Appalachian Voices News Release, June 29, 2020
NATIONWIDE – Today, 80 local, regional, and national organizations and leaders unveiled their National Economic Transition (NET) platform to give federal and national leaders and policymakers the framework for an ambitious national transition program that supports the people and places hit hardest by the changing coal economy.
This NET platform was crafted by local, tribal, and labor leaders living and working in coal communities, along with non-profit sector partners, during a year-long collaboration led by the Just Transition Fund. Amid the sharp decline of the coal sector over the past decade, these community leaders have already developed and implemented local policy solutions that help tackle the climate crisis and spur inclusive, equitable, and sustainable economic growth in places that once relied on coal. Read more here.
Just Transition Fund (JTF)
As the only national philanthropic initiative focused solely on coal community transition, the Just Transition Fund is uniquely positioned to serve as a hub to build, connect, and sustain the transition movement. Based on our experience in the field, we’ve discovered that communities need both investment and technical assistance to advance transition efforts.
Where JTF Works
The Fund focuses on coalfield and power plant communities. Geographic priorities include key states in Appalachia, the West, and the Midwest. The Fund gives preference to states experiencing the largest numbers of plant retirements and to regions that contain both plants and mines.
FINANCIAL STRATEGIES FOR TRANSITIONING FROM COAL TO RENEWABLES
New Renewable Energy Cheaper than Coal Plants, North American Windpower
New renewable energy is already cheaper than continuing to operate coal plants in much of the world, according to a recently released report by the Rocky Mountain Institute, Carbon Tracker Initiative and Sierra Club. The report, How to Retire Early: Making Accelerated Coal Phase-Out Feasible and Just, lays out specific financial strategies that utilities and policy makers can use to engineer a faster phase-out of coal in various regions of the world.
NEW GREEN BIZ REPORT & WEBINAR
How Corporations are Managing Risk, Resiliency and Sustainability Report, GreenBiz
Download the report and register for the GreenBiz webcast on July 14th to hear directly from both the research sponsor, NRG Energy, and several participants: How Businesses Can Overcome Barriers to Achieving Climate Goals.
As much as $125 billion needed by 2030 to support EV growth: Brattle report, American Public Power Association. An investment of between $75 billion and $125 billion in the electric power system will be needed by 2030 to serve 20 million electric vehicles, according to a report by The Brattle Group. There will be 10 to 35 million electric vehicles in the United States by 2030, a steep rise from the 1.5 million electric vehicles on U.S. roads in 2020, Brattle economists estimate. Factors driving the proliferation of electric vehicles include decreasing vehicle and battery costs, an expanding variety of electric vehicle models, more widespread charging infrastructure, as well as favorable federal and state policies and incentives, they say.