October 27 Energy News

October 27, 2019

Opinion:

¶ “There May Be No Industry With More At Stake With An Elizabeth Warren Presidency Than Energy” • It’s been a tough market for energy stocks as global oversupply and falling oil prices have pressured companies’ bottom lines, and it could be about to get worse. Sen Elizabeth Warren’s energy plan is seemingly already having effects. [CNBC]

Elizabeth Warren in Aiken, SC (Sean Rayford | Getty Images)

¶ “Yes, Reversing The Climate Crisis Will Be Profitable” • Ibrahim AlHusseini, is the founder and CEO of the investment firm FullCycle Energy Fund, which aims to scout and back those companies most likely to solve the climate crisis. Sierra recently sat down with him to learn more about the private sector’s power to reverse the planetary crisis. [Sierra Magazine]

¶ “Rising Waters Bring Tough Choice: Fight Or Flight” • Fight or flight. That’s the dilemma people living at water’s edge face as a hotter climate pushes Puget Sound and nearby rivers higher. Fleeing to higher, drier ground can be wrenching, while digging in and trying to hold the waters back can be costly, or even dangerous. [KUOW News and Information]

Science in a salt marsh (Photo credit: John Ryan | KUOW)

Science and Technology:

¶ “How Illinois Scientists Are Perfecting The Analysis Of Past Climate Change” • To understand how the climate will change in the future, a professor at the University of Illinois is developing understanding of how climate has changed in the past. He studies isotopes in the structure of ancient coral to see how they show effects of a changing climate. [Big Ten Network]

World:

¶ “India Directs Government Companies To Buy Renewable Energy” • The Indian government has directed public sector companies to increase investment in renewable energy. The government-owned companies have been directed to either sign power purchase agreements to buy renewable energy or set up power projects on their own. [CleanTechnica]

Wind turbines (Image: Zach Shahan | CleanTechnica.com)

¶ “Total Targets 25 GW Renewable Energy Capacity By 2025” • The CEO of French oil major Total, said in an interview that by 2025 Total wants to have global installed capacity of 25 GW in renewable energy power. He said Total invests about $1.5-2 billion per year in low-carbon electricity, which is more than it invests in oil and gas exploration. [ETEnergyworld.com]

¶ “Britain Pushes Towards Coal-Free Future As Old Power Plants Come Crashing Down” • This year, Britain has gone its longest stretch since the 1880s without using coal to keep the lights on. National Grid, which supplies electricity to England, Scotland and Wales, says coal is “quickly becoming an irrelevance” in Britain. [ABC News]

Coal mine (Phil Noble | Reuters)

¶ “Extinction Rebellion Bring Protest Groups Together Against Sizewell C Plans” • A protest planned to take place near the Sizewell nuclear plant was thwarted when EDF arranged for metal barriers and security staff to occupy an access road to the site. Undaunted but remaining peaceful, the protest was moved to a nearby location. [East Anglian Daily Times]

US:

¶ “Kincade Fire: Mass Blackout Begins Amid California Wildfires” • In California, power cuts expected to affect more than two million people have begun as fires in that state continue to grow. Pacific Gas & Electric initiated the precautionary blackout due to forecasts of extreme winds. it is expected to be the largest in state’s history. [nbnews24]

Wildfire in California (AFP)

¶ “Hyundai To Begin Autonomous Electric Shuttle Service In Irvine, California Next Month” • Hyundai says it will invest $35 billion in autonomy and advanced vehicle technology by 2025. The South Korean automaker said it is partnering with Pony.ai and Via to offer an autonomous shuttle service called BotRide in Irvine, California. [CleanTechnica]

¶ “Chuck Schumer Has A Plan To Boost Electric Car Sales: Massive Rebates” • Chuck Schumer has a plan to offer consumers large rebates if they switch from a gasoline powered car to an electric car. The catch is that the cars purchased have to be assembled in the US by American workers using predominantly US-made parts. [CleanTechnica]

Have an exuberantly joyful day.

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