- “World Heading For 2.5°C Global Warming” • The world is on a 2.5°C warming trajectory according to Wood Mackenzie’s Energy Transition Outlook report. If transformative action is not taken now, the Paris Agreement goal to limit the average temperature increase to below 1.5°C will very likely be missed, the report concluded. [reNews]
- “Kroll Study Shows Stronger Investment Returns For Firms With High ESG Ratings” • Kroll, an independent global risk and financial advisor, analyzed data on over 13,000 companies across industries around the globe and found that companies with high Environmental, Social, and Governance ratings outperformed those with lower ratings. [Kroll]
- “Utilities In New Hampshire Unexpectedly Back Solar Net Metering” • Eversource, Unitil, and Liberty Utilities surprised clean-energy advocates with joint testimony to state regulators endorsing the state’s current net-metering structure. The system credits customers roughly 75% of the standard rate for electricity they send to the grid. [Canary Media]
- “First Solar And Longroad Energy Extend Partnership With 2-GW Module Order” • In a significant development for renewable energy, Longroad Energy, a prominent US-based renewable energy developer, has extended its collaboration with First Solar, Inc and increased its procurement of advanced US thin film solar modules by 2 GW. [SolarQuarter]
- “What We Know About The Floods That Killed Thousands In Libya” • Over 6,000 people have died as of Wednesday morning, according to the health ministry undersecretary of the Unity Government in Tripoli, one of two rival governments operating in the country. Storm Daniel caused floods that broke two dams, destroying much of the city of Derna. [CNN]
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