In today’s edition, we lament with Lord Stern: current pledges to cut emissions are not sufficient to stave off the worst effects of climate change, he says. Meanwhile, in its will to lessen its dependence on Russia, Europe contemplates importing natural gas from Turkmenistan (in the Natural gas / coal section). Finally, in the Clean tech section, analyses of Tesla’s innovation in power storage and why it is such a ground-breaking step.
Quote of the day
“Our goal is to fundamentally change the way the world uses energy”
Tesla’s CEO Elon Musk, in the Bloomberg News’ story The Philosophy Behind Elon Musk’s Bid to Turn Tesla Into a Home Battery Maker (in the Clean tech section)
Current carbon pledges won’t stop dangerous global warming, says Lord Stern
By Fiona Harvey – The Guardian
The commitments made by world governments to reduce greenhouse gas emissions in the next 15 years are not sufficient to stave off the worst effects of climate change, a new analysis by Lord Stern has found.
Green Climate Fund: Minister urges countries to fulfill commitments
The Express Tribune
The deadline set for the governments to send their contributions to GCF was April 30 which aims to collects US$4.7 billion for its cause.
China says climate change threatens major projects
Climate change threatens some of China’s most important infrastructure projects, China’s top meteorologist warned in a state newspaper, adding the country’s rate of warming was higher than the global average.
Limiting global warming to 2 degrees ‘inadequate’, scientists say
By Laurie Goering – Thomson Reuters Foundation
Holding global warming to a 2-degree Celsius temperature rise – the cornerstone of an expected new global climate agreement in December – will fail to prevent many of climate change’s worst impacts, a group of scientists and other experts warned Friday.
Nigeria set to reduce emissions in new climate action plan
By Chinedum Uwaegbulam – The Guardian (Nigeria)
Fueled by the need to prevent average global temperatures rising above two degrees Celsius and to reap the many opportunities that arise from a necessary global transformation to clean and sustainable development, the Federal Government last week began a process to formulate new climate action plan for the country.
Climate Change Will Greatly Impact Australians’ Health
By Oliver Milman and Melissa Davey – The Guardian
Climate change will have significant repercussions for Australians’ health as warming temperatures fuel extreme weather events, help spread disease and disrupt food and water supplies, according to a report backed by the country’s peak scientific and medical bodies.
World Green Economy Summit 2015
22 April 2015 – 23 April 2015
Dubai, United Arab Emirates
Navigating the American Carbon World (NACW) 2015
North America’s premier conference on climate policy and carbon markets
Presented by the Climate Action Reserve
April 28-30, 2015
Los Angeles, California
The National Fuel Cell Symposium 2015
Industry, government, and academia will convene to discuss the current state of the Stationary Fuel Cell development and deployment in the U.S.
May 7, 2015
Nearing the Finish Line: Perspectives and Updates on EPA’s Clean Power Plan (webinar)
April 23, 2015; 11 a.m. – 12:30 p.m. EDT
Northeast RECs Regional Thought Leader Round Table
May 19, 2015; 12 p.m. – 5 p.m. EST
Dentons: 1221 Avenue of the Americas, NY
EMA Annual Meeting
October 28-30, 2015
Omni Parker House Hotel
Swarthmore Declines to Drop Investments in Fossil Fuels
By John Schwartz – The New York Times
Swarthmore College will not drop fossil fuel stocks from its $1.9 billion endowment, the school’s board of managers announced on Saturday.
Cap-and-trade comes to Oregon
By Chana Cox – Watchdog.org
With one new provision added to what is described as an amendment to a 2009 law to reduce carbon emissions, Oregon’s Senate Bill 324 has introduced cap-and-trade for transportation fuels into Oregon.
CTX and MGEX Announce Key Partnership
Carbon Trade Exchange (CTX), a global leader in environmental commodity markets, and the Minneapolis Grain Exchange, Inc. (MGEX), a Designated Contract Market and Derivatives Clearing Organization recognized by the U.S. Commodity Futures Trading Commission, have today announced the establishment of a new business relationship.
Carbon trading with Chinese characteristics
By Maarten Neelis – Environmental Finance
China is making rapid progress towards launching what is likely to be the world’s largest emissions trading system. But, given the regulatory constraints on many Chinese industries, it is hard to predict how the market will evolve.
Natural gas and coal
European Union sees supplies of natural gas from Turkmenistan by 2019
By Marat Gurt – Reuters
The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview.
UN climate chief says the science is clear: there is no space for new coal
By Oliver Milman – The Guardian
The UN climate chief, Christiana Figueres, has said there was “no space” for new coal developments and stressed the benefits of ambitious renewable energy targets after a meeting with representatives from seven Australian governments.
Energy-Poor Nepal Looks to Solar for Post-Quake Power
By Wendy Koch – National Geographic
Even before the earthquake, Nepal had such long power blackouts that midwives were known to clench flashlights between their teeth to deliver babies.
Bangladesh’s Summit Group and GE start joint power plant
By Serajul Quadir – Reuters
A joint venture of Summit Group, Bangladesh’s leading power producer, and a unit of General Electric Co has started a plant initially supplying up to 240 megawatts (MW) of electricity to the country’s national grid as it seeks to plug a shortfall in electricity supply.
State should rush toward solar future
Concord Monitor (Editorial)
SolarCity, a company owned in part by billionaire PayPal founding member Elon Musk, has, in a few short years, become the nation’s biggest residential solar company.
Lithuania accuses Russia of disrupting work on Baltic power cable
By David Crouch – Financial Times
Lithuania has accused Russian warships of interfering with work on an undersea power cable linking it to Sweden that is intended to reduce its dependence on energy from Russia.
Carmaker Tesla looks to spark revolution in domestic power
By Ed Crooks and Andy Sharman – Financial Times
Tesla Motors, the Silicon Valley electric car company, has taken a big bet on domestic power storage, highlighting the growing momentum behind a potentially far-reaching transformation of global electricity supplies.
The Philosophy Behind Elon Musk’s Bid to Turn Tesla Into a Home Battery Maker
By Ashlee Vance – Bloomberg News
There’s a refrain you’ll hear from current and former employees of Elon Musk. He’s forever asking his staff to go back to “first principles.”
Will Tesla’s home battery really transform our energy infrastructure?
By Karl Mathiesen – The Guardian
“The goal is complete transformation of the entire energy infrastructure of the world,” Tesla founder Elon Musk told reporters as he launched the electric car company’s new home power storage battery on Thursday.
Republican who changed his mind on climate receives JFK award for courage
The former US representative Bob Inglis received the John F Kennedy Profile in Courage Award on Sunday, for reversing his position on climate change despite the predictable political fallout that helped cost the South Carolina Republican his seat in Congress.
The lukewarmers don’t deny climate change. But they say the outlook’s fine
By Tamsin Edwards – The Guardian
Unless you’re knee deep in the mud of the climate debate, as I am, you might not know that so-called “climate denial” is actually not that common in the UK.
Kofi Annan: ‘We must challenge climate-change sceptics who deny the facts’
By Nicola Davis – The Guardian
The former secretary-general of the UN answers questions on climate change, the Paris summit set for later this year and how ordinary people can make a difference.