Headline News:
- Stockholm, the capital of Sweden, has announced it will divest from investments in coal, oil, and gas, following a one-and-a-half year citizen-led campaign. The city declared that it would withdraw investments in coal, oil, and gas companies, amounting to about $3.5 million. [CleanTechnica]
Stockholm
- The Nikola Motor Company has revealed a plug-in gas/electric semi-truck. Following the opening of pre-orders for the Nikola One semi-truck , they apparently received more than 7,000 pre-orders. This means about $10.5 million in reservation funds for around $2.3 billion in sales. [EVObsession]
- The Obama Administration laid out an extensive list of federal, utility and private actions to scale up microgrids, energy storage and renewable energy throughout the US. The commitments made at the event represent about $1 billion in energy storage investments alone. [Microgrid Knowledge]
- Prime Minister Shinzo Abe’s government is pushing coal power, both at home and through exporting technology abroad. At the same time, some of Japan’s powerful trading houses are cutting or freezing coal investments over concerns about the environmental fallout. [Financial Express]
- The outlook for Australia’s four remaining big brown coal generators looks bleak following the Victorian Labor government’s decision to set a 40% renewable energy target for 2025. The inherent inflexibility of the ageing brown coal power stations marginalizes their capacity. [RenewEconomy]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
from Green Energy Times http://www.greenenergytimes.net/2016/06/17/june-17-green-energy-news-4/
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