QUICK NEWS, November 22: Climate Change Facts Disappear Into Fake News; More On The Solar Bargain; Wind Coming To The South By Wire
Climate Change Facts Disappear Into Fake News Obama Says Fake News Is Impeding Progress on Climate Change; "There was a baseline of facts that we could all work off of. And now we just don't have that."
James Grebey, November 21, 2016
“…[The reckless spread of misinformation caused by the epidemic of fake news on social media could be, according to President Barack Obama, a] major reason why the country can’t come together to combat global climate change…[The President is increasingly concerned] about what fake news is doing to political discourse…[It has recently been revealed that] many sites propagating fake news were actually created by Macedonian teens…[As a result of fake news, the President said,] the left and right aren’t dealing with the same facts…when trying to come together to solve a problem like climate change…[because an] explanation of climate change from a Nobel Prize-winning physicist looks exactly the same on your Facebook page as the denial of climate change by somebody on the Koch brothers payroll. And the capacity to disseminate misinformation, wild conspiracy theories, to paint the opposition in wildly negative light without any rebuttal…[polarizes] the electorate and make it very difficult to have a common conversation…” click here for more
More On The Solar Bargain Solar Energy Is Cheaper Than You Think
Travis Hoium, November 19, 2016 (Motley Fool via Madison.com)
“…[The solar industry faces] a lot of uncertainty…[Post election, stocks like SunPower Corp, First Solar, SolarEdge, and Canadian Solar fell] by double digits…[The Trump] administration won't be as friendly to solar energy, but at this point it may not matter…[Because of progress over the past six years, solar] is rapidly becoming competitive and will be good for jobs, energy security, and businesses…[Driven by President Obama’s SunShot program,] the solar industry has reached most of its 2020 [cost reduction] goals…[and is now] viable for most homeowners…[Utility-scale solar is] lower cost than new fossil fuel generation in some states today, and could compete with wholesale prices by 2030…At the pace cost reductions are taking place, there's no stopping solar energy…[B]y 2030 it'll be the low cost energy source for most of the country. What investors need to see next is developers like First Solar, SunPower, and Canadian Solar winning bids to sell energy to utilities around the country, turning the promise of low cost solar into profitability…” click here for more
Wind Coming To The South By Wire TVA: The Time to Contract for Clean Line’s Wind Power is Now
Allie Brown, November 22, 2016 (Tennessee Valley Authority via Clean Energy)
“…One of the largest renewable energy projects our region has seen will bring huge amounts of cheap wind energy to the South, but utilities like the Tennessee Valley Authority (TVA) must act quickly to make wind power purchase commitments by the end of the year to lock in the lowest cost wind power prices available…The 700-mile Clean Line Plains and Eastern Project is a proposed high voltage direct current (HVDC) transmission line that will deliver 4,000 megawatts of wind energy from the Oklahoma panhandle region…[That power] is four times the output of the Hoover Dam annually…The project is estimated to cost a mere 3 cents per kilowatt-hour. Because there is no fuel cost associated with wind energy, utilities can secure long-term contracts (approximately 20-25 years) and lock in prices…As TVA phases out 18 coal-fired units, Clean Line’s project provides a perfect solution to help fill in the gaps…Critical deadlines regarding the federal production tax credit for wind power are fast approaching…We strongly encourage TVA’s board of directors to immediately contract for at least 1,000 megawatts of wind power on the Plains and Eastern Clean Line…” click here for more
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