Morningstar Approves Of PACE

The ECOreport looks at their latest report and finds Morningstar approves of PACE

By Roy L Hales

As the Wallstreet Journal once put it, “Morningstar stands alone” in their field. The Chicago based research firm has provided the leading qualitative and quantitative analysis of more than 540,000 investment stocks, mutual funds, and similar vehicles. Thus their opinion of the Property Assessed Clean Energy (PACE) program is weighty and their new report makes it obvious that Morningstar approves of PACE.

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Trump Administration Needs To Be Watched

The ECOreport reposts an OP-ED by a former senior analyst from the DOE, the Trump administration needs to be watched

Originally Published in the Fairfax Times

By Dr. Allan Hoffman

I voted for Hillary Clinton to become our next President because I thought she was a better choice than Donald Trump in temperament, experience, and policy. I also thought it was time to have a female president. I did this despite two serious misgivings about Clinton, her handling of the health insurance issue in the early days of her husband’s first term as President, and her failure to respond adequately to the seriousness of her decision to use a private email server while serving as Secretary of State. As a former government official I understand how frustrating dealing with the security systems in government can be, but poor judgements were made by Clinton and her staff, all of whom should have known better. Nevertheless, I was strongly offended by many of Trump’s statements during the Republican primary race and the general election, and saw no way to vote for a man I considered an uninformed and arrogant demagogue.

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Sacramento’s Biggest Corporate Lobby

THE ECOreport reposts an OP-Ed: the Western States Petroleum Association’s grip on California,  Sacramento’s Biggest Corporate Lobby

by Dan Bacher

This is a revised transcript of a short speech that I gave at the end of the “Changefest rally” held on the north steps of the State Capitol in Sacramento on January 21. I will post a report on the rally later.

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The Rich & Connected Appear To Run British Columbia

The ECOreport looks at stories of the a corrupt political process, the rich & connected appear to run British Columbia

By Roy L Hales

More than a week has passed since the New York Times carried the story. The author, Dan Levin, told Global News, “If this were in Russia or China or the Balkans or some developing-world country, it would just be written off as nepotism or corruption, but here (in British Columbia), because it’s not illegal, it seems to just get a pass.” Corporate and union donations to political parties are banned in Nova Scotia, Manitoba, Alberta and Ontario, but not in British Columbia. NDP MLA David Eby believes the corruption runs much deeper than the $50,000-a-year “commission” Premier Clark receives from her party’s campaign chest. The rich & connected appear to run British Columbia.

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Extreme Weather Cost US Communities $53 Billion In 2016

The ECOrerport reposts analysis of the damages caused by climate change, extreme weather cost US Communities $53 billion in 2016

Originally Published on Center for American Progress

By Miranda Peterson and Cathleen Kelly

Extreme weather and climate disasters caused a staggering 297 deaths and $53.5 billion in economic damage in the United States in 2016. Of these disasters, 15 cost at least $1 billion and together triggered $49.1 billion in damage across 38 states. Center for American Progress analysis found that the economic toll of the 15 most destructive extreme weather events in 2016 was more than double the cost of similarly catastrophic events in 2015, which totaled $21.5 billion. Damage costs due to these severe weather, flood, wildfire, and drought events include insured and uninsured losses tied to damaged homes, businesses, buildings, cars, energy and transportation infrastructure, and agricultural assets. These damage costs, however, underestimate the total economic consequences of extreme weather: They do not take into account the destruction of natural assets—such as wetlands and parks—health care costs, and the economic impact tied to loss of life.

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Department Of Justice Says America On Costly, Insecure & Environmentally Dangerous Path

The ECOreport reposts Plaintiff’s summary of court findings, Department of Justice says America on costly, insecure & environmentally dangerous path 

Press Release from Our Children’s Trust

On January 13, the United States filed its Answer to youth plaintiffs’ complaint in Juliana v. United States. In their Answer, the federal defendants make several admissions to their long-standing knowledge of climate change danger and to today’s knowledge on the severity of those impacts.

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The Free World’s New Leader

The ECOreport reposts an OP-ED about Angela Merkel, the Free World’s New Leader

Originally Published on UBC News

Less than a week before U.S. President-elect Donald Trump takes office, Germany’s chancellor, Angela Merkel, is being hailed by many as the last defender of Europe and new leader of the free world.

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California’s Carbon Trading Legislation = Business As Usual

The ECOreport reposts an OP-ED, California’s Carbon Trading Legislation = Business As Usual

Originally Posted on the Daily KOS

By Dan Bacher

On January 12, California Assemblymembers Autumn R. Burke, Jim Cooper, Evan Low, and Blanca Rubio introduced legislation, AB 151, to extend the state’s cap-and-trade program beyond 2020.

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Two Areas Where Silicon Joule Lead Batteries Outperform Lithium

The ECOreport interviews an advanced lead-based battery developer, two areas where Silicon Joule lead batteries outperform lithium.

By Roy L Hales

Gridtential raised another $6M in investments.  These funds will be used to target what CEO Chris Beekhuis described as the inevitable shift from 12V to 48V high-voltage systems in hybrid electric vehicles. Gridtential’s Silicon Joule battery uses an advanced lead-acid design with a silicon substrate for higher energy density, longer cycle life and deeper depth-of-discharge. He described two areas where Silicon Joule lead batteries outperform lithium.

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Michigan’s 6th Commercial PACE Project

The ECOreport looks at Michigan’s 6th Commercial PACE Project & the company funding it.

By Roy L Hales

Michigan passed the legislation for a Commercial PACE (Property Assessed Clean Energy) program in 2010. Businesses and commercial properties in participating municipalties can retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender and repay the loan via a special assessment on their local property tax. It has taken longer for municipalities to opt in and consequently, the state’s PACE programs didn’t really get started until 2016. According to Tommy Deavenport, Chief Operating Officer of Petros PACE Finance, Michigan’s 6th commercial PACE project has now been funded.

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