At last week's COP23, a gathering of countries and other stakeholders from around the world on the status of the Paris Agreement goals set in 2015, progress was made on any accounts. One outcome was the forming a new alliance of more than 24 countries, provinces, states, and cities to declare a phase-out of coal. “The Alliance hopes to expand from 25 to 50 partners by the COP24 climate conference next year. The US states of Oregon and Washington have already joined the alliance. With several other states in the U.S. already coal-free, having leaders of other U.S. states join this alliance could be a vital opportunity for us to demonstrate that Americans are ‘still in’ the Paris Agreement.”
H.R.4239, the “Strengthening the Economy with Critical Untapped Resources to Expand American Energy Act,” was recently passed by the House Committee on Natural Resources. What does this mean for renewable energy? It “promotes the further development of offshore wind power but also the exploration and production of oil and gas.”
A powerful data crunching tool and resource geared toward financial firms, called Climetrics, will offer the world’s first climate rating system for business investing decisions. “Using a one to five leaf rating (five being positive), Climetrics evaluates the climate impact of various funds, empowering investors, including retail investors, to make informed decisions immediately and on a daily basis.”
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