The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.

Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.

Stocks of clean-energy companies are proving to be better investments than those of companies that produce most of the Western Hemisphere's power, and are outperforming the rest of the stock market as well.

The evidence is found in the New York Stock Exchange Bloomberg Americas Clean Energy Index. Its 141 companies, all based in North and South America, returned 32.62 percent in the past two years. In contrast, the 40 conventional-energy companies in the Standard and Poor's 500 Energy Index returned 1.02 percent over the same period, according to data compiled by Bloomberg.

Clean energy also is beating the rest of the stock market. The Clean Energy Index is up 6.02 percent so far this year. Lagging behind are both the S&P 500 and the Russell 3000 Index, which gained 3.12 percent and 3.86 percent respectively in 2015.

Publicly, the United Nations climate-change talks look mired in disputes over everything from money to the length of the proposed agreement.

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.

Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.

Less than two weeks after 175 nations signed the pivotal Paris Agreement on climate change, a question lingers: What happens now?

Recently I traveled to San Francisco to participate in international efforts to meet the challenge of climate change and accelerate the global transition to clean energy. The main event was the Seventh Clean Energy Ministerial (CEM7), a meeting of 23 countries and the European Commission.

Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.

The United States and China on Sept. 3 formally joined the Paris Agreement in a ceremony in Hangzhou, China, ahead of the G20 Summit. President Obama and President Xi both deposited their country’s official instrument with United Nations Secretary, General Ban-Ki Moon.

The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
 

It’s never been more important to put powerful AI tools in the hands of the world’s leading medical researchers. That’s why we’re introducing MONAI, our latest initiative with King’s College London. This open-source AI framework for healthcare builds on the best practices from existing tools, including NVIDIA Clara, NiftyNet, DLTK and DeepNeuro. MONAI is user-friendly, Read article >

The post NVIDIA and King’s College London Announce MONAI Open Source AI Framework for Healthcare Research appeared first on The Official NVIDIA Blog.

Sometimes it takes an elevated view to appreciate the big picture. NASA’s iconic “Blue Marble,” taken in 1972, helped inspire the modern environmental movement by capturing the finite and fragile nature of Earth for the first time. Today, aerial imagery from satellites and drones powers a range of efforts to monitor and protect our planet Read article >

The post Earth to AI: Three Startups Using Deep Learning for Environmental Monitoring appeared first on The Official NVIDIA Blog.

Get Amped for Latest Platform Breakthroughs in AI, Deep Learning, Autonomous Vehicles, Robotics and Professional Graphics

NVIDIA today announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of $7 billion. The acquisition, initially...

For decades, car owners looking for the latest technology features have had to wait for the arrival of a new model year. Now, their daily ride can always be state of the art. The Xpeng P7 is an all-electric sports sedan developed from the ground up for an intelligent driving future. Introduced this week in Read article >

The post Beyond Horsepower: Xpeng P7 Shows What’s Next for Intelligent Transportation appeared first on The Official NVIDIA Blog.

Dating apps may get all the press, but NerdWallet has been refining the art of financial matchmaking for more than a decade. The company provides its members with sound financial advice generated by machine learning algorithms. But as computing has advanced, so has NerdWallet’s ambition. Now the company is using AI to better match casual Read article >

The post Banking on AI: NerdWallet’s Recommendation Engine Matches Customers with Relevant Financial Products appeared first on The Official NVIDIA Blog.

NVIDIA founder and CEO Jensen Huang sent the following letter to our enlarged employee base when the Mellanox acquisition closed earlier this week: ​Hi everyone, I hope all of you and your families are well and safe during these extraordinary times. On March 11 last year, we announced plans to buy Mellanox, the world leader in Read article >

The post Letter From Jensen: Building the New NVIDIA Together appeared first on The Official NVIDIA Blog.

NVIDIA will host a conference call on Thursday, May 21, at 2:30 p.m. PT (5:30 p.m. ...

NVIDIA Chief Scientist Bill Dally this week released an open-source design for a low-cost, easy-to-assemble mechanical ventilator. The ventilator, designed in just a few weeks by Dally — whose storied technology career includes key contributions to semiconductors and supercomputers — can be built quickly from just $400 of off-the-shelf parts, Dally says. Traditional ventilators, by Read article >

The post NVIDIA Chief Scientist Releases Low-Cost, Open-Source Ventilator Design appeared first on The Official NVIDIA Blog.

If you think flying commercial is stressful, consider the air cargo industry. Unlike passenger flights, which are often booked and paid for months in advance, cargo shipments are typically booked just 10 days before the planned departure. And customers don’t have to pay until they drop off their shipments. However, even when customers create a Read article >

The post American Airlines Delivers the Goods, with Data Science Workstations appeared first on The Official NVIDIA Blog.

NVIDIA Chief Scientist Bill Dally this week released an open-source design for a low-cost, easy-to-assemble mechanical ventilator. The ventilator, designed in just a few weeks by Dally — whose storied technology career includes key contributions to semiconductors and supercomputers — can be built quickly from just $400 of off-the-shelf parts, Dally says. Traditional ventilators, by Read article >

The post NVIDIA Chief Scientist Releases Low-Cost, Open-Source Ventilator Design appeared first on The Official NVIDIA Blog.

If you think flying commercial is stressful, consider the air cargo industry. Unlike passenger flights, which are often booked and paid for months in advance, cargo shipments are typically booked just 10 days before the planned departure. And customers don’t have to pay until they drop off their shipments. However, even when customers create a Read article >

The post American Airlines Delivers the Goods, with Data Science Workstations appeared first on The Official NVIDIA Blog.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.