- Mon May 28, 2018 8:56 am
#103899
Climate change a fake? How come the military, most other nations and now Moodys is preparing for the effects of climate change.
https://www.npr.org/2017/12/01/56784360 ... ium=social" onclick="window.open(this.href);return false;
https://www.npr.org/2017/12/01/56784360 ... ium=social" onclick="window.open(this.href);return false;
One of the largest credit rating agencies in the country is warning U.S. cities and states to prepare for the effects of climate change or risk being downgraded.https://reneweconomy.com.au/a-100-renew ... 6-40449593" onclick="window.open(this.href);return false;
In a new report, Moody's Investor Services Inc. explains how it assesses the credit risks to a city or state that's being impacted by climate change — whether that impact be a short-term "climate shock" like a wildfire, hurricane or drought, or a longer-term "incremental climate trend" like rising sea levels or increased temperatures.
Also taken into consideration: "[communities] preparedness for such shocks and their activities in respect of adapting to climate trends," the report says.
The ongoing debate around whether it’s feasible to have an electric grid running on 100 percent renewable power in the coming decades often misses a key point: many countries and regions are already at or close to 100 percent now.
According to data compiled by the U.S. Energy Information Administration, there are seven countries already at, or very, near 100 percent renewable power: Iceland (100 percent), Paraguay (100), Costa Rica (99), Norway (98.5), Austria (80), Brazil (75), and Denmark (69.4).
The main renewables in these countries are hydropower, wind, geothermal, and solar.
A new international study, which debunks many myths about renewable energy, notes that many large population regions are “at or above 100%” including Germany’s Mecklenburg-Vorpommern and Schleswig-Hostein regions, New Zealand’s South Island, and Denmark’s Samsø island. In Canada, both Quebec and British Columbia are at nearly 100 percent renewable power.
Last summer, China’s State-run Xinhua News Agency reported that “Qinghai Province has just run for seven straight days entirely on renewable energy … only wind, solar and hydro.” This was part of a test by the country’s State Grid Corporation to show a post-fossil-fuel future was practical.
Bloomberg New Energy Finance (BNEF) has projected that by 2040, Germany’s grid will see nearly 75 percent renewable penetration, Mexico will be over 80 percent, and Brazil and Italy will be over 95 percent.
