In today’s edition, your classic medley: officials, such as U.N.’s climate chief Christiana Figueres, promote a climate deal, while the GOP still disagrees with the EPA initiatives, and companies try to come clean. Finally, European Union diplomats have approved a proposal to begin reform of the world’s biggest carbon market in 2019.
Quote of the day
“The bottom line (is that) this is an agreement and a path that is protective of growth and development rather than threatening to growth and development.”
U.N.’s climate chief Christiana Figueres, in the Reuters’ story New climate deal seen aiding GDP, lacking sanctions-UN chief
New climate deal seen aiding GDP, lacking sanctions-UN chief
By Alister Doyle – Reuters
A U.N. deal to combat global warming due in December will seek to lift world economic growth and be based more on encouragement than threats of punishment for non-compliance, the U.N.’s climate chief said on Wednesday.
EU diplomats approve proposal to start CO2 market reform in 2019
By Barbara Lewis and Susanna Twidale – Reuters
European Union diplomats have approved a proposal to begin reform of the world’s biggest carbon market in 2019, Latvia, the holder of the EU Presidency, said on Wednesday.
***LB: Also in this story “Discussions have dragged on for months over the plan to begin operating a Market Stability Reserve (MSR) to remove some of huge surplus of carbon allowances that has depressed prices on the EU’s Emissions Trading System (ETS).”
Senate GOP launches attack on climate rules
By Timothy Cama and Devin Henry – The Hill
Senate GOP Lays Out Attack: Senate Republicans announced a bill Wednesday with a multi-pronged approach to fight the Environmental Protection Agency’s (EPA) carbon limits for power plants.
***LB: Also in this story “The bill would immediately repeal the proposed climate rules both for new and existing power plants and attach various provisions that the EPA would have to follow if it wanted to rewrite them.”
Tech Companies Are Moving To 100% Clean Energy, Some Faster Than Others
With people storing gigabytes-worth of selfies online and live-streaming their naps, cloud data centers from companies like Apple, Amazon, and Facebook demand more and more electricity these days.
***LB: Also in this story “Apple, Google, and Facebook all earn high marks for executing on plans to power their massive server farms with renewables. Is Amazon lagging behind?”
Equivalency, Streamlining and Stacking: Hot Topics Of This Year’s Mitigation Banking Conference
By Lauren Hutchison – Ecosystem Marketplace
Over 400 people from six countries gathered in Orlando, Florida last week for the 2015 National Mitigation and Ecosystem Banking Conference (NMEBC).
UK renewables investment hit record £10.7bn in 2014, says PwC
By Jessica Shankleman – BusinessGreen
The UK’s renewable energy industry had its best year yet for new investment, attracting £10.7bn in 2014, according to new analysis, but the country still requires a further £50bn over the next five years if it is to meet its green energy targets.
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
Democrats revive Inslee’s carbon-tax idea
By Jim Brunner – Seattle Times
Democrats in the state Legislature are working to revive the centerpiece of Gov. Jay Inslee’s environmental agenda — new charges on carbon emissions that would raise billions of dollars for the state budget while combating global warming.
Boris Johnson rejects London motion on fossil fuel divestment
By Adam Vaughan – The Guardian
(London’s) Mayor Boris Johnson has rejected a motion by the London assembly calling on City Hall’s pension fund to divest from fossil fuels, arguing the UK needs to press ahead with fracking to avoid being reliant on the Middle East and Russia for gas.
UK and Germany heavyweights lagging in clean van rankings
By Jessica Shankleman – BusinessGreen
The UK and Germany’s tendency to buy larger and heavier vans is holding back European Union efforts to reduce CO2 emissions from commercial fleets, a new analysis has shown.
***LB: Also in this story “Preliminary data released by the European Environment Agency (EEA) yesterday, reveals the fuel efficiency of new vans purchased in 2014 improved by 2.4 per cent compared to the previous year.”
Natural gas / coal
London School of Hygiene and Tropical Medicine divests from coal companies
By Emma Howard – The Guardian
The London School of Hygiene and Tropical Medicine, has sold off investments in coal companies from its £16m endowment in a bid to rid itself of ties to firms that contribute most significantly to climate change.
(UK’s) Tory pledge to end wind subsidies risks green economy, say industry leaders
By Fiona Harvey – The Guardian
The Conservatives must not undermine the so-called green economy and cause job losses through their manifesto pledge to end subsidies for onshore windfarms, figures in the renewable energy industry have said.
South Africa Considers Selling Stake in Power Utility Eskom
By Liezel Hill and Tshepiso Mokhema – Bloomberg News
South Africa will consider options to increase private-sector participation in power generation, including the potential sale of a stake in state-owned utility Eskom Holdings SOC Ltd.
Ethiopia to step up role as regional clean power exporter
By E.G. Woldegebriel – Thomson Reuters Foundation
Ethiopia plans to begin exporting renewable energy to a broader range of neighbouring nations by 2018 as part of a cross-border effort to meet regional energy demand and limit increases in climate-changing emissions.
With Tesla Entering Market, Hopes for Home Batteries Grow
By Kate Galbraith – The New York Times
Christian Kasberger, a telecommunications engineer in the Austrian town of Waizenkirchen, wanted to reduce his family’s dependence on fossil fuels that help power the electrical grid.
Nestle Turns Milk Into Water as California Drought Rages
By Thomas Mulier and Corinne Gretler – Bloomberg News
Nestle SA, facing protests in drought-stricken California for bottling water, is spending millions to turn wastewater from milk into a liquid it can use to clean up its factories — and burnish its corporate image.
It’s not just California: the whole Southwest is facing a growing water crunch
By Brad Plumer – Vox
All through the 20th century, the United States built a concrete army of dams around the West to tame rivers, generate electricity, and store up water in reservoirs for cities and farms.
Nepal Monsoon Rains Bring More Safety Concerns
Circle of Blue
Monsoon rains mean an increased likelihood of landslides in Nepal as communities recover from the earthquake.
GOP energy commissioner to resign
By Timothy Cama – The Hill
Federal Energy Regulatory Commission (FERC) member Philip Moeller is planning to resign.
***LB: Also in this story “Moeller, a Republican who was first nominated to FERC by President George W. Bush and started in 2006, said late Tuesday that he will stay on until a replacement is confirmed.”
‘Elon Musk,’ a Biography by Ashlee Vance, Paints a Driven Portrait