Feed-in tariffs, incentives that have helped drive renewable energy development in Germany, the U.K. and more than 40 other nations, “distort” markets and there are no plans to use them in Alberta, the Canadian province’s energy minister said.
Good morning, and welcome back to the Griddle, a menu of fortified items for the busy person's media diet. Southern Florida welcomes visitors from around the world this time of year, offering family-friendly beach and ocean getaways. Tourism assets are well-protected from U.S. oil exploration, but not from Cuban drilling, which can operate nearly as close to Florida as BP's Macondo well was to Louisiana. The U.S.'s decades-old embargo on Cuba is running up against the need to offer them drilling and safety technology, as Bloomberg News' Katarzyna Klimasinska reports today.
The season has already brought all manner wintry wonders for data junkies: record high temps, record high snowfalls, and an ongoing blizzard of clean energy investment. Neither stormy global economic conditions nor U.S. policy fiddle-faddle could impede the capital flow, which rose five percent to a record $260 billion, according to Bloomberg New Energy Finance. The U.S. led the world, driving $55.9 billion into the sector, a 33 percent jump from 2010. It out-invested China for the first time since 2008.