Buffett likening climate change risks to Y2K.
Dems attacking Trump for denying global warming. Trump says he would abolish EPA. (Really, Don? Think that's good for US? World? Peoples' health? Just pandering for southern votes?)
EU won't ramp up carbon reduction targets.
Zambia turning to burning trees for power amid hydropower outages from drought.
Washington State regulators dropped plan to cap large GHG emitters.
German wind, biomass rates cut again.
US petrochem boom spurring GHG emissions.
OK, that's some of the bad news. Now, better:
Hank Paulson: green finance can stabilize China econ.
Nike chairman giving $400M to Stanford for climate research.
EVs to reach 35% global auto market share - 41M vehicles - by '40: Bloomberg. Competitive prices by '22. Could reduce oil demand 13Mb/d.
Finland $88M for biofuels, clean/renewable power. Cutting fossil fuels use.
India state set 700Mw solar target.
$367B invested in US clean/ren powergen in '15 v. $253B in fossil. Wind power about to pass hydropower as US largest clean power source.
Middle East, N Africa to see 4Gw of solar tenders this year: report.
China bank issuing $1.2B of green bonds.
US Supreme Court rejected industry effort to stop EPA Chesapeake Bay cleanup plan. (There you go, Don. Another EPA initiative to stop despite the Supreme Court.)
Comp investing $6.8M in 2.3Mw solar project in Japan.
2 new solar plants - 18Mw total - commissioned in Algeria. 3 more projects to launch this year.
Minnesota regulators OK'd powerline to share Canada hydropower with Minnesota wind power. $560-710M for 225 miles. 3-yr build.
Iberdrola to invest $26.4B in new projects by '20.
Blue Sphere (BLSP) LOI to develop $24M Dutch waste-to-energy plant.
And other news:
Canada LNG project cancelled.
IEA head urging Canada to stop global warming, but keep pumping tar sands oil. (Huh?)
US natgas production down ~1.2BCF/d since Sept. Non-fracking US natgas production down 17BCF/d since '08. Drops ~5%/yr. Will take increase of 15BCF/d to keep US production level this year.
Iran hardliners losing majority in government with election. Iran oil a tough sell in Europe from banking sanctions on Republican Guard (in control of oil industry). Iran offering to barter oil for goods.
Oil industry turning to empty rail cars for storage.
36 killed in methane explosion in Russian mine.
Former TEPCO exes facing charges over Fukushima meltdown. (And that was HOW long ago? Apparently, hari kari has passed out of fashion.)
China plans to layoff 1.8M coal, steel workers.
Radioactive material stolen, missing in Mexico.
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