NewEnergyNews: There Will Be An Opportunity In This Crisis

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

THINGS-TO-THINK-ABOUT WEDNESDAY,:

  • TTTA Wednesday- ORIGINAL REPORTING: Utilities' failure to plan for DER surge promises missed opportunities, increased costs
  • TTTA Wednesday-White House Brings Old Ignorance To New Energy
  • THE DAY BEFORE

  • MONDAY’S STUDY: Solar’s Big 2019 Reviewed
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Big Wind Floats
  • Weekend Video: Laughing At The Attack On New Energy Subsidies
  • Weekend Video: Young Conservatives Call For Climate Action
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE- COVID and The Climate Crisis
  • FRIDAY WORLD HEADLINE-The Energy Transition Will Not Stop (But Will Slow)
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT WEDNESDAY, April 1:

  • TTTA Wednesday-ORIGINAL REPORTING: EV charging promises a demand response bonanza for utilities if they can handle it
  • TTTA Wednesday-Wind, Solar Gained Shares Of Total U.S. Energy In 2019
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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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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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  • FRIDAY WORLD, April 10:
  • The Virus As A Symptom Of The Crisis
  • New Energy Was 72% Of 2019 Global Energy Growth y

    Wednesday, March 18, 2020

    There Will Be An Opportunity In This Crisis

    As Congress mulls stimulus, Trump should avoid Obama's 2009 mistake

    Reed Hundt, March 17, 2020 (Utility Dive)

    “…Like the 2008 financial crisis, Washington appears poised to respond with a stimulus package, largely of necessary short-term cash to citizens who have felt the brunt of the Coronavirus…[But if President Donald Trump stops there, he would miss] the opportunity to create long-term infrastructure investment…[and] complete the transition to a clean economy…The 2009 stimulus fell short because the government largely just addressed the financial sector by bailing out the banks. To just address health care in this crisis would make the same mistake…We need short-term measures…

    [But] Congress must provide long-term infrastructure investment. Included in that should be a robust down payment for the National Climate Bank…[to finance projects alongside the private sector and reinvests] loan repayments in future projects…If Congress provided funds for a national green bank, they could be issued at a near-zero rate. Because that is a rate well below inflation, repayment is nearly guaranteed…Because we were timid in 2009 on long-term infrastructure investment, China took the lead as the driver of global investment…

    It will take a lot to regain that position, but a good start would be to put money into infrastructure and a robust deposit into a national green infrastructure bank…[O]ur economy remains too exposed to the volatile price of carbon. The cost for building renewable power to replace carbon power would be the lowest it has ever been in our lifetime…If we don't take this opportunity, the American people and future generations will look back wondering why…” click here for more

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