Summary

In today’s edition, analyses of the agreement produced by the UN Climate Conference in Lima. A weak deal, which leaves most commitments to the Paris Conference in December 2015. However, over the next six months, every nation will have to put forward a detailed domestic policy plan to limit its emissions of planet-warming greenhouse gases from burning coal, gas and oil, to be enacted by 2020 – if agreed in Paris.

Quote of the day

“It’s the bare minimum of what we need, but we can work with it to get the pressure on.”

Alden Meyer, president of the group Union of Concerned Scientists, in the New York Times’ story Climate Deal Would Commit Every Nation to Limiting Emissions

Lead stories

A Climate Accord Based on Global Peer Pressure
By Coral Davenport – The New York Times
Shortly before 2 a.m. on Sunday, after more than 36 straight hours of negotiations, top officials from nearly 200 nations agreed to the first deal committing every country in the world to reducing the fossil fuel emissions that cause global warming. 
http://jlne.ws/1w8PKqr

Climate Deal Would Commit Every Nation to Limiting Emissions
By Coral Davenport – The New York Times
Negotiators from around the globe reached a climate change agreement early Sunday that would, for the first time in history, commit every nation to reducing its rate of greenhouse gas emissions — yet would still fall far short of what is needed to stave off the dangerous and costly early impact of global warming. 
http://jlne.ws/12PouRT 
***LB: Also in this story “The agreement requires every nation to put forward, over the next six months, a detailed domestic policy plan to limit its emissions of planet-warming greenhouse gases from burning coal, gas and oil. Those plans, which would be published on a United Nations website, would form the basis of the accord to be signed next December and enacted by 2020.”

UN agrees way forward on climate change – but path is unclear
By Nicholas Stern – The Guardian
Governments took a step back from chaos in the climate change discussions in Lima and found a way forward on Sunday, albeit with some fudges and compromises, giving themselves just 12 months to finalise a crucial international agreement to avoid dangerous levels of global warming. 
http://jlne.ws/1yOGq86

UN climate negotiators pass watered-down deal in Lima 
By Elizabeth May – The Associated Press
Negotiators have reached a watered-down deal at U.N. talks in Peru that sets the stage for a global climate pact in Paris next year. 
http://jlne.ws/1BMFxDf

Rich-Poor Climate Divide Threatens Prospects for New Deal
By Alex Morales, Alex Nussbaum and Ewa Krukowska – Bloomberg
Two weeks of debate on how to limit carbon pollution across the globe ended with a deal that failed to resolve the toughest debate: how to narrow the divide between industrialized countries and poor ones that believe they need fossil fuels to help expand their economies. 
http://jlne.ws/1zbMJXe

Lima climate change talks end in agreement – but who won? 
By Suzanne Goldenberg – The Guardian
There was one thing above all others that wealthy countries wanted out of the Lima negotiations and that was a method of accounting for emissions cuts. 
http://jlne.ws/1uJeIbr

Why Lima Was So Tough
By Elliot Diringer – C2ES (Center for Climate and Energy Solutions)
It was clear heading into the U.N. climate change conference in Lima that countries would punt all the toughest issues until next year in Paris, when a grand new global deal is due. All they really needed in Lima were a few procedural decisions setting the stage. 
http://jlne.ws/12PlKEi

The Guardian view on the Lima climate change conference: a skirmish before the real battle 
Editorial – The Guardian
Another round in the UN climate change negotiations ended in Lima early on Sunday morning. It took a fortnight and two extra days of intense negotiation to achieve one small step towards the outline of an agreement for next year’s all-important Paris talks. 
http://jlne.ws/1A9OHWv  

New Portal Highlights City and Private Sector Climate Action 
UN Press Release
A way to increase the visibility of the wealth of climate action by cities, regions, companies and investors was launched today by the government of Peru. 
http://jlne.ws/1GExnLf

Events

U.S. Solar Market Insight Conference
The U.S. Solar Market Insight Conference presents data, analysis and expert forecasting on the state of the solar market in the U.S.
Dec. 8 – 10, 2014
San Diego, CA
jlne.ws/1tvNBEM

The Importance and Impact of Including Fuels and Natural Gas in California’s Cap-and-Trade Program
Climate Action Reserve
December 11, 2014 – 10:00am – 11:00am PST
Type of Event: Webinar
jlne.ws/11QVoSh

Defense, National Security & Climate Change Symposium
ACCO
January 7-8, 2015
Marriott Wardman Park Hotel, Washington DC
jlne.ws/11QVx8i

2015 Climate Leadership Conference
ACCO, EPA, The Climate Registry, C2ES
February 23-25, 2015
Ritz-Carlton Pentagon City (Arlington, VA)
jlne.ws/AAf4bu

Carbon

Forest Announcements Pave Way for Climate Action 
UN Press Release
At the UN Climate Change Conference in Lima, a group of five countries has taken steps towards improved national and global forest action. 
http://jlne.ws/13nVIZx 
***LB: Also in this story “Colombia, Guyana, Indonesia, Malaysia and Mexico formally submitted information and data on the status of their greenhouse gas emission reductions in the forest sector to the secretariat of the UN Framework Convention on Climate Change (UNFCCC) which is required to access finance for forests.”

Avoided Deforestation Could Land On Green Climate Fund
By Gloria Gonzalez – Ecosystem Marketplace
It was a heavy lift to get countries to pledge the $10 billion seen as a crucial source of early financing for the Green Climate Fund (GCF) by the end of this year’s Conference of Parties (COP 20) in Lima, Peru.
http://jlne.ws/13nUspl

Natural gas / coal

Big Banks Propping Up Coal Industry to the Tune of $89 Billion
By Yann Louvel – The Energy Collective
After nearly destroying the global financial system, big international banks are yet again undermining international stability, this time by underwriting the coal industry’s devastating effect on climate disruption and human health. 
http://jlne.ws/1xk2hZR

First coal ash regulations in the offing
By Timothy Cama – the Hill
The Obama administration will soon finish rules aimed at controlling pollution from toxic coal ash, making good on a promise it made less than two months after President Obama’s inauguration.
http://jlne.ws/1zm20n8

How the ‘War on Coal’ went global
By Erica Martinson – Politico
Congressional Republicans who vow to defeat President Barack Obama’s “War on Coal” can do little to defend the industry against a growing international threat — the drying up of its once-promising markets overseas.
http://jlne.ws/1BEvfSM

Dem bill would ban fracking on federal land
By Timothy Cama – The Hill
A House Democrat introduced a bill aimed at prohibiting hydraulic fracturing for oil or natural gas on federal land. 
http://jlne.ws/13nULAE

Large gas field discovered off Israel’s Mediterranean coast 
Reuters
A new natural gas field off Israel’s Mediterranean coast may hold about 3.2 trillion cubic feet (tcf) of gas, an exploration group said on Sunday after analysing a 3D seismic survey of the area.
http://jlne.ws/1yRjfiB

Israel’s Natural Gas Supply Offers Lifeline for Peace
By Stanley Reed and Clifford Krauss – The New York Times
Alarms rang out across the Tamar natural gas platform off the southern coast of Israel. 
http://jlne.ws/1AxkIrv

How this young billionaire made a killing on Russian gas 
By Stephen Grey, Tom Bergin, Sevgil Musaieva and Jack Stubbs – Reuters
A young businessman accused of being a frontman for former Ukrainian president Viktor Yanukovich made $100 million or more from buying Russian gas at a preferential rate and selling it on at higher prices, according a former senior employee and a Reuters examination of official data.
http://jlne.ws/12PvH4p

Power

IKEA aims to make Swiss roll with solar deal
By Will Nichols – BusinessGreen
IKEA will sell solar panels in its Swiss stores from today following successful roll outs of its residential solar offer in the UK and The Netherlands.
http://jlne.ws/1zUFgfo

UK electricity supply auction worth £1.8bn a year set to begin
By Michael Kavanagh – Financial Times  
An auction that officials estimate could cost more than £1.8bn a year to secure the UK’s electricity supplies beyond 2030 begins on Tuesday, aimed at procuring certain supply of nearly 50 gigawatts of capacity — the bulk of the nation’s peak energy demand. 
http://jlne.ws/1BEtUeF

Clean tech

Capturing Carbon as a Byproduct of Running a Fuel Cell
By Matthew L. Wald – The New York Times
The more that engineers look, the more they find unexpected ways to capture carbon dioxide, a gas that scientists say threatens global climate stability. 
http://jlne.ws/1ySYmU7

Water

Yes, It’s Raining in California. No, the Drought Is Not Over
By Brett Walton – Circle of Blue
Instruments at San Francisco International Airport recorded more rain over the first six days of December than in the entire 365 days of 2013, the driest year on record in California.
http://jlne.ws/1wsBOHF

Miscellaneous

Earth faces sixth ‘great extinction’ with 41% of amphibians set to go the way of the dodo 
By Robin McKie – The Observer
A stark depiction of the threat hanging over the world’s mammals, reptiles, amphibians and other life forms has been published by the prestigious scientific journal, Nature. 
http://jlne.ws/1uJfeGB 
***LB: Also in this story “A special analysis carried out by the journal indicates that a staggering 41% of all amphibians on the planet now face extinction while 26% of mammal species and 13% of birds are similarly threatened.”

 

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