- “How Airships Could Return To Our Crowded Skies” • The Airlander was created by Hybrid Air Vehicles, founded in 2007. Hybrid airships emit a fraction of the pollution of conventional aircraft. Now, HAV has been given over £1 million ($1.3 million) by the UK government and industry to develop all-electric propulsion producing zero pollution. [BBC]
- “Fed Sees Climate Change Shaping Economy, Policy” • Federal Reserve Governor Lael Brainard said the Fed will need to look at how to keep banks and the financial system resilient amid risks from extreme weather, higher temperatures, rising sea levels, and other effects of increasing levels of greenhouse gases in the atmosphere. [Reuters UK]
- “Fed: $500 Billion In Losses Show Economic Threat of Climate Change” • A Fed official warned risk managers not to ignore climate change. “The US economy has experienced more than $500 billion in direct losses over the last five years due to climate and weather-related events,” Federal Reserve Bank of New York Executive Vice President Kevin Stiroh said. [Newsmax]
- “EU Finance Ministers Call For End To Fossil Fuel Funding” • The EU’s finance ministers urged the European Investment Bank and other international lending institutions, to halt their funding for oil, gas, and coal projects in a push to address climate change. It is the first time European finance ministers have taken such a stand. [Taiwan News]
- “Europe ‘On Track’ For 53% Renewable Power By 2030 Despite Country Gaps” • A mix of policy and economics puts Europe in a solid position to source more than half of its power supply from renewables by 2030, even though not all countries will reach their targets equally as fast, according to analysis from Wood Mackenzie. [PV-Tech]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.