The $640 billion investment in coal power capacity worldwide is at risk because it is less expensive to generate electricity from wind and solar power

March 2020 – A new report shows that investments in coal plants may be a waste of money as renewables are cheaper than new coal plants, according to new research from the financial think tank Carbon Tracker Initiative. The new research, released today, shows that nearly $640 billion of investment in coal power capacity worldwide is at risk because it is less expensive to generate …

Honolulu’s lawsuit for damages cites oil and gas industry’s concealing of science that predicted catastrophic consequences for the continued burning of fossil fuels

David Hasemyer, MAR 10, 2020, Inside Climate News Honolulu city officials, lashing out at the fossil fuel industry in a climate change lawsuit filed Monday, accused oil producers of concealing the dangers that greenhouse gas emissions from petroleum products would create, while reaping billions in profits.  The lawsuit, against eight oil companies, says climate change already is having damaging effects …

Trees cool air, slow runoff, and boost students and public health. Should trees be seen as a public utility which all must be able to access?

Benefits of trees include slowing stormwater runoff, cooling air temperatures, and even boosting student achievement and public health. Trees capture more than a third of rainfall, according to the U.S. Environmental Protection Agency (EPA), easing the strain on flooding and stormwater infrastructure. Their shade helps lower energy use by nearly half, according to the EPA, while reducing carbon emissions by …

Fossil fuel pollution from gas, coal and oil causes 3x the number of deaths as road traffic accidents globally and costs the economy $8bn a day, particularly harming children

Burning gas, coal and oil costs global economy $8bn a day and particularly harms children. By Matthew Taylor Tue 11 Feb 2020 Air pollution from burning fossil fuels is responsible for more than 4m premature deaths around the world each year and costs the global economy about $8bn a day, according to a study. The report, from Greenpeace Southeast Asia and …

Living near major roads linked to risk of dementia, Parkinson’s, Alzheimer’s and MS

Date:January 23, 2020, University of British Columbia, in Science News Summary: Living near major roads or highways is linked to higher incidence of dementia, Parkinson’s disease, Alzheimer’s disease and multiple sclerosis (MS), suggests new research. Living near major roads or highways is linked to higher incidence of dementia, Parkinson’s disease, Alzheimer’s disease and multiple sclerosis (MS), suggests new research published …

Our Climate as an Infrastructure Asset

January 16, 2020  |  By RMI Oriana Tannenbaum and Rushad Nanavatty Our climate is getting plenty of attention, but we don’t often view it as infrastructure. We should. The global climate comprises an essential and massive part of the natural systems that form the foundation for our world and our society. Our economy is built on assumptions about climate stability. Our real …

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 …