Economics

submitted by Carrie La Jeunesse

Corporate sustainability teams could play an important role in building resilience to environmental risks.

bloomberg.com - June 4, 2018

According to the World Economic Forum’s Global Risks Report 2018, three of the top five threats in terms of likelihood are environmental: extreme weather, natural disasters and the failure of climate change mitigation . . . 

. . . The reason for the seismic potential of these environmental risks isn't just the risks themselves, but also their knock-on effects. In a global economy, every corporate executive has to consider the potential for cascading risks to threaten the systems that underpin our economy and society.

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Energy Innovation's Michael O'Boyle and Silvio Marcacci outline the barriers to high-penetration wind and solar in the least-cost era

The following is a viewpoint from Michael O'Boyle, electricity policy manager for Energy Innovation, and Silvio Marcacci, communications director for Energy Innovation

utilitydive.com - by Michael O'Boyle, Silvio Marcacci - March 21, 2018

Wind and solar are now cheaper than virtually anyone predicted, and renewable technologies have reached an inflection point: Rapid cost declines made renewable energy the cheapest available sources of new electricity, even without subsidies, in 2017.  In many locations across America, building new wind energy projects is cheaper than running existing coal-fired power plants.

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submitted by John Cooper

cleanegroup.org

Summary:

Researchers from NREL and Clean Energy Group found that placing a monetary value on the ability of solar+storage to avoid losses during grid outages can significantly impact project economics and system design. Using data from Southern California Edison, researchers analyzed the economic case for solar+storage for three customer types (school, office building, and hotel) in Anaheim, California. In each case analyzed, larger PV and battery storage systems were found to be economical when the value of resilience is accounted for.

CLICK HERE - Valuing the Resilience Provided by Solar and Battery Energy Storage Systems

If the world is to end poverty in all its forms by 2030, we must boost resilience—in all its forms. This means the capacity to cope with shocks without major economic, social and environmental setbacks. Photo: Michael Atwood / UNDP

The Caribbean Climate-Smart Coalition seeks rapid implementation of US $8 billion climate investment plan that will transform regional energy system, build resiliency, drive economic growth and set a global example

undp.org - December 12, 2017

Paris, 12 December 2017 - The UN Development Programme (UNDP) announced its support to Caribbean leaders gathered today during the launch of a new public-private coalition to create the world's first "climate-smart zone" to support the parts of the region decimated by some of the most powerful hurricanes to ever cross the Atlantic in September.

The announcement came at the One Planet Summit hosted by French President Emmanuel Macron in Paris to review progress made on the Paris Agreement adopted by global governments two years ago today.