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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? With markets currently in turmoil due to the coronavirus pandemic, experts testified Thursday that there is high risk for an even larger economic crisis absent urgent climate policy.

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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. The overnight capital cost of utility-scale photovoltaic systems halved between 2008 and 2014.

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It's time for banks to take the next step on climate risk

GreenBiz

If banks don't integrate climate risk into oversight, expect a banking crisis that could overshadow what happened in 2008.m m crisis reminiscent of the 2008-09 mortgage crisis or worse.

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Uruguay’s green power revolution: rapid shift to wind shows the world how it’s done

The Guardian: Energy

Stung by the 2008 oil price spike, Uruguay now produces up to 98% of its electricity from renewables. Can other countries follow suit? It was the 2000s, and fossil fuel prices were rising worldwide. Uruguay imports its oil, so it had a problem. Demand for energy in the country had grown by 8.4%

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State of the Profession 2022 Report

GreenBiz

What wasn’t clear was whether the pandemic would negatively affect corporate sustainability efforts in the same way as during the 2008 - 2009 financial crisis. In early 2020, as COVID-19 began to spread globally, it became clear that this pandemic would not be short-lived.

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Hydrogen | Patent and Technology Portfolios Resulting from R&D Funding

Energy Central

Portfolios Resulting from HFTO R&D Funding PNNL updates the hydrogen patent portfolio annually (by calendar year) • Since 2008, PNNL has searched and recorded over 7,000 patents and 60,000 patent applications related to hydrogen and fuel cell technologies • PNNL links IP to technologies resulting from HFTO R&D funding.

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New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

TechCrunch: Climate

Husk Power Systems, a clean energy company at the forefront of fueling rural electrification since 2008 and that announced plans to launch 500 solar mini-grids in Nigeria over the next five years, has raised $103 million Series D in equity and debt to meet its objectives.

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