NewEnergyNews: The Global Economy, Climate, And The Coming Crisis

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The U.S. Power Sector Right Now
  • QUICK NEWS, January 14: Cliches Changed By Global Weirding; Coal Country Facing The Change
  • THE DAY BEFORE

  • Weekend Video: What Is A Green New Deal?
  • Weekend Video: Climate Change In The Heartlands
  • Weekend Video: Elon Musk Offers A New Energy Answer
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The State Of The Global Climate Fight
  • FRIDAY WORLD HEADLINE-Signs Of New Energy’s Triumph
  • FRIDAY WORLD HEADLINE-Germany Reaches 40% New Energy
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, January 10:

  • TTTA Thursday-Seeing Climate Change Coming
  • TTTA Thursday-Floatovoltaics Can Serve
  • TTTA Thursday-Texas As A New Energy Paradigm
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: As California customer choice expands, are reliability and affordability at risk?
  • ORIGINAL REPORTING: New investor-backed campaign targets a trillion dollars for US renewables
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • TODAY AT NewEnergyNews, January 15:

  • TODAY’S STUDY: The Compelling Case For Transportation Electrification
  • QUICK NEWS, January 15: A Plan To Attack Climate Change; New Energy Is Reshaping The Power System

    Friday, October 12, 2018

    The Global Economy, Climate, And The Coming Crisis

    Climate change will make the next global crash the worst; The storm clouds are gathering, but the world’s economies now have far fewer shelters from disaster than they did in 1929

    Larry Elliott, 11 October 2018 (UK Guardian)

    “…[At almost the same time the IMF issued a warning about trouble ahead for the global economy, the UN intergovernmental panel on climate change (IPCC)] said the world had only a dozen years left to take the steps necessary to prevent a global warming catastrophe…[The message is: Get ready for combined economic failure and] ecological breakdown…For the past 10 years, the world economy has been surviving on a diet of low interest rates and money creation by central banks, but that stimulus is now being gradually withdrawn…[The price of crude oil] is heading steadily towards $100 a barrel. Every big recession in the global economy has been prefigured by a jump in the cost of crude…But the threat posed by global warming means the current crisis of capitalism is more acute than that of the 1930s, because all that was really required then was a boost to growth…

    …[Some think the solution is] carbon-free growth, made possible by the dramatic fall in the cost of renewable energy…[A]lmost all politicians pay lip service to green growth. But then they act in ways that make achieving global warming targets harder – by building new roads and expanding airports…This is called a balanced approach…[But if the IPCC timeline is right,] speeding up the transition from fossil fuels to renewables is vital…[One of the winners of this year’s Nobel prize for economics says it can be done,] if policymakers get serious about a carbon tax set high enough to price oil, coal and gas out of the market…[But] the response to climate change looks similar to the response to the financial crisis: fail to recognise there is a problem until it is too late; panic; then muddle through…” click here for more

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