Headline News:
- Patricia Espinosa, executive secretary of the UN Framework Convention on Climate Change, said we need to invest trillions protecting ourselves from the impacts of climate change. She said, “Trying to address climate change at current financing levels is like walking into a Category 5 Hurricane protected only by an umbrella.” [Rappler]
Child in typhoon floodwaters (File photo by IFRC)
- Just six weeks ago, VW boss Matthias Müller stunned the automotive world when he revealed the company had placed orders for EV batteries and components worth a total of $25 billion. Now, VW has a new head man, Herbert Diess, who told investors at the annual meeting that VW has signed orders for almost double that. [CleanTechnica]
- The demand for wind energy surged through the first quarter of 2018, pushing the country’s wind development pipeline to over 33 GW, the American Wind Energy Association said. The AWEA has tracked new announcements of over 5,500 MW. This represents a 40% year-over-year increase over the same quarter last year. [CleanTechnica]
- Vermont regulators are reducing the financial incentives for electric customers who install renewable energy systems and get a credit on their electric bills for the power they provide power to the grid. The Vermont Public Utility Commission said the reduction was needed to balance the program’s impact on electric rates. [Valley News]
- New York Governor Andrew Cuomo has announced a ban against offshore drilling and exploration. The Governor’s action to protect New York’s waters from oil and gas exploration was prompted by the Trump administration’s plan to vastly expand offshore drilling in American waters of the Atlantic and Pacific oceans. [White Plains Daily Voice]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
May 5 Green Energy News posted first on Green Energy Times
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