QUICK NEWS, September 29: THE ONLY CLIMATE CHANGE DENYING PARTY IN THE WORLD; BARRIERS TO APPLE’S EV; HUGE BOOM DUE IN NEW ENERGY STORAGE
THE ONLY CLIMATE CHANGE DENYING PARTY IN THE WORLD Why Are Republicans the Only Climate-Science-Denying Party in the World?
Jonathan Chait, September 27, 2015 (New York Magazine)
“…Of all the major conservative parties in the democratic world, the Republican Party stands alone in its denial of the legitimacy of climate science. Indeed, the Republican Party stands alone in its conviction that no national or international response to climate change is needed. To the extent that the party is divided on the issue, the gap separates candidates who openly dismiss climate science as a hoax, and those who, shying away from the political risks of blatant ignorance, instead couch their stance in the alleged impossibility of international action…[Sondre Båtstrand’s new paper] studies the climate-change positions of electoral manifestos for the conservative parties in nine democracies, and finds the GOP truly stands apart…[T]he influence of the fossil-fuel industry alone cannot explain the right’s brick-wall opposition…Nor can a fealty to free-market theory…It is the nature of long-standing arrangements to dull our sense of the peculiar, to make the bizarre seem ordinary. From a global standpoint, the entire Republican Party has lost its collective mind.” click here for more
BARRIERS TO APPLE’S EV 3 Hurdles for Apple Inc's Electric Car; Apple may be working on its own car, but it won't come without some major challenges.
Chris Neiger, September 28, 2015 (The Motley Fool)
“Rumors of Apple's alleged electric car are on the rise…[A launch date of 2019 was recently reported]. But the road to an Apple Car release may be a long and arduous one…While Apple has enjoyed high margins on its devices, the automotive industry is not so lucrative. Even luxury automaker Porsche's operating profit percentages fall far below Apple's. And then there's the long product cycle development of autos, the strict government safety regulations, and the punishingly slow battery technology improvements…Of course, Apple and its $203 billion in cash could overcome these hurdles, but at this point, it's anything but proven that the iPhone maker can make it in the automotive business…” click here for more
HUGE BOOM DUE IN NEW ENERGY STORAGE Energy Storage for Renewables Integration; Market and Technology Issues, Business Cases, Key Industry Players, and Market Forecasts for Energy Storage Systems for Renewable Energy Integration
3Q 2015 (Navigant Research)
“The fastest-growing renewable energy markets continue to be solar PV and wind…[Increased penetrations of variable] generation present challenges to the electrical grid, which was designed using a centralized model with predictable power flows…[They] can cause distortions in the energy market and instability on the grid…[They also present] opportunities for energy storage systems (ESSs) situated either at the distribution grid or behind the meter…While system costs are still one of the biggest barriers to the industry’s growth, declining prices and a flood of new systems integrators are opening up new use cases and geographic markets. According to Navigant Research, global new installed energy storage systems for renewable energy integration (ESRI) power capacity is expected to grow from 196.2 MW in 2015 to 12.7 GW in 2025…” click here for more
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