Headline News:
- “JPMorgan Chase Announces End To Financing New Oil And Gas Drilling In Arctic” • After a similar move by Goldman Sachs, JPMorgan Chase announced an end to financing all new oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge. Chase is the largest bank in the US to release such an updated energy policy. [NationofChange]
Arctic oil drilling rig
- “Dam The North Sea! Hey, It Could Happen” • Who says scientists don’t have a sense of humor? Two of them published a proposal to build two dams, one from Scotland to Norway and another from England to France, to maintain water levels in the North Sea. The interesting thing is that it would be cheaper than allowing sea levels to rise. [CleanTechnica]
- “US Coal-Fired Power Plants Just Had Their Worst Year Since The 1970s” • In 2007, the US generated a record amount of coal-fired electricity, at an estimated 2,016 TWh, data compiled by the US Energy Information Administration shows. Last year, coal generated less than half that, as natural gas, nuclear, wind, and solar all set records. [Motley Fool]
- “Climate Change Threatens Winter Sports’ Very Existence” • A warming planet has major ramifications on winter snowpack across the globe, including a long-term drying trend for many. That’s a concern for winter sports enthusiasts and communities that depend on snow. California, where snowfalls have been abysmal this winter, provides an example. [CNN]
- “NV Energy Requests Rate Decrease For Southern Nevada Customers” • NV Energy filed a request with the Public Utilities Commission of Nevada for an overall $6.7 million rate decrease for Southern Nevada customers effective Oct 1, 2020. The filing reflects reductions in costs forecast for clean energy and energy efficiency services. [KTNV Las Vegas]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
* This article was originally published here
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