Note: We often hear that “the clean energy transition needs to happen at an unprecedented speed and scale.” Well, how much will is cost? BloombergNEF has done the calculations and found that the need is $34 trillion by 2050. BNEF reported that global investment in the low-carbon energy transition surged 17% in 2023 to $1.8 trillion, but it concludes that the pace of this spending needs to accelerate.
The insurance turmoil caused by climate change — which had been concentrated in Florida, California and Louisiana — is fast becoming a contagion. In 2023, insurers lost money on homeowners coverage in 18 states, so insurance companies are raising premiums by as much as 50 percent or more, cutting back on coverage or leaving entire states altogether.
A major new study published in Nature Communications offers reassurance that carbon taxes really are effective. This meta-analysis of 80 evaluations of 21 carbon pricing policies around the world finds at least 17 of those policies “yielded immediate and substantial emission reductions” ranging from 4% to 15%, despite low carbon prices in most cases.
The summer of 2023 was exceptionally hot. Scientists have already established that it was the warmest Northern Hemisphere summer since around 1850, when people started systematically measuring and recording temperatures.
Now, researchers say it was the hottest in 2,000 years, according to a new study published in the journal Nature that compares 2023 with a longer temperature record across most of the Northern Hemisphere.
As Donald Trump sat with top oil executives at Mar-a-Lago last month, one executive complained about burdensome environmental regulations. Trump stunned several of the executives: “You all are wealthy enough,” he said, “that you should raise $1 billion to return me to the White House.” He vowed to reverse dozens of environmental rules and policies
Editor’s Note:This has a bit of “nerdy” detail, but it pretty accessible, I think.
CCL doesn’t lobby executive orders or regulatory rules. We only lobby legislation. So, none of this is directly applicable to today. But is really good background information about the state of the grid, the backlog of clean energy projects that slow grid upgrades are impeding and the issues involved in speeding things up — primarily deciding “who pays.”
Editor’s Note: Here’s a good example of a VERY EARLY technology. First, it’s puny — 36 thousand tons of CO2. That’s right, thousands. Not megatons or gigatons. Secondly, the cost is $1,500 per ton. That’s…
The Hamilton Project (THP) at the Brookings Institution and the Stanford Doerr School of Sustainability will host an event exploring the roadblocks and tradeoffs that policymakers need to confront in order to create a resilient and clean electricity grid. Even as the federal permitting process has become more efficient, the fragmented governance of the grid has …
In a continued effort to expedite the build out of a resilient and reliable electric grid, today the U.S. Department of Energy (DOE) released a preliminary list of 10 potential National Interest Electric Transmission Corridors (NIETCs) to accelerate the development of transmission projects in areas that present an urgent need for expanded transmission.
![[Yale Climate] US Climate Opinon Factsheet Map Tool Updated](https://cclnv.org/wp-content/uploads/2024-05-08_12-33-42-300x201.png)
The factsheets include 22 key measures of public climate change knowledge, attitudes, policy support, and behavior for each of the 50 states, 271 congressional districts*, and 3,142 counties.
The online tool allows you to tailor-make your own factsheet in English or Spanish by selecting the geographic location and the specific measures you’re interested in.
“At more than a dozen tide gauges spanning from Texas to North Carolina, sea levels are at least 6 inches higher than they were in 2010 — a change similar to what occurred over the previous five decades.” (This eports on a major investigation by the Washington Post.)
The rules announced Tuesday could help to more quickly carry out Mr. Biden’s signature climate law, the 2022 Inflation Reduction Act. Analysts say it could be difficult to fully realize the benefits of the law if, say, the construction of transmission lines needed for renewable energy or electric vehicle charging stations is bogged down in the permitting process.
