NewEnergyNews: QUICK NEWS, August 8: The Climate Crisis And High Finance; The Energy Sector Holy Grail Found!

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

  • ORIGINAL REPORTING: Floating solar offers unique bargains that U.S. utilities are missing
  • THE DAY BEFORE

  • TODAY’S STUDY: The Policy Fight For EVs
  • QUICK NEWS, August 20: Climate Crisis Gets Primary Debate – CNN, September 4; Wind Prices Now Beating NatGas

    THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Wind Boom Now
  • QUICK NEWS, August 19: Any Kind Of Intelligence, Even Artificial; Rent Solar And Save
  • THE DAY BEFORE THAT

  • Weekend Video: Why Climate Change Is Winning
  • Weekend Video: Farming Solar In PA
  • Weekend Video: The Joke Is The Joker, Not The Climate Crisis
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-July’s Record Heat Fits The Pattern
  • FRIDAY WORLD HEADLINE-Building The World’s New Energy Future
  • FRIDAY WORLD HEADLINE-China Seizes New Energy Opening
  • --------------------------

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

    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.

  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, August 22:

  • The Climate Crisis And Everyday Life
  • Corporates Lead Next Wave Energy Transition
  • Billions In Health Benefits From New Energy

    Tuesday, August 06, 2019

    QUICK NEWS, August 8: The Climate Crisis And High Finance; The Energy Sector Holy Grail Found!

    The Climate Crisis And High Finance How Climate Change Could Trigger the Next Global Financial Crisis; The Federal Reserve should act aggressively to reduce that risk, a leading economic historian argues.

    Robinson Meyer, August 1, 2019 (The Atlantic)

    “…[The U.S. Federal Reserve needs to battle climate change in the same way it responded to the 2008 recession, according to Columbia University Professor of History Adam Tooze. Policymakers] will need to pull every lever at their disposal…[Jerome Powell, the Fed chairman] is probably the most powerful person in the American government who affirms climate science. Yet he has taken a subdued approach to mitigating climate change…[He has written that] addressing climate change is a responsibility that Congress has entrusted to other agencies…[His British counterpart has convened 33 central banks to investigate how to ‘green the financial system’...and every powerful central bank is [reportedly] working with him—except for Banco do Brasil and the Fed…

    [The head of the Bank of England has raised the possibility that the climate crisis is a Minsky moment in which] an asset’s price suddenly collapses after a long period of growth…[That means there could be] some kind of subprime-like scenario…[It could be created if fossil-fuel assets were] on the balance sheet of actors who were under huge pressure in a fire-sale situation and who couldn’t deal with a sudden revaluation…[The sudden revaluation could happen if climate nonlinearities kick in and create] a Fukushima-style event…[That leads to nervous democratic politicians] suddenly deciding that we have to [immediately] stop doing one or another part of our carbon-based economy…[That leads to] big shocks…[and] sudden revaluations…[Because one-third] of equity and fixed income assets issued in global financial markets can be classified as belonging to the natural resource and extraction sectors, as well as carbon-intensive power utilities, chemicals, construction, and industrial goods firms…” click here for more

    The Energy Sector Holy Grail Found! Why Energy Storage Is Proving Even More Disruptive Than Cheap Renewables

    Jeff McMahon, August 2, 2019 (Forbes)

    The falling price of renewable energy has been dominating the headlines, but more dramatic change is happening behind the scenes, where battery storage is disrupting the way utilities provide power…[The key is] the electronics…[In the past, utilities relied on] slow, inflexible fossil-fuel plants…[for] enough energy to meet peak demand…Now, utilities will have abundant cheap power from renewables. Paired with batteries, that power can be deployed by computer in microseconds to ensure reliability or fulfill other ancillary services…

    [Tightly coupled storage and solar PV is] a solid-state computer-controlled power plant…[and a shift] from slow and heavy to fast and light…[With cheap renewables, energy will be abundant and the grid reliability will be for] flexibility and balancing…That reliability will be watchdogged by the resources themselves, networked across the grid..[In July,] NextEra announced a new 700 MW renewables+battery hybrid plant—described as America's largest so far—in Anadarko, Oklahoma, the heart of oil country.” click here for more

    0 Comments:

    Post a Comment

    << Home