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In 2021, a record-breaking heat dome enveloped Oregon , tragically claiming the lives of 72 people. In response, Multnomah County, which includes Portland, filed a lawsuit for over $51 billion against major fossilfuel entities–one of the largest claims for a climate case to date. This case is just one of dozens in the U.S.
This year has brought new evidence of what major fossilfuel companies knew and when about the role their products play in climate change, as well as what they did in spite of what they knew. They enable us to strengthen our balance sheet and high grade or diversify our portfolio.
While at least one event provided a platform for oil and gas industry greenwashing, others centered people directly affected by fossilfuel-driven climate change who are holding bad actors accountable. I had the honor of moderating one of the latter events, Scientists & Activists vs. FossilFuel Finance.
Replacing fossilfuels with renewableenergy from wind and solar will depend on upgrading the electric power grid, which is currently plagued by planning delays and gridlock. Midwest (Sort of) Continues a Proud Tradition. What New England Sees. SPP & MISO Show “You Won’t Know Until You Try”.
Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). GW record from 2021. Compiled by UCS from Energy Information Administration data as of January 2023. A bit more on those reasons later.
And I love hearing about new renewable electricity records as spring unfolds. A few recent examples for that last love: California scored a new record for total generation from renewableenergy in mid-April and a new record for solar production in mid-May. New York just broke its solar record.
Minnesotans are facing concurrent crises of climate change, high energy prices and inflation, and the inequitable public health impacts of fossilfuel air pollution. Renewableenergy will help with all of that—but we need a grid that is designed for wind and solar instead of having to rely on expensive coal and gas plants.
Other work commissioned by clean energy developers found substantial savings result from energy storage investment, including billions of dollars in consumer cost savings, increased grid reliability, and additional economic activity.
In a report this year to its shareholders, New Fortress Energy leadership stated its plan to replace the aging generating fleet in Puerto Rico with methane gas units, saying that solar power and storage would be complementary to the generation mix. Fossilfuels account for 94% of electricity generation in Puerto Rico.
There’s good news in the recently released official data on electricity generation in the United States in 2022: renewableenergy has continued to grow, coal power has continued to drop, and renewables are now firmly ahead of coal for the first time ever. They offer a lot of good news about clean energy progress.
Nearly all of the alliance members have a renewable electricity standard (RES), which requires utilities in their jurisdiction to increase their use of renewableenergy to a particular percentage by a specific year. We found that states have technically feasible and highly beneficial ways to achieve 100-percent renewableenergy.
That 2013 headline resulted from the first effort to quantify emissions from the ‘carbon majors’ —fossilfuel companies and cement manufacturers whose businesses have contributed an outsized amount of heat-trapping gases to the atmosphere. Nearly two-thirds of industrial heat-trapping emissions can be traced to just 90 entities.
These estimates come from quantifying the benefits of a more efficient grid that enables lower cost energy, greater system resilience, and more rapid decarbonization. According to Clean Grid Alliance, these projects will also enable more than 7,800 MW of new renewableenergy resources developed in the state.
Since the summer of 2021, five Republican-controlled state legislatures have passed bills banning their state governments from doing business with financial institutions that they allege have divested from fossilfuel companies as a result of ESG investment policies. Another six statehouses are considering similar bills.
In 2021, 9 percent of US electricity came from those graceful kinetic sculptures, up from less than 3 percent in 2011. Wind is now the largest source of renewableenergy in the country. Wind power generation will continue to rise, including in the near term as a result of one of the US wind industry’s best years ever in 2021.
Minnesotans are already experiencing the climate crisis, as well as health impacts, from burning fossilfuels. A recent Union of Concerned Scientists analysis found that Minnesota could meet its electricity demands with 100-percent renewableenergy by 2035, which would provide significant economic and health benefits.
In its last NDC, back in 2021, the U.S. That means we’ll need to quickly add additional clean energy policies and policies to phase out fossilfuels just to meet our 2030 goals. committed to cutting its emissions 50-52% below 2005 levels by 2030. For the next round of NDCs, the U.S.
New analysis from Environmental Defence reveals that despite federal government promises, funding to the fossilfuel and petrochemical industries remains high Ottawa | Traditional, unceded territory of the Algonquin Anishinaabeg People – New analysis released today by Environmental Defence reveals Canada’s federal government provided at least $18.6
The state-specific fact sheet, On the Road to 100 Percent Renewables for Minnesota , outlines how it could meet its electricity needs completely and equitably with renewableenergy by 2035 and dramatically reduce fossilfuel use in vehicles and buildings. One area where the bill could do better?
In 2011, Tregs Independent Brewing worked with Solar RenewableEnergy to install a rooftop solar array large enough to produce 15-20 percent of its annual electricity usage. The 1,628 panels, partnered with a new white roof membrane and added insulation, make the brewery more energy efficient while saving on their electricity bills.
The IRA will stimulate most of the near-term private investment in clean energy and related infrastructure to decarbonize the US economy, spurring more than a trillion dollars in capital investments through 2035. It also will save US consumers money because they will spend less on fossilfuels. Your thoughts?
Climate policy has been boosted by dramatic changes in the economics of clean energy. Perhaps the most important development of the past decade has been the dramatic decline in the cost of renewables. Wind power costs fell by half from 2008 to 2021. Rooftop solar costs in 2020 were a third of what they had been in 2010.
Thats why Prime Minister Trudeaus 2021 promise to deliver a net-zero electricity grid by 2035 was important. To deliver on this goal, the federal government made important investments in renewableenergy projects. The regulations work by placing an annual limit on the pollution from electricity produced using fossilfuels.
Having gained its status as an autonomous region, the fledgling Bangsamoro government has invited investors to drill under the Liguasan Marsh for fossilfuels. By Laura Gersony, Circle of Blue — November 1, 2021. Local representatives estimate that the fossilfuels underneath the marsh are valued at as much as $1 trillion. .
New research from the International RenewableEnergy Agency (IRENA) confirms renewables are continuing to outpace fossilfuels on cost. They found that the share of renewableenergy that achieved lower costs than the most competitive fossilfuel option doubled in 2020. C climate pathway.
Along with interim goals and priorities for pollution reduction in environmental justice areas, the law provides authorization and resources for state agencies to enable the transition to clean, renewableenergy. Illinois legislators and clean energy advocates celebrate CEJA’s signing in September 2021.
This high-profile commitment to shift away from some forms of fossilfuel infrastructure came less than six weeks before a pivotal global climate conference in Glasgow, Scotland. Two sturdy and growing sources of renewableenergy, wind turbines and solar power, use negligible amounts of water. It is already 1.1
The air quality for this report was calculated using data reviewed by EPA from 2020, 2021, and 2022. That means it includes the extreme wildfires exacerbated by the fossilfuel industry that burned more than 4% of California in 2021 and 2022. come from burning fossilfuels and pesticide use, and ultrafine particles (PM0.1)
energy policy has done little to incentivize the growth of these technologies, relying on a patchwork of energy credit programs, tax breaks, and development spending to promote renewableenergy production. But as the market grows, some urge caution before using wastewater to create renewable natural gas.
It’s widely viewed as the “gold standard” for energy projections, even though there’s much debate in the energy community about the validity of the assumptions behind these projections. Source: US Energy Information Administration, Annual Energy Outlook 2022 (AEO2022). This year’s projections are a bit grim.
In Egypt, the government’s investment fund is looking for private partners to build seawater desalination plants powered by renewableenergy. The post What’s Up With Water – August 30, 2021 appeared first on Circle of Blue. Transcript. The extra water would be welcome. This is Eileen Wray-McCann – thanks for being here.
Smaller, decentralized growth in electric heat pumps for buildings, and electric transportation replacing fossilfuels also require more access to electricity and a modern grid. Add the supply We have more energy-producing facilities than ever before, and the United States is producing record levels of energy.
On the last day of the 2022 Minnesota legislative session, state legislators had a real case of the Mondays: They failed to deliver on climate and energy policies that would have accelerated renewableenergy enough to forge a clear path to carbon-free electricity and set the state on track to meet science-based emission reduction targets.
However, as we replace fossilfuels with clean electricity for heating and transportation to meet our climate goals, these peak demands will increasingly shift to the winter in many parts of the country. Decarbonizing the power sector also plays a critical long-term role by replacing fossilfuels in other sectors.
Hurricane Katrina in 2005, Superstorm Sandy in 2012, Hurricanes Harvey and Irma in 2017, and Hurricane Irma in 2021 were all accompanied by the same question. This has got nothing to do with climate.This is not because of fossilfuels.” A 2021 analysis of more than 88,000 studies since 2012 now finds 99.9
As countries around the world grapple with eliminating their own fossilfuel subsidies, Canada has set a strong global precedent. This is alarming given that Canada is one of the largest providers of fossilfuel financing in the G20. This would rule out any spending on new oil, gas or coal projects.
It issued five Flex Alerts in 2020, eight in 2021, but there’s only been one so far this year. As California decarbonizes its economy, the state will build enormous amounts of renewableenergy and energy storage to clean up the electricity sector. heat pumps !).
On Wednesday, Oregon Governor Kate Brown signed a package of four clean energy bills. These laws ban new fossilfuel plants and set aggressive targets for the state’s two major utilities, requiring emission cuts of 80% by 2030, 90% by 2035 and 100% by 2040. These bills move Oregon to the forefront of climate action.
The renewableenergy transition involves harnessing epic forces of nature. Sleek solar panels forged from silver and silica from the depths of the Earth translate the sun’s blindingly fiery light energy into electricity. Once the battery looks up to code, it is off to the grid to power our renewableenergy future!
A new report released today by Environmental Defence – Buyer Beware: FossilFuel Subsidies and Carbon Capture Fairy Tales in Canada – reveals that despite promises to phase out fossilfuel subsidies, the federal government provided the fossilfuel sector with at least $8.6 billion in 2021. .
The LCFS is designed to hold fuel producers accountable for their supply chain emissions The LCFS and related Clean Fuel Standard policies are performance standards for transportation fuel based on lifecycle analysis. Negative CI scores undermine California’s goal of phasing out fossilfuels and combustion fuels in general.
Glasgow — Today at COP26, Canada, US, Mali, UK, and 20 other countries and institutions from both developed and developing countries launched a joint statement committing to end direct international public finance for unabated coal, oil and gas by the end of 2022 and prioritize clean energy finance. This was 2.5
According to the Energy Information Agency , South Korea’s power sector is heavily reliant on fossilfuels. Two thirds of generation capacity is based on fossilfuels, split evenly between coal and natural gas, with 17% nuclear, and 14% hydro and other renewables. 50% coal, 26% gas, and 25% nuclear.
Batteries are key to enabling the renewableenergy transition. When the sun isn’t shining or the wind isn’t blowing, batteries help store clean energy to continue supplying electricity to the grid and to customers consistently and reliably. A fossilfuelenergy grid extracts and expends finite resources.
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