Summary

In today’s edition, we keep you abreast of the latest developments at the Climate conference in Lima, with two different visions: voluntary cuts for the U.S., legally binding targets for Europe. Also, while Nike and furniture giant IKEA are backing the administration’s landmark climate rule on carbon pollution from existing power plants, Hillary Clinton remains uncommitted on climate.

Quote of the day 

“The reality of it is that no one was able to come up with a different way of going about it. You could assign every country a particular reduction that on paper looks like a perfect result and then you can’t get agreement on it. This is a way to get everyone in. It’s not going to be perfect, but it’s a strong start that would get better and better.”

State Department’s Todd Stern, in the Los Angeles Times’ story U.S. sees voluntary emissions cuts as key to a climate change accord 

Lead stories

Lima climate talks: EU and US at odds over legally binding emissions targets
By Dan Collyns – The Guardian 
The European Union (EU)’s delegation at the climate change conference in Lima has argued that legally binding cuts applying to all countries are necessary and should be adopted by 2015 and entered into force by 2020. 
http://jlne.ws/1yhgIc3

U.S. sees voluntary emissions cuts as key to a climate change accord 
By Neela Banerjee – Los Angeles Times  
The United States is championing a new international approach to cutting greenhouse gases that offers the best chance of prompting countries to take action to avert the worst effects of global warming, the nation’s chief climate negotiator said Monday. 
http://jlne.ws/1tLnQuS

UN plans for 2015 climate deal favour rich, say developing countries 
By Sophie Yeo – RTCC (Responding To Climate Change)
A tense atmosphere marked the beginning of UN climate talks in Lima, as African countries accused co-chairs of driving an imbalanced process.
http://jlne.ws/1zjan1Q

Developing nations urge deeper climate cuts to zero emissions
By Alister Doyle – Reuters
Developing nations called on the rich on Tuesday to do more to lead the fight against climate change in line with scientific findings that global greenhouse gas emissions should fall to net zero by 2100 to avert the worst impacts. 
http://jlne.ws/12mspFt

Germany steps up CO2 cuts to meet 2020 climate goals
By Madeline Chambers – Reuters
Germany’s cabinet approved a new plan on Wednesday to slash CO2 emissions in order to meet its ambitious climate targets, but environmental groups criticized the government for not going further in reducing its reliance on coal-fired power plants. 
http://jlne.ws/1HZRjvI

How your pumpkin spice latte is tied to the climate rule
By Laura Barron-Lopez and Timothy Cama – The Hill
6 Degrees of Separation: Well, more like two. You buy your pumpkin spice latte from Starbucks, Starbucks endorses the administration’s landmark climate rule on carbon pollution from existing, and boom, you are connected.
http://jlne.ws/1wpztyk

Nike, IKEA join 221 companies in backing EPA’s climate rule
By Laura Barron-Lopez – The Hill
Major sportswear retailer Nike and furniture giant IKEA are backing the administration’s landmark climate rule on carbon pollution from existing power plants. 
http://jlne.ws/1pRYW1k

Clinton’s noncommittal stance on environment creates political dilemma
By Anne Gearan  – The Washington Post 
Hillary Rodham Clinton’s environmental problem was on full display in back-to-back events here Monday evening. 
http://jlne.ws/1vlALco

Eating less meat essential to curb climate change, says report 
By Damian Carrington – The Guardian
Curbing the world’s huge and increasing appetite for meat is essential to avoid devastating climate change, according to a new report. But governments and green campaigners are doing nothing to tackle the issue due to fears of a consumer backlash, warns the analysis from the thinktank Chatham House. 
http://jlne.ws/1rT14Hn

Ukraine Reports Nuclear Plant Accident, but Official Says There’s ‘No Threat’
By Andrew Roth – The New York Times 
Prime Minister Arseniy P. Yatsenyuk of Ukraine on Wednesday announced that there had been an accident at one of the country’s nuclear power plants, briefly setting off fears of a Chernobyl-like catastrophe. 
http://jlne.ws/1vLqxSv

Putin’s Surprise Call to Scrap South Stream Gas Pipeline Leaves Europe Reeling
By Stanley Reed and James Kanter – The New York Times
Energy executives across Europe were scrambling on Tuesday to understand the implications of President Vladimir V. Putin’s surprise announcement that Russia would scrap the long-planned South Stream project that was to pipe natural gas to Europe. 
http://jlne.ws/1vmT9BI

Norway’s oil fund to remain oil investor
By Richard Milne – Financial Times
Norway’s oil fund can carry on investing in oil. 
http://jlne.ws/1CFaavE

Energy commissioner blasts EPA climate rule
By Timothy Cama – The Hill
A member of the Federal Energy Regulatory Commission (FERC) blasted the Obama administration’s climate rule, saying it would threaten electricity reliability and cost hundreds of billions of dollars. 
http://jlne.ws/1pRXWdk

Green energy sector jobs surpass total oil sands employment
By Richard Blackwell – The Globe and Mail
Canada’s green energy sector has grown so quickly and has become such an important part of the economy that it now employs more people than the oil sands. 
http://jlne.ws/1rWEojK

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

NJ Senate Bans “Coal Rolling” — Way to Bypass Pollution Controles on Diesel Vehicles 
By Tom Johnson – NJ Spotlight 
The state is trying to prevent diesel-fueled trucks and other vehicles from being retrofitted to allow them to spew more soot, smoke, and other pollutants into the air. 
http://jlne.ws/1w1Hzxy

Natural gas / coal

Will Australia be the great coal defender at Lima climate talks? 
By Graham Readfearn – The Guardian 
When a climate science denialist starts congratulating your country on its stance at major international climate change talks, you know things have gone decidedly bad. 
http://jlne.ws/1FO72Mh

China’s carbon goal a tough sell in coal country
By Jack Chang – Associated Press
The black slabs of coal came in by the truckload through this dusty valley in northern China, slated to power cement and steel plants, heat the houses of poor farmers and even grill skewers of lamb and beef.
http://jlne.ws/12mpVqq

Hillary Clinton says fracking carries risks in conservation speech 
By Suzanne Goldenberg – theguardian.com
Hillary Clinton has offered mild criticism of the fracking boom that has spread across the US under Barack Obama’s presidency, drawing another small distinction with his administration.
http://jlne.ws/1yjm4aC

How a ruby-red Texas town turned against fracking 
By Suzanne Goldenberg  – The Guardian
The fracking ban that comes into effect on Tuesday in the heart of Texas might never have happened at all, if industry had not insisted on fracking beside a local hospital, a children’s playground, and the 100-year-old farmhouse that was Cathy McMullen’s retirement dream. 
http://jlne.ws/12rUE6q

Power

CGN Power Said to Raise $3.2 Billion in Hong Kong Initial Offer
By Fox Hu and Aibing Guo – Bloomberg
CGN Power Co., seeking to become China’s first listed nuclear energy producer, raised about $3.2 billion in Hong Kong’s biggest initial public offering in two years, people with knowledge of the matter said.
http://jlne.ws/1tLBkqm

UK opens capacity market to electricity interconnectors
By Will Nichols – BusinessGreen
Electricity interconnectors linking the UK grid to its neighbours will be able to bid for payments the government will hand out to generators for supplying backup capacity later this decade. 
http://jlne.ws/1yMWcUy

France plunges into tidal and offshore wind energy with latest leasing rounds
By Jessica Shankleman – BusinessGreen
France’s emerging marine energy sector received a major boost this week, after the government announced plans to progress with two new tidal power schemes and said it would next year launch another offshore wind leasing round. 
http://jlne.ws/1rT0v0d

Clean tech

Will Rollout of Green Technologies Get a Boost at Lima Climate Summit?
By Desmond Brown – IPS
The road towards a green economy is paved with both reward and risk, and policymakers must seek to balance these out if the transition to low-carbon energy sources is to succeed on the required scale, climate experts say.
http://jlne.ws/1yLGWGt

Water

Study committee calls for Maine to act on ocean acidification
Portland Press Herald
Maine should increase research and monitoring into how rising acidity levels in oceans could harm the state’s valuable commercial fisheries while taking additional steps to reduce local pollution that can affect water chemistry.
http://jlne.ws/1tD6KjL

Nicaragua’s Grand Canal’ set to overshadow Panama Canal (VIDEO)
Malaymail Online 
The canal will stretch 278 kilometers, will vary in width from 230 meters to 520 meters and will be 27.6 meters deep. The canal will be 3.5 times longer than the Panama canal and almost twice as deep. 
http://jlne.ws/1tDe4vy

Miscellaneous

Bhopal demands justice 30 years after deadliest industrial disaster
Reuters
Hundreds of people marched through Bhopal late Tuesday, waving flaming torches to commemorate the thousands who perished in the world’s deadliest industrial disaster and demanding justice for survivors who continue to suffer three decades on. 
http://jlne.ws/1vMPETK

Report: Tumbling oil prices could eliminate US production growth
By Laura Barron-Lopez – The Hill
Falling oil prices resulting in production cuts could wipeout the growth in U.S. output over the next year and half, according to a new report from financial services group Raymond James. 
http://jlne.ws/1CEecVb 

Conservative lobby group Alec plans anti-environmental onslaught
By Suzanne Goldenberg – theguardian.com
The corporate lobbying network American Legislative Exchange Council, commonly known as Alec, is planning a new onslaught on a number of environmental protections next year when Republicans take control of Congress and a number of state legislatures. 
http://jlne.ws/1pTxjVw

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