Headline News:
- “NC Will Pay For Climate Inaction: Report” • A report finds that if steps aren’t taken immediately to fight climate change in North Carolina, its citizens will pay the price of inaction over the next 20 to 30 years. The Environmental Defense Fund commissioned the report to look at the short-term financial ramifications of such a failure. [Coastal Review Online]
Coastal flooding at North Carolina’s Outer Banks (NCDOT photo)
- “Rockefeller Foundation, Created By Oil, Ditches Investments In Oil” • The Rockefeller Foundation, set up in 1913 by John D Rockefeller, has decided to divest from fossil fuels and not make any new investment in the oil industry, the president of the Rockefeller Foundation, Rajiv Shah, told CNN in an interview published on Friday. [OilPrice.com]
- “Montana Regulators Force $285 Million Cleanup Bond on Coal Company” • Montana environmental regulators forced the owners of a power plant to provide a $285 million cleanup bond, a move some local organizations hailed as a conservation victory. But Talen Energy, owner of the Colstrip Power Plant, called the amount “grossly excessive.” [Flathead Beacon]
- “Introducing Liquid Wind” • Liquid Wind is a Swedish power-to-fuel company that aims to reach financial close in early 2021 for its first facility. Their process captures carbon dioxide, splits water to get hydrogen, and compresses the two together to make renewable methanol. And that can be used as a fuel in a broad number of applications. [Renewables Now]
- “Renewables Are Driving Down Australian Energy Bills” • The Australian Energy Market Commission’s latest annual Residential Electricity Price Trends report shows that costs are falling as renewables build-out replaces inefficient coal-fired generation. Over 4.2 GW of new renewables capacity are to be built over the next three years. [pv magazine International]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
* This article was originally published here
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