Summary

In today’s edition, food for thoughts: Admit we can’t save everything might be the key to halting climate change. Also, in the Carbon section, analysts at French investment bank Société Générale slashed their EU Allowance price estimates by 24% across the board but said the recent price rout has been overdone, recommending that its clients buy with caution. Finally, in the Natural gas / coal, Russia’s Gazprom makes plans to increase global gas market share.

Quote of the day

“The longer we delay action, the cost of climate stabilisation will rise dramatically.”

Hoesung Lee, the head of the U.N.‘s panel of climate scientists, in the Reuters’ story France’s Royal to head U.N. climate talks after Fabius quits 

Lead stories 

The key to halting climate change: admit we can’t save everything 
By Ayana Elizabeth Johnson – The Guardian
Climate change, and human resistance to making the changes needed to halt it, both continue apace: 2015 was the hottest year in recorded history, we may be on the brink of a major species extinction event in the ocean, and yet political will is woefully lacking to tackle this solvable problem.  
http://bit.ly/1KX5VAp 

Tackling Climate Change Through Profits  
By Reuben Munger – Huffington Post  
Last month in Davos, the World Economic Forum released the results of a survey of 750 experts on the “most significant long-term risks worldwide.” This year the survey was unequivocal: failing to act on climate change is the number one global risk. 
http://huff.to/1KqMMa4

Climate change, fertility and girls’ education 
Brookings
The historic agreement reached at Paris on climate change outlined a range of activities, research, and technical cooperation to mitigate climate change. 
http://brook.gs/1QlxXId  

Palestine to submit UN climate pledge mid-year 
By Megan Darby – Climate Home 
Palestine aims to submit a climate plan to the UN by the middle of the year, its lead envoy has told Climate Home. 
http://bit.ly/1SzqMfK

France’s Royal to head U.N. climate talks after Fabius quits 
Reuters  
French Environment Minister Ségolène Royal said on Wednesday she would take over the presidency of U.N. climate talks, seeking to implement a global deal reached last year to shift away from fossil fuels, after former foreign minister Laurent Fabius quit. 
http://reut.rs/1U8G6PV 

Brain drain hinders Nauru in climate change battle 
Radio New Zealand International
A Nauru climate change activist Nerida Ann Hubert says a brain drain and a generation’s worth of school drop outs are preventing the country from tackling climate challenges. 
http://bit.ly/1Szq3eA 

U.S. States That Embrace Carbon Price Are Unfazed By Scalia And Supreme Court Drama 
By Steve Zwick – Ecosystem Marketplace  
Two days before US Supreme Court Justice Antonin Scalia passed away in Texas, a group of leading environmentalists held a press conference to dissect the implications of the Court’s decision to freeze President Barack Obama’s Clean Power Plan (CPP) pending the outcome of a lawsuit by 29 state attorneys general and some energy companies. 
http://huff.to/1oKM79J 

Events 

Cleantech Innovate London
February 11, 2016
http://jlne.ws/1mg6nOG

CERAWeek 2016 Energy Conference 
Energy Transition: Strategies for a New World 
February 22-26, 2016 
Houston, Texas
http://jlne.ws/1mg7VrX

The Wall Street Green Trading Summit  
Columbia University Club, New York 
March 14, 2016 
http://jlne.ws/doFbLA

Northeast RECs Regional Thought Leader Round Table 
March 23, 2016 
Environmental Markets Association 
Office of Dentons, 1221 Avenue of the Americas, New York 
http://jlne.ws/1mg7iOT

Navigating the American Carbon World (NACW) 2016 
Climate Action Reserve 
May 4-6, 2016 
San Diego, California 
http://goo.gl/Ah5s1I

CARBON EXPO 2016 
Global Carbon Market Fair and Conference 
May 25-27, 2016 
Cologne 
http://jlne.ws/1mg8bqR

Cleantech Innovate Scotland 
June 9, 2016 
http://jlne.ws/1mg6nOG

Carbon

EU carbon price rout “overdone”, but buy with caution – SocGen 
Carbon Pulse  
Analysts at French investment bank Societe Generale on Tuesday slashed their EU Allowance price estimates by 24% across the board but said the recent price rout has been overdone, recommending that its clients buy with caution.  
http://bit.ly/1QJLjbs 

Canada’s Atlantic provinces eyeing regional carbon price -PEI environment minister 
Carbon Pulse  
Canada’s Atlantic provinces are considering introducing a regional carbon price, according to Prince Edward Island’s environment minister. 
http://bit.ly/20ENm69

Natural gas / coal 

Methane Leaks Erase Climate Benefit Of Fracked Gas, Countless Studies Find 
By Joe Romm – Climate Progress  
Fracking is not good for the climate. Or, to put it a tad more scientifically, “By The Time Natural Gas Has A Net Climate Benefit You’ll Likely Be Dead And The Climate Ruined,” as I wrote two years ago. 
http://bit.ly/1Lu4XXe 

A Natural Gas Price War Is Imminent  
By Tim Maverick – Wall Street Journal  
By now, we’re all familiar with the oil share war initiated by Saudi Arabia against other oil producers, mainly the United States. 
http://bit.ly/1QmDrwj 

Russia’s Gazprom Makes Plans To Increase Global Gas Market Share 
Platts  
Russia’s Gazprom is taking steps to increase its share of the global gas market amid uncertain demand and the onset of new LNG supplies from the US and Australia. 
http://bit.ly/1Trirem 

Natural Gas Likely To See $5 Within 2 Years 
By Darian Frost – Seeking Alpha 
Natural gas prices in the United States have hovered around $2-3 for months now. As crude prices have nosedived, many traders have taken that as a cue to take natural gas further down as well. 
http://bit.ly/1Lu6ywk 

The Biggest Natural Gas Discovery Of 2016 Just Got Bigger 
By Dave Forest – Oil Price  
International natural gas is shaping up as one of 2016’s most interesting spots in energy. 
http://bit.ly/1TnUxix

Power

Power from water and graphene 
Nature
Chemists have generated electricity from water by passing it through a material containing atom-thick sheets of carbon. 
http://bit.ly/1OgPOsh 

The wind turbine for your backyard: 26ft ‘Wind Tree’ uses tiny silent blades to generate electricity from light breezes 
By Victoria Woolaston – Mail online
What started out as a concept is now being turned into reality, with several being planned for the French capital. 
http://dailym.ai/24aVhg7 
***LB: Also in this story “French company ‘New Wind’ is installing the first at Place de la Concorde in Paris and is hoping to expand throughout the country and abroad.” 

Siemens 7-megawatt offshore wind power turbine reaches final stage in development process 
PennEnergy  
The development of Siemens’ offshore flagship wind power turbine has reached its final stage: the 7-megawatt (MW) offshore turbine has successfully passed final type certification. 
http://bit.ly/1KqPlcf 

Clean tech 

MIT Cleantech Committee explores how blockchains can distribute renewable electricity 
By Ian Allison  
Experts from MIT are hosting an event next week to explore the potential blockchain technology could in making electricity markets cleaner and more efficient.  
http://bit.ly/1oqpDdr

Ontario Invests Nearly $100 Million to Boost Cleantech Innovation and Create Jobs 
Office of the Premier 
Ontario is putting its new Climate Change Strategy into action by investing nearly $100 million from the Ontario Green Investment Fund into projects that will reduce greenhouse gas emissions, increase energy efficiency and support cleantech innovation and jobs. 
http://bit.ly/1Vo9Yq6

Water

Thousands of Flint residents could join ‘billion-dollar’ water crisis lawsuits 
By Ryan Felton – The Guardian
Hundreds of Flint residents on Tuesday packed into a ballroom at the University of Michigan-Flint, hoping to receive answers from a legal team representing potentially thousands of plaintiffs in several lawsuits filed over the water crisis in Flint, where financial damages may exceed $1bn. 
http://bit.ly/1SzukyG

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