In today’s edition, climate expert Lord Stern warns that economic models are underestimating climate risks and clean tech opportunities. Also, New York state’s comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy. Finally, scientists calculate our debt to the Earth. Guess what? It is huge.
Quote of the day
“The business-as-usual baseline, against which costs of action are measured, conveys a profoundly misleading message to policymakers that there is an alternative option in which fossil fuels are consumed in ever greater quantities without any negative consequences to growth itself.”
Climate change expert Lord Stern, in the BusinessGreen’s story Lord Stern warns economic models are underestimating climate risks and clean tech opportunities
Lord Stern warns economic models are underestimating climate risks and clean tech opportunities
By Jocelyn Timperley – BusinessGreen
The economic models currently used to calculate the risks and costs associated with climate change adaptation and mitigation are “grossly misleading”, Lord Stern has said.
Clean Power Plan Opponents Lean on Scalia in Briefs
By Andrew Childers – Bloomberg News
Justice Antonin Scalia died before the U.S. Supreme Court had a chance to hear legal arguments against the Environmental Protection Agency’s Clean Power Plan, but the rule’s opponents leaned heavily on the late jurist’s words when crafting arguments against the rule.
Exclusive: New York asks SEC to force climate vote onto Exxon proxy
By Ernest Scheyder – Reuters
New York state’s comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer to include a climate change resolution in its annual shareholder proxy, according to a filing seen by Reuters.
More aggressive climate policies could save us $1 trillion each year
By Scott K. Johnson – ArsTechnica
One of the obstacles to making the case for environmental policies is that the financial cost of an action can be easy to calculate, while the benefits can be much more difficult to fully quantify.
Scientists calculate our debt to the Earth
By Tim Radford – climate news network
Perhaps for the first time, scientists have put a direct cash value on the metaphor that conservationists call “natural capital”.
***LB: Also in this story “This is, in effect, the money humans don’t have to spend on services that nature supplies for free – such as crop pollination, water purification, and coastal protection by wetlands, sandbanks and reefs.”
Who’s in line to be the next UN climate change chief?
By Ed King – Climate Home (part of the Guardian Environment Network)
There’s a well-paid vacancy at the United Nations going at the moment.
The Link Between Zika and Climate Change
Last year, a team of researchers made a surprising discovery: Aedis aegypti mosquitoes—the species that spreads West Nile Virus, dengue, chickungunya and, most recently, Zika—were living year-round in the Capitol Hill neighborhood of Washington, D.C.
Adjusting the EU’s climate targets to meet the Paris Agreement
By Dr Bert Metz – EurActiv.com
The successful outcome of the COP 21 in Paris was the result of an unprecedented international effort to address the challenge of holding global warming to less than 2°C above pre-industrial levels – a target that had already been agreed in Cancun in 2010.
What determines whether people accept climate science? Politics, politics, politics
By Heather Smith – Grist
What kind of person doesn’t believe that climate change is a problem? What kind of person does?
Climate Change: Study Connects Climate Change And Wealth
By Tyler MacDonald – HNGN
As climate change continues to warm the Earth and fish and other important resources move toward the Earth’s poles, so are the world’s wealthiest people, according to a new study from Rutgers University.
CERAWeek 2016 Energy Conference
Energy Transition: Strategies for a New World
February 22-26, 2016
The Wall Street Green Trading Summit
Columbia University Club, New York
March 14, 2016
Northeast RECs Regional Thought Leader Round Table
March 23, 2016
Environmental Markets Association
Office of Dentons, 1221 Avenue of the Americas, New York
Navigating the American Carbon World (NACW) 2016
Climate Action Reserve
May 4-6, 2016
San Diego, California
CARBON EXPO 2016
Global Carbon Market Fair and Conference
May 25-27, 2016
Cleantech Innovate Scotland
June 9, 2016
Heathrow 13 avoid prison time with six-week suspended sentence
By Madeleine Cuff – BusinessGreen
The 13 activists who chained themselves to a runway at Heathrow in August 2015 have narrowly avoided jail time today, after being handed a six-week prison sentence suspended for 12 months, plus community service.
Natural gas / coal
Natural Gas Prices Near 16-Year Low
By Nicole Friedman – The Wall Street Journal
Natural gas slid to a new two-month low Wednesday as traders watched the growing oversupply of the fuel.
Greenhouse gas emissions from synthetic natural gas production
By Sheng Li and Lin Gao – Nature
China is developing technology to process coal into synthetic natural gas (SNG). This process would both attain energy security and implement clean coal technology.
Israel’s natural gas potential triple what was thought
By Amir Ben David – Ynet.com
The Energy Ministry has tripled its estimate of the volume of still-undiscovered natural gas in Israeli waters.
Where the Sun Doesn’t Set on Solar
By Alan Neuhauser – US News and World Report
Green energy advocates and utility companies for years have struggled to clear one of the last great hurdles facing solar and wind power: how to provide electricity even when the sun’s not shining and the wind’s not blowing.
(NY) City and State Must do More to Embrace Wind Power
By Heather Leibowitz – CityLimits.org
On Thursday, more than 100 New Yorkers joined community groups, environmental justice leaders, national environmental organizations, and local officials on the steps of City Hall to thank Mayor Bill de Blasio for his commitment to power 100 percent of city operations with renewable energy and urge him to ensure that offshore wind power plays a major role in achieving that goal.
ScottishPower Renewables gives green light to ‘best value offshore wind farm in the world’
By James Murray – BusinessGreen
ScottishPower Renewables has today confirmed it is to start work on the 714MW East Anglia ONE offshore wind farm, hailing it as the “best value offshore wind farm in the world”.
Tata Power gets forest clearance for wind power project in Karnataka
A state green panel has given forest clearance to Tata PowerBSE -0.43 % Company for setting up of a 52.50 MW wind power project in Koppal district, Karnataka.
Cuomo touts Troy startup in clean tech announcement, with more money on the way
By Chelsea Diana – Albany Business Review
New York has invested $14 million in 141 clean technology companies in the last few years, including Bess Technologies, a Troy, New York startup aiming to make better batteries.
Tesla Underestimates How Much It Costs To Charge A Model S
By Chuck Jones – Forbes
Tesla’s website has a calculator to determine how much it costs to charge a Model S.
Tesla Will Now Tow Cars For Free For 500 Miles
By Katie Fehrenbacher – Fortune
Tesla boosts its customer service game, again.
Tesla, Faraday, Elio: Start-Up Automakers Aim to Carve Out a Niche
By Paul A. Eisentein – NBC News
A few months from now, a new automotive assembly plant will begin to rise from the sands just outside of Las Vegas.
Senators reach deal to help state water programs after Flint
U.S. Senators unveiled legislation on Wednesday providing federal aid to help states fix water infrastructure in the wake of Flint, Michigan’s crisis over lead-tainted drinking water.
(Zimbabwe) Groundwater Crisis Worsens Food Insecurity
By Ignatius Banda – IPS
Sijabuliso Nleya has been kept busy in the past few weeks digging up sand. He is not a sand poacher like scores of people who local district councils across the country say are digging along dry river beds for sand used in the construction of houses.
How Evolution’s Innovations Can Help Scientists Yank Water Out of the Air
By Ed Yong – The Atlantic
If you learned that scientists have blended a darkling beetle, a cactus, and a carnivorous pitcher plant, you might imagine some unholy creation that’s all spines and scuttling legs and digestive enzymes.