Sixty percent of Fortune 500 companies have set a climate or energy-related goal, yet they vary dramatically in terms of ambition and are not happening at the speed or scale needed to align with what the science requires, according to a new World Wildlife Fund (WWF) report.
Late last week on the heels of the Thanksgiving holiday, the federal government released the second volume of its Fourth National Climate Assessment. The report details the present and future impacts of climate change in the U.S. by sector and by region.
The main finding? Climate change is already having economic and health impacts across the nation, and time is running out to prevent or minimize even the very worst impacts.
Nations in Southeast Asia are working to balance energy security, environmental sustainability and economic competitiveness at a time when the financial sector is looking for bankable energy projects in which to invest. The region’s industrial growth in recent years has encouraged economic growth and urbanization that has expedited its consumption of energy.
Businesses lauded Gov. Roy Cooper for taking action to rapidly transition North Carolina to a clean energy future in a move that will benefit all North Carolina residents by strengthening the state economy and reducing greenhouse gas emissions.
On the evening of Sunday, October 28th, Brazilian citizens solidified the decision that Jair Bolsonaro will be the country’s next president. Often called “tropical Trump,” Bolsonaro’s stated agenda has massive implications: during his campaign, he promised to withdraw from the Paris Agreement, shut down the Ministry of Environment and open up the protected indigenous lands to mining and industrial agriculture. In the week before the election, he walked back on some of these statements, but the overall sentiment doesn’t bode well for our climate—or for your company.
The scale of these rollbacks — measured in GHG emissions, in economic costs to be paid and benefits to be lost, and in human lives — is breathtaking. These rollbacks not only reveal a bad “instinct” for science, they also show a bad sense for business.
Separated by decades of progress and technology’s endless march, it’s easy to think electric vehicles share little heritage with their internal combustion forebears. But even as they bookend the automotive spectrum, today’s EVs are much like the first automobiles in one important respect: When the first cars were made, they had an outsized dependency on infrastructure. Without a robust system of roads (let alone highways), what was the incentive to buy?
As the private sector adopts climate disclosure standards established by the Task Force on Climate-Related Financial Disclosures (TCFD), the oil and gas industry faces increasing pressure from its investors to disclose how it is managing climate risk, including emissions of methane from oil and gas.
Bolstered by decreasing costs and strengthening regulatory support, demand for renewable energy is increasing as wind and solar photovoltaics continue to become more prominent contributors to utilities’ generation and revenue mix. As enthusiasm for renewable energy grows, wind and solar remain hampered by how much energy can be stored when generated to be used subsequently when energy is needed.
The cost of energy storage has fallen to the point where the power generation industry is moving from demonstration projects to full deployment. Driven by demand and a federal order designed to nurture broader adoption of storage capabilities, practical applications of energy storage are emerging that are competitive with conventional solutions.
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