In this edition, Guardian coverage of BP study predicts greenhouse emissions will rise by almost a third in 20 years. Global greenhouse gas emissions are set to rise by nearly a third in the next two decades, putting hopes of curtailing dangerous climate change beyond reach, the study said. The drastic rise in emissions, despite international efforts to cut carbon, will come despite the predicted enormous growth in the use of shale gas, according to the oil and gas giant. And in a UN report, guess what? The world may have to suck gases. Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for limiting global warming, backed by trillion-dollar shifts towards clean energy.

Quote of the Day:

“The case for shale gas is crumbling. Experts say it won’t lead to cheaper fuel bills, and now BP says it won’t cut carbon emissions either.”

–Tony Bosworth, Friends of the Earth energy campaigner, in The Guardian’s BP study predicts greenhouse emissions will rise by almost a third in 20 years.

Lead Stories

China Joins U.S. Among Biggest Global Warming ‘Offenders’
Bloomberg
China, India and Brazil, three of the largest developing nations, joined the U.S. in a list of the biggest historical contributors to global warming, according to a study by researchers in Canada.
http://jlne.ws/1d6DID3

BP study predicts greenhouse emissions will rise by almost a third in 20 years
Guardian
BP oil rig Alaska Rig in BP oil-field near Prudhoe Bay, Alaska. Research by the energy firm looks at the likelihood of curtailing climate change. Photograph: Worldfoto/Alamy Global greenhouse gas emissions are set to rise by nearly a third in the next two decades, putting hopes of curtailing dangerous climate change beyond reach, a new report by BP has found. The drastic rise in emissions, despite international efforts to cut carbon, will come despite the predicted enormous growth in the use of shale gas, according to the oil and gas giant.
http://jlne.ws/1m7cW28

World may have to suck gases: UN
Reuters
Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for limiting global warming, backed by trillion-dollar shifts towards clean energy, a draft UN report showed overnight.
http://jlne.ws/1a8mmYw

HSBC and Aviva back project to identify ‘stranded’ high-carbon assets
BusinessGreen
One of the UK’s leading universities will today launch a new research programme aiming to help investors identify assets that could be left “stranded” by climate change, declining resources and the emergence of new green technologies. Backed by HSBC, Aviva, WWF-UK and Climate Change Capital, the four-year University of Oxford research programme is attempting to flag up high-carbon sectors and assets that could be dramatically devalued or written off by the continuing shift towards a greener economy.
http://jlne.ws/YPRrG3

Franco-German energy plan to focus on renewables, not mergers
Reuters
French President Francois Hollande’s surprise announcement of a Franco-German energy joint venture did not target major utilities but renewable energy and electricity networks, his aides said on Wednesday.
http://jlne.ws/1d864sZ

Greece stresses its role as EU’s energy hub
EurActiv.com
Greece, holding the rotating presidency of the EU until June, said it would promote the enhancement of energy security in the 28-country bloc and fully support the European Commission’s approach to Russian energy giant Gazprom.
http://jlne.ws/1kCPjA7

Climate melts off the US mainstream
Climate Spectator
Coverage of climate change has dropped a staggering 40 per cent at global paper of record The New York Times and is falling and flatlining elsewhere in the US media.
http://jlne.ws/1aqaqPI

Events

Webinar: Prospects for a New Carbon Market: Cap-and-Trade Under Clean Air Act Section 111(d)
EMA
January 29, 2014
Click here for more information and to register.

Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA
climateleadershipconference.org/

The Microgrid, Distributed Energy, and Renewables: How They Work Together
February 25, 2014
New York
http://jlne.ws/1hTnxNR

Round Table: California Clean Energy Markets and Policy Strategies
EMA
February 28, 2014
San Francisco,CA
Click here for more information and to register.

Navigating the American Carbon World (NACW) 2014
March 26-28, 2014
San Francisco, California
www.nacw2014.org

GLOBE 2014
13th Biennial Conference and Trade Fair on Business and Sustainability
March 26-28, 2014
Vancouver, British Columbia
http://jlne.ws/1cAETLI

Natural Gas/Coal/Alternative Fuels

Shale gas firms face binding law if they fail ‘scoreboard’ test
EurActiv.com
European countries allowing shale gas drills will have to publish a ‘scoreboard’ showing compliance with ‘best environmental practices’ which could become legally-binding within 18 months, under new EU rules seen by EurActiv.
http://jlne.ws/1b4mJOy

Russia: EU should adapt its legislation to the South Stream bilaterals
EurActiv.com
The European Commission should adapt its internal legislation to the bilateral agreements Russia signed with six EU countries for building the South Stream pipeline, and not the other way around, Russian Ambassador to the EU Vladimir Chizhov said on Monday (13 January).
http://jlne.ws/1d86Sht

Power

Clean Energy Support Falls Again to $254 Billion in 2013
Bloomberg
The decline in investment in renewable energy accelerated in 2013 as the cost of solar panels and wind farms fell, unsettling investor confidence in alternatives to fossil fuels.
http://jlne.ws/1dRAroA

California approves $1.13 bln NextEra Blythe solar power plant
Reuters
California energy regulators said on Wednesday they have approved NextEra Energy Inc’s plan to use a different solar technology at its proposed $1.13 billion Blythe solar power plant, moving the 485-megawatt project a step closer to construction.
http://jlne.ws/1d7coEw

SolarCity Plans to Offer Asset-Backed Debt to Retail Investors
Bloomberg
SolarCity Corp. (SCTY), the first U.S. company to sell bonds backed by rooftop solar panels, plans to offer similar products to individual investors.
http://jlne.ws/1m7ZOHb

Hanwha SolarOne Plans Venture to Develop Solar Farms in China
Bloomberg
Hanwha SolarOne (HSOL) Co., the photovoltaic manufacturing unit of South Korea’s Hanwha Group, plans to set up a venture with Shanghai HuiTianRan Investment Holding Group to develop solar projects in China.
http://jlne.ws/1m4az05

RWE Deepens Clean-Power Spending Cuts as Division Shrinks
Bloomberg
RWE AG (RWE), the German utility expecting a slump in profit this year, plans to reduce renewable-power investments as it changes the focus of its clean-energy unit.
http://jlne.ws/1d6DZWm

CleanTech

New cloud computing system can reduce carbon emissions
Phys.org
Computer scientists at Trinity College Dublin and IBM Dublin have made a significant advance that will allow companies to reduce associated greenhouse gas emissions, drive down costs, and minimise network delays depending on their wishes.
http://jlne.ws/1m7O3U4

Reports

California Carbon Market Watch: A Comprehensive Analysis of the Golden State’s Cap-and-Trade Program,Year One (January 8, 2014)
EDF
http://jlne.ws/1agCk0M

Assessing Corporate Emissions Performance Through the Lens of Climate Science (December 2013)
Climate Counts and Center for Sustainable Organizations
http://jlne.ws/1kZFzuA

Use of internal carbon price by companies as incentive and strategic planning tool (Posted December 11, 2013)
CDP
http://jlne.ws/1dspD1J

OECD: Effective carbon prices (November 4, 2013)
http://jlne.ws/176gahP

Global 500 Climate Change Report 2013 (Posted September 12, 2013)
CDP
http://bit.ly/16mBo8p

The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance
http://bit.ly/14Bk1k2

U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy
http://bit.ly/12z1YK5

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank
http://bit.ly/14KrLza

View all reports >

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