General
Decarbonization and Debt Forgiveness
The economic crisis resulting from our response to COVID-19 is hitting energy intensive industries particularly hard. Airlines, hospitality, restaurants, malls, mines, and factories are shut down across the country, as are oil and gas wells, pipelines, refineries and merchant power plants. Unlike the recession that followed the 2008 financial crisis,…
After the Pandemic, Use EVs to Absorb Spare Utility Capacity
Before the coronavirus pandemic hit, demand for electricity had already been flat or declining on most utility grids in the United States for a decade. But with 297 million people—90 percent of the US population—now under “shelter in place” or “stay at home” orders, the load on utility systems…
Stimulus and Response
For many Americans—workers, families, and business owners—the relief offered by the recent $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act won’t come a day too soon. The bill has been called an economic stimulus, and while it will stimulate the economy, it is more disaster relief. Chiefly, it…
The Coronavirus and Lessons Learned from RMI’s China Office
One of RMI’s six offices is located in Beijing, China. As China’s coronavirus curve flattens, RMI is in a unique position to learn lessons from our passionate, committed Chinese colleagues. This letter from Ting Li, the managing director of RMI’s Beijing office, describes her team’s perspective. I am writing…
Message from the CEO: Coronavirus Update
Dear RMI community, friends, As the situation with the coronavirus quickly evolves, please know that we have taken proactive steps to protect our staff and partners, and the communities where we live and work globally. We have a team dedicated to our response during this challenging time, and we are…