In today’s edition, confirmation of the U.S. administration’s intention to reduce by between 26 and 28% its greenhouse gas emissions by 2025, as well as comments and a roundup of which country pledged what by yesterday’s deadline. Also, experts project one million green jobs by 2030 in China, EU and U.S., somewhat compensating the huge – and vastly underestimated, says a new study – economic cost of climate change.
Quote of the day
“Governments formulating climate action plans should consider the significant benefits for their people that could be achieved by setting their ambition levels to maximum.”
Niklas Hoehne, co-author of a new study by the New Climate Institute, an environmental research group, in the Thomson Reuters Foundation’s story One million green jobs projected by 2030 in China, EU and U.S. – experts
US makes historic climate pledge, targets emissions cuts of up to 28%
By Ed King – RTCC (Responding to Climate Change)
The US government has confirmed it will target a 26-28% drop in greenhouse gas emissions by 2025, in its contribution to a global climate change pact.
***LB: Also in this story “Announced last November as part of a US-China climate agreement, the offer has now been formally submitted to the UN ahead of this December’s Paris climate summit.”
Does Obama’s carbon emissions pledge go far enough?
The White House has pledged to cut carbon emissions by up to 28 per cent but some commentators warn that the plan does not go far enough.
White House: GOP criticism of climate pact ‘hard to take seriously’
By Timothy Cama – The Hill
The White House on Tuesday rebuked Republican critics of its contribution to the United Nations climate pact, saying the criticisms are “hard to take seriously.”
Climate deadline day: Which countries delivered Paris pledges?
As it happened: UN receives first set of national commitments for Paris climate change pact. US commits to greenhouse gas cuts up to 28% by 2025. Russia confirms to RTCC it will also submit INDC. Analysts say current ambition insufficient to avoid 2C (CAT).
Climate pledges: Deadline sees slow but promising start
By Richard Ingham – AFP
A rough deadline for Tuesday saw only 33 out of 195 countries submit pledges for tackling greenhouse gases under UN climate talks scheduled to conclude just over eight months from now.
Britain tells Japan to aim for 40% reduction on greenhouse gases
By Keisuke Katori – The Asahi Shimbun
Britain has urged Japan to set an ambitious target in cutting greenhouse gas emissions by 2030.
Countries Lag In Signing Green Climate Fund Contribution Agreements
By Gloria Gonzalez – Ecosystem Marketplace
The 9th meeting of the Green Climate Fund (GCF) featured a packed agenda, with several items geared toward the goal of getting the fund operational and positioning programs and projects for potential consideration by the GCF Board by October.
‘Rich nations’ fossil fuel export funding dwarfs green spend-documents
By Barbara Lewis – Reuters
Rich nations provided around five times as much in export subsidies for fossil-fuel technology as for renewable energy over a decade, according to OECD data seen by Reuters.
One million green jobs projected by 2030 in China, EU and U.S. – experts
By Chris Arsenault – Thomson Reuters Foundation
Nearly one million new “green jobs” are expected to be created in China, the United States and the European Union by 2030 if the regions stick to their current pledges to curb global warming, scientists said on Tuesday.
Big surprise in the greenhouse: study finds economic costs of climate change hugely underestimated
By Glenn Scherer – mongabay.com
Look at most climate change projection graphs and you will see a smoothly rising red line of increasing temperature, melting ice and other impacts. But climate does not work that way.
Ukraine expects to sign gas memorandum with Russia by April 14 – energy minister
Ukraine, locked in a longstanding pricing row with Russia over gas, hopes to sign a memorandum with Moscow this month on supplies that will run until the end of March 2016, its energy minister said on Wednesday.
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
ADM Announces Plan to Fight Deforestation
By Stephanie Strom – The New York Times
Archer Daniels Midland, one of the world’s largest commodities suppliers, has joined the growing number of major agriculture and food companies promising to take steps to conserve forests that are threatened by the global demand for commodities like palm oil and soy.
Subsidies to industries that cause deforestation worth 100 times more than aid to prevent it
By Arthur Neslen – The Guardian
Brazil and Indonesia spent over 100 times more in subsidies to industries that cause deforestation than they received in international conservation aid to prevent it, according to a report by the Overseas Development Institute (ODI).
Germany’s green energy drive forces down emissions
German CO2 emissions have fallen for the first time in three years as the country’s high profile switch to renewable energy takes hold.
***LB: Also in this story “CO2 emissions dropped by more than 41 million tonnes last year, a drop of 4.3 percent, according to data from Germany’s UBA environment agency. This marks a 27 per cent decline on 1990 levels.”
Natural gas / coal
Gas Utilities Reduce Leaks of Methane, Study Finds
By John Schwartz – The New York Times
Utilities are making progress in reducing leaks from their natural gas distribution networks, a new study has found, but the industry and regulators can do more.
British coal imports to jump ahead of April 1 carbon tax hike
By Sarah McFarlane and Susanna Twidale – Reuters
Britain’s coal imports should show a spike for the first quarter of 2015 as utilities hoard ahead of a tax rise designed to encourage them to switch away from the more polluting coal-fired power generation.
Smart grids, smart appliances key for EU Energy Union – Canete
By Geert De Clercq and Barbara Lewis – Reuters
Smart power grids that balance intermittent solar and wind energy with flexible power demand are crucial for the European Union’s plans for a single energy market, the EU’s climate and energy commissioner said.
EDF Trading Limited joins as Market Maker for Spanish Power Futures
EEX Press Release
The European Energy Exchange (EEX) welcomes EDF Trading Limited, London, as a new Market Maker on the Spanish Power Derivatives Market.
Spain’s Banco Santander to sell Australian wind farm – source
By Byron Kaye – Reuters
Spain’s Banco Santander SA , Europe’s biggest bank, plans to sell its only Australian wind farm partly because of uncertainty about the country’s support for renewable energy, a person familiar with the matter told Reuters on Wednesday.
Researcher: Millions could be displaced by rising oceans by 2100
By Doug Pardue and Tony Bartelme – The Post and Courier
Rising seas could displace nearly 12 million people living on the coast during the next 85 years, with areas in the Southeast, including Charleston, seeing some of the most dramatic impacts, a Georgia researcher said Tuesday.
Study: Global warming causes more global warming
By Michael Casey – CBS News
It is bad enough that warming temperatures are being blamed for the drought in California or melting sea ice in the Arctic.
***LB: Also in this story “Now, a new study finds a warmer world could actually be causing an increase in emissions of greenhouse gases like carbon dioxide (CO2) and methane from ecosystems on land. Using data from ice cores dating back nearly 1 million years, researchers uncovered what is called positive feedback in climate, where effects of one factor serve to amplify another and thus worsen the cycle of climate change.”