Tag Archives: oil price

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 3/27/20

WNCI-9

Welcome back.

The coronavirus pandemic is forcing most protests and actions online. Globally, environmental groups are getting creative with social media to maintain community connections and momentum.

One of this week’s biggest news stories features the Dakota Access Pipeline. Federal Judge James E. Boasberg threw out the project’s environmental permits, finding that the Army Corps of Engineers failed to conduct an adequate environmental review. He will next consider whether flow through the pipeline must stop while proper studies are conducted over the next several years. This is a huge victory for the Standing Rock Sioux tribe of North Dakota, who courageously resisted the pipeline’s construction and have continued the fight in court.

The fossil fuel divestment movement is actively targeting investment banks that are the industry’s lifeblood. We offer a recent Guardian article that calls out the biggest players.

Climate science is expected to suffer from the effects of this pandemic, as many projects have scaled back, or suffered interruptions as scientists take necessary precautions. Also on the climate front, we found another interesting article about how lingering stores of banned CFC chemicals are still affecting Earth’s ozone layer and driving climate change.

We expect the pandemic to create serious near-term challenges in the deployment of clean energy. For happier stories, check out the clean transportation and energy storage sections.

News on the fossil fuel industry includes articles about the current global oil & gas glut, which have dramatically depressed prices. The US fracking industry was already in terrible financial condition. Since fracking and plastics are directly connected, this evolving business climate has resulted in significant downgrading of plans to make Appalachia the future U.S. center for petrochemical production.

Finally, plastics bans are under assault, as boosters for single-use bags argue that reusable bags can be a source of contagion, placing grocery workers and others at higher risk of contracting COVID-19.

— The NFGiM Team

PROTESTS AND ACTIONS

take it online
Coronavirus Halts Street Protests, but Climate Activists Have a Plan
By Shola Lawal, New York Times
March 19, 2020

The coronavirus outbreak has prompted climate activists to abandon public demonstrations, one of their most powerful tools for raising public awareness, and shift to online protests.

This week, for example, organizers of the Fridays for Future protests are advising people to stay off the streets and post photos and messages on social media in a wave of digital strikes.

“We are people who listen to the scientists and it would be hypocritical of us to not treat this as a crisis,” said Saoi O’Connor, a 17-year-old Fridays for Future organizer from Cork, Ireland.

Greta Thunberg, the 17-year-old Swedish activist who inspired the Friday youth protest group, last week stayed at home and tweeted a photo of herself and her two dogs, with a message calling on protesters to “take it online.”
» Read article       

» More about protests and actions     

OTHER PIPELINES

honor the treaties
Dakota access pipeline: court strikes down permits in victory for Standing Rock Sioux
Army corps of engineers ordered to conduct full environmental review, which could take years
By Nina Lakhani, The Guardian
March 25, 2020

The future of the controversial Dakota Access pipeline has been thrown into question after a federal court on Wednesday struck down its permits and ordered a comprehensive environmental review.

The US army corps of engineers was ordered to conduct a full environmental impact statement (EIS), after the Washington DC court ruled that existing permits violated the National Environmental Policy Act (Nepa).

The ruling is a huge victory for the Standing Rock Sioux tribe of North Dakota, which rallied support from across the world and sued the US government in a campaign to stop the environmentally risky pipeline being built on tribal lands.
» Read article
» Read court’s decision

water is life
Federal Judge Tosses Dakota Access Pipeline Permits, Orders Full Environmental Review
By Sharon Kelly, DeSmog Blog
March 25, 2020

Today, a federal judge tossed out federal permits for the Dakota Access pipeline (DAPL), built to carry over half a million barrels of Bakken crude oil a day from North Dakota, and ordered the U.S. Army Corps of Engineers to conduct a full environmental review of the pipeline project.

U.S. District Judge James E. Boasberg indicated that he would next consider whether to shut down the current flows of oil through DAPL while the environmental review is in process, ordering both sides to submit briefs on the question.

Representatives of the Standing Rock Sioux Tribe, plaintiffs in the lawsuit, welcomed today’s ruling.

“After years of commitment to defending our water and earth, we welcome this news of a significant legal win,” said Standing Rock Sioux Tribe Chairman Mike Faith. “It’s humbling to see how actions we took four years ago to defend our ancestral homeland continue to inspire national conversations about how our choices ultimately affect this planet. Perhaps in the wake of this court ruling the federal government will begin to catch on, too, starting by actually listening to us when we voice our concerns.”

The Dakota Access pipeline has been in service for nearly three years, following battles over the pipeline’s environmental impacts that raged for years.
» Read article       

Standing Rock court victory
‘Huge Victory’ for Standing Rock Sioux Tribe as Federal Court Rules DAPL Permits Violated Law
“This is what the tribe has been fighting for many months. Their fearless organizing continues to change the game.”
By Julia Conley, Common Dreams
March 25, 2020

A federal judge handed down a major victory for the Standing Rock Sioux tribe of North Dakota on Wednesday, ruling that the U.S. Army Corps of Engineers violated the National Environmental Policy Act by approving federal permits for the Dakota Access Pipeline.

The USACE must complete a full environmental impact study of the pipeline, including full consideration of concerns presented by the Standing Rock Tribe, the judge ruled. The tribe has asked the court to ultimately shut the pipeline down.

The court chastised the USACE for moving ahead with affirming the permits in 2016 and allowing the construction of the Dakota Access Pipeline (DAPL) crossing the Missouri River after President Donald Trump assumed office in 2017, without considering the expert analysis put forward by the tribe.
» Read article          

Pennsylvania’s orders to stem coronavirus outbreak pause several gas pipeline projects
By Maya Weber & Jason Lindquist, SP Global
March 25, 2020

Washington — Pennsylvania’s social-distancing orders prompted a temporary halt to construction of several natural gas pipeline projects in the state, but some developers were working to secure waivers to allow more work to continue.

The state, with its large shale deposits, also is home to a number of ongoing midstream projects meant to move gas to market.

After Pennsylvania Governor Tom Wolf late last week ordered all non-life-sustaining businesses to close, Energy Transfer was halting new construction on the Mariner East 2 project, but has since gained permission for limited activity, such as maintaining the right-of-way and work sites, and securing, stabilizing, and moving equipment.
» Read article       

» More about other pipelines         

DIVESTMENT

fossil money sources
Study: global banks ‘failing miserably’ on climate crisis by funneling trillions into fossil fuels
Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement
By Patrick Greenfield and Kalyeena Makortoff, The Guardian
March 18, 2020

The world’s largest investment banks have funnelled more than £2.2tn ($2.66tn) into fossil fuels since the Paris agreement, new figures show, prompting warnings they are failing to respond to the climate crisis.

The US bank JP Morgan Chase, whose economists warned that the climate crisis threatens the survival of humanity last month, has been the largest financier of fossil fuels in the four years since the agreement, providing over £220bn of financial services to extract oil, gas and coal.

Fracking has been the focus of intense business activity by investment banks since the Paris agreement, with JP Morgan Chase, Wells Fargo and Bank of America leading £241.53bn of financing, much of it linked to the Permian basin in Texas.

Johan Frijns, director of BankTrack, an NGO which monitors the activities of major financial institutions, said it was time for banks to commit to phasing out financing for all new fossil fuel projects.

“In the last year, banks have been queueing up to proclaim support for the goals of the Paris agreement. Both the Principles for Responsible Banking and the new Equator Principles, each signed by over a hundred banks, acknowledges the global climate goals. Yet the data in Banking on Climate Change 2020 show these laudable pledges making little difference, and bank financing for the fossil fuel industry continuing to lead us to the climate abyss,” he said.
» Read article       

» More about divestment       

CLIMATE

climate science disruptions
Coronavirus Already Hindering Climate Science, But the Worst Disruptions Are Likely Yet to Come
Early fallout includes canceled science missions and potential gaps in long-running climate records, while research budgets could take a hit in the long run.
By Bob Berwyn, InsideClimate News
March 27, 2020

Along with temporarily reducing greenhouse gas emissions and forcing climate activists to rethink how to sustain a movement built on street protests, the global response to the coronavirus pandemic is also disrupting climate science.

Many research missions and conferences scheduled for the next few months have been canceled, while the work of scientists already in the field has been complicated by travel restrictions, quarantines and other efforts to protect field researchers and remote indigenous populations from the pandemic.
» Read article       

banked CFCs
Long Phased-Out Refrigeration and Insulation Chemicals Still Widely in Use and Warming the Climate
New study concludes that “banked” CFCs have greenhouse gas impacts equal to all registered U.S. cars and slow the shrinking of the ozone hole.
By Phil McKenna, InsideClimate News
March 17, 2020

Starting decades ago, international governments phased out a class of chemical refrigerants that harmed the ozone layer and fueled global warming. Now, a new study indicates that the remaining volume of these chemicals, and the emissions they continue to release into the atmosphere, is far larger than previously thought.

The findings point to a lost opportunity to cut greenhouse gas emissions on a par with the annual emissions from all passenger vehicles in the United States, but also highlight a low-cost pathway to curb future warming, researchers say.

The study, published Tuesday in Nature Communications, looks at “banked” volumes of three leading chlorofluorocarbon (CFC) chemicals whose production is banned but remain in use today in older refrigeration and cooling systems and in foam insulation. CFCs were phased out of production in developed countries by 1996, and in developing countries by 2010, under the Montreal Protocol because of the leading role they played in creating the so-called “ozone hole” in the atmosphere.
» Read article
» Read study

» More about climate          

CLEAN ENERGY

coronavirus disrupts offshore wind
Inside Clean Energy: At a Critical Moment, the Coronavirus Threatens to Bring Offshore Wind to a Halt
The wind farms, in development off several East Coast states, are an essential part of how those states plan to meet emissions reduction targets.
By Dan Gearino, InsideClimate News
March 26, 2020

This was going to be the year that offshore wind energy made a giant leap in the United States. Then the coronavirus arrived.

An offshore wind trade group said its main concern is the health of its workers, but the group  also worries that the virus will slow or stop work throughout the chain of suppliers and other service providers.

This could be said for just about any industry, but offshore wind is different in that it is in a formative stage, with almost no projects up and running, and more than a dozen in various phases of development along the East Coast. As a result, the industry faces challenges much greater than simply pausing work in an established supply chain.
» Read article       

» More about clean energy       

CLEAN TRANSPORTATION

virus NOx out
Traffic and Pollution Plummet as U.S. Cities Shut Down for Coronavirus
By Brad Plumer and Nadja Popovich, New York Times
March 22, 2020

In cities across the United States, traffic on roads and highways has fallen dramatically over the past week as the coronavirus outbreak forces people to stay at home and everyday life grinds to a halt.

Pollution has dropped too.

A satellite that detects emissions in the atmosphere linked to cars and trucks shows huge declines in pollution over major metropolitan areas, including Los Angeles, Seattle, New York, Chicago and Atlanta.
» Read article       

electrified big rigs
Big Rigs Begin to Trade Diesel for Electric Motors
Tractor-trailer fleets will take time to electrify, and start-ups and established truck makers are racing to get their models on the road.
By Susan Carpenter, New York Times
March 19, 2020

Two years ago, the [Freightliner] eCascadia was nothing more than a PowerPoint presentation — a virtual rendering to expedite a diesel stalwart into a zero-emissions future for goods movement. Now it’s one of several competing models, from start-ups as well as established truck makers, that are gearing up for production next year with real-world testing. Orders have poured in, from companies eager to shave operating costs and curb emissions, for trucks that won’t see roads for months or even years.

Volvo Trucks North America announced this year that it would test 23 of its VNR battery-electric heavy-duty trucks in and out of the Ports of Los Angeles and Long Beach. The Washington-based truck maker Kenworth is already there, operating the beginnings of Project Portal, a 10-truck fleet of semis powered with hydrogen fuel cells. And Daimler Trucks North America is making deliveries in 20 of its preproduction eCascadias with two partner companies, Penske Truck Leasing and NFI.

“We want them quicker than the manufacturers can produce them,” said NFI’s president, Ike Brown. NFI, a freight hauler based in New Jersey, has been operating 10 eCascadias between the port complex, the country’s busiest, and its warehouse in Chino, 50 miles inland.

Mr. Brown’s company makes regional deliveries using a fleet of 4,500 mostly diesel trucks. With a defined daily route of about 250 miles, and trucks that return to the same place every night to recharge, electric trucks “just make sense,” Mr. Brown said.
» Read article       

Tesla catches fire in Europe
Tesla’s Success in Europe Catches Industry Off Guard
The Model 3 outsold some of the most popular luxury models in recent months. BMW, Mercedes and Audi risk missing the transition to electric cars.
By Jack Ewing, New York Times
March 4, 2020

FRANKFURT — Until recently European auto executives regarded Tesla with something like bemusement. The electric car upstart from California was burning cash, struggling with production problems, and hedge funds were betting it would fail.

The car executives are not laughing anymore. Almost overnight, the Tesla Model 3 has become one of the best-selling cars in Europe. In December, only the Volkswagen Golf and Renault Clio sold more, according to data compiled by JATO Dynamics, a market research firm.

Tesla’s surge, assuming it proves sustainable, raises questions about whether traditional carmakers like Volkswagen and Mercedes-Benz are in danger of missing a striking shift in automotive technology. Despite plenty of warning, they are only beginning to introduce competing electric vehicles.
» Read article       

» More about clean transportation       

ENERGY STORAGE

lead-acid makeover
Lead batteries make innovation push to better compete for energy storage projects
By Matthew Bandyk, Utility Dive
March 19, 2020

Lead-acid batteries are already a multi-billion-dollar industry and are widely-used in automotive and industrial applications. But for the power sector, they are a small player relative to lithium-ion batteries, which make up over 90% of the global grid battery storage market. One reason for their fast growth is cost — lithium-ion batteries have an estimated project cost of $469 per kWh, compared to $549 per kWh for lead-acid, according to the U.S. Department of Energy’s 2019 Energy Storage Technology and Cost Characterization Report.

But at $260 per kWh, lead batteries themselves already have lower capital costs than lithium-ion, which is at $271 per kWh, the DOE report found. If further research can get lead batteries to hit the goal of an average of 5,000 cycles over their lives by 2022, then the technology could be able to reach the DOE’s target of operational costs of 3 cents per cycle per kWh, Raiford said, a milestone that no battery chemistry has consistently reached.
» Read article      
» Read report

» More about energy storage        

FOSSIL FUEL INDUSTRY

sloshy
A Gusher of Oil and Fewer Places to Put It
A chaotic mismatch between the supply and demand for oil is saturating the world’s ability to store it all.
By Stanley Reed, New York Times
March 26, 2020

The world is awash in crude oil, and is slowly running out of places to put it.

Massive, round storage tanks in places like Trieste, Italy, and the United Arab Emirates are filling up. Vast caves in Louisiana and Texas that hold the U.S. Strategic Petroleum Reserve are being topped up. Over 80 huge tankers, each holding up to 80 million gallons, are anchored off Texas, Scotland and elsewhere, with no particular place to go.

The world doesn’t need all this oil. The coronavirus pandemic has strangled the world’s economies, silenced factories and grounded airlines, cutting the need for fuel. But Saudi Arabia, the world’s largest producer, is locked in a price war with rival Russia and is determined to keep raising production.
» Read article       

Unthinkable becomes thinkable as US shale industry ponders production cuts
By Andy Rowell, Oil Change International – Blog Post
March 23, 2020

The unthinkable could soon be thinkable. For years, emboldened by a brazenly pro-Big Oil President, the US shale industry has drilled and fracked, oblivious to the climate crisis, local communities, or whether they’re even generating value.

But as the global public health emergency worsens – Covid-19 – it appears to be reshaping energy policy in a way that was unthinkable just a few weeks ago. As travel and commercial activity slowed, oil demand has plummeted, and so has the oil price. The ensuing price war between Saudi Arabia and Russia has created the perfect storm for the already fragile US oil industry.
» Read article       

Project Tundra
North Dakota’s Carbon Capture Project Tundra Another “Expensive Greenwashing” Attempt to Bail Out Coal Power
By Laura Peterson, DeSmog Blog
March 21, 2020

Carbon capture technology has generated a lot of controversy–but little private investment–due to its lack of profitability and efficiency. So why is a proposal to retrofit an aging coal-powered plant in North Dakota with smokestack scrubbers receiving millions of federal taxpayer dollars?

Ask Senator John Hoeven (R-ND), who has directed more than $30 million in Department of Energy funding to Project Tundra.

The project would install a carbon capture system at the Milton R. Young Station, a two-unit plant that has run on lignite coal from the nearby Center Mine since it began operating in 1970. The captured carbon would then be piped to the Bakken region for injection into oil wells in a process known as Enhanced Oil Recovery.
» Read article      

drilling for C-19
American Oil Drillers Were Hanging On by a Thread. Then Came the Virus.
Energy companies were major issuers of junk bonds to finance expansion. But now they are in trouble as capital has dried up and oil prices have cratered.
By Matt Phillips and Clifford Krauss, New York Times
March 20, 2020

Wall Street supercharged America’s energy boom of the past decade by making it easy for oil companies to finance growth with cheap, borrowed money. Now, that partnership is in tatters as the coronavirus pandemic has driven the fastest collapse of oil prices in more than a generation.

The energy sector has buckled in recent weeks as the global demand for oil suddenly shriveled and oil prices plunged, setting off a price war between Saudi Arabia and Russia. Oil prices are now one-third their most recent high, trading as low as $24 a barrel, and could fall further.

The crisis has been a body blow to the American oil and gas industry. Already heavily indebted, many companies are now struggling to make interest payments on the debt they carry and are finding it challenging to raise new financing, which has gotten more expensive as traditional buyers of debt have vanished and risks to the oil industry have grown.
» Read article       

» More about fossil fuels       

THE PLASTICS / FRACKING CONNECTION

Belmont Cty Nevermind
Market Headwinds Buffet Appalachia’s Future as a Center for Petrochemicals
A proposed $5.7 billion ethane plant in Belmont County, Ohio, was seen as a likely casualty even before coronavirus cratered oil prices and collapsed the economy.
By James Bruggers, InsideClimate News
March 21, 2020

And in a new study, analysts at the Institute for Energy Economics and Financial Analysis (IEEFA), a nonprofit think tank that works toward a sustainable energy economy, have found that the plant faces a damaging, cumulative set of risks, all raising doubts about whether it will ever be financed.

The plant’s fate is seen by both the IEEFA and IHS Markit as a harbinger of trouble for the broader vision of Appalachia as a major petrochemical hub.  A string of significant setbacks and delays now seem more important amid the coronavirus pandemic, a crashing economy, cratering oil prices, slowing demand for plastics and what could be the final months of a fossil fuel-friendly Trump administration.

Activists who have been fighting fracking and the planned petrochemical boom say they hope the industry’s mounting woes, which are sure to be worsened by a coronavirus-related economic stall, will lead to a long enough pause for leaders to decide whether the nation’s former steel belt should continue to embrace another heavily polluting and fossil-fuel dependent industry.
» Read article      
» Read IEEFA study    

» More about the plastics / fracking connection   

PLASTICS BANS

bag the ban
In Coronavirus, Industry Sees Chance to Undo Plastic Bag Bans

By Hiroko Tabuchi, New York Times
March 26, 2020

They are “petri dishes for bacteria and carriers of harmful pathogens,” read one warning from a plastics industry group. They are “virus-laden.”

The group’s target? The reusable shopping bags that countless of Americans increasingly use instead of disposable plastic bags.

The plastic bag industry, battered by a wave of bans nationwide, is using the coronavirus crisis to try to block laws prohibiting single-use plastic. “We simply don’t want millions of Americans bringing germ-filled reusable bags into retail establishments putting the public and workers at risk,” an industry campaign that goes by the name Bag the Ban warned on Tuesday, quoting a Boston Herald column outlining some of the group’s talking points.

The Plastics Industry Association is also lobbying to quash plastic bag bans. Last week, it sent a letter to the United States Department of Health and Human Services requesting that the department publicly declare that banning single-use plastics during a pandemic is a health threat.
» Read article       

» More about plastics bans and alternatives      

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Weekly News Check-In 3/13/20

WNCI-6

Welcome back.

A lot of this week’s news relates to the widening effects of the COVID-19 pandemic. With public health a top priority, Weymouth Compressor Station opponents have begun to postpone some planned gatherings. You’ll see the virus take a lead role in articles throughout this post.

Opponents of the Granite Bridge Pipeline stood up and were counted at Exeter’s town meeting. Meanwhile, Greenpeace activists who blocked access to Houston’s oil port last September avoided felony charges for that unconventional act of protest.

We found some interesting examples of pending state and federal legislation. Even a quick scan of these articles offers insight about the support and opposition surrounding efforts to reduce greenhouse gas emissions. Our climate section underscores the urgency for action, including a recent report by the World Meteorological Organization that warns we’re falling far behind the emissions reduction schedule required to avoid the worst effects of global warming.

Clean transportation may benefit from General Motors’ recommitment to electric vehicles. The EV press is warily hopeful that the company is serious this time, since some of its past efforts have fallen short of the hype.

The fossil fuel industry is battered by low prices and falling demand at a time when fracking finances are already on shaky ground. At the same time, climate-related lawsuits multiply, advance, and demand a reckoning. Even so, the industry continues to wield incredible influence and remains a formidable barrier to meaningful action on climate change.

And last week, Rolling Stone published a big article calling out the plastics and fossil fuel industries for flooding the planet with forever-pollutants while working overtime to avoid shouldering the cleanup costs – passing those off to consumers and the environment. “More than half the plastic now on Earth has been created since 2002″….

— The NFGiM Team

WEYMOUTH COMPRESSOR STATION

gatherings discouraged
Coronavirus cancelations hit South Shore as residents, employers prepare
By Jessica Trufant, The Patriot Ledger, in Wicked Local Weymouth
March 10, 2020

Weymouth resident Andrea Honore planned to host a political meet-and-greet with candidate Brianna Wu and several dozen others at her house on March 25, but said she decided to postpone the event on Monday after seeing that the countries forcing quarantines and limiting gatherings are having some success controlling the disease.
» Read article

» More about the Weymouth compressor station

GRANITE BRIDGE PIPELINE

NH Primary Source: Exeter voters oppose Granite Bridge pipeline
By John DiStaso, WMUR News
March 12,  2020

TOWN MEETING VOTE. Exeter voters on Tuesday turned thumbs down on the proposed Granite Bridge natural gas pipeline project, which is currently under review by the state’s Public Utilities Commission.

The project calls for a $414 million, 27-mile, 16-inch pipeline and a liquified national gas storage tank in Epping. If approved by the PUC, the project would then be subject to review by the state Site Evaluation Committee. Consultants hired by the PUC opposed approval of the project last fall.

The plan calls for the pipeline to be located on state property along Route 101 from Exeter to Manchester, passing through Brentwood, Epping, Raymond, Candia and Auburn.

Although the communities affected have no veto power, Exeter residents voted by a 1,605-897 margin, approving a warrant article that asks town officials to express opposition to the project.
» Read article

» More about the Granite Bridge Pipeline

PROTESTS AND ACTIONS

hanging tough
Greenpeace Activists Avoid Felony Charges Following a Protest Near Houston’s Oil Port
Prosecutors in Harris County downgraded charges against a group of protesters to misdemeanors before a grand jury indictment Wednesday.
By Nicholas Kusnetz, InsideClimate News
March 6, 2020

Texas prosecutors downgraded charges filed against a group of Greenpeace activists on Wednesday, deferring a potential courtroom debate over a controversial new law the state passed last year.

More than two dozen protesters were arrested in September after several had dangled themselves off a bridge over the Houston Ship Channel, a vital conduit in one of the nation’s busiest oil ports.

The Harris County District Attorney’s office had originally charged the protesters with felonies under the new law, which imposes harsh penalties on anyone who disrupts energy infrastructure. But prosecutors changed the charges to misdemeanors on the same day that a grand jury indicted 23 of the protesters on those misdemeanors.
» Read article

» More about protests and direct action

LEGISLATION

misguided energy bill
Delayed Senate Energy Bill Promotes LNG Exports, ‘Clean Coal’ and Geoengineering
By Steve Horn, DeSmog Blog
March 11, 2020

The huge bipartisan energy bill currently stalled in the Senate would fast-track exports of fracked gas, offer over a billion dollars in subsidies to “clean coal” efforts and make available hundreds of millions in tax dollars for a geoengineering pilot project.

Called the the American Energy Innovation Act, the 600-page bill is a compilation of 50 bills previously introduced by members of Congress.

The legislation has thus far received bipartisan support because it contains subsidies for renewable energy sources including wind, solar, and geothermal. It also creates federal financial incentives for creating energy-efficient buildings and boosts funding for energy storage. For that, it has garnered lobbying support from the likes of the American Council on Renewable Energy, the Nature Conservancy, and the Environmental Defense Fund.

The act has garnered widespread fossil fuel industry approval from organizations such as the American Gas Association, American Petroleum Institute, industry front group the Consumer Energy Alliance, the petrochemical trade association the American Chemistry Council, the National Mining Association, the U.S. Chamber of Commerce, and a slew of others.

Outside of the renewable energy, energy efficiency, and energy storage clauses, the energy bill contains provisions aiming to ease the way for exports of so-called “small scale” LNG export terminals, which rely on slightly smaller tankers and keep the LNG in liquid form instead of re-gasifying it.

The Senate bill also offers over $367.8 million in federal funding through 2024 to test out a geoengineering pilot project for a technique called direct air capture, which involves vacuuming carbon dioxide from the atmosphere. Geoengineering is a proposal to use various technologies with goals of either removing greenhouse gases already emitted or reversing global warming.
» Read article

Act on Climate 2020
Act on Climate bill faces resistance in [RI] House Environment Committee
By Steve Ahlquist, Uprise RI
March 8, 2020

Public testimony was heard by the House Environmental Committee on the Act on Climate 2020 bill, H7399. Dozens of people came out to testify for the short, simple bill that would strengthen Rhode Island’s commitment to fighting climate change through the establishment of a statewide greenhouse gas emission reduction mandate. The bill would require Rhode Island to reduce its greenhouse gas emissions 100 percent by 2050 and would bring Rhode Island into line with the mandatory, enforceable greenhouse gas emission reductions already in place in neighboring Massachusetts and Connecticut.
» Read article       
» Read Act on Climate 2020 bill H7399

Clean Economy Act VAVirginia Mandates 100% Clean Power by 2045
The Clean Economy Act will drive utility Dominion to procure gigawatts of solar, offshore wind and energy storage.
By Jeff St. John, GreenTech Media
March 6, 2020

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2045, as well as setting targets for massive investments in energy efficiency, energy storage, and in-state solar and wind power.

The Clean Economy Act passed Virginia’s House of Delegates by a 51-45 vote on Thursday and the state Senate by a 22-17 vote on Friday, clearing the way for the bill to be signed by Governor Ralph Northam, who issued an executive order calling for it last year.

The primary feature of the law, SB 851, is its call for Dominion Virginia (the state’s dominant utility) and the smaller Appalachian Power Co. to supply 30 percent of their power from renewables by 2030, and to close all carbon-emitting power plants by 2045 for Dominion and by 2050 for Appalachian.
» Read article 

fracking ban support
Over 570 Groups Endorse Sanders and Ocasio-Cortez’s Fracking Ban Act as ‘Essential and Urgent Climate Action’
“The path to a Green New Deal starts with bold action to restrict the supply of fossil fuels, and that is precisely why a ban on fracking is an absolute necessity.”
By Jessica Corbett, Common Dreams
February 20, 2020


More than 570 national, regional, and local groups signed on to a letter Thursday endorsing the first-ever national legislation that would immediately prohibit federal permits for new fracking or related infrastructure and fully ban the practice in the United States beginning in 2025.

“At a time when study after study reveals the urgent need to rapidly move away from fossil fuels and onto 100% renewable energy, we write to express our strong support for the Fracking Ban Act,” declares the letter (pdf), organized by the national advocacy group Food & Water Action. “As we witness increasingly extreme impacts of the climate crisis, the federal government must act to stop the expansion of fossil fuels.”

The Fracking Ban Act (S. 3247/H. 5857) was introduced in the upper chamber last month by Sen. Bernie Sanders (I-Vt.), a top 2020 Democratic presidential candidate, and in the lower chamber last week by Rep. Alexandria Ocasio-Cortez (D-N.Y.), a supporter of Sanders’ presidential campaign and the main House sponsor of the Green New Deal.
» Read article       
https://www.commondreams.org/news/2020/02/20/over-570-groups-endorse-sanders-and-ocasio-cortezs-fracking-ban-act-essential-and
» Read letter
» Read The Fracking Ban Act (
S. 2347 / H. 5857)

» Read more about climate legislation

CLIMATE

you got to move
Trump Administration Presses Cities to Evict Homeowners From Flood Zones

By Christopher Flavelle, New York Times
March 11, 2020

WASHINGTON — The federal government is giving local officials nationwide a painful choice: Agree to use eminent domain to force people out of flood-prone homes, or forfeit a shot at federal money they need to combat climate change.

That choice, part of an effort by the Army Corps of Engineers to protect people from disasters, is facing officials from the Florida Keys to the New Jersey coast, including Miami, Charleston, S.C., and Selma, Ala. Local governments seeking federal money to help people leave flood zones must first commit to push out people who refuse to move.

In one city in the heartland, the letters have already started going out.
» Read article

Unisphere chiller
‘Time is fast running out’: World Meteorological Organization warns climate efforts are falling short
“Climate change is the defining challenge of our time,” United Nations Secretary-General Antonio Guterres said in a statement.
By Denise Chow, NBC News
March 10, 2020

The world is significantly falling short when it comes to efforts to curb climate change, according to a new report released Tuesday by the World Meteorological Organization.

The intergovernmental organization’s assessment evaluated a range of so-called global climate indicators in 2019, including land temperatures, ocean temperatures, greenhouse gas emissions, sea-level rise and melting ice. The report finds that most of these indicators are increasing, which means the planet is veering way off track in trying to control the pace of global warming.
» Read article       
» Read report        

Hawaii dives in
‘Fossil Fuel Companies Knew’: Honolulu Files Lawsuit Over Climate Impacts
By Dana Drugmand, DeSmog Blog
March 9, 2020

Hawaii has officially joined the fight to hold fossil fuel companies accountable for the climate crisis. On Monday the City of Honolulu filed a lawsuit against 10 oil and gas companies, seeking monetary damages to help pay for costs associated with climate impacts like sea level rise and flooding.

The lawsuit, filed in Hawaii state court, is based on claims of nuisance, failure to warn, and trespass and alleges that the climate impacts facing the city stem from the oil companies’ decades-long campaign to mislead policymakers and the public on the dangers of fossil fuels.

“For decades and decades the fossil fuel companies knew that the products they were selling would have tremendous damaging economic impacts for local governments, cities, and counties that our taxpayers are going to be forced to bear,” Honolulu’s chief resilience officer Josh Stanbro said at a press briefing outside the courthouse on Monday. “Instead of disclosing that information, they covered up the information, they promoted science that wasn’t sound, and in the process have sowed confusion with the public, with regulators, and with local governments.”

“This case is very similar to Big Tobacco lying about their products, as well as the pharmaceutical companies pushing an opioid epidemic,” added Council Budget Chair Joey Manahan.
» Read article

state rights asserted
Maryland Climate Ruling a Setback for Oil and Gas Industry
The decision thwarts the fossil fuel industry’s argument that the city’s lawsuit belongs in federal court, and may influence similar cases around the country.
By David Hasemyer, InsideClimate News
March 6, 2020

A lawsuit for damages related to climate change brought by the city of Baltimore can be heard in Maryland state courts, a federal appeals court ruled on Friday. The decision is a setback for the fossil fuel industry, which had argued that the case should be heard in federal court, where rulings in previous climate cases have favored the industry.

In a unanimous ruling, a three-judge panel of the Fourth U.S. Circuit of Appeals dismissed the industry’s argument that the lawsuit was more appropriate for federal court because the damage claims should be weighed against federal laws and regulations that permitted the industry to extract oil and gas, the primary cause of the greenhouse gas emissions that drive global warming.
» Read article

» Read more about climate      

CLEAN TRANSPORTATION

Ultium platform
Inside Clean Energy: General Motors Wants to Go Big on EVs
The auto giant’s Bolt and Volt models never sold well, but now the company is touting a battery that has more range than Tesla’s.
By Dan Gearino, InsideClimate News
March 12, 2020

General Motors had a splashy event last week to announce a rededication to electric vehicles.

A lot was said, but what got my attention was one number: $100 per kilowatt-hour.

That’s the battery cost at which the price of an EV will be at about parity with the cost of a gasoline vehicle, according to analysts. And that’s the number GM said it soon will meet and then beat with a new Ultium battery system it is developing through a partnership with LG Chem.

Another important number: GM said its new battery system will be capable of going up to 400 miles on a single charge, which is slightly more than the current industry leader Tesla’s range of about 390 miles.
» Read article       
» Reality check on the Tesla-beater claim

flight clinic
Coronavirus Could Slow Efforts to Cut Airlines’ Greenhouse Gas Emissions
By Brad Plumer and Hiroko Tabuchi, New York Times
March 6, 2020

The coronavirus outbreak is pushing the world’s airlines toward financial crisis — and that is starting to complicate efforts to tame airlines’ greenhouse gas emissions, which had been growing rapidly in recent years.

Even though, in the short term, airlines have seen a sharp decline in air travel, and therefore emissions, demand is widely expected to bounce back eventually as the world resumes its embrace of flying. But in the meantime, the airline industry, an increasingly important contributor of planet-warming carbon dioxide in the atmosphere, is citing the financial pain caused by the heath scare as reason to weaken longer-term efforts to fight global warming.
» Read article

» More about clean transportation       

FOSSIL FUEL INDUSTRY

Senate hearing on climate threat to econ
In Senate Hearing, Economic Experts Warn Climate Crisis Could Spur Financial Crash Like 2008
By Dana Drugmand, DeSmog Blog
March 12, 2020

Could the climate crisis precipitate a financial crash akin to or even greater than the one in 2008? With markets currently in turmoil due to the coronavirus pandemic, experts testified Thursday that there is high risk for an even larger economic crisis absent urgent climate policy.

A panel of economic experts brought this message to a handful of senators on Capitol Hill during a March 12 hearing convened by the Senate Democrats’ Special Committee on the Climate Crisis. This hearing on the economic risks of climate change delivered a clear warning that continued inaction on climate will result in enormous economic and societal consequences.

In his closing remarks, Sen. Whitehouse called out the fossil fuel industry and its allies for continued obstruction of climate policy.

“At the moment, what I want to share with the panel and with the world, is that while some of the worst behavior of the fossil fuel industry has been moderated or obscured through deniable intermediaries, and while in my opinion evil institutions like the Heartland Institute appear to be suffering a collapse which could not be more helpful, nevertheless the prevailing political weight of the fossil fuel industry on this body, both directly and through its vast array of intermediary front groups, remains completely opposed to any serious climate legislation,” Whitehouse said.
» Read article

Permian flare Exxon
The Future of Exxon and the Permian’s Flaring Crisis

By Nick Cunningham, DeSmog Blog
March 11, 2020

On March 5, there was a sense of drama and tension unlike in years past as ExxonMobil’s top executives gathered for their annual Investor Day presentation, a highly anticipated event where the oil major lays out its plans for the next few years in an effort to woo investors.

Long a darling of Wall Street, that day the oil major’s share price had fallen to a 15-year low. Battered by a volatile oil market and increasing scrutiny over the climate crisis, investors wanted answers on how Exxon planned on dealing with the shifting landscape.

“ExxonMobil is committed to being part of the solution,” CEO Darren Woods said. “We’re investing in new energy supplies to improve global living standards, working on technologies that are needed to reduce emissions and supporting sensible policies, such as those putting a price on carbon or regulations to reduce emissions of methane.”

Beneath that rhetoric is a bitter reality: Exxon flares more gas than any other company in the Permian Basin, America’s most prolific oil field, emitting massive volumes of greenhouse gases as well as toxic pollution that fouls the air in West Texas. The oil giant’s long history of funding climate science denial has given way to a craftier position of pledging support for climate goals while leaving an aggressive drilling and growth strategy mostly unchanged.
» Read article 

BP what it takes
The Loopholes Lurking in BP’s New Climate Aims

By Emily Bugden and Kelly Trout, Oil Change International, Blog Post
March 11, 2020

What would a meaningful climate commitment from BP look like?

Figure 2 below gives a sense of what a serious commitment to the Paris goals would look like for BP. It shows Rystad Energy’s projection of BP’s production to 2050, based on the company’s existing plans, against the rate of decline for oil and gas use under the most precautionary illustrative 1.5ºC energy pathway included in the IPCC special report (P1, which excludes BECCS).

If BP is serious about aligning with the full ambition of the Paris Agreement, the company’s investment in new exploration and expansion would need to stop today. More than that, it would need to decide which already-developed projects it will shut down early.
» Read article

Mr Misstep
Stock Market Turmoil Undermines Claimed Energy Dominance Benefits of US Shale Drilling
By Sharon Kelly, DeSmog Blog
March 9, 2020

Oil prices collapsed today amid falling energy demand and the global response to the novel coronavirus outbreak, as the number of confirmed COVID-19 cases worldwide reached over 113,000. On Friday, talks disintegrated inside the so-called OPEC+ alliance, which includes Organization of Petroleum Exporting Countries (OPEC) as well as non-OPEC members like Russia.

This breakdown kicked off a global oil price war that left Wall Street reeling on Monday, threatening the already troubled U.S. shale oil and gas industry and challenging the resilience of the Trump administration’s “energy dominance” theory that argues domestic shale oil production benefits national security and insulates the U.S. against the actions of other countries. Instead, relying on a shaky shale industry may have left the U.S. economy more vulnerable during times of crisis.

The price tag on a barrel of oil plunged over the weekend and continued its steep fall on Monday. Goldman Sachs Group warned that oil prices could fall as low as $20 a barrel. Meanwhile, the minimum price it would take for a new shale well to recoup its costs in Texas’ Permian basin is $48 a barrel, Goldman projects. In contrast, Saudi Arabia’s production costs are said to be $2.80 a barrel.
» Read article

what it means
Saudi Oil Price Cut Is a Market Shock With Wide Tremors
Oil producers in the United States and other nations brace for lower revenue, reduced investment and job losses as a global glut is compounded.
By Clifford Krauss, New York Times
March 9, 2020

HOUSTON — The sudden upheaval in the oil markets may claim victims around the world, from energy companies and their workers to governments whose budgets are pegged to the price of crude.

The fallout may take months to assess. But the impact on the American economy is bound to be considerable, especially in Texas and other states where oil drives much of the job market.

With the coronavirus outbreak slowing trade, transportation and other energy-intensive economic activities, demand is likely to remain weak. Even if Russia and Saudi Arabia resolve their differences — which led the Saudis to slash prices after Russia refused to join in production cuts — a global oil glut could keep prices low for years.
» Read article

boss move
How a Saudi-Russian Standoff Sent Oil Markets Into a Frenzy
Moscow refused to accept production cuts to offset the effect of the coronavirus outbreak. Now Saudi Arabia is trying an alternative: inflicting pain.
By Stanley Reed, New York Times
March 9, 2020

For the last three years, two factors have been hugely influential in the oil markets. The first has been the surge of shale oil production in the United States, which has turned the country from a large oil importer to an increasingly important exporter. The second is the alliance between Saudi Arabia and Russia, which recently have cooperated in trimming production to try to counter shale’s impact.

Now that cooperation between two of the world’s three largest oil producers — the third is the United States — appears to be at an end. Saudi Arabia, as the dominant member of the Organization of the Petroleum Exporting Countries, last week proposed production cuts to offset the collapse in demand from the spreading coronavirus outbreak. Russia, which is not an OPEC member, refused to go along. And the impasse has turned into open hostilities.
» Read article

dog day Dow
As Dow falls by 2,000 points, White House calls on Wall Street executives
Wall Street executives are to meet with President Trump on Wednesday to discuss the response to the outbreak.
By Lucy Bayly, NBC News
March 9, 2020

The Dow Jones Industrial Average plunged by more than 2,000 points Monday afternoon, part of a global market rout caused by collapsing oil prices and fears that the coronavirus epidemic would stymie the global economy.

Traders had anticipated a bloodbath on Monday, after oil prices cratered overnight by 30 percent and European exchanges saw their worst day since June 23, 2016, when Britain voted to leave the European Union.
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cheap and crude
Oil Prices, Stocks Plunge After Saudi Arabia Stuns World With Massive Discounts
By Avie Schneider, Camila Domonoske, NPR Morning Edition
March 8, 2020

Oil prices and stock indexes were in freefall Sunday after Saudi Arabia announced a stunning discount in oil prices — of $6 to $8 per barrel — to its customers in Asia, the United States and Europe.

Benchmark Brent crude oil futures dove 30% — the steepest drop since the Gulf War in 1991 — in early trading Sunday night before recovering slightly to a drop of 24%. The benchmark Brent crude oil price fell below $34 per barrel.

The oil price shocks reverberated throughout financial markets. Dow futures dropped more than 1,000 points, S&P 500 futures hit their limits after tumbling 5%, and the key 10-year Treasury note yield fell below 0.5%, a record low.

Saudi Arabia, the world’s second-largest producer, this weekend said it will actually boost oil production instead of cutting it to stem falling prices, in a dramatic reversal in policy.
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expensive and underperforming
‘Expensive and underperforming’: energy audit finds gas power running well below capacity
Report challenges justification for [Australia] government underwriting of up to five new gas-fired generators
By Adam Morton, the Guardian
March 7, 2020

Australia’s existing gas power plants are running well below capacity, challenging the justification for a Morrison government program that may support up to five new gas-fired generators, according to a new report.

Energy analyst Hugh Saddler, from Australian National University’s Crawford school of public policy, found the combined-cycle gas plants in the national grid – those expected to be available near constantly, sometimes described as “baseload” – ran at just 30% capacity across the past 18 months.

The Australia Institute, the thinktank that publishes Saddler’s monthly energy audit which includes the gas analysis, said it suggested the government’s commitment to underwrite new gas generators made little sense, and if it wanted to increase supply it should find ways to get the current fleet to operate at greater capacity.
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THE PLASTICS / FRACKING CONNECTION


planet plastic
Planet Plastic

How Big Oil and Big Soda kept a global environmental calamity a secret for decades
By Tim Dickinson, Rolling Stone
March 3, 2020

More than half the plastic now on Earth has been created since 2002, and plastic pollution is on pace to double by 2030. At its root, the global plastics crisis is a product of our addiction to fossil fuels. The private profit and public harm of the oil industry is well understood: Oil is refined and distributed to consumers, who benefit from gasoline’s short, useful lifespan in a combustion engine, leaving behind atmospheric pollution for generations. But this same pattern — and this same tragedy of the commons — is playing out with another gift of the oil-and-gas giants, whose drilling draws up the petroleum precursors for plastics. These are refined in industrial complexes and manufactured into bottles, bags, containers, textiles, and toys for consumers who benefit from their transient use — before throwing them away.

“Plastics are just a way of making things out of fossil fuels,” says Jim Puckett, executive director of the Basel Action Network. BAN is devoted to enforcement of the Basel Convention, an international treaty that blocks the developed world from dumping hazardous wastes on the developing world, and was recently expanded, effective next year, to include plastics. For Americans who religiously sort their recycling, it’s upsetting to hear about plastic being lumped in with toxic waste. But the poisonous parallel is apt. When it comes to plastic, recycling is a misnomer. “They really sold people on the idea that plastics can be recycled because there’s a fraction of them that are,” says Puckett. “It’s fraudulent. When you drill down into plastics recycling, you realize it’s a myth.”
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» More about the plastics / fracking connection  

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