To green the grid, we must adopt a strategy of meeting our energy needs with low-cost renewable wind and solar resources. The obvious question is how to resolve the intermittency issue (what happens when the wind doesn’t blow or the sun doesn’t shine). Solving this problem is a necessary ingredient for “saving the planet.”
In recent years, we have seen recent studies all overwhelmingly point out that if there is no dramatic change in reducing carbon emissions, there will be consequences for our economy.
Climate change is Risky Business, according to a bi-partisan report released recently. Former New York Mayor Michael Bloomberg, billionaire renewable energy advocate Tom Steyer, and George W. Bush’s former Secretary of the Treasury Henry Paulson commissioned the report. Risky Business is similar to Nicholas Stern’s groundbreaking analysis in 2006, which discussed … [continued]
Another day, another study on why delaying action on climate change is not a good thing. Reuters reported yesterday that a newly published report in Nature finds that an international price on carbon at $20 per ton now would give close to a 60% chance of cutting global warming below … [continued]
