NewEnergyNews: QUICK NEWS, April 18: The War Between Wall Street And Solar; New Energy To Power Healthcare

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    Tuesday, April 18, 2017

    QUICK NEWS, April 18: The War Between Wall Street And Solar; New Energy To Power Healthcare

    Study Puts 10-Year Timer On Climate Change Study: 10 Yrs. to Stop Climate Damage or Else! (as Pruitt Calls for U.S. to ‘Exit’ Paris Accord)

    Julia Travers, April 17, 2017 (EnviroNews)

    “…[I]n stark contrast with the mindset of Trump’s Environmental Protection Agency (EPA) Administrator Scott Pruitt, who on April 13, called for a complete ‘exit’ from the historic Paris Agreement…[a new study urges zero net anthropogenic emissions well before 2040] to assure the attainability of a 1.5°C target by 2100…The U.S., which is the world’s second largest contributor of greenhouse gases after China, committed to reduce emissions by between 26 and 28 percent, below 2005 levels by 2025 [in the Paris agreement]… The recent climate analysis recommends a reduction in global fossil fuel consumption from 95 percent to less than 25 percent by 2100. The report also takes carbon uptake by plants, oceans and soil into account and calls for a decrease in deforestation…[to get] a 42 percent decrease in emissions by the end of the century…If renewable energy only continues to grow at the current approximate rates of between 2 percent and 3 percent annually, the researchers estimate a 3.5°C global temperature rise by 2100…” click here for more

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    The War Between Wall Street And Solar How Wall Street Once Killed the U.S. Solar Industry… and how it could happen again.

    Robinson Meyer, April 17, 2017 (The Atlantic)

    “…[The global solar industry] is a $65-billion business, and the United States has been involved in it from the beginning…Yet North American firms produce only about 3 percent of the world’s solar panels. China and Taiwan, meanwhile, make more than 60 percent of them…Labor in East Asia is often cheaper…but that’s not the only factor…[Computer chips and solar panels were commercialized before 1980 but] the United States still leads the computer-chip industry, holding more than half of global market share for 20 years…A new paper in Science Advances argues that [enormous market changes in the 1970s and 1980s labeled ‘financialization’ drove firms to financial assets with fast-rising valuations instead of] creating new wealth for the long term…Solar’s too long-term; it’s in direct competition with fossil fuels; and it’s very capital-intensive. There has to be some kind of corporate restructuring for innovation to occur. There has to be some kind of policy that makes a break with the way it is now…” click here for more

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    New Energy To Power Healthcare Partners HealthCare enters into contract with Antrim Wind Energy

    Abby Kessler, April 17, 2017 (Monadnock Leger-Transcript)

    “…[Partners HealthCare will purchase 75 percent of an Antrim Wind Energy] wind facility’s 28.8 MW] capacity once the project is operational…[Construction is expected to begin] this year…The partnership represents the largest direct delivery renewable energy purchase in the northeast by an end user…The contract [with Antrim will enable the construction of the wind farm and] is part of Partners’ plan to become ‘net carbon positive’ by 2025…[The project] will reduce greenhouse gas emissions by 110 million pounds of CO2 per year, or the equivalent of removing 10,000 cars from the road…” click here for more

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