NewEnergyNews: QUICK NEWS, October 8: Investing To Beat The Climate Crisis; All The Way To New Energy

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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
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: GE Challenges The Ocean Wind Industry
  • Weekend Video: Condescension, Not Climate Facts
  • Weekend Video: Just Greta
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Red Cross Calls For Climate Crisis Volunteers
  • 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

    Tuesday, October 08, 2019

    QUICK NEWS, October 8: Investing To Beat The Climate Crisis; All The Way To New Energy

    Investing To Beat The Climate Crisis How can I invest my money without contributing to the climate crisis?

    Eve Andrews, October 3, 2019 (Grist)

    “…If the various companies that make up your mutual fund or index fund do well, you get some money. And if any of those companies are involved in fossil fuel extraction, then you made that money on climate change…[If your priority is ethical purity, don’t] invest at all…[But if] your priority is doing everything you can as an individual to mitigate climate change, ignoring the entire world of finance might actually not be the most productive choice…[Because] there is truly no way to construct any of the infrastructure or rehome any of the people who will be displaced or develop any carbon-saving technology without money… [A government bond] is investing in a fossil-fuel friendly federal government…

    ...[A municipal bond] might be a greener way to invest…[But climate change is putting municipalities in jeopardy, making] munis a riskier bet…[I]ndividual shareholders of major companies do not have a significant enough stake to actually make their opinions matter… [T]here are a growing number of “green” funds offered by major brokerage firms that you can opt into…But a lot of them are playing pretty fast and loose around the definition of ‘green’…You can get a loan from a commercial bank to green your house or your community yourself…[You can support green community banks that] exist to support climate-forward community projects…[And you can vote out of office] the people who keep passing backwards legislation subsidizing fossil fuel companies…” click here for more

    All The Way To New Energy Can We Overcome The Last Few Hurdles For Renewable Energy?

    Charles Tower-Clark, October 4, 2019 (Forbes)

    “…[New Energy] is quickly becoming a viable alternative to fossil fuels, and significant global adoption could help to mitigate the more drastic and immediate effects of climate change…[But it] is not as simple as installing renewable technologies and plugging them into the grid…Much of the grid in the U.S. is decades old, and is not prepared to handle large amounts of renewable energy…[Also, both New Energy and consumer demand are variable and do not necessarily match up…As a result, renewables are far more cost-effective when battery technology can be deployed…While recent advances in battery capacity and longevity (as well as battery chemistry itself) are encouraging, cost is always the most significant factor that limits the adoption of new technology—despite the drastic consequences of the lack of change…

    Globally, however, the fossil fuel industry receives around $370 billion in subsidies, compared to $100 billion for renewable energy…[and] there are signs that renewable energy may not need subsidizing for much longer…[Though fossil fuels are sewn into the fabric of the economy, fossil fuel subsidies could be directed toward easing the economic impacts of a transition. Greta Thunberg’s speech at the UN Climate Summit taught us] that inaction by world leaders on climate change will no longer be tolerated…[T]here will undoubtedly be tough times ahead for fossil fuel employment as the job market shifts to new jobs. But these costs and hardships are nothing compared to the costs of doing nothing…” click here for more

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