Gresham’s Law says that bad money drives out good. If you have two coins with a face value of $1, you will spend the bad one that contains 25 cents’ worth of metal and stash away the good one that contains $1 worth of metal.
Something like Gresham’s Law is at work in the carbon offset market, which was set up to fight climate change. Bad carbon credits are driving out good carbon credits.
“Our demands will be more powerful if we are focused with consistent messaging. There is currently a lot of momentum towards a Carbon Fee And Dividend through the CCL student led CFD Movement.”
The nation’s most ambitious climate law will drive steep carbon emissions cuts in the power and transportation sectors by 2030, but its impact is more muted in other key areas of the United States economy, a recent report from independent research firm Rhodium Group finds.
Note: This Wall Street Journal article concludes that the future of renewables is still bright. But recent policies that make it harder and more costly to import solar panels [from China and Germany] add costs. “Rising interest rates, labor costs and delays in permitting or getting projects hooked up to the power grid have made building solar and wind projects more expensive.”
In the first ruling of its kind nationwide, a Montana state court decided Monday in favor of young people who alleged the state violated their right to a “clean and healthful environment” by promoting the use of fossil fuels. The court determined that a provision in the Montana Environmental Policy Act has harmed the state’s environment and the young plaintiffs, and is, accordingly, unconstitutional.
If you’ve been listening to the world’s major energy companies over the past few years, you probably think the clean energy transition is well on its way. But with fossil fuel use and emissions still rising, it is not moving nearly fast enough to address the climate crisis. In June, Shell became the latest of the big oil companies to curb plans …
For those of you who like Nerd Corner on community, this newsletter give deep insights into a host of climate matters – this one addresses Extreme Heat Events, Fewer Humans Will Die, Animal Extinctions, AMOC, How to Reflect the Sun, Ocean Fertilization, Seaweed Farming, and more/
A similar energy transition is already well underway in Europe and elsewhere. But the United States is catching up, and globally, change is happening at a pace that is surprising even the experts who track it closely. Wind and solar power are breaking records, and renewables are now expected to overtake coal by 2025 as the world’s largest source of electricity.
In response to House Speaker Kevin McCarthy’s proposal to plant a trillion trees, Maxine Joselow of The Washington Post wrote an article that included our analysis from the En-ROADS simulator.
The next time someone objects that investing in the transition will cost a lot of money, you can share this and other “hard economic” numbers — the heat imposes REAL costs not to mention the damage done to property, health and general well-being
from The Guardian It often seems that people are searching harder for evidence we’re defeated than that we can win by Rebecca Solnit Wed 26 Jul 2023 Stanford engineering professor and renewable energy expert Mark…
from lasvegassun.com By Rhiannon Saegert | Jul. 13th, 2023 By Rhiannon Saegert (contact) Thursday, July 13, 2023 | 2:30 p.m. Clark County residents decried the proposed path of power lines through the Tule Springs Fossil Beds National…
