- “Clean Energy Is Surging, but Not Fast Enough to Solve Global Warming” • Over the next two decades, the world’s energy system will undergo a huge transformation. But there’s a catch: The global march toward clean energy still isn’t happening fast enough to avoid dangerous global warming, the International Energy Agency warns. [WRAL.com]
- “Whoo-Hoo! Lazard’s Levelized Cost of Energy Version 12.0 Is Here!” • Way ahead of the time fossil fuels were to be stranded assets due to climate change, the plants that are using them are rapidly becoming stranded assets themselves, because of renewable competition. Fossil fuels will have no market. Neither will nuclear fuel. [CleanTechnica]
- “Elon Musk Slams Climate Skeptics amid California Fires: ‘It Will Get Worse'” • Elon Musk criticized climate change skeptics on Twitter, as wildfires spreading across California led to outcry from scientists. He said in his tweets, “Betting that science is wrong & oil companies are right is the dumbest experiment in history by far.” [Inverse]
- “Coal Dumped as IEA Turns to Wind and Solar to Solve Climate Challenge” • One of the most conservative energy institutions, the International Energy Agency, has effectively abandoned the thermal coal industry, saying coal generation has to be drastically scaled down for the world to have any hope of addressing climate change. [RenewEconomy]
- “US Realtor Eyes Offshore Hub” • US real estate developer Commercial Development Company wants to reposition a former Massachusetts coal-burning power plant as a logistics port, manufacturing hub and support centre for the offshore wind energy sector. It has been renamed as the Brayton Point Commerce Center. [reNEWS]
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