CLIMATE DEAL FOR U.S.

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</span><span itemscope="" itemprop="itemListElement" itemtype="http://schema.org/ListItem"> <a href="news/2024/11" itemprop="item" > <span itemprop="name">November</span> <meta itemprop="position" content="4"> </a> </span><span class="active" itemscope="" itemprop="itemListElement" itemtype="http://schema.org/ListItem"><span itemprop="item" ><span itemprop="name">CLIMATE DEAL FOR U.S.</span></span></span></div> <div class="date">2024-11-26 06:20:00</div> <div class="content-table"> <div class="content-block"> <div class="ru hidden hidden"> <h1>CLIMATE DEAL FOR U.S.</h1> <div class="l-links"></div> <img src="/cache/11-2024/usa-03.c5ea0b26.jpg" alt="CLIMATE DEAL FOR U.S." class="page-img"/> <p> </p> <p> </p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="color: #333399;"><a href="https://ru.reuters.com/"><span style="color: #333399;">РЕЙТЕР</span></a></span> - </span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="font-size: 120%;"> </span></span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="font-size: 120%;"> </span></span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="font-size: 120%;"> </span></span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="font-size: 120%;">-----</span></span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Раньше:</span> </p> <table style="width: 620px;" border="0"> <tbody> <tr> <td> <div class="r-side"> <div class="r-side"><em><em><a href="news/2018/3/oil-price-not-above-$65"><img class="l-side" src="cache/03-18/PRICE-469.6d241b1b.png" alt="Prices" /></a></em></em> <div class="r-side"><em>2018, March, 14, 11:45:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/3/oil-price-not-above-$65"><span style="color: #333399;">OIL PRICE: NOT ABOVE $65</span></a></strong></span></h3> <p>REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.77 a barrel at 0753 GMT, up 6 cents, or 0.1 percent, from their previous settlement. Brent crude futures LCOc1 were at $64.62 per barrel, down just 2 cents from their last close.</p> <p> </p> </div> </div> </div> </td> </tr> <tr> <td><a href="news/2018/3/czena-nefti-poka-vyishe-$65"><img class="l-side" src="cache/03-18/PRICE-449.6d241b1b.png" alt="Prices" /></a> <div class="r-side"><em>2018, March, 7, 15:00:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/3/czena-nefti-poka-vyishe-$65"><span style="color: #333399;">ЦЕНА НЕФТИ: ПОКА ВЫШЕ $65</span></a></strong></span></h3> <p>РЕЙТЕР - К 9.17 МСК фьючерсы на североморскую смесь Brent опустились на 0,85 процента до $65,23 за баррель. Фьючерсные контракты на американскую лёгкую нефть WTI к этому времени торговались у отметки $62,07 за баррель, что на 0,85 процента ниже предыдущего закрытия.</p> <div class="l-links"><a href="news/2018/3/czena-nefti-poka-vyishe-$65?lang=ru">Русский</a> | <a href="news/2018/3/czena-nefti-poka-vyishe-$65?lang=en">English</a></div> <div class="l-links"> </div> </div> </td> </tr> <tr> <td><a href="news/2018/3/oil-prices-2018-19-$62"><img class="l-side" src="cache/03-18/oil-487.6d241b1b.png" alt="Prices" /></a> <div class="r-side"><em>2018, March, 7, 14:00:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/3/oil-prices-2018-19-$62"><span style="color: #333399;">OIL PRICES 2018 - 19: $62</span></a></strong></span></h3> <p>EIA - North Sea Brent crude oil spot prices averaged $65 per barrel (b) in February, a decrease of $4/b from the January level and the first month-over-month average decrease since June 2017. EIA forecasts Brent spot prices will average about $62/b in both 2018 and 2019 compared with an average of $54/b in 2017.</p> <p> </p> </div> </td> </tr> <tr> <td> <div class="r-side"><em><em><a href="news/2018/3/oil-price-above-$64-yet"><img class="l-side" src="cache/03-18/PRICE-438.6d241b1b.png" alt="Prices" /></a></em></em> <div class="r-side"><em>2018, March, 5, 11:35:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/3/oil-price-above-$64-yet"><span style="color: #333399;">ЦЕНА НЕФТИ: ПОКА ВЫШЕ $64</span></a></strong></span></h3> <p>РЕЙТЕР - К 9.28 МСК фьючерсы на североморскую смесь Brent поднялись на 0,33 процента до $64,58 за баррель. Фьючерсные контракты на американскую лёгкую нефть WTI к этому времени торговались у отметки $61,44 за баррель, что на 0,31 процента выше предыдущего закрытия.</p> <div class="l-links"><a href="news/2018/3/oil-price-above-$64-yet?lang=ru">Русский</a> | <a href="news/2018/3/oil-price-above-$64-yet?lang=en">English</a></div> <div class="l-links"> </div> </div> </div> </td> </tr> <tr> <td><a href="news/2018/3/czena-urals-$-65,99"><img class="l-side" src="cache/03-18/PRICE-429.6d241b1b.png" alt="Prices" /></a> <div class="r-side"><em>2018, March, 4, 11:30:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/3/czena-urals-$-65,99"><span style="color: #333399;">ЦЕНА URALS: $ 65,99</span></a></strong></span></h3> <p>МИНФИН РОССИИ - Средняя цена нефти марки Urals по итогам января – февраля 2018 года составила $ 65,99 за баррель.</p> <p> </p> </div> </td> </tr> <tr> <td> <div class="r-side"><em><em><a href="news/2018/2/oil-price-above-$67-again"><img class="l-side" src="cache/02-18/price-420.6d241b1b.png" alt="Prices" /></a></em></em> <div class="r-side"><em>2018, February, 27, 14:15:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/2/oil-price-above-$67-again"><span style="color: #333399;">ЦЕНА НЕФТИ: ОПЯТЬ ВЫШЕ $67</span></a></strong></span></h3> <p>РЕЙТЕР - К 9.18 МСК фьючерсы на североморскую смесь Brent опустились на 0,15 процента до $67,40 за баррель. Фьючерсные контракты на американскую лёгкую нефть WTI к этому времени торговались у отметки $63,80 за баррель, что на 0,17 процента ниже предыдущего закрытия.</p> <div class="l-links"><a href="news/2018/2/oil-price-above-$67-again?lang=ru">Русский</a> | <a href="news/2018/2/oil-price-above-$67-again?lang=en">English</a></div> <div class="l-links"> </div> </div> </div> </td> </tr> <tr> <td> <div class="r-side"><em><em><a href="news/2018/2/czena-urals-$66,26457"><img class="l-side" src="cache/02-18/PRICE-399.6d241b1b.png" alt="Prices" /></a></em></em> <div class="r-side"><em>2018, February, 27, 14:05:00</em> <h3><span style="color: #333399;"><strong><a href="news/2018/2/czena-urals-$66,26457"><span style="color: #333399;">ЦЕНА URALS: $66,26457</span></a></strong></span></h3> <p>МИНФИН РОССИИ - Средняя цена на нефть Urals за период мониторинга с 15 января по 14 февраля 2018 года составила $66,26457 за баррель, или $483,7 за тонну.</p> <p> </p> </div> </div> </td> </tr> </tbody> </table> <p style="line-height: 18pt;"><span style="font-size: 120%;"> </span></p> </div> <div class="en "> <h1>CLIMATE DEAL FOR U.S.</h1> <div class="l-links"></div> <img src="/cache/11-2024/usa-03.c5ea0b26.jpg" alt="CLIMATE DEAL FOR U.S." class="page-img"/> <p style="line-height: 18pt;"><span style="font-size: 120%;"> </span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">By </span><span style="color: #3366ff;"><a class="realname-link" style="font-size: 120%;" title="Michael Shank" href="https://energycentral.com/member/profile/michael-shank" rel="nofollow"><span class="realname" style="color: #3366ff;">Michael Shank</span></a></span> <span class="title" style="font-size: 120%;">Managing Director,</span><span style="font-size: 120%;"> </span><span class="company" style="font-size: 120%;">Beyond Plastics</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;"><span style="color: #3366ff;"><a href="https://energycentral.com/" rel="nofollow" target="_blank"><span style="color: #3366ff;">ENERGYCENTRAL</span></a> </span>- Nov 21, 2024 - </span><strong><span style="font-size: 120%;">To President-Elect Donald Trump: The Paris Climate Deal Is Good for Business</span></strong></p> <p style="line-height: 18pt;"><em><span style="font-size: 120%;">By Michael Shank and US Congressman Steve Cohen</span></em></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">As President-elect Donald Trump’s transition team prepares executive orders to withdraw from the Paris climate agreement, scientists confirm that 2024 is not only the hottest year on record but the first year to exceed the Paris agreement threshold, a global pledge by 195 nations to work to keep warming under 1.5 degrees.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Withdrawing from the Paris agreement is like withdrawing from any other international security pact, like NATO. It’s that serious. There are the obvious security repercussions that come with ignoring the biggest climate security threat to humanity, including the famine-causing heat waves and droughts, the loss of coastal cities from sea-level rise, and more extreme storms, floods and fires that displace millions of people and result in billions of dollars of infrastructure damage. But there are also diplomatic consequences that come with not supporting international humanitarian norms and not joining historic deal-making and unparalleled consensus.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">But if that doesn’t move the incoming Trump administration, perhaps economics will. Withdrawing from the Paris agreement is also like withdrawing from the G7. On the business and economic argument alone, which Trump should have little difficulty understanding or appreciating, the Paris process was a win, and to willfully unwind it is fiscally irresponsible.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">There are three key reasons why the Paris agreement is good for the American economy.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">First, it reduces wasteful government spending. In line with Republican belief in small government and free markets, the Paris climate agreement encourages governments, including the incoming Trump administration, to shed some of the $7 trillion that they’re shelling out to subsidize the negative externalities associated with fossil fuels, such as health care costs from exposure to pollution. A wasteful 7.1 percent of the GDP is spent cleaning up after fossil fuel industries and their pollutants. That’s money that could, instead, fix aging infrastructure in the United States. And with 7 million people dying every year from air pollution, those lost lives lead to lost economic productivity. The Paris process is intended to prevent these mounting mortality rates, and their associated costs, and keep alive as many productive members of society as possible. Any economist could understand the cost-benefit analysis here.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Second, it boosts American businesses. Given overwhelming bipartisan support for making things in America, the Paris deal meant that U.S. businesses could proceed apace with additional investments in clean energy, doubling down on global market assurance. In the U.S., clean energy growth is already outpacing — and this year is doubling — fossil fuel growth, while global clean energy investments in 2024 will exceed $2 trillion. Solar and wind installations are witnessing record highs, as prices drop precipitously, and they’re now the fastest growing electricity sources in history. International investment in clean energy will continue to rise as China and European Union nations ratchet up clean energy portfolios and shutter fossil fuel infrastructure.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">The Paris accord, and the market trends it guarantees, is making this boon possible and could further profit American corporate pocketbooks. However, we’re currently outpaced by Chinese investors: China is the largest solar energy producer anywhere. And it’s not stopping. The country, which remains committed to the Paris process, is investing billions into clean energy generation. And while China dominates the market share of the business opportunity here, the incoming Trump administration is signaling that the U.S. government will be getting out of the game. What a lost economic opportunity.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Third, it supports Americans’ stock market portfolios. Fortune 500 companies have long encouraged Trump to stay in the Paris agreement, since it signaled to financial investors that the clean energy track they were already on was the fiscally prudent one. And investment firms controlling more than $5 trillion in assets have long ago divested from dirty fossil fuels. Meanwhile, Wall Street firms are making the switch, dropping the very industries that Trump wants to salvage, such as coal. And why? Because the long-term return on clean energy investments are sound and substantial: Researchers at Stanford and University of California at Berkeley estimate a $50 trillion savings per year by 2050 with a switch to 100 percent clean energy.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Irrespective of incoming White House obstructionism, American companies and investors will continue to invest in clean energy while dropping dirty fuels. And American state and local governments will move forward, unfazed, firming up already aggressive goals to cut carbon emissions by 80 to 100 percent by 2050.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">Everyone almost everywhere, with the exception of the incoming White House, is understanding the economic opportunity presented by the Paris climate agreement and acting on it.</span></p> <p style="line-height: 18pt;"><span style="font-size: 120%;">The ones on the losing end of Trump’s anti-Paris stick will be the American people. America could be number one in solar, number one in wind, and number one in pollution prevention and lives saved. That’s greatness. That’s market dominance. That’s the stuff of which presidential legacies are made. And that’s the win Trump should want. Paris is about clean energy markets and money. Time for Trump to start making some for the American people.</span></p> <div class="author-title" style="line-height: 18pt;"> <p style="line-height: 18pt;"><span style="font-size: 120%;">-----</span></p> <p><span>This thought leadership article was originally shared with Energy Central's </span><span style="color: #3366ff;"><a href="https://clicktime.cloud.postoffice.net/clicktime.php?U=https%3A%2F%2Fwww.energycentral.com%2Fc%2Fec%3Futm_source%3D%26utm_medium%3DPosts%26utm_campaignWOGN%2520Parnter%26utm_source%3DTrade&E=rlewis%40energycentral.com&X=XID273yJVHXT2222Xd1&T=3D7X&HV=U,E,X,T&H=1cba8169577693274df223b0ed2c9feec3080fff" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://clicktime.cloud.postoffice.net/clicktime.php?U%3Dhttps%253A%252F%252Fwww.energycentral.com%252Fc%252Fec%253Futm_source%253D%2526utm_medium%253DPosts%2526utm_campaignWOGN%252520Parnter%2526utm_source%253DTrade%26E%3Drlewis%2540energycentral.com%26X%3DXID273yJVHXT2222Xd1%26T%3D3D7X%26HV%3DU,E,X,T%26H%3D1cba8169577693274df223b0ed2c9feec3080fff&source=gmail&ust=1732600645089000&usg=AOvVaw07IJFQezkC8lC8eMDxrZwo"><span style="color: #3366ff;">Energy Collective Group</span></a></span><span>. The communities are a place where professionals in the power industry can share, learn and connect in a collaborative environment. </span><span style="color: #3366ff;"><a href="https://clicktime.cloud.postoffice.net/clicktime.php?U=https%3A%2F%2Fwww.energycentral.com%2Fc%2Fec%3Futm_source%3D%26utm_medium%3DPosts%26utm_campaignWOGN%2520Parnter%26utm_source%3DTrade&E=rlewis%40energycentral.com&X=XID273yJVHXT2222Xd1&T=3D7X&HV=U,E,X,T&H=1cba8169577693274df223b0ed2c9feec3080fff" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://clicktime.cloud.postoffice.net/clicktime.php?U%3Dhttps%253A%252F%252Fwww.energycentral.com%252Fc%252Fec%253Futm_source%253D%2526utm_medium%253DPosts%2526utm_campaignWOGN%252520Parnter%2526utm_source%253DTrade%26E%3Drlewis%2540energycentral.com%26X%3DXID273yJVHXT2222Xd1%26T%3D3D7X%26HV%3DU,E,X,T%26H%3D1cba8169577693274df223b0ed2c9feec3080fff&source=gmail&ust=1732600645089000&usg=AOvVaw07IJFQezkC8lC8eMDxrZwo"><span style="color: #3366ff;">Join the Energy Collective Group</span></a></span><span> today and learn from others who work in the industry.</span></p> </div> <p style="line-height: 18pt;"><span style="font-size: 120%;">-----</span></p> </div> <br /> <div class="similar"> <p class="f18 w600">Earlier:</p> <div class="chronicle-tpl"> <a href="news/2024/11/russia-backs-climate-agreement" class="image"> <img src="/cache/11-2024/russia-05.7c2fb17d.jpg" alt="CLIMATE DEAL FOR U.S." /> </a> <div class="info"> <div class="date">2024, November, 21, 06:55:00</div> <a href="news/2024/11/russia-backs-climate-agreement" class="title"> RUSSIA BACKS CLIMATE AGREEMENT </a> <div class="intro"> Climate remains one of a few topics where it is still able to find common ground with the western countries, which imposed sanctions on its economy. Russia has among the biggest delegation at COP this year, with 900 people registered. </div> <div class="l-links"> <a href="news/2024/11/russia-backs-climate-agreement?lang=en">English</a> </div> </div> </div> <div class="chronicle-tpl"> <a href="news/2024/11/chistaya-energetika-rossii" class="image"> <img src="/cache/11-2024/russia-03.f6ab7f5e.jpg" alt="CLIMATE DEAL FOR U.S." /> </a> <div class="info"> <div class="date">2024, November, 19, 06:55:00</div> <a href="news/2024/11/chistaya-energetika-rossii" class="title"> ЧИСТАЯ ЭНЕРГЕТИКА РОССИИ </a> <div class="intro"> В России уже 85% энергобаланса приходится на чистую, низкоэмиссионную генерацию. Это в первую очередь газовая, атомная энергетика, из возобновляемых источников. </div> <div class="l-links"> <a href="news/2024/11/chistaya-energetika-rossii?lang=ru">Русский</a> </div> </div> </div> <div class="chronicle-tpl"> <a href="news/2024/11/dostupnaya-energiya-rossii" class="image"> <img src="/cache/11-2024/russia-04.d72c4324.jpg" alt="CLIMATE DEAL FOR U.S." /> </a> <div class="info"> <div class="date">2024, November, 19, 06:50:00</div> <a href="news/2024/11/dostupnaya-energiya-rossii" class="title"> ДОСТУПНАЯ ЭНЕРГИЯ РОССИИ </a> <div class="intro"> Российский энергобаланс предусматривает и наращивание доли ВИЭ, но лишь в объемах, не создающих рисков для надежности энергосистемы страны и не приводящих к чрезмерной финансовой нагрузке. </div> <div class="l-links"> <a href="news/2024/11/dostupnaya-energiya-rossii?lang=ru">Русский</a> </div> </div> </div> <div class="chronicle-tpl"> <a href="news/2024/10/uglerodnaya-nejtralnost-rossii" class="image"> <img src="/cache/10-2024/energy-02.04b61f2d.jpg" alt="CLIMATE DEAL FOR U.S." /> </a> <div class="info"> <div class="date">2024, October, 29, 06:50:00</div> <a href="news/2024/10/uglerodnaya-nejtralnost-rossii" class="title"> УГЛЕРОДНАЯ НЕЙТРАЛЬНОСТЬ РОССИИ </a> <div class="intro"> Минэнерго России рассказало, что на национальном уровне принята стратегия развития до 2050 года, которая включает снижение уровня выбросов парниковых газов. Вместе с тем утверждена климатическая доктрина для достижения углеродной нейтральности к 2060 году. </div> <div class="l-links"> <a href="news/2024/10/uglerodnaya-nejtralnost-rossii?lang=ru">Русский</a> </div> </div> </div> <div class="chronicle-tpl"> <a href="news/2024/10/global-energy-system-sustainability" class="image"> <img src="/cache/10-2024/energy-30.64173737.jpg" alt="CLIMATE DEAL FOR U.S." /> </a> <div class="info"> <div class="date">2024, October, 18, 06:35:00</div> <a href="news/2024/10/global-energy-system-sustainability" class="title"> GLOBAL ENERGY SYSTEM SUSTAINABILITY </a> <div class="intro"> Furthermore, the vulnerabilities of the power sector have cascading effects on critical infrastructure such as communication, health and other emergency services. 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