Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
The Los Angeles City Council is preparing to ask voters if they want to create a publicly owned bank, something no city or state in the United States has done in nearly a century. Council members voted Tuesday to start the process of putting a measure on the Nov. 6 ballot that would allow for the creation of such a bank by amending the city charter. The move is an early step in council President Herb Wessons plan to create a public bank, which he said could offer accounts to scores of city cannabis businesses that are shunned by commercial banks because of federal drug laws. It also could help finance affordable housing, he said. David Jette, legislative director of advocacy group Public Bank L.A., said putting the issue to a citywide vote could be a make-or-break moment for public banking, an idea that has gained steam since the financial crisis and lately seen an influx of support from the cannabis industry. Los Angeles, Oakland, San Francisco and the state of California are all in the process of studying whether they can or should start public banks, in part to serve cannabis businesses. For now, though, the U.S. has just one public bank: the Bank of North Dakota, established in 1919. Were cautiously ecstatic, Jette said after Tuesdays vote. This will be a referendum on the idea of public banking. I think this is an existential vote for our entire national movement.
Note: The measure was approved and will be on the November ballot for LA voters. For more, see this excellent webpage. Read a revealing article on how the Bank of North Dakota allowed the state to sail through the 2008 financial crisis while all other 49 states suffered. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Google has more clean power than it needs. The Alphabet Inc. unit used about 7 terawatt-hours of electricity to run all of its global operations last year, and it sourced even more than that, according to Neha Palmer, its head of energy strategy. Corporate buyers are major purchasers of wind and solar power. While part of the motivation is to advance sustainability goals, they’re also finding that clean energy is often the cheapest electricity available. Big technology companies have been leading this trend, and Google has been the biggest of them all. “Our electric consumption is the largest part of our carbon footprint,” Palmer said in a phone interview. “The renewable-energy program we have is the best way to mitigate our carbon impact.” Companies signed long-term agreements for a record 5.4 gigawatts of clean capacity globally last year, according to Bloomberg New Energy Finance, up from 4.3 gigawatts in 2016. That’s enough to displace at least 10 coal-fired power plants. Google signed its first clean power-purchase agreement in 2010, and since then it’s arranged about 25 more, prompting more than $3 billion in new clean-power plants. Google has agreed to buy ... more than double that of Amazon.com Inc., the next biggest green consumer. “It’s a significant investment, leading to lots of new renewables projects,” Kyle Harrison, a New York-based analyst ... said. “It’s a long-term bet on clean energy, a hedge against wholesale prices.”
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
