QUICK NEWS, December 6: Sliver Of Hope? Al Gore In Climate Change Meet With Donald Trump; The Opportunity In New Energy; Google Seizing New Energy Opportunity
Sliver Of Hope? Al Gore In Climate Change Meet With Donald Trump Donald Trump meets with Al Gore on climate change
Tal Kopan, December 5, 2016 (CNN)
“President-elect Donald Trump met on Monday with Al Gore -- one of the most vocal advocates of fighting climate change…[After his meeting with Ivanka Trump, the President-elect's daughter, about climate issues, Gore] met with Trump himself…[Gore called the meeting] ‘lengthy and very productive…[and] a sincere search for areas of common ground.’…Many Republicans are critical of the strong scientific consensus that human activities are exacerbating global climate change, potentially threatening millions of people and their ways of life. Gore has been one of the most outspoken advocates for raising awareness about the dangers of climate change…[The President-elect has now] denied saying global warming was a Chinese hoax…[and more recently said there is ‘some connectivity’ between climate change and] carbon dioxide produced by humans…” click here for more
The Opportunity In New Energy Business Leaders: Electrify the U.S. Economy to Reduce Climate Change Risks; Clean energy a major private sector investment opportunity say Bloomberg, Paulson, and Steyer
December 6, 2016 (Risky Business)
“Reducing the risk posed by climate change is both economically and technically achievable, according to From Risk to Return: Investing in a Clean Energy Economy by the Risky Business Project, and would create significant new opportunities for American business…[The new report] finds that an average of $320 billion a year in private sector investment is needed through 2050 to build a clean energy economy and achieve the emissions reductions necessary to avoid the worst economic impacts of climate change. These necessary investments would be similar in scale to other major recent investments made by American business, including in computers and software at $350 billion per year over the past decade. Investments in clean energy could yield on average up to $366 billion in savings per year from reductions in spending on fossil fuels…The country would gain 1.3 million new jobs by 2050, with utilities, construction, and manufacturing seeing the largest gains. But 270,000 jobs would be lost in coal mining, oil, and gas related jobs, primarily in Southern and Mountain states…” click here for more
Google Seizing New Energy Opportunity Google Says It Will Run Entirely on Renewable Energy in 2017
Quentin Hardy, December 6, 2017 (NY Times)
“Last year, Google consumed as much energy as the city of San Francisco. Next year, it said, all of that energy will come from wind farms and solar panels…Like almost any company, Google gets power from a power company, which operates an energy grid typically supplied by a number of sources, including hydroelectric dams, natural gas, coal and wind power…[Over the last decade, with relatively little fanfare, Google has participated in a number of large-scale deals with renewable producers, typically guaranteeing to buy the energy they produce with their wind turbines and solar cells. With those guarantees, wind companies can obtain bank financing to build more turbines…The power created by the renewables is plugged into the utility grid, so that Google’s usage presents no net consumption of fossil fuels and the pool of electricity gets a relatively larger share of renewable sources…[Whether Google is the largest buyer of renewables would be difficult to verify, but there is no doubt its] large computer complexes, along with similar global operations by Amazon and Microsoft, are among the world’s fastest-growing new consumers of electricity…” click here for more
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