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US lags international peers on renewables development, and federal policy is to blame: Moody's

Dive Brief:
The United States has the lowest renewable energy penetration among the top 5 global economies, Moody s Investors Service concluded in an infrastructure and project finance report released Monday. Leading that list is the European Union and U.K., followed by China, India and Japan.
The analysis blames the laggard status on weak U.S. federal policies, including the lack of a national renewables mandate and inconsistent tax incentives for wind and solar. Where renewables have thrived in the United States, Moody s said, is in large part due to their growing cost competitiveness and local policy.
Analysts and advocates agree U.S. federal policy has not sufficiently championed renewables growth, but see reasons for optimism with President Joe Biden indicating his support for clean energy. It is really important for the federal government to lay down some markers and set some goals, said Uday Varadarajan, a principal in Rocky Mountain Institute s (RMI) carbo ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120606:13:25:00

He is suddenly bailing out testifying in this after he described in a video unearthed the epa s enforcement philosophy saying he believed that regulators should crucify u.s. energy oil and gas companies in particular. remember all that? steve centanni joins me now. he is live in washington. why did he refuse to testify, steve? reporter: his lawyer gave no reason. he abruptly canceled late yesterday. al armendariz got the attention of house committee on energy and commerce when he made this comment in a web video. in explaining how the epa should make an examples of certain members of the oil and gas industry he said in part, kind of like how the romance rome man to used to conquer village in the mediterranean. go into turkish town and saw the first gave guys and crucify them. that town was easy to manage the next few years. you make examples out of people in this case not comply ability with the law. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120606:13:26:00

Armendariz was called to the panel to explain his comments. committee chair fred upton put out a statement that he is disappointed and president obama s epa established a record of abuse in its policies and enforcement practices. upton says the hearing will go on without armendariz. martha: steve, could this decision not to testify have anything to do with with release of new gop videos?. reporter: that is what some analysts believe that the video s slamming the obama administration of oil and gas companies made the climate too radioactive for armendariz to appear. here is one of those videos. to quote one of my colleagues at epa, epa is a mean, green, job creation machine. reporter: that is claim by republican that is the president is pushing the epa to become too green. other epa officials and president talk on video about the oil and gas industry. no immediate comment from the epa. martha: thank you very much. steve centanni. bill: there are new calls for answers after classif ....

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FOXNEWS Americas Newsroom June 6, 2012

wonderful people. bill: we have team fox coverage and a lot of it too. ed rollins, former deputy chief of staff to president reagan. he will explain the impact on the presidential race. stuart varney on the blow to big labor. but we begin in madison with steve brown this morning in wisconsin. after all wisconsin has gone through and the fierce tone of this election is unity between these groups now realistic, steve? good morning. reporter: good morning, bill. yes. given both sides had armeys of dedicated folks that gave it everything they got i think it will be kind to say it will be a challenge to bring both sides together to get on with the state s business. that said, governor walker made an attempt to at least met foricly extend and olive branch to all wisconsinites saying it is time to get on with wisconsin s business. i believe that for the sake of our children and our grandchildren now is the time for us to come together, to tackle the challenges that face ou ....

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