Headline News:
- “Getting Renewable Energy Connected” • There are about 1,300 GW of new energy resources, primarily renewables and storage, waiting to connect to power grids across the US. That’s more than the combined output of all power plants operating in the country today. The Federal Energy Regulatory Commission blames the backlog on old rules. [NRDC]
Wind turbines (Filipe Resmini, Unsplash)
- “Rich Countries Are Trying To Hit Pause On Climate Summit’s Key Issue” • At the UN’s COP27 climate summit, the United States, the European Union and the United Kingdom are united against establishing a new fund this year to help the world’s developing nations – which have contributed little to the climate crisis – recover from climate disasters. [CNN]
- “Small Firms Have A Big Role Fighting Climate Change” • In the US, small businesses make up 99% companies. They employ nearly half of the American workforce. But their sheer numbers make it tough to regulate them. Focusing on supply chains can make it easier to engage with small businesses, unlocking billions in emissions savings. [BBC]
- “Maritime Sector And Green Hydrogen Leaders Agree On Ambitious Targets” • Leading organizations and initiatives across the shipping value chain, joined by the largest green hydrogen producers, signed a statement committing to rapid production and use of low-carbon fuels based on green hydrogen for global shipping decarbonization. [CleanTechnica]
- “Wealthy Nations Ink $20 Billion Deal To Move Indonesia Off Coal” • A group of wealthy countries secured an agreement with Indonesia to shift the major emitter’s power generation from coal to clean energy. The $20 billion deal financed by financial institutions and governments would be one of the largest public investments to close fossil fuel plants. [E&E News]
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