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Wind n Sun are now cheaper/better than Coal, NatGas, etc

BySustainMe

By now you probably knew it was happening, but you probably didn’t realize how much and how fast. If you figure subsidies, Solar and Wind are a slam-dunk powerful option. Wind prices have been dropping fast and solar has been dripping like lead… Solar prices have dropped about 86% over the last 8 years. Check out the latest 2018 report by Lazard. Note that they also analyze renewables with storage (batteries). The Solar incentives make the…

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Contura Coal Goes Public — jumping off of the coal train!

BySustainMe

Contura Energy is going public. (CTRA). On the one hand, they have a lot of metallurgical coal; on the other hand it seems like a rather bad investment — especially long-term. All the proceeds will go to buy out existing stock holders. Existing shareholders are based on creditors… Alpha Resources went bankrupt and the Contura Energy company rose out out of the ashes.  (After Peabody went bankrupt also in 2016, about half of US coal…

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Trump of Sustainability – Paul Bunyan tromps again!

BySustainMe

Sustainability efforts take a big hit with the Trump election to president. Some forces are bigger than he, however. Congress didn’t act on most things sustainable-ish, so much of the Obama efforts have been by executive order and by regulations. The EPA on coal, for example. The right way to regulate emissions in general — and fossil fuels specifically — is by a carbon tax (or cap n trade). With a carbon tax, then all…

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ECO:nomics | The Wall Street Journal

BySustainMe

ECO:nomics | The Wall Street Journal: The WSJ’s big forum on ECOnomics seems to have been a great learning and sharing session for divergent ideas on how to blend economic growth/development with environmental needs. A special report in the WSJ on Wed, April 13, 2016 offers several takes and interviews covering the spectrum of associated topics. A couple base statistics are that coal generated electricity has dropped from half of all US generation to less…

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What just happened in solar is a bigger deal than oil exports

BySustainMe

What just happened in solar is a bigger deal than oil exports: Interesting how the BIG move in solar/wind in the USA is so tied to subsidies. At least for the next 5 years. But, soon, especially with the volume of growth encouraged by the subsidies, there will no longer be a need for subsidies. The really big loser all around is (dirty) coal. Once the health and environmental costs of coal are factored in,…

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Climate Leadership | Climate Leadership Plan | Alberta.ca

BySustainMe

Climate Leadership | Climate Leadership Plan | Alberta.ca: WOW. On the eve of the humongous climate meetings in Paris next week (week after Thanksgiving in USA), Canada has stepped up to the plate on addressing climate changes. Alberta is the home of Coal and Oil Sands: two of the great game changers in addressing pollution in general and Greenhouse Gas emissions (GHG). There are several reports, but one is to simply charge a tax per…