emissions

All New Electricity Generating Capacity Added In April Was From Wind And Solar

Renewable energy continues to run the table in the United States. The Federal Energy Regulatory Commission’s Office of Energy Projects has released its latest “Energy Infrastructure Update,” and it shows that all of the new electricity generating capacity brought online during the month of April in the United States was from wind and solar.

Bank Of America, Once The Largest Funder Of US Coal, To Cut Coal Funding Worldwide

At its annual shareholder meeting in Charlotte, North Carolina last week, Bank of America announced that it was officially committed to slashing its financing of coal.

This is a major policy reversal for the bank. Just a few years ago, Bank of America, then the biggest bank in the US, was the largest underwriter of the US coal industry. From 2009 to 2010, for instance, the bank pumped some $4.3 billion into US coal companies, a fifth of all coal financing by the top 25 banks and financial institutions.

Widely-Used Tool Can Lowball Methane Pollution Rates, Scientists Report, With Huge Implications for Climate Policy

An EPA-approved methane sampler widely used to measure gas leaks from oil and gas operations nationwide can dramatically under-report how much methane is leaking into the atmosphere, a team of researchers reported in a peer-reviewed paper published in March.

The researchers, one of whom first designed the underlying technology used by the sampler, warn that results from improperly calibrated machines could severely understate the amount of methane leaking from the country’s oil and gas wells, pipelines, and other infrastructure.

“It could be a big deal,” study co-author Amy Townsend-Small, a geology professor at the University of Cincinnati, told Inside Climate News, adding that it’s not yet clear how often the machine returned bad results, in part because figuring out whether there’s an error would have required using a different kind of device to independently test gas concentrations at the time levels were originally recorded.

'Woe is Us': Oil Industry a Hot Mess After NDP Alberta Victory

While Jim Prentice and his Progressive Conservative cadre lick their wounds after last night’s landslide victory by the New Democratic Party and leader Rachel Notley, punditry about the oil industry’s place in the transformed province is in full force.

Even before the results were in, Canadians were being warned new leadership in Canada’s oilpatch will mean very scary things for the economy: fleeing investors, abandoned projects, market uncertainty.

Now that the victory bells have rung, the hand-wringing has leveled up.

The NDP win is “completely devastating,” for the energy industry, Rafi Tahmazian, fund manager for Canoe Financial LP, told Bloomberg.

The oil patch will pack up and leave,” Licia Corbella, editor of the Calgary Herald’s editorial page, tweeted. “Woe is us.”

Yet many other onlookers are saying fresh leadership in Alberta could bring long-overdue policy changes that not only benefit a broader cross-section of society, but industry itself, by remedying systemic imbalances that have granted an unhealthy amount of power to oil interests for far too long.

Coal Companies Talking Out Both Sides Of Their Mouths When It Comes To Climate Change

Peabody Energy, the largest coal company in the U.S., deployed one of the lawyers on its payroll to Congress last week to argue against the Environmental Protection Agency’s new carbon rule.

This is so common that it normally wouldn’t rate a mention, but in this case it happened to be Obama’s former Harvard law professor Laurence Tribe, who now works for Peabody and is critical of the EPA’s Clean Power Plan, saying it is tantamount to “Burning the Constitution.”

But then, even that ranks pretty low in terms of newsworthiness given that, as a new analysis by Greenwire E&E reporters Corbin Hiar and Manuel Quiñones puts it, “The highest profile practitioner of targeted climate messaging is Peabody Energy Corp.”


The Greenwire analysis shows that many coal companies are, in fact, frequently talking out both sides of their mouths when it comes to climate change, and uses Peabody in particular as a case study of the legal and shareholder risks involved.

Low Oil Prices, High Oilsands Emissions Should Influence Keystone XL Decision: EPA

tar sands, oilsands, kris krug

A letter submitted by the U.S. Environmental Protection Agency (EPA) to the State Department gives new weight to concerns the proposed $8 billion Keystone XL pipeline, destined to carry crude from the Alberta oilsands to export facilities along the Gulf of Mexico, will have significant climate impacts.

The EPA letter suggests existing analyses – which downplay the importance of greenhouse gas emissions associated with the project – are out of date and require revision in light of low global oil prices.

Due to the plummeting of oil prices and related market changes “it is important to revisit [the] conclusions” of previous reports, EPA told the State Department.

Given recent large declines in oil prices and the uncertainty of oil price projections, the additional low prices scenario in the (State report) should be given additional weight during decision making, due to the potential implications of lower oil prices on project impacts, especially greenhouse gas emissions.”

The State Department is due to release a revised analysis of the Keystone XL project and is currently gathering comments from the EPA and other agencies.

Fracking Industry Showdown Preceding Stricter Fugitive Emissions Ordinances In Mansfield, Texas

Sharon Wilson, Earthworks’ Gulf Regional Organizer, described FLIR camera footage she shot of a fracking industry site on January 29 in Mansfield, Texas, as ‘the mother lode of all emissions.”

The issue of fugitive emissions — like those documented by Wilson at Summit Midstream Partners Compressor Station on the 29th — is one of the reasons that the Mansfield City Council is struggling with how to handle a request from another oil and gas company, Edge Resources, to renew an expired permit.

Approving the permit renewal would allow Edge Resources to pursue a large fracking industry development in a growing residential neighborhood not far from the Mansfield Performing Fine Arts Center, where fracking industry sites have already caused problems. A growing group of residents do not believe regulators can protect them from the gas industry.

Watch FLIR video shot by Sharon Wilson on behalf of the Citizen Empowerment Project at the Summit Midstream Partners Compressor Station:

New Report Spotlights Toxic Air Pollution from Oil and Gas Sites in California

A new report from Earthworks shines a light on air pollution, including methane leaks, from oil and gas wells in California, the nation's third largest oil producing state in 2013 – highlighting the ways that potentially toxic gases from the sites raise red flags for the health of those living nearby.

Published Thursday, the report is the first analysis of California's oil and gas air pollution based on infrared video footage combined with air sample testing and revealed toxic gases in the air surrounding oil and gas wells in Kern County and Ventura County. Many of the sites tested were at existing oil and gas wells, including one sample drawn while a well was abandoned. People living near the sites were also surveyed.

“Air sampling revealed the presence of 15 compounds known to have negative effects on human health, as well as 11 compounds for which no health data is available,” the researchers reported.

How Obama’s Campaign For Fast Track Authority On The Trans Pacific Partnership Is At Odds With Efforts To Combat Climate Change

In his State of the Union address earlier this week, President Obama made the case for Congress granting him fast track authority to negotiate free trade deals.

“I’m asking both parties to give me trade promotion authority to protect American workers, with strong new trade deals from Asia to Europe that aren’t just free, but fair.”

Obama is specifically seeking special authority to negotiate the Trans Pacific Partnership (TPP), a so-called free trade agreement his administration is in the midst of negotiating with Canada, Mexico and 10 countries in the Asia-Pacific region like Australia, Japan, Malaysia and Vietnam—countries that, together, constitute 40% of the world’s GDP and 26% of global trade, according to the Washington Post.

Despite opposition from his own party, Obama has been on the stump for “trade promotion authority,” also known as “fast track authority,” which Congress would have to grant, essentially waiving its Constitutional right to give “advice and consent” on any international agreements negotiated by the president

On January 8, several Democrat members of Congress went so far as to join with union leaders and environmental and consumer advocates to hold a press conference on their opposition to fast track authority for the TPP.

In a letter to Congress sent the day after the State of the Union speech, the Sierra Club, the Natural Resources Defense Council and 42 other environmental groups urged the rejection of forthcoming legislation that would grant Obama fast track authority and “enable the president to push through flawed international trade agreements at the expense of the environment, public health, and communities.”

Social Cost Of Carbon Drastically Underestimated: Report

The U.S. government could be drastically underestimating how much climate change is going to cost us, according to a study published by Stanford researchers in the journal Nature Climate Change.

The researchers concluded that the Obama Administration is using a Social Cost of Carbon estimate that may be just one-sixth of the true cost—and that the true cost is high enough to justify aggressive measures for lowering emissions enough to limit global temperature rise to the 2 degrees Celsius that scientists tell us is the threshold for averting catastrophic climate change.

The Social Cost of Carbon is an official estimate of how much economic damage will be caused per metric ton of carbon emitted into our atmosphere—damages like lower crop yields and higher healthcare costs. It is used by the EPA and other federal agencies to calculate the benefits of policies intended to improve energy efficiency, lower emissions, and combat climate change. It is also often used to justify not taking action if the proposed action would cost more than the damage it is intended to mitigate.

The Obama Administration raised its official estimate of the economic cost of a metric ton of CO2 from $21 to $37 in November 2013. Even back then, however, many experts challenged that estimate as far too low.

According to the team at Stanford, that estimate was way too low—they calculate the true Social Cost of Carbon as $220 per metric ton.

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