Topic: Economic Opportunity

Economic Opportunity Articles

New York skyline

New York City / Daniel Mennerich / CC BY-NC-ND 2.0

Data Disclosure and Scenario Analysis: Calls for Action Take Center Stage at Sustainable Investment Forum 2019

A conference convening 450 investment professionals, 40 speakers and more than 30 sponsors, Sustainable Investment Forum 2019 sparked debate and introspection among its attendees. The event focused on the importance of climate resilience, climate-aligned investment and how the financial sector can play its part to ensuring a swift global energy transition.
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Michigan Joins Spate of State Grid Modernization Initiatives

The MI Power Grid program will focus on three areas: customer engagement, integrating emerging technologies and optimizing grid performance and investments. Business groups and one of the state's largest electric utilities, Consumers Energy, applauded the move.
Smokestacks

Lowell, MA / Curran Kelleher / CC BY 2.0

Startup Opus 12 Pilots Carbon Conversion Technology

What if excess carbon in the atmosphere could be converted to more useful forms? That’s the ultimate goal of carbon conversion companies such as Opus 12, a startup in Berkeley, California. Making stuff out of carbon dioxide could be a trillion-dollar industry by 2030, and it creates an economic incentive to start removing carbon from the atmosphere sooner rather than later, which is a critical piece of most scenarios for limiting global warming to 2 degrees Celsius.
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The World’s Biggest Offshore Wind Farm Will Be as Cheap as Coal

A number of offshore wind projects won contracts to sell power at guaranteed prices in a U.K. auction. The price of 39.65 pounds per megawatt-hour ($49.70) was 31% below the level in a similar auction two years ago.
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Why It’s So Hard to Build Offshore Wind Power in the US

While the U.S. is second only to China in onshore wind power capacity — which is neither as reliable nor as efficient as offshore, but a lot cheaper to build — it lags behind China, Germany, the U.K., and other countries in taking advantage of the stronger, steadier gusts at sea.
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Offshore Wind Farm Proposals Hit the Desk of Connecticut Regulators

Rival developer teams filed formal proposals with Connecticut regulators to build massive new wind farms off New England’s southern coast, with the state having mandated that 40% of its electricity be generated from renewable sources within a decade’s time.
BMW i3 charging

A BMW i3 charging / Karlis Dambrans / CC BY 2.0

Part IV: Zero-Carbon Transit

To support decarbonization efforts, we will have to overhaul our transportation system. Over the course of the past century, we used fossil fuels to revolutionize the way we move from place to place — creating unprecedented mobility, but substantially contributing to climate change. About 30% of U.S. greenhouse gas emissions come from transportation. But we can look to key states for a glimpse of what climate leadership on transit looks like.
Rooftop solar installers in CO

Workers install rooftop solar panels at the National Renewable Energy Laboratory's Research Support Facility in Golden, CO in 2013 / U.S. Department of Energy

Part III: A Modernized, Efficient and Equitable Electric Grid

States across the country have led efforts to revamp the electric grid: modernizing century-old systems, promoting energy efficiency, and investing in distributed energy generation that replaces central grids. Through smart investment and incentives, the federal government has the ability to usher in this new energy future nationwide, and ensure that all share equitably in the benefits — and that those who suffer from the highest energy burden receive the most help.