As multiple Texas coal plants wind down operations, U.S. Energy Secretary Rick Perry is pushing a widely decried proposal to subsidize coal and nuclear plants in the name of grid resiliency. Texas Tribune, Texas.
Our climate economics page
Top stories we've found on the intersection of climate & economics.
California may be a leader in climate policies, but much of its abundant oil reserves are nearly as carbon-intensive to extract and refine as Alberta tar sands crude. Many experts now say that reform of the state’s methods of producing oil is long overdue. Yale Environment 360.
Following the second bout of deadly forest fires this year, seven children are preparing to sue for stronger climate action through the European Court of Human Rights. Climate Home.
The California Department of Insurance said on Thursday its preliminary estimate for insured wildfire losses was $1.05 billion, based on claims received by the state’s eight largest insurers, adding that the numbers are expected to rise. Reuters.
Critics say it will make it harder for Australia to meet its climate goals and dent jobs in the industry. Sydney Morning Herald, Australia.
As the blazes continue, they pose risks to businesses that account for the majority of Napa County’s economic output and employ almost half its workers. The Atlantic.
Utility customers in Ohio and Nebraska are among those taking advantage of a new and simpler technique for connecting solar arrays and other renewable energy systems to the grid. Midwest Energy News, United States.
Eco-thriller Geostorm, with Gerard Butler as a weather-busting scientist, is the latest movie to battle the environment. The Guardian.
EU lawmakers and member states have agreed ways to safeguard the carbon market if Britain leaves the emissions trading scheme as a result of Brexit. Reuters.
Some — but not all — southeast Texans could see property tax breaks after the hurricane damaged their homes. The inequity has reignited intra-GOP tensions from earlier this year over disaster-related property tax re-assessments. Texas Tribune, Texas.
A group of 22 members of the U.S. House of Representatives asked the Environmental Protection Agency in a letter on Thursday not to lower some requirements for mixing biofuels into the country’s fuel supply, but also not to let ethanol exports qualify for renewable fuel credits. Reuters.
Lack of energy access presents a formidable challenge to Africa and lack of access to financing has been singled out as the biggest reason why over 620 million people living on the continent are stuck in energy poverty. Inter Press Service.
Future trade deals in the US, and around the world, must explicitly assure that trade and profit do not override climate policy. Mongabay.
Fiji will issue a $50 million “green” bond in coming weeks to help combat the effects of global climate change, the first developing country to do so, its prime minister said on Wednesday. Reuters.
Engineering a solution to the rising tides will be enormously expensive. Which is why the city thinks someone else should pay for it. Like, say, Big Petroleum. Wired.
The Turnbull government's new national energy guarantee could introduce a de facto carbon price, measuring the cost of emissions for the first time since the Abbott government scrapped the carbon tax in 2014. Sydney Morning Herald, Australia.
Hurricane Maria has exposed and intensified the island’s ecological crisis and its human consequences. Can it build a sustainable future? The Atlantic.
The Gaza Strip will have three new solar energy plants operating by April, the U.S.-based energy firm behind the project said on Tuesday. Reuters.
The Caisse de dépôt et placement du Québec is setting bold targets to shelter its portfolio against the impact of climate change. Globe and Mail, Ontario.
The Turnbull government’s national energy guarantee has “remarkable underlying similarities” to an emissions intensity scheme in the electricity sector, according to the Labor industry spokesman, Kim Carr. The Guardian.
Consumers have spent about 190 billion euros on sources like wind and solar, which account for about one-third of the country’s electric power. New York Times.
World petrol demand will peak within 13 years thanks to the impact of electric cars and more efficient engines, energy experts have predicted. The Guardian.
Electric cars won’t eradicate gridlocks and air pollution, but carbon footprints could be cut by favouring pedestrians, cyclists and mass transit. The Guardian.
Paris authorities plan to banish all petrol- and diesel-fueled cars from the world’s most visited city by 2030, Paris City Hall said on Thursday. Reuters.
Melbourne Age, Australia.
Even if emissions are stabilised through international agreements, the worst effects of global warming have yet to be experienced. more…
EPA Director Scott Pruitt achieved a long-sought personal victory last week when he signed a measure to begin the process of repealing the Clean Power Plan, a 2015 measure aimed at reducing carbon dioxide emissions. more…
Ending goals to cut emissions from coal-fired power plants will be the most serious blow to President Obama’s legacy on global warming. more…
As top automakers commit to take on climate change, industry lobbyists are undermining fuel economy and emissions standards. more…
There can no longer be any doubt that man-made, worldwide climate change is greatly affecting California and will affect it much more in the next half century unless there’s major action. more…
The Carmichael coal mine was once pitched as a choice between jobs and the environment. So where are the jobs? more…