NewEnergyNews: Climate Crisis Outrunning New Energy’s 10-YR Triumph

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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 STUDY: Making Buildings Into New Energy Assets
  • THE DAY BEFORE

  • Weekend Video: Trevor Noah Talks Climate Crisis Politics
  • Weekend Video: A Detailed Picture Of The Climate Crisis Solution
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  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Climate Crisis Impacts Will Hit Everyone
  • FRIDAY WORLD HEADLINE- Oil Major Moves Toward New Energy
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT WEDNESDAY, September 16:

  • TTTA Wednesday-ORIGINAL REPORTING: Don’t Stop Thinking About Recovery
  • TTTA Wednesday-Only A Price On Carbon Will Save The U.S. Economy
  • THE LAST DAY UP HERE

  • MONDAY STUDY: Electricity Needs For Electric Vehicles
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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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  • THINGS-TO-THINK-ABOUT WEDNESDAY, September 23:
  • ORIGINAL REPORTING: Buffett’s Berkshire Hathaway Interested In San Diego
  • New Energy Made Twitter Buzz In August

    Friday, June 19, 2020

    Climate Crisis Outrunning New Energy’s 10-YR Triumph

    Renewable Power Will Soon Come Out on Top; A new report on global energy developments shows how far wind and solar have come—and hints at how far they’ll go.

    Nathaniel Bullard, June 11, 2020 (Bloomberg News)

    More than $2.7 trillion has been invested in building up renewable energy capacity over the past decade. In those same 10 years, renewables more than doubled their share of the global power mix, from 5.9% in 2009 to 13.4% last year…[But, according to Global Trends in Renewable Energy Investment, more] investment is needed to meet the goals of the Paris Agreement, and governments and industry groups are touting clean-energy investment as an essential part of recovery from the Covid-19 pandemic…

    An extraordinary amount of capital for clean energy has been deployed to the developing world—the vast majority to China, with a lesser chunk going to India. At the peak year, in 2017, developing economies as a group saw almost $200 billion in new investment in renewable energy capacity. While investment in China and India has tapered off since then, investment in the rest of the developing world has been growing, and hit a record of almost $60 billion last year…

    …Developing economies have received more than half of all dollars invested in clean energy for five years in a row…From 2010 to 2019, the world’s electricity system added more solar power generation capacity than anything else. Coal is next, but after that comes wind, which exceeded gas…We can—and should—expect a massive transformation in the energy sector over the years to come. But it’s also important to note how much of that is already underway. That goes for capital allocation, the building of energy assets, and increasingly for the energy mix itself…” click here for more

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