Summary 

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 

Lead stories  

‘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. 
http://bit.ly/1GRoAvT 

How Stephen Harper’s former schoolmate helped kill Keystone XL 
CTV News
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.  
http://bit.ly/1L4TFHb 

(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. 
http://bit.ly/1NCSJ3a

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. 
http://politi.co/1NCRGAj 

Muzzled Canadian scientists now free to speak with media 
By Robin Levinson King – The Star.com
he muzzles are coming off for federal scientists. 
http://on.thestar.com/1QcHmRf 

Events 

2015 Rising Seas Summit 
Association of Climate Change Officers 
November 12-13, 2015, Cambridge, MA 
http://jlne.ws/1Uxkext    

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 lauren@emahq.org 

Carbon  

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. 
http://nyti.ms/1OxL7Ai

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. 
http://bloom.bg/1Mt27pi

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. 
http://nyti.ms/1Mt2aBh 

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. 
http://reut.rs/1NYfJIe

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. 
http://bit.ly/1SC4IOv 
***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 
Reuters  
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. 
http://reut.rs/1iM1SJV

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. 
http://bloom.bg/1kj1sfz

Power

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. 
http://wapo.st/1QcHIHu

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. 
http://bloom.bg/1HnVdRU  
***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 
Bloomberg News  
The Asian Development Bank agreed to lend as much as $20 million to help finance the biggest wind farm in the Philippines. 
http://bloom.bg/1ldNnAq

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. 
http://bloom.bg/1ldNrjr

Clean tech

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. 
http://bloom.bg/1MQJP3i

Water

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. 
http://bit.ly/1WK8SEk

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