NewEnergyNews: QUICK NEWS, May 13: CO2 Passes 415 PPM, Accelerating Crisis; Solar Loans Take Lead Over Leasing

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 the climate crisis 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

  • FRIDAY WORLD HEADLINE-Why It Is A Crisis
  • FRIDAY WORLD HEADLINE-New Energy’s Low Cost Is Taking The Market
  • FRIDAY WORLD HEADLINE-New Energy Is A Better And Better Buy
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, September 19:

  • TTTA Thursday-Youth Strike Demands Climate Action, New Energy
  • TTTA Thursday-Attitudes On Climate Shifting
  • TTTA Thursday-Solar's New Surge
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: The Potential In Utilities Buying DER Providers
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The Benefits Of Ocean Wind In California
  • QUICK NEWS, September 17: History’s Moment – The Time To Fight; Transportation Electrification Faces Off Against Oil
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: The Public Health Benefits Of New Energy
  • QUICK NEWS, September 16: Things A President Who Cared Would Do About Climate; EVs Moving The Car Market
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    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

    -------------------

    -------------------

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

    -------------------

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

  • ---------------
  • WEEKEND VIDEOS, September 21-22:

  • Weekend Video: From The Climate Strike: “This Thing Is Real”
  • Weekend Video: “This Is Not A Drill” – Greta
  • Weekend Video: The Green New Deal In 60 Seconds

    Monday, May 13, 2019

    QUICK NEWS, May 13: CO2 Passes 415 PPM, Accelerating Crisis; Solar Loans Take Lead Over Leasing

    CO2 Passes 415 PPM, Accelerating Crisis Climate crisis: CO2 levels rise to highest point since evolution of humans; ‘We don’t know a planet like this’

    Harry Cockburn, May 13, 2019 (UK Independent)

    “Levels of the damaging greenhouse gas carbon dioxide have reached an alarming new milestone at the world’s oldest measuring station in Hawaii…The Mauna Loa observatory, which has measured the parts per million (PPM) of CO2 in the atmosphere since 1958, took a reading of 415.26ppm in the air on 11 May – thought to be the highest concentration since humans evolved…[Mauna Loa, on Hawaii’s largest volcano, tests air quality on the remote Pacific islands because it is far from continents and pollution, while the area lacks vegetation, which can interfere with results…The 1958 readings showed the concentration of CO2 was 313 ppm in March 1958…

    …[This is reportedly the first time in human history earth’s] atmosphere has had more than 415ppm CO2… ‘We don’t know a planet like this,’ [meteorologist Eric Holthouse said of the reading. The] last time CO2 concentrations were this high was during the mid pliocene epoch 2.5 – 5 million years ago…During this period, global temperatures were 2 – 3C higher than they are today, global sea levels were at least 25 metres higher, and sea ice at the Arctic had retreated and given way to forests, where summer temperatures regularly reached 15C…” click here for more

    Solar Loans Take Lead Over Leasing US residential solar finance update: H1 2019

    May 2019 (Wood Mackenzie)

    “…Solar loans now claim a 45 percent share of the residential market, while third-party ownership (TPO) has fallen to its lowest point since 2011 at a 33 percent market share…[and] Mosaic maintained its position as the top solar loan provider last year, claiming a quarter of the loan market…[The ITC stepdown is expected to] give TPO providers an edge in the early 2020s and likely foster increasing competition in the solar loan market as loan structures simplify…Last year’s stagnation in the TPO market can be attributed largely to Tesla’s changing customer acquisition tactics, which led to a decline of overall installation volumes in 2018…The rise of smaller solar installers worked in favor of loan providers in 2018 as those local installers turned to loan providers for consumer financing…

    Other sources of consumer finance are usually unavailable to those installers…Strong residential solar growth in Texas and Florida last year also played a part in the relative ascent of solar loans, as third-party-ownership is currently limited in those states…The growing solar loan industry is characterized by very thin margins. Lenders felt pressure to raise prices incrementally last year, with some eliminating low interest products or raising dealer fees. Some solar loan providers are also expanding into verticals such as storage and home improvement where margins may be higher…[Though the elimination of the ITC will boost leasing, solar] loans will also become simpler, enabling traditional commercial banks to offer direct to consumer loans…Dedicated solar loan providers will likely still have a competitive advantage…[because] of large installer networks…” click here for more

    0 Comments:

    Post a Comment

    << Home