- “Wind Capacity Grows By Over 60 GW In 2019” • Global wind energy capacity increased by over 60GW in 2019, making it the second highest year for new installations, according to a report from the Global Wind Energy Council. The 15th edition of the “Global Wind Report” said year-on-year growth in 2019 was 19%, with 60.4 GW installed. [reNEWS]
- “Coal power remains in global decline, despite Chinese surge” • The impact of coronavirus has prompted a surge in coal-fired power plant construction permits in China, with the government issuing more permits in a couple of weeks of March than it did all of last year. However, would-be developers are having difficulty finding financing. [The Sydney Morning Herald]
- “Nature Is Trying To Tell Us Something. Is There Anybody Listening?” • The coronavirus has upended our society. The head of the Federal Reserve predicts a 50% reduction in America’s GDP in the 2nd and 3rd quarters of this year with unemployment of 30% or more. Meanwhile, President Trump is pushing for the pandemic to be over by Easter. [CleanTechnica]
- “This Giant Glacier In Antarctica Is Melting, And It Could Raise Sea Levels By Five Feet, Scientists Say” • In the last 22 years, one giant glacier in Antarctica has retreated almost three miles. If it fully thaws, sea levels would rise almost five feet, according to researchers at the University of California, Irvine and NASA’s Jet Propulsion Laboratory. [CNN]
- “Coal’s Demise Is Fueling A Wave Of Green Energy Solutions” • In Europe, the US, and China, renewables are now cheaper than coal – by a lot. And now, the industry is facing another challenge: COVID-19. The slow and painful death of the coal industry is creating some interesting new opportunities for investors in green energy solutions. [OilPrice.com]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.