Green Lights June 23: Top stories this week
Don't miss a single story: The best from Callaway Climate Insights
. . . . Welcome to Green Lights, our weekly roundup of the best of Callaway Climate Insights. This week, the news is taking an upward turn: President Joe Biden’s campaign is trying to maintain climate momentum; Mark Hulbert looks at a successful investor with a positive view of the renewable energy transition; and eight northeast states are trying to get their act together by forming an electric transmission collaborative. Here are the highlights in a simple and convenient format that makes it easy for our readers. It’s also easy to subscribe.
. . . . Despite President Joe Biden’s campaign gearing up to go big on infrastructure and climate transition, an overhaul of fossil fuel production is not on the table. David Callaway writes that if Biden wants to maintain climate momentum going into 2024, he needs a China deal that big business can get behind. Trouble is, Xi Jinping knows that, too.
. . . . Jack Bowers, the editor of Fidelity Monitor and Insights, who has a 35-year record of beating the broad equity market averages, is a rare investor with a positive view of the renewable energy transition, writes Mark Hulbert. While many climate investors are frustrated with the pace of the transition, Bowers thinks it can be done more rapidly and at less cost and economic harm than anyone in the fossil fuel industry expects, in part because of the surge in wind and solar energy usage.
. . . . The Paris Air Show wakes up from a four-year Covid slumber with a boom, but emissions problems still hang over the festivities.
. . . . A glimmer of light? Not only is the disjointed U.S. transmission grid incapable of handling the increasing number of renewables, it can’t deal with the extreme weather already starting this summer, forecasts NERC. Matthew Diebel says it’s good to see that eight Northeast States are trying to get their act together by forming a transmission collaborative.
. . . . In this graphic from Visual Capitalist, Adam Symington maps the extent of humanity’s impact on the world from 1993 to 2009. “Mass agriculture, natural resource extraction, and creation of urban infrastructure are just some of the visible markers of modern human development.”
More greenery . . . .
From every backyard: ‘Mosquito days’ are getting worse and more common
From Yale Climate Connections: What you need to know about climate change and torrential rainstorms
From the hive: Nearly half of U.S. honeybee colonies died last year, but beekeepers are stabilizing the population
From Kuala Lumpur: Rich young Asians urged to build culture of giving ‘boldly’ to tackle climate change, inequality