Connecticut state senator Matt Lesser (D), a co-chair of the state senate’s insurance committee, is pushing a bill that would require the state’s insurance commissioner to study and report on climate change issues. A public hearing on the bill was held yesterday.
The SB583 solar bill debate was lively on the West Virginia House floor yesterday, and some of the delegates’ viewpoints were… interesting. However, the House of Delegates ultimately passed the bill on a 75-23 vote that will make it easier for companies to get a small portion of their power supply from solar energy.
You know what’s shortening people’s lives globally, far more than viruses, wars, disease, and smoking? It’s air pollution, according to a new study released today and published in Cardiovascular Research.
JP Morgan, the world’s largest financier of the fossil-fuel industry, announced yesterday that it will end fossil-fuel loans for Arctic oil drilling and phase out loans for coal mining.
Nearly 1 in 5 cars in Bergen, Norway’s second-largest city, are fully electric. The reality that such a place exists has sent oil and fuel-retail companies to Norway to prepare for the disruption ahead.
London’s Financial Times reported this week that Canada’s Couche-Tard, a multinational company with about 15,000 convenience stores, is using Norway as a “laboratory” to study a future without gas stations. Couche-Tard replaced fuel pumps with EV chargers in some of its Circle K gas stations in Scandinavia.
The Wyoming legislature proposed a bill this week that would have penalized — yes, penalized — utility companies for using green energy to supply electricity to customers. Fortunately, the bill didn’t receive sufficient votes to advance.
US House Minority Leader Kevin McCarthy (R-CA) (pictured, with Donald Trump) and House Energy and Commerce Committee Republican Greg Walden (R-OR) introduced climate-change legislative proposals today in an attempt to shift the Republican party’s message on climate change from nothing to something.
Senator Tom Carper (D-DE) introduced the Clean Economy Act of 2020 today. The act’s purpose is to put the United States on a pathway to achieve net-zero emissions by no later than 2050.
The bill is co-sponsored by 32 senators — all Democrats — as well as Angus King of Maine, who is an independent.
Jim Cramer, the host of CNBC’s Mad Money, cofounder of The Street, and former stockbroker and hedge fund manager, declared fossil fuels dead after oil giants Exxon Mobil and Chevron reported Q4 earnings this morning.
The 50th World Economic Forum (WEF) at Davos launched its annual meeting today with an agenda focused heavily on climate change. This year’s theme is, “Stakeholders for a Cohesive and Sustainable World.”
BlackRock, the world’s largest investment manager, announced that it will no longer invest in thermal coal. It also said it will drop company directors who fail to act on financial risks from climate change.
In today’s Electrek Green Energy Brief (EGEB):
US Deputy Energy Secretary Dan Brouillette had his first Senate hearing for the post of secretary of energy yesterday. He was tapped by Donald Trump to replace Rick Perry. Brouillette previously worked for Ford as a VP of their policy team. Here’s a snapshot of his thoughts on green energy and fossil fuels.
In today’s Electrek Green Energy Brief (EGEB):
In today’s EGEB:
In today’s EGEB:
A recent study projects that global fossil fuel subsidies totaled a staggering $5.2 trillion worldwide in 2017, and shows efficient pricing would have cut more than a quarter of global carbon emissions in 2015.
A recent Gallup poll shows most Americans support proposals that aim to “dramatically” reduce the use of fossil fuels. Solar and wind power also earned a strong show of support in the poll.
Exposure to air pollution is now a bigger killer worldwide than smoking, according to a new study.
Electrek Green Energy Brief: A daily technical, financial, and political review/analysis of important green energy news.
Today on EGEB, a new ICO aims to deploy crypto-currency to bring solar power to Third World countries. The U.S. Department of Energy is considering nationalizing failing dirty utility providers and energy producers for the sake of “national security”. Indian coal industry is in serious trouble as it’s being outclassed by its solar competitors.
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The biofuel and oil industries, which were both heavily subsidized over the years, are now working together to lobby against electric vehicle incentives under the pretext that they are seeking “a level playing field”.
Their respective main lobbying groups made the announcement this week.
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In its latest ‘World Energy outlook’ report, the International Energy Agency (IEA) found that fossil-fuel subsidies dropped sharply by 35% last year – from almost $500 billion in 2014 to $325 billion in 2015. It’s a significant improvement, but the industry remains largely over-subsidized relative to the renewable energy industry, which receives about half the monetary value in subsidies – $150 billion.
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The Divestment movement, which aims at convincing people to remove their money from fossil fuel investments, has been picking up steam over the past year. A new report that came out this week claims that it has reached a commitment of over $5.2 trillion in assets from 688 institutions and 58,399 individuals across 76 countries over the last 5 years.
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