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Solar or Coal? The Energy India Picks May Decide Earth’s Fate

Flames rise from the ground in Jharia coalfield, where the land around the areas has burned for a century as a result of mining and venting gases.

Image: Flames rise from the ground in Jharia coalfield, where the land around the areas has burned for a century as a result of mining and venting gases.

wired.com - December 2015 - Charles C. Mann

A few minutes after I meet E. V. R. Raju, a vision pops into my head. I can see him on one of those lists of the World’s Most Important People released by the likes of CNN, Forbes, and Time. Besides the obvious entrants like the president and the pope, the lists always also include a few buzzy, click-generating names: Emma Watson, perhaps, or Bono.

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Bill Gates Launches Multi-Billion Dollar Clean Energy Fund

             

Bill Gates has pulled together a multinational band of investors to put billions into clean energy.

money.cnn.com - by Jackie Wattles - November 30, 2015

The Microsoft co-founder and philanthropist announced his latest endeavor, the Breakthrough Energy Coalition, at the climate change summit in Paris. . . .

. . . The new Gates fund will be fed by a group that spans more than two dozen public and private entities -- including national governments, billionaire philanthropists, investment fund managers and tech CEOs.

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CLICK HERE - Breakthrough Energy Coalition

 

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World Bank Calls for $16bn to Help Africa Weather the Effects of Climate Change

submitted by George Hurlburt

            

A young girl wades into water where the family kitchen once stood in Diamniadio Island, Saloum Delta in Senegal.
Photograph: Jane Hahn/AP

CLICK HERE - World Bank - Accelerating climate-resilient and low-carbon development : the Africa climate business plan

Africa climate business plan, emphasising clean energy, efficient farming and urban protection, will be launched by World Bank chief at Paris climate talks

theguardian.com - by John Vidal - November 25, 2015

The World Bank has devised a $16bn (£10.6bn) strategy designed to help Africa adapt to climate change and prevent millions of people from sliding into poverty.

By fast-tracking clean energy, efficient farming and urban protection, the measures promise to greatly increase renewable energy across the continent, bolster food production and lead to the planting of billions of trees. It is also hoped that the scheme will improve life in cities and reduce poverty, migration and conflict.

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Cutting Greenhouse Gas Emissions Won't Slow Global Economic Growth — Report

          

Increased use of low-carbon energy sources instead of fossil energy sources is making it easier for countries to decouple economic growth from greenhouse gas emissions, according to a new report.  Photograph: Mick Tsikas/Reuters

New report from green think tank Heinrich Boll shows OECD countries grew their economies 16% in last decade – and cut greenhouse gas emissions 6.4%

CLICK HERE - RESEARCH REPORT - Turning point: Decoupling Greenhouse Gas Emissions from Economic Growth

theguardian.com - by Bruce Watson - September 26, 2015

As the world works out how to avoid catastrophic climate change, one of the biggest questions remaining is whether we can continue to grow economically without also increasing greenhouse gas emissions.

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The World Has Pledged To Divest $2.6 Trillion From Fossil Fuels

       

Credit: David J. Phillip / Associated Press

"It is now unstoppable."

huffingtonpost.com - by Nick Visser - September 22, 2015

NEW YORK -- The amount of money the world has pledged to divest from fossil fuels now exceeds $2.6 trillion, a group of policymakers, philanthropists and activists announced Tuesday. The figure is 50 times higher than the $52 billion that had been divested exactly one year ago.

The news was announced at a press conference in New York, hosted by groups including the United Nations, the Rockefeller Brothers Fund and environmental and faith leaders. The hosts said the $2.6 trillion figure was calculated by Arabella Advisors, a private consulting company that works with philanthropic groups.

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CLICK HERE - Arabella Advisors - Measuring the Growth of the Global Fossil Fuel Divestment and Clean Energy Investment Movement (27 page .PDF file)

CLICK HERE - About - 2015 Report - Divest-Invest

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Fossil Fuels Losing Cost Advantage Over Solar, Wind, IEA Says

      

Photographer - Andrew Harrer / Bloomberg

bloomberg.com - by Tara Patel - August 31, 2015

  • Renewable technologies no longer cost outliers, report says
  • No single technology is cheapest under all circumstances

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency.

“The costs of renewable technologies -- in particular solar photovoltaic -- have declined significantly over the past five years,” the Paris-based IEA said in a report called Projected Costs of Generating Electricity. “These technologies are no longer cost outliers.”

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100% renewables by 2045 is now the law in Hawaii

Link to Article:  http://www.argusmedia.com/News/Article?id=1051970

Hawaii law sets target of 100pc renewables by 2045

 

9 Jun 2015, 2.15 pm GMT

Washington, 9 June (Argus) — Hawaii's governor David Ige (D) signed legislation making the island state the first in the US to set a mandate for all electricity to come from renewable resources.

The governor signed HB 623, which requires electric utilities to supply 100pc of their sales with renewables by 2045. The new renewable portfolio standard includes interim targets of 30pc by 2020, 40pc by 2030 and 70pc by 2040. HB 623 replaces a previous standard that called for 15pc by 2015, 25pc by 2020 and 40pc by 3030. The bill takes effect on 1 July.

Ige said the move to local sources of energy will help the state's economy, which relies on about $5bn/yr in oil imports. Fuel oil provides about 70pc of the state's electricity, according to the Energy Information Administration (EIA).

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Three Ways the World’s Power Mix Is About To Change

weather.com - June 26th, 2015 - Brian Kahn

Big changes are afoot for the energy sector in the next 25 years. Coal and gas are headed out, and solar and wind are rushing to take their place on a multi-trillion dollar investment bonanza, according to a new report from Bloomberg New Energy Finance. The report scopes out the power generating landscape through 2040.

The main reason for the big shift in power generation isn’t likely to be because of a grand climate agreement, national policies or carbon pricing scheme, though. Instead, it comes down to cold, hard cash, with renewables offering more power-generating bang for the buck than fossil fuels. Here are the three big numbers.

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Seven Graphics that Explain Energy Poverty and How the US Can Do Much More

          

cgdev.org - by Todd Moss and Madeleine Gleave - February 18, 2014

1.     Energy poverty is an endemic and crippling problem; nearly 600 million people in Africa live without access to any power, which also means no access to safer and healthier electric cooking and heating, powered health centers and refrigerated medicines, light to study at night, or electricity to run a business.  Here’s the situation in the 6 countries chosen to be part of President Obama’s Power Africa Initiative, home to nearly 1/3 of the continent’s population:

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Coal Crash: How Pension Funds Face Huge Risk From Climate Change

           

Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

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