- “Loch Ness Hydro Plant Plans May Bring Hundreds of Jobs and Power Hundreds of Thousands of Homes” • Ambitious plans for an underground hydro plant at Loch Ness, opposite the iconic Urquhart Castle, are going to the Highland Council. The Red John Pumped Storage Hydro Project would have a generating capacity of 400 MW. [Press and Journal]
- “The Doom of Fossil Fuel Investments” • There is very little time to get out of pure-play oil and gas company investments without substantial losses. It is already too late to get out of pure-play coal company investments without substantial losses. Utility companies with heavy reliance on fossil fuels are also in trouble. Here is why. [CleanTechnica]
- “Hope Is Rational – Germany’s Radical Shift to Renewables and Efficiency” • Fossil fuels lobbyists might deny it, but the world is now heading towards a complete decarbonization of the energy system. It might seem daunting or even impossible, but recent innovations and megatrends may make it possible to keep global warming below 2°C. [RenewEconomy]
- “How Ohio can Capture $25 Billion Worth of Clean Energy Growth” • Ohio risks missing out on roughly $25 billion in investments and 20,000 new jobs over the next two decades if state officials don’t take steps soon to expand clean energy, new analysis by Synapse Energy Economics of Cambridge, Massachusetts shows. [Energy News Network]
- “BHP Introduces Mine Rehabilitation, Safety Efforts to Local Regions” • BHP, in making health and safety a priority, has joined forces with Rocky Mountain Institute and Pattern Development to repurpose closed mine sites for renewable energy production in New Mexico and Arizona. The sites are to be developed for PVs and energy storage. [SafeToWork]
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