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Investment Week (September 14)

2020/ 09/ 16 by jd in Global News

The “Next Generation EU” deal provides ESG investors with much to watch. The €550bn “centerpiece of the stimulus” focuses on fighting climate change through “expenditures earmarked for promoting energy efficiency and developing renewable energy resources, emission-free vehicles, and sustainable transport, alongside other measures of environmental protection designed to help meet Europe’s 2050 climate neutrality pledge.”

 

Bloomberg (October 25)

2019/ 10/ 27 by jd in Global News

“Thanks partly to the plunging costs of renewable energy… coal is in rapid retreat all over the world.” It is “dying faster than anybody expected” and not just in America’s heartland. “The profitability of coal-fired power is plunging” in Germany and “demand is dying even in Southeast Asia, long seen as a sort of industry firewall.”

 

Washington Post (November 27)

2016/ 11/ 29 by jd in Global News

“Japan is engaged in a national crisis over nuclear power, but the country has embraced natural gas. The United States, by contrast, is seeing a roiling national debate over natural gas and fracking, but concerns over nuclear power are muted. Each country is half right.” As countries invest in renewable energy, they “should keep their options open.” To successfully phase out the deadliest energy sources, e.g. coal, “the world needs fracking – and nuclear power.”

 

BBC (September 29)

2016/ 10/ 01 by jd in Global News

All of South Australia blacked out when a vicious storm struck, toppling approximately 20 transmission towers and leveling nearly 80,000 lightning strikes, some of these damaged power plants and facilities. The unprecedented weather “has very quickly turned into an Australian political storm, with the state’s dependency on renewable energy now being debated with the full force and bluster of a tornado.”

 

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