You must know it by now, President Obama said no to the Keystone pipeline. So, in today’s edition, we come back on the ripple effects of the decision. Also, Lord Stern is egging Europe to do more: it has to step up its effort to combat climate change and wake up to the urgency of the situation, the climate change expert said. Finally, in the Carbon section, New York’s decision to probe climate change disclosures by Exxon Mobil Corp. marks the most aggressive state action yet on the financial effects of burning fossil fuels.
Quote of the day
“In human history it’s a one-off and what we map out in the next two decades will be absolutely critical. I don’t think the criticalness of these 20 years is sufficiently understood.
Climate change expert Lord Stern, in the Guardian’s story ‘A one-off in human history’: Stern’s warning on climate change battle
‘A one-off in human history’: Stern’s warning on climate change battle
By Juliette Jowit – The Guardian
Europe has to step up its effort to combat climate change and wake up to the urgency of the situation, the climate change expert Lord Stern has said before crunch UN talks in Paris later this month.
How Stephen Harper’s former schoolmate helped kill Keystone XL
One of the great ironies of the interminable saga of Keystone XL is that two of its principal antagonists were unaware that they went to grade school together.
(Canada’s) Liberals plan ‘fresh start’ on energy after rejection of Keystone pipeline
By Stephen Case and Paul Koring – The Globe and Mail
Barack Obama has formally rejected the Keystone XL pipeline project after seven years of review, saying that importing “dirtier crude oil” from Canada would tarnish the United States’ reputation for fighting climate change.
Obama’s bid to save the world
By Edward-Isaac Dovere – Politico
Fire up Air Force One. President Barack Obama’s headed to Paris to try to save the world.
Muzzled Canadian scientists now free to speak with media
By Robin Levinson King – The Star.com
he muzzles are coming off for federal scientists.
2015 Rising Seas Summit
Association of Climate Change Officers
November 12-13, 2015, Cambridge, MA
Call For Nominations: Environmental Markets Association
The Environmental Markets Association is calling for nominations for two (2) openings on the Board of Directors for 2015/2016.
If you are interested in running or would like to nominate someone, please call the EMA Headquarters at 202-591-2465
or email firstname.lastname@example.org
E.P.A. Expands On-Road Emissions Testing
By Danny Hakim and Jad Mouawad – The New York Times
Concerned that cheating on vehicle emissions could be prevalent across the automobile industry, regulators in the United States and Canada are significantly expanding their on-the-road emissions tests to cover all makes and models of diesel cars.
Exxon Probed by New York in Toughest U.S. Climate Crackdown Yet
By Joe Carroll and Christie Smythe – Bloomberg News
New York’s decision to probe climate change disclosures by Exxon Mobil Corp. marks the most aggressive state action yet on the financial effects of burning fossil fuels.
Bloomberg Targets Attorneys General With Ads on Carbon Emissions
By Maggie Haberman – Bloomberg News
Former Mayor Michael R. Bloomberg of New York City said this week that he would run millions of dollars in political television ads against four state attorneys general who are suing the Obama administration over regulations on power plant emissions.
Volkswagen says will foot tax bill for carbon emissions blunder
By Jan Schwartz and Barbara Lewis – Reuters
The multi-billion-euro costs facing Volkswagen rose on Friday when the German carmaker said it would foot the bill for extra taxes incurred by drivers because it understated the carbon dioxide emissions of about 800,000 cars in Europe.
Natural gas / coal
Analysts expect bankruptcy for Arch Coal, a reflection of industry woes
By Elizabeth Shogren – High Country News
Listen to congressional Republicans, and you would think that President Obama’s regulations are behind the nosedive the coal industry has taken this year.
***LB: Also in this story “Alpha Natural Resources filed for Chapter 11 this summer, Arch Coal may follow next. Its stock, which traded as high as $3,600 in 2011 dipped to $1.50 this week.”
China should stop adding new coal-fired power plants -state researchers
China should slow down its expansion plans for coal-fired power plants to take account of an expected decline in demand from energy-intensive industries such as steel and cement, said researchers at government-backed think tanks.
The Making of a Buyer’s Market in Natural Gas
By Ben Sharples – Bloomberg News
Next year, on a remote island off Australia’s western coast, the world’s most expensive liquefied natural gas export terminal will start shipping cargoes into a market that has changed vastly since 2009, when the project was approved.
India’s huge need for electricity is a problem for the planet
By Annie Gowen – The Washington Post
Dusk descends on a village in the eastern Indian state of Bihar as residents start their evening chores.
Solar Energy Is Cheapest Source of Power in Chile, Deutsche Says
By Vanessa Dezem – Bloomberg News
Solar power is now the cheapest source of electricity in Chile, according to Deutsche Bank AG.
***LB: Also in this story “In Chile’s power auctions, developers offer to provide a certain amount of capacity at a specific price, without saying what type of power plant they’re planning to build.”
Philippines Largest Wind Farm Gets $20 Million Loan From ADB
The Asian Development Bank agreed to lend as much as $20 million to help finance the biggest wind farm in the Philippines.
Enbridge Buys U.K. Offshore Wind With Eye on North American Seas
By Chris Martin – Bloomberg News
Enbridge Inc.’s investment in a U.K. offshore wind farm may help Canada’s largest pipeline operator bring giant turbines to North American waters.
Chinese-Backed Startup Targets Tesla With $1 Billion U.S. Plant
By David Welch and Dana Hull – Bloomberg News
Faraday Future, the startup backed by Chinese billionaire Jia Yueting, has big dreams of taking on Tesla Motors Inc., starting with a $1 billion investment in a new U.S. factory that will build electric cars starting in 2017.
Anger drives hunt for ‘criminal’ water guzzler during California drought
By Elizabeth Day – The Guardian
Dean Gamburd has been a Bel Air resident all his life. Normally, he has nothing but good things to say about his neighbourhood, one of the most affluent in Los Angeles, where the streets are lined with opulent houses and well-tended flowerbeds.