A renewed push to reduce the world’s carbon emissions has sparked excitement in many technologies and stocks, with no exception to carbon capture.
Wind Turbines are one of the cleanest energy production methods in existence today, but how do they work and what happens to the units when they are retired from use?
Andrew Wheeler, the Administrator of the Environmental Protection Agency re-introduced the Cleaner Trucks Initiative (CTI) at a livestock exchange in Marshall, Virginia earlier this week. The policy aims to reduce oxides of nitrogen, NOx, and other pollutants for highway heavy-duty engines by establishing more rigorous emission standards. Wheeler is calling for public participation in drafting the initiative through his issuing of an Advance Notice of Proposed Rulemaking.
Berkeley, CA is looking to make strides in the clean energy business. Currently, Berkeley is the only city in the United States that has implemented a ban of Natural Gas in residential and low-rise construction. This natural gas ban is falling in line with the current west coast trend to cut down on fossil fuel dependencies. According to Berkeley City Council member, Kate Harrison, natural gas accounts for 27% of the greenhouse gas emissions.
Over the past 18 months the coal-fired capacity outside of China has shrunk, but China continues to drastically increase the amount of coal-fired power plants, according to a study from Global Energy Monitor. China grew their coal-fired plants by 42.9 gigawatts (GW), while the rest of the world saw a decrease of 8.1 GW, averaging out to a net growth of 34.9 GW globally. While the country is a clean energy leader, the amount of coal usage has yet to slow. According to Global Energy Monitor, this large growth of coal is not compatible with the Paris Agreement’s plan to keep global warming to below 2 degrees Celsius.