In today’s edition, both rich nations and vulnerable countries are putting forward ideas on how to pay for the costs countries incur as a result of warming temperatures. With no real common ground so far. Some good news though, even big fossil fuel companies support an international climate agreement. These companies are far from perfect, however, CEOs bonus pay helps sink the climate, a report found.
Quote of the day
“California is a world leader in the fight against climate change. Certainly we can find more sustainable and profitable investments for our public pension funds that better suit our values.”
Assemblyman Rob Bonta (D-Alameda), in the Los Angeles Times’ story Bill to divest state’s public pensions from coal heads to Gov. Jerry Brown
Could Bonn talks deliver a breakthrough on loss and damage?
By Jessica Shankleman – BusinessGreen
One of the most contentious issues at the UN climate change talks appears to be making some headway, NGOs have claimed, with both rich nations and vulnerable countries putting forward ideas on how to pay for the costs countries incur as a result of warming temperatures.
Alaska puts politics aside for Obama visit: ‘This is the president and this is exciting’
By Julia O’Malley – The Guardian
In this state of only 700,000 people that American presidents tend to visit most often only to refuel, the three-day tour by Barack Obama this week gave everybody something to talk about.
George Osborne accused of ‘disastrous’ assault on green agenda
By Terry Macalister – The Guardian
Ed Davey, the former energy and climate change secretary, has accused George Osborne of putting tens of billions of pounds’ worth of private sector investment at risk with an assault on the green agenda he pioneered.
Even These Big Fossil Fuel Companies Support An International Climate Agreement
By Kate Sheppard – The HuffPost
A large number of the world’s biggest energy companies endorse a global climate agreement that would commit to limiting temperature rise to 2 degrees Celsius, according to a survey released Wednesday.
Fossil Fuel CEOs Bonus Pay Helps Sink the Climate, Report Says
By Phil McKenna – Inside Climate News
A report released Wednesday examining the pay practices of the 30 largest publicly held U.S. oil, gas, and coal companies concluded that pay incentives for the companies’ chief executives encourages reckless behavior and is hastening a climate crisis.
Bill to divest state’s public pensions from coal heads to Gov. Jerry Brown
By Melanie Mason – Los Angeles Times
Lawmakers in the Assembly gave final approval Wednesday to a measure that would require the state’s public pension funds to divest from their holdings in thermal coal.
EPA Expects to Publish Clean Power Plan in October
By Andrew Childers – Bloomberg News
The Environmental Protection Agency anticipates publishing its final Clean Power Plan in the Federal Register by “late October,” it told a federal appellate court.
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
Ohio’s green energy companies look to greener pastures
By Connie Lewis – Midwest Energy News
On the whole, the economic outlook for Ohio is good. Unemployment rates are falling while the production of goods and services is growing, according to a report by the Ohio Tax Conference early this year.
Food and drink companies found to be ignoring biggest impact on climate
By Frances Way – The Guardian
The vast majority of the world’s biggest food, beverage and tobacco companies are ignoring their largest climate impacts by failing to disclose emissions from agricultural production, according to a new CDP analysis.
EDF admits delay to new UK nuclear reactor
By Christopher Adams – Financial
EDF, the French state-owned nuclear company, has admitted that the first of a new generation of UK reactors will be delayed, with a planned £24.5bn plant at Hinkley Point in Somerset not coming online until after 2023.
Natural gas / coal
Cheniere Energy chief pushes for a global spot market in LNG
By David Sheppard – Financial Times
The former Wall Street banker behind plans to launch the first large-scale US natural gas exports to Europe and Asia believes he is not just bringing America’s shale bounty to world markets, but makes the bold claim that he will revolutionise the way the commodity is traded.
(UK’s) Homeowner solar power subsidy cuts ‘threaten 20,000 jobs’
Government plans to slash subsidies for solar panels on homes could cost more than 20,000 jobs, green campaigners have claimed.
Battery Frenemies Tesla and Panasonic Poised for a Fight in Europe
By Amy Thomson – Bloomberg News
Panasonic Corp., which makes the lithium-ion batteries for Tesla Motors Inc.’s cars, will begin selling batteries that power homes in Europe, starting in Germany, where people are given greater incentives to switch to solar-generated electricity.
Why Doesn’t New Orleans Look More Like Amsterdam?
By Lorena O’Neil – The Atlantic
When Hurricane Katrina’s storm surge flooded southeast Louisiana, living with water was a nightmare for New Orleanians.
Live Q&A: What does an action agenda on water policy look like?
By Katherine Purvis – The Guardian
What is the best way to get action on the problem of the global freshwater shortage – one of the most pressing challenges facing the world today?