BNEF: Plummeting renewables costs give solar and wind cost parity in key markets

James Murray, Business Green, 29 October 2019 Analyst confirms new wind and solar plants now at cost parity with wholesale prices in California, China, and parts of Europe New wind and solar plants are now cheaper than new coal and gas plants in countries than cover two thirds of the global population and are capable of undercutting wholesale power prices …

It’s now cheaper to build new renewables than it is to build natural gas plants

9.11.19, WORLD CHANGING IDEAS, It’s now cheaper to build new renewables than it is to build natural gas plants People could save $29 billion on their electric bills if utilities built new clean energy instead of new natural gas plants. BY ADELE PETERS, Fast Company 2 MINUTE READ Clean energy has reached a tipping point: It’s now cheaper to build and use …

Low-Carbon Cities Are a $24 Trillion Opportunity

Researchers found that investing in 16 low-carbon measures in cities could cut global urban emissions by 90% by 2050 and has a net present value of almost $24 trillion, equivalent to nearly one-third of the global GDP in 2018. This means that between now and 2050, the total benefits of these investments will exceed their total costs by almost $24 …

Nuclear industry report says nuclear energy is too slow, too expensive to save climate

Reuters, 23 Sept 2019 by Marton Dunai, Geert De Clercq BUDAPEST/PARIS (Reuters) – Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said. In mid-2019, new wind and solar generators competed efficiently against even existing nuclear power plants …

Surprise! AAA Survey Finds Large Vehicles Cost More To Own Than Small Vehicles. Also, how to visualize your emissions.

Front Range Cars Release 15 Million Tons of Carbon per Year. Here’s How to Visualize All of It — and Yours. Picture a cube measuring 27 feet on each side according to the United Nations. That’s roughly three stories high. In 2009, artists created the first “climate cube,” a life-size sculpture displayed at the UN Climate Change Conference in Copenhagen (video). The …

What is equitable and cost-effective investment in transportation? How is that changing?

Moving forward, MassDOT plans to target certain bottlenecks while taking a more active role in managing how the roads operate, clearing crashes more quickly, and working to improve people’s travel options throughout the state. New construction and technological solutions will help, but the agency will also evaluate smart pricing strategies in the most congested areas. Rail, bus, and other commuter …

Can we reach 100% renewable energy in time to avert climate catastrophe? So far the only consensus is that we need to do it.

Renewables can and be scaled up in time to meet the world’s energy demands across the three main sectors (electricity, heating and transportation). Renewables in the transportation and heating sectors will have to expand in the next few years if the worst impacts from climate change are to be avoided. Delucchi’s recent cost analysis of clean energy systems didn’t include options like …

Climate change could cost the U.S. 10.5% of its GDP by 2100, study finds

Seattle passed a 12 page GND resolution. It affirms a federal GND and calls for the government to enact policies. The hard part will be financing it at the city and state level. It’s been exciting to watch frontline communities and others working out the details. They are now creating an oversight committee that will work out even more details. …

Rooftop solar energy brings a wide variety of benefits to the grid and to society

Frontier Group, Aug 2019, excerpt Many value-of-solar studies, however – especially those conducted by electric utilities – have left out key benefits of solar energy. Policymakers and members of the public who consult these studies may be left with a false impression of solar energy’s value to the grid and society, with damaging results for public policy. To make decisions …

US spends $81 billion a year to protect global oil supplies, report estimates

CNBC SEP 21 2018 Tom DiChristopher The United States spends about $81 billion a year to protect oil supplies around the world, according to an estimate by Securing America’s Future Energy. SAFE released its study the same day President Donald Trump claimed Middle Eastern countries are hiking oil prices while benefiting from U.S. protection. Retired military commanders associated with SAFE say …