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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

Although the proposed ‘all-source’ procurement would allow existing natural gas-fired peaker plants to compete, it could also open a massive new market for renewable energy, energy storage, demand response and other preferred alternatives to fossil fuels. Fitch wrote in Thursday’s proposed decision.

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Tracking Progress on 100% Clean Energy Targets

GreenTechMedia

But most jurisdictions use the broader term “clean energy,” which can also include resources like large hydroelectric generation and nuclear power. Seven states, as well as Puerto Rico and the District of Columbia, have passed 100 percent clean energy transition laws. Washington D.C.

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An Open Letter to the U.S. Government

Unsustainable

But we’re overdue for more from the governments that we, as tax-payers, voters, and (generally) law-abiding citizens, have contracted to manage our societies. In France, this more or less sums up to nuclear power, a ball the French government picked up and ran with starting in the 1970s to avoid dependence on foreign energy supplies.

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Texas Crisis Drives First Public Power Bankruptcy, With More Fallout Expected

GreenTechMedia

Freezing temperatures caused cascading problems in the state’s natural-gas production and delivery network that restricted fuel supply to the power plants relied upon for about two-thirds of wintertime electricity supply. Larger power companies are also feeling the pinch. billion.

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

Climate Tech VC

  In other news the EU parliament passed a law to restore 20% of the EU’s land and sea by 2030, England requires all new buildings to improve biodiversity, and the US Congress finds something they can agree on with nuclear policy, while the SEC may be set to announce watered down rules on reporting.   Equity.

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? Charting a course to curb maritime emissions

Climate Tech VC

Despite fears about cost increases and low-sulfur fuel availability, the change was a success in terms of decreasing pollution that contributes to ocean acidification and harms the health of humans and marine life. What’s new? New regulations focused on CO2 are taking effect this year. The biggest shipping companies (i.e.,

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Global briefing: US eyes sweeping climate risk disclosure rules

Business Green

A draft White House order obtained by Politico suggests Biden is preparing to instruct federal agencies as well as businesses to embed climate risk assessment and disclosure into their strategies and investments, with fresh regulations reportedly set to cover every sector of the economy including banking, fossil fuels, housing and agriculture.