In today’s edition, civil society is acting: Canadian activists and artists back Leap Manifesto’s call to end fossil fuel use. A good thing, considering that almost half of the world’s 100 largest companies, including Procter & Gamble Co. and Duke Energy Corp., are “obstructing climate change legislation,” according a study. Finally, UK’s attractiveness to renewables investors has plummeted, warns EY in a report.
Quote of the day
“Since many of our leaders are too busy watching the polls to grasp the urgency, or even the potential, of this transformation, leadership is coming from outside of electoral politics.”
Activist and author Naomi Klein, who helped spearhead the The Leap Manifesto – a wide-ranging document signed by more than 100 prominent progressive Canadians –, in the Guardian’s story Canadian activists and artists back Leap Manifesto’s call to end fossil fuel use
Canadian activists and artists back Leap Manifesto’s call to end fossil fuel use
By Jessica Murphy – The Guardian
In the middle of a national election campaign, Canadian artists and activists are calling for shift in the country’s economy to a sustainable system weaned off fossil fuels.
***LB: Also in this story “Signatories include actors Donald Sutherland, Rachel McAdams, and Ellen Page; musicians Neil Young, Leonard Cohen, and Alanis Morissette; and writers William Gibson and Michael Ondaatje, along with major environmental groups and labour unions.”
Biggest Companies `Obstructing’ Climate Policy, Report Finds
By Brian Eckhouse – Bloomberg News
Almost half of the world’s 100 largest companies, including Procter & Gamble Co. and Duke Energy Corp., are “obstructing climate change legislation,” according a study released Wednesday.
***LB: Also in this story “The study, released by the London-based non-profit group InfluenceMap, evaluated companies’ public statements and membership in trade groups, and said that corporations have a significant impact on policy that’s often hard to track.”
Paris pledges on greenhouse gases still fall short
By Pilita Clark – Financial Times
If people were even half as good at cutting carbon dioxide pollution as they are at talking about it, there would be no such thing as a climate change problem.
U.S. and Chinese Climate Change Negotiators to Meet in Los Angeles
By Coral Davenport – The New York Times
President Obama’s top climate change negotiator met with his Chinese counterpart in Los Angeles on Tuesday to announce joint actions by cities, states and provinces in both countries to reduce greenhouse gas emissions.
***LB: Also in this story “The summit meeting followed a historic accord reached in Beijing in November by Mr. Obama and President Xi Jinping, who pledged to enact policies to cut emissions significantly. Mr. Obama said the United States would reduce planet-warming carbon emissions up to 28 percent by 2025, while Mr. Xi vowed that China would halt its emissions growth by 2030.”
Norway to complete $1 billion payment to Brazil for protecting Amazon
Norway will make a final $100-million payment to Brazil this year to complete a $1-billion project that rewards a slowdown in forest loss in the Amazon basin, Norway’s Environment Ministry said on Tuesday.
Global climate change pledges will not be enough-U.N.
By Barbara Lewis – Reuters
National promises to cut emissions as part of preparations for a United Nations summit at the end of the year would cap global warming at the unacceptably high level of 3 degrees Celsius, the U.N.’s climate boss said on Tuesday.
UK drops out of top 10 renewable energy ranking for first time
By Emma Howard – The Guardian
The UK has dropped out of the top ten of a respected international league table on renewable energy for the first time since it began 12 years ago.
***LB: Also in this story “In its quarterly report published on Wednesday, EY said the new Conservative government had sentenced the renewable energy industry to “death by a thousand cuts” and investor confidence in the sector had collapsed because of policy changes over the summer.”
UK’s attractiveness to renewables investors has plummeted, warns influential report
By James Murray – BusinessGreen
The UK has for the first time dropped out of the top 10 in the influential Renewable Energy Country Attractiveness Index (RECAI), following the government’s controversial plans to slash a host of clean energy subsidy schemes.
EMA Annual Meeting
October 28-30, 2015
Omni Parker House Hotel
2015 Rising Seas Summit
Association of Climate Change Officers
November 12-13, 2015, Cambridge, MA
New Australia Prime Minister Backs Ousted Abbott’s Carbon Policy
By Brian Eckhouse – Bloomberg News
Hours after ousting Australian Prime Minister Tony Abbott on Monday, fellow Liberal Party member Malcolm Turnbull pledged to maintain the country’s climate policy.
Natural gas / coal
Shale gas fracking should go ahead in UK, says taskforce
By Fiona Harvey – The Guardian
Fracking for shale gas in the UK should be pursued as an alternative to the use of coal, a taskforce on the controversial technology has concluded, in order to provide a bridge to a low-carbon future.
UK shale gas cash should pay for carbon capture projects – report
Britain should use revenues from the shale gas industry to help fund the development of projects that capture carbon dioxide emissions and store them underground, a shale gas industry-funded task force said on Wednesday.
Water demand from fracking less than 1 percent of U.S. total: study
Fracking by the U.S. oil and gas industry has increased the burden on the nation’s water resources, but still accounts for less than 1 percent of America’s total industrial water use, according to a paper by researchers at Duke University published on Tuesday.
Cheap Coal Keeps Gas Golden Age a Dream as Buyers Become Choosy
By Stephen Stapczynski, Tsuyoshi Inajima and Emi Urabe – Bloomberg News
Add cheap coal to the challenges keeping the golden age of liquefied natural gas far from reality.
Arch Coal Lenders Balk at Swap Deal, Interest Payment Looms
By Jodi Xu Klein and Laura J. Keller – Bloomberg News
Arch Coal Inc. is under mounting pressure to get a grip on its dwindling cash.
Bankrupt coal miner Alpha gets approval for $692 mln loan
By Tom Hals – Reuters
Alpha Natural Resources, a major U.S. coal miner that filed for bankruptcy in August, has reached agreements with creditors that clears the way for it to borrow $692 million to finance its Chapter 11, a company lawyer told a court on Tuesday.
Poland’s Enea Makes $398 Million Bid for Bogdanka Coal Miner
By Maciej Martewicz and Konrad Krasuski – Bloomberg News
Enea SA offered to buy a controlling stake in Lubelski Wegiel Bogdanka SA for 1.48 billion zloty ($398 million) to combine the Polish state-controlled power utility with a privately-held coal producer.
Bernie Sanders Embraces Corn Power
By Alan Bjerga – Bloomberg News
Bernie Sanders’ admiration for corn-based fuel is winning him some praise in unusual places.
New Yorkers Reap Lower Power Bills From Shale Gas Bonanza
By Naureen Malik – Bloomberg News
The shale boom has reached the Big Apple. Wholesale on-peak electricity prices for Manhattan and its four neighboring boroughs averaged $40.99 a megawatt-hour since the start of July through Sept. 11.
EnBW to Fund Green Power Switch With $3.4 Billion Asset Sale
By Tino Andresen – Bloomberg News
Energie Baden-Wuerttemberg AG will sell assets to help transform Germany’s third-largest power supplier into a business centered on renewable energy and operating grids.
Dubai Plans to Award Solar Power Contract in First Quarter
By Mais Al-Amouri – Bloomberg News
Dubai’s government-owned utility will probably announce the winners in the first quarter to build the third phase of a $3.3 billion solar energy park.
David Attenborough backs huge Apollo-style clean energy research plan
By Damian Carrington – The Guardian
An Apollo-style research programme to make renewable energy cheaper than fossil fuels has won the backing of Sir David Attenborough, who says this alone would be enough to halt climate change.
Revealed: how Indigenous Australian storytelling accurately records sea level rises 7,000 years ago
By Joshua Robertson – The Guardian
Indigenous stories of dramatic sea level rises across Australia date back more than 7,000 years in a continuous oral tradition without parallel anywhere in the world, according to new research.
California: Tentative Cleanup Deal Is Reached Over Salt-Tainted Water
The nation’s largest irrigation district agreed to clean up contaminated water in California’s Central Valley in a tentative deal announced Tuesday that would settle a decades-old dispute with the federal government.
Puerto Rico Water Agency Pays Premium to Refinance Bank Loan
By Michelle Kaske – Bloomberg News
Puerto Rico’s main water utility paid a significant premium while selling $75 million of short-term notes that extend a bank loan through November and said it remains optimistic that the agency can issue $750 million in bonds in the next few weeks.
Land Degradation Costs World Trillions, Study Finds
Expanding deserts and other forms of land degradation cost the world trillions of dollars each year and prompt migrations, a new report found.