Denver Passes its Most Aggressive Housing Affordability Plan Yet

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The city has pledged to dedicate millions of dollars to affordable housing, in an effort to build thousands more units over the next five years. But is it enough? Mayor Michael Hancock’s ambitious plan to accelerate the city’s affordable housing efforts cleared its final hurdle on Monday when Denver City Council passed two ordinances that will generate an estimated $105 …

Redburn says Big Oil no longer a ‘buy’ as peak demand looms

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Sector underestimates regulations aimed at curbing climate change argues research house Redburn, the equity research house, has removed all “buy” ratings from the biggest integrated oil companies, arguing that the industry faces an “existential risk” as long-term forecasts for oil demand are up to 30 per cent too high. Predictions for oil demand growth were still underestimating government action to …

Investment Fund Staff Goes Back to School to Learn Financial Risks of Climate Change.

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AllianceBernstein is sending the finance professionals who handle its $581 billion in assets under management back to school — climate school. The global firm is creating what it’s calling a first-of-its-kind curriculum focused on climate risk and investment performance with Columbia University’s Earth Institute, home to the respected Lamont-Doherty Earth Observatory research center. All investment teams at AB will enroll …

A solar-powered system can turn salt water into fresh drinking water for 25,000 people per day. It could help address the world’s looming water crisis.

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A new solar-powered device turns salt water into fresh drinking water. GivePower, the nonprofit behind the technology, is debuting the system in a coastal community in Kenya. Half of the world’s population could live in water-stressed areas by 2025. The ocean offers an abundant source of water if …

Low Temperature Curing Process Cuts Cement’s CO2 Emissions by 70%

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Solidia Technologies’ chemistry could make concrete almost benign. The making of concrete is responsible for as much as 8 percent of annual CO2 emissions; some have called it the most destructive material on earth. The manufacturers know this is a problem and have been looking for ways to reduce the footprint before a serious price on carbon is slapped on it, …

Los Angeles seeks record setting solar power price under 2¢/kWh

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The Los Angeles Department of Water and Power (LADWP) Board of Commissioners was presented with the Eland Solar & Storage Center in Kern County, California, from an LADWP internal team on June 18, 2019. The team told the commissioners that on July 23, they plan to seek approval of a two phase 25-year power purchase agreement (PPA) priced at 1.997¢/kWh for …

Tim Brooks is removing oil-based plastics from Lego, one brick at a time

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For 60 years, Lego made its signature building blocks from oil-based plastic. In 2018, the company launched its first pieces made from plant-based plastic, sourced from sugarcane. As one of the leaders of Lego’s larger environmental mission, Tim Brooks, the company’s vice president of environmental responsibility, suggested focusing on finding a replacement for polyethylene, a flexible material used in certain Lego …