Petrochemicals - US

Wind turbines provide energy for the residents of Samso Island, a Danish island that gets all its power from renewable sources. PHOTOGRAPH BY ANDREW HENDERSON, NATIONAL GEOGRAPHIC CREATIVE

Low oil prices are rattling stock markets, but investors remain bullish on solar, wind, and other clean energy. Here are three reasons why.

nationalgeographic.com - by Wendy Koch - January 22, 2016

The prolonged plunge in fossil fuel prices is rippling across the globe. Yet it’s barely put a dent in the booming market for clean energy, heralding perhaps a new era for wind and solar.

Oil prices of less than $30 a barrel—the lowest in 12 years—have shaken stock markets and ravaged the budgets of major producers such as Russia and Saudi Arabia. Along with falling gas prices, they’ve slashed the profits of fossil fuel companies, which are delaying dozens of billion-dollar projects and laying off thousands of workers. . . .

. . . But solar, wind, and other clean energy? They’re expanding.

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insidebayarea.com - by Seth Borenstein - January 18, 2016

CLICK HERE - STUDY - Nature Climate Change - Industrial-era global ocean heat uptake doubles in recent decades

WASHINGTON -- The amount of man-made heat energy absorbed by the seas has doubled since 1997, a study released Monday showed.

Scientists have long known that more than 90 percent of the heat energy from man-made global warming goes into the world's oceans instead of the ground.

And they've seen ocean heat content rise in recent years. But the new study, using ocean-observing data that goes back to the British research ship Challenger in the 1870s and including high-tech modern underwater monitors and computer models, tracked how much man-made heat has been buried in the oceans in the past 150 years.

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THE WASHINGTON POST VIA GETTY IMAGES

huffingtonpost.com - by John Feffer - January 7, 2016

The market was supposed to save the planet.

That, at least, was the argument of many economists grappling with the problem of climate change. As fossil fuels became scarcer, they pointed out, the price of oil and natural gas would go up. And then other options, like solar and wind, would become cheaper, particularly as investment flowed into that sector and drove down the cost of new technologies.

And voila: The invisible hand would gradually turn down the global thermostat.

It’s a ridiculous argument.

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Credit: David J. Phillip / Associated Press

"It is now unstoppable."

huffingtonpost.com - by Nick Visser - September 22, 2015

NEW YORK -- The amount of money the world has pledged to divest from fossil fuels now exceeds $2.6 trillion, a group of policymakers, philanthropists and activists announced Tuesday. The figure is 50 times higher than the $52 billion that had been divested exactly one year ago.

The news was announced at a press conference in New York, hosted by groups including the United Nations, the Rockefeller Brothers Fund and environmental and faith leaders. The hosts said the $2.6 trillion figure was calculated by Arabella Advisors, a private consulting company that works with philanthropic groups.

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CLICK HERE - Arabella Advisors - Measuring the Growth of the Global Fossil Fuel Divestment and Clean Energy Investment Movement (27 page .PDF file)

CLICK HERE - About - 2015 Report - Divest-Invest