Mon, 2014-10-13 08:00Chris Rose
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New Report: Who Will Pay for the Costs and Damages of Climate Change?

people's climate march, zack embree

Canadian oil and gas companies could be liable for billions of dollars of damages per year for their contribution to climate change caused by toxic greenhouse gas emissions, according to a study published Thursday.

The study looked at five oil and gas companies currently trading on the Toronto Stock Exchange — Encana, Suncor, Canadian Natural Resources, Talisman, and Husky — and found they could presently be incurring a global liability as high as $2.4 billion annually.

Climate change is increasingly discussed not as some far-off threat but in terms of current realities,” said the 62-page study — Payback Time? What the internationalization of climate litigation could mean for Canadian oil and gas companies.

Published by the Canadian Centre for Policy Alternatives and West Coast Environmental Law (WCEL), the study found data showing the global financial cost of private and public property and other damage associated with climate change in 2010 has been estimated at $591 billion, rising to $4.2 trillion in 2030.

Mon, 2014-10-13 00:05Brendan Montague
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Sacked Environment Secretary Attacks Climate Change Act

Sacked environment secretary Owen Paterson will, on Wednesday, demand his government scrap the world-leading Climate Change Act, during a speech before climate denial charity the Global Warming Policy Foundation (GWPF).

Paterson (pictured) was removed from office by David Cameron amid speculation that his climate scepticism would prove hugely unpopular among voters during the 2015 general election, but now seems to be positioning himself with a right-wing challenge to the party leader.

The former cabinet minister will claim that Britain will struggle to “keep the lights on” because of the Tory-led government’s current climate change and environmental policiesdespite the fact that he voted for the Climate Change Act in 2008 and supported the legislation during the entire time he was in office.

Sun, 2014-10-12 06:00Ben Jervey
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Statoil to Drill Canada's First Deepwater Offshore Oil Well After Bailing on Alberta's Tar Sands

Climate campaigners and tar sands blockaders widely celebrated the announcement last month that the Norwegian energy company Statoil was halting plans for a multi-billion dollar tar sands project in Alberta, Canada. The company cited rising costs of labor and materials in Alberta, and also blamed “limited pipeline access” for “squeezing away the Alberta margins a little bit,” a point that anti-Keystone XL activists have taken as a clear sign of victory.

Don’t take your eyes off of Statoil, however. The company is quietly reallocating the estimated $2 billion investment to pursue a massive deepwater offshore project off the east coast of Newfoundland, in harsh, sub-Arctic conditions adjacent to an area drillers refer to as “iceberg alley.”

Sat, 2014-10-11 09:01Justin Mikulka
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Air Quality Concerns Raised By Albany Residents Living Along Oil-By-Rail Tracks

Ezra Prentice apartments

Residents of the Ezra Prentice apartments in Albany, N.Y., have been complaining about air quality issues ever since the oil trains showed up in the Port of Albany two years ago.

And recent testing by the New York State Department of Environmental Conservation (DEC) has confirmed their fears. In 20 out of 21 air samples taken by the department, benzene levels exceeded the long-term benzene exposure standard. Benzene is a known human carcinogen.            

What happened next is puzzling. The department reached a shocking conclusion, relayed to the residents of Ezra Prentice by research scientist Randi Walker at an August meeting: “The bottom line is that we didn't find anything that would be considered a health concern with these concentrations that we measured.”

The finding was so bizarre that David O. Carpenter, the director of the Institute for Health and the Environment at the State University of New York at Albany, wrote a report about it. In that report, Carpenter calls the Department of Environmental Conservation’s conclusion “irresponsible.”

Fri, 2014-10-10 13:49Guest
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Judith Curry is Back Advocating Climate Inaction in the Wall Street Journal

This is a guest post by Climate Nexus.

Judith Curry’s latest op-ed in the Wall Street Journal touts her new study co-authored with Nic Lewis. The takeaway of the piece - that the need for emissions reductions is “less urgent” than policymakers assume – is not even supported by her own study, much less the scientific mainstream. 

Curry provides a highly biased and skewed overview of climate sensitivity studies, which makes sense for publication in the Wall Street Journal. In reality, the IPCC sensitivity estimate remains the most reliable and comprehensive expression of the state of knowledge on the topic, and scientists agree that this sensitivity range implies an urgent need for climate action.

  • Curry’s study doesn’t reveal new information that would affect IPCC estimates.
  • She examines only a small group of studies that agree with her conclusion, while the IPCC took many additional methods and factors into account.
  • Even low climate sensitivities still carry an urgent need to reduce greenhouse gas pollution.
  • Curry has growing ties to denier groups and her consulting business serves fossil fuel companies.

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