World Council for Renewable Energy
#EnergyRevolutionNow
World Council for Renewable Energy
#EnergyRevolutionNow
Unlike the financial crisis, bubbles from renewable energy valuations that are far too high can be useful. Greg Ip describes why the enormous profitability of green funds can contribute to the energy transition itself.
So far, the continent has not been able to agree on a reduction of carbon emissions by 2050. Under European pressure, however, the coal-fired country is slowly buckling. Read more by Daniel Hurst and Graham Readfearn in the Guardian.
Although it is not clear whether oil production will actually increase as a result of the development of new portions of the ,,Arctic National Wildlife Refuge," the Trump administration released large portions of the Alaskan refuge for leasing under simplified standards. Just how drastic Trump's latest official actions are on behalf of the oil industry is described by Yereth Rosen
According to the article by Rob Verdonck, disused coal mines could be converted into pumped hydro storage power plants. The Australian Renewable Energy Agency's pilot project is expected to be applied to dozens of mines to be phased out in the next few decades if successful.
The small Japanese lender, Shiga Bank, is promoting green finance, steering against Japan's megabanks, which are among the largest lenders to the global coal industry. Find out how the regional bank is upending Japan's fossil fuel lending industry at Reuters.