projects
The Restoration Economy
Deforestation is one of the largest contributors to climate change. Forests cover about 30% of the world’s land area and are a crucial sink for carbon dioxide. Over time, we have been steadily reducing the amount of forest in the world to obtain wood and timber, open up farmland, build towns and cities, produce paper, make palm oil, and mine for minerals.
Renewable Energy Trends
There are major trends going on in the renewable energy world. Several will merit close attention this year.
Offshore Wind Progress
Last December, the first commercial offshore wind farm in the United States started operation off the coast of Rhode Island. The Fisherman’s Energy Atlantic City Windfarm off the coast of New Jersey is under construction. With the lengthy logjam finally broken, there is increasing activity in the emerging U.S. offshore wind sector.
Renewable Energy Projects In The Northeast
The seven northeastern U.S. states that make up the Regional Greenhouse Gas Initiative have all set ambitious emissions reduction goals and renewable energy targets that will be difficult to meet. For example, New York has the goal of getting 50% of its electricity from renewable sources by the year 2030.
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