Henry Harrell"s Blog: September 29 Green Energy News

Headline News:

“Dozens Arrested At Protest Outside New England’s Largest Coal Power Plant, In Bow, NH” • Nearly 70 people were arrested during a protest at a coal-fired power plant in Bow Saturday. The activists had marched onto the grounds of Merrimack Station, the largest coal-burning facility left in New England that is not set to retire. [New Hampshire Public Radio]

Activists at Merrimack Station (Annie Ropeik | NHPR)

“Why Vladimir Putin Suddenly Believes In Global Warming” • Some Russians have seen climate change as a “good thing,” with new opportunities for commerce, shipping, and exploration for petroleum sources. But the melting of permafrost poses a huge threat to Russia’s heartlands, as the thawing ground cannot bear the weight of infrastructure. [Bloomberg]
“Big Banks Are Shifting Mortgages Made Riskier By Climate Change Onto Taxpayers” • New research first reported by The New York Times suggests banks are shifting mortgages made riskier by the climate emergency over to financial institutions backed by US taxpayers, a finding that echoes the subprime lending crisis of 2008. [Truthout]
“Solar, Wind Are Now Cheaper Than Coal In Most Of The World” • Bloomberg reported this week on the once unthinkable phenomena of solar and wind subsidies disappearing across the world because the industry has outgrown the need for them. The costs of electricity from renewable resources has dropped below the cost from coal. [OilPrice.com]
“China struggling to kick its coal habit despite Beijing’s big climate pledges” • Even as China reiterated its commitment to reducing emissions last week in New York, earlier this month at least three large, new coal-fired power stations appeared to be either operating or under construction in Inner Mongolia in northern China. [CNN]

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