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

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE DAY BEFORE

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Climate Change Gourmet
  • FRIDAY WORLD HEADLINE-UK Study Says Yes To Solar-Powered Electric Trains
  • FRIDAY WORLD HEADLINE-First Aussie Ocean Wind Project Gets $8BIL Funding
  • FRIDAY WORLD HEADLINE-EU Solar Goes Digital To Open New Services
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, December 7:

  • TTTA Thursday-City Mayors Unite To Fight Climate Change
  • TTTA Thursday-New Energy And Big Oil Unite Against Subsidies For Coal And Nuclear
  • TTTA Thursday-California Would Sell Only EVs After 2040
  • TTTA Thursday-Utilities In A Time Of Solar
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: California Grid Users Collaborate to Streamline Communication Systems
  • ORIGINAL REPORTING: How To Get The Big Benefits Of Grid-Integrated Water Heaters
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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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  • TODAY AT NewEnergyNews, December 12:

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy

    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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