Headline News:
- One farmer in Georgia said the past two years brought the worst weather he has ever seen. There were catfish in his corn fields one year and drought the next. Until recently, he hadn’t considered global warming too deeply. He is paying attention now, as climate scientists are predicting increasingly difficult weather. [Chattanooga Times Free Press]
- “Myths and facts to know ahead of Rick Perry’s study on the electrical grid and renewable energy” • Energy Secretary Rick Perry ordered his department to produce a study on whether shifting to renewable energy affects grid reliability. Many experts believe the study is intended to be biased in favor of fossil fuels and nuclear power. [Salon]
- In his farewell earnings report, Jeffrey Immelt ended his 16-year tenure as CEO of GE by telling investors that GE’s earnings are likely to be disappointing the rest of this year. The culprit: sputtering energy markets. Oil has become a source of headaches for GE investors since the company put billions into that sector. [Bloomberg]
- Solar prices have fallen 73% in India since 2010. Renewable energy could generate 49% of electricity in India by 2040 because more efficient batteries will provide flexibility of use and boost the reach of renewables, cutting the cost of solar energy by a further 66% over current costs, according to a Bloomberg report. [Hindustan Times]
- According to an alternative environment-friendly power generation proposal, the price of electricity in Bangladesh in 2021 could be Tk7.65/kWh (9.49¢/kWh), as opposed to the government’s projected price of Tk11.56/kWh (14.34¢/kWh). Implementation the draft alternative proposal would save $19 billion from 2016 to 2041. [The Daily Star]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
July 23 Green Energy News posted first on Green Energy Times
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