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‘Math Doesn’t Yet Add Up’ for Utility Decarbonization Goals: Deloitte

GreenTechMedia

“The math doesn’t yet add up,” the report finds, citing “significant gaps” between the decarbonization targets of major utilities and their current plans for retiring fossil-fuel plants. utilities such as Duke Energy , Dominion Energy , Southern Company and Xcel Energy.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

In the summer of 1988, scientist James Hansen testified to Congress that carbon dioxide from burning fossil fuels was dangerously warming the planet. Then, beginning around 2009, first wind turbines and then solar photovoltaic panels decreased enough in cost to become competitive in electricity markets.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Happy Monday!    Lots of spice for clean investment this week. The picture was less rosy for new wind and heat pumps, both of which have suffered from high interest rates. .