"The state went from having virtually no solar industry a decade ago to ranking ninth nationwide in installed solar capacity this year, according to the Solar Energy Industries Association. Solar has flourished in Georgia as tech companies such as Facebook Inc. FB 1.11% look to locate facilities near cheap renewable-energy sources and rural communities turn to solar farms to create tax revenues and jobs."
On Addressing Climate Risk and Uncertainty
Jonathan Adler has an insightful piece in The Bulwark arguing that conservatives need to engage in the climate policy debate. Adler, a professor at Case Western Reserve University, correctly cuts to the chase of what the mainstream body of climate literature says: anthropogenic warming is unequivocally real and poses a risk to our planet. Just...
How Markets Adapt to Climate Change
From Matthew E. Kahn at PERC: In 1980, the biologist Paul Ehrlich and the economist Julian Simon engaged in a famous debate. Ehrlich argued that ongoing population growth would lead to overconsumption of natural resources and a collapse in food consumption per person. Simon countered that rising scarcity creates incentives to unleash human ingenuity and...
44.01 secures $5M to turn billions of tons of carbon dioxide to stone
"The holes would maximize surface area, and highly carbonated water would be pumped in cyclically until the drilled peridotite is saturated. Importantly, there’s no catalyst or toxic additive, it’s just fizzy water, and if some were to leak or escape, it’s just a puff of CO2, like what you get when you open a bottle of soda."
Bill Gates Pledges $1.5 Billion for Infrastructure Bill’s New Climate Projects
"Mr. Gates, in an interview with The Wall Street Journal, said a fund run by his Breakthrough Energy Ventures could spend the money over three years on projects aimed at slowing the greenhouse-gas emissions that cause climate change."
BP sees potential for green hydrogen, ammonia plant in Australia
"Australia, the world's top coal exporter and the second largest exporter of liquefied natural gas, wants to develop green hydrogen to replace fossil fuels in a global push to cut carbon emissions."
Duke Energy’s renewable portfolio hits 10,000 MW as utility reports Q2 earnings
"Duke Energy is in the midst of a five-year, nearly $59 billion 'growth capital plan' as the North Carolina-based utility pushes ahead with efforts to decarbonize its operations, Good said Thursday on a call with stock analysts."
Exxon Considers Pledging ‘Net-Zero’ Carbon by 2050
"Exxon XOM is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant strategic shift by the oil company."
‘Green Bitcoin Mining’: The Big Profits In Clean Crypto
Chris Helman of Forbes writes on the profitability of clean cryptocurrency mining. “For all bitcoin’s purported benefits, it’s also clear that the currency is an environmental disaster. Depending on bitcoin’s cost (a higher price attracts more miners), its global network sucks up between 8 and 15 gigawatts of continuous power, according to Cambridge. New York...
Renewables Became 2nd Most Prevalent U.S. Electricity Source In 2020
"In 2020, renewable energy sources (including wind, hydroelectric, solar, biomass, and geothermal energy) generated a record 834 billion kilowatthours (kWh) of electricity, or about 21% of all the electricity generated in the United States."