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.
China Joins U.S. Among Biggest Global Warming ‘Offenders’
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.
BP study predicts greenhouse emissions will rise by almost a third in 20 years
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.
World may have to suck gases: UN
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.
HSBC and Aviva back project to identify ‘stranded’ high-carbon assets
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.
Franco-German energy plan to focus on renewables, not mergers
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.
Greece stresses its role as EU’s energy hub
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.
Climate melts off the US mainstream
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.
Webinar: Prospects for a New Carbon Market: Cap-and-Trade Under Clean Air Act Section 111(d)
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
The Microgrid, Distributed Energy, and Renewables: How They Work Together
February 25, 2014
Round Table: California Clean Energy Markets and Policy Strategies
February 28, 2014
Click here for more information and to register.
Navigating the American Carbon World (NACW) 2014
March 26-28, 2014
San Francisco, California
13th Biennial Conference and Trade Fair on Business and Sustainability
March 26-28, 2014
Vancouver, British Columbia
Natural Gas/Coal/Alternative Fuels
Shale gas firms face binding law if they fail ‘scoreboard’ test
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.
Russia: EU should adapt its legislation to the South Stream bilaterals
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).
Clean Energy Support Falls Again to $254 Billion in 2013
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.
California approves $1.13 bln NextEra Blythe solar power plant
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.
SolarCity Plans to Offer Asset-Backed Debt to Retail Investors
SolarCity Corp. (SCTY), the first U.S. company to sell bonds backed by rooftop solar panels, plans to offer similar products to individual investors.
Hanwha SolarOne Plans Venture to Develop Solar Farms in China
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.
RWE Deepens Clean-Power Spending Cuts as Division Shrinks
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.
New cloud computing system can reduce carbon emissions
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.
California Carbon Market Watch: A Comprehensive Analysis of the Golden State’s Cap-and-Trade Program,Year One (January 8, 2014)
Assessing Corporate Emissions Performance Through the Lens of Climate Science (December 2013)
Climate Counts and Center for Sustainable Organizations
Use of internal carbon price by companies as incentive and strategic planning tool (Posted December 11, 2013)
OECD: Effective carbon prices (November 4, 2013)
Global 500 Climate Change Report 2013 (Posted September 12, 2013)
The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance
U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy
Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)