October 29 Green Energy Times

Headline News:

  • Park City, Utah is the latest American city to pledge to turn to 100% renewable energy, setting 2032 as its deadline. Boulder, Colorado, San Francisco and San Diego, California, Georgetown, Texas Grand Rapids, Michigan, and other cities have already committed to the cause. With congress failing to act, cities are leading the way. [Off-Grid]
Park City Transit Center (photo by An Errant Knight, CC BY SA, Wikimedia Commons)

Park City Transit Center (photo by An Errant Knight, CC BY SA, Wikimedia Commons)

  • “7 Solutions to the Climate Crisis” • With the Paris Agreement becoming official on November 4, we finally have the framework to fight climate change. We have the tools and technology to shift away from fossil fuels to clean energy, affordably and effectively. In case you want proof, here are seven reasons to be hopeful. [EcoWatch]
  • Exxon Mobil Corp warned it may be facing the biggest reserves revision in its history as production sank to a seven-year low and profit slid amid a prolonged slump in energy markets. About 4.6 billion barrels of reserves, mostly in the Canadian oil sands, may be in jeopardy if the average energy prices for 2016 persist. [Energy Voice]
  • Danish energy giant DONG Energy has confirmed rumors that it is investigating the sale of its oil & gas business, and that JP Morgan has been contracted to conduct a preliminary market assessment. DONG had already divested itself of its Danish gas business and is has been concentrating on offshore wind power. [CleanTechnica]
  • For the first time, renewable power has surpassed coal, according to the International Energy Agency’s Medium-Term Renewable Market Report. It says renewables have become the largest source of new installed power capacity in the world in 2015, exceeding coal power. This is largely due to growing solar and wind power. [Nature World News]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

October 29 Green Energy Times posted first on Green Energy Times


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