NewEnergyNews: QUICK NEWS, July 22: Extinction Rebellion’s ‘Shut It Down’ Climate Crisis Solution; 50% New Energy For U.S. By 2030 Is Doable

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  • TODAY AT NewEnergyNews, October 16:

  • ORIGINAL REPORTING: Securitization fever: Renewables advocates seize a Wall Street way to end coal

    Monday, July 22, 2019

    QUICK NEWS, July 22: Extinction Rebellion’s ‘Shut It Down’ Climate Crisis Solution; 50% New Energy For U.S. By 2030 Is Doable

    Extinction Rebellion’s ‘Shut It Down’ Climate Crisis Solution Does Extinction Rebellion Have the Solution to the Climate Crisis?

    Sam Knight, July 21, 2019 (New Yorker)

    “The success of Extinction Rebellion, a British campaign of civil disobedience aimed at addressing the climate crisis, has been something to behold. In April, the group, which was formally launched only last October, blocked Waterloo Bridge, which spans the Thames, for more than a week. Across London, activists glued themselves to buildings, climbed on trains, chained themselves to company headquarters, and occupied key intersections, leading to some thousand arrests and messages of support from around the world…[By mid July, Extinction Rebellion activists were meeting with Sadiq Khan, the mayor of London, Parliament had declared a climate and environment emergency, and had convened] a citizens’ assembly, made up of a representative sample of the British population, to discuss the climate crisis…

    …Extinction Rebellion claims to have affiliates in more than fifty countries. Last week, three American philanthropists—Trevor Neilson, Rory Kennedy, and Aileen Getty—set up the Climate Emergency Fund to support similar protest organizations, and pledged an initial five hundred thousand pounds… [It is] the brainchild of a small group of experienced British radical activists…[including] Roger Hallam, a fifty-three-year-old organic farmer from Wales, who is also a postgraduate student of theories of social change…[and] Gail Bradbrook, a longtime anti-fracking and tax-avoidance campaigner, who has a Ph.D. in molecular biophysics…[The activists] have the facts on their side…[The U.N. IPCC reported ‘rapid, far-reaching and unprecedented changes in all aspects of society’ are needed, and the next step for X.R. is withholding] their taxes until the government enacts more urgent environmental policies…” click here for more

    50% New Energy For U.S. By 2030 Is Doable NextEra Energy: U.S. Can Hit 50% Renewable Energy by 2030

    Maxx Chatsko, July 20, 2019 (Nasdaq)

    ‘…[NextEra Energy 's (NYSE: NEE) June investor presentation predicts renewables in th4 U.S. power supply] could approach 50%...[up] from the 25% share for renewables projected in the company's May investor presentation…[The new foredcast is based on] estimates from the National Renewable Energy Lab (NREL) and data from 2018…[NextEra Energy] produces more electricity from the wind and sun than any other company…NextEra Energy Resources (NEER), operates 17,000 megawatts (17 gigawatts) of wind and solar power assets across the country…

    [NEE] is the fifth-largest U.S.] capital investor…[and] plans to build an additional 29,000 megawatts (and counting) of wind and solar power assets…[The 50% estimate] can't really be compared to other projections…[But long term projections from widely cited sources such as EIA and BNEF have left the growth of wind and solar] consistently underestimated…[NextEra Energy’s estimates of the cost of modern renewable energy, with or without storage, show it will] remain competitive with natural gas, which is expected to cost an average of $30 to $40 per megawatt-hour after 2023…[which could allow wind and solar installations to] blow past most long-term projections…” click here for more

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