NewEnergyNews: Climate Crisis Investments Top $1 Trillion

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

While the OFFICE of President remains in highest regard at NewEnergyNews, the administration's position on the climate crisis makes it impossible to regard THIS president with respect. Therefore, until November 2020, the NewEnergyNews theme song:

YESTERDAY

  • MONDAY’S STUDY: U.S. Emissions Dropped 2.1% in 2019
  • THE DAY BEFORE

  • Weekend Video: Documented: A Whole Continent’s Climate Has Changed
  • Weekend Video: World’s Biggest Money Fund Calls Out Climate Crisis
  • Weekend Video: Welcome To The “Solar-Plus” Decade
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-World’s Biggest Fund: “Prepare for a significant reallocation of capital”
  • FRIDAY WORLD HEADLINE-New Energy’s Century
  • THE DAY BEFORE THAT

  • TTTA Wednesday-ORIGINAL REPORTING: Distributed New Energy Ready To Serve The Power System
  • TTTA Wednesday-Amazon Workers Demand Climate Action
  • THE LAST DAY UP HERE

  • MONDAY’S STUDY: New Energy Costs Get Better
  • --------------------------

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

    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 WEDNESDAY, January 22:

  • ORIGINAL REPORTING: Community Solar Offers An Even Better Deal
  • Historic New Energy Acceleration Coming

    Friday, November 08, 2019

    Climate Crisis Investments Top $1 Trillion

    Global investment in cutting greenhouse gases fell by 11% in 2018; Climate mitigation effort ‘cancelled out’ by outlay on fossil fuels finds CPI

    Fiona Harvey, 6 November 2019 (UK Guardian)

    “…Global climate finance hit a record high of $612bn (£476bn) in 2017…but fell back 11% after that bumper year to $546bn in 2018…Less public money for low-carbon transport and lower private-sector investment in renewable energy were the causes of the drop [according to a new report. But] the average investment for 2017 and 2018 was 25% higher than for the period 2015 and 2016…[The study] found that investment at least more than three times as high as current levels would be needed annually until 2050 to clean up the world’s energy generation systems…[A]dapting to the impacts of climate breakdown is likely to cost more than $180bn a year from 2020…

    …[Only $30bn a year was spent on adaptation] in the last two years, an increase of about a third on 2015 and 2016 levels…[The good news is that the drop-offs were largely because] money spent on renewable energy and low-carbon transport now went much further in cutting emissions, as the costs of such technology had dropped rapidly…Investment in cutting emissions in developing countries was $356bn in 2017-18, compared with $270bn for the previous two-year period. More than half of climate finance globally comes from the private sector…” click here for more

    0 Comments:

    Post a Comment

    << Home