- Bonneville Power Administration, which supplies power in the Northwest, has seen lower demand for power from public utilities and major industrial customers, which all have been working to increase energy conservation. While sale revenue has sagged, BPA operating costs have increased, so retail rates are expected to increase. [The Seattle Times]
- According to data released today by the Institute for Local Self-Reliance, Walmart’s climate emissions continue to rise. This is after Walmart pledged to become more of an environmental leader. ILSR says the company scaled back its renewable power projects here in the US. Its clean energy projects fell 16% since 2013. (Video) [WHAG]
- “Why you’re about to pay through the nose for power” • Ever since Australia’s carbon tax was removed, power prices have only headed one way – upwards. Investment in renewable energy plummeted at just the time the power industry began to make good on its plans to mothball its antiquated coal-fired generators. Now, Australia has a supply shortage. [ABC Online]
- AP7, Sweden’s largest pension fund, has been at the forefront of the fossil fuel divestment movement for some time. A year ago, it sold off its holdings in 11 coal companies and 8 oil and gas production companies. Last week, AP7 announced that it is continuing divestment. It is selling its shares in ExxonMobil and TransCanada. [CleanTechnica]
- Fractured roads, shattered rail links, ruined wells, and broken power lines are facts of life for many communities in Asia and the Pacific, even as countries invest more than ever to improve infrastructure. Increasingly, climate change is the culprit. Its impacts include erosion, encroaching salinity, and increased natural disasters. [The Sunday Times Sri Lanka]
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