While ratings agency Standard & Poor’s (S&P) has said the oil sector risks future credit downgrades, the news from the renewables energy market points to a much more promising future for solar and wind.
When agencies like S&P reflect on what the consequences could be if governments adopt carbon-constraining policies to avert catastrophic climate change, it's a sure sign that the oil industry and its investors are starting to worry.
On the other side of the coin, solar power is ready to boom.
Even oil and gas giant Shell forecasts in its New Lens Scenarios report that solar could become the world’s largest primary source of energy by 2070. This must surely be painful for Shell to admit after it decided to exit the solar market back in 2009.
Bearing the fruits of its good investments, Germany will see its solar energy market become sustainable by 2014, according to a Deutsche Bank report.
This means that photovoltaic, which now has a cumulative capacity of 32.6 gigawatt, will have reached the 52 gigawatt target that the German government had set before it would cut public subsidies.
But the nice thing about solar energy is that it’s not only a good investment for big investors.
A report from Dutch environment group Natuur en Milieu indicates that investing in household solar panels can result in the equivalent of a 13 percent gain on the investment over a 25-year period (the estimated optimal lifespan for such a device) against a 4.5 percent long-term savings rate over the same period.
But households are not the only ones that can profit.
The Indian city of Anantapur is the first municipality in the country to invest in solar power to produce the 5 megawatt needed to power its water pumping operations and street lights: a U.S. $1 million saving every year!
And this is just one of the solar power projects planned in India, where in the next three years 1,172 megawatt of capacity will be added to the network, representing a doubling of the 1,234 megawatt already installed since 2010.
For smaller communities such as schools, solar energy can also deliver immediate change: in some countries solar panels on the roof mean saving money that can help educate people into energy-savvy consumers.
Also in Latin America things are starting to move. While U.S. enterprises are showcasing their products by supporting solar development in Mexico, Argentina, which is one of the least developed solar energy markets in Latin America along with Venezuela, plans to have eight percent of its energy consumption provided by renewables by 2016, which means moving from the current 6.2 megawatt capacity to 10 megawatt of solar energy.
And as the technology develops, solar energy can be applied in a variety of ways, reducing demand for carbon-based energy sources.
One example is the gigantic solar thermal power plant in Ivanpah, California, which has just passed the first functional tests.
Another project involves the new colorful transparent solar cells which can be added to the glass surfaces of buildings. The technology means 12 percent of the solar energy received by the building will be converted into low-carbon electricity.
Other projects involve putting photovoltaic film on mobile phones or iPad screens to allow recharging of the devices when they're exposed to the sun.
Or consider this: a 'solar suitcase' which gives a basic electricity backup system to hospitals. Developed by a non-profit group in 2009 as a tool to save life during childbirth, it has been already distributed to many communities in Africa, Asia and South America.
These and other great ideas are helping to decentralize the power grid and reduced its carbon footprint. And the pace of change is accelerating.
In China, clean energy investment was a record U.S. $67.7 billion, up 20 percent on the previous year thanks to a surge in its solar sector, according to Bloomberg New Energy Finance.
Worldwide, the 2012 investment total in clean energy was the second highest ever, and five times that of 2004.
Yes indeed, great things are starting to happen under the sun.
Visit EcoWatch’s RENEWABLES page for more related news on this topic.
Material Revolutions: Shirts Made from Shellfish, Biodegradable Rum Bottles and Reusable Fast Food Containers
In the age of consumption, sustainability innovations can help shift cultural habits and protect dwindling natural resources. Improvements in source materials, product durability and end-of-life disposal procedures can create consumer products that are better for the Earth throughout their lifecycles. Three recent advancements hope to make a difference.
1. Allbirds Shirts Made From Shellfish<p>Sustainable sneaker start-up <a href="https://www.allbirds.com/pages/apparel" target="_blank">Allbirds</a> is known for its thoughtfulness for consumers and the environment. The four-year-old shoe company has become hugely popular by creating comfortable shoes made from responsibly sourced materials like tencel and wool, reported <a href="https://www.fastcompany.com/90565358/allbirds-new-clothing-line-includes-t-shirts-made-from-discarded-crab-shells" target="_blank">Fast Company</a>.</p><p>Recently, Allbirds launched its debut apparel line with garments for men and women made with eco-friendly materials that have a low carbon footprint, the report said.</p><p>Introduced along with the line is a new t-shirt material called "TrinoXO," which is made from wool and discarded snow crab shells from Canada's seafood industry, reported <a href="https://www.cnbc.com/2020/10/20/sustainable-sneaker-start-up-allbirds-is-selling-sweaters-t-shirts.html" target="_blank">CNBC</a> and <a href="https://www.cnn.com/2020/10/20/business/allbirds-sustainable-apparel/index.html" rel="noopener noreferrer" target="_blank">CNN</a>. The shells are the "number two discarded resource on earth," Allbirds claims, reported <a href="https://www.menshealth.com/style/a34427585/allbirds-apparel-clothing-line-review/" rel="noopener noreferrer" target="_blank">Men's Health</a>.</p><p>"Discarded material is the holy grail when it comes to sustainable fibers," Jad Finck, Allbirds head of innovation and sustainability, told Fast Company. "It's far better for the environment than getting raw materials from scratch."</p><p>The shells have antimicrobial properties that keep clothes fresh even after hours of wear, without the need to add "extractive" materials like zinc or silver, Men's Health reported. This allows for longer periods of wear between washes, reducing clothes' environmental footprint.</p><p>"We knew we wanted to be a real brand, and had this vision that we'd be an innovation company first, and a product company second," co-founder Joey Zwillinger told <a href="https://www.vogue.com/article/allbirds-launches-clothing" rel="noopener noreferrer" target="_blank">Vogue</a>. "And our products would solve problems for people in a natural way, and show the world that you don't have to compromise on the planet for amazing products."</p>
2. Bacardi Biodegradable Rum Bottles<p>By 2023, <a href="https://www.bacardi.com/us/en/" target="_blank">Bacardi</a> rum will be sold in 100% biodegradable bottles, <a href="https://www.businesswire.com/news/home/20201021005281/en/Bacardi-First-in-Fight-Against-Plastic-Pollution-With-100-Biodegradable-Spirits-Bottle" target="_blank">Business Wire</a> reported.</p><p>The alcohol giant is collaborating with Danimer Scientific, a leading developer of biodegradable products, to create the new bottles using the natural oils of plant seeds such as palm, canola and soy, the report said.</p><p>According to <a href="https://sports.yahoo.com/bacardi-to-make-100-biodegradable-spirits-bottle-124436841.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAE1Wl8ONNdph3ID8reylzGM8dbX575Mk96Jw6z3kHZaGjKCz_UgQgxH0Q1n3RNCzhOMBEZ7fAIf8iiOXLRtY9VVHNZsmb-w1VOJnGlzIbuwhmoBo_KOV4dba8FoWrkgmmwwCyQZnRoTL0Uda6HQ4pE5ewGWh2pwQzjS3gKAe1ynm" target="_blank">Yahoo Finance UK</a>, the new bottle will biodegrade in a wide range of environments, including compost, soil, freshwater and seawater. After 18 months, the bottle will disappear completely without leaving microplastics.</p><p>"Nodax PHA is one of the most promising eco-friendly materials in the world today because it delivers the biodegradability that consumers demand without losing the quality feel they receive from traditional plastic," said Danimer Scientific chief marketing & sustainability officer Scott Tuten, reported <a href="https://www.thrillist.com/news/nation/bacardi-biodegradable-spirits-bottle-plastic-free-packaging" target="_blank" rel="noopener noreferrer">Thrillist</a>. "The material provides the best of both worlds, and we look forward to working with Bacardí and incorporating PHA into their iconic packaging."</p><p>Bacardi is also creating a sustainably sourced paper bottle, Yahoo reported.</p><p>The manufacturing of both new bottle types will save energy over petroleum-based plastic ones. Bacardi plans to share the technology with competitors to help in the global fight against <a href="https://www.ecowatch.com/tag/plastic-pollution" target="_self">plastic pollution</a>, and aims to be 100% plastic-free by 2030, reported Thrillist.</p>
3. Burger King Reusable Fast Food Containers<p>Fast food giant <a href="https://www.bk.com/" target="_blank">Burger King</a> plans to launch reusable Whopper boxes and soda cups by next year. Partnering with TerraCycle's zero-waste packaging division Loop, Burger King will nudge customers to return the specialized packaging for hygienic washing and reuse, similar to how milk bottles used to be returned, reported <a href="https://www.marketwatch.com/story/can-burger-kings-reusable-packaging-change-fast-food-forever-11603392581" target="_blank">MarketWatch</a>.</p><p>"During COVID, we have seen the environmental impact of <a href="https://www.ecowatch.com/air-pollution-food-delivery-plastic-waste-2648454324.html" target="_self">increased takeaway ordering</a>, which makes this initiative by Burger King all the more important," said Tom Szaky, TerraCycle and Loop CEO, according to MarketWatch.</p><p>Customers who don't feel comfortable can opt-out of the service, <a href="https://www.abc10.com/article/entertainment/television/programs/the-buzz-burger-king-to-test-reusable-packaging-in-2021/77-f01f1b70-05b7-436d-9971-a7dd6081249b" target="_blank">ABC News</a> reported. Those who are willing to try will be charged a small deposit upon purchase, and when the packaging is returned, they will receive a refund, reported <a href="https://www.cnn.com/2020/10/22/business/burger-king-reusable-packaging-sustainability/index.html" rel="noopener noreferrer" target="_blank">CNN</a>.</p><p>Burger King and TerraCycle are aiming for a container that can be used at least 100 times, reported <a href="https://www.fastcompany.com/90566995/burger-kings-new-whopper-packaging-isnt-greasy-cardboard-its-reusable" rel="noopener noreferrer" target="_blank">Fast Company</a>.</p><p>"The benefit is, you're able to serve your guests without having to create that single-use item in the first place," Matt Banton, global head of innovation and sustainability at Burger King, told <a href="https://www.fastcompany.com/90566995/burger-kings-new-whopper-packaging-isnt-greasy-cardboard-its-reusable" rel="noopener noreferrer" target="_blank">Fast Company</a>. "This product is durable enough to go through the system multiple times, so it's ultimately reducing our environmental impact, and minimizing the amount of single-use packaging that we have to produce as well."</p><p>Burger King has also committed to sourcing 100% of its customer packaging from renewable, recycled or certified outlets, and recycling all customer packaging at its restaurants in the United States and Canada by 2025, reported CNN.</p>
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The ghoulishly named ogre-faced spider can "hear" with its legs and use that ability to catch insects flying behind it, the study published in Current Biology Thursday concluded.
"Spiders are sensitive to airborne sound," Cornell professor emeritus Dr. Charles Walcott, who was not involved with the study, told the Cornell Chronicle. "That's the big message really."
The net-casting, ogre-faced spider (Deinopis spinosa) has a unique hunting strategy, as study coauthor Cornell University postdoctoral researcher Jay Stafstrom explained in a video.
They hunt only at night using a special kind of web: an A-shaped frame made from non-sticky silk that supports a fuzzy rectangle that they hold with their front forelegs and use to trap prey.
They do this in two ways. In a maneuver called a "forward strike," they pounce down on prey moving beneath them on the ground. This is enabled by their large eyes — the biggest of any spider. These eyes give them 2,000 times the night vision that we have, Science explained.
But the spiders can also perform a move called the "backward strike," Stafstrom explained, in which they reach their legs behind them and catch insects flying through the air.
"So here comes a flying bug and somehow the spider gets information on the sound direction and its distance. The spiders time the 200-millisecond leap if the fly is within its capture zone – much like an over-the-shoulder catch. The spider gets its prey. They're accurate," coauthor Ronald Hoy, the D & D Joslovitz Merksamer Professor in the Department of Neurobiology and Behavior in the College of Arts and Sciences, told the Cornell Chronicle.
What the researchers wanted to understand was how the spiders could tell what was moving behind them when they have no ears.
It isn't a question of peripheral vision. In a 2016 study, the same team blindfolded the spiders and sent them out to hunt, Science explained. This prevented the spiders from making their forward strikes, but they were still able to catch prey using the backwards strike. The researchers thought the spiders were "hearing" their prey with the sensors on the tips of their legs. All spiders have these sensors, but scientists had previously thought they were only able to detect vibrations through surfaces, not sounds in the air.
To test how well the ogre-faced spiders could actually hear, the researchers conducted a two-part experiment.
First, they inserted electrodes into removed spider legs and into the brains of intact spiders. They put the spiders and the legs into a vibration-proof booth and played sounds from two meters (approximately 6.5 feet) away. The spiders and the legs responded to sounds from 100 hertz to 10,000 hertz.
Next, they played the five sounds that had triggered the biggest response to 25 spiders in the wild and 51 spiders in the lab. More than half the spiders did the "backward strike" move when they heard sounds that have a lower frequency similar to insect wing beats. When the higher frequency sounds were played, the spiders did not move. This suggests the higher frequencies may mimic the sounds of predators like birds.
University of Cincinnati spider behavioral ecologist George Uetz told Science that the results were a "surprise" that indicated science has much to learn about spiders as a whole. Because all spiders have these receptors on their legs, it is possible that all spiders can hear. This theory was first put forward by Walcott 60 years ago, but was dismissed at the time, according to the Cornell Chronicle. But studies of other spiders have turned up further evidence since. A 2016 study found that a kind of jumping spider can pick up sonic vibrations in the air.
"We don't know diddly about spiders," Uetz told Science. "They are much more complex than people ever thought they were."
Learning more provides scientists with an opportunity to study their sensory abilities in order to improve technology like bio-sensors, directional microphones and visual processing algorithms, Stafstrom told CNN.
"The point is any understudied, underappreciated group has fascinating lives, even a yucky spider, and we can learn something from it," he told CNN.
There are many different CBD oil brands in today's market. But, figuring out which brand is the best and which brand has the strongest oil might feel challenging and confusing. Our simple guide to the strongest CBD oils will point you in the right direction.
In 'Road Map for a More Sustainable Future,' NY Regulator Tells Banks to Consider Climate Risks in Planning
By Brett Wilkins
Regulators in New York state announced Thursday that banks and other financial services companies are expected to plan and prepare for risks posed by the climate crisis.
A NASA spacecraft has successfully collected a sample from the Bennu asteroid more than 200 million miles away from Earth. The samples were safely stored and will be preserved for scientists to study after the spacecraft drops them over the Utah desert in 2023, according to the Associated Press (AP).