"Some industries can shift quickly to renewable electricity, but others will require decades to clean up. As carbon prices rise and emissions regulations tighten, investors will need to pay ever closer attention to how companies get to their trumpeted net-zero commitments."
Articles from Around the Web
California power projections underscore difficulty of Biden climate targets
"California will have to deploy renewable power at record-breaking speed over the next few decades to meet its target for carbon-free electricity by 2045, a transformation that state agencies say in a new report this week is technically achievable but immensely challenging."
U.S. solar had a record year in 2020
"Additions of new U.S. solar generating capacity broke new records last year despite the COVID-19 pandemic slowing some types of projects, per new industry data."
We Just Have To Capture The Carbon Before It Enters The Atmosphere
"Next year, the PNNL team will produce 4,000 gallons of EEMPA to test in the facilities at the National Carbon Capture Center in Shelby County, Alabama, in a project led by the Electric Power Research Institute in partnership with Research Triangle Institute International."
Fossil fuels still have a role to play in the low-carbon future
Marcus Lee writes on The Washington Examiner that fossil fuels still have a role to play in the low carbon future. “As we rightly move toward decarbonization to address the climate crisis, it would be a mistake to ignore the valuable contributions that hydrocarbons will play in helping us achieve this goal. While scientists tell...
Critical Mineral Supply Chains: America’s Pathway to a Circular Economy and Responsible Mining
"No single link in the vehicle supply chain is more important than the minerals needed for battery production. Ignoring this issue and failing to perfect environmentally sustainable mining practices in North America today will sow the seeds of another energy dependency crisis as serious as the Arab Oil Embargo of the 1970s."
Replacing High Paying Oil Jobs With Clean Energy Jobs Is Not So Easy
"The Bureau of Labor Statistics reports that solar power technicians make $43,000 and wind turbine technicians earn $53,000 annually. In other words, these new 'high-paying jobs' pay $60,000 to $70,000 less than their oil and gas counterparts. This is a significant wage gap to close by any standard.
China makes no shift away from coal in five-year plan as it ‘crawls’ to carbon neutrality
"China’s five-year plan is 'underwhelming and shows little sign of a concerted switch away from a future coal lock-in,' said Swithin Lui, of NewClimate Institute, and the China lead for Climate Action Tracker."
McMorris Rodgers leads GOP effort to upgrade, promote U.S. hydropower projects
“'Hydropower is the largest renewable energy source, and it provides clean, reliable and affordable energy to families in eastern Washington,' said Rep. McMorris Rodgers. 'In fact, hydropower accounts for roughly 70 percent of our clean energy across all of Washington State.'"
Rule by Regulation
Andrew Stuttaford of National Review analyzes the Biden administration’s rule by regulation approach to clean energy and climate change. “The real aim of the emerging central-bank game is two-fold. Firstly, to increase the cost of capital for climate sinners by ‘discouraging’ banks from lending to them and secondly, by mandating disclosure of such risks (and...