- “Judges Give Both Sides A Grilling In Youth Climate Case Against The Government” • In the case of Juliana v United States, three federal judges heard arguments about whether young people have a constitutional right to be protected from climate change. They pushed skeptically on the arguments of both sides of the issue. [The New York Times]
- “Wall Street Issues ‘Peak Car’ Warning” • A number of Wall Street cognoscenti have begun warning that the world has reached the “peak car” point. Last week, John Murphy, managing director of Bank of America, told a conference, “The industry is right now staring down the barrel of what we think is going to be a significant downturn.” [CleanTechnica]
- “Renewable Hydrogen Getting Cheaper, Australia Could Lead Global Market” • Some of Australia’s leading energy experts say that renewable hydrogen is beginning to reach cost parity with some fossil fuel equivalents. Hydrogen could emerge as a high potential export industry for Australia, worth tens of billions of dollars. [RenewEconomy]
- “Chile’s Cheap Power – Sign Of A Solar Future?” • In Chile, Spain’s Solarpack Corp Tecnologica has begun installing the solar panels at its Granja Sola plant. The plant is due to be online by the end of this year. When it is, it will become the cheapest generator of electricity anywhere in the world, at $29.10/MWh, or 2.91¢/kWh. [Forbes]
- “Climate Change Will Cost Companies $1 Trillion. It Also Means Huge Opportunities” • A CDP study says that climate change is likely to cost the world’s largest public companies nearly $1 trillion over the next five years. But the opportunities for new products and services to reduce environmental damage could be worth much more. [CNN]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
Source: Green Events
June 5 Green Energy News