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CelloMom On CarsC

cellomomoncars@mastodon.social

@cellomomoncars@mastodon.social
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Recent Best Controversial

  • "The Commonwealth Bank of Australia (CBA), the country's largest mortgage lender, is the first major Australian bank to start walking away from funding #FossilFuel companies without genuine emissions plans
    CelloMom On CarsC CelloMom On Cars

    "You don’t have to trust your savings to a bank that is using your money to wreck the climate. There are a plenty of environmentally friendly options that offer the same services as the big fossil fuel financiers, including savings and checking accounts, ATMs, CDs, mobile banking, money markets, car loans and mortgages."

    https://themoneytrail.substack.com/p/boycott-banks-fueling-the-climate

    Includes a section on how to find greener banks.

    Uncategorized fossilfuel

  • "EV batteries are degrading more slowly than previously measured, with new research from Geotab showing an average annual degradation rate of 1.8%, down from 2.3% recorded in 2019
    CelloMom On CarsC CelloMom On Cars

    "EV batteries are degrading more slowly than previously measured, with new research from Geotab showing an average annual degradation rate of 1.8%, down from 2.3% recorded in 2019.

    The study identified several factors affecting battery longevity, with temperature playing a significant role. EVs used in hot climates showed faster degradation rates compared to those in temperate conditions, defined as fewer than five days per year above 80°F (27°C) or below 23°F (-5°C)."

    https://www.electrichybridvehicletechnology.com/news/geotab-data-shows-ev-batteries-could-last-20-years.html

    Uncategorized

  • "The Commonwealth Bank of Australia (CBA), the country's largest mortgage lender, is the first major Australian bank to start walking away from funding #FossilFuel companies without genuine emissions plans
    CelloMom On CarsC CelloMom On Cars

    The money pipeline is being reconfigured.
    Water flows downhill, money seeks highest return.

    Levelized cost of energy (LCOE) in 2025
    Utility-scale solar: $25 - $35 per megawatt-hour;
    Gas: $45 - $70 per MWh;
    Coal: $70 - $120 per MWh.

    "The cost gap continues to widen as fossil prices remain volatile. In contrast, the costs of solar and wind fall due to scale, efficiency, and innovation."

    https://www.theenergymix.com/banks-to-fossil-fuels-drop-dead/

    Uncategorized fossilfuel

  • "The Commonwealth Bank of Australia (CBA), the country's largest mortgage lender, is the first major Australian bank to start walking away from funding #FossilFuel companies without genuine emissions plans
    CelloMom On CarsC CelloMom On Cars

    "The Commonwealth Bank of Australia (CBA), the country's largest mortgage lender, is the first major Australian bank to start walking away from funding #FossilFuel companies without genuine emissions plans.

    Court cases, policies, protests, and shareholder climate activism have been ratcheting up the pressure on banks for years."

    https://www.abc.net.au/news/2024-08-17/cba-stops-lending-to-climate-culprits/104219812

    That sound you hear is of the valves in the money pipeline being closed where the money flows to the fossil fuel industry.

    Uncategorized fossilfuel
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