June 7 Green Energy News

Headline News:

“Quaise ‘Proof Of Concept’ Demo Goes Live In Texas” • An MIT spinoff known as Quaise, proposes to use microwaves to drill holes deep enough to reach super hot zones as much as 12,000 feet down. Quaise believes there is enough heat below the surface of the Earth to generate virtually all the electricity people might need for millions of years. [CleanTechnica]

Quaise demonstration facility (Quaise image)

“Renewable Energy Helps Keep Alaska Power Affordable. Tax Credits Shouldn’t Be Eliminated” • Federal tax credits make renewable energy projects more economical to build. Right now we need Senator Murkowski’s help in restoring tax credits and other renewable energy provisions that were eliminated by the House of Representatives. [Anchorage Daily News]
“Climate Change Is Causing The Florida Real Estate Market To Tumble” • Climate change has created what many are calling a perfect storm: HOA insurance rate hikes, triggered by extreme weather events and compounded by special assessments to pay for the required Milestone work, have put many condo owners out of the FL real estate market. [CleanTechnica]
“Cities Around The World Are Sinking At ‘Worrying Speed’” • Dozens of coastal areas are sinking at a worrying speed, a study by Nanyang Technological University in Singapore shows. The team studied subsidence at 48 coastal cities, in places that are particularly vulnerable to a combination of sinking land and seas that are rising due to climate change. [BBC]
“As UN Climate Talks Loom, Brazil’s Amazon Forest Loses In May An Area Larger Than NYC” • Brazil’s environmental goals suffered a major setback in May as deforestation in the Amazon surged 92% compared to the same month last year, according to official monitoring data. Forest loss reached 960 km² (371 mi²) during the period. [ABC News]

Green Energy Times