Summary

With the Lima Climate Conference now in full swing, guarded optimism as to a meaningful accord at the 2015 Paris Conference in today’s edition. And also, how sanctions on Russia made President Putin abandon the South Stream gas pipeline project. 

Quote of the day

“We believe that it does not coincide with Europe’s economic interests and harms our cooperation. But such is the decision of our European friends. They are, in the end, customers. It is their choice.”

Russia’s President Vladimir V. Putin, in the New York Times’ story In Diplomatic Defeat, Putin Diverts Pipeline to Turkey

Lead stories

UN Climate chief sets out four-point plan for Lima Summit
By Jessica Shankleman  – BusinessGreen
A fortnight of international climate change talks starting in Peru must deliver concrete steps towards a global deal on curbing rising global temperatures next year, including putting a draft agreement on the table, the head of the United Nation’s Climate Change Secretariat said yesterday.
http://jlne.ws/12jOPIg

At climate talks, UN calls fossil fuels ‘high risk’ investment 
By Alister Doyle – Reuters
Falling oil prices show the “high risk” of fossil fuel investments compared with renewable energies, the U.N.’s climate chief said on Monday at the start of 190-nation talks on a deal to slow global warming. 
http://jlne.ws/1ybxs9P

Oil Investors May Be Running Off a Cliff They Can’t See
By Alex Morales  – Bloomberg 
A major threat to fossil fuel companies has suddenly moved from the fringe to center stage with a dramatic announcement by Germany’s biggest power company and an intriguing letter from the Bank of England. 
http://jlne.ws/1vgI0Ch

Plunging Oil Prices Won’t Kill Clean Energy Push
Bloomberg
While OPEC is helping drive down global oil prices, it’s having less success squeezing the $250 billion green energy industry. 
http://jlne.ws/1tz6lyL

Optimism Faces Grave Realities at Climate Talks
By Coral Davenport – The New York Times
After more than two decades of trying but failing to forge a global pact to halt climate change, United Nations negotiators gathering in South America this week are expressing a new optimism that they may finally achieve the elusive deal. 
http://jlne.ws/1vEiXZP 

INDCs, REDD+, And The Alphabet Soup Of COP 20
By Steve Zwick – Ecosystem Marketplace
If you haven’t heard of INDCs, you’re not alone. Try finding them on Google News, and you’ll end up learning more about what’s happening “in DC” (the US Capitol) than about the of “Intended Nationally-Determined Contributions” that have that have re-framed global climate negotiations that begin here today. 
http://jlne.ws/1rR4kD7

Aldersgate Group calls on politicians to embrace ‘positive’ green vision
BusinessGreen 
The Aldersgate Group will today become the latest green NGO to set out its policy recommendations for the manifestos of the main parties ahead of next year’s general election, launching a package of proposals designed to accelerate the development of the low-carbon economy and prioritise energy and resource-efficiency measures. 
http://jlne.ws/1tGLbxJ 
***LB: Also in this story “The group, which includes businesses such as Asda, Sky, Marks & Spencer, and National Grid; NGOs such as WWF and Friends of the Earth; and trade bodies and unions, such as the Green Building Council, IEMA, and the TUC; and a cross-party group of politicians will call on parties from across the political spectrum to demonstrate “ambitious leadership” by offering “a positive and long-term vision for the UK” based on more ambitious environmental action.”

Comment period for EPA’s climate rule closes
By Laura Barron-Lopez and Timothy Cama – The Hill
Time’s up: Close of business Monday was the deadline for formal comments on the Environmental Protection Agency’s (EPA) landmark climate rule for power plants. 
http://jlne.ws/1rR5YEG

Fuel manufacturer threatens to sue EPA over 2015 fuel mandate
By Laura Barron-Lopez – The Hill
A top fuel manufacturer is threatening to sue the Environmental Protection Agency for failing to meet deadlines on its 2015 proposal for the renewable fuel mandate. 
http://jlne.ws/1ybwutX

In Diplomatic Defeat, Putin Diverts Pipeline to Turkey
By Andrew Roth – The New York Times
President Vladimir V. Putin said Monday that he would scrap Russia’s South Stream gas pipeline, a grandiose project that was once intended to establish the country’s dominance in southeastern Europe but instead fell victim to Russia’s increasingly toxic relationship with the West. 
http://jlne.ws/1tydvmV 
***LB: Also in this story “The decision also seemed to be a rare victory for the European Union and the Obama administration, which have appeared largely impotent this year as Mr. Putin annexed Crimea and stirred rebellion in eastern Ukraine.”

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

Carbon emissions: past, present and future – interactive
The Guardian
As the UN climate talks open in Lima to agree on a draft text for a treaty in Paris next year, here is a timeline of world’s top 20 emitters of carbon dioxide since the dawn of industrialisation dominated by UK and US. 
http://jlne.ws/1zce61j

ArcelorMittal South Africa to raise steel prices if carbon tax introduced 
Reuters
Africa’s largest steel maker, ArcelorMittal South Africa, said on Tuesday it would raise its prices if the government implements a carbon tax in 2016. 
http://jlne.ws/11O2vdL

Almost 90% of Australians support renewable energy target, says poll 
By Lenore Taylor – The Guardian
Almost 89% of Australians want the renewable energy target increased or kept the same, according to new polling designed to shore up Senate opposition to plans by the government and some crossbench senators to wind back the policy. 
http://jlne.ws/1AarUdx

Natural gas / coal

US shale lenders caught in energy sell-off
By Tracy Alloway – Financial Times
The share prices of US banks based in the shale oil heartlands of America nosedived late last week after Opec’s decision to keep its current production rates sparked another steep fall in the price of crude. 
http://jlne.ws/1FIZMze 

Power

Why More Solar Panels Should Be Facing West, Not South
By Matthew L. Wald – The New York Times  
For years, homeowners who bought solar panels were advised to mount them on the roof facing south. That captures the most solar energy over the course of the day, which benefits the homeowner, but does so at hours that are not so helpful for the utility and the grid as a whole. 
http://jlne.ws/1yd2sov

EDF, DCNS Chosen by French Government to Test Tidal Generation
By Louise Downing – Bloomberg 
The French government chose DCNS SA and EDF Energies Nouvelles SA to test tidal energy generation off the Normandy coast after calling for interested parties. 
http://jlne.ws/1ybMxYJ

5 Ideas for EPA’s Clean Power Plan
By Bob Perciasepe – C2ES (Center for Climate and Energy Solutions)
The proposed Clean Power Plan to reduce carbon emissions from existing power plants is a long overdue turning point in America’s response to climate change. 
http://jlne.ws/1HTSxIA

Water

How long will it last, and how do we plan?’ California drought foreshadows crisis for rest of West
By Brett French – Billings Gazette
The worst drought in California’s history is a forewarning of problems for the entire West, including Montana and Wyoming.
http://jlne.ws/1tyfrvC

Xylem – Value of Water Index 
Xylem report
Xylem Inc., in partnership with China Water Net, conducted the 2014 Value of Water Index in China in order to gauge awareness, level of concern and understanding of specific issues pertaining to water and water infrastructure in China. 
http://jlne.ws/1B6045f

South Asia’s hydro-politics: Water in them hills 
The Economist
It is a thrill trekking beside the upper Marsyangdi river in northern Nepal. On view are spectacular waterfalls and cliffs, snowy Himalayan peaks, exotic birds and butterflies. But just where tourists and villagers delight in nature, hydropower engineers and economists have long been frustrated; in such torrents they see an opportunity that for too long has been allowed to drain away. 
http://jlne.ws/1vCEKRD

Miscellaneous

Pacific Islands lead largest ever climate fast 
By Sophie Yeo – RTCC (Responding to Climate Change)
Activists around the world have staged the largest fast for the climate so far, as UN negotiations get underway in Lima. An estimated 10,000 people across the globe gave up eating today in an attempt to prompt stronger action on climate change. 
http://jlne.ws/1vLzfik

Social injustice dogs two promising climate solutions 
By Marianne Lavelle – The Daily Climate
Two of the UN climate talks’ biggest greenhouse gas solutions also happen to be two of the negotiators’ most difficult human rights problems.
http://jlne.ws/1B8e66o

George Shultz Defies GOP in Embrace of Climate Adaptation 
By Alex Nussbaum, Mark Chediak and Zain Shauk – Bloomberg
As Ronald Reagan’s secretary of state, George Shultz faced off against Muammar Qaddafi, the Soviet Union and Chinese communists. 
http://jlne.ws/1y8hsnK

 

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