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☆ China is racing towards a future powered by wind and solar
▼ + stars: | 2024-11-18 | by ( Ella Nilsen | Hien An Ngo | ) edition.cnn.com time to read: +7 min

China is installing wind and solar power projects faster than any other country on the planet. It’s not that China is using less energy — it’s using more than ever — but it’s just adding wind and solar power to its grid at an astonishing pace. The country is constructing two-thirds — nearly 339 gigawatts — of the world’s utility-scale solar and wind projects. That is in addition to the 758 gigawatts of wind and solar capacity it has already built, according to the Global Energy Monitor. Wind and solar are now capable of generating 37% of the country’s power, according to Global Energy Monitor, already displacing coal’s dominance.

Persons: Donald Trump, It’s, “, ”, Jonathan Pershing, William, Flora Hewlett, John Podesta, ” Podesta, Xi Jinping, hasn’t, Xia Yingxian, ” Li Shuo, Shuo, ” Shuo Organizations: CNN, Department, Global Energy Monitor, International Energy Agency, White, US, State Department, China’s Ministry of Foreign Affairs, Climate, Asia Society Policy Institute Locations: Mongolia, China, Europe, Africa, Podesta, Paris, China’s

Kerry and Xie paved the way for progress at international summits that could have otherwise stagnated. The annual U.N. climate summit was being held in Copenhagen later that year, and Kerry was eager to talk about it with Chinese officials. Stern said the deal “ricocheted around the climate world" and convinced countries that “we can actually get this done.”The importance of the deal became evident one month later. It was the relationship with China, Kerry said afterward, that helped “change the paradigm.”——-The warm feelings were short-lived. Donald Trump was elected president in 2016, and he promptly withdrew the U.S. from the Paris agreement after taking office.

Persons: John Kerry, Xie Zhenhua, Kerry, Xie, Mao Zedong's, Christiana Figueres, ”, Li Shuo, ” —, George W, Bush, Barack Obama's, Obama, Todd Stern, ” Stern, “, Xi Jinping, Stern, Figueres, ” Xie, —, Donald Trump, Joe Biden, Xi, hadn’t, Trump, Biden, Jonathan Pershing, Nancy Pelosi, John, John Podesta, Podesta, ___ Read, Chris Megerian, Seth Borenstein Organizations: WASHINGTON, United, Communist Party, U.S, Asia Society, Greenpeace, Senate Foreign Relations, International, Trump, William, Flora Hewlett Foundation, Associated Press Locations: United Nations, Dubai, Paris, England, Vietnam, China, Copenhagen, Lima, Glasgow, Sunnylands, Beijing, Christiana, U.S, “, Lima , Peru, South, Taiwan, COVID, Egypt, California, Arab Emirates, AP.org

☆ Are the COP climate summits working? These countries are going to the courts, instead
▼ + stars: | 2023-11-29 | by ( Ella Nilsen | ) edition.cnn.com time to read: +10 min

“It is a recipe for permanent climate chaos and suffering.”Yet the UN climate summit, known as COP, is tedious. Even fierce climate advocates who agree COP should be more ambitious still believe the summit is a powerful and worthwhile endeavor. “There is a lot of questioning whether this process will deliver or not,” Ani Dasgupta, president and CEO of international climate nonprofit World Resources Institute, told CNN. In this June 2017 photo, President Donald Trump after announcing his intention to abandon the Paris Agreement in the Rose Garden of the White House in Washington, DC. Doug Mills/The New York Times/ReduxStill, former and current US negotiators say climate diplomacy has helped keep the world’s temperature from reaching truly alarming highs.

Persons: António Guterres, ” Guterres, Paris, Payam Akhavan, ” Akhavan, ” Ani Dasgupta, ’ COP’s, ”, Sue Biniaz, John Kerry, Frances F, Denny, Biniaz, ” Biniaz, Donald Trump, Joe Biden, Doug Mills, Jonathan Pershing, William, Flora Hewlett, Pershing, ” Pershing, “, Todd Stern, Jens Astrup, Stern, “ It’s, ” Stern, it’s, It’s, Margaretha Wewerinke, Singh, Mitzi Jonelle Tan, Peter Dejong, Hailey Campbell, ’ ”, Campbell Organizations: CNN, United Nations, Law, United, Resources Institute, Yale University, The New York Times, “, ”, White, New York Times, Kerry, Bella Center, Getty, US, Republicans, International Court of Justice Locations: Paris, Small, States, Vanuatu, Tuvalu, Antigua, Barbuda, Dubai, COP28, United States, New Haven , Connecticut, Rose, Washington , DC, Copenhagen, AFP, Europe, Mississippi, Philippines, Sharm el, Sheikh, Egypt, Hawaii, Honolulu

Earlier this month, the university said an initial inquiry found no issues with how the center managed its finances. Despite the hubbub, essentially none of the center's funders have raised public concerns about its work. But tell us how you’re going to puzzle through.”The sudden termination of the center’s research projects prompted some within the movement for racial justice to see good reason to criticize Kendi’s leadership. Kendi agreed many funders were new to racial justice philanthropy in 2020, but said they didn’t usually give to his center. Kendi said most of the center's funders already supported antiracist community organizations.

Persons: Kendi, Grantmakers, it's, Earl Lewis, Andrew W, “, “ missteps, “ There’s, ”, Lewis, It's, Jack Dorsey, Chera Reid, ” Reid, William, Larry Kramer, Reid, Kendi’s, Jenn M, Jackson, ” Jackson Organizations: Boston University, BU Center, Mellon Foundation, University of Michigan Center for Social Solutions, Associated Press, Rockefeller Foundation, ESPN, Netflix, Unity Summit, Flora Hewlett Foundation, Observers, Syracuse University, Lilly Endowment Inc, AP Locations: Los Angeles, U.S

☆ US Treasury: Financiers' 'net zero' pledges must align with temperature limits
▼ + stars: | 2023-09-19 | by ( David Lawder | ) www.reuters.com time to read: +3 min

[1/3] U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. The Treasury released the new, voluntary principles as world leaders, celebrities and business moguls, converged on Manhattan to focus attention on the climate crisis during the U.N. General Assembly week. The nine principles aim to promote consistency, credibility and transparency across net-zero pledges by financial institutions. Among them, the Treasury prescribed that financial institutions should practice "transition finance" that can support decarbonization in high-emitting sectors that are difficult to abate. DATA RESEARCH FUNDINGThe Treasury also announced that several philanthropic groups have pledged $340 million to help develop research, data and technical resources intended to help financial institutions develop and execute "robust, voluntary net-zero commitments."

Persons: Janet Yellen, Shannon Stapleton, Bloomberg Philanthropies, Larry Fink, HSBC's, Noel Quinn, Yellen, Mark Carney, Carney, David Lawder, Chizu Nomiyama, Sharon Singleton, Nick Zieminski Organizations: . Treasury, REUTERS, U.S . Treasury, Treasury, Fund, Bloomberg, Hewlett Foundation, Sequoia Climate Foundation, U.S, Glasgow Financial Alliance, Net, Thomson Locations: New York City, U.S, Manhattan

☆ Who are Larry Kramer and Andreas Paepcke — the two people who paid part of Sam Bankman-Fried's bail?
▼ + stars: | 2023-02-19 | by ( Sarah Jackson | Lakshmi Varanasi | ) www.businessinsider.com time to read: +8 min

They are Larry Kramer and Andreas Paepcke, both of whom have ties to Stanford, where SBF's parents work. On Wednesday, unsealed court records identified the FTX founder's bail guarantors as Larry Kramer, a former dean of Stanford Law School, and Andreas Paepcke, a senior research scientist at Stanford. A screenshot of Larry Kramer's bio on a Stanford Law School web page shows that he's emeritus dean of the institution. from the University of Chicago Law School in 1984, according to his Stanford Law bio page. On his personal page, Paepcke listed hobbies including "piano studies and simple composition, worrying, and poetry."

☆ FTX founder Sam Bankman-Fried's two bond guarantors unsealed, both with ties to Stanford
▼ + stars: | 2023-02-15 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. The names of two of FTX co-founder Sam Bankman-Fried's guarantors were revealed on Wednesday, after an unsealing motion from media companies including CNBC was granted by a Manhattan federal judge. In all, there were four guarantors, including his parents, to ensure Bankman-Fried's cooperation with pretrial detention requirements. Kramer signed a $500,000 unsecured bond, while Paepcke signed the same bond for $250,000. WATCH: Prosecutors say Sam Bankman-Fried's contact with FTX employees suggests witness tampering

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