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Headline News:
- “EU’s Guidance For Carbon Price Through 2050 Is Staggering” • Pricing carbon aggressively is a conservative, market-oriented fiscal policy that puts costs on negative externalities, following in the well-precedented paths of pricing tobacco and alcohol. The US and Canada aren’t pricing carbon high enough. Europe is doing it the best. [CleanTechnica]
Retired oil rigs (Ben Wicks, Unsplash, cropped)
- “‘Staggering’ Green Growth Gives Hope For 1.5°C, Says Global Energy Head” • The prospects of the world staying within the 1.5°C limit on global heating have been made brighter in the past two years owing to the “staggering” growth of renewable energy and green investment, according to Fatih Birol, the chief of the world’s energy watchdog. [The Guardian]
- “Techno-Fixes To Climate Change Aren’t Living Up To The Hype” • The IEA updated its road map for the energy sector to reach net-zero greenhouse gas emissions by 2050. It doubles down on the need to switch to renewable energy swiftly while minimizing the use of technologies that are still unproven, such as carbon capture and hydrogen fuels. [The Verge]
- “EV Penetration Exceeds 30% In Four California Counties” • According to registration data used as a proxy for sales, there were four counties in the US with EV market penetration above 30% last December, all in California. Santa Clara County stood highest at 35%, Marin County was at 34%, and Alameda and San Mateo Counties were at 32% each. [CleanTechnica]
- “Deloitte Report Details Importance Of Energy Storage To US Power Grid” • A new report from Deloitte, “Elevating the role of energy storage on the electric grid,” provides a comprehensive framework to help the power sector navigate renewable energy integration, grid flexibility and reliability, and electrification and decentralization support. [POWER Magazine]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
