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Central Banks Helping Funnel Trillions of Dollars into Fossil Fuels Despite Climate Pledges, Research Finds

DeSmogBlog

Central banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found. The report calls on governments to update the mandates of the banks to support the managed decline of fossil fuels.

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Let’s incubate the Green Swans hatched by the COVID-19 Black Swan

GreenBiz

These events, made visible by the COVID-19 virus, have shown us the fragility of systems pushed to their breaking point by design constraints to maximize return on investment in the absence of resiliency. . Even without those policies — they soon expire — renewables are more than competitive against fossil fuels.

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How to value solar plus storage

GreenBiz

In the wake of California’s summer of wildfires, blackouts and planned outages, many consumers and businesses are clamoring for more resilient options. With wildfires emerging as a nearly year-round threat to western states, the resilience that solar plus storage offers is growing in importance. How to value solar plus storage.

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How will the energy crunch impact the transition to renewables?

Renewable Energy World

On the other, the energy crunch could be proving once-and-for-all that natural gas is losing its role as a transition fuel, and that it's time to rapidly scale renewables and battery storage for resiliency and reliability. natural gas prices to remain elevated between October and March -- the highest winter price since 2007-2008.

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The seven steps to a green and resilient recovery

Business Green

In the wake of the 2008 financial crisis calls went up for green stimulus plans, but while they gained some traction support was largely confined to environmental campaigners and clean tech industries and the opportunity to deliver sweeping climate-focused recovery packages was ultimately squandered.

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Build back better – with energy efficiency improvements

Renewable Energy World

In fact, green energy has been more resilient against COVID-19 impacts than fossil fuels. They have experienced less supply chain disruptions than fossil fuels. Further, the wind and solar industries can create more jobs than their fossil counterparts. Lessons from the 2008 financial crisis.

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How can Canada meet net-zero goals? Focus on the grid

Smart Energy International

Have you read: Urgent measures announced as Dutch grid creeps to capacity US Department of Energy announces $3.5bn for grid resilience Another potential roadblock is the structure in infrastructure. The major difference is that many times the best renewable sources are in different locations than the best fossil fuel sources.