June 25 NEC Energy News
¶ “World Bank Decries Disastrous Fossil Fuel, Agriculture, And Fisheries Subsidies” • The World Bank issued a scathing report, Detox Development: Repurposing Environmentally Harmful Subsidies that calls for reducing or eliminating the trillions upon trillions of dollars governments use to prop up the fossil fuel, agriculture, and fisheries industries. [CleanTechnica]
¶ “Sweden Abandons 100% Renewable Energy Goal As EU Reconsiders Climate Policies” • More than 40 years after the country voted to phase out nuclear power, Sweden is now looking to build more nuclear reactors after its parliament formally abandoned its 100% renewable energy target to meet net-zero by 2045. [Western Standard]
¶ “Keep Nuclear Threats Off The Table” • The developing events in Russia have not yet featured explicit nuclear threats. We hope that no such threats are made. It would be wrong to completely ignore the implicit nuclear risks in the situation. Russia has the largest declared stockpile of nuclear warheads (close to 6,000) of any such state. [Campaign for Nuclear Disarmament]
¶ “Chinese Solar Module Prices Plunge To Record Lows” • Chinese solar module prices have reached their lowest value ever, with the Chinese Module Marker falling for a fourth week in a row at $0.173 per watt. The CMM saw an unprecedented 11.73% week-on-week plunge, marking the largest percentage drop in its history. [Innovation Origins]
¶ “Bamboo Could Be A Future Renewable Energy Source: Study” • Researchers found that bamboo is a desirable resource as an environmentally friendly renewable material to replace fossil fuels. The research was published in the journal GCB Bioenergy. Bamboo grows quickly, absorbs carbon dioxide, and emits a lot of oxygen into the atmosphere. [Devdiscourse]
¶ “RWD LFP Tesla Model Y Could Slash Price By $4,850, Driving US Sales To The Next Level” • The net price of the Tesla Model Y has been cut, a standard-range version is here, and paperwork done for a full tax incentive. Now, Tesla has approval for a new rear-wheel-drive (RWD) Model Y using LiFePO₄ (LFP) batteries that will likely be very affordable. [CleanTechnica]
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