In today’s edition, carbon pricing gains traction: The world is coming to terms with this idea and UN climate science head calls for it. And a big bravo for the UK: The country leads G-20 in carbon cuts, PWC Says.
Quote of the day
“The pricing methods vary and it must be chosen based on each country’s conditions. But one thing is sure that they need to pay as much as they release greenhouse gases. There’s an unavoidable need to price the carbon emissions.”
Hoesung Lee, chairman of the Intergovernmental Panel on Climate Change (IPCC), in the Hill’s story UN climate science head calls for carbon pricing
UN climate science head calls for carbon pricing
By Timothy Cama – The Hill
The new head of the United Nations’s climate science agency said countries around the world need to implement systems to put a price on carbon dioxide emissions.
Paying to Pollute Gains Ground as Nations Seek Climate Solution
By Alex Nussbaum and Ewa Krukowska – Bloomberg News
The world is coming to terms with the idea that putting a price on carbon emissions is necessary to fight global warming. Now there’s a growing consensus on how to make it happen.
World Bank pledges extra $29bn to poorer nations for climate change fight
By Dan Collyns – The Guardian
The World Bank has pledged to boost by up to $29bn the financial assistance pledged to poorer nations to cope with climate change, bringing closer the possibility of reaching a target of $100bn a year by 2020.
Electricity firm CEOs urge clear policies for low-carbon shift
By Alister Doyle – Reuters
Heads of 11 companies that generate a third of the world’s electricity urged governments on Sunday to agree clear, long-term policies to underpin a shift to lower-carbon energy as part of a U.N. agreement on climate change due in December.
*** LB: Also in this story “They also issued a report about how new technologies can both raise electricity supplies and limit greenhouse gases. These included more-efficient solar power, sea-based floating wind turbines and methods to capture emissions from coal-fired power plants.”
How can companies integrate sustainable development goals?
By Bruce Watson – The Guardian
When the Syrian refugee crisis hit the news, global educational publisher Pearson wrote a check. But after sending £500,000 ($765,605) to aid relief efforts, the company began looking for more ways to make a more personal contribution.
India’s climate tech revolution is starting in its villages
By Lisa Palmer – The Guardian
From solar powered irrigation to handheld crop sensors, climate-smart villages are springing up across Gujarat, Haryana, Punjab and other states.
Renewable Energy Financing Hits a Snag
By Diane Cardwell – The New York Times
Only a few months ago, it seemed that the renewable energy sector could do little wrong: Stock prices were soaring and money was pouring in as investors flocked to get in on the action.
U.K. Leads G-20 in Carbon Cuts Before Climate Summit, PWC Says
By Alex Morales – Bloomberg News
The U.K. led the G-20 last year in reducing the carbon intensity of its economy, a key measure of success in the battle against climate change.
Antarctic ice is melting so fast the whole continent may be at risk by 2100
Antarctic ice is melting so fast that the stability of the whole continent could be at risk by 2100, scientists have warned.
19th Annual Environmental Markets Association Meeting
October 28-30, 2015
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
Call For Nominations: Environmental Markets Association
The Environmental Markets Association is calling for nominations for two (2) openings on the Board of Directors for 2015/2016.
If you are interested in running or would like to nominate someone, please call the EMA Headquarters at 202-591-2465
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If we want a low-carbon future to happen, we should look to Silicon Valley
By Solitaire Townsend – The Guardian
Do you really believe? I’m not asking if you ‘believe’ in climate change – thankfully that question has been delegated to the world of trolls.
Natural gas / coal
Poland and Baltic states set to sign deal to build gas pipeline
By Christian Oliver and Henry Foy – Financial Times
Poland is set to sign a deal to build a highly strategic gas pipeline to the Baltic states as part of an effort to break Russia’s energy stranglehold over the three EU members.
China mulls new coal curbs that would limit emissions but dent commodity demand
By Philip Wen and Peter Hannam – Sydney Morning Herald
China is considering aggressive new curbs on coal consumption as it accelerates efforts to transform its economy and tackle climate change, moves that would hurt Australia’s export revenue and place new mines in doubt.
Can a country planning 80 coal-fired power plants get serious about climate change?
By Lisa Friedman – E&E
Driving along the E5 highway, this ancient city’s jumble of concrete block high-rises and Ottoman-domed mosques recedes into the distance. The future gleams.
Nigeria May Curtail Ghana Natural Gas Supply Over Debts
By Ekow Dontoh – Bloomberg News
Nigeria may curb the supply of natural gas to Ghana because the country hasn’t paid more than a year of bills for the fuel, the West African Gas Pipeline Co. said.
RWE, EON Jump Most Since 2008 on Atomic Stress Test Pass
By Tino Andresen and Weixin Zha – Bloomberg News
RWE AG and EON SE jumped the most since 2008 in Frankfurt trading after the German Economy Ministry said the nation’s utilities have enough funds to pay for the shutdown and cleanup of nuclear power plants.
Big utilities enter market for small rooftop solar
By Ray Henry and Susan Montoya Bryan – AP
Traditional power companies are getting into small-scale solar energy and competing for space on your rooftop.
Africa’s largest windfarm set to connect remote Kenya to the grid
By Murithi Mutiga and David Smith – The Guardian
With its spectacular jade waters ringed by ochre red volcanic hills, Lake Turkana, a desert lake in Kenya’s rugged northerly corner provided a wonderful spot for Dutchman Willem Dolleman’s annual fishing expeditions in his adopted homeland.
Chanos Sees Tesla as an Overpriced Carmaker Compared With BMW
By Jamie Butters – Bloomberg News
Jim Chanos, the short-seller who runs Kynikos Associates LP, said Tesla Motors Inc. stock is too high compared with other automakers such as BMW AG.
Why climate change could leave the Horn of Africa parched
By Eva Botkin-Kowacki – Christian Science Monitor
Climate change is drying out the Horn of Africa at an alarming rate, say scientists.
El Niño could leave 4 million people in Pacific without food or drinking water
By Ben Doherty – The Guardian
Two dozen people have already died from hunger and drinking contaminated water in drought-stricken Papua New Guinea, but the looming El Niño crisis could leave more than four million people across the Pacific without enough food or clean water.