NewEnergyNews: THE WORLD’S $1.8 TRIL PROFIT IN NEW ENERGY

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-‘Carbon Ideoologies’ – A Big Warning
  • FRIDAY WORLD HEADLINE-New Energy Is Setting Records In Europe
  • FRIDAY WORLD HEADLINE-China Taking The New Energy Lead
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, July 19:

  • TTTA Thursday-New Energy Cut California’s Emissions
  • TTTA Thursday-New Energy Beyond Its Tax Credits
  • TTTA Thursday-The New Energy Stock To Buy?
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Is cap and trade the climate solution? The jury's still out
  • ORIGINAL REPORTING: Why are the newest distribution system buzzwords 'hosting capacity analysis'?
  • THE DAY BEFORE THAT

  • ALL-STAR GAME DAY STUDY: All Star Air Pollution Data
  • QUICK NEWS, July 17: Offshore Wind Price Competitive With Nuclear; Solar Spreading As New Energy Costs Plummet
  • THE LAST DAY UP HERE

  • TODAY’s STUDY: Making Offshore Wind Work
  • QUICK NEWS, July 16: Baseball, Moneyball, and Climate Change; How Long Will New Energy Need NatGas?
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, July 21-21:

  • Supreme Court Nominee’s Climate Record
  • The Good That Wind Does
  • How Solar Serves The Heartlands

    Friday, October 10, 2014

    THE WORLD’S $1.8 TRIL PROFIT IN NEW ENERGY

    Moving to a Low-Carbon Economy; A low-carbon energy transition can save the global economy trillions over the next 20 years.

    October 2014 (Climate Policy Initiative)

    “…[T]wo reports clearly demonstrate that, with the right policies, a low-carbon energy system consistent with avoiding the most damaging effects of climate change could free up trillions of dollars over the next 20 years to invest in better economic growth…[Moving to a Low Carbon Economy: The Financial Impact of the Low-Carbon Transition] compares the costs of low-carbon electricity and low-carbon transportation systems with current systems…[Moving to a Low Carbon Economy: The Impact of Different Policy Pathways on Fossil Fuel Asset Values] focuses on the risk of losses in the financial value of existing fossil fuel assets (so called ‘asset stranding’). A loss in assets’ value is critical because it constrains governments and businesses’ ability to borrow against them to finance growth and investment, including investment in a low-carbon transition…Governments, rather than private investors and corporations, face the majority of stranding risk…[because they] own 50-70% of global oil, gas, and coal resources, as well as collect taxes and royalties on the portion they do not own…

    “…[G]overnments also control much of the policy that could lead either to asset stranding or financial savings…Transitioning to a low-carbon electricity system would bring the global economy an estimated $1.8 trillion in financial savings between 2015 and 2035…[because] reduced operational costs associated with extracting and transporting coal and gas outweighs increased financing costs for renewable energy and losses in the value of existing fossil fuel assets…” click here for more

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