Saturday, September 26, 2020
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Tag: North America

20.09.07~20.09.13 California’s climate crisis is deepening as 500,000 go dark

In a matter of weeks, California has been hit with two record-breaking heat waves, hundreds of blazes, freak lightning storms and dangerously poor air quality, and now unusually strong winds are threatening to knock down power lines and ignite more wildfires.That’s prompting the state’s largest utility to impose power cuts for more than 500,000 people, and with...

Occidental-backed company will build new U.S. CO2 removal plant (20.08.17~20.08.23)

… (Reuters) - A new venture backed by U.S. oil and gas producer Occidental Petroleum Corp will develop the largest ever facility to pull carbon dioxide out of the atmosphere through a process known as direct air capture, the companies said on Wednesday.Occidental’s venture capital arm, Oxy Low Carbon Ventures LLC, has formed a...

Climate experts call for ‘dangerous’ Michael Moore film to be taken down (20.04.20 ~ 20.05.03)

… A new Michael Moore-produced documentary that takes aim at the supposed hypocrisy of the green movement is “dangerous, misleading and destructive” and should be removed from public viewing, according to an assortment of climate scientists and environmental campaigners. The film, Planet of the Humans, was released on the eve...

Trump’s Next Chief of Staff Is Open to Doing More on Climate (20.03.09 ~ 20.03.15)

... In selecting Rep. Mark Meadows of North Carolina to serve as his next chief of staff, President Trump is bringing into the White House a Republican lawmaker who has raised concerns about climate change and expressed a desire to do something about it. ... Kelly, a retired...

Climate Change Rises as a Public Priority. But It’s More Partisan Than Ever. (20.02.17 ~ 20.02.23)

... Protecting the environment and tackling climate change have climbed up the list of Americans’ political priorities this year as economic concerns have faded, according to a new report from Pew Research Center. ...

Climate strikes, environmental protests in January 2020 (20.01.27 ~ 20.02.02)

Jan. 3: - The first climate strike of 2020 was led by the Fridays for Future movement, taking place across the globe from Uganda to Australia, with students not attending school for one day a week to raise awareness on the effects of climate change. Jan. 6: -...

Goldman Sachs Unveils $750 Billion Climate Plan For Investing in Solutions, and Vows Never to Support Arctic Drilling (20.01.13 ~ 20.01.19)

... David Solomon, chief executive of Goldman Sachs, recently wrote an editorial in the Financial Times in which he laid out the premise behind a $750 billon plan for a decade of investing, financing, and advisory activity that will exclusively cover nine climate-critical areas such as renewable energy, sustainable agriculture, and carbon reductions.

MSCI to acquire Carbon Delta

Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and...

Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.

Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles. Outside the United States, however, oil markets remained tense as exemptions to U.S. sanctions on Iran expired, a political crisis in Venezuela escalates, and as producer club OPEC keeps withholding supply.... An excerpt from Reuters

Members of the European Parliament urge California to exclude REDD from its cap and trade scheme: “Adopting the Tropical Forest Standard would water down climate ambition in California, the...

Last week, six Members of the European Parliament wrote to the California Air Resources Board urging the ARB to reject the proposed California Tropical Forest Standard. In November 2018, the ARB held a public meeting about the proposed Tropical Forest Standard. But the Board failed to reach a decision at that meeting. The EU has never allowed forest credits in...

DOE’s Walker: ‘Nobody I know is looking at subsidizing coal’

Despite its past efforts to financially support "fuel-secure" generating resources, the US Department of Energy is not considering adopting policies that would specifically prop up uneconomic coal-fired power plants, the agency's Assistant Secretary Bruce Walker said Monday.... An excerpt from S&P Global

Oil steadies after Trump presses OPEC to offset Iran sanctions

Oil prices steadied on Monday, after a weeks-long rally was halted on Friday when the market tumbled after U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.... An excerpt from Reuters

Wolf says regional cap-and trade plan needs ‘serious’ look

Governor Tom Wolf said Monday he wants to take a serious look at Pennsylvania joining a consortium of states that sets caps on greenhouse gas emissions from power plants. The Democrat's comments came at a news conference touting his administration's efforts to fight climate change and set targets to slash Pennsylvania's future greenhouse gas emissions. Wolf's administration has previously issued a...

CDFA and Air Resources Board launch public-private partnership to advance carbon farming

SACRAMENTO – The California Department of Food and Agriculture and the California Air Resources Board are announcing the launch of a public-private initiative to advance climate smart agriculture and reduce greenhouse gas emissions on agricultural lands. This partnership will create a mechanism for leading businesses in the food and fiber supply chain to directly fund climate projects on California...

California signs up for China’s Belt and Road Forum to help in fight against climate change

California’s Lieutenant Governor Eleni Kounalakis said she was attending the event primarily to “talk about climate change and urge participants to prioritise the issue, and consider how the ‘Belt and Road Initiative’ can drive positive action for this global threat”. But Kounalakis, who spoke at a forum on subnational cooperation in fighting global warming, praised China’s plans to introduce a...

California defends decision to maintain post-2020 ETS caps as it confirms surplus volume

California regulator ARB defended its decision to maintain the current emissions cap trajectory of its WCI-linked ETS to 2030, despite confirming that there were more than 218 million surplus compliance units at the end of the market’s second compliance period, according to a letter sent to legislators Tuesday.... An excerpt from Carbon Pulse

Californian insurance commissioner refuses to mandate climate risk disclosures

The California Department of Insurance currently requires the disclosure of fossil fuel-related investments by companies writing more than $100m in premiums. However, this excludes half of the insurance companies in California, and the department has not required insurers to disclose fossil fuel underwriting or to divest from the sector.... An excerpt from The Actuary

Virginia completes rule to allow trading with RGGI

Virginia air regulators have finalized a regulation that imposes a declining cap on carbon emissions from the state's utilities and is intended to allow trading with the Regional Greenhouse Gas Initiative (RGGI) cap-and-trade program in the Northeast and Mid-Atlantic. However, Gov. Ralph Northam (D) is facing pressure to issue a line-item veto of a GOP-authored provision in the state...

NHL to purchase carbon offsets to counter playoff air travel

The National Hockey League said on Monday it would purchase carbon credits to offset airline emissions of heat-trapping greenhouse gases during the Stanley Cup playoffs. For the first round of the playoffs, which has the highest number of teams traveling and is currently underway, the NHL will offset more than 465 metric tons of carbon emissions, equivalent to taking 99...

How Bird is working to make its scooters a truly sustainable transportation option

The scooter company Bird wants to make urban transportation more sustainable by replacing short car trips in cities. But this goal is made more difficult because the company has its own sustainability challenges: the pollution from trips taken to collect the electric scooters so that they can be charged, the power used for charging, and the short life of...

Nevada Passes Bill to Double Renewable Standard, Aim for Carbon-Free Electricity by 2050

Nevada State lawmakers unanimously approved legislation on April 19 to boost the state’s renewable portfolio standard to 50 percent by 2030, and set a goal for achieving 100 percent of the state’s electricity from carbon-free resources by 2050. The existing target calls for the state to get 25 percent of supplies from renewables by 2025. The bill now moves...

Porsche announces carbon-offset programs for U.S.

All of the company's U.S. fleets will now be carbon-neutral, and a program called Porsche Impact will give customers a chance to offset their carbon emissions. Announced on Earth Day, Porsche will include all cars — about 425 of them — from its Los Angeles and Atlanta Porsche Experience Centers in its carbon-offset programs. Vehicles from the Porsche Passport subscription...

New York City Passes Bold Bill to Slash Buildings’ Climate Impact

Today, New York City (NYC) Mayor Bill de Blasio is expected to sign the Climate Mobilization Act, a six-bill package that many are saying is the largest legislative mandate to cut climate pollution by any city in the world.... An excerpt from IMT

Trump to Escalate Iran Feud by Ending Waivers; Oil Prices Climb

The Trump administration said it won’t renew waivers that let countries buy Iranian oil without facing U.S. sanctions, a move that roiled energy markets and risks upsetting major importers such as China and India. ... An excerpt from Bloomberg

Landowners are earning millions for carbon cuts that may not occur

Under a California program aimed at curbing climate pollution, landowners across the US have received hundreds of millions of dollars for promised carbon dioxide reductions that may not occur. The state has issued carbon offset credits to projects that may overstate their emissions reductions by 80 million tons of carbon dioxide, a third of the total cuts that the state’s...

Ontario emissions declined during first year of now-defunct ETS, data shows

All three of Ontario’s largest emitting sectors saw their GHG output drop during the first year of the Canadian province’s now-cancelled cap-and-trade programme, according to government data....An excerpt from Carbon Pulse

Nova Scotia ETS kicks off as first allowances distributed

"Nova Scotia allocated its first cap-and-trade permits on Monday following the start of its ETS on Jan. 1, though several design elements of the Canadian province’s programme are still to be determined over the coming year.... An excerpt from Carbon Pulse"

Canada’s emissions target gets further away as 2017 report shows increase

The latest national inventory report on emissions, filed this week with the United Nations climate change secretariat, showed 716 million tonnes of greenhouse gases were produced in Canada in 2017, an increase of eight million tonnes from 2016.Canada's existing climate change action plan, which includes the carbon tax and subsidies to spur electric vehicle purchases, only gets Canada about...

Feds could tell you when to drive if carbon price law stands, court told

The law is so broad, a lawyer for the province said on Day 1 of a four-day Appeal Court hearing, that it would give the Ottawa powers that would destabilize Canada in the name of curbing the cumulative effects of global-warming emissions.“They could regulate where you live, how often you drive your car,” Josh Hunter told the five-justice panel....

U.S. EPA chief defends big energy projects, says climate not top priority

The U.S. Environmental Protection Agency will unveil a proposal to speed state-level permitting decisions for energy infrastructure projects soon, the agency’s chief told Reuters on Thursday, blasting states that have blocked coal terminals and gas pipelines on environmental grounds.Based on Trump’s orders, Wheeler’s EPA has been tasked with clarifying a section of the U.S. Clean Water Act that has...