The time for lies, obfuscation, Oil and Gaslighting, and greenwashing shaping policy on combating Global Warming is OVER! We’re talkin’ REAL money here! 💵 💵 💵 💵 $T from tW! 💵 💵 💵 💵 Just lookit alla this good news! Now we are down to arguing with corporations about their refusal to pick up all of this free money lying on the ground, and to convincing blinkered “public servants” that we can actually do it, far more quickly than they have previously been told.
The Cooldown: Stanford study suggests remarkable savings made possible by clean energy transition: 'Reliable and inexpensive'
"The results provide countries with concrete evidence and the confidence that 100% clean, renewable grids are not only lower in costs but are also just as reliable as the current grid system."
The study, titled "Batteries or hydrogen or both for grid electricity storage upon full electrification of 145 countries with wind-water-solar?" and published in the scientific journal iScience, modeled different combinations of energy storage systems — battery storage, green hydrogen storage, and hydropower storage — to find the least expensive and most efficient.
Ultimately, the study found that the 145 countries looked at could reduce their annual energy costs by 61% by fully transitioning to clean energy.
March 2019; Last update 20 February 2024
The idea is that batteries are excellent for short-term storage of a few hours, but hydrogen can be stored for months or years as metal hydrides without danger of leakage. Maybe, if and when the cost comes down enough.
What the data says about Americans’ views of climate change
A majority of Americans support prioritizing the development of renewable energy sources. Two-thirds of U.S. adults say the country should prioritize developing renewable energy sources, such as wind and solar, over expanding the production of oil, coal and natural gas, according to a survey conducted in June 2023.
It’s still going up within the reality-based community.
Democrats are much more likely than Republicans to say protecting the environment (63% vs. 23%) and dealing with climate change (59% vs. 12%) should be top policy priorities for 2024. In fact, addressing climate change ranks last on Republicans’ list of priorities this year.
Eight-in-ten Democrats say the federal government is doing too little to reduce the effects of climate change, compared with 29% of Republicans.
Overall, a majority of U.S. adults (67%) support prioritizing the development of renewable energy, such as wind and solar, over expanding the production of oil, coal and natural gas. But Democrats are far more likely than Republicans to prefer this (90% vs. 42%). Still, the public overall is hesitant about a full energy transition: Just 31% say the U.S. should phase out fossil fuels completely.
We’ll do it anyway, as soon as we get those pesky denialists out of the way in the House of Representatives.
Renewable Energy
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion in 2023, According to BloombergNEF Report
- China leads with $676 billion invested in 2023, or 38% of the global total
- Together, the EU, US and UK invested more than China in 2023, which was not the case in 2022
- Investment in the clean energy supply chain hit $135 billion globally in 2023, and could rise to $259 billion by 2025
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The report finds that electrified transport is now the largest sector for spending in the energy transition, growing 36% in 2023 to $634 billion. This figure includes spending on electric cars, buses, two- and three-wheelers and commercial vehicles, as well as associated infrastructure.
When I started my original Renewable-Days-With-a-Y-inThem, it was only $300 billion worldwide.
Chart: US smashes record for climatetech investment in 2023
Last year, climatetech investment [in the US] reached a total of $239 billion, a record-breaking figure that’s 38 percent higher than the 2022 total. The data comes from a new Clean Investment Monitor report that tracks actual investment — not announcements — from the public and private sectors.
Study models optimized use of PV via EV charging facilities
Australian researchers have shown that free electric vehicle (EV) charging facilities using optimized solar systems can lower grid demand in the evening, with implications for broader nationwide efficiencies.
Workplace charging of EVs helps address this challenge by using excess renewable generation during the day. Prioritizing daytime workplace charging reduces pressure on the grid during the evening peak hours by decreasing the demand for home charging of EVs.
A large amount of Cobalt is used in refining Petroleum.
The use of cobalt catalysts in catalytic applications supports climate change initiatives by contributing to the reduction of greenhouse gases. For example, petrol or diesel for cars can only be sold after it has been refined with cobalt catalysts, which contain cobalt compounds that effectively reduce sulphur and nitrous oxide emissions. These cobalt catalysts play a vital role in mitigating environmental harm and improving air quality.
Tesla Followers
Q: The massive quantities of lithium and cobalt for electric cars' batteries require an incredible amount of water and human labor to mine. Are electric cars actually terrible for the environment?
A: Actually, EV batteries only require trace amounts of cobalt - and some of the latest designs don’t even use cobalt. Cellphone manufacturing uses vastly more cobalt than EV makers. Some lithium production uses a LOT of water - but it’s sea water - and after the lithium is extracted the water can be returned to whatever place it came from.
This startup helps you save money on your utility bills by switching to solar power — no rooftop panels necessary
Compared to the $20,000 it typically costs to install rooftop solar, Arcadia charges $0 in upfront costs.
I signed up with Arcadia in Indiana years ago, when Daily Kos was promoting it.
So I got this email, the second in a series. Is this a valid Daily Kos campaign? Can’t find any info on it, and neither could my internet-savvy son.
*****, we wanted to make sure you saw the clean energy program for California residents through our partner Arcadia Power. As long as you pay a power bill you are eligible.
Thousands have already signed on, and we don’t want to leave anyone out. Together we are adding points to the side of clean energy and taking them away from Trump-backed dirty fossil fuels.
Take 2 minutes to sign up your home or apartment for clean energy and get a $10 savings credit »
Thank you,
Chris Bowers
Executive Campaign Director, Daily Kos
Paid for by Arcadia Power
That was just the start.
Yale Environment 360—@YaleE360
Electric Vehicles
Used Electric Vehicle Prices Still Dropping, With Tesla Model Y, Model 3 Leading The Way
As a harbinger of used car prices, the U.S. new-vehicle average transaction price in January was $47,401, down 2.6% from December 2023 and down 3.5% compared to January 2023, according to Kelley Blue Book. It’s more dramatic for new electric vehicle prices. The average price paid for a new electric vehicle in January 2024 was $55,353, tumbling 10.8% year over year, KBB said.
As of February, “year over year, used EV prices have fallen 24%, with Teslas losing the most value in that period,” Liz Najman, lead researcher at Recurrent, told me in an email. “Looking at just the past few months, Tesla values are still dropping faster than industry average and faster than many of their competitors, such as Ford, Nissan, Chevy, and VW,” Najman said.
Chevy Bolt price crash as glaring example: The price of a used Chevy Bolt — the No. 3 bestselling new EV in the U.S. last year behind the Tesla Model Y and Model 3 — is down 30% year over year, Najman said.
From Daily Kos
Meteor Blades: Weekly Spotlight on Climate & Eco-diaries (3/10/24)
The Daily Bucket, Friday Sequence: A Tribute to My Winter Companions, Who Will Soon Depart
Overnight News Digest: February 2024 was the 9th consecutive hottest month in modern record
Tell Biden - declare a climate EMERGENCY tonight
Zero Net Energy - March 5, 2024
President Biden Reduced Climate Emissions from Cars: Boosting Biden Day 50
Boo! Hiss!
Energy & Power (EP) biweekly magazine—Bangladesh
The Gas Crisis: A Grave Challenge for the Government
Bangladesh is mostly dependent on natural gas for power generation, accounting for 56% of its energy demand. The country has been facing declining gas production since 2016, and known reserves are feared to be depleted by 2030 if there is no substantial discovery of gas fields to add to the reserves. To meet the gas demand, Petrobangla has been importing LNG since August 2018. Bangladesh is going to introduce nuclear power by 2025. Already, diversifying its energy sources by importing LNG, fuel, coal, oil, and cross-border electricity and also trying to import hydroelectricity from Nepal to meet up power demand. However, a gradual shift towards renewable energy is also essential despite the current dependence on fossil fuels and to align with global energy trends considering climate changes.
Contingency Plan To Confront Gas Crisis
The Energy and Mineral Resources Division (EMRD) and Petrobangla have started realizing the depth and diversity of the crisis in the energy and power supply chain that started deepening a few years back. They now have taken up massive plans for expediting gas exploration campaigns. Various initiatives have also been undertaken to increase the import of LNG to overcome the deficit.
Abandoning Principles
4 major U.S. banks abandon The Equator Principles -- voluntary bare minimum environmental standards
The Equator Principles have been around since June 2003 when 10 big banking firms adopted them. Since then, between 70 to 100 financial institutions in many countries have signed on to the Principles.
The American banks – Citi,D Bank of America, JPMorgan Chase and Wells Fargo – are listed as having left the group of institutions that have signed the principles.
Dark Money
Report Exposes $11 Million Dark Money Ad Campaign by Big Oil in California
Greenwashing
American Petroleum Institute (API): Lights on Energy
Let’s Put All Our Energy on the Field.
America’s Oil & Natural Gas are Vital to Our Energy Future.
9 in 10 Americans agree: American oil and natural gas are vital to our economy
Natural gas and oil provide 70% of the energy consumed in the U.S.
No nation on earth has reduced carbon dioxide (CO2) emissions more than the U.S. over the past two decades – even as America has led the world in oil and natural gas production.
API: Energy Citizens
From all 50 States, we come together to make our voices heard. American natural gas and oil are solving big challenges and bringing us a better tomorrow. See and hear the stories of Energy Citizens just like you.
- Over the past three decades natural gas has helped 1.3 billion people worldwide get electricity and escape debilitating poverty.
- New medicines and life-saving health care technologies—such as artificial heart valves, insulin pumps, and defibrillators—are made possible by natural gas and oil.
Smartphones, tablets, computers, and telecommunications equipment couldn’t exist without natural gas and oil.
Mixed Signals on U.S. LNG
Yes, we ramped up liquified natural gas (LNG) capacity for a while. Now we have more than enough to support Europe against Putin.
The Cleanest Air in 25 Years
There is no question – we can rely on American natural gas and oil and leave a better environment for future generations. Natural gas is providing cleaner, more efficient ways to power our families, communities and nation.
Feh.