Top News of the Week, October 21-25

Bloomberg: Climate Change Is Killing Buildings in Slow Motion Buildings across the U.S. are facing slow, incremental damage due to climate change, with adaptation costs hitting property owners, renters, and taxpayers. According to the National Climate Assessment, the financial toll of extreme weather events could soon reach hundreds of billions of dollars annually. This creeping damage is also impacting cities’ efforts to tackle housing affordability.

Read more - Climate Change Is Killing Buildings in Slow Motion - Patrick Sisson , 彭博资讯 , October 21, 2024

The Hill: Biden administration puts $428M into manufacturing projects in coal communities The Biden administration has committed $428 million to support manufacturing projects in 15 coal-dependent communities, aiming to stimulate economic diversification and green jobs. This funding will be used to develop facilities producing items like low-carbon cement and batteries.?

Read more - Biden administration puts $428M into manufacturing projects in coal communities - Rachel Frazin , The Hill , October 22, 2024

Renewable Energy World: Meta to fund research with NREL on corporate renewables procurement Meta is partnering with the National Renewable Energy Laboratory (NREL) to investigate how corporate clean energy procurement can improve amid market challenges. With recent interest rate hikes impacting capital for renewable projects, the research will focus on securing investment and managing risk in clean energy generation, transmission, and storage projects.?

Read more - Meta to fund research with NREL on corporate renewables procurement - Paul Gerke , Renewable Energy World , October 22, 2024

USA Today: Virginia energy company bills may increase 50% by 2039 under new plan Dominion Energy’s 15-year plan aims to meet growing energy demands in Virginia by expanding power generation and modernizing the grid. However, the proposed strategy could lead to a 50% rise in customer bills by 2039. This long-term investment in infrastructure and energy efficiency is designed to create a more resilient power system, but it poses significant cost implications for consumers.

Read more - Virginia energy company bills may increase 50% by 2039 under new plan - Greta Cross , USA TODAY , October 22, 2024

CNBC: Big Tech is driving a nuclear power revival, energy guru Dan Yergin says Nuclear power is making a resurgence in the U.S., thanks in part to tech giants like Microsoft, Amazon, and Google, whose energy-hungry data centers are pushing for a reliable and carbon-free power supply. Energy expert Dan Yergin highlights how this shift marks a dramatic change in the nuclear sector, as Big Tech’s investment brings renewed attention and funding to nuclear technology, which had previously seen years of stagnation.

Read more - Big Tech is driving a nuclear power revival, energy guru Dan Yergin says - Natasha Turak , CNBC , October 23, 2024