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Concentration of CO2 in the Atmosphere

May 7 Green Energy News

Headline News:

  • A recent report shows that renewable energy adoption is growing in the world’s emerging economies nearly twice as fast as in industrialized nations. Not only can renewable energy technologies now compete with fossil fuels on cost, they are often more reliable, safer, and at times cheaper than grid power. [CleanTechnica]

Less expensive, more reliable, and safer power at an off-grid village.

  • Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, said countries were ahead of schedule in negotiating a global agreement on curbing greenhouse gases that can be adopted at a Paris summit in December. Technology has changed things since a similar effort failed in 2009. [Chippewa Herald]
  • Despite warnings from climate experts, global banks collectively financed $144 billion for coal mining and coal power companies in 2014, compared to $145 billion in 2013, according to the annual coal finance report card released today by Rainforest Action Network, BankTrack and the Sierra Club. [Business Green]
  • Exelon is amping up its threat to close three nuclear power plants unless it gets government help. The company says it’s not a bailout and instead argues it’s trying to level the playing field. Illinois already gives some incentives for renewable sources and nuclear proponents say nuclear power deserves that. [Peoria Public Radio]
  • Hawaii looks set to be the first US state to put a firm use-by date on carbon intensive energy generation. The new compromise bill sets targets of 30% renewables in 2020, 70% by 2030 and 100% renewables by 2045. It has passed in the legislature, and is now just awaiting Governor David Ige’s signature. [Energy Matters]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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