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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

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The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

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Study Concludes Warming Climate Will Increase Ozone Levels in Major California Air Basins; Climate Change and Regional Air Quality Are Intertwined Problems

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Illustration of projected ozone changes in the South Coast region due to climate change in 2050. In a new report released by the California Air Resources Board, scientists from the University of California at Davis and Berkeley estimate that rising temperatures from climate change will increase ozone levels in California’s major air basins.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion set in 2011. Additional to China, Brazil ($7.6

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

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X PRIZE Foundation Aims to Launch $100M in Prizes Over Next 10 Years, Targeting 4 Key Areas

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X PRIZE’s Energy & Environment Prize Group intends to catalyze a new era of clean, renewable, cost-effective energy with minimal impact on the climate and environment. Areas of consideration include breakthroughs in climate change, water resource management, energy distribution & storage, clean energy, energy efficiency/use.

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Researchers Find That Stratospheric Ozone Depletion Reduces Southern Ocean Carbon Uptake

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Until now, the saturation of the carbon sink in the Southern Ocean has not been correctly simulated by the climate models used. The results revealed that, between 1987 and 2004, around 2.3 This is the first time that the impact of the ozone hole on the oceanic carbon cycle has been simulated in a global climate model.