QUICK NEWS, October 17: Chemical Mulitnationals Bet on Climate Solutions; World Wind Gets Bigger; SolarReserve Power Plant Possibilities Rising
Chemical Mulitnationals Bet on Climate Solutions How the Chemical Industry Joined the Fight Against Climate Change
Hiroko Tabuchi and Danny Hakim, October 16, 2016 (NY Times)
“It might seem surprising to find the world’s chemical companies on the front lines of preventing climate change, fighting to disrupt their own industries…[But] companies including Honeywell and DuPont were among the most active backers of a move away from [hydroflurocarbons (HFCs)], a profitable chemical that has long been the foundation for the fast-growing air-conditioning and refrigeration business…The companies were driven less by idealism than by intense competition, and a bet that they could create more environmentally friendly alternatives…[and] some environmentalists say the aggressive move…provides a template for other industries…The chemical industry’s response stands in stark contrast to the foot-dragging, and in many cases the outright obstruction of climate regulations, by…the [Exxon Mobil, Chevron and other oil giants’] lobbying against rules to curb greenhouse gases for decades, even though their own researchers have warned of the risks of climate change...Some environmentalists contend that the chemical companies were allowed to have too much input into the HFC deal and that it could have been more ambitious…” click here for more
World Wind Gets Bigger WWEA Half-Year Report: Worldwind Wind Capacity Reached 456 GW
October 10, 2016 (World Wind Energy Association)
"...[The 21 GW of new installations built globally in the first half of 2016 matched the previous year's 1H total [ according to the World Wind Energy Association]...Worldwide wind capacity has reached 456 GW [and is] expected to reach 500 GW by the end of the year...Germany, India and Brazil [led] in market growth...All wind turbines installed worldwide by mid-2016 can generate around 4.7% of the world’s electricity demand...The global wind capacity grew by 5% within six months (after 5.8 % in the same period in 2015 and 5.6 % in 2014) and by 16.1 % on an annual basis (mid-2016 compared with mid-2015)...In the second half of 2016, an additional capacity of over 40 GW is expected to be erected worldwide, which would bring new annual installations to at least 65 GW...The total installed wind capacity is expected to reach 500 GW by the end of 2016." click here for more
SolarReserve Power Plant Possibilities Rising World's Largest Solar Project Would Generate Electricity 24 Hours a Day, Power 1 Million U.S. Homes
Lorraine Chow, October 12, 2016 (EcoWatch)
"The race to build the world's largest solar power plant is heating up...[SolarReserve just proposed] a massive concentrated solar power (CSP) plant in Nevada that [would] be the largest of its kind...[The $5 billion project] would generate between 1,500 and 2,000 megawatts of power, enough to power about 1 million homes...[and] as much as a nuclear power plant, or the 2,000-megawatt Hoover Dam...[The Sandstone installation would require at least 100,000 mirrored heliostats that would capture the sun's heat and concentrate] it onto 10 towers equipped with a molten salt energy storage system. The molten salt, heated to more than 1,000 degrees, then boils water and creates a steam turbine that can drive generators 24/7. Compared to photovoltaic arrays, the appeal of CSP systems is that solar power can be used after sunset...[SolarReserve's revolutionary 110-megawatt Crescent Dunes Solar Energy Plant proved the technology and is now powering Nevada homes..." click here for more
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