After the UN Climate Summit’s heady days, today’s edition ends the week on a more reflective note, with questions such as: Has the 2C target outlived its usefulness? Some scientists would now prefer a series of measures – “vital signs” – of the planet’s health; or: Is global clean energy investment at a tipping point? After a drop in recent years, it is clearly picking up now. And finally: Will Poland and its dependence on coal derail the EU’s ambition to curb emissions? Lots of questions, and some answers, like: Why the world needs to put a better price on the rainforest.
Quote of the day
“We will definitely be firmly stating our position.”
Poland’s Prime Minister Ewa Kopacz, in the Malaysian Insider’s story Poland may veto CO2 emission cuts in EU talks
Clean-Energy Spending at $175 Billion on Chinese Rise
Justin Doom, Bloomberg News
About $175 billion was spent globally on renewable energy projects during the first three quarters, up 16 percent from the same period last year, with Chinese solar investment at a record, according to a Bloomberg New Energy Finance report.
Is Global Clean Energy Investment At A Tipping Point?
Qiao Feng and Peter Sopher, Forbes
Last week, amidst the U.N. Climate Summit and historic climate march, governments, investors, and financial institutions took the opportunity to make big announcements about their investment in clean energy.
Poland may veto CO2 emission cuts in EU talks
The Malaysian Insider
Poland’s new prime minister said Thursday her coal-reliant country would not rule out vetoing the high carbon cuts likely to be demanded by other European Union members.
O2 and Vodafone move to create mobile phone eco label
Jessica Shankleman, BusinessGreen
Mobile phone customers will soon be able to compare the green credentials of different devices, after O2 and Vodafone teamed up to create a system of cross-industry sustainability rankings.
Staying Upbeat and Engaged in a Turbulent, Complicated Climate
Andrew C. Revkin, The New York Times
The folks at Audubon Magazine, who recently sought my thoughts for a special issue on global warming, also asked me and six other people engaged on making progress on different facets of the issue what our “personal strategies are for keeping pessimism at bay.”
Can U.N. climate negotiators connect with the real world?
Megan Rowling, Thomson Reuters Foundation
Something very special happened on Sept. 23 at the U.N. Climate Summit in New York. Kathy Jetnil-Kijiner, a young poet from the Pacific island nation of the Marshall Islands, stood in front of more than 100 world leaders and passionately performed a piece she had composed for the occasion, dedicated to her seven-month-old daughter.
Could the 2C climate target be completely wrong?
Adam Vaughan, theguardian.com
In a nondescript conference centre five years ago, as temperatures fell to freezing outside in the streets of Copenhagen and protesters gathered, world leaders did something remarkable: they put a limit on how high temperatures should be allowed to rise as man-made global warming takes hold.
***LB: Also in this story “Two academics in the prestigious journal Nature now argue that the 2C target has outlived its usefulness. They say it should be abandoned and replaced with a series of measures – “vital signs” of the planet’s health.”
Why the world needs to put a better price on the rainforest
Tim Fernholz, Quartz
Convincing people not to chop down trees is hard, especially in poor countries, where the quick fix of clearing land for development and selling timber seems like a winning strategy.
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
Aviation Industry Pledges To Reduce 2050 Emissions To 2005 Levels
Mridul Chadha, Clean Technica
During the United Nations Climate Summit held last month, leading industry association in the aviation sector pledged to take action to implement several measures with an ultimate goal to bring down the sectoral emissions in 2050 to 2005 levels.
Carnival cruises towards $2.5bn fuel savings
Will Nichols, BusinessGreen
Carnival expects to save $2.5bn (£1.6bn) on fuel costs by the end of the year as a result of a wide ranging efficiency programme across its 100-strong fleet.
Malaysian palm oil company destroys Borneo forests, despite buyer’s zero deforestation commitment
Malaysian palm oil company Genting Plantations is continuing to destroy forests despite a high-profile pledge by one of its customers to eliminate deforestation from its supply chain, alleges a report published by Greenomics, an Indonesian environmental group.
***LB: Also in this story “The report, published last week, looks at Genting and two other companies that supply palm oil giant Wilmar, which last December committed to a zero deforestation policy.”
Successful Green Pledges Hinge On Procurement Agents And Consumers
Jennifer Baldwin, Ecosystem Marketplace
Dunkin’ Donuts and Krispy Kreme recently vowed to stop buying palm oil from companies that clear-cut forests – a clear bid to reach consumers who reward green behavior with open wallets.
***LB: Also in this story “Such “zero deforestation” pledges, will only have an impact if two things happen: first, the companies have to be able to prove they’re keeping their word; and second, consumers have to put their money where their mouths are.”
Natural gas / coal
Canada ‘confident’ Petronas LNG project to move ahead
The Malaysian Insider
British Columbia’s leader is “very confident” that Malaysia’s Petronas will move ahead with a liquefied natural gas (LNG) export terminal in the Canadian province, despite threats from the company that it could pull out of the roughly US$11 billion (RM36 billion) project.
Europe Skirting Freeze Preserves Gas Amid Ukraine Crisis
Rachel Morison and Isis Almeida, Bloomberg News
Europe will have another mild month in October, preserving the region’s fuel reserves as it braces for a winter with the threat of natural gas supply disruptions.
Iwatani Expects Hydrogen Sales to Jump on Fuel Cells
Masatsugu Horie and Ma Jie, Bloomberg News
Iwatani Corp., Japan’s biggest supplier of hydrogen, expects sales of the fuel to rise fivefold by 2025 as carmakers including Toyota Motor Corp. and Honda Motor Co. race to introduce fuel-cell vehicles.
Tesla factory near Reno is bet old Nevada will meet the new
Sharon Bernstein, Reuters
Lance Gilman bounced his white GMC truck up a hill in the high desert country east of Reno, Nevada, and paused at the top to survey his property. Spread out below lay the 165-square-mile Tahoe-Reno Industrial Center, about five times the area of Manhattan.
Energy trade group, green bosses rake in green
Robin Bravender and Kevin Bogardus, E&E
It pays to be a top dog in the energy and environment business — even in the nonprofit arena.
Green offices make employees happier and more productive – study
Shereen Lehman, Reuters
People who work in a “green” office, literally surrounded by plants, are happier than people in “lean” offices without live foliage, suggests a new study.