June 4 Green Energy News

Headline News:

“Solar Power Could Generate 54 Times More Profits Than Palm Oil: Maybank” • Large-scale solar ventures will allow palm oil producers to generate up to 54 times more operating profits per hectare compared to oil palm, Maybank Investment Bank said. One plantation has already made its renewable energy ambition public with a 1-GW capacity target. [The Edge Malaysia]

Palm oil plantation in Malaysia (Craig, public domain)

“Great British Energy To Close Door On Putin” • The leader of the Labour Party, Sir Keir Starmer, is to warn of the national security threat to Britain that comes with the nation’s continued dependence on energy from rogue foreign states. His position is that with Labour, Britain will close the door on overseas fossil fuel dependency. [reNews]
“Flower Turbines And The Potential Of Small-Scale Wind” • One major difference between the large wind turbines and those that could be used in a city is the type of turbine. The small, vertical axis wind turbines such as those Flower Turbines makes can produce energy efficiently and can be used on city buildings as well as residences. [CleanTechnica]
“Renewables Plans Must Match COP28 Goal” • An International Energy Agency’s report, “COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap”, found very few countries have 2030 targets for installed capacity in the Nationally Determined Contributions, under the Paris Agreement. [reNews]
“US Industrial Natural Gas Consumers Could See 56% Higher Bills With Methane Leak Price” • Remarkably, in 2022 the USA managed to get a greenhouse gas price through Congress. It was not on carbon dioxide, but rather on methane, our number two greenhouse gas problem. It is put explicitly on gas produced by the oil and gas industry. [CleanTechnica]

Green Energy Times