Not exact matches
Despite ample wind and sun, some of the highest electricity
prices in the country, and the
steep cost
decline in renewable
energy technologies, Puerto Rico has fallen far behind other US regions
in renewable
energy investment, forming barely 2 percent of its generation mix.
With the recent
steep fall
in oil
prices and associated
declines in other
energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says
in the Washington Post.
What crushed green
energy was the boom
in shale oil and gas along with the
steep decline in the
price of fossil fuel that few saw coming just a few years ago.
The
decline was due to a
steep drop
in energy prices.