Carbon Tracker: Balancing the Budget: Why deflating the carbon bubble requires oil & gas companies to shrink “The world’s listed oil and gas majors must cut combined production by more than a third by 2040 to keep emissions within international climate targets and protect shareholder value.” Energy News Network: More renewables will mean less asthma…
Learning from the Past to Create a Brighter Future: The Time is Right for Green Banking
By Reed Hundt. This piece originally appeared in Morning Consult. A huge majority of Americans now understand that climate change is real, ominous and imminent. Extreme weather, threats to food supply, climate refugee migration, risks to beachfront cities and overwhelming scientific consensus have all combined to compel Congress to push the economy onto a clean…
Link Roundup: What We’re Reading in Energy News
PV Magazine: CEFC tables Annual Report to Australian Senate “The Clean Energy Finance Corporation (CEFC) has released its 2018-19 Annual Report on its investment into Australia’s clean energy transition. The report laud’s CEFC investment and provides optimistic reading for the energy transition.” The Green Climate Fund: Driving the transformation to a climate-resilient financial system “This…
Clean energy saves lives: new research underscores human toll of fossil fuels
New research has found that the past few years have reversed a long-term decline in particulate air pollution. Levels of these superfine particles have risen 5% from 2016 to 2018. Researchers found that this increase was associated with 9,700 additional premature deaths, and that these deaths represent damages of $89 billion. These particles are emitted…
Link Roundup: What We’re Reading in Energy News
New York Times: Bank regulators present a dire warning of financial risks from climate change “Home values could fall significantly. Banks could stop lending to flood-prone communities. Towns could lose the tax money they need to build sea walls and other protections.These are a few of the warnings published on Thursday by the Federal Reserve…
ENN: Northeast green banks inspire national proposal for clean energy financing
Energy News Network today provides an excellent overview of the movement to create a National Climate Bank, and highlights the success of existing institutions in proving the power of the Green Bank Model. From the story: The national proposal would create an independent nonprofit climate bank that would be capitalized with $35 billion in federal…