Headline News:
- “Fossil Fuels Broke The Environment. Who Should Pay To Fix It?” • In his latest blog post on Substack, Bill McKibben wrote that the Vermont legislature is working on an idea that would require companies that produce and distribute fossil fuels to pay for the environmental damage they have caused. (Some people want to make them criminally liable.) [CleanTechnica]
Flooded Montpelier (Vermont Agency of Agriculture via YouTube)
- “TotalEnergies Reaches 1.5-GW PPA Milestone” • TotalEnergies reached over 1500 MW of signed renewable PPAs with over 600 industrial and commercial customers worldwide. Of this 1.5 GW, 1.1 GW is already operating, generating 1.5 TWh of electricity per year, while 400 MW will be commissioned by year-end, the oil and gas giant said. [reNews]
- “Will Earth Hit A Climate ‘Tipping Point?’ Here’s Why Experts Say This Framework Is Problematic” • People talk about tipping points, but experts say even the concept of a tipping point is misleading. One scientist, James Hansen, who played a key early role in raising climate change awareness, describes the phrase as “greatly overused and misused.” [Salon.com]
- “India’s Energy Subsidies Hit 9-Year Peak” • In India, energy subsidies have surged to a nine-year peak, reaching $39.3 billion, amidst the ongoing global crisis. This shows the government’s efforts to cushion the impact of rising energy costs on consumers and industries, while supporting the transition towards cleaner and more sustainable energy. [Construction World]
- “Adani Group To Invest 70% Of Total Investments In Green Energy” • The Adani Group is likely to put over 70% of its total investments towards green energy, including renewable power, green hydrogen, and transmission lines, sources said. It plans to invest $14 billion (₹1.2 lakh crore) in the 2024-25 financial year in energy infrastructure. [India TV News]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
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