In today’s edition, companies like Nestlé worry about water scarcity and issue a call for action. Action on climate change is still necessary, however, as some countries, like the U.K., will miss their carbon targets and the GOP still wants to do away with the new EPA rules on power plants. China gives hopes, as it may announce emissions cap next year.
Quote of the day
“I am not saying climate change is not important. What I am saying is even without climate change we are running out of water and I think this has to become the first priority.”
Nestlé chairman Peter Brabeck, in the Financial Times’ story Nestlé warns water scarcity ‘more urgent’ than climate change
Nestlé warns water scarcity ‘more urgent’ than climate change
Pilita Clark, Financial Times
World leaders must make water scarcity a bigger priority than climate change because the problem is far more urgent than global warming, the chairman of one of the world’s biggest food companies has warned.
***LB: Also in this story “BHP Billiton and Rio Tinto, two of the world’s biggest miners, agreed to spend $3bn on a desalination plant for a copper mine in Chile, curbing their use of fragile local water supplies.”
UK on track to miss carbon targets, climate change advisers warn
Fiona Harvey, theguardian.com
The coalition’s flagship insulation programmes have failed to put the UK on the right track to meet its commitments on cutting greenhouse gases, a review by the statutory advisers on climate change has found.
GOP continues assault on EPA rules
Timothy Cama, The Hill
House Republicans will open a new chapter this week in their assault on the Environmental Protection Agency (EPA).
***LB: Also in this story “The House Appropriations Committee will meet Tuesday to consider the spending bill for EPA. The bill would block far-reaching EPA rules covering air and water pollution.”
China May Announce Emissions Cap Next Year: Treaty Envoy
Brian Parkin and Alex Morales, Bloomberg
China hopes to announce “very ambitious” goals to cut carbon-dioxide output after 2020 and may announce during the first half of next year an overall cap on emissions, the country’s lead climate-treaty negotiator said.
Forest carbon investors impatient for state-backed global market
Fidelis E. Satriastanti, Thomson Reuters
As U.N. climate talks inch towards creating a government-backed market for forest carbon credits, some private investors say it can’t happen soon enough, as they seek companies and other buyers to suck up their offsets.
World Cup Champs for Arctic Climate?
Ice-blog (Climate change in the Arctic and around the globe)
Chancellor Merkel is on her way from the World Cup Final in Brazil to Berlin, where she will address the Petersberg Climate Dialogue.
***LB: Also in this story “This is an informal but influential meeting of 35 international ministers, co-chaired by Peru, the host of the next world climate conference this December. “
Analysis: 35 years later, Jimmy Carter’s energy warning
Peter Dykstra, The Daily Climate
Thirty-five years ago this evening, Jimmy Carter stared America in the eye, and invoking his promise that “I will never lie to you,” gave us all a royal scolding. http://jlne.ws/1qD0g3O
EMA’s 18th Annual Meeting
Join the Environmental Markets Association and environmental industry professional for two days of dynamic sessions, two nights of networking receptions, and countless opportunities to increase your business contacts.
October 22 – 24, 2014
Santa Monica, CA
FT European Gas Summit
The FT European Gas Summit brings together leading and aspiring gas suppliers from around the globe, as well as energy industry experts, commentators and government decision makers to review the potential barriers to new gas supplies for Europe, and the impact on the region’s economic competitiveness. The summit will be chaired by Guy Chazan, Energy Editor, Financial Times.
23 October 2014
Britain to fund South African carbon trading experiment
Britain will expand funding for a programme to help coal-rich South Africa develop a carbon trading market in an attempt to rein in its rising greenhouse gas emissions.
***LB: Also in this story “The British High Commission in Pretoria last week said it will fund a pilot emissions trading programme from next year to help companies prepare for a 120-rand-per-tonne ($11.21) carbon tax that is expected to come into force in 2016.”
Texas carbon capture venture aims to boost oil production
Rory Carroll, Reuters
NRG Energy and Japan’s JX Nippon on Tuesday announced plans to capture carbon emissions from a Texas coal plant and use the pollution to boost oil production at an aging field, the latest attempt to bring to life a troubled technology seen as a key to combating climate change.
Corporate offset buyers increasingly want to create – and measure – sustainable development benefits in addition to carbon reductions.
***LB: Also in this story “Zubair Zakir of the The CarbonNeutral Company explains the opportunities for applying voluntary market techniques to wider corporate responsibility objectives, and some of the challenges involved.”
Natural gas / coal
Fracking Sends Northeast Natural Gas Output to Record
Naureen S. Malik, Bloomberg
Record natural gas production from the Marcellus shale deposit in the Northeast is helping send U.S. output to an all-time high, as hydraulic fracturing and horizontal drilling unlocked underground supplies.
Is fracking turning Oklahoma into California?
Laura Barron-Lopez, The Hill
This past weekend seven small earthquakes hit central Oklahoma over a 14-hour period, according to the U.S. Geological Survey.
Reliance fined again over gasfield
James Crabtree, Financial Times
India’s government has imposed an additional fine of $579m on Reliance Industries over falls in production at a major gasfield the company co-owns with Britain’s BP.
India govt considers selling $3 billion stake in ONGC
Nidhi Verma, Reuters
Indian Prime Minister Narendra Modi’s government will decide next month on the sale of a $3 billion stake in state oil firm ONGC, in a major test of whether he will follow tentative reforms outlined in his first budget with actions.
Australia’s Hastings to sell Texas LNG stake for 5.5 times investment
Australia’s Hastings Funds Management said it will sell its quarter stake in a Texas liquefied natural gas (LNG) terminal to U.S. specialist fund Global Infrastructure Partners for $1.1 billion, five and a half times what it paid four years ago.
Kepco to pay customers to switch off in effort to reduce demand
Jonathan Soble, Financial Times
On hot days this summer, some Japanese electricity customers will begin receiving an unusual offer from their energy supplier: a de facto bribe to get them out of the house and away from their air conditioners.
Study: States can handle EPA power plant rules
Timothy Cama, The Hill
An independent analysis of the Environmental Protection Agency’s (EPA) proposal to limit carbon dioxide pollution from power plants concluded that states are “well positioned” to handle the federal government’s requirements under the rules.
White House won’t help Tesla sell cars online
Julian Hattem, The Hill
The White House says there is nothing it can do to help electric car company Tesla Motors sell cars directly to consumers.
Linde starts production line for fuel-cell car filling stations
Malay Mail One Line
German industrial gases maker Linde opened what it said was the world’s first production line for hydrogen fueling stations yesterday, in a bid to boost support networks for eco-friendly cars.
Chemistry’s Electric Opportunity
Alex Scott, C&EN (Chemical and Engineering News)
Elon R. Musk, the billionaire founder of PayPal and chief executive officer of the California-based car company Tesla Motors, took to an open-air stage in London recently for the U.K. launch of his new all-electric car, the Model S.
White House Threatens Veto of House Water and Energy Bill
Circle of Blue
The House Appropriations Committee passed a $US 34 billion bill on Thursday to fund the Department of Energy, the Department of the Interior, which handles western U.S. water matters, and the Army Corps of Engineers, which is in charge of many levees, dams, and wetlands.
Water Planners Focus on Bigger Texas, Not a Hotter One
Neena Satija, The Texas Tribune
After Texans overwhelmingly approved spending $2 billion in public funds on new water infrastructure projects last November, Republicans and Democrats alike hailed the state’s ability to solve its water woes in the wake of explosive growth and debilitating drought.
Australia’s dry south to become even drier, scientists say
Inga Ting, The Sydney Morning Herald
Southern Australia has been warned to brace for more dry winters as a new study links the drying trend of the past few decades to human-induced changes in the atmosphere.
Ethiopia: The Unity of Water, by Mikhail Gorbachev
The Reporter (Addis Ababa)
In May, Vietnam became the 35th and decisive signatory of the 1997 United Nations Convention on the Law of the Non-Navigational Uses of International Watercourses.
***LB: Also in this story “Roughly 60 percent of all freshwater runs within cross-border basins; only an estimated 40 percent of those basins, however, are governed by some sort of basin agreement.”
Could Russia beat Brazil with greenest World Cup?
Mario Götze’s winning goal for Germany may have signaled the end of the World Cup in Brazil, but work is already beginning to ensure that the next tournament in Russia will be the greenest ever staged.
Australian Winemakers Respond to Climate Shift
The young Australian vintner Nick Glaetzer’s winemaking-steeped family thought he was crazy when he abandoned the Barossa Valley — the hot, dry region that is home to the country’s world-famous big, brassy shiraz.
Kenya bets on green economy model to boost food security
Ally Jamah, Standard
As the country strives to transform its economy, generate jobs and boost Kenyans’ income, the green economy model is increasingly becoming an irresistible venture for both Government and experts.
India urgently needs ‘green buildings’: R.K.Pachauri
Anando Bhakto, IANS
Internationally acclaimed environmentalist R.K. Pachauri says India urgently needs ‘green buildings’ to ensure unsustainable use of energy and water and is happy the government is sharing his TERI’s knowhow in building infrastructure.