- “Coal Finished As Renewable Costs Crash” • Bloomberg just published another stark reminder of the shifting landscape for energy generation. Fossil fuels have a limited time as viable sources of energy, because of economics. Solar+Batteries are the “killer app,” extremely scalable once they reach an acceptable cost, and we are reaching it. [MacroBusiness]
- “Australia Could Aim For 700% Renewables, ARENA Boss” • Australia’s energy minister thinks having 20% of electricity come from solar and wind is too much. Labor wants to get to 50% by 2030. But Australia’s chief scientist, Alan Finkel is suggesting a figure of 700%, a goal supported by the Australian Renewable Energy Agency. [RenewEconomy]
- “Are Mortgage-Backed Securities Storm Proof?” • According to some investors, hurricanes and flooding pose a far larger threat than is being priced into mortgage securities. A key culprit may be outdated flood maps, meaning far fewer people are required to have flood insurance than are at risk, the investors and researchers say. [DSNews.com]
- “Ben & Jerry’s Maker To Slash New Plastic Use By Nearly 400,000 Tons Per Year” • Consumer goods giant Unilever, maker of Ben & Jerry’s and Dove, committed to halving its use of new plastic by 2025. Its goal is to use no more than 350,000 tonnes (386,000 tons) of new plastic each year by 2025, down from around 700,000 tonnes in 2018. [CNN]
- “Frito-Lay Ditches Diesel In Favor Of A Renewable-Powered Fleet At Its Modesto Facility” • PepsiCo is replacing the fleet of diesel freight vehicles that service its Frito-Lay plant in Modesto, California with zero-emission and near-zero emission vehicles. Frito-Lay is getting 15 Tesla class 8 trucks, 6 BYD class 6 trucks, a PV array, and a lot more. [CleanTechnica]
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