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Canada played an important behind-the-scenes role in prodding the International Energy Agency to develop its landmark Net-Zero by 2050 pathway, while the Trump administration would have been in a position to exert outsized influence on the IEA’s...
After Texas Crisis, Biden’s Climate Plan Hangs on Fragile Power Grid Bloomberg 2/22/2021 Brian Eckhouse (Bloomberg) -- The millions of people who struggled to keep warm in Texas, with blackouts crippling life inside a dominant energy hub, have laid bare the desperate state of U.S. electricity grids. To fix nationwide vulnerabilities, President Joe Biden will have to completely reimagine the American way of producing and transmitting electricity. Popular Searches Biden wants to overhaul the nation’s grids so they derive all electricity from carbon-free sources ...
Publishing date: Feb 21, 2021 • February 22, 2021 • 3 minute read • Article content (Bloomberg) — Like a cold-blooded animal–a lizard or a snake–the petrochemical hub that is the state of Texas went dormant during the deep freeze. Eventually, it’ll wake up again, and when it does the damage will be worse than if it never went to sleep. Filings submitted in recent days to the Texas Commission on Environmental Quality, or TCEQ, already show significant emissions related to stopping and restarting fossil fuel infrastructure. It’s an indication of what’s to come in...
Author of the article: Eric Roston and Will Wade Publishing date: Feb 14, 2021  â¢Â February 14, 2021  â¢Â 3 minute read  â¢Â Article content (Bloomberg) â Nobel laureate Joseph Stiglitz and Lord Nicholas Stern published a paper on Monday excoriating the U.S. governmentâand many of their own peers in economicsâfor methods used to estimate the cost of climate change. The warning from two influential economists that policymakers are understating the looming damage from warming temperatures comes just days before President Joe Bidenâs ...
The World Is Moving Toward Net Zero Because of a Single Sentence Eric Roston, Bloomberg News Emissions rise from cooling towers at the Jaenschwalde lignite fired power plant, operated by Lausitz Energie Bergbau AG (LEAG), beside a lake at night in Peitz, Germany, on Monday, Sept. 16, 2019. Policies being hammered out in Germany to slash carbon emissions may cost 40 billion euros ($44 billion) over the next four years, underscoring the wide scope of Chancellor Angela Merkel's plans to boost climate protection. Photographer: Krisztian Bocsi/Bloomberg ...