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“Imagine these hale, these grass huts on the beach,” Mr. Ellison said excitedly of his plans for the new resort. “They are individual hale, built on poles in the sand. We will retain the unspoiled primitive nature of the beach.” He says the hotel will be a model of sustainability—generating electricity from the sun, making its own fresh water, reusing “gray water for irrigation, and all the buildings will be made from light, renewable materials, like bamboo.”
The European Investment Bank (EIB), the world’s largest public financial institution, has announced that, effective immediately, it will no longer finance most coal-, lignite- and oil-fired power stations in an effort to help Europe meet its climate targets.
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L.A.’s Department of Water and Power is rolling out the country’s biggest urban rooftop program, which will pay residents for solar energy they produce in excess of their own needs. The goal is to generate 150 megawatts of solar electricity, or enough to power about 30,000 homes.