#GoodNews: A new Swiss popular initiative, submitted with 146,000 signatures today, will bring binding measures to shift Swiss banks and insurers away from fossil fuels to a vote. You’ll find more information at open.substack.com/pub/swisscli....
NEW: Global coal power generation UNCHANGED in March - even as gas price surged.
Why?
🟡Gas was ALREADY more expensive than coal.
🟡ZERO retired coal units returned.
🟡SOLAR and WIND meeting all the global rise in electricity demand.
#SwissRe, the world’s biggest reinsurance company, played a pioneering role when it ended support for new coal, greenfield oil and gas projects. When will it finally stop underwriting new #LNG terminals? Read my statement at their AGM this morning at swissclimaterambles.substack.com/p/when-will-...
Hawaii joins CA and NY with legislation to hold the oil and gas industry accountable for insurance related losses.
www.bloomberg.com/opinion/arti...
Today, April 7, is Kwibuka32, the commemoration of the 32d anniversary of the first full day of the 1994 genocide against the Tutsis in Rwanda.
Past US presidents marked the date with stock statements of “never again.” Today the president instead echoed the language & threats of the perpetrators.
This is terrorism.
And an explicit threat of genocide.
Crimes against humanity.
No matter what immunity the Supreme Court has invented, there are higher courts of justice.
And even higher courts of eternal judgment.
Banging on this that batteries met up to 44% of demand on the CA grid yesterday, roughly equivalent to 6 hoover dams. Cheap batteries are powering the grid. www.linkedin.com/posts/nicola...
"Developers will be required to install solar panels and heat pumps in all new homes in England as part of updated planning requirements published by the government."
Imagine taking the energy transition seriously.
Is anyone surprised? One more reason for Europe not to build on #LNG!
Spain's renewables build-out has structurally decoupled its electricity prices from gas markets. Gas now sets the price in only 15% of hours, compared to 90% in Italy.
Countries that invested early in clean power are far less exposed to fossil fuel price shocks. Those that didn't now pay the price.
Even though solar power is booming, a new gas power project threatens to lock #Senegal into buying expensive fossil power for 30 more years. Switzerland’s SERV appears poised to support the project with an export risk guarantee. Read my blog post on the case at open.substack.com/pub/swisscli....
Turns out lawlessness is not a winning strategy. See you at Nuremberg 2.0
"From the US you get forced into trade deals promising a future of burning fossil fuels whose price is subject to wildly destructive US adventurism. From China you get reliably cheap EVs and green tech to generate renewables"- giftarticle.ft.com/giftarticle/... via @alanbeattie.bsky.social
Trump's Big Beautiful Own Goal in Alaska: Not a single company bid for new offshore oil and gas exploration opportunities in Alaska’s Cook Inlet, dealing a blow to President Trump’s ‘drill, baby drill,’ agenda. www.nytimes.com/2026/03/04/c...
The sun won’t always shine and the wind won’t always blow, they said. Well guess what: #LNG doesn’t always flow. And while the wind will blow again tomorrow and its power can be stored in batteries, the same isn’t true for LNG. www.politico.eu/article/worl...
Activists today submitted the NGO demands to the board of the Swiss export credit agency, #SERV. They displayed clocks running late to highlight that by delaying the transition from gas to clean energy, Switzerland is behind the times. For more info: swissclimaterambles.substack.com/p/financing-...
40 Swiss and international NGOs today called on the Swiss government to honor its climate pledges and stop financing international gas power plants immediately. "Switzerland must no longer be among the small group of countries that sabotage international climate policy", they argued.
"In the long run, if we don’t address the root cause, which is the substantial amount of emissions from fossil fuels, insurance will no longer be available", @cadavejones.bsky.social points out in this great WaPo portrait. www.washingtonpost.com/post-next/in...
#GoodNews: #MunichRe recently became the first reinsurance company to restrict cover for new #LNG terminals. The restrictions are narrow but mark an important breakthrough. Which insurer will take the next step? Read my comment on the #SwissClimateRambles blog at open.substack.com/pub/swisscli....
If Jeff Bezos could afford to spend $75 million on the Melania movie & $500 million for a yacht to sail off to his $55 million wedding to give his wife a $5 million ring, please don't tell me he needed to fire one-third of the Washington Post staff.
Democracy dies in oligarchy.
Rather than depending on lunatic Putin for Russian gas or lunatic Trump for American gas, perhaps Europe should develop its own domestic power supply and be free of lunatics entirely.
No Kings is projected on to a mountainside above the town’s lights
Davos, Switzerland, the World Economic Forum.
„Spirit of Dialogue“? Bullshit! As @campaxorg.bsky.social show with a projection on the ski slopes of #Davos right now, the WEF and its guest of honor Donald Trump stand for the Spirit of Plutocracy.
"You didn't give me the peace prize therefore I can start any war I want" is true lunacy.
The inability of the American media to treat this man's clear unfitness for office with anything resembling seriousness will go down as a black mark in history.
Fuckers
Interested in an energy system which is cleaner, cheaper and more resilient than the current electric grid? Make it work like the internet! Listen to this fascinating podcast with Jonas Birgersson of EnergyNet on @volts.wtf - easily the best podcast I have ever heard! www.volts.wtf/p/making-the...
🚨 BREAKING: New York and Hawaiʻi are seeking to make fossil fuel companies pay for skyrocketing home insurance rates in the wake of wildfires and other extreme weather events linked to climate change.
Yes, that does say it all.
UBS is a platinum sponsor of Zurich's first climate week. Meanwhile, the Swiss bank rolls back its climate commitments, still finances fossil fuel expansion and ranks last in @shareaction.bsky.social's latest environmental scorecard. My latest blog at swissclimaterambles.substack.com/p/ubs-europe...