100% Renewable Energy in California
Look at a fully sustainable city
The forward-leaning morning newsletter for those
who love all things green
June 13, 2022
Topics: 100% renewable energy, California, environment, Smart Forest City, Mexico, crypto, integrating and regulating digital assets
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👏California does IT California has led the nation as the country's most populated state. Today, Texas is the next closest populous state with a third less of the Golden State's population.
For decades, California's incredible economy has recorded it as the fifth largest in the world, competing with the U.K. and Germany. It has now broken another incredible milestone on its journey to lead by example. On May 8, California met the state's energy needs using 100% renewable sources for a few hours. This is a remarkable achievement. #CaliforniaProud
🤝Making plans The Ninth Summit of the Americas was held in Los Angeles last week, and California's Governor Gavin Newsom and Canada's Prime Minister Justin Trudeau signed a Memorandum of Cooperation (MOC) that advanced California and Canada's partnership to support each other in fighting climate change.
California and Canada teamed up in 2019 to achieve electrification and a circular economy plan. Both state and nation aim to also partner with leaders and academics at the UN Climate Week coming up in September to drive shared work on wildfire and forest resilience. During Newsom's tenure, he has signed other MOCs with other countries like New Zealand and Japan. With China he signed a Memorandum of Understanding. #leadership #initiative.
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🇺🇸More renewable energy on our public lands As many more renewable energy projects as possible on public lands will help the U.S. reach net zero by 2050, proclaimed Secretary of the Interior Deb Haaland recently in Las Vegas. Haaland is crafting a plan on how to bring at least 25,000 megawatts of renewable energy to government-owned lands by 2025.
To achieve that, she said the Department would establish Renewable Energy Coordination Offices within the Bureau of Land Management (BLM) offices in Arizona, California, Nevada, and Utah to manage public lands used for renewable energy projects. They will also implement reductions to rent and fees charged for wind and solar projects on public lands by over 50%. BLM is hiring project managers in Idaho and Colorado.
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🇲🇽Mexico's Smart Forest City An Italian architecture firm wants to build a first-of-its-kind self-sustaining ‘Smart Forest City’ near Cancun, Mexico. The design by Stefano Boeri Architetti will have green spaces containing 7 million plants, and all electricity will be generated from solar power. It will also grow all its own food and use a solar tower to desalinize water from the Caribbean Sea.
The city will house 130,000 inhabitants and fossil fuels vehicles will not be allowed inside the city, only EVs and the electric public ‘Mobility in Chain’ transit system. The city will have a high-tech innovation campus with research and development centers to host students and researchers from around the globe to work on environmental sustainability. It will also responsibly utilize Big Data Management to improve city governance.
😮Crypto surprise Most of the 50 million Americans who invested in cryptocurrencies in the last six months are people over 50 years old. Working-class people in the U.S. above 50 years are choosing cryptocurrencies as part of their retirement plans, despite crypto prices being at their lowest...Buying in the dip strategy, perhaps.
In addition, a Fed survey revealed that they see cryptocurrency as the future of finance. Bitcoin currently trades at around $25,769 and Ethereum at $1,377, but investors expect both to bounce back before the end of the year.
📜Regulating crypto Two U.S. senators introduced a comprehensive bipartisan cryptocurrency bill to regulate the industry. The Responsible Financial Innovations Act, introduced by Republican Cynthia Lummis and Democrat Kirsten Gillibrand on June 7, aims to classify digital assets into securities and commodities with appropriate regulations, lighten the tax burden for crypto holders and miners, and protect consumers, among other things. We will keep you updated!
Stay Curious... Who are we?
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Thanks again for being you. Until the next issue, be sure to add more green to your life!
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