Climate change is really all about money
And all negotiations are just about who is going to pay and how much.
And all negotiations are just about who is going to pay and how much.
It’s a great time for air conditioner manufacturers. It’s generally getting hotter, so people are using more air conditioning, stressing electrical grids like never before. The world added an estimated 1 billion air conditioner units since 2005, and w
Elon Musk is lobbying utility companies, the French want to call nuclear "green", and the oceans are getting unexpectedly hot, real fast.
Last year’s smoky skies in San Francisco were scary, but we’ve pretty much inured ourselves to Western wildfires, so a smoke choked New York seems especially frightening
This week and next is the important pre-meeting in Bonn, Germany, where staff meet to determine topics for COP28. And more than anything, money and financial responsibilities seem to be the key topics for this year.
Solar power, along with all forms of electricity, is highly regulated and largely captured by utility companies, who often have more state capital lobbyists than anyone else.
In theory, carbon offsets create a market economy for firms that help the environment, while allowing companies that are bad at the environment but good at making money to keep doing what they do best.
A recent California state study found that to keep up with electricity demand from an expected 13.5 million EVs, the state will need to add $50 billion of grid upgrades by 2035 to keep up.
Fracking is pretty straightforward. You drill two holes about a mile or two down, pump in some slurry through one hole, and then capture the oil and methane gas that comes out of the other hole. It turns out, geothermal energy, a carbon neutral method of
Only two nuclear plants have opened since 2000, and since then 13 others have been shuttered. Of course nuclear power creates radioactive waste that lasts 10,000 years, that’s kind of a problem.
Earlier this morning the U.S. Environmental Protection Agency unveiled draft rules that would push all existing coal-fired plants in the U.S. by 2040 to either close, shift to cleaner fuel or capture their carbon dioxide emissions at the smokestack.
After China, India has the second largest coal-fired base of electricity, with an additional 28 gigawatts of capacity under construction or in planning stages. But Reuters reports the country’s cabinet has voted to cap future coal power generation once
For any new skill or project, the beginner launches in, brimming with confidence. But inevitably, they discover that really, they don’t know anything.
Although hurricane season is over, the Louisiana and Florida homeowner’s insurance markets are an ongoing disaster, with over a dozen insurance companies going insolvent in the two states.
California, as it tends to do, is surging ahead of the country by banning sales of new diesel big rigs by 2036, by requiring all trucks to be zero emissions by 2042, and all new locomotives operating in the state to be zero emissions by 2035.
EV prices are dropping in the U.S., while solar installation breakeven times are taking longer.