Summary

Is it wishful thinking? In today’s edition, Exxon says oil and gas will still dominate energy in 2040. That may be, but now oil is cheap and it is the climate deal’s first big hurdle. Finally, an oil power has pledged to require that environmental reviews of proposed oil pipelines consider greenhouse gas effects, however. It’s Canada.

Quote of the day

“The federal role is to put into place a process by which TransCanada and any other company could demonstrate that their projects are in the public interest and could have public support.”

Canadian Prime Minister Justin Trudeau, in the Reuters’ story Canada to set climate change tests in pipeline reviews: Trudeau 

Lead stories 

Exxon says oil and gas will still dominate energy in 2040 
Associated Press
The way oil giant Exxon Mobil sees it, the global energy landscape won’t be radically different in 2040 than it is today. 
http://bit.ly/1RLwzi3 

Climate Deal’s First Big Hurdle: The Draw of Cheap Oil 
By Clifford Krauss and Diane Cardwell – The New York Times 
Barely a month after world leaders signed a sweeping agreement to reduce carbon emissions, the global commitment to renewable energy sources faces its first big test as the price of oil collapses. 
http://nyti.ms/1JClSf8

Canada to set climate change tests in pipeline reviews: Trudeau 
By Allison Lampert – Reuters  
Canadian Prime Minister Justin Trudeau pledged on Tuesday to require that environmental reviews of proposed oil pipelines consider greenhouse gas effects, and said it was not his role to be a cheerleader for such projects. 
http://reut.rs/1lP1YlA 

Donald Trump Vs. Sea Level Rise 
By Peter Aldhous – BuzzFeed News 
“Located on 240 feet of pristine beach, Trump Hollywood offers spectacular views of the ocean,” boasts the Trump Organization on its website. 
http://bzfd.it/202dxZh

Companies have environmental ‘blind spot’ in supply chains: study 
By Alister Doyle – Reuters 
Many multinationals have a blind spot in judging the environmental impact of their suppliers’ operations, adding to corporate risks linked to climate change, according to a study published on Tuesday. 
http://reut.rs/1Pijsm7

Events 

EUEC 2016 Conference & Expo
Feb 3 – Feb 5, 2016
San Diego Convention Center, CA 
http://www.euec.com/    

Carbon

Study: Grid For Renewables Key to Cutting Emissions 
By Bobby Magill – Climate Central  
Carbon dioxide emissions from generating electricity could be cut by 78 percent within the next 15 years if the country makes the same Herculean effort to expand solar and wind technology that it did to build the Interstate Highway System. 
http://bit.ly/1nlSwXN

Natural gas / coal

California pushing insurers to cut coal investments
By Devin Henry –  The Hill  
California officials are asking state insurers to end their investments in coal. 
http://bit.ly/1TlYXqs   

Let Coal Die. Save Coal Country 
Bloomberg News (Editorial)
The decline of coal as a source of electric power is inevitable and well under way. 
http://bv.ms/20r6hD5

A look at China’s efforts to reduce coal use 
DW
China’s domestic coal production fell 3.5 percent in 2015, while imports dropped by almost 30 percent, according to Chinese government data. 
http://bit.ly/1Qqq4hj 

Fracking fears raised by methane gas study 
By John Moylan – BBC News 
Research on the amount of gas leaked from onshore oil and gas wells raises “serious questions” over the development of fracking in the UK, Greenpeace has said. 
http://bbc.in/1PQhEgn 

Obama officials rush to curb methane on public lands 
By Ellen M. Gilmer and Mike Soraghan – E&E  
The Obama administration says it has no time to waste on finalizing efforts to curb the oil and gas industry’s methane emissions. 
http://bit.ly/1PQix8F

Power

Solar panel costs predicted to fall 10% a year 
By Megan Darby – Climate Home (part of the Guardian Environment Network)  
Solar power costs are tumbling so fast the technology is likely to fast outstrip mainstream energy forecasts.  
http://bit.ly/1UpboAa 
***LB: Also in this story “That is the conclusion of Oxford University researchers, based on a new forecasting model published in Research Policy.” 

Cutting Pollution From U.S. Power Plants Cheaper Than You Think 
By Alex Nussbaum – Bloomberg News  
Cutting global-warming pollution in the U.S. may not be so costly after all. 
http://bloom.bg/1PijVVw

Refund of charges to prolong for Delta Hedge of Power Options / EEX to delist EURO Coal Futures 
EEX Customer Information 
To further support the positive market development of Power Options, EEX will prolong to waive any trading fees for future transactions which were concluded as “Delta Hedge” for Phelix-, French-, Italian-, Nordic- and Spanish-Base-Options. 
http://bit.ly/1lP60Kx 

Disarray in EDF board ahead of Hinkley point decision 
By Jocelyn Timperley – BusinessGreen
A trade union represented on EDF’s board has raised a set of last-minute doubts ahead of the company’s final decision on whether to build the Hinkley Point nuclear plant in Somerset. 
http://bit.ly/20r5aDn

Clean tech

Sunverge Named to Global Cleantech 100 List 
PRNewswire
Intelligent energy storage leader Sunverge Energy today announced it has been named to the 2015 Global Cleantech 100, a comprehensive list of the most innovative and promising private companies in cleantech. 
http://prn.to/1Pikize 
 
If Tesla ever made a Super Bowl ad, this would be it 
By Tom Warren – The Verge  
Tesla’s autopilot feature has led to some Model S owners doing stupid things with their cars for YouTube videos. 
http://bit.ly/1K8QxAs 

Hope for Hydrogen? CARB Conditionally Certifies Tri-Generation Fuel Cell Plants as Renewable H2 Power Source 
By Nikki Gordon-Bloomfield -Transport Evolved 
Aside from the obvious challenges that come from implementing a brand-new refuelling infrastructure capable of safely storing and pumping compressed hydrogen (and the costs associated with building hydrogen fuel cell stacks), the other major problem with using hydrogen as a fuel source is that right now, the majority of hydrogen produced around the world comes from the reforming of fossil fuels like compressed natural gas or waste gasses produced during the fracking of oil. 
http://bit.ly/1Tm2PI4

Water

El Niño means glaciers in the Andes are melting at record rates 
New Scientist  
Tropical glaciers in the Andes are melting at their fastest rate for 12 years, thanks to the record-breaking El Niño that is warming up the area, according to new data analyzed for New Scientist
http://bit.ly/1NycrrM 

Ocean Warming is Making Floods Worse, Study Finds 
By John Upton – Climate Central
Floodwaters that washed icy brine into streets and homes along the eastern seaboard during Saturday’s blizzard reached heights in some places not experienced since Hurricane Sandy. 
http://bit.ly/1ONeKew 

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