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Cutting Greenhouse Gas Emissions Won't Slow Global Economic Growth — Report

          

Increased use of low-carbon energy sources instead of fossil energy sources is making it easier for countries to decouple economic growth from greenhouse gas emissions, according to a new report.  Photograph: Mick Tsikas/Reuters

New report from green think tank Heinrich Boll shows OECD countries grew their economies 16% in last decade – and cut greenhouse gas emissions 6.4%

CLICK HERE - RESEARCH REPORT - Turning point: Decoupling Greenhouse Gas Emissions from Economic Growth

theguardian.com - by Bruce Watson - September 26, 2015

As the world works out how to avoid catastrophic climate change, one of the biggest questions remaining is whether we can continue to grow economically without also increasing greenhouse gas emissions.

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The World Has Pledged To Divest $2.6 Trillion From Fossil Fuels

       

Credit: David J. Phillip / Associated Press

"It is now unstoppable."

huffingtonpost.com - by Nick Visser - September 22, 2015

NEW YORK -- The amount of money the world has pledged to divest from fossil fuels now exceeds $2.6 trillion, a group of policymakers, philanthropists and activists announced Tuesday. The figure is 50 times higher than the $52 billion that had been divested exactly one year ago.

The news was announced at a press conference in New York, hosted by groups including the United Nations, the Rockefeller Brothers Fund and environmental and faith leaders. The hosts said the $2.6 trillion figure was calculated by Arabella Advisors, a private consulting company that works with philanthropic groups.

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CLICK HERE - Arabella Advisors - Measuring the Growth of the Global Fossil Fuel Divestment and Clean Energy Investment Movement (27 page .PDF file)

CLICK HERE - About - 2015 Report - Divest-Invest

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Fossil Fuels Losing Cost Advantage Over Solar, Wind, IEA Says

      

Photographer - Andrew Harrer / Bloomberg

bloomberg.com - by Tara Patel - August 31, 2015

  • Renewable technologies no longer cost outliers, report says
  • No single technology is cheapest under all circumstances

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency.

“The costs of renewable technologies -- in particular solar photovoltaic -- have declined significantly over the past five years,” the Paris-based IEA said in a report called Projected Costs of Generating Electricity. “These technologies are no longer cost outliers.”

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100% renewables by 2045 is now the law in Hawaii

Link to Article:  http://www.argusmedia.com/News/Article?id=1051970

Hawaii law sets target of 100pc renewables by 2045

 

9 Jun 2015, 2.15 pm GMT

Washington, 9 June (Argus) — Hawaii's governor David Ige (D) signed legislation making the island state the first in the US to set a mandate for all electricity to come from renewable resources.

The governor signed HB 623, which requires electric utilities to supply 100pc of their sales with renewables by 2045. The new renewable portfolio standard includes interim targets of 30pc by 2020, 40pc by 2030 and 70pc by 2040. HB 623 replaces a previous standard that called for 15pc by 2015, 25pc by 2020 and 40pc by 3030. The bill takes effect on 1 July.

Ige said the move to local sources of energy will help the state's economy, which relies on about $5bn/yr in oil imports. Fuel oil provides about 70pc of the state's electricity, according to the Energy Information Administration (EIA).

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Three Ways the World’s Power Mix Is About To Change

weather.com - June 26th, 2015 - Brian Kahn

Big changes are afoot for the energy sector in the next 25 years. Coal and gas are headed out, and solar and wind are rushing to take their place on a multi-trillion dollar investment bonanza, according to a new report from Bloomberg New Energy Finance. The report scopes out the power generating landscape through 2040.

The main reason for the big shift in power generation isn’t likely to be because of a grand climate agreement, national policies or carbon pricing scheme, though. Instead, it comes down to cold, hard cash, with renewables offering more power-generating bang for the buck than fossil fuels. Here are the three big numbers.

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Seven Graphics that Explain Energy Poverty and How the US Can Do Much More

          

cgdev.org - by Todd Moss and Madeleine Gleave - February 18, 2014

1.     Energy poverty is an endemic and crippling problem; nearly 600 million people in Africa live without access to any power, which also means no access to safer and healthier electric cooking and heating, powered health centers and refrigerated medicines, light to study at night, or electricity to run a business.  Here’s the situation in the 6 countries chosen to be part of President Obama’s Power Africa Initiative, home to nearly 1/3 of the continent’s population:

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Coal Crash: How Pension Funds Face Huge Risk From Climate Change

           

Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

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Akon Launches Solar Academy That Will Supply Electricity to 600,000,000 People in Africa

Photo: Denis Van Tine/AP Photo

The musician is giving back to people in a major way.

theroot.com - by Yesha Callahan - June 2, 2015

When he’s not singing or producing music, Akon is busy providing sustainable living options to people in African countries. The Senegalese-American singer’s initiative, appropriately called Akon Lighting Africa, aims to supply electricity to 600 million people in Africa who lack it with the launch of the Solar Academy.

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CLICK HERE - Akon Lighting Africa

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Don't Fall Behind as More Climate Legislation Rules the World

           

London School of Economics

greenbiz.com - by Michael Mathres - June 4, 2015

CLICK HERE - REPORT - 2015 Global Climate legislation Study

A lot of times businesses look to or blame,  governments for a lack of a national strategic economical direction for tackling climate change. This often leads to climate inertia where each party looks to the other for leadership and action.

However, according to a new report from the London School of Economics, this is no longer the case, and business have plenty of climate laws and policies from which to be inspired or adapt.

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Climate Change: Six Major Energy Companies Write to United Nations to Request Help in Setting Up Carbon Pricing Scheme

      

A carbon pricing scheme would involve a fee being charged to emit the greenhouse gas and the proceeds would probably go to companies that reduce them

independent.co.uk - by Ian Johnston - May 31, 2015

Six major energy companies have written to the United Nations asking for help in setting up a carbon pricing scheme to help tackle climate change.

BP, Royal Dutch Shell, Total, Statoil, Eni and the BG Group asked Christiana Figueres, executive secretary of the United Nations Framework Convention on Climate Change, to help them hold “direct dialogue with the UN and willing governments” about developing a scheme to charge those who produce carbon emissions. . . .

. . . The companies’ chief executives revealed the move in a letter to the Financial Times, which said: “We owe it to future generations to seek realistic, workable solutions to the challenge of providing more energy while tackling climate change.”

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