India triples solar power capacity in three years

March 14, 2017 by  
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India’s solar power capacity has exploded over the past three years, growing from just 3,000 megawatts in 2014 to an installed capacity of 10,000 MW in 2017. And that’s just the beginning of the country’s solar ambitions, with a renewable energy target of 175 gigawatts as soon as 2022. India’s government is working to further its ambitious goal already, with more than 14,000 MW worth of solar projects in the works, and another 6 GW set to go to auction soon. India expects to add a total of 8.8 GW of further solar capacity in 2017. As Swarahya reports, this investment in solar power is aimed at addressing a growing demand for electricity in India. Projections peg the country’s power consumption at three times its current rate by 2030. The government’s recent national electricity plan says those needs could reach as much as 360 GW of total generation by 2022. The plan says that by developing renewable technologies like solar, wind, geothermal and hydroelectricity, the country can meet the growing demand while reducing environmental impacts. Related: New 2D perskovite cell could slash the cost of solar No doubt, reducing air pollution is also high in the minds of the Indian government. A report issued earlier this year showed that China and India are leading the way in deaths due to air pollution . The two countries experienced a combined 2.2 million deaths due to air pollution in 2015 . Via Swarahya Images via Pixabay and Flickr Creative Commons, jepoirrier

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India triples solar power capacity in three years

Why scientists are transporting ice from a mountain in Bolivia to Antarctica

March 14, 2017 by  
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As climate change imperils glaciers , scientists are scrambling to build a library of ice archives. Ice stores climate data from the past, but if it melts, that valuable information could be lost. A project called Protecting Ice Memory aims to extract ice from the Illimani Mountain in Bolivia and preserve it in Antarctica . The Illimani glacier’s ice can help scientists reconstruct 18,000 years of records. Rising temperatures – especially in the wake of the last El Niño – endanger that data, so in May, a team plans to scale the mountain to obtain three cores, two of which will be sent to a cave at the Concordia Research Station in Antarctica, where annual temperatures are currently around negative 65.2 degrees Fahrenheit. Even if temperatures warm a few degrees, the samples should be safe in this natural freezer. Related: 50,000 new seeds deposited in Arctic Circle’s Svalbard Global Seed Vault It won’t be easy. The Illimani glacier is almost four miles above sea level. The summit isn’t accessible by helicopter, so the scientists must go up on foot. The team will camp partway up Illimani for a few weeks to acclimatize. Then local porters will tote their 4,500 pounds of equipment to the summit, and it will take another few weeks to install all that equipment. It will take two to four days to extract each one of the three ice cores. Then they’ll need to walk back down the mountain to ship the samples out – two to Antarctica and one to France to study. Patrick Ginot, a Protecting Ice Memory leader, told Fast Co.Exist, “We’re really close to losing the site. It’s really an emergency to extract the ice cores before another warm event will happen…The logistics are complicated to bring it to South Antarctica, but once it’s there, it’s safe.” Protecting Ice Memory has already gathered ice from the Col du Dôme glacier in the Alps’ Mount Blanc. The researchers will collaborate with an international team to obtain ice cores from other locations around the world and develop a library of ice archives possessing dozens of samples for future researchers. Via Fast Co.Exist Images via Wikimedia Commons ( 1 , 2 )

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Why scientists are transporting ice from a mountain in Bolivia to Antarctica

Trump’s press secretary indicates the Dakota Access Pipeline will proceed

January 24, 2017 by  
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Hundreds of thousands of people protested the Dakota Access Pipeline last year in North Dakota, and were joined by people from around the world. But it appears President Donald Trump doesn’t care that thousands of people made their voices heard on Native American rights; his press secretary just indicated the president may move forward with the controversial oil pipeline . The United States Army Corps of Engineers denied Energy Transfer Partners the permit they required to keep working on the Dakota Access Pipeline near the North Dakota Standing Rock Sioux reservation in December. Army Assistant Secretary for Civil Works Jo-Ellen Darcy said they would “explore alternate routes” for the pipeline that was set to extend through North Dakota, South Dakota, Iowa, and Illinois. Related: Trump officially supports completing the Dakota Access Pipeline, but it has “nothing to do” with his investment But the new Press Secretary Sean Spicer hinted the White House wants to plunge forward with the pipeline. In a press conference, Spicer said, “I will tell you that areas like the Dakota and Keystone pipeline areas that we can increase jobs, increase economic growth, and tap into America’s energy supply. That’s something that he’s been very clear about.” It seems Trump views natural resources as supplies America should consume instead of conserve. Spicer said, “The energy sector and our natural resources are an area where I think the president is very, very keen on making sure that we maximize our use of natural resources to America’s benefit. It’s good for economic growth, it’s good for jobs, and it’s good for American energy.” Lawmakers also appear confident Trump will move forward on the pipeline. North Dakota Republican representative Kevin Cramer told a Fargo radio station it’s possible for Trump to cancel the Environmental Impact Study Obama ordered that helped lead to the permit denial. Cramer said, “I expect [the EIS] will be rescinded quickly, that the easement [to drill under Lake Oahe] will be ordered and issued, you know, maybe as early as Monday. And I would expect that Dakota Access could begin finishing that line within a week.” According to The Independent, Trump still held an under $50,000 stake in Energy Transfer Partners last year, although his campaign said his stance on continuing the pipeline had nothing “to do with his personal investments and everything to do with promoting policies that benefit all Americans.” Via The Independent Images via Fibonacci Blue on Flickr and screenshot

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Trump’s press secretary indicates the Dakota Access Pipeline will proceed

With a record $1.4 trillion in sustainability assets, investors bail on fossil fuels

January 10, 2017 by  
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Giant funding for clean technology, paired with the plummeting prices of renewables, paint a bright picture for a low-carbon energy future.

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With a record $1.4 trillion in sustainability assets, investors bail on fossil fuels

Institutional investors back new solar

May 10, 2016 by  
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Traditional banks, insurance companies, pensions and funds representing $60 trillion in assets declare to support a trillion dollar investment in solar.

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Institutional investors back new solar

Do financial services firms only monitor the tip of the iceberg?

February 3, 2016 by  
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Many investors are unable to conduct due diligence. Here’s what can be done about it.

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Do financial services firms only monitor the tip of the iceberg?

Investment legend KKR champions environmental innovation

January 21, 2016 by  
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Firm seeks eco innovations among portfolio companies like ag-tech startup Sundrop Farms.

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Investment legend KKR champions environmental innovation

Clean energy tax break extension fuels hopes for boom

December 23, 2015 by  
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Analysts predict a massive wave of new investment will be unleashed after Congress approves a multi-year extension for crucial tax breaks.

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Clean energy tax break extension fuels hopes for boom

Banks shift billions and billions into clean energy

November 10, 2015 by  
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Clean energy financing to the tune of $150 billion by Goldman Sachs, $100 billion by Citi, $62 billion by Wells Fargo — is starting to add up to real money.

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Banks shift billions and billions into clean energy

What’s fundamentally reshaping business? Look to high school chemistry

November 10, 2015 by  
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More than the planetary climate is shifting. Here’s how we’re reaching a transformational point when it comes to sustainability.

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What’s fundamentally reshaping business? Look to high school chemistry

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