Please invest in Our Daily Planet today, by making a one time or monthly contribution.
We do not charge our readers a subscription fee for our content. We want to continue to grow our readership, particularly among millennials and public servants. Voluntary contributions from readers will help us employ interns and freelance journalists, expand our content, and reach a larger audience.
If you make a contribution of $150 or more, you will become an official “Friend of the Planet” and receive a Friend of the Planet T-shirt or water bottle. You can also submit opinion essays to us for our consideration for posting on our new “Bright Ideas” op-ed page.
The International Energy Agency stated in its annual World Energy Investment report released yesterday that the unparalleled decline in worldwide energy investment had been “staggering in both its scale and swiftness.” Investment in global energy is expected fall by $400bn this year, the biggest drop in the industry’s history
As CNBC reported, the IEA “warned the economic impact of the public health crisis could have “serious” implications for energy security and clean energy transitions.”
“The crisis has brought lower emissions but for all the wrong reasons,” Fatih Birol, executive director at the IEA, said in a statement.
Why This Matters: At the beginning of 2020 global energy investment was on track for a 2% increase, its biggest growth in six years. Now the outlook is grim and means a loss of clean energy jobs as well as a slowdown of the transition to a low-carbon economy. Though investment in renewable energy is faring better than fossil fuels, it’s not a sign that the industry will come out unscathed. However, federal stimulus dollars to modernize our grid and invest in renewable could go a long way in lessening the blow.
Go Deeper: As the Guardian explained, “investment in renewable energy has proved to be more resilient than fossil fuels. However, the IEA said that in the first quarter the number of wind and solar projects given the financial go-ahead fell to a three-year low. Spending on rooftop solar panels by homes and businesses has been strongly affected, it said.”
Send a Signal: Color-coded bracelets to express your social distancing preferences? They’re a thing!
Out of the Woods?: Probably not. Dr. Ashish Jha, director of the Harvard Global Health Institute and professor of health policy at the Harvard T.H. Chan School of Public Health told NPR that “we’re early in this outbreak. We’re not anywhere near done.”
Why This Matters: After the President suggested that disinfectants might be a good treatment for COVID-19, many worried about the public improperly using household cleaning products to treat themselves. But there are also manufacturers who peddle dangerous products and we need to be able to trust the government when it says a product should or should not be used in fighting COVID.
As coronavirus cases are once again surging across the country, it’s evident that our leaders do not have total control of this pandemic. This week, Dr. Anthony Fauci’s issued a dire warning that daily new cases could surpass 100,000 new infections per day if the outbreak continues on its current trend. While some states have […]
In a massive and highly complex legal settlement covering the majority of the claims against Monsanto, a U.S. company that makes the weedkiller Roundup, its parent, Bayer Corporation, will pay nearly $11B to settle approximately 95,000 claims and set aside $1.25 billion for potential claims from Roundup customers who may develop cancer in the future.
Why This Matters: This must end the debate about whether Roundup can still be sold to consumers.
Our Daily Planet is your daily dose of the stories shaping our world and the ways that you can take action. From the climate crisis to the protection of biodiversity, if these issues matter to you then please subscribe & stay informed!
Your privacy is Important! We promise never to use your email address to send you spam or advertisements.