NewEnergyNews: A Bank For The Climate Crisis?

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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.

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YESTERDAY

  • TODAY’S STUDY: The Cost Of An EV This Year
  • QUICK NEWS, October 15: Imagining Fates And Solutions; UK New Energy Going Incentive-Free
  • THE DAY BEFORE

  • TODAY’S STUDY: Roadmap To The Solar Future
  • QUICK NEWS, October 14: Deniers Fate Will Be Bankruptcy; Coal’s Demise, New Energy’s Rise
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  • Weekend Video: GE Challenges The Ocean Wind Industry
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  • FRIDAY WORLD HEADLINE-Cities Go Where Nations Fear
  • THE LAST DAY UP HERE

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

  • TTTA Thursday-A Bank For The Climate Crisis?
  • TTTA Thursday-Ocean Wind Now Mainstream
  • TTTA Thursday-Rooftop Solar Boosts Home Value
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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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  • TODAY AT NewEnergyNews, October 16:

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

    Thursday, October 10, 2019

    A Bank For The Climate Crisis?

    Why the world needs an IMF for the climate crisis; Just like after 1945, a new dawn of international bodies is required – this time to protect and empower the global south

    Keston K Perry, 4 October 2019 (UK Guardian)

    “…In the aftermath of the second world war, countries came together and created institutions that aimed to pursue justice and peace. The World Bank, the International Monetary Fund and the United Nations aimed to create a new world of multilateral cooperation.,,[but by ceding power to] certain dominant nations and multinational corporations, the World Bank, the IMF and the UN have ultimately exacerbated the climate crisis…[The climate emergency-driven economic and ecological instability requires] new pan-national institutions…[The effects of the climate crisis could cost] $2.5 trillion per year…[Ensuring financial stability and a mechanism for the transfer of resources through global financial markets to developing countries would require] an international climate stabilisation fund – a sort of IMF targeting the climate crisis…

    …[This body could] provide direct support to climate-exposed territories: encouraging productive diversification and tackling interconnecting inequality and displacement caused by climate change…[There is also] a need for a permanent international mechanism that delivers immediate funds, supplies, support and relief [from the wealthiest nations in the global north to the south] after major climatic and natural events…[Because the climate crisis is having a disproportionate, violent effect on the global south,] efforts to address what’s happening to our world will not be the same…We must bring] together diverse peoples from different locations to deliver a green new world.” click here for more

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