In today’s edition, scientists warn that this year will certainly be the warmest on record – and may be the first of a long series if nothing is done against climate change. No wonder top British institutions are telling governments to “act now” on climate change. One way to do it: Carbon markets. The EU carbon price tops 8 euros for first time since 2012, as the market continued its recent bullish sentiment.  

Quote of the day

“There is almost no way that 2015 isn’t going to be the warmest on record.”

Jessica Blunden, a climate scientist for the National Oceanic and Atmospheric Administration, in the Associated Press’ story Climate scientists say 2015 on track to be warmest year on record 

Lead stories 

Climate scientists say 2015 on track to be warmest year on record 
Associated Press 
The Earth experienced its hottest June and the hottest first half of the year since records began, according to scientists.  

Act on climate change now, top British institutions tell governments 
By Damian Carrington – The Guardian 
An unprecedented coalition of the UK’s most eminent scientific, medical and engineering bodies says immediate action must be taken by governments to avert the worst impacts of climate change. 
***LB: Also in this story “To have a reasonable chance of keeping warming below 2C, the internationally agreed danger limit, the world must end all emissions within the next few decades, the communiqué warns.” 

EU carbon price tops 8 euros for first time since 2012  
By James Murray – BusinessGreen  
EU carbon allowances (EUAs) hit their highest levels since 2012 yesterday, breaking the 8 euro-mark for the first time in years as the market continued its recent bullish sentiment. 

Ministers to discuss 2C carbon budget at Paris talks 
By Ed King – RTCC (Responding to Climate Change) 
Should a UN climate deal spell out the level of greenhouse gas emissions that can be released if the world wants to stay within levels of warming deemed safe?

Canada’s PM blocking climate reform, says Ontario premier Kathleen Wynne 
By Suzanne Goldenberg – The Guardian
The leader of Canada’s biggest province has escalated her feud with the country’s prime minister, accusing Stephen Harper of obstructing efforts to fight climate change and calling on Canadians to make global warming a decisive issue in the coming elections. 

Pope to host world mayors at Vatican conference on climate change 
By James Phillips – BusinessGreen 
Pope Francis will today convene two days of meetings aimed at encouraging world mayors to adopt solutions to climate change following his ground-breaking encyclical on the topic last month.


EMA Annual Meeting
October 28-30, 2015
Omni Parker House Hotel
Boston, MA 

2015 Rising Seas Summit 
Association of Climate Change Officers 
November 12-13, 2015, Cambridge, MA  


World Bank’s first carbon credit auction shifts 8.7 million tons of methane reductions 
By Madeleine Cuff – BusinessGreen 
Private investors bought price guarantees for 8.7 million tons of methane emissions reductions in the first auction round held last week by the World Bank’s new Pilot Auction Facility (PAF). 

Carbon-saving smart ship project sets sail 
By Madeleine Cuff – BusinessGreen 
Hyundai Heavy Industries, one of the world’s largest shipbuilders, is planning to build a “smart connected ship” that will deploy a network of sensors in a bid to reduce running costs and boost fuel efficiency. 

Organic farms don’t have the tiny carbon footprint they like to tout. But they could 
By Julius McGee – The Guardian 
Can organic agriculture mitigate climate change? If you were to simply Google the question – which, being a millennial I have done – you would be led to believe that it does. 

Natural gas / coal 

New Mexico Dems call for tough new methane rule 
By Devin Henry –  The Hill  
Four New Mexico Democrats are encouraging the Obama administration to release a strong rule regulating methane emissions at oil and gas drilling sites.


SunEdison Emerging as Solar ‘Supermajor’ With $2.2 Billion Deal
By Chris Martin – Bloomberg News
SunEdison Inc. said it will reinforce its position as one of the “supermajors” of the solar industry with the $2.2 billion purchase of rooftop panel installer Vivint Solar Inc.   

Dubai Electricity & Water Closes Solar-Park Phase Two Financing
By Alexander Longley – Bloomberg News
Dubai Electricity and Water Authority arranged financing for a 200 megawatt solar plant that will form part of a planned $3.3 billion solar park, the government-owned utility said.

Offshore wind on track to become cheaper than gas power within five years, says report  
By James Murray – BusinessGreen  
Offshore wind projects going into construction in 2020 could deliver clean power at a cost that is lower than that delivered by new gas-fired power plants.  

Can UK’s solar industry survive without subsidies? 
By Karl Mathiesen – The Guardian  
Energy experts believe a rumoured government plan to cut subsidies to solar could cripple the burgeoning industry just before it is able to stand on its own.  

Small wind turbine makers urge government to reconsider planning crackdown 
By Madeleine Cuff – BusinessGreen 
A coalition of wind turbine manufacturers has written an open letter to Greg Clarke, the Secretary of State for Communities and Local Government (DCLG), urging the minister to reconsider recent reforms to local planning guidelines for wind farms. 

Clean tech

Tesla Just Did Something Really Big 
By Barry Ritholtz  – Bloomberg Views
Tesla has rocked the world of high-performance automobiles with the introduction of its new “Ludicrous mode” rapid acceleration feature. The internal-combustion engine business may never be the same.


Why Asking ‘How Much Rain Will End the Drought?’ Is the Wrong Question 
Circle of Blue
For a society in thrall with performance reviews, business analytics, and the Fitbit, it is an appealing calculation: how much rain will end the California drought?

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