QUICK NEWS, November 13: This Is What It Looks Like; Astonishing Things About New Energy, Part 1
This Is What It Looks Like Take A Good Look, America. This Is What The Reckoning Looks Like
Matt Simon, November 13, 2018 (Wired)
“…[The fable is not true that a frog put into cold water won’t notice the water being brought to a boil before it’s too late, but apparently humans are not that smart…[Northern California’s] Camp Fire is only 25 percent contained, yet it is already by far the deadliest and most destructive in state history…[It has] killed 42 and destroyed nearly 7,200 structures…[Southern California’s] Woolsey Fire has scorched over 90,000 acres and leveled at least 370 structures…[This devastation] is ultimately a product of a warming world. The climate change reckoning is here. This is what inaction looks like…
…[It is not immediately observable that] Inuit peoples in northern Canada have less of the ice they rely on to hunt, coral reefs are buckling under the weight of warming and acidifying waters, climate change is making hurricanes worse…[but it is clear] California is burning…The contribution of climate change is] obvious in the data…California is already very dry due to lack of rainfall. That means parched vegetation, which means lots of fuel for fires. But as temperatures climb, the atmosphere further dehydrates vegetation…[The Camp Fire] conflagration overwhelmed the 27,000-person town of Paradise…Climate change isn’t the only factor…[but the] climate change reckoning is here, and we are all mere fabled frogs…” click here for more
Astonishing Things About New Energy, Part 1 5 Hard-to-Believe Renewable Energy Facts; Renewable energy from wind and solar went from impossibly expensive to nearly 10% of American electricity in less than 20 years. What's ahead may be even more astounding.
Maxx Chatsko, November 11, 2018 (The Motley Fool)
“…The United States is on pace to generate 275 terawatt-hours of electricity from onshore wind power in 2018, compared to just 5.6 terawatt-hours in 2000. That amounts to a whopping 4,810% increase since the turn of the century. By comparison, the S&P 500 has gained 168% in that span with dividends (and two brutal recessions) included. Therefore, it shouldn't be surprising that some of the best-performing stocks in that span belong to businesses that went all-in on the future of wind power…
NextEra Energy stock has delivered a total return (share performance plus dividends) of 1,430%...Even shares of Xcel Energy, which only began investing heavily in renewable energy in the last decade, have put up a total return of 477%...[They have nearly 21,000 megawatts of installed wind capacity combined…[and have been pivotal] in increasing wind power's share of nationwide electricity generation to nearly 7%...” click here for more
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