Tag Archives: Bernard Looney

Weekly News Check-In 8/7/20

banner 07

Welcome back.

We’re covering a lot of ground, beginning with last week’s announcement that Liberty Utilities has cancelled the controversial Granite Bridge Pipeline project. While the utility’s move allows a continued increase of its natural gas footprint in New Hampshire, the very good news is they’ll proceed without a massive new infrastructure buildout. In other pipeline news, an appeals court decided to allow continued oil flow through the Dakota Access Pipeline. The Standing Rock Sioux Tribe will continue its opposition in defense of its vulnerable water resources.

Another notable protest action is underway in Alvin, a small rural California community at the southern tip of the San Joaquin Valley. Already burdened with heavy pollution loads from agriculture and oil extraction, the mostly low-income, Latino residents have joined with other communities to demand reasonable setbacks between populated areas and new drilling rigs – and the pollution that comes from them.

Between the Covid-19 pandemic, the related economic crash, and the urgency to address climate change, financial managers are “having a moment”. Divesting from fossil fuels is an easy call considering the sector’s uncanny ability to destroy capital – but what next? We found a report describing how a major investor group is thinking strategically about investments to achieve the Paris Climate Agreement goals.

The urgency for climate action continues to be underscored by new research. One study finds that global heat-related mortality may eventually equal deaths from all infectious diseases combined. Another study warns that whatever emissions levels we achieve, we should expect real-world climate response to be on the hot side (worst case) of what models predict for those levels.

Better buildings will be a major factor in lowering greenhouse gas emissions. We found two articles on efforts in the northeast to meet the challenge by improving affordable housing. Meanwhile, Massachusetts has taken a legislative step forward in clean energy and achieving net-zero emissions by 2050, while also moving to reduce power plant emissions during peak demand hours. All of which will benefit from continued innovations in energy storage technology.

We spotted a flashing yellow hazard light on the clean transportation speedway, related to the coming huge demand increase for electric vehicle battery materials like lithium and cobalt. We’re seeing a lot of interest in developing deep-sea mining – a new frontier with potentially catastrophic environmental consequences. The European Parliament and at least 80 organizations have called for a 10-year moratorium on deep-sea mining to allow for the study of potential impacts along with management and mitigation methods.

For our friends in Ohio who may be wondering why their state recently gutted its renewable and energy efficiency laws and incentives while simultaneously bailing out several coal and nuclear companies, we found a story that explains the whole sordid affair. It’s one of the worst utility scandals in the country.

While the fossil fuel industry continues to accumulate lawsuits, we see growing recognition among some of the major players that significant portions of their reserves – a primary basis for market valuation – are worthless in the sense that they can never be extracted, sold, and burned. BP leads the pack, along with some of the other European majors – but even Exxon recently admitted that 20% of global oil and gas reserves should be written off. We humbly suggest that number might be on the low side.

Liquefied natural gas is having its own troubles. Once considered a safe investment, the future is looking considerably less certain. In the last six years, 61% of LNG export terminal projects have failed. While many of those failures predated the current pandemic-related demand crash, the future outlook isn’t improving.

The myth of woody biomass as a sustainable, carbon-neutral fuel recently collided with the notoriously clear-eyed analytical thinking of the Dutch. According to a new policy, The Netherlands recognizes that biomass is an indispensable resource in the circular economy, and burning it is “wasteful”. Accordingly, they will rapidly phase out the use of biomass-to-energy plants. The rest of the European Union should follow their lead.

We finish with a story highlighting the challenges associated with recycling plastics, and the lure of the easy fix. While there are still no good solutions to the plastic waste problem, there are definitely bad ones masquerading as “recycling”.

— The NFGiM Team

GRANITE BRIDGE PIPELINE

stop the pipeline and tank
Liberty Utilities nixes Granite Bridge Route 101 pipeline project
By Alex LaCasse, Seacoast Online
July 31, 2020

The utility proposing to construct the controversial Granite Bridge pipeline along Route 101 between Manchester and Exeter is abandoning the project after seeking an alternative plan.

Liberty Utilities filed notice with state Public Utilities Commission Friday afternoon it now intends to enter agreement with the owner of the Concord Lateral pipeline to carry natural gas to its customers in central New Hampshire, ending its pursuit of constructing the Granite Bridge pipeline.

“We’ve been fighting this pipeline for three years,” said Epping resident Joe Perry, who was a driving force behind a 2019 citizens petition opposing Granite Bridge. “It’s a tremendous weight off our shoulders.”
» Read article             

» More about Granite Bridge Pipeline        

OTHER PIPELINES

DAPL undead for now
Appeals Court Halts Dakota Access Pipeline Shutdown Order
By Olivia Rosane, EcoWatch
August 6, 2020

The controversial Dakota Access Pipeline won a reprieve Wednesday when an appeals court canceled a lower court order mandating the pipeline be shut down and emptied of oil while a full environmental impact statement is completed.

The shutdown order, which would have gone into effect Wednesday, marked the first time a major oil pipeline was court ordered to cease operations for environmental reasons. But while its reversal is disappointing for pipeline opponents, Wednesday’s decision was not wholly favorable for the pipeline, either. The court refused to halt the initial order for a new environmental review of the pipeline’s crossing under the Missouri River, where the Standing Rock Sioux Tribe fears it will pollute its drinking water and sacred lands if it leaks.

“We’ve been in this legal battle for four years, and we aren’t giving up this fight,” Standing Rock Sioux Tribe Chairman Mike Faith said in an Earthjustice press release. “As the environmental review process gets underway in the months ahead, we look forward to showing why the Dakota Access Pipeline is too dangerous to operate.”
» Read article             
» Read the Earthjustice press release

» More about pipelines

PROTESTS AND ACTIONS

Committee for a Better Arvin
Tired of Wells That Threaten Residents’ Health, a Small California Town Takes on the Oil Industry
The mostly low-income, Latino residents of Arvin have joined with other communities to demand setbacks for wells. Their slogan: “No drilling where we are living.”
By Julia Kane, InsideClimate News
August 3, 2020

In Arvin, a small, agricultural town at the southern tip of the San Joaquin Valley, pollution is a pervasive part of life. Pesticides sprayed on industrial-scale farms, fumes drifting from the region’s ubiquitous oil and gas wells, exhaust from the trucks barrelling down Interstate 5—it all gets trapped in the valley, creating a thick haze. This year the American Lung Association ranked Bakersfield, just 15 miles northwest of Arvin, as the worst metropolitan area in the U.S. in terms of annual particle pollution.

Arvin’s residents, like people in many other parts of California, are especially concerned by the oil and gas wells sprinkled throughout their community. These wells, sometimes drilled and operated in close proximity to neighborhoods, schools, and health care centers, release a toxic mix of hydrogen sulfide, benzene, xylene, hexane and formaldehyde into the air.

Studies have linked living near oil and gas extraction to a wide range of adverse health effects, including increased risk of asthma, respiratory illnesses, preterm birth, low birthweight and cancer—serious fears for the more than two million Californians who live within a quarter-mile of operational oil and gas wells.
» Read article 

» More about protests and actions      

DIVESTMENT

Moscow power plant
Investors launch climate plan to get to net zero emissions by 2050
By Simon Jessop, Reuters
August 5, 2020

An investor group managing more than $16 trillion on Wednesday launched the world’s first step-by-step plan to help pension funds and others align their portfolios with the Paris Agreement on climate change.

Many investors have pledged high-level support to the goals of the 2015 Paris deal, but the “Net Zero Investment Framework” is the first to lay out the steps they need to take to ensure the commitment is backed up by the necessary action.

Specific targets could include increasing the percentage of assets invested in low-carbon passive indexes and ensuring the leaders of investee companies link pay to climate-related targets.

“Countries, cities and companies around the globe are committing to achieve the goal of net zero emissions and investors need to show similar leadership,” said IIGCC Chief Executive Stephanie Pfeifer

“The willingness is there, but until now the investment sector has lacked a framework enabling it to deliver on this ambition.”
» Read article

» More about divestment          

CLIMATE

cool-off
Rising temperatures will cause more deaths than all infectious diseases – study
Poorer, hotter parts of the world will struggle to adapt to unbearable conditions, research finds
Oliver Milman, The Guardian
August 4, 2020

The growing but largely unrecognized death toll from rising global temperatures will come close to eclipsing the current number of deaths from all the infectious diseases combined if planet-heating emissions are not constrained, a major new study has found.

Rising temperatures are set to cause particular devastation in poorer, hotter parts of the world that will struggle to adapt to unbearable conditions that will kill increasing numbers of people, the research has found.

The economic loss from the climate crisis, as well as the cost of adaptation, will be felt around the world, including in wealthy countries.

In a high-emissions scenario where little is done to curb planet-heating gases, global mortality rates will be raised by 73 deaths per 100,000 people by the end of the century. This nearly matches the current death toll from all infectious diseases, including tuberculosis, HIV/Aids, malaria, dengue and yellow fever.
» Read article             
» Obtain the study         

expect the worst
The Worst-Case Scenario for Global Warming Tracks Closely With Actual Emissions
With scientists divided between hope and despair, a new study finds that the model projecting warming of 4.3 degrees Celsius is “actually the best choice.”
By Bob Berwyn, InsideClimate News
August 3, 2020

When scientists in the early 2000s developed a set of standardized scenarios to show how accumulating greenhouse gas concentrations in the atmosphere will affect the climate, they were trying to create a framework for understanding how human decisions will affect the trajectory of global warming.

The scenarios help define the possible effects on climate change—how we can limit the worst impacts by curbing greenhouse gas emissions quickly, or suffer the horrific outcome of unchecked fossil fuel burning.

The scientists probably didn’t think their work would trigger a sometimes polarized discussion in their ranks about the language of climate science, but that’s exactly what happened, and for the last several months, the debate has intensified. Some scientists say the worst-case, high emissions scenario isn’t likely because it overestimates the amount of fossil fuels that will be burned in the next few decades.

But a new study published Monday in the Proceedings of the National Academy of Sciences argues that the high-end projection for greenhouse gas concentrations is still the most realistic for planning purposes through at least 2050, because it comes closest to capturing the effects “of both historical emissions and anticipated outcomes of current global climate policies, tracking within 1 percent of actual emissions.”
» Read article
» Read the PNAS report

» More about climate     

BETTER BUILDINGS

NY home improvement plan
New York is spending $1 billion to help residents conserve energy — and lower their bills
By Angely Mercado, Grist
August 4, 2020

As summer heat waves converge with a surging pandemic and an impending economic collapse, energy-efficient homes are becoming particularly critical to Americans’ well-being. Millions now face tough choices when it comes to energy usage: The longer they stay home to stay safe from both scorching heat and COVID-19, the higher their utility bills climb.

New York’s state government, for its part, is eyeing a long-term solution to this conundrum. The New York State Energy Research and Development Authority is collaborating with the region’s investor-owned utilities to provide clean and energy-efficient solutions to more than 350,000 low-to-moderate income households throughout the state.

The collaboration aims to more than double the number of lower-income households that have access to services like voluntary electric load reduction, as well as better insulation and air sealing for more efficient cooling and heating, according to an announcement from Governor Andrew Cuomo’s office last week. The initiative will also provide education and community support programs to connect these upgrades to the households most in need.
» Read article

triple-decker design challenge
Getting rid of fossil fuels in buildings
Passive house building too cost effective to resist
By Joan Fitzgerald, CommonWealth Magazine – opinion
August 2, 2020

ATTORNEY GENERAL Maura Healey recently ruled that Brookline’s clean energy bylaw prohibiting installation of oil and gas lines in new and substantially renovated buildings violates state law. It’s true—state preemption law does not allow cities and towns to pass energy requirements stronger than the state’s code. But cities and towns still have substantial leverage. While we work on changing state law, we have other means to get rid of fossil fuels in buildings.

For example, the passive house building standard, promoted by the Commonwealth’s own three-year energy efficiency plan, released in October 2018, is one key element. The plan includes tax incentives and subsidies for developers for both market-rate and low-income housing. Even if energy codes are unchanged, this technology is becoming too cost-effective to resist.

A passive-house building is designed to keep heat in, using super-insulation, triple-pane windows, and similar measures. It consumes about 90 percent less energy for heating and 60 percent less energy overall than a typical building and usually does not require active heating and cooling systems. The buildings also use air exchangers that use the heat produced from lighting, cooking, and other sources to warm incoming cold air.

Dozens of European cities require the passive-house standard for some new construction—particularly in Germany, where it was developed. The passive-house standard is technologically and economically feasible for both new construction and retrofitting existing buildings, even in cold climates. By definition, passive house construction can be fossil-fuel free if it uses electric heating and appliances.

It’s been slow to catch on in the US, but Massachusetts is poised to become a leader—and gearing it to low-income housing. In 2017, the Massachusetts Clean Energy Center, the state economic development agency accelerating the growth of the clean energy sector, launched the Passive House Design Challenge to demonstrate that the standard can be employed at little extra cost. In 2019, the Clean Energy Center funded eight projects to the tune of $1.73 million that will build 540 units of affordable passive housing.

Joan Fitzgerald is a professor in the School of Public Policy & Urban Affairs at Northeastern University. Her latest book, Greenovation: Urban Leadership on Climate Change, was published by Oxford University Press in March.
» Read article

» More about better buildings      

CLEAN ENERGY

fundamentally flawed
Massachusetts set to pass landmark clean energy law to reach net-zero by 2050
By David Iaconangelo, E&E News, in Energy News Network
August 6, 2020

Massachusetts is expected to pass clean energy and climate legislation in the coming months that would require the state to reach net-zero greenhouse gas emissions by 2050, dividing conservative groups and environmentalists in atypical ways.

The state House and Senate, which are both controlled by Democrats, have yet to agree on final language. But both chambers have passed bills backing the net-zero goal, and Republican Gov. Charlie Baker has declared that his administration is planning to meet it.

If enacted, the law would place Massachusetts among a handful of states requiring a carbon-neutral economy by midcentury.

One environmental group, Environment Massachusetts, has set itself apart from most clean energy organizations in the state by opposing the net-zero bills.

Instead of simply mandating emissions reductions and allowing for energy officials to regulate the technologies involved, the state should create 100% mandates for renewable power, electric cars and other zero-carbon technologies, the group has argued.

“The underlying framework of this bill is fundamentally flawed,” said Ben Hellerstein, the group’s state director, adding that it could “leave Massachusetts dependent on dirty energy for decades to come.”
» Read article

clean peak passes
Massachussets policy to decarbonise grid at times of peak demand gets underway
By Andy Colthorpe, Energy Storage News
August 5, 2020

A “first-in-the-nation” policy called the Clean Peak Standard has been launched in Massachusetts, US, whereby a proportion of electricity used on the grid at times of highest demand must be considered ‘clean’.

Governor Charlie Baker and Lieutenant Governor Karyn Polito’s administration announced the launch yesterday of the Standard, with Baker calling it an “innovative approach to create a cleaner and more affordable energy future for residents and businesses across the Commonwealth, while serving as a national role model for making meaningful reductions in greenhouse gas emissions”. The plan was first introduced in 2018, as part of the administration’s Bill H4857, ‘An act to advance clean energy’.
» Read article

float a loan
Floating Offshore Wind on Cusp of Unlocking Big Source of Finance, Experts Say
Non-recourse finance is the largest source of funding for offshore wind, and lenders are becoming more comfortable with floating turbines.
By Jason Deign, GreenTech Media
August 3, 2020

A major source of finance for offshore wind projects may soon open up to the industry’s most important technological frontier: floating turbines.

Non-recourse finance, which allows lenders to be repaid from the profits of a project and have no claim over the assets of the borrower, will likely be available to upcoming floating wind projects as the market reaches an initial stage of maturity, experts say. That would help to lower the cost of projects. Non-recourse lending accounts for the majority of funding flowing to conventional European offshore wind projects today.

So far, no floating projects have secured pure non-recourse finance, “but the market is becoming ready for it,” said Clément Weber, a floating wind expert at renewable energy financial advisory firm Green Giraffe.
» Read article

» More about clean energy     

ENERGY STORAGE

Voltstorage SMART
‘World’s only’ home vanadium battery storage provider Voltstorage nets €6 million funding
By Andy Colthorpe, Energy Storage News
July 31, 2020

Germany company Voltstorage, claiming to be the only developer and maker of home solar energy storage systems using vanadium flow batteries, raised €6 million (US$7.1 million) in July.

Voltstorage claims that its recyclable and non-flammable battery systems, which also enable long cycle life of charging and discharging without degradation of components or electrolyte, can become a “highly demanded ecological alternative to the lithium technology”. Its battery system, called Voltstorage SMART, was launched in 2018 and comes with 1.5kW output and 6.2kWh capacity. At the time of its launch, company founder Jakob Bitner claimed that Voltstorage had been “the first to automate the production process of redox-flow battery cells,” enabling the production of “high-quality battery cells at favourable cost”. The company also claims that around 37% less CO2 is emitted in the production of its systems versus comparable lithium-ion storage.
» Read article

» More about energy storage     

CLEAN TRANSPORTATION

step away from the edge
Could Deep Sea Mining Fuel The Electric Vehicle Boom?
By MINING.com
August 3, 2020

The world is hungry for resources to power the green transition. As we increasingly look to solar, wind, geothermal and move towards decarbonization, consumption of minerals such as cobalt, lithium and copper, which underpin them, is set to grow markedly.

One study by the World Bank estimates that to meet this demand, cobalt production will need to grow by 450% from 2018 to 2050, in pursuit of keeping global average temperature rises below 2°C.

The mining of any material can give rise to complex environmental and social impacts. Cobalt, however, has attracted particular attention in recent years over concerns of unsafe working conditions and labour rights abuses associated with its production.

New battery technologies are under development with reduced or zero cobalt content, but it is not yet determined how fast and by how much these technologies and circular economy innovations can decrease overall cobalt demand.

Deep-sea mining has the potential to supply cobalt and other metals free from association with such social strife, and can reduce the raw material cost and carbon footprint of much-needed green technologies.

On the other hand, concerned scientists have highlighted our limited knowledge of the deep-sea and its ecosystems. The potential impact of mining on deep-sea biodiversity, deep-sea habitats and fisheries are still being studied, and some experts have questioned the idea that environmental impacts of mining in the deep-sea can be mitigated in the same way as those on land.

In the face of this uncertainty, the European Parliament, the prime ministers of Fiji, Vanuatu, Papua New Guinea and more than 80 organizations have called for a 10-year moratorium on deep-sea mining, until its potential impacts and their management methods are further investigated. [Emphasis added by blog editor.]
» Read article

sit in traffic
Environmental Advocates Call for Ban on SUV Ads
By Jordan Davidson, EcoWatch
August 3, 2020

To meet its climate targets, the UK should ban advertisements for gas-guzzling SUVs, according to a report from a British think tank that wants to make SUVs the new smoking, as the BBC reported.

The UK has set the ambitious target of net zero emissions by 2050, but that will be difficult to achieve if the public’s appetite for large, private cars does not subside.

The report, called Upselling Smoke, from New Weather Institute and climate charity Possible, says that SUV advertising should be compared to tobacco advertising, blaming the vehicles for creating a “more dangerous and toxic urban environment.”
» Read article             
» Read the New Weather Institute report

» More about clean transportation         

ELECTRIC UTILITIES

Ohio scandal explained
The Ohio Utility Scandal, Explained
By Amy Westervelt, Drilled News
August 5, 2020

Leah Stokes, author of Short Circuiting Policy and a political science professor at University of California at Santa Barbara, has been following utilities corruption for years. Back in 2013 Stokes started looking into what utility FirstEnergy was doing in Ohio, so when Ohio Speaker of the House Larry Householder was arrested last month in connection with a utility bribery scandal she knew exactly what had happened. Householder was the architect of a piece of state legislation in Ohio called HB six, which passed in July 2019. That bill essentially gutted Ohio’s renewable and energy efficiency laws and incentives and bailed out several coal and nuclear companies. It turns out it was a bill that was bought and paid for by FirstEnergy.

In this Q&A with the Drilled podcast, Stokes explains the whole sordid tale.
» Read transcript or listen to podcast 

» More about electric utilities        

FOSSIL FUEL INDUSTRY

Title XVII fraudEnergy Dept. Sued Over Hiding Details of Loan Guarantee for Appalachian Gas Liquids Project
DOE refuses to release documents that could shine light on how a massive petrochemical storage facility would be eligible for a nearly $2 billion loan guarantee under a clean energy program
By Food and Water Watch – press release
August 6, 2020

The national advocacy group Food & Water Watch filed suit against the Department of Energy (DOE) in the U.S. District Court for the District of Columbia today, charging the agency has refused to comply with a Freedom of Information Act request seeking documents related to a massive loan guarantee for a fossil fuel infrastructure project.

The controversial $1.9 billion loan guarantee was sought by the Appalachian Development Group to support its plan to build a massive ethane gas liquid ‘storage hub’ in Appalachia – a project meant to stabilize feedstock prices for future petrochemical and plastics manufacturing.

The loan guarantee was sought as part of the DOE’s Title XVII program, which requires that eligible projects must meet several criteria, including a provision that facilities must “avoid, reduce or sequester greenhouse gases.” A facility that would store ethane, a plastics feedstock derived from fracked gas, in order to utilize those gas liquids in petrochemical manufacturing would plainly not qualify on those grounds.
» Read press release             
» Read the complaint

oil due for a haircut
Exxon: 20 Percent Of Global Oil And Gas Reserves May Be Wiped Out
By Julianne Geiger, oilprice.com
August 5, 2020

After a grim Q2 season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the world’s oil and gas reserves may no longer be viable, according to Bloomberg.

According to Exxon Mobil, one-fifth of the world’s oil and gas reserves will no longer qualify as “proved reserves” at the end of this year if oil prices fail to recover before then.

A flurry of oil and gas companies have written off billions in oil and gas assets as the value of those assets in the current oil price climate is no longer what it once used to be. Exxon was not among them.

Exxon is currently reviewing its oil and gas assets, the results of which should be available by November.
» Read article

BP greening-ish
BP Reports a Huge Loss and Vows to Increase Renewable Investment
The European oil giant has plans for a future with more electrical generation.
By Stanley Reed, New York Times
August 4, 2020

BP reported a $16.8 billion quarterly loss on Tuesday, and cut its dividend in half — the first reduction since the Deepwater Horizon disaster a decade ago.

But what caught the attention of analysts and, apparently, investors, was the ambitious plan that Bernard Looney, the chief executive, set out for making over the London-based oil giant into a diversified purveyor of cleaner energy within a decade. BP’s share price jumped by more than 7 percent during trading Tuesday.

On a webcast with analysts Mr. Looney described a transformation plan that Stuart Joyner, an analyst at the market research firm Redburn, said in a note to clients was “major, positive, thoughtful and largely unexpected.”
» Read article

end game for oil
We have entered the “end game” for oil — with “permanent demand destruction”
What the industry denied for years, that its assets have become liabilities, has become a reality.
By Andy Rowell, Oil Price International – blog post
Photo by Pete Markham
July 30, 2020

With many countries and regions trying to open up their economies after COVID-19 lockdowns, many in the oil industry had been hoping that as hundreds of millions of people resume as normal a life as possible, demand for oil would pick up to pre-COVID levels.

This is not going to happen. The “old normal” is not coming back. As we have been repeatedly saying for months, we are witnessing the end of the oil age. Even once great giants are now crumbling at their core.

Today, oil giant Shell, a titan of the industry, revealed a net loss of USD 18.3 billion for the second quarter of this year, down from a net profit of USD 3 billion over the same period last year. This means Shell business is down USD 20 billion from last year.

Meanwhile, another titan, French oil company Total, has announced a USD 8 billion write-down on the value of its assets, including USD 7 billion from dirty Canadian tar sands Canadian operations.

The company stated, “Total now considers oil reserves with high production costs that are to be produced more than 20 years in the future to be ‘stranded.’”
» Read article

» More about fossil fuels        

LIQUEFIED NATURAL GAS

LNG carriers
Global LNG terminal survey casts doubt on industry as ‘safe bet’
The failure rate for proposed LNG export terminal projects between 2014 and 2020 is 61 per cent, study says
By Carl Meyer, National Observer – in Terrace Standard
July 7, 2020

A new report is raising questions about the long-term viability of the liquefied natural gas export industry around the world as the Trudeau government continues to signal support for one such project in B.C.

The natural gas industry is facing multiple headwinds, from a collapse in demand due to COVID-19 disruptions, to competition from renewable energy sources, and protests against fossil fuel expansion such as those in support of Wet’suwet’en against the Coastal GasLink pipeline through B.C.

A global survey of LNG terminals released Monday by the San Francisco-based Global Energy Monitor research network outlines the central risk facing the hundreds of billions of dollars in sunk investments in LNG infrastructure: That some of these structures could become underused, or stranded, long before the end of their useful lives.

“LNG was once considered a safe bet for investors,” said research analyst Greig Aitken, one of the report’s five authors. “Suddenly, the industry is beset with problems.”

[The] survey suggests that the reputation of LNG as an “environmentally benign” fuel that is less dirty than coal has been debunked by scientific studies highlighting the serious impact of methane on global warming.

Methane, a greenhouse gas that is the main component of natural gas, is 86 times as powerful as carbon dioxide in trapping heat in the atmosphere over a 20-year period. Scientific studies have connected a rise in global methane levels with the fracking boom, and say this rise in atmospheric methane is undercutting efforts to hold the global temperature rise to 2C above pre-industrial levels.
» Read article

» More about LNG   

BIOMASS

not sustainable
The Dutch have decided: Burning biomass is not sustainable
The Netherlands should phase out the use of biomass for generating electricity as soon as possible, the advisory board of the Dutch government said in a report presented earlier this month.
By Davine Janssen’ EURACTIV.com
July 21, 2020

Biomass is an “indispensable” resource for the circular economy, but burning it is wasteful.

That is the main message of the report issued on 8 July by the Socio-Economic Council (SER), an independent advisory board of the Dutch government consisting of entrepreneurs, employees and independent experts.

In the chemical industry, the building sector and agriculture, biological materials are crucial for the transition to a circular economy, the council writes. But sustainably produced biomass is too scarce to keep using it for the production of heat or electricity, for which other low-carbon and renewable alternatives exist, the report states.

Accordingly, the billions worth of subsidies that were intended for biomass combustion plants should be phased out as well, the advisors say, calling however for measures to preserve “investment security” when designing a phase-out plan.
» Read article            

» More about biomass      

PLASTICS RECYCLING

not recycling
This ‘solution’ to the plastic crisis is really just another way to burn fossil fuels
By Joseph Winters, Grist
August 3, 2020

Amid an escalating plastic pollution crisis that threatens “near permanent contamination of the natural environment,” the fossil fuel and plastics industries say they have a not-so-surprising solution: recycling.

To be more precise, they’re advocating for “chemical” or “advanced” recycling. The American Chemistry Council, an industry lobbying group whose members include ExxonMobil, Dow, and DuPont, has promoted state-level legislation to expand it nationwide. Policymakers have taken note, and bills easing regulations on chemical recycling facilities have already been passed in eight states and introduced in at least five more.

But environmental activists say the word “recycling” is misleading. Rather than repurposing used plastic into new plastic products, most processes that the industry calls “chemical recycling” involve turning plastic into oil and gas to be burned. In a new report criticizing the practice, the Global Alliance for Incinerator Alternatives, GAIA, didn’t pull any punches, calling chemical recycling an “industry shell game” that keeps single-use plastics in production, contributes to climate change, and produces toxic chemicals that disproportionately harm marginalized communities.
» Read article           
» Read the GAIA report
» Read the no-burn.org legislative alert (includes legislation introduced in MA)

» More about plastics recycling   

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


» Learn more about Pipeline projects
» Learn more about other proposed energy infrastructure
» Sign up for the NFGiM Newsletter for events, news and actions you can take
» DONATE to help keep our efforts going!

Weekly News Check-In 6/5/20

WNCI-2

Welcome back.

Our friends in Weymouth are celebrating a court victory in their fight against the compressor station. The First Circuit Court vacated MA-DEP’s controversial air quality permit pending further study. Since construction was predicated on having that permit, local mayors petitioned the Federal Energy Regulatory Commission (FERC) to halt activities. In related good news, the Ninth Circuit Court ruled last week to maintain a lower court’s block on federal fast-track permits, which continues to hold up further construction on Keystone XL and other pipelines.

But the Trump/Wheeler Environmental Protection Agency (EPA) is counter-punching. A rule change on Monday to the Clean Water Act limits the rights of states and native American tribes to block pipelines.

The articles we selected for this week’s Greening The Economy section continue that good news / bad news dynamic. While the arc of history seems to be bending toward sustainability and social/environmental justice, progress is opposed by well-funded and entrenched supporters of the status quo. Kudos to Massachusetts Attorney General Maura Healey, for petitioning the Department of Public Utilities this week to begin planning an orderly transition away from natural gas.

The climate urgently needs more of that kind of leadership. Atmospheric CO2 levels hit another record high in May. It’s been 23 million years since Earth last hosted a concentration of 415ppm. Meanwhile, satellite images show rampant deforestation in the Amazon, and some of last summer’s unusual arctic wildfires are reigniting after a winter spent smoldering in the peat under snow cover.

On a brighter note, energy efficiency is looking like a good investment in Europe. Renovating existing homes and businesses for improved energy efficiency will be a huge market, and investors are taking notice. We found signs of progress in clean energy and energy storage, too.

We close with news from the fossil fuel industry. BP seems to want to rebrand itself as a green company while keeping much of its planet-killing business model intact. The oil majors are rethinking their big bet on petrochemicals. And the whole house of cards could come down to the tune of $25 trillion in lost equity on the cratering value of reserves.

— The NFGiM Team

WEYMOUTH COMPRESSOR STATION

permit vacated till do-over
Weymouth Gas Compressor Station Opponents Gain Big Court Victory
The First Circuit Court vacates the air-quality permit issued by the state Department of Environmental Protection.
By Scott Souza, Patch
June 4, 2020

The First Circuit Court ruled Wednesday that “because we find that the (Department of Environmental Protection) did not follow its own established procedures for assessing whether an electric motor was the Best Available Control Technology, we vacate the air permit and remand the agency to redo that analysis.”

While the decision does not halt the Fore River project, obtaining the air-quality permit was a significant hurdle for Algonquin Gas Transmission in the approval process of the station, and a main source of attack from those who want to see the project modified or shut down.

Algonquin Gas Transmission had argued in front of the DEP that the electric motor was not viable because it was not cost effective and put too much strain on the surrounding electrical grid.
» Read article     

Braintree Mayor Charles C. Kokoros Shares Update on Weymouth Compressor Station Project Following Court Ruling
By Matthew Reid Client News, City/Town News
June 3, 2020

Since the Court has now vacated DEP’s air permit approval and is requiring further administrative review, the air permit is no longer in effect, and the FERC condition requiring DEP’s approval for the compressor station has not been met.

Therefore, Braintree intends to join with the other municipalities in demanding that FERC order the immediate cessation of construction work on the station.

“The Town has continued to raise concerns regarding the public health and safety impacts the construction of the compressor station will have on our residents and remain committed to stopping construction,” Mayor Kokoros said.”
» Read article     

tossed for now
Mayor Hedlund: Court ruling won’t stop compressor project
By Jessica Trufant, The Patriot Ledger
June 3, 202
0

WEYMOUTH — While it could delay the project from coming online and cost the gas company money, Mayor Robert Hedlund said a federal appeals court decision to throw out an air permit issued by state regulators will not stop ongoing construction of a natural gas compressor station on the banks of the Fore River.

The U.S. Court of Appeals for the First Circuit on Wednesday overturned the air permit for the natural gas compressor station Enbridge is currently building in North Weymouth, ordering the state Department of Environmental Protection to conduct a new analysis of what would be the best available control technology to limit air pollution.

Judge William Kayatta in his decision said the state did not follow its own procedures when it approved a gas turbine, rather than an electric motor, to cut emissions at the station. The state will need to hold proceedings regarding the control-technology for the project.
» Read article     

» More about the Weymouth compressor station

PIPELINES

still no fast-track
Fast-Track Permits Stay Blocked for Keystone XL, Other Pipes
By Ellen M. Gilmer, Bloomberg Law
May 28, 2020

The Ninth Circuit delivered a major blow to the energy industry Thursday, refusing to freeze a lower court’s decision to block a streamlined permit for Keystone XL and other pipelines.

The Trump administration and energy industry players lost their bid to sideline the ruling, which bars the Army Corps of Engineers from using a fast-track water permitting approach for new oil and gas lines.

The U.S. Court of Appeals for the Ninth Circuit said the government and energy companies “have not demonstrated a sufficient likelihood of success on the merits and probability of irreparable harm to warrant a stay pending appeal.”

Barring any Ninth Circuit reconsideration or a successful petition to the Supreme Court, the decision means the streamlined permitting process will remain off-limits for new pipelines while the parties file briefs and argue the broader appeal to the Ninth Circuit—a process that takes months.
» Read article     

» More about pipelines

ENVIRONMENTAL PROTECTION AGENCY

401 reg rollbackClean Water Act Rollback: Trump’s EPA Limits States’ and Tribes’ Rights to Block Pipelines
By Olivia Rosane, EcoWatch
June 2, 2020

The Trump administration has finalized a rule making it harder for states and tribal communities to block pipelines and other infrastructure projects that threaten waterways.

The change concerns Section 401 of the Clean Water Act, which essentially gives states and tribes veto power over projects that would hurt their water quality, The Hill explained. The changes, announced by the Environmental Protection Agency (EPA) Monday, give states and tribes a one-year deadline for reviewing projects and narrow the scope of what they can consider to only water issues, The New York Times reported. They may no longer block projects because they would contribute to the climate crisis.
» Read article     
» Read the NY Times article        

new look same villain
E.P.A. Limits States’ Power to Oppose Pipelines and Other Energy Projects
The agency tweaked the rules on how to apply the Clean Water Act, which New York and other states have used to fight fossil-fuel ventures.
By Lisa Friedman, New York Times
June 1, 2020

WASHINGTON — The Environmental Protection Agency on Monday announced that it had limited states’ ability to block the construction of energy infrastructure projects, part of the Trump administration’s goal of promoting gas pipelines, coal terminals and other fossil fuel development.

The completed rule curtails sections of the U.S. Clean Water Act that New York has used to block an interstate gas pipeline, and Washington employed to oppose a coal export terminal. The move is expected to set up a legal clash with Democratic governors who have sought to block fossil fuel projects.

Specifically, it limits to one year the amount of time states and tribes can take to review a project and restricts states to taking water quality only into consideration when judging permits. The Trump administration has accused some states of blocking projects for reasons that go beyond clean water considerations, such as climate change impacts.
» Read article     

EPA’s new rule limits states’ ability to regulate pipelines under the Clean Water Act
By Susan Phillips, NPR
June 1, 2020   

A new EPA rule reverses 50 years of practice under the Clean Water Act by diminishing a state’s ability to reject large energy infrastructure projects like interstate pipelines.

It requires states to make decisions within a year on water quality permits related to those projects. Yet states have limited resources to conduct the necessary reviews of such large and complicated projects in that time, and are dependent upon companies providing timely information. As seen with Sunoco’s Mariner East project, permit applications repeatedly fell short of Pennsylvania Department of Environmental Protection’s requirements to review whether the project would preserve water quality.

A wave of new pipeline projects designed to transport shale gas, as well as shale oil and tar sands oil across state lines, has generated massive environmental opposition. One of the few avenues of influence states have over those projects are water pollution permits under section 401 of the federal Clean Water Act. Although the CWA is a federal environmental rule, states and some tribes have enforcement authority.

The new rule stems from an executive order issued by President Trump in April 2019 entitled “Promoting Energy Infrastructure and Economic Growth.”  When he issued that order, Trump called the federal guidance “outdated” and said it was “causing confusion and uncertainty” and hindering development of energy infrastructure.

But lawsuits challenging the constitutionality of the move are sure to follow. Environmental lawyers say it undermines the power of the states to enforce the Clean Water Act that was outlined by Congress when the law was passed in 1972.

“The Trump Administration is trying to re-write the Clean Water Act,” said Maya van Rossum of the Delaware Riverkeeper Network. “This is an absolutely unveiled effort to rob the states of their legal authority protected under the Clean Water Act when it comes to pipelines.”
» Read article     

» More about the EPA

GREENING THE ECONOMY

NEPA bypass EO‘Another Blow to the Black Community’: Trump Waives Environmental Law That Gives Public a Voice in Infrastructure Projects
By Olivia Rosane, EcoWatch
June 5, 2020

President Donald Trump signed an executive order Thursday mandating federal agencies bypass key environmental reviews of energy and infrastructure projects.

Trump said the rule was designed to stimulate the economy in response to the coronavirus pandemic, but critics say the move will disproportionately impact communities of color amidst ongoing national protests following the police murders of George Floyd, Breonna Taylor and many other Black Americans. The order instructs agencies to work around the National Environmental Policy Act (NEPA), which gives communities a chance to weigh in on projects that would impact them, as NPR explained. Fossil fuel projects and highways tend to have a greater effect on Black and Brown communities, as HuffPost pointed out.

“Today President Trump is dealing another blow to the Black community, during a worldwide pandemic and nearly a week into nationwide Black Lives Matter protests against police brutality and structural racism,” House Natural Resources Chairman Raúl M. Grijalva (D-Ariz.) said in a statement reported by HuffPost. “Gutting NEPA takes away one of the few tools communities of color have to protect themselves and make their voices heard on federal decisions impacting them.”
Blog editor’s note: We try to provide examples in this section of movements and policies that benefit future generations and provide hope for those frustrated and alarmed by the status quo. This and the following article is the opposite: a reminder that we are engaged right now in a struggle for that brighter future and the outcome is not yet determined. Your actions matter.
» Read article     
» Read the Executive Order        

one trick pony
Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
Critics said the move to speed pipeline construction would harm minority communities. But one legal expert said the order would be “a sitting duck” in court.
By Marianne Lavelle, InsideClimate News
June 5, 2020

With the nation convulsed by multiple crises, President Donald Trump returned to a favorite stand-by of his presidency—asserting his authority to sweep aside environmental restraints and speed up construction of oil and gas pipelines.

But the executive order that he signed Thursday night—the third of his presidency aimed at expediting pipelines—is destined to spur more of the type of litigation that has rendered his previous directives ineffective so far.

The White House invoked the same legal authority the president has to expedite hurricane and flood response actions to declare an “economic emergency,” that requires the waiving of environmental reviews and other regulations.
» Read article     

AG Healey planning ahead
Healey calls for orderly transition away from natural gas
Petition raises host of questions that need to be answered
By Bruce Mohl, Commonwealth Magazine
June 4, 2020

ATTORNEY GENERAL MAURA HEALEY petitioned the Department of Public Utilities on Thursday to investigate how the state’s natural gas utilities should transition to a future where the fuel they are selling no longer fits in with the state’s carbon emission goals.

Massachusetts has set a goal of zero carbon emissions by 2050, and Healey argues the state, natural gas utilities, and their customers need to start planning. The petition said California and New York have already launched similar investigations.

“As electrification and decarbonization of heating increases, the Commonwealth’s natural gas demand and usage from thermal heating requirements will decline substantially and could be near zero by 2050,” the petition says. “As the Commonwealth reduces its fossil fuel consumption, the Department should establish a consistent regulatory framework that protects customers and maintains reliability and safety during the transition.”

Healey recommended the investigation be conducted in two phases – one phase focusing on utility forecasts about their role in a decarbonized economy and the second on the policies needed to reach the state’s emission mandates. Her petition raises a host of questions that need to be answered, including whether renewable natural gas (gas made from cow manure) has potential.

The attorney general’s petition comes at a time when environmental advocates are pressing for a reduction in natural gas usage even as industry officials say the fuel is cheap, plentiful, and gaining market share.
» Read article     
» Read the AG’s press release        
» Read the petition   

racism and climate
As Protests Rage Over George Floyd’s Death, Climate Activists Embrace Racial Justice
Friends of the Earth tweeted #BlackLivesMatter, and the head of the NRDC promised “to be fully and visibly committed to the fight against systemic racism.”
By ILANA COHEN, EVELYN NIEVES, JUDY FAHYS, MARIANNE LAVELLE, JAMES BRUGGERS, InsideClimate News
June 3, 2020

When New York Communities for Change helped lead a demonstration of 500 on Monday in Brooklyn to protest George Floyd’s killing in Minneapolis, the grassroots group’s activism spoke to a long-standing link between police violence against African Americans and environmental justice.

Elizabeth Yeampierre, executive director of UPROSE, Brooklyn’s oldest Latino community-based organization, said she considers showing up to fight police brutality and racial violence integral to her climate change activism.

Bronx Climate Justice North, another grassroots group, says on its website: “Without a focus on correcting injustice, work on climate change addresses only symptoms, and not root causes.”
» Read article     

push and pull
Covid-19 has given us the chance to build a low-carbon future
Lockdown won’t save the world from warming, but the pandemic is an opportunity to pursue a green economic recovery
By Christiana Figueres, The Guardian
June 1, 2020

The recovery packages designed and implemented by governments to rescue the ailing global economy could rise as high as $20tn over the next 18 months. The scale of this stimulus will shape the contours of the global economy over the next decade, if not longer. This is precisely the decade when climate scientists have warned global emissions will need to be cut by half in order to reach a sustainable trajectory. In the midst of the crisis wreaked by the pandemic is an opportunity: to ensure rescue packages don’t merely recover the high carbon economy of yesterday, but help us build a healthier economy that is low on carbon, high in resilience and centred on human wellbeing.

The case for rebuilding our economies in line with environmental targets has broad public support. A recent poll from Ipsos Mori shows that 71% of the global population understands that climate change is as at least as serious a crisis as Covid-19, and 65% think the former should be prioritised in the economic recovery. This is not only in industrialised countries that can more easily afford to green their economies; 81% of the citizens in India and 80% of people from Mexico were also strongly in favour of a green and healthy economic recovery.

A growing number of corporate leaders are also calling for government stimulus packages to have green strings attached. In the UK, the call from a group of major business leaders for the government to embrace a green recovery was answered by the prime minister’s statement that the UK’s commitment to delivering net zero emissions “remains undiminished”. In Europe, 180 business leaders, policymakers and researchers explicitly urged the EU to build the recovery package around the Green Deal. Meanwhile the Spanish government recently released a draft law banning all new coal, oil and gas projects, establishing the direction of the Covid-19 recovery effort. In Canada, more than 320 signatories representing more than 2,100 companies have signed on to support a resilient recovery.

But it’s not all good news. For every corporate actor that has shown a commitment to greening the economy, there are many that haven’t adhered to these values. Some have used the crisis as an opportunity to roll back environmental commitments or push through controversial projects and laws. Plastic companies in the US have lobbied to reverse single-use plastic laws, while three states have criminalised environmental protest. In Europe, car manufacturers are pushing to loosen emissions standards; globally, airlines are lobbying to stop using 2020 as a baseline emissions year, and China has announced it will loosen environmental legislation to boost the post-coronavirus recovery.

This is the moment to raise voices everywhere and remind leaders of their chief responsibility: protecting their citizens and putting human wellbeing at the centre of the decision-making process.
» Read article     

CA conundrum
How Should California Wind Down Its Fossil Fuel Industry?
California has long had it both ways: pursuing green ambitions while remaining a major oil-producing state. Pressure to change is building.
By Justin Gerdes, GreenTech Media
June 01, 2020

California’s energy past is on a collision course with its future.

Think of major oil-producing U.S. states, and Texas, Alaska, or North Dakota probably come to mind. Although its position relative to other states has been falling for 20 years, California remains the seventh largest oil-producing state, with 162 million barrels of crude coming up in 2018, translating to tax revenue and jobs.

At the same time, California leads the nation in solar rooftops and electric vehicles on the road by a wide margin, and ranks fifth in installed wind capacity. Clean energy is the state’s future. By law, California must have 100 percent carbon-free electricity by 2045, and an executive order signed by former Governor Jerry Brown calls for economywide carbon neutrality by the same year.

So how can the state reconcile its divergent energy path? How should green-minded lawmakers wind down California’s oil and gas sector in a way that aligns with the state’s long-term climate targets while providing a just transition for the industry’s workforce?

Any efforts to reduce fossil fuel supply must run parallel to aggressive demand-reduction measures such as California’s push to have 5 million zero-emission vehicles on the road by 2030, said Ethan Elkind, director of Berkeley Law’s climate program. After all, if oil demand in California remains strong, crude from outside the state will simply fill the void.
» Read article     

just transition chartCountries need to phase out fossil fuels. Here’s how to do it fairly.
Staying within climate limits requires restricting fossil fuel extraction as well as demand. But where and how should it be restricted? Our new paper proposes five principles for equitably managing a phase-out of extraction.
By Greg Muttitt and Sivan Kartha, Oil Change International, blog post
June 1, 2020

The COVID-19 pandemic has shaken up the global energy economy. Wealthy countries have scrambled to support their own fossil fuel industries: Another tar sands pipeline bought with public money in Canada. Bailout funds earmarked for oil and coal companies in the United States. New oil tax reliefs in Norway.

Meanwhile, poor countries are reeling. Nigeria, facing cuts of 25% to government spending, will now fall deeper into debt to pay for dealing with the COVID-19 crisis. Iraq’s salaries and social benefits – which depend on oil revenues for 90% of their funding –  will inevitably be slashed this year. And Ecuador, hobbled by budget cuts, has struggled even to bury the dead.

This contrast of Northern governments propping up oil companies, while Southern societies face devastating disruption, shows the perversities of an energy transition that is unmanaged, unjust, and unsustainable.

So what would a sustainable and just energy transition look like? Our new study – published this week in the peer-reviewed journal Climate Policy – aims to answer that.
» Read article     
» Read the study        

no jobs on a dead planet
Economic Giants Are Restarting. Here’s What It Means for Climate Change.
Want to know whether the world can avert catastrophe? Watch the recovery plans coming out now in Europe, China and the United States.
By Somini Sengupta, New York Times
May 29, 2020

As countries begin rolling out plans to restart their economies after the brutal shock inflicted by the coronavirus pandemic, the three biggest producers of planet-warming gases — the European Union, the United States and China — are writing scripts that push humanity in very different directions.

Europe this week laid out a vision of a green future, with a proposed recovery package worth more than $800 billion that would transition away from fossil fuels and put people to work making old buildings energy-efficient.

In the United States, the White House is steadily slashing environmental protections and Republicans are using the Green New Deal as a political cudgel against their opponents.

China has given a green light to build new coal plants but it also declined to set specific economic growth targets for this year, a move that came as a relief to environmentalists because it reduces the pressure to turn up the country’s industrial machine quickly.
» Read article     

» More about greening the economy       

CLIMATE

23 million year recordAtmospheric Carbon Dioxide Levels Are at Their Highest in 23 Million Years
By Madison Dapcevich, EcoWatch
June 4, 2020

Human activity has pushed atmospheric carbon dioxide to higher levels today than they have been at any other point in the last 23-million-years, potentially posing unprecedented disruptions in ecosystems across the planet, new research suggests.

Understanding atmospheric concentrations of CO2 is “vital for understanding Earth’s climate system” because it “imparts a controlling effect on global temperatures,” said scientists in a study published in Geology.

Previous measurements have turned to ice cores to determine CO2 levels present in the atmosphere throughout Earth’s history, but have only pieced together the last 800,000 years. To expand upon this record, researchers at the University of Louisiana at Lafayette used fossilized remains of ancient plant tissue to produce a record of atmospheric CO2 dating back 31 million years of “uninterrupted Earth history.”
» Read article     
» Read research paper

deforestation Alto Paraiso 2001
deforestation Alto Paraiso 2019
‘Going in the Wrong Direction’: More Tropical Forest Loss in 2019
Brazil was responsible for more than a third of the total global loss in 2019.
By Henry Fountain, New York Times
June 2, 2020

Destruction of tropical forests worldwide increased last year, led again by Brazil, which was responsible for more than a third of the total, and where deforestation of the Amazon through clear-cutting appears to be on the rise under the pro-development policies of the country’s president.

The worldwide total loss of old-growth, or primary, tropical forest — 9.3 million acres, an area nearly the size of Switzerland — was about 3 percent higher than 2018 and the third largest since 2002. Only 2016 and 2017 were worse, when heat and drought led to record fires and deforestation, especially in Brazil.
» Read article     

zombie firesZombie Fires Could Be Awakening in the Arctic
By Mark Kaufman, EcoWatch
June 1, 2020

Some fires won’t die. They survive underground during the winter and then reemerge the following spring, as documented in places like Alaska. They’re called “overwintering,” “holdover,” or “zombie” fires, and they may have now awoken in the Arctic Circle — a fast-warming region that experienced unprecedented fires in 2019. The European Union’s Copernicus Atmosphere Monitoring Service is now watching these fires, via satellite.

Zombie fires smolder underground for months, notably in dense peatlands (wetlands composed of ancient, decomposed plants), and then flare-up when it grows warmer and drier. “Zombie” is fitting.

“It really does describe what these fires do,” said Thomas Smith, an assistant professor in environmental geography at the London School of Economics. “They recover and they’re difficult to kill.”

In April, two snowmachine-riding fire technicians found a zombie fire still smoldering near Willow, Alaska. The fire started in August 2019.

This smoldering can quickly escalate to new blazes. “Zombie fires start burning as soon as the snow melts,” said Jessica McCarty, an Arctic fire researcher and assistant professor in the Department of Geography at Miami University.
» Read article     

» More about climate

ENERGY EFFICIENCY

old and leaky
Renovation firms’ stock rises on EU ‘green recovery’ boost
By Kate Abnett, Reuters
May 29, 2020

BRUSSELS (Reuters) – A pledge from European policy-makers to pour funds into energy-saving refurbishments of old, draughty buildings has boosted the outlook for the green construction sector as it seeks to shake off the impact of the coronavirus, fund managers said.

Buildings absorb 40% of energy consumed in Europe – much of it produced by fossil fuels – threatening the European Commission’s push to cut net European Union emissions to zero by 2050.

The European executive’s stimulus package unveiled on Wednesday to battle the pandemic’s economic fall-out, resolved to fix this.

Investors said the prospect of EU support made firms specialising in renovations more attractive.

It signals “a significant change in terms of the potential growth rates of those companies,” Charlie Thomas, head of strategy and sustainability at London-based Jupiter Asset Management, told Reuters.
» Read article     

» More about energy efficiency      

ENERGY EFFICIENCY

building electrification series
So, What Exactly Is Building Electrification?
Only one of the most important pieces of the decarbonization puzzle. A new GTM series helps explain the weird and wonderful world of clean energy.
By Justin Gerdes, GreenTech Media
June 5, 2020

Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energy industry’s most popular buzzwords?

Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices. And they consume fossil fuels such as natural gas or propane to power furnaces, boilers, and water heaters.

That persistent reliance on fossil fuels makes buildings one of the largest sources of planet-warming pollution. In the United States, buildings account for roughly 40 percent of the country’s energy use and greenhouse gas emissions, and nearly half of homes rely on natural gas as their primary heating fuel.

“Building electrification,” “beneficial electrification,” or “building decarbonization” all describe shifting to use electricity rather than fossil fuels for heating and cooking. The goal of such a transition: all-electric buildings powered by solar, wind, and other sources of zero-carbon electricity.
» Read article     

NERA taking flakUtilities stay silent on proposal to federalize net metering as states call it a ‘threat’ to solar policy
By Catherine Morehouse, Utility Dive
June 4, 2020

Opposition is growing against a proposal that would effectively allow any customer-sited generation to be subject to federal regulation, and it’s unclear who outside the petitioner will support the proposal.

States have been particularly vocal in their opposition to the NERA petition, joined by Democratic federal lawmakers, clean energy advocates and others. Power trade associations, including Edison Electric Institute, Electric Power Supply Association and American Public Power Association have stayed largely quite thus far on how they’ll weigh in.

“APPA is still developing its response to the petition and receiving input from members,” John McCaffrey, senior regulatory counsel for APPA said Wednesday during the webinar, though public power utilities across the country do have net metering programs that would be “jeopardized” by the NERA filing.

“At a very high level, when it comes to distributed energy resources, generally APPA has consistently supported policies that allow decisions to be made at the local level,” he said, adding that “granting the petition would be essentially the opposite of that position.”

EPSA said it’s also still developing its response to the petition and EEI did not respond to a request for comment.
» Read article    

Floaty McFloatface
A New Weapon Against Climate Change May Float
The wind power industry sees an opportunity in allowing windmills to be pushed into deeper water.
By Stanley Reed, New York Times
June 4, 2020

Generating electricity from wind began on land, but developers, led by Orsted of Denmark, started venturing into the sea in the early 1990s as they sought wide-open spaces and to escape the objections of neighbors to having a twirling monster next door.

Three decades later, offshore is now the fastest-growing segment of the wind business, but marine wind farms have been limited to water shallow enough to allow turbines to sit on piles or other supports on the sea bottom. About 200 feet in depth is the outer limit for such devices, people in the industry say.

If platforms could be put almost anywhere at sea, “we can go to areas where we have never before harnessed the wind,” said José Pinheiro, the project director of WindFloat Atlantic.

How large a weapon in the battle against climate change could this industry become? Analysts at the International Energy Agency, a Paris-based group, estimated that if floating technology were widely adopted, the industry would have the technical potential to eventually supply the equivalent of 11 times the world’s demand for electric power. Electricity generation is both a source of emissions and a potential means of reducing them. Many analysts say that powering everything from cars to factories with clean electricity will need to play a big role in achieving climate goals.
» Read article     

NGrid slow jamNational Grid Releases Latest Results on Massachusetts Distributed Solar ‘Cluster’ Study
Most, but not all, of the studied solar projects can move forward without added cost.
By Emma Foehringer Merchant, GreenTech Media
May 29, 2020

National Grid on Friday released results of the second phase of an extended solar interconnection study that has entangled nearly 1 gigawatt of projects in Massachusetts over the last year, and stymied development for some.

Over 300 megawatts of projects may move forward without additional costs, the utility said, while another 90 megawatts of distributed solar projects will require developers to shoulder some transmission-level investments in order to connect projects to the grid.

Those extra costs range from less than $1 million for a group of five projects up to a maximum of $75 million for another set of 12 projects that total 45.8 megawatts. National Grid estimated the latter group would need to wait five to seven years to interconnect while those updates happen.

The significant costs and extended timeline will almost certainly push developers to drop projects in that 45.8-megawatt group, said Austin Perea, a senior solar analyst at Wood Mackenzie Power & Renewables. Already, attrition has shrunk the second phase of the study from 565 megawatts last August to its current total of 391 megawatts.
» Read article     

» More about clean energy

ENERGY STORAGE

bring yer own
Green Mountain Power expands BYOD and Tesla battery programs as it targets fossil peakers
By Iulia Gheorghiu, Utility Dive
May 26, 2020

Vermont regulators approved on Wednesday a Green Mountain Power program that offers rates for customer-sited battery storage, including a bring your own device (BYOD) option.

Starting June 5, customers can enroll in GMP’s Tesla Powerwall program or subscribe to rates with their own storage system for the next 15 years, based on GMP’s previous pilots. The utility claims to be the first in the country to use customer-sited stored energy to lower peak energy use across its system, lowering costs for all customers.

GMP has 13 to 14 MW of distributed, small-scale residential batteries on its grid, and about 100 MW of peaking facilities, [Josh Castonguay, chief officer of innovation at GMP] said. The utility partnered with Tesla nearly five years ago, to unlock the potential of small-scale storage to address energy demand peaks, but discussions with local installers led to the creation of a BYOD pilot and program as well.

The BYOD tariff could add up to 5 MW of stored energy annually. On the Tesla Powerwall partnership, the utility would add up to 1,000 Powerwall batteries per year, totaling 5 MW and just over 13 MWh.
» Read article     

battery storage on landfills
Landfills emerge as promising battery storage sites to back up renewable energy
Like solar panels, batteries may present a new revenue stream for closed landfills. Projects are complete, or underway, in multiple states.
By Matthew Bandyk, Utility Dive
May 26, 2020

Solar panel installations have been one of the fastest-growing types of energy infrastructure in recent years and landfills have become fitting sites due to the sheer amount of land required. Now, for many of the same reasons, energy project developers are looking to landfills for a technology growing even faster than solar: battery storage.

States like California, New York and Massachusetts have embraced aggressive goals for reducing carbon emissions, requiring a quick transition to renewable energy as the primary source of electricity over the next several decades. That shift will require storage, such as large lithium-ion batteries, to compensate for the intermittency of wind and solar. Batteries can charge up from solar panels when the sun is shining, and then dispatch that energy at other times — at night or on cloudy days — when the panels are not producing energy.
» Read article     

» More about energy storage

FOSSIL FUEL INDUSTRY

what authentic means
Is BP Really Changing? Or Is Its New Climate Message Just “Beyond Petroleum” All Over Again?
By Amy Westervelt, Drilled News
June 6, 2020

Bernard Looney has had a pretty wild first six months as the new CEO of BP. Just two months after taking the helm of the world’s fifth largest oil major, an international price war spilled over into a global pandemic, sending the price per barrel of oil into negative numbers for the first time ever.

Before all that, Looney had been gearing up to take on the issue everyone presumed would dominate his first few years: climate change. Or to put a finer point on it: balancing the need to act on climate change, or at least appear to be acting on climate change, with continuing to pay shareholders the dividends they expect. BP is on the hook for about $8 billion in dividends a year. The pandemic makes it that much harder to balance the two, but Looney is still talking as though leading the world’s transition to cleaner energy is his primary goal. Let’s take a closer look.

Looney’s repositioning of BP started with a February announcement that BP would achieve “net zero” carbon emissions by 2050. He also said that he planned to end the firm’s controversial “Keep Advancing” and “Possibilities Everywhere” ad campaigns, and swore off putting a fake green sheen on the company’s image forever more. These ads had been the focus of a suit filed in December 2019 against BP by the environmental law non-profit Client Earth, accusing the company of misleading consumers about not only its efforts to reduce emissions, but also the climate benefits of natural gas, and the need for it alongside renewables.
» Read article     

petrochem pausePandemic exposes cracks in oil majors’ bet on plastic
By Joe Brock, Reuters
June 4, 2020

SINGAPORE (Reuters) – The energy industry’s bet that a petrochemicals boom would support decades of oil and gas sales growth is on shaky ground as an already saturated plastic market is hit by a coronavirus demand shock.

While soaring demand for personal protective equipment and takeaway food containers has boosted sales of some plastics, it is likely to be only a temporary spike, say analysts.

In the longer term, a virus-led hit to economic growth in Asian, African and Latin American markets threatens demand at a time when the industry is already facing bans on single-use plastic that are spreading across the world.

Plastic resin prices, which have been declining over the past two years, have plunged further since the coronavirus hit, an added challenge for investments of hundreds of billions of dollars in petrochemical capacity over the past decade.

“The petrochemicals world has been hit by a double whammy,” said Utpal Sheth, Executive Director, Chemical and Plastics Insights at data firm IHS Markit.

“Capital investment has been slashed by all companies. This will delay the projects under construction and new projects.”
» Read article     

crashable
Coronavirus crisis could cause $25tn fossil fuel industry collapse
Value of reserves could fall by two-thirds as Covid-19 hastens peak in demand, study shows
By Jillian Ambrose, The Guardian
June 3, 2020

The coronavirus outbreak could trigger a $25tn (£20tn) collapse in the fossil fuel industry by accelerating a terminal decline for the world’s most polluting companies.

A study has found that the value of the world’s fossil fuel reserves could fall by two-thirds, sooner than the industry expects, because the Covid-19 crisis has hastened the peak for oil, gas and coal demand.

The looming fossil fuel collapse could pose “a significant threat to global financial stability” by wiping out the market value of fossil fuel companies, according to financial thinktank Carbon Tracker.

The report predicts a 2% decline in demand for fossil fuels every year could cause the future profits of oil, gas and coal companies to collapse from an estimated $39tn to just $14tn.

It warns that a blow to fossil fuel companies could send shockwaves through the global economy because their market value makes up a quarter of the world’s equity markets and they owe trillions of dollars to the world’s banks.
» Read article     

» More about fossil fuels

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


» Learn more about Pipeline projects
» Learn more about other proposed energy infrastructure
» Sign up for the NFGiM Newsletter for events, news and actions you can take
» DONATE to help keep our efforts going!