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Governors' Biofuels Coalition
NEWS UPDATE December 13, 2012

Campus Divestment Fight Resonates in the East

By BRENT SUMMERS, New York Times  •    •  Posted December 13, 2012

For apartheid, it was universities in the West and Midwest that got the ball rolling. On the issue of Sudan and Darfur, the cause caught fire earliest at Ivy League schools. But for the latest college divestment movement, most of the action is unfolding at schools like Middlebury, the University of Vermont, Bowdoin, the University of New Hampshire, Tufts, Vassar and Swarthmore. Five weeks into a full-court press, a quixotic campaign to persuade universities to rid their endowments of stock in fossil fuel companies seems to be striking the deepest chord on campuses in the Northeast, organizers report. To highlight the role that fossil fuel emissions play in global warming, students at more than 100 colleges across the country are protesting the investment of their school’s endowment funds in large companies like Exxon, BP and Shell [ read more … ]

Exxon outlook affirms the explosive growth of North American crude

Nathanial Gronewold, E&E reporter  •    •  Posted December 13, 2012

In the overall energy mix, the use of renewable energy sources like wind and solar power will grow the fastest in annual percentage terms, but company officials maintain that they will still account for about 3 percent of the world’s total energy production in three decades. [ read more … ]

Activists say biomass should lose tax credit

Nick Juliano, E&E reporter  •    •  Posted December 13, 2012

The Center for Biological Diversity and other green groups are calling on Congress to eliminate the production tax credit for biomass. The credit is in place through the end of next year, unlike the similar PTC for wind that will expire at the end of this month unless Congress renews it. CBD and other mostly local environmental groups from around the country wrote to congressional leaders yesterday urging an end to the biomass credit, citing concerns about near-term increases in greenhouse gas emissions and conventional pollutants emitted in biomass energy production. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.