In Senate Hearing, Economic Experts Warn Climate Crisis Could Spur Financial Crash Like 2008

DeSmogBlog

Read time: 6 mins Could the climate crisis precipitate a financial crash akin to or even greater than the one in 2008?

Media brief: The impact of clean stimulus measures on the U.S. economy following the 2008 downturn

Clean Energy Canada

Following the 2008 financial crisis, countries around the world put together stimulus packages with varying emphasis on clean energy. used following the 2008 downturn and their subsequent impact on jobs, the economy and climate change. Since 2008, U.S.

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Lax Regulation Doesn’t Fully Explain Unsafe Buildings in African Cities: A View from Ghana

The City Fix

One study counted 54 building collapse deaths and 122 injuries in Kampala, Uganda, between 2004 and 2008. Another identified 112 cases in Lagos, Nigeria, from 1978 to 2008. Incidents of building collapse are worryingly common in large African cities.

5 Reasons To Use Recycled Paper

U.S. Green Technology

million metric tons in 2008 (Statista, n.d.). In this day and age, paper remains one of the most widely used medium for communication and information storage. Global consumption of paper totaled 422 million metric tons in 2018, rising steadily from 392.7

Commentary – How Will The Coronavirus Affect Energy Use In America?

CleanTech Alliance

The 2008 financial crisis, and the Great Recession that followed, had a pronounced negative impact on the oil and gas sector, sending the […]. Source: James Conca, Forbes, March 23, 2020 There is little doubt that the world has entered a global economic recession as a result of the COVID-19 pandemic. Every recession lowers energy use, and this one may be a whopper.

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Lawmakers want tougher carbon-reduction goals, even as WA falls short of current targets

CleanTech Alliance

The original legislation, passed in 2008, sought to reduce greenhouse gas emissions to 1990 levels by 2020, a goal that the state has not met. Source: Crosscut, Shauna Sowersby, Jan 17 2020 Twelve years after the Washington Legislature first codified limits on greenhouse gas emissions, lawmakers are considering a new bill that would establish even stricter state targets.

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Niger Delta Oil Spills: Shell Ruled Responsible In Landmark Verdict

Forbes Green Tech

In a historic ruling against the oil giant Shell, the Court of Appeal in The Hague has found in favor of four Nigerian farmers along with environmental activists in an oil spill case that was first filed in 2008.

Re-Powering underway at NextEra’s 150-Megawatt Osceola County Wind Farm

Renewable Energy World

With its original commissioning dating back to 2008, NextEra’s 150-megawatt (MW) Endeavor Wind Energy Center I & II projects in Osceola County are undergoing a prudent re-powering process. Blattner Energy construction crews moved into the Osceola County wind farm area this spring and started work. Blatter Energy is an Avon, Minnesota based heavy construction contractor. Project Development News Asset Management

Evergreen fund helps Ohio coffee chain transition to worker ownership

Impact Alpha

28 – The Evergreen Cooperatives was launched in 2008 to create green, worker-owned and controlled businesses that create jobs and wealth in low-income Cleveland neighborhoods. ImpactAlpha, Oct.

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Sono-Tek Announces the Company’s 300th Ultrasonic Spray System sold for Fuel Cell and H2 Electrolyzer Coating Applications

altenergymag

Back in 2008 when Sono-Tek first started tracking this industry, the market was just emerging, and its direction and growth potential were not well known. Sono-Tek marks the recent sale of its 300th ultrasonic coating system for manufacturing fuel cells and electrolyzers. The machine sale was a large platform electrolyzer coating system, directed at converting environmentally harmful CO2 emissions into a useable fuel source.

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

OGCI claims mobile carbon capture technologies aboard ships could help the global shipping sector reach its current climate target to cut emissions by 50 percent by 2050, from a 2008 baseline — a goal that has faced criticism from green groups for lacking ambition.

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Call No. 22 replay: Rooting out racism as a systemic risk (audio)

Impact Alpha

27 – Investors have been talking about systemic risks at least since the Great Financial Crisis of 2008. ImpactAlpha, Aug. More recently, climate change, income inequality and now, suddenly, pandemics have been recognized as systemic risks as well.

Country Lead – The Philippines, Tara

Eco-Business

Company Description The European Climate Foundation (ECF) was established in 2008 as a major philanthropic initiative to help Europe foster the development of a low-carbon society and play an even stronger international leadership role to mitigate climate change.

Finance & Grants Associate, Tara South and Southeast Asia (flexible)

Eco-Business

Company Description The European Climate Foundation (ECF) was established in 2008 as a major philanthropic initiative to help Europe foster the development of a low-carbon society and play an even stronger international leadership role to mitigate climate change.

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Ethically minded brands are on the rise: Here’s what you should know

The Environmental Blog

A 2017 Financial Times article ( [link] ) also cites a study from the non-profit consultancy firm Ethical Consumer, which says that the UK market for ethical products and services has grown by over £40 billion since 2008.

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Agent of Impact: Martin Muoto, SoLa Impact

Impact Alpha

Muoto has acquired, rehabbed and operated low-income housing in South Los Angeles since 2008. ImpactAlpha, Jan. 7 – The Nigerian-born entrepreneur and investor was investing in zones of opportunity before there were Opportunity Zones.

Samasource raises $14.8 million to connect tech giants with Africa’s data talent

Impact Alpha

Leila Janah founded Samasource in 2008 to help the emerging markets’ workforce The post Samasource raises $14.8 ImpactAlpha, November 25 – Behind the red-hot “machine learning” market are human minds that design algorithms and sort underlying data.

Sponsored content: Leaving room to breathe

Envirotec Magazine

This has been a requirement in API2000 and ISO28300 since 2008. Tank farm with mobile test bench. Tank breather vents are often overlooked as critical safety assets. The consequences from poorly set, calibrated and serviced assets are potentially dire.

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Leapfrog’s Andy Kuper on impact, exits and scaling growth in emerging markets through the COVID crisis (podcast) 

Impact Alpha

That’s a stark contrast to the last recession, when LeapFrog launched its first fund a week after the collapse of Lehman Brothers in 2008.

This acquisition could help make sustainable packaging the norm 

GreenBiz

When Corbett started Ecologic in 2008, scaling its sustainable packaging was challenging because at that time, only the “diehard” in the green movement were pushing for such solutions, she said. . This acquisition could help make sustainable packaging the norm . Deonna Anderson.

Sustainable infrastructure investments can aid the post-COVID recovery

GreenBiz

Before the shovels hit the dirt, it's worth understanding how the world of 2020 is different from the world of 2008. For example, since 2008, the percentage of U.S. Sustainable infrastructure investments can aid the post-COVID recovery. Katherine Davisson. Tue, 05/05/2020 - 04:23.

Shipping industry emissions keep on climbing, new IMO data reveals

Business Green

The analysis also confirms that while total emissions have grown, the carbon intensity of shipping improved between 2008 and 2018 - both for international shipping as a whole and for most ship types.

Big in 2021: American jobs created by EV companies

GreenBiz

Granholm worked closely with the Obama administration and the auto industry throughout the green stimulus program following the 2008 financial crisis. . Big in 2021: American jobs created by EV companies. Katie Fehrenbacher. Wed, 01/06/2021 - 00:30.

Sponsored Content: Grundfos supports UN SDGs

Envirotec Magazine

This was further underpinned in 2008 Grundfos set themselves some tough inhouse targets, including to reduce the total water usage, at their facilities by 50%, by 2025.

ZF orders another bdtronic trickle impregnation machine for EV motor production

Charged

Since 2008, bdtronic has offered different machine concepts for the impregnation of EV motors, especially with the trickling process.

Q&A with Jeremy Grantham: Hold fossil fuel companies to account and make them ‘pariahs’

Impact Alpha

16 – Jeremy Grantham called the Japanese bubble of the 1980s, the tech bubble of the 2000s, and the housing bubble of 2008. ImpactAlpha, Jan. The British-born value investor has been warning of the risks of climate change long before it was fashionable.

Keep Calm and Close Clean Energy Deals

GreenTechMedia

It’s also influenced by his experience evaluating risk at Citibank during the height of the 2008 financial crisis. Manish Hebbar architects billions of dollars worth of equity and debt deals in clean energy.

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The Brief: Systemic impact investing (audio), China’s plant-based meat, CDFI merger, WorldRemit buys Sendwave, U.K. jobs bond, agri-tech trends in India

Impact Alpha

Investors have been talking about systemic risks at least since the Great Financial Crisis of 2008. Greetings, Agents of Impact! Featured: Agents of Impact Call Replay Rooting out racism as a systemic risk (audio).

Why investors are putting biodiversity on the balance sheet

GreenBiz

BNP Paribas, France’s largest bank, last month pledged to stop financing companies that produce or buy beef or soybeans cultivated on land in the Amazon cleared or converted after 2008. Why investors are putting biodiversity on the balance sheet. Clouse. Thu, 03/04/2021 - 02:11.

How Cleantech Venture Capital Is Faring in a Pandemic

GreenTechMedia

From commercializing the first grid-connected battery systems in 2008 to the multi-gigawatt fleet being deployed for customers globally today, the Fluence team is ensuring that storage is the cornerstone of the electric future. The world looked bleak for startups in the spring.

Sunrun Buying Vivint: Unpacking the Biggest Distributed Solar Deal in History

GreenTechMedia

From commercializing the first grid-connected battery systems in 2008 to the multi-gigawatt fleet being deployed for customers globally today, the Fluence team is ensuring that storage is the cornerstone of the electric future.

First Solar Settles Shareholder Suit for $350M

GreenTechMedia

The suit alleged that First Solar executives and officers misled shareholders between April 2008 and February 2012 about the extent of financial damage related to a manufacturing hiccup. Between spring 2008 and winter 2012, First Solar shares dropped nearly 90 percent.

Could Bloom fuel cells be a solution for maritime emissions issues?

GreenBiz

In 2018, the International Maritime Organization set the goal to halve emissions for commercial ships from 2008 levels by 2050. Could Bloom fuel cells be a solution for maritime emissions issues? Zac Estrada. Tue, 08/18/2020 - 01:00.

RPCS partners with Nuturing Minds to bring e-readers to solar-powered girls’ school in Tanzania

Solar Power World

Funded by North American parent organization Nurturing Minds, the SEGA school opened in 2008 to provide quality… The post RPCS partners with Nuturing Minds to bring e-readers to solar-powered girls’ school in Tanzania appeared first on Solar Power World.

Are we going to #BuildBackBetter? Looks promising from here…

Terra Infirma

To take one measure, as I type the carbon intensity of the UK electricity is about 124gCO2/kWh, less than a quarter of what it was in 2008. I looked at my diary this morning and swallowed.

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Biden’s Trillion-Dollar Climate Ambitions

GreenTechMedia

From commercializing the first grid-connected battery systems in 2008 to the multi-gigawatt fleet being deployed for customers globally today, the Fluence team is ensuring that storage is the cornerstone of the electric future.

The electronic waste collection conundrum

GreenBiz

The primary reason I started covering the business of sustainability during the 2008 financial crisis wasn’t just because I was laid off from my position as editor of a technology trade publication. The electronic waste collection conundrum. Heather Clancy. Thu, 07/16/2020 - 01:15.

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How to value solar plus storage

GreenBiz

Founded in 2008 as California’s first not-for-profit, community choice aggregation program, MCE today serves over 1 million residents and businesses in four San Francisco Bay area counties: Contra Costa; Marin; Napa; and Solano. How to value solar plus storage. Adam Aston.

The Brief: Jeremy Grantham Q&A, Indian agriculture platforms, efficient cooling, identity verification, jobs at Tipping Point fund and HBO

Impact Alpha

Jeremy Grantham called the Japanese bubble of the 1980s, the tech bubble of the 2000s, and the housing bubble of 2008. Greetings, Agents of Impact! Featured: ImpactAlpha Original Q&A with Jeremy Grantham: Hold fossil fuel companies to account and make them ‘pariahs.’

Renewal Funds closes fourth impact fund at $109 million

Impact Alpha

ImpactAlpha, September 30 – Vancouver-based impact investor Renewal Funds has been investing in environmental technology and sustainable consumer products since it launched its first fund in 2008. The firm has raised C$145 million ($109 million) to accelerate investing in early stage companies. Renewal focuses on sectors that even impact investors tend to avoid, like public transportation tech. The post Renewal Funds closes fourth impact fund at $109 million appeared first on ImpactAlpha.

Solarpunk: Speculative fiction for climate optimists

Climate-KIC

A 2008 article about sustainable marine transit published in the Republic of Bees appears to coin and define the term: “Solarpunk… conflates modern technology with older technology… […]. Solarpunk is a movement in literature, art, fashion, and activism that seeks to answer the question: “What does a sustainable civilisation look like—and how can we get there?”

Advice for thriving amid crisis, from 14 sustainability vets

GreenBiz

Tone down the celebration : Though the scale differs, in 2008 people were losing their jobs and afraid for their futures. Immediate vs. restorative : The 2008 financial crisis sparked hopes of a fundamental shift from short-term profits to longer-term values.

33-MW of solar capacity installed across 10 projects in Portland, Oregon

Renewable Energy World

Since 2008, U.S. Adapture Renewables Inc. announced this week that it completed a portfolio of ten solar projects totaling 33 megawatts (MWdc) of capacity across the Portland, Oregon metropolitan area. Adapture Renewables acquired the portfolio in early 2019.