Stopping the growth of the coal sector makes more than just environmental sense. If a stable climate translates to fewer and less severe disasters, the financial argument for insurers is just as compelling. Dan Gocher argues that coal projects should be excluded from investments due to their contribution to climate change.
From Standing Rock to Switzerland, Native American women are putting pressure on banks to divest. Shannan Stoll speaks to Jackie Fielder about the delegation of Indigenous women who recently visited Europe, and the future of the movement to defund fossil fuel projects that threaten Indigenous peoples.
Tunnel construction under train tracks in southwest Germany has damaged the only line for fast trains connecting Switzerland to Germany. Freight is also impacted. One Swiss paper says the Germans have “third-world infrastructure.” Craig Morris investigates.
On Sunday, 58 percent of the Swiss voted for the proposed Energy Strategy 2050. Starting in 2018, when the law takes effect, Switzerland will begin a nuclear phaseout and a transition to renewables – although the country already has nearly carbon-free electricity supply. Craig Morris takes a look.
At the end of November, Switzerland clearly rejected a proposal by the Greens for a fast closure of the country’s five reactors, leaving the Swiss with a phaseout plan without a roadmap. Opponents argued that a power shortage would be more likely if so many reactors are switched off so quickly. A look a France reveals that have a point. By Craig Morris.
The operator of Switzerland’s nuclear reactors, Alpiq, reportedly offered reactors to France’s EDF at no cost or “a symbolic franc.” The French, who have their hands full with their own struggling fleet at home, refused the offer. A potential power shortfall still looms in the background. Craig Morris explains.
The final report of a Finnish proposal for a pilot basic income project will be out in mid-November. The Germans want to combine eco-taxes with basic income. A new proposal in the US also shows how environmental taxation can be used to redistribute wealth. Low-income households pay a larger share of their income on energy, but wealthy households spend more on energy in absolute terms. And what if we take it a step further and pay back this tax revenue as unconditional basic income (UBI)? Craig Morris explains.
Another setback for the “nuclear renaissance”: Switzerland voted on Friday to focus more on renewables and efficiency. For the first time ever, new nuclear plants are officially off the table—though admittedly, none were planned. The Swiss just “adopted the Energiewende,” writes the Neue Züricher Zeitung. Is no one paying attention? Craig Morris has the details.
Today, Craig Morris is back with a new chart added to our e-book this year. It concerns Germany’s development bank—and it stems from coverage of solar in Germany at the Economist.
The bilateral relations between Switzerland and the EU have been clouded after the successful immigration referendum. That’s negatively impacting the negotiations about an energy agreement which should enable Switzerland to participate in the European internal energy market. Alexander Steinfeldt explains.