- Time is running out for the world’s forests, warns a report by the UN agriculture agency. It urges fostering an all-inclusive approach to benefit both trees and those who rely on them. Halting deforestation, managing sustainably, restoring degraded forests, and adding tree cover all need action to avoid damaging consequences. [UN News]
- The Trump administration drafted a new proposal to regulate carbon dioxide emissions from power plants, but it is far less stringent than the climate plan formalized in 2015 by the Obama administration. The new proposal accepts, for now, the idea that CO2 is a pollutant, but it is likely to spur only small tweaks to the nation’s energy system. [The New York Times]
- Last year had the lowest share of total US energy consumption by fossil fuels in more than 100 years, but they still have an 80% market share. The Energy Information Administration found petroleum, natural gas, and coal use have been decreasing for the last three years. Coal especially has taken hits, the others are both down. [Daily Energy Insider]
- A coalition of seven Dutch political parties, with 113 out of 150 seats in parliament, unveiled a climate policy proposal that is breathtaking in its ambition. If it becomes law, it will codify the most stringent targets for greenhouse gas reductions of any country in the world, requiring the country to reduce carbon emissions by 95% by 2050. [Vox]
- Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. It announced it will not provide reinsurance to businesses with more than 30% exposure to thermal coal across all business lines. It is just the latest company to tighten the screws on the future of thermal coal. [CleanTechnica]
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Source: Green Events
July 7 Green Energy News