Situation Report

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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By William Yardley, LA Times, June 23, 2015 | Photo: Jim Cole, Associated Press

EPA report cites benefits of reducing emissions, including at power plants, and of limiting climate change. This coal-fired plant is Merrimack Station in Bow, N.H.  (Jim Cole / Associated Press)

Reducing the greenhouse gas emissions that cause climate change could prevent tens of thousands of deaths and hundreds of billions in economic losses in the United States, according to a new study by the Environmental Protection Agency.

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Google co-founder and CEO Larry Page speaks during the keynote presentation at Google I/O 2013 in San Francisco.(Photo: Jeff Chiu, AP)

Google (GOOG) is starting a new, independent urban innovation company called Sidewalk Labs that aims to improve cities, according to a post on Google+ by CEO Larry Page. The Street

usatoday.com - by Jessica Guynn - June 11, 2015

SAN FRANCISCO — Google, famous for its ambitious projects to build self-driving cars and high-altitude balloons that beam the Internet to earth, is now taking aim at fixing another major problem: city life.

The new initiative, called Sidewalk Labs, will use technology and innovation in an effort to improve urban life at a time when the U.S. population is gravitating to cities, according to Google CEO Larry Page.

Based in New York, it will be run by Dan Doctoroff, a former deputy mayor of New York City who will combine his experience in managing cities with funding from Google.

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submitted by Albert Gomez

The long and severe drought in the U.S. Southwest pales in comparison with what’s coming: a “megadrought” that will grip that region and the central Plains later this century and probably stay there for decades, a new study says.

Thirty-five years from now, if the current pace of climate change continues unabated, those areas of the country will experience a weather shift that will linger for as long as three decades, according to the study, released Thursday.

Researchers from NASA and Cornell and Columbia universities warned of major water shortages and conditions that dry out vegetation, which can lead to monster wildfires in southern Arizona and parts of California.

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CLICK HERE - NASA - Study Finds Carbon Emissions Could Dramatically Increase Risk of U.S. Megadroughts