Atlanta-based Southern Co., the US’s third-largest utility, will terminate around 55% of its coal fleet by 2030. Southern Co. is working toward achieving net zero by 2050.
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The US Energy Information Administration (EIA) is projecting that there will be 22% more coal-fired electricity generation in the US in 2021 than in 2020 due to higher natural gas prices – but the coal spike won’t last.
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Analysis of Google search data revealed that online searches for electric cars in the UK exploded 1,600% on September 24 – the day that gas shortages became a widespread problem across the country.
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In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
The world’s largest-ever report about climate change was published today by the Intergovernmental Panel on Climate Change (IPCC), a United Nations group of nearly 200 leading climate scientists that looked at more than 14,000 scientific papers. It’s pretty grim – but far from hopeless. There are things we all can and must all do. As US Senator Ed Markey says, “We can’t agonize – we must organize.”
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In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
In today’s Electrek Green Energy Brief (EGEB):
After an (American) holiday weekend largely dedicated to setting things on fire, we think it’s relevant to note something that caught on fire this weekend that absolutely shouldn’t have: namely, the sea.
Over the weekend, not only did a fire break out in the Gulf of Mexico but also in the Caspian Sea. Both incidents were, predictably, associated with fossil fuels.
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In today’s Electrek Green Energy Brief (EGEB):
Governor Ron DeSantis (R-FL) just signed into law SB 1128/HB 919, “Preemption Over Restriction of Utility Services,” which was pushed through the legislature. It prevents local governments from deciding which energy path they want to take. In other words, Florida towns and cities are now unable to switch to 100% clean energy because they can’t ban fossil fuels.
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Maine has become the first US state to pass statewide legislation to divest from fossil fuels. LD 99, “An Act To Require the State To Divest Itself of Assets Invested in the Fossil Fuel Industry,” was signed late Wednesday by Governor Janet Mills (D-ME). A divestment plan is now required by 2026.
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Texas has been hit by a heatwave, and the Electric Reliability Council of Texas (ERCOT) has asked residents to reduce electricity use until Friday because demand is up, but power supply is down. ERCOT stated yesterday, “Generator owners have reported approximately 11,000 MW [megawatts] of generation is on forced outage for repairs; of that, approximately 8,000 MW is thermal, and the rest is intermittent resources.” “Thermal” power in Texas largely refers to natural gas-fired power plants, which make up around 50% of annual energy production in Texas.
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In today’s Electrek Green Energy Brief (EGEB):
At today’s JPMorgan Chase annual general meeting (AGM), CEO Jamie Dimon faced questions from a number of climate justice activists on Enbridge’s Line 3 tar sands oil pipeline and Indigenous sovereignty, the East Africa Crude Oil pipeline (which many banks have refused to finance), the Adani Carmichael coal mine in Australia (which no insurer will cover), deforestation, and the bank’s oil, gas, and coal policies.
According to the Rainforest Action Network, Dimon either dismissed those questions, punted, or demonstrated an apparent misunderstanding of his bank’s policies.
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In today’s Electrek Green Energy Brief (EGEB):
The costs of most existing coal-fired power plants in the US are now more expensive than the total costs of wind and solar as a result of their plunging costs, according to a new study.
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The BlackRock US Carbon Transition Readiness exchange-traded fund (ETF) (LCTU) launched last week. It broke records on its first trading day with $1.25 billion invested. But there’s a big problem with this ETF: It’s jam-packed with Big Oil companies.
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In today’s Electrek Green Energy Brief (EGEB):
