by Ben Geman, Axios Highlights The renewable energy sector is advocating for aid during the next phase of COVID-19 stimulus relief as projects are canceled, layoffs widen, supply chains are disrupted, and companies risk missing deadlines to use tax credits The first bills were mainly emergency rescue and stabilization plans, but the next phase could … Read more
By David Caleb Mutua, Bloomberg Highlights According to UBS Global Wealth’s head of credit, Thomas Wacker, sustainable bonds are a “defensive opportunity” that credit investors should favor over non-green, investment-grade corporate notes The fossil fuel industry has no presence in the green bond market and are feeling the impacts of the turning economy due to … Read more
By Ivan Penn, The New York Times Highlights Even though the renewable energy sector is facing some losses during the coronavirus pandemic, renewables are set to account for nearly 21% of the electricity in the United States, a 3% increase from 2019 Renewables prices have not dropped as much as oil and gas prices during … Read more
from United Nations Climate Change Highlights COP26, the next United Nations climate change conference that was set to take place in Glasgow in November 2020 has been postponed until 2021. This conference, which brings leaders from all around the world together to coordinate climate initiatives, was postponed due to the current coronavirus pandemic Various climate … Read more
by Brian Bienkowski, Environmental Health News Highlights Small-scale energy projects are likely to help the world reach climate goals more effectively than larger-scale projects, according to a new study from Science Magazine. The study used existing technologies to see what would help countries lower emissions all the way down to net-zero by 2050 and examined … Read more
My how things have changed. Back in the day, when most of the electricity we used was derived from fossil energy sources, any reduction of electricity use was considered a good thing by those concerned about emission. Now that the grid is on a trajectory toward ever cleaner sources, the dynamic has changed. Fuel switching … Read more
Due to the COVID-19 disruption, the legislature has gone into recess until April 13 at the earliest. While the legislature is on recess, The Climate Center continues to analyze the bills that were introduced in February, and is in the process of determining positions on many of them. Below are several, but not all, of … Read more
As we reel from the COVID-19 pandemic and think about the longer-term consequences, many of us are likely wondering how things will be in the fall. Many of us remember the Public Safety Power Shut-offs of 2019 that meant no electricity for refrigeration, heat, the internet, and in some cases, vital medical equipment. It was … Read more
by David Wethe, Bloomberg Highlights: Major fracking companies are expecting to crash and don’t anticipate receiving financial help from Wall Street, potentially paving the way for more renewable energy projects. Though drilling rig numbers have dropped in the past, the current decline could come much faster this time according to fracking giant Schlumberger Ltd. Halliburton, … Read more
by Damian Carrington, The Guardian Highlights Destruction of wildlife and the climate crisis is hurting humanity. Covid-19 a ‘warning from nature, according to the UN’s environment chief, Inger Andersen. To prevent further outbreaks, both climate change and the destruction of the natural world for farming, mining and housing have to end, as both drive wildlife … Read more
