Santa Rosa, CA – The Climate Center lauds Governor Newsom for the high-level vision articulated in his energy, climate and wildfire speech earlier today before the Public Policy Institute of California. “Kudos to Governor Newsom for articulating a compelling vision for a clean, decentralized, reliable, safe and affordable future electricity system in California,” said Ellie Cohen, … Read more
by Mark Olalde, Desert Sun, January 24, 2020 Highlights Decommissioning and cleaning up oil and gas wells throughout the state may cost billions, but only $110 million is saved for this process. Many wells become abandoned as oil and gas prices take sharp downturns and environmental policies result in the decrease of the use of … Read more
by Ewa Krukowska, Bloomberg, January 28, 2020 Highlights The European Union is drafting a measure, titled the Green Deal, to eliminate greenhouse gas emissions entirely by 2050 in hopes to become the world’s first carbon neutral continent. The EU wants to make their new climate law irreversible The Green Deal is meant to keep Europe … Read more
by Kathy Hipple, IEEFA, January 28, 2020 Highlights Forty-two companies within the United States that have fracking based portfolios filed for bankruptcy in 2019: In total, the aggregate debt of these companies was $26 billion The fracking sector struggled due to overproduction, gas and oil prices, and increasing debt throughout the past 5 years Moody’s … Read more
by Daisy Dunne, Carbon Brief, January 27, 2020 Highlights Tropical forests are losing their ability to capture carbon dioxide from the air due to deforestation. The boreal forests found in cool temperature, high mountain ranges are sequestering more CO2 than tropical forests due to the rise of the CO2 Fertilization Effect Roughly 30% of all … Read more
by John Bowden, Bloomberg, January 21, 2020 Highlights Spain has declared a climate emergency and intends to write legislation to be sent to parliament in the next 100 days. The European Union Parliament declared a climate emergency in November and Spain is following their lead by setting a goal of carbon neutrality by 2050 Spain is … Read more
by Bill Lucia, Route Fifty, January 24, 2020 Highlights A new study from researchers at the John F. Kennedy School of Government at Harvard estimates how much cars, trucks, and roads cost Massachusetts each year: The study estimates that the total estimated cost each year of the vehicle economy in Massachusetts is about $64 billion … Read more
By Ellie Cohen As the great-horned owl hooted in the pre-dawn darkness, we packed up our fully charged 2019 Nissan Leaf SV Plus (180 freeway miles per charge) and began our journey south (395 miles south!). Feeling like pioneers of the past, Ann, Amanda and I were prepared. The week before we’d downloaded the latest … Read more
by BloombergNEF Highlights: Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40% from the previous year’s record. The majority of this purchasing occurred in the United States. BloombergNEF’s 2020 Corporate Energy Market Outlook found that approximately 19.5GW of clean energy contracts were signed by … Read more
Oakland, CA — Climate and clean energy experts released a new policy roadmap today to guide California state policymakers who want to use clean energy to combat wildfires and power outages. The roadmap details proposals that would accelerate the clean energy transition, transform the outdated investor-owned utility business model, and modernize the power system. “The 2020 wildfire season might … Read more
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