In today’s edition, taking initiatives against climate change is a question of bottom line: this is true for companies like General Mills and for public authorities – like the U.S. government.
Quote of the day
“One of the key takeaways from this agreement is that California’s AB 32 program, and signature cap-and-trade policy, is successful and yet again attracting important partners from around the world.”
Lauren Faber, EDF’s West Coast Political Director, referring to the state’s landmark climate change act in the BusinessGreen’s story California and Mexico ink climate action alliance, as Obama prepares latest green push
California and Mexico ink climate action alliance, as Obama prepares latest green push
James Murray, BusinessGreen
The governments of California and Mexico yesterday signed a major new agreement to co-operate in their efforts to tackle climate change, in a move that could pave the way for a significant expansion of the state’s carbon pricing and clean energy initiatives.
This Huge Corporation Is Tackling Climate Change—Because It’s a Threat to the Bottom Line
James West, Mother Jones
A few months ago, the international food manufacturing giant General Mills was branded a “clear laggard” by climate activists for not doing enough to cut its carbon footprint.
***LB: Also in this story “By August 2015, the company has promised to account for emissions across its entire operation and to set clear reduction targets.”
White House launches PR push on climate rule
Laura Barron-Lopez and Timothy Cama, The Hill
Full Steam Ahead: The White House is firing on all cylinders right now when it comes to climate change.
Senate panel brings climate debate into budget talks
Laura Barron-Lopez, The Hill
The climate change debate found a new arena on Tuesday: The Senate Budget Committee.
***LB: Also in this story “The hearing coincides with a new report from the White House which concludes that delaying action on climate change could cost the U.S. about $150 billion per year.”
Delay Action on Climate Change by 10 Years and Costs Rocket 40%: Report
Maya Rhodan, Time
A new report estimates the cost of mitigating the effects of climate change could rise by as much as 40% if action to reduce greenhouse gas emissions is delayed 10 years — immediately outweighing any potential savings of a delay.
EPA Should Address Emerging Risks From Fracking: GAO
Pat Ware, Bloomberg
The Environmental Protection Agency should review emerging risks related to safeguards for hydraulic fracturing wells used for oil and gas production, according to a report released July 28 by the Government Accountability Office.
EC serves notice to Poland over shale gas defiance
Arthur Neslen, EurActiv
The European commission has begun legal proceedings against Poland for amending its national laws to allow shale drills at depths of up to 5,000 metres without first having assessed the potential environmental impacts, EurActiv has learned.
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
Shanghai carbon market cuts emissions 3.5%
The nearly 200 firms in Shanghai’s emissions trading scheme cut their CO2 output by 5.3 million tonnes in 2013 compared with 2011, government officials said Monday, according to state-owned media.
(Washington state’s gov) Inslee to lay out ideas for cap-and-trade, carbon tax
John Stang, Crosscut Seattle
Gov. Jay Inslee is putting a cap-and-trade system and a carbon tax into play as ways to tackle the fallout from global warming in Washington.
Iowa GOP hopeful wants higher ethanol mandate
Timothy Cama, The Hill
Iowa Republican Senate candidate Joni Ernst asked the Environmental Protection Agency (EPA) Tuesday to increase the amount of ethanol and biodiesel refiners must use, a day after she was accused of not supporting the mandate that is popular among Iowa farmers.
How The Tolo River People Of Colombia Harnessed Carbon
Tanya Dimitrova, Ecosystem Marketplace
Five young men are cutting their way through dense rainforest vegetation in the northernmost part of Colombia – forest that was already old-growth when the conquistadors first set foot on the continent five centuries ago.
Increase diesel taxes to fight pollution, say Boris Johnson and green groups
Fiona Harvey, theguardian.com
Green campaigners, pollution experts and the mayor of London have called on government to increase taxes on diesel fuel to tackle dirty air in UK cities.
Natural gas / coal
US Utilities Look Towards Colombia & Russia For Coal In 2014
U.S. utilities are importing more coal from countries like Colombia, Russia and Indonesia in 2014 to hedge against poor railroad service, fulfill unique blends and, in an alarming trend for Central Appalachia coal producers, because it is less expensive than burning domestic coal.
Administration unveils actions to curb methane emissions
Laura Barron-Lopez, The Hill
Energy Secretary Ernest Moniz announced new actions Tuesday aimed at curbing methane emissions form the nation’s natural gas systems.
Up for shale: the auction that will open half the country to fracking
Tom Bawden, The Independent
With the (UK) Government kicking off a massive auction of fracking licences covering nearly half the country, it is clear that the shale oil and gas industry has come a long way – but it remains far from certain that a single molecule of hydrocarbon will ever be produced commercially.
7 charts tell the story of a changing energy landscape
Johannes Friedrich, Thomas Damassa and Michael Obeiter, GreenBiz.com
The U.S. Environmental Protection Agency recently announced a carbon dioxide pollution standard that sets state-based targets for power sector greenhouse gas emissions out to 2030.
(UK’s) Ofgem proposes new price controls for network operators
Nina Chestney, Reuters
Britain’s energy watchdog has proposed new price controls for five electricity network operators for the next eight years, aiming to spur investment in network upgrades and help lower energy bills.
Philips announces £21m deal to throw energy efficient light on student digs
Student accommodation may be better known for decorative traffic cones and arguments over who left the sour milk in the fridge than it is for cutting-edge clean technology.
Centrica snaps up America’s Astrum Solar in £32m deal
Jessica Shankleman, BusinessGreen
Centrica has pushed into the American domestic rooftop solar market, announcing today that it has bought Astrum Solar in a deal worth $54m (£32m).
How many solar panels would it take to power Earth?
Amy Gleich, OilPrice.com
The Sun powers our solar system, so could it power all our Earthly needs, too? And if it someday could, where would all those solar panels go?
***LB: Also in this story “According to a graduate thesis by Technical University of Braunschweig student Nadine May, the number of solar panels needed to supply the entire world’s energy needs would fill just 25,000 square miles – or an area only slightly larger than the state of West Virginia.”
ThaiBev distillery to toast greener gin with new biomass boiler
Jessica Shankleman, BusinessGreen
One of Scotland’s oldest distilleries is set for a green makeover, courtesy of a £1m investment from a fund backed by the Green Investment Bank (GIB).
Australia’s ‘vast’ solar resources closer to being tapped in a big way
Peter Hannam, The Sydney Morning Herald
Australia’s largest solar plant moves one step closer to completion with the first of 1.35 million solar photovoltaic (PV) modules being installed on Wednesday at AGL’s Nyngan Solar plant in central NSW.
The rise of electric cars in the US, in 6 charts
Brad Plumer, Vox
It’s still only a tiny fraction of Americans who actually own electric cars. But that number is growing fast.
***LB: Also in this story “In this first half of 2014, electric vehicle sales were 35% higher than last year.”
Volvo and Renault lead way as electric car sales double in EU
Damian Carrington, theguardian.com
New models helped sales of electric cars in the European Union double in 2013, but the zero-emission vehicles still only account for one in every 250 new cars sold.
EPA Groundwater Protection Program Needs Better Oversight, Watchdog Says
Circle of Blue
In light of the steady rise in domestic oil and gas production, the U.S. Environmental Protection Agency should review new risks to underground sources of drinking water, according to the government’s internal watchdog.
Suez eyes consolidation in Italian water industry
Geert De Clercq, Reuters
French waste and water group Suez Environnement wants to become a leading player in the Italian water industry as the fragmented market consolidates, and remains on the lookout for further acquisitions worldwide, its CEO said.
The interdependence of water and energy
Marty Niland, C2ES (Center for Climate and Energy solutions)
Have you ever thought that by leaving a light on, you’re wasting water, or that a leaky faucet wastes energy? It’s odd, but accurate.