May 21 Energy News

May 21, 2021

Opinion:

¶ “Is The IEA Report A Tipping Point For Oil Investing?” • The demise of oil and thermal coal won’t come from eco-activism or even directly from renewable energy – it will come when big banks decide to stop financing it, rendering it ‘unbankable.’ And big financial companies like Goldman Sachs and BlackRock were already doing that before the IEA Report. [Oil Price]
Thanks to Tad Montgomery

Wall Street (Daniel Lloyd Blunk-Fernández, Unsplash)

¶ “No, We Don’t Need ‘Miracle Technologies’ To Slash Emissions – We Already Have 95%” • US Climate Envoy John Kerry and Bill Gates have indicated that solar, wind and batteries are not enough. But the facts do not support that argument. Solar power, wind power and batteries are already pushing coal an nuclear out of the market. [The Hill]

¶ “Ford, GM, And Volkswagen Help Elon Musk Realize His Secret Tesla Master Plan” • Ford, GM, Volkswagen are all starting to push EVs hard. That means competition for Tesla. So why is Elon Musk smiling? The reason is simple: an all-electric worldwide vehicle fleet is exactly what Elon Musk (and Tesla) had planned from the beginning. [CleanTechnica]

Elon Musk (Image courtesy of Tesla)

Science and Technology:

¶ “Zombie Fires Fuel And Are Fueled By Climate Change” • New research published in Nature found zombie fires – wildfires that continue to smolder under Arctic and sub-Arctic winter snows and reignite once the snow melts – are becoming more common as global temperatures rise due to humans’ extraction and use of fossil fuels. [CleanTechnica]

World:

¶ “Italy’s Exponential EV Market Growth Continues In April As Fiat 500e Reigns Supreme” • The official data for April show yet another month of exponential EV gains in the Italian market. The total market had 146,000 registrations, up from only 4,352 units amid strict lockdown. But now, pure internal combustion cars are only 54.7% of the market. [CleanTechnica]

Fiat 500e (Image courtesy of Fiat)

¶ “School Strike 4 Climate: Thousands Join Australia Protest” • Thousands of Australian children are walking out of school to go to protests, calling for action on climate change. Up to 50,000 students are expected at School Strike for Climate rallies across the country. Australia has long faced criticism for refusing to set more ambitious emissions targets. [BBC]

¶ “BMW Wants To Produce 10 Million Electric Vehicles By 2030” • BMW Group has set a goal of reducing its CO₂ emissions by over 200 million tonnes by the year 2030. BMW is focusing on reducing the CO₂ footprint of its vehicles throughout their lifecycle, starting with raw material extraction, in production, and on to use by the owner. [CleanTechnica]

Dr Nicolas Peter with the BMW i4 (Image courtesy of BMW)

¶ “Masdar Wins 400-MW Solar Double In Uzbekistan” • Masdar has won the rights to develop over 400 MW of solar power in Uzbekistan in a public-private partnership tender. According to the Uzbekistan Ministry of Energy, Masdar has secured deals for two solar PV plants in the Jizzakh and Samarkand regions of the country at rates near 1.8¢/kWh. [reNEWS]

¶ “Anglo-American JV Unveils 10-GW North Atlantic Offshore Plans” • Anglo-American company Hecate Independent Power has unveiled plans to build up to 10 GW of fixed and floating offshore wind in the North Atlantic to be connected to the UK grid. HIP said it made applications with National Grid for an initial 4 GW of grid connections. [reNEWS]

Offshore wind turbines (Herztier Kang, Unsplash)

¶ “Cornwall Council Sells Renewable Energy Site To Hexicon” • Cornwall Council has sold a renewable energy test site to a Swedish wind farm developer for an undisclosed sum. Hexicon, has bought the Wave Hub offshore renewable energy test site off Cornwall’s north coast. The Wave Hub site lies 16 km north of St Ives and Carbis Bay. [Falmouth Packet]

US:

¶ “Flooding From Climate Change Increased Superstorm Sandy Damage $8 Billion” • Human-caused climate change added $8 billion to the damage inflicted by Superstorm Sandy in 2012, new research published in Nature found. The additional flooding attributed to melting glaciers and ice sheets meant 71,000 more people were affected. [CleanTechnica]

Hurricane Sandy (GOES-13/NASA Earth Observatory)

¶ “Kuperberg Reinstated To Head Up US National Climate Assessment” • The Biden administration has reinstated climate scientist Michael Kuperberg to his old job coordinating the National Climate Assessment. The move came after he was exiled to the Energy Department by the previous administration just days after the 2020 election. [CleanTechnica]

¶ “Canoo Electric Lifestyle Vehicle Now Available For Preorder” • Now is the first time that consumers will be able to buy Canoo’s Lifestyle Vehicle, which is pretty exciting news. It has a sleek, futuristic design, seven seats, and a range of around 250 miles. It’ll be available from 2022 and will cost between $34,750 and $49,950 depending on features. [CleanTechnica]

Canoo Lifestyle Vehicle (Image courtesy of Canoo)

¶ “New York Car Dealers Are Fighting Against Coalition Of 114 Environmental Groups To Keep Tesla, Rivian, And Lucid Out Of The State” • New York is considering legislation (S1763/A4614) that would remove the restriction on direct sales of electric vehicles. That is, if it can summon the political will to overcome the objection of car dealers. [CleanTechnica]

¶ “GE Renewable Energy Secures Turbine Supply Agreement For Illinois Wind Project” • GE Renewable Energy has been selected to provide 107 of its 2.82-127 onshore wind turbines, the most widely deployed in the US, for the 302-MW Lincoln Land Wind project in Morgan County, Illinois. The project is expected to be completed this year. [North American Windpower]

Have an outrageously funny day.

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