Economics - NY

Dunlaw Wind Farm at Soutra Hill North in the Scottish Borders. The US president has claimed that climate action is too costly. Photograph: Murdo Macleod for the Guardian

Almost all nations would benefit economically from keeping global warming to 1.5C, a new study indicates

CLICK HERE - ABSTRACT - Large potential reduction in economic damages under UN mitigation targets

CLICK HERE - RESEARCH LETTER - Large potential reduction in economic damages under UN mitigation targets

theguardian.com - by Damian Carrington - May 23, 2018

Energy Innovation's Michael O'Boyle and Silvio Marcacci outline the barriers to high-penetration wind and solar in the least-cost era

The following is a viewpoint from Michael O'Boyle, electricity policy manager for Energy Innovation, and Silvio Marcacci, communications director for Energy Innovation

utilitydive.com - by Michael O'Boyle, Silvio Marcacci - March 21, 2018

Wind and solar are now cheaper than virtually anyone predicted, and renewable technologies have reached an inflection point: Rapid cost declines made renewable energy the cheapest available sources of new electricity, even without subsidies, in 2017.  In many locations across America, building new wind energy projects is cheaper than running existing coal-fired power plants.

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‘Local air pollution around the world kills about 6.5 million people annually.’ Photograph: Alamy Stock Photo

Doctors have revealed that millions are already suffering the effects, in the spread of infectious diseases, uneven crop yields and longer allergy seasons

CLICK HERE - STUDY - The Lancet - Health and climate change - The Lancet Countdown on health and climate change: from 25 years of inaction to a global transformation for public health

theguardian.com - by Christiana Figueres - October 31, 2017

A report just published in the Lancet from the specially created Lancet Countdown initiative, reveals just how bad climate change is for public health. The diagnosis reveals that hundreds of millions of people are already suffering the health impacts of climate change. Its insidious creep is being felt in multiple ways: rising temperatures are hastening the spread of infectious diseases; crop yields are becoming uneven and unpredictable, worsening the hunger and malnourishment for some of the most vulnerable people on the planet; allergy seasons are getting longer; and at times it is simply too hot for farmers to work in the fields.

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bbc.com - June 29, 2017

California companies are generating so much solar power that firms in other states are getting paid to take it.

The state has been forced into the arrangement to "avoid overloading its own power lines", according to the Los Angeles Times.

The situation doesn't necessarily mean we are "throwing money away", says economist Severin Borenstein, a professor at UC Berkeley's Haas School of Business.

"But it probably is an indication that there are some serious problems in the way we're running the grid and the way we're making investment decisions."

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