Tag Archives: bankruptcy

Weekly News Check-In 4/17/20

WNCI-3

Welcome back.

We kick off with a note acknowledging that the relentless drive to build pipelines hasn’t yielded to a mere pandemic. The Keystone XL is pushing south into Montana with an initial work crew of 100 – many more to come.

Our climate section leads with a remembrance from Drilled News of notorious climate change denier Fred Singer, who passed away at 95. During his long career he spun layers of falsehoods and confusion in service of the planet’s biggest polluters.

Because improving the energy efficiency of buildings is critical to achieving necessary emissions reductions, it’s notable that the Massachusetts Board of Building Regulation and Standards (BBRS) appears skeptical of building design experts – apparently favoring developers who prefer existing methods and performance levels. We offer an excellent CommonWealth Magazine article to explain the headwinds faced by the net-zero building code campaign.

The pandemic highlights a multitude of fractures in American society. Clean energy development may offer a rare opportunity to lift people up from under-served and vulnerable communities. The economic potential is huge for post-pandemic recovery. We found a hopeful vision of how benefits might be broadly shared.

Now that the Trump administration has gutted vehicle emissions requirements, clean transportation may still be saved by California’s Zero Emission Vehicle (ZEV) standards, combined with the likelihood that a future administration will put transportation sector decarbonization back on track.

The Environmental Protection Agency has been busy under Administrator Andrew Wheeler – continuing its planetary assault while a raging pandemic diverts public attention. In a particularly elegant bit of regulatory jujitsu, the agency rewrote a mercury pollution rule by leaving current standards in place but changing “how their benefits are calculated so that the economic cost takes precedence over public health gains.” This subtle language has significant implications for many classes of pollutants and their future environmental impact.

Our fossil fuel industry section is particularly interesting. We found the usual press coverage of its precarious financial condition – already on the edge of insolvency even before the Saudi-Russian price war and sudden economic shutdown. Now there are emerging calls for a federal government takeover. And why not? The whole industry is in crisis, and a bargain at current share prices. If it were under federal control, a climate-minded administration could manage the phase-out and transition to a carbon-free future. It’s arguably a good investment, considering the massive costs associated with alternative, business-as-usual or go-slow climate scenarios.

We close on a  related topic. The pandemic and global economic crash have dealt a serious blow to expansion plans for the liquefied natural gas market. Australia is feeling that now, with LNG exports facing an uncertain future down under.

— The NFGiM Team

PIPELINES

Keystone corona style
Construction Begins on Keystone XL Pipeline in Montana
By Jordan Davidson, EcoWatch
April 07, 2020

Despite the ongoing coronavirus pandemic, which has restricted the ability to gather in peaceful assembly, a Canadian company has moved forward with construction of the controversial Keystone XL pipeline, according to the AP.

As EcoWatch reported, last week Canada-based TC Energy said it would start construction despite the climate impacts of the pipeline and the concerns about transporting construction crews during the coronavirus outbreak.

The construction that began yesterday involved around 100 workers in a remote border crossing between Montana and Canada, which is home to cattle ranches and wheat fields, according to a spokesperson from TC Energy, as the AP reported. The number of people involved in the construction is supposed to grow into the thousands as construction advances.
» Read article     

» More about pipelines    

CLIMATE

ding dong FSFred Singer Has Passed. He Took Pleasure In Bullying Scientists. May He Rest.
­Why speak well of the late climate denier Fred Singer, who spent over half a century attacking credible science and scientists?
By Paul Thacker, Drilled News
April 16, 2020

A chief talent of Fred Singer, the world-famous climate denier who died on April 6 at 95, was bullying scientists whose work he could never match, and whose findings threatened the bottom lines of his corporate polluter clients.

Singer was a physicist, whose most notable scientific work involved contributions to planetary science, as well as early satellite and rocket technologies. But beginning in the 1950s, and for a half-century thereafter, Singer offered up to the media his takes on the shortcomings of other sciences and scientists, especially those studying the impacts of toxic chemicals, air pollution, and smoking on the environment or public health. Singer’s opinion pieces appeared in newspapers all across the country, and he relished providing that perfect contrarian quote to a reporter on deadline who needed to “balance” a story about environmental regulations.

Singer seemed to take special pleasure in discrediting scientists who investigated the ways that human activity threatens public health and the safety of our planet, the sort of research that informs regulations to solve problems ranging from acid rain’s toll on forests to DDT’s impacts on wildlife, as well as — of course — the effects of climate change on us all.
» Read article     

cooperate and commit
Strengthen worldwide climate commitments to improve economy, study finds
Global economy could lose out by $600tn by end of century on current emissions targets
By Fiona Harvey, The Guardian
April 14, 2020

Every country in the world would be economically better off if all could agree to strengthen their commitments on the climate crisis through international cooperation, new research has found.

But if countries go no further than their current CO2 pledges – which are too weak to meet the goals of the Paris agreement, and would lead to dangerous levels of global heating – then they face steep economic losses.

The global economy would lose out by as much as $600tn (£476tn) by the end of the century, on current emissions targets, compared with its likely growth if countries meet the Paris goals, according to a paper published in the journal Nature Communications.
» Read article     
» Download the study       

credibility gap
To advise on green stimulus, the IEA needs to upgrade its own climate toolbox
By Kelly Trout, Oil Change International / Blog Post
April 9, 2020

Oil Change International (OCI) has tracked how the IEA has historically hindered the bold climate ambition we need by normalizing and promoting fossil fuel-friendly scenarios and investments. In this post, we delve deeper into key shortcomings the IEA needs to correct in its own modelling toolbox in order to credibly advise governments on crafting ambitious, climate-proof economic recovery plans.
» Read article     

» More about climate    

ENERGY EFFICIENCY

BBRS and Net Zero
Cracking the climate code
Battle raging over building energy standards
By Andy Metzger, CommonWealth Magazine
December 8, 2019

AN ARCANE STATE BOARD, known to few outside the world of design and construction, is the setting of a furious clash the outcome of which could influence the amount of climate-curdling emissions that pour out of chimneys, as well as the future supply of housing in Massachusetts, where affordable homes are already scarce.

The Board of Building Regulation and Standards might seem an odd venue for the drama that has unfolded there. The BBRS adopts and administers the statewide building code and the building energy code, sets of rules that are important but would bore the average reader to tears. It is the domain of professionals who think in cubic feet, seismic loads, and kilowatt hours. Now, the problems of the world are before it.
» Read article     

» More about energy efficiency      

CLEAN ENERGY

get it right
Advocates call for methodical approach to make sure offshore wind benefits all
Low-income populations and people of color were largely left out of Massachusetts’ biotechnology and cannabis booms.
By Sarah Shemkus, Energy News Network
Photo by Wind Denmark / Flickr / Creative Commons
April 13, 2020

With offshore wind expected to add as much as $100 billion to the economy along the East Coast over the next 30 years, activists and business leaders in Massachusetts are urging the state to take steps ensuring that low-income populations and people of color are able to share in the benefits of the burgeoning industry.

“There will be a lot of economic opportunity and jobs,” said Elizabeth Henry, executive director of the Environmental League of Massachusetts. “Think about what even just a fraction of that could do for communities that have been persistently left behind — it’s really exciting.”
» Read article     

» More about clean energy        

CLEAN TRANSPORTATION

impact on EVs
Trump’s new fuel-efficiency rule: The devil is in the details for electric cars
By Bradley Berman, Electrek
April 10, 2020

It’s well known that on March 31, the Trump administration gutted fuel-economy and greenhouse gas rules for model years 2021 to 2026. But what does it mean specifically for electric vehicles? Environmental law firm Beveridge & Diamond broke down the new rule, shedding light on provisions for EVs.

Beveridge & Diamond warns that automakers who immediately start disregarding California ZEV standards “do so at their own risk.” The lawsuits are only beginning, and if the administration changes next year, it will likely invalidate the rules.
» Read article     

» More about clean transportation    

EPA

change in calculations
Trump’s EPA Weakens Justification for Life-Saving Mercury Pollution Rule
By Olivia Rosane, EcoWatch
April 17, 2020

As many Americans fight for their lives in the midst of a respiratory pandemic, the Trump administration Thursday axed the justification for a mercury pollution rule that saves more than 10,000 lives and prevents as many as 130,000 asthma attacks each year.

The new rollback leaves mercury emission standards in place for now, but changes how their benefits are calculated so that the economic cost takes precedence over public health gains, The New York Times reported. The move provides a legal opening to challenge other pollution controls even as evidence suggests that exposure to air pollution might increase one’s chances of dying from the new coronavirus.

“This is an absolute abomination,” former Environmental Protection Agency (EPA) head under Obama and Natural Resources Defense Council (NRDC) president Gina McCarthy said in a statement. “This final rule will increase the risk of more kids with asthma and brain damage, and more people with cancer. Undermining these vital safeguards now also directly threatens the people hardest hit by the COVID-19 pandemic, making it even harder to breathe and putting people with respiratory illnesses at even higher risk.”
» Read article    

quicksilver play by EPA
E.P.A. Weakens Controls on Mercury
The agency is changing the way it calculates the benefits of mercury controls, a move that would effectively loosen the rules on other toxic pollutants.
By Lisa Friedman and Coral Davenport, New York Times
April 16, 2020

WASHINGTON — The Trump administration on Thursday weakened regulations on the release of mercury and other toxic metals from oil and coal-fired power plants, another step toward rolling back health protections in the middle of a pandemic.

The new Environmental Protection Agency rule does not eliminate restrictions on the release of mercury, a heavy metal linked to brain damage. Instead, it creates a new method of calculating the costs and benefits of curbing mercury pollution that environmental lawyers said would fundamentally undermine the legal underpinnings of controls on mercury and many other pollutants.

By reducing the positive health effects of regulations on paper and raising their economic costs, the new method could be used to justify loosening restrictions on any pollutant that the fossil fuel industry has deemed too costly to control.

“That is the big unstated goal,” said David Konisky, a professor of public and environmental affairs at Indiana University. “This is less about mercury than about potentially constraining or handcuffing future efforts by the E.P.A. to regulate air pollution.”
» Read article     

science schmience
Ignoring Scientists’ Advice, Trump’s EPA Rejects Stricter Air Quality Standard
The decision flies in the face of large-scale studies that indicated tightening the standard would save tens of thousands of lives.
By Marianne Lavelle, InsideClimate News
April 15, 2020

Sweeping aside a broad body of evidence that air pollution is killing as many as 52,100 Americans prematurely each year, the Trump administration on Tuesday rejected government scientists’ recommendation that it strengthen the national air quality standard for fine soot.

The proposal to maintain the current standard for PM 2.5—microscopic particles known as fine particulate matter—in the face of alarming new science documenting its potentially deadly health effects, is a win for the fossil fuel industry. It comes amid a frenzy of major decision-making at the Environmental Protection Agency that critics say is designed to secure the Trump administration’s pro-industry legacy in the face of an uncertain future.

The Trump EPA has raced to loosen or reject a slew of clean air protections, even as the nation has been brought to a virtual standstill by a highly contagious virus that can produce serious or even fatal respiratory symptoms. In the last month, the Trump EPA has weakened fuel economy standards, advanced a proposal to discount the findings of scientific studies on health in rulemaking and announced a blanket suspension of the enforcement of environmental laws.

The decision to maintain the status quo on PM 2.5 was especially striking in the context of the pandemic, and came just days after Harvard researchers released preliminary results of a study showing that U.S. counties with high PM 2.5 levels have higher coronavirus death rates.
» Read article     

fine particles - EPA
Trump administration declines to stiffen US clean air standards
EPA chief Wheeler says current soot regulations are adequate despite research that shows stricter rules could save thousands of lives
By Emily Holden, The Guardian
April 14, 2020

The Trump administration has said it will not tighten rules for soot pollution, despite research showing that doing so could save thousands of lives each year.

The fine particles, which come from the burning of coal, oil and wood, penetrate the respiratory system and are linked with heart and lung diseases, higher rates of asthma, bronchitis and cancer.

Under the current standard, which was set in 2012, polluters can emit enough soot to measure 12 micrograms per cubic meter. Strengthening the standards to 11 micrograms could save about 12,000 lives per year, according to one Harvard study of US seniors.

Other research, noted in the government’s own analysis, found that maintaining the soot standard at its current level could allow as many as 52,000 deaths a year in just 47 urban areas.
 » Read article     

evidence
‘Unbelievable’ Timing: As Coronavirus Rages, Trump Disregards Advice to Tighten Clean Air Rules
By Coral Davenport, New York Times
April 14, 2020

WASHINGTON — Disregarding an emerging scientific link between dirty air and Covid-19 death rates, the Trump administration declined on Tuesday to tighten a regulation on industrial soot emissions that came up for review ahead of the coronavirus pandemic.

Andrew R. Wheeler, the head of the Environmental Protection Agency, said his agency will not impose stricter controls on the tiny, lung-damaging industrial particles, known as PM 2.5, a regulatory action that has been in the works for months. The scientific evidence, he said, was insufficient to merit tightening the current emissions standard.
» Read article     

» More about the EPA        

FOSSIL FUEL INDUSTRY

CARES Act oil bailout
Fed’s Corporate Debt-Buying Could Mean Billion-Dollar Big Oil Bailout
By Jessica Corbett, Common Dreams in EcoWatch
April 16, 2020

As calls for a People’s Bailout in response to the coronavirus pandemic continue to grow across the United States, a new analysis warns that the country’s Big Oil companies “stand to reap yet another billion dollar bailout” thanks to the Federal Reserve’s plans to buy up to $750 billion in corporate debt.

The analysis (pdf), released Wednesday by the advocacy group Friends of the Earth (FOE), explains that this expected bailout for polluters relates to a controversial $500 billion corporate slush fund included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that Congress passed in March.
» Read article     
» Read FOE analysis         

the case for public ownership
Discussion Paper: The Case for Public Ownership of the Fossil Fuel Industry
By Collin Rees, Oil Change International
April 14, 2020

The U.S. fossil fuel industry continues to seek bailouts during the COVID-19 crisis, as global oil demand craters and crude oil floods an already oversupplied market.

During this crisis, the U.S. government should assert long-term ownership and control over fossil fuel companies to safeguard long-term economic security for workers, avoid taxpayer-funded windfalls for fossil fuel executives, restore communities exploited by fossil fuel corporations, save taxpayer dollars, and ensure an eventual managed phase-out of coal, oil, and gas production.

Bailing out the oil, gas, and coal industries with no strings attached would return our economy to a precarious status quo in which the fossil fuel industry’s volatile and environmentally destructive business model worsens our economic and environmental crises. It would allow a handful of executives and wealthy shareholders to continue to extract the vast majority of profits, while taxpayers, workers, and exploited communities shoulder the burden of corporate and social risks and externalities.
» Read overview    
» Download discussion paper
» Read related press release        

late 80s bad
Big Banks Pull Financing, Prepare To Seize Assets From Collapsing Oil and Gas Industry
By Justin Mikulka, DeSmog Blog
April 13, 2020

While banks seizing assets from borrowers who can’t repay loans is common for industries like real estate — especially residential real estate — it is an unusual move for the oil and gas industry. Reuters reported that the last time it happened was during the oil price crash of the late 1980s. In the most recent oil price crash, when oil dropped from prices over $100 a barrel to $40 a barrel, there was a rash of bankruptcies, but the banks did not seize assets.

One difference now is that shale oil companies have continued to increase debt — thanks to loans from the banks — to the point where most of these companies are not viable with low oil prices. As one industry observer recently noted in the New York Times, “This is late ’80s bad.”

One new angle that didn’t exist in the 1980s is a dramatic change in sentiment from parts of the investment community about the viability of the oil industry as an investment. Television investment advisor Jim Cramer of CNBC was saying oil stocks were in the “death knell phase” in January, before oil prices crashed to the current lows and the coronavirus had crushed global oil demand.

More recently, in a remarkable opinion piece for Seeking Alpha, Kirk Spano advised investors to get out of the industry now with a unique twist on why this was urgent.

“We are about to see a massive wave of shale oil bankruptcies by thieving executives who have borrowed against assets and paid themselves bonuses for years without regard to shareholder value.”

While DeSmog has commented on issues of potential industry fraud and executives paying themselves while the companies they ran lost money, it is a decided shift in sentiment when sites like SeekingAlpha are calling for investors to get out and then “sue the dirt out of the executives who have almost all broken fiduciary duties.”

Which is why banks are now considering seizing the assets of the failed oil  companies — it is a bad option for the banks but it is the best one left.
» Read article     

cuts are complicated
Oil Nations, Prodded by Trump, Reach Deal to Slash Production
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.
By Clifford Krauss, New York Times
April 12, 2020

HOUSTON — Oil-producing nations on Sunday agreed to the largest production cut ever negotiated, in an unprecedented coordinated effort by Russia, Saudi Arabia and the United States to stabilize oil prices and, indirectly, global financial markets.

Saudi Arabia and Russia typically take the lead in setting global production goals. But President Trump, facing a re-election campaign, a plunging economy and American oil companies struggling with collapsing prices, took the unusual step of getting involved after the two countries entered a price war a month ago. Mr. Trump had made an agreement a key priority.

It was unclear, however, whether the cuts would be enough to bolster prices. Before the coronavirus crisis, 100 million barrels of oil each day fueled global commerce, but demand is down about 35 percent. While significant, the cuts agreed to on Sunday still fall far short of what is needed to bring oil production in line with demand.
» Read article     

wink and nod
Coronavirus May Kill Our Fracking Fever Dream
America’s energy independence was an illusion created by cheap debt. All that’s left to tally is the damage.
By Bethany McLean, New York Times Opinion
April 10, 2020

Ever since the oil shocks of the 1970s, the idea of energy independence, which in its grandest incarnation meant freedom from the world’s oil-rich trouble spots, has been a dream for Democrats and Republicans alike. It once seemed utterly unattainable — until the advent of fracking, which unleashed a torrent of oil.

In reality, the dream was always an illusion, and its collapse was already underway. That’s because oil fracking has never been financially viable. America’s energy independence was built on an industry that is the very definition of dependent — dependent on investors to keeping pouring billions upon billions in capital into money-losing companies to fund their drilling. Investors were willing to do this only as long as oil prices, which are not under America’s control, were high — and when they believed that one day, profits would materialize.

Even before the coronavirus crisis, the spigot was drying up. Now, it has been shut off.
» Read article     
Ms. McLean is the author of “Saudi America: The Truth About Fracking and How It’s Changing the World.”

climate deception
Baltimore, Rhode Island Argue They’re Suing Fossil Fuel Companies Over Climate Deception
By Dana Drugmand, DeSmog Blog
April 10, 2020

At a time when fossil fuel companies are using a public health crisis to demand financial and regulatory support, the governments of Baltimore and Rhode Island are calling out a “decades-long campaign of deception” by these companies in urging courts to advance lawsuits trying to hold polluters responsible for climate damages.

Over a dozen of these climate liability lawsuits are currently pending, brought by cities, counties, one state, and one trade association seeking payments to help cover climate change-related costs. The lawsuits target major fossil fuel companies like ExxonMobil, Chevron, and BP, alleging they deliberately deceived the public and policymakers on the dangers of fossil fuels.
» Read article     

» More about fossil fuels        

LNG

LNG hits pause down under
Australia’s booming LNG industry stalls after fall in oil prices amid coronavirus
More than $80bn of investment decisions are delayed due to a collapsed oil price and a geopolitical price war
By Adam Morton, The Guardian
April 12, 2020

The extraordinary growth in Australia’s liquefied natural gas (LNG) industry, the main cause of recent rises in national greenhouse gas emissions, has stalled indefinitely, with decisions on more than $80bn of investments delayed due to a collapsed oil price sunk by coronavirus and a geopolitical price war.

The price of Brent crude oil is less than half what it was in early January, having fallen again on Friday despite the Opec oil cartel and its allies reaching a supply deal to stop Saudi Arabia and Russia flooding the world with more oil than it can use. The Asian spot price for LNG, which is linked to the oil benchmark, is down about two-thirds in six months.

The unprecedented crash had already prompted oil and gas giants to defer investment decisions on projects including Woodside’s massive Burrup Hub expansion off the Western Australian coast and Santos’ $7bn Barossa project 300km north of Darwin. A decision on the first parts of the Burrup Hub expansion, including a $17bn development of the Scarborough gas field, has been pushed to 2021.
» Read article     

» More about LNG         

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Weekly News Check-In 3/6/20

WNCI-5

Welcome back.

Pipeline litigation is before the US Supreme Court. The case concerns whether the US Forest Service has authority to allow the Atlantic Coast Pipeline to cross the Appalachian Trail – but the implications are much broader.

We offer two more articles on plans for the troubled Columbia Gas to sell its Massachusetts business to Eversource.

In climate news, we found a report on the expanding practice of cloud seeding to increase snowfall in mountains where snow pack serves both the ski industry and also provides a critical water source for downslope communities. Also, a recently discovered peat bog in central Africa could release massive amounts of carbon to the atmosphere if oil development is allowed to proceed.

The US Energy Information Agency released information on the growth of renewable energy. Wind and solar are coming on strong, but there’s a long way to go. A niche market for high temperature industrial processes and some transportation applications could provide an opportunity for renewable hydrogen – where the energy to split hydrogen atoms from water molecules comes from wind or solar sources. Today’s conventional hydrogen is far from “green”, and is derived from natural gas.

The regional Transportation Climate Initiative (TCI) is being undermined by David Schnare and the Koch-tied think tank Center for Environmental Stewardship at the Thomas Jefferson Institute. We found an excellent bit of investigative reporting on this extensive disinformation campaign.

The fossil fuel industry is having a hard time explaining why investors keep losing their shirts in fracking plays. With new investors increasingly hard to come by, calls for financial fraud investigations grow louder. Meanwhile, the new coronavirus is hammering away at global energy demand – unsettling oil markets.

New York’s statewide plastic bag ban is now in effect, knocking a 23 billion bag per year hole in that market.

— The NFGiM Team

PIPELINES

Gorsuch opines
Supreme Court Justice Gorsuch warns of unintended consequences in Atlantic Coast Pipeline case
By Iulia Gheorghiu, Utility Dive
February 25, 2020

The U.S. Supreme Court heard arguments from two consolidated cases on Monday, regarding a lower court’s decision to reject the U.S. Forest Service’s authority to issue a key permit for the 600-mile Atlantic Coast Pipeline.

One extreme-case scenario, Justice Neil Gorsuch warned, is that if the lower court’s decision is upheld, more pipelines could inadvertently be “invited” along the Pacific Crest Trail, along the West Coast. The environmental advocates responding in the Supreme Court case and several environmental groups dispute the legal and actionable feasibility of this argument.
» Read article        

» More about gas pipelines  

COLUMBIA GAS

eversource expanding
Eversource to buy Columbia Gas following plea agreement
By Danielle Eaton, the Reminder
March 4, 2020

GREATER SPRINGFIELD –  Nearly two years after the tragic gas explosions in the Merrimack Valley, Columbia Gas of Massachusetts (CMA) admitted fault for the tragedy, will pay millions of dollars in fines and sell their Massachusetts business.

The explosions, which took place on Sept. 13, 2018, killed one person, injured 22 and damaged 131 homes and commercial buildings, according to a press release from U.S. attorney Andrew Lelling’s office. The plea agreement and its terms were announced on Feb. 26.

The agreement, according to Lelling’s office, requires the company to pay a $53 million fine, which is “the largest criminal fine ever imposed under the Pipeline Safety Act.” The fee “represents twice the amount of profits CMA earned between 2015 and 2018 from a pipeline infrastructure program called the Gas System Enhancement Plan (GSEP).”
» Read article       

Columbia gas to Eversource - questions
Eversource purchase of Columbia Gas: Councilor Jesse Lederman calls for hearing in Springfield
By Jim Kinney, MassLive
March 03, 2020

SPRINGFIELD — City Councilor Jesse Lederman has asked state regulators to host here in Springfield at least one of the hearings on the pending purchase of Columbia Gas of Massachusetts by Eversource Energy.

Eversource, a company made up of the former Western Massachusetts Electric Co., announced last week its plan to buy Columbia Gas’ Massachusetts operations now owned by NiSource for $1.1 billion.

Lederman said more clarity is needed on the future of the proposed “Greater Springfield Reliability Project,” a proposal Columbia Gas has been pursuing to construct new infrastructure off the Tennessee Gas Pipeline in Longmeadow and route it into Springfield.

“Will Eversource continue this proposed expansion once they acquire Columbia Gas?” Lederman wrote. “If so, will they follow the same timeline?”
» Read article        

» More about Columbia Gas

CLIMATE

cloud seeding
Helping the Snow Gods: Cloud Seeding Grows as Weapon Against Global Warming
New research supports seeding efforts to bolster water supplies in drying regions, but some scientists question its effectiveness in addressing climate change.
By Bob Berwyn, InsideClimate News
March 4, 2020

Winter bonfires paying homage to snow gods have long been a tradition in cold weather regions around the world.

But in the last 70 years or so, communities in the western United States have gone beyond rituals and added a technological twist. Across hundreds of mountaintops, from the Sierra Nevada to the Sawtooths, Wasatch and Colorado Front Range, cloud seeding experts are now often burning small amounts of silver iodide with the aim of bolstering dwindling water supplies.

The vaporized metal particles are ideal kernels for new ice crystals. When moist, super-cooled air rises over mountain ranges under predictable winds, it sets up perfect conditions for the crystalline alchemy that creates snow, the white gold craved by ski resorts, ranchers and farmers and even distant cities that need mountain water to survive.

The scramble for water has intensified as global warming has battered much of the West during the last 20 years with heat waves, droughts and wildfires. With projections for declining snowpack and river flows, cloud seeding is becoming a regional climate adaptation measure costing several million dollars each year. In other regions, including parts of the central United States, seeding has also been used to try and enhance summer rains and to reduce the risk of severe hail storms.
» Read article        

Interior denialist
How a Trump Insider Embeds Climate Denial in Scientific Research
By Hiroko Tabuchi, New York Times
March 2, 2020

An official at the Interior Department embarked on a campaign that has inserted misleading language about climate change — including debunked claims that increased carbon dioxide in the atmosphere is beneficial — into the agency’s scientific reports, according to documents reviewed by The New York Times.

The misleading language appears in at least nine reports, including environmental studies and impact statements on major watersheds in the American West that could be used to justify allocating increasingly scarce water to farmers at the expense of wildlife conservation and fisheries.

The effort was led by Indur M. Goklany, a longtime Interior Department employee who, in 2017 near the start of the Trump administration, was promoted to the office of the deputy secretary with responsibility for reviewing the agency’s climate policies. The Interior Department’s scientific work is the basis for critical decisions about water and mineral rights affecting millions of Americans and hundreds of millions of acres of land.
» Read article        

Congo bog play
Plan to drain Congo peat bog for oil could release vast amount of carbon
Drilling in one of the greatest carbon sinks on the planet could release greenhouse gases equivalent to Japan’s annual emissions, experts warn
By Phoebe Weston, The Guardian
February 28, 2020

https://www.theguardian.com/environment/2020/feb/28/ridiculous-plan-to-drain-congo-peat-bog-could-release-vast-amount-of-carbon-aoe
The world’s largest tropical peatlands could be destroyed if plans go ahead to drill for oil under the Congo basin, according to an investigation that suggests draining the area would release the same amount of carbon dioxide as Japan emits annually.

Preserving the Congo’s Cuvette Centrale peatlands, which are the size of England and store 30bn tonnes of carbon, is “absolutely essential” if there is any hope of meeting Paris climate agreement goals, scientists warn.

However, this jungle is now the latest frontier for oil exploration, according to an investigation by Global Witness and the European Investigative Collaborations network that questions claims by developers that the oil deposit could contain 359m barrels of oil.
» Read article       

» More about climate

CLEAN ENERGY

clean energy snapshot
Inside Clean Energy: An Energy Snapshot in 5 Charts
New data from the Energy Information Administration show coal tanking, solar surging, wind growing fast and electricity usage remaining stable.
By Dan Gearino, InsideClimate News
March 5, 2020

The electricity sector is responsible for more than one-fourth of all of U.S. carbon emissions, ranking just behind transportation as the leading emissions source.

For the country to stave off the most harmful effects of climate change, the sector would need to get its emissions to zero, or close to it, as soon as possible, and the transportation sector would have to make a shift to using electricity, rather than gasoline, as a default fuel.
» Read article        

green hydrogen
Green hydrogen gets real as utility business models and delivery solutions emerge

The fuel may be the only way to meet power system needs in zero emissions scenarios and the market signals to produce and use it are finally clear.
By Herman K. Trabish, Utility Dive
March 2, 2020

Here are three things power sector policymakers are reaching agreement on: The mid-century goal is a zero emissions economy; wind and solar alone cannot do that; and green hydrogen may be a solution.

Green hydrogen is produced by a renewables-powered electrolyzer that splits water (H2O) to make hydrogen (H2) gas. The process makes renewable hydrogen (RH2) gas more expensive than the wind or solar used to create it, but it can generate zero emissions electricity in turbines or fuel cells, be stored in higher densities and lighter weights than batteries to meet long duration storage needs, and be used in high-heat industrial processes.

At a renewables penetration of “about 60%,” RH2, or comparable long duration storage, “will be necessary” for grid reliability, University of California, Irvine, Chief Scientist of Renewable Fuels and Energy Storage Jeffrey G. Reed told Utility Dive. Alternatives like overbuilding wind and solar or batteries would be much more expensive, he said.
» Read article        

» More about clean energy

CLEAN TRANSPORTATION

David Schnare
Longtime Climate Science Foe David Schnare Uses “Scare Tactics” to Bash Transportation Climate Initiative for Koch-Tied Think Tank
By Dana Drugmand, DeSmog Blog
March 3, 2020

Opponents of a regional proposal to curb transportation sector emissions in the Northeast and Mid-Atlantic are using a number of deceptive tactics to attack and criticize the Transportation and Climate Initiative. Groups tied to the oil industry have pointed to misleading studies, deployed questionable public opinion polling and circulated an open letter in opposition.

In Virginia, a conservative think tank is now touting a biased analysis, dismissed by critics as misleading “scare tactics,” authored by anti-environmental attorney David Schnare, that questions Virginia’s legal authority to participate in the regional program.

Schnare is currently the Director of the Center for Environmental Stewardship at the Thomas Jefferson Institute, and both he and TJI are part of a larger network linked with fossil fuel interests that work against climate and environmental protection policies.

The Thomas Jefferson Institute for Public Policy is a member of the State Policy Network, a Koch-backed web of right-wing think tanks promoting climate science denial and other policy positions that benefit corporate donors.

Schnare is a former EPA scientist and attorney and initially was a member of President Trump’s EPA transition team. He is affiliated with climate denial groups like the Heartland Institute, and was a speaker at the 2017 Heartland Institute “America First Energy Conference,” where he discussed how to challenge the EPA’s 2009 endangerment finding that serves as the basis for regulating greenhouse gas emissions.
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FOSSIL FUELS

fraudsters in frackland
Is the U.S. Fracking Boom Based on Fraud?
By Justin Mikulka, DeSmog Blog
March 5, 2020

As more and more players in the fracking industry run out of options and file for bankruptcy, investors are beginning to ask questions about why all the money is gone.

“This is an industry that has always been filled with promoters and stock scams and swindlers and people have made billions when investors have lost their shirts.”
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Coronavirus oil cuts
OPEC Proposes a Large Cut in Oil Output
The cartel wants to take 1.5 million barrels a day off the market as the coronavirus outbreak curbs demand. But the assent of Russia and others is needed.
By Stanley Reed, New York Times
March 5, 2020

The Organization of the Petroleum Exporting Countries proposed Thursday that oil output be curbed by 1.5 million barrels a day, or 1.5 percent of world oil supplies, to deal with the effects of the spreading coronavirus outbreak on demand.

The proposed cuts are more than most analysts expected but seem unlikely to change the gloomy sentiment in the oil market. After the announcement, prices for Brent crude, the international benchmark, fell about 0.8 percent to $50.71 a barrel.
» Read article        

BP change-up
BP’s Net-Zero Pledge: A Sign of a Growing Divide Between European and U.S. Oil Companies? Or Another Marketing Ploy?
Analysts say European companies are under greater social and governmental pressure to address climate change and reduce emissions. Environmentalists are skeptical.
By Dan Gearino, InsideClimate News
February 29, 2020

In the last month, BP said it had “set a new ambition” to get to net-zero emissions by 2050, and the company withdrew from three oil industry trade groups that have a history of opposing action to fight climate change.

The announcements are the latest signs that a gap may be opening between European and U.S. oil giants over climate change, with the European companies—like the governments of their home countries—committing to much steeper emissions reductions than their American counterparts.

But it is far from clear whether the European companies will take action that matches their commitments.

Environmental advocates say they are skeptical, while energy analysts say the extent of the transformation by BP and others will depend on how well this strategy works in terms of profits and investor response.

“We don’t have time, given the urgency of the climate crisis, to give companies that have a history of spreading disinformation and seeking to block action, the benefit of the doubt,” said Kathy Mulvey, director of the corporate accountability campaign for the Union of Concerned Scientists.
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» More about fossil fuels    

PLASTICS BANS

NY bag ban begins
New York: plastic bag ban takes effect to address ‘environmental blights’
Businesses will no longer be allowed to provide or sell plastic bags in third state after California and Oregon to enforce ban
By Miranda Bryant, The Guardian
March 1, 2020

Every year, New York state gets through a staggering 23bn plastic bags – the vast majority of which end up in landfill or polluting streets, green spaces and waterways.

But it is hoped the single-use carriers will become a relic, now a long-awaited state-wide ban on single use plastic bags has come into force.

The new law means most businesses will no longer be allowed to provide or sell plastic bags. However, it will not completely outlaw plastic bags. Notable exceptions include takeaway and delivery food, prescription drugs, rubbish bags, uncooked meat and fish and some non-film plastic “reusable” bags.
» Read article        

» More about plastics bans

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