Tag Archives: Wells Fargo

Weekly News Check-In 9/25/20

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Welcome back.

Fight for the things that you care about, but do it in a way that will lead others to join you.
– Ruth Bader Ginsburg

Of the many gifts Justice Ginsburg left us from her long, brilliantly-lived life, this pearl of wisdom is foremost in my thoughts as she lies in state at the U.S. Capitol, and as I edit this week’s newsletter about our collective struggle for a fair and sustainable future. We will keep up the fight, we will keep it classy, and we very much appreciate those who have chosen to join us.

This week we’re forced to acknowledge that Enbridge will have its Weymouth compressor station, despite the long and fierce opposition and lack of any sane rationale for its existence – anywhere but especially in Weymouth. FERC issued its final approval and gas will flow soon. But this natural gas infrastructure asset deserves to be stranded and decommissioned, and resistance will continue until that happens.

We have news of other projects, too, including a link to a petition opposing the East Africa Crude Oil Pipeline proposed by French oil giant Total. This project would slice through 1,400km of critical wildlife habitat and vulnerable human communities from western Uganda to Tanzania’s coast. It would carry crude oil for export, but the stuff is so sludgy it will have to be heated over the entire pipeline length just to keep it flowing. That’s just one example of projects and policies demanding opposition, so it’s good to see that some protests are beginning to move cautiously back into the street.

The divestment movement took a couple steps forward this week. Oil Change International and Rainforest Action Network published a report identifying the banks most directly responsible for financing the disastrous fracking industry. Wells Fargo has been the biggest banker of U.S. frackers since the Paris Climate Agreement was adopted, and JPMorgan Chase is next in line. Pull the plug. Meanwhile, twelve major cities around the globe, including Los Angeles, New Orleans, New York and Pittsburgh, have committed to fossil fuel divestment, pledging to direct their funds to sustainable projects for a green recovery.

Our “Greening the Economy” section includes an interesting pairing: the first article points out the need for carbon pricing as a tool to drive decarbonization at the required pace. The second article explores why both Republicans and Democrats in the U.S. appear to have abandoned carbon pricing as a viable option. The climate can’t wait while we figure this out. Between the expected influence on environmental regulations of a 6-3 conservative majority in the Supreme Court, to the foot-dragging of fossil fuel corporations in reforming their business models, barriers to policy-driven emissions reductions may be hardening.

As usual, there’s better news down at the level of technology advances and state-level initiatives. The rooftop solar industry is applauding a tentative net-metering agreement in South Carolina between advocates and Duke Energy. Their compromise could become a model for net-metering agreements elsewhere. New, long-duration zinc batteries are set to fill a niche in the energy storage market, and California governor Gavin Newsom has ordered that all new cars and passenger trucks sold in that state must be zero-emissions by 2035. In the same week, Tesla announced battery improvements and claims it will eventually offer a $25K EV.

We wrap up with a warning about methane leaking from abandoned gas wells as the fossil fuel industry continues a decline that’s now locked in by increasing investor awareness of risks associated with pipeline infrastructure projects. And since plastics are what we make from an increasing share of the gas and oil pumped out of the ground, our final piece is a Honduran beach postcard.

button - BEAT News   For even more environmental news and events, check out the latest newsletters from our colleagues at Berkshire Environmental Action Team (BEAT)!

— The NFGiM Team

WEYMOUTH COMPRESSOR STATION

FERC gives final authorization
Weymouth Compressor Station gets OK to startup
By Chris Lisinski/State House News Service, The Patriot Ledger
September 24, 2020

FERC’s final authorization came amid ongoing opposition to the facility from community groups, environmental and public health activists, and many elected officials who represent the region, who argue that the compressor’s proximity to densely populated neighborhoods and the Fore River present significant threats.

Alice Arena, one of the leaders of the Fore River Residents Against the Compressor Station organization, said her group was “very disappointed” but “not at all surprised” with FERC’s approval.

“FERC is and has been nothing but a rubber stamp organization for the fossil fuel industry for decades, so this isn’t at all a shock,” Arena said in an interview. “I wouldn’t say we’re feeling defeated. I would say we’re feeling angry. We will continue to try to stop them from operating, and we will do that through the courts, and we will do that by proving the continued damage they will do to our air quality.”

Despite pushback, the project was able to move through its permitting hurdles at the state and federal levels.

In January 2019, when state regulators awarded air quality permits for the project, Gov. Charlie Baker said he “basically had no choice” about granting approval because of federal rules governing the process and the results of a health impact assessment he sought.

The Metropolitan Area Planning Council, which conducted the assessment that forecast no major health impacts from the facility’s operation, later announced its opposition to the compressor on environmental and safety grounds.

Department of Environmental Protection regulators disclosed during an appeal process in May 2019 that the health study was based on incomplete air-quality data, but that did not change the outcome of the challenge.
» Read article        

Dear Mr. MonacoSenators Warren And Markey Call For Shutdown Of Weymouth Compressor
By Chris Lisinski, State House News Service, on WBUR
September 21, 2020

Both of the state’s U.S. senators called Monday for Enbridge to halt operations at its Weymouth compressor station, warning that the facility should not become operational mere weeks after an equipment failure prompted a release of natural gas. In an email, the energy giant said it was moving forward with plans to make sure the plant is “fit for service.”

Sens. Elizabeth Warren and Ed Markey urged Al Monaco, Enbridge’s president and CEO, to pause all activities at the site near the Fore River while investigating the circumstances surrounding the Sept. 11 emergency shutdown.

The company said that a gasket failure pushed workers to trigger an emergency shutdown system with a volume of 265,000 cubic feet of natural gas, though it has not confirmed exactly how much it released.

“Concerns have been raised that this amount of gas, vented at ground level, could have possibly been ignited by a spark from a passing vehicle and caused a fire or an explosion,” Warren and Markey wrote in a letter. “This incident clearly demonstrates that we must do more to understand the dangers that the Weymouth compressor station poses to public health and safety.”
» Read article       
» Read the letter

» More about the Weymouth compressor station

PIPELINES

Total madness
Nearly One Million People Sign Petition to Stop Total’s East Africa Crude Oil Pipeline ‘Madness’
By Maina Waruru, DeSmog UK
September 21, 2020

Almost a million people have signed a petition to stop a planned crude oil pipeline in East Africa that campaigners say poses serious risks to communities and wildlife along its route.

The East African Crude Oil Pipeline, developed by a consortium led by French company Total, will run for 1,443 kilometres from western Uganda to the Indian Ocean port of Tanga in neighbouring Tanzania. The multimillion dollar pipeline is supported by the two governments and is being developed by China National Offshore Oil Corporation and the London Stock Exchange-listed Tullow Oil, alongside Total.

Avaaz, the campaign group hosting the ‘Stop This Total Madness’ petition, says the pipeline “will rip through some of the most important elephant, lion and chimpanzee reserves on Earth, displace tens of thousands of families, and tip the whole planet closer to full-blown climate catastrophe”.
» Read article       
» Sign the petition

TGP incidents in Agawam
MassDEP, activists differ on impact from Tennessee Gas pipeline incidents in Agawam

By Peter Goonan, MassLive
September 18, 2020

A state environmental agency says two recent incidents during construction of the Tennessee Gas pipeline extension project were “relatively minor” and cleaned up — a view that drew sharp criticism from opponents of the project.

“The two events were relatively minor and quickly addressed,” said Edmund Coletta, a spokesman for the Massachusetts Department of Environmental Protection.

The Columbia Gas Resistance Coalition, which opposes the Agawam pipeline project, said one incident in August involved Tennessee Gas being cited for driving trucks through a wetland area, and the second incident this month involved clay mud seeping up from the drilling operation.
» Read article        

» More about pipelines

PROTESTS AND ACTIONS

Fridays are backFridays for Future Climate Strikers Are Back on the Streets
By Ruby Russell and Ajit Niranjan, Deutsche Welle, in EcoWatch
September 25, 2020

Hamstrung by coronavirus lockdowns, frustrated school strikers have spent months staging digital protests against world leaders failing to act urgently on climate change.

Today they are taking to the streets once more.

The Fridays for Futures movement, which started with activist Greta Thunberg skipping school to sit alone outside the Swedish Parliament in 2018, has become a global youth force calling for climate justice. But a surge in support last year was hobbled after coronavirus lockdowns closed schools and kept children at home.

The protest on Friday is the group’s first global action since the pandemic struck and follows meetings between prominent activists and world leaders. Last month, Thunberg and three other climate activists presented German Chancellor Angela Merkel with a letter signed by nearly 125,000 people demanding EU leaders “stop pretending that we can solve the climate and ecological crisis without treating it as a crisis.”

They have called for an immediate halt to investments and subsidies in fossil fuels and, in Germany, pressured the government to bring forward its deadline to phase out coal from 2038 to 2030, and to go carbon-neutral by 2035 instead of 2050.
» Read article        

take climate action now
Facebook suspends environmental groups despite vow to fight misinformation
Facebook blames mistake in system for restrictions on groups including Greenpeace USA
By Oliver Milman, The Guardian
September 22, 2020

Facebook has suspended the accounts of several environmental organizations less than a week after launching an initiative it said would counter a tide of misinformation over climate science on the platform.

Groups such as Greenpeace USA, Climate Hawks Vote and Rainforest Action Network were among those blocked from posting or sending messages on Facebook over the weekend. Activists say hundreds of other individual accounts linked to indigenous, climate and social justice groups were also suspended for an alleged “intellectual property rights violation”.

The suspended people and groups were all involved in a Facebook event from May last year that targeted KKR & Co, a US investment firm that is backing the Coastal GasLink pipeline, a 670km-long gas development being built in northern British Columbia, Canada.

The suspensions, the day before another online action aimed at KKR & Co, has enraged activists who oppose the pipeline for its climate impact and for cutting through the land of the Wetʼsuwetʼen, a First Nations people.
» Read article        

climate lawsuit SpainClimate Lawsuit Filed in Spain Demanding Government Increase Ambition in Confronting Climate Crisis
By Dana Drugmand, Climate in the Courts
September 22, 2019

Environmental organizations have brought a climate change lawsuit against the government of Spain in an effort to compel more ambitious action in addressing the climate emergency.

Greenpeace Spain, Ecologistas en Acción and Oxfam Intermón filed their case before Spain’s Supreme Court on September 15 contending that Spain has failed to take adequate action on climate in violation of the nation’s international obligations and legal duties. It is the first domestic climate lawsuit initiated against the Spanish government.

“To avoid devastating climate change there is only one way: to drastically and rapidly reduce CO2 emissions and accelerate the ecological transition, which requires courageous political and judicial decisions,” Mario Rodríguez, director of Greenpeace Spain, said in a press release.
» Read article       
» Read the press release (Spanish)

Betchatow plant will close
Polish Court Recognizes Climate Damage, Rules Coal Plant Operators Negotiate Closure with Environmental Lawyers

By Dana Drugmand, Climate in the Courts
September 22, 2020

A judge in Poland has ruled that operators of the Bełchatów coal plant – Europe’s single biggest emitter of carbon pollution – must negotiate a settlement with environmental lawyers that brought a lawsuit last year over the coal plant’s destructive environmental and climate impacts.

The ruling, which followed a hearing on Tuesday, Sept. 22 in the District Court of ŁódĽ, could put the Polish coal facility on a path towards closure. Lawyers for the environmental law charity ClientEarth argued that closing the Bełchatów plant’s coal operations is necessary in the face of the climate crisis. The power plant burns 45 million tons of coal every year, equivalent to a ton every second, and has emitted over a billion tons of CO2 over its lifetime. The plant’s annual emissions are roughly equal to the total annual emissions of New Zealand.
» Read article        

» More about protests and actions

DIVESTMENT

fracking fiasco
Fracking Fiasco: New report names Wells Fargo and JPMorgan Chase as main players funding U.S. shale bust
By Oil Change International – press release
September 24, 2020

A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the well-documented environmental, health and climate impacts of the industry.

Our research reveals that financing for the fracking industry is highly concentrated, with Wells Fargo the biggest banker of U.S. frackers since the Paris Climate Agreement was adopted, and JPMorgan Chase a standout second place. The fracking industry has been hit hard by the pandemic, with dozens of bankruptcies so far this year, but its troubles long predate the coronavirus.

“Banks and asset managers have enabled the oil and gas industry’s destructive boom and bust cycles for generations. Our planet cannot afford another oil boom. We need regulators, shareholders, and the public to force banks to consider the climate impact and demand they stop financing destructive and unstable business activities,” said Rebecca Concepcion Apostol, U.S. Program Director at Oil Change International. “Our collective health continues to be at risk, and we cannot let banks fund another oil boom when this pandemic passes.”

“The fracking sector has become a poster child for the serious problems facing the U.S. oil and gas industry,” said Alison Kirsch, lead researcher for RAN’s climate and energy program. “The disastrous climate consequences of fracking, as well as its horrific community health impacts, are well known, but by continuing to pour billions of dollars into this dying sector, banks are also injecting a real level of systemic risk into the U.S. economy.”
» Read article       
» Read the report

cities pledge to divest
12 major cities pledge fossil fuel divestment
By Kristin Musulin, Utility Dive
September 23, 2020

The mayors of 12 major cities around the globe have pledged to divest from fossil fuel companies in an effort to further support a green and sustainable COVID-19 recovery.

The C40 Cities-backed declaration, unveiled at a virtual Climate Week NYC event on Tuesday, calls on signatories to commit to divesting all city assets and pension funds from fossil fuel companies; increasing financial investments in climate solutions; and advocating for fossil-free finance from other investors.

The signatories include the mayors of Los Angeles, New Orleans, New York and Pittsburgh, along with the leaders of eight international cities including London and Oslo. Details of individual divestment amounts and timelines were not shared. Following this commitment, cities must navigate their specific divestment processes and structures in proposing next steps to pension boards.

A public declaration from a group of leading cities “sends a huge signal to the marketplace,” [New York’s Chief Climate Policy Advisor Dan Zarrilli] said, which is key to leading this charge and effectively pursuing a green recovery.

“It’s absurd how much we as a globe continue to subsidize fossil fuels, and part of the call here is to make sure our green recovery … is pulling those subsidies out” and instead putting investments toward green jobs and clean infrastructure, Zarrilli said.
» Read article        

» More about divestment

GREENING THE ECONOMY

Darwinian challengeWoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change
The world is on course for 2.8 to 3 degrees Celsius of warming as existing infrastructure weighs heavy and COVID-19 slows progress.
By John Parnell, GreenTech Media
September 24, 2020

The world is on course to sail past the recognized “safe” level of 2 degrees Celsius of warming to as much as 3 degrees Celsius, according to the latest Wood Mackenzie Energy Transition Outlook.

The Paris Agreement aims to limit warming to “well below 2 degrees Celsius” and ideally to limit it 1.5 degrees. Yet just as efforts toward that goal are finally scaling up — via the EU’s amplified climate targets, China’s new carbon-neutral target for 2060, and other examples — the coronavirus pandemic has introduced a massive dose of uncertainty.

“As the world begins to reconstruct its economy, all energy and natural-resources sectors will face a survival of the fittest,” said Prakash Sharma, head of markets and transitions for Asia-Pacific at Wood Mackenzie. “We call it the ‘Darwinian challenge’ because society and investors must evolve and adapt to the changes needed to overcome the twin crises and prepare for the future.”

“While the world is adding renewable power generation capacity and manufacturing electric vehicles, it is still not enough. No efforts have been made to decarbonize the existing infrastructure,” said Sharma, pointing out that huge swaths of existing steel, cement, refining and transportation infrastructure still have decades left in their life cycles.

David Brown, head of markets and transitions for the Americas at Wood Mackenzie, said that the appropriate figure for the task is $100 per metric ton of carbon dioxide equivalent. An EU carbon credit in its Emissions Trading System is currently priced at just shy of €30 ($35).

“We need more policy support than is available today. The EU is the most favorable,” Brown said during a press conference to launch the report, adding that even that support limits access to carbon credits. “Governments need to actually sponsor these projects to get them off the ground.”

Brown alluded to the need for a regulatory overhaul to make the 2-degree pathway a reality. WoodMac reports that the investment levels required, though not guaranteed, appear to be attainable. The technology necessary already exists, even where it has yet to be scaled. All eyes now return to politicians and regulators.
Blog editor’s note: November 3, 2020… Vote early if you can!
» Read article

priced outPriced Out
Both parties used to love the carbon tax. So why are they giving up on it?
By Shannon Osaka, Grist
September 23, 2020

Although carbon dioxide itself doesn’t constitute a direct health threat, fossil fuel use also releases a slurry of toxic chemicals that can lead to asthma, strokes, heart disease, and cancer. According to the World Health Organization, roughly 7 million people around the world die each year from causes linked to air pollution.

Burning fossil fuels, therefore, creates a massive cost that no one is paying for — a “negative externality” in economist-speak. “Allowing people to emit CO2 into the atmosphere for free is similar to allowing people to smoke in a crowded room or dump trash into a national park,” wrote the Nobel prize-winning economist William Nordhaus in 2008. Nicholas Stern, also an economist and the author of an influential 2006 report on global warming, has argued that climate change “is the greatest market failure the world has ever seen.”

To those who spend their days thinking about money and markets, there’s a simple fix: Put a price on carbon to reflect its actual costs to the planet and human health. If fossil fuels are more expensive, the thinking goes, individuals, corporations, and governments will not only use less energy, they’ll also boost wind and solar power, expand public transportation, and take other steps necessary to build a green economy.
» Read article        

» More about greening the economy

CLIMATE

RBG
How Justice Ginsburg’s Death Could Affect Future Climate Rulings
Legal experts say a sixth conservative Supreme Court judge could imperil current and future emissions regulations
By Jennifer Hijazi, E&E News, in Scientific American
September 22, 2020

If President Trump is able to replace the late Justice Ruth Bader Ginsburg on the nation’s highest bench, he may stymie climate action for generations to come.

Legal experts say that the addition of a sixth conservative justice to the court could lock in opposition to expansive readings of the Clean Air Act that encompass greenhouse gas emissions or trigger a reexamination of the landmark 2007 climate case Massachusetts v. EPA.

In either case, court watchers say, the outcome doesn’t bode well for the future of climate regulation.

“Climate change is a crisis, and we really need all the tools we can get, and some of them are probably not going to be there,” said Dan Farber, a law professor at the University of California, Berkeley.

“If Trump is able to fill this vacancy, there’ll be at least five conservative votes for at least 20 years, and we don’t know what … new doctrines that are not now on the horizon that could really weaken the power of the government to deal with climate change,” he said.

The Trump administration has made environmental deregulation a cornerstone of its agenda for the last four years, rolling out major changes to rules including emissions standards for automobiles and power plants. Green groups have lambasted the changes as violations of federal environmental and administrative law, which require reasoned rulemaking.

But a conservative Supreme Court majority that favors curbing agency powers could limit oversight of emissions without even touching Massachusetts v. EPA, which said the government can regulate carbon dioxide and other greenhouse gases as “air pollutants” under the Clean Air Act, said Hana Vizcarra, staff attorney at Harvard Law School’s Environmental & Energy Law Program.

“EPA has been reconsidering their own interpretations of the law in order to limit their own authority,” she said.
» Read article        

big oil reality check
Spoiler alert: Big oil companies are still failing on climate
By Kelly Trout, Oil Change International
September 23, 2020

Over the past year, big oil and gas companies have seen their social license and financial bottom lines face unprecedented threats. With climate disaster after climate disaster devastating communities across the globe and oil markets crashing in the wake of the COVID-19 pandemic, these companies have faced growing pressure – from frontline communities and Indigenous Peoples, shareholder activists and major investors, policy experts and city leaders – to take responsibility for the climate wreckage they are causing and change course.

In response, major oil and gas companies have released a slew of new commitments outlining their climate “ambitions” and pledges to become “net zero” carbon companies, all signs that the pressure is having an effect. But these oil company pledges and promises cannot be taken at face value.

That’s why today, Oil Change International, in collaboration with 30 other organisations, released a new assessment of the latest climate pledges from BP, Chevron, Eni, Equinor, ExxonMobil, Repsol, Shell, and Total. In the briefing, called Big Oil Reality Check, we focus on how these companies’ plans stack up against the bare minimum of what’s needed to limit global warming to 1.5 degrees Celsius (°C).

As one might expect from corporations notorious for decades of climate deception, on the whole, these plans use fancy terminology and convoluted metrics to cover up still grossly inadequate levels of action. Granted, some companies are doing more than others (e.g., Exxon and Chevron really are the worst). But being a “leader” among laggards doesn’t cut it when we’re in a climate emergency – a crisis that the oil and gas industry has done the most to cause.
» Read article       
» Download the paper

second-place finishArctic Sea ice melts to second-place finish at annual minimum
By Gloria Dickie, Mongabay
September 21, 2020

After a spring and summer that saw record-breaking heat waves above the Arctic Circle — with 100+ degree Fahrenheit temperatures — the sea ice floating atop the Arctic Ocean reached its annual minimum extent last Wednesday, with 3.74 million square kilometers (1.44 million square miles) of sea ice remaining, coming in a close second to 2012.

In the last decade, Arctic sea ice cover has declined drastically. The record low of 3.41 million square kilometers (1.32 million square miles) reached in 2012 was largely due to an intense late-season cyclone which decimated the residual ice. What worries scientists is that 2020’s sea ice vanishing act followed a similar trajectory, even in the absence of such an extreme weather event. In no other years on record besides 2012 and 2020 has sea ice extent dropped below 4 million square kilometers (1.54 million square miles). To many experts, this indicates the Arctic has entered a new ecological state.

The drastic heating up of the Arctic is significant in itself, but also to the planet. Over the past 30 years, the region has warmed at twice the rate of the rest of the world, with the significant shifts up North not only felt there, but ultimately influencing weather patterns in the lower latitudes, possibly as far south as the equator.

Jennifer Francis studies these connections as a senior scientist at Woodwell Climate Research Center in Massachusetts. Her past research has focused extensively on how Arctic warming impacts the mid-latitudes of North America, primarily through a weakening of the northern jet stream — a high speed, high altitude river of wind that circles the pole.

The temperature difference between the Arctic (cold) and the temperate zone (warm) is one of the primary drivers of the jet stream in the Northern Hemisphere. But as sea ice vanishes and Arctic temperatures increase, the temperature variant between these regions is getting smaller. That means there’s less force driving the winds in the jet stream from west to east. Losing energy, the weakened jet stream starts to swing wildly southward, deviating from its typical polar path into lower latitudes which can cause temperate weather patterns to stall in place — bringing extended bouts of extreme weather, either drought or deluge, heatwaves or even cold periods.
» Read article                  

risky storageThis Oregon forest was supposed to store carbon for 100 years. Now it’s on fire.
By Emily Pontecorvo and Shannon Osaka, Grist
September 18, 2020

As fires ripped through the West this month, displacing families and releasing a thick, choking cloud of smoke that reached all the way to Europe, some scientists began to worry about yet another loss. Thousands of acres of forest, maintained to offset greenhouse gas emissions, might be going up in smoke.

Claudia Herbert, a PhD student at the University of California, Berkeley, who is studying risks to forest carbon offsets, noticed that the Lionshead Fire — which tore through 190,000 acres of forest in Central Oregon and forced a terrifying evacuation of the nearby town of Detroit — appeared to have almost completely engulfed the largest forest dedicated to sequestering carbon dioxide in the state.

The project, owned by the Confederated Tribes of Warm Springs, spans 24,000 acres. Before the fires, the state of California had issued more than 2.6 million offset credits based on the carbon stored in its trees. That translates to 2.6 million metric tons of carbon dioxide — or the equivalent of driving 560,000 cars around for one year.

California has a cap-and-trade law that limits greenhouse gas emissions from major emitters like power plants. Those companies, however, have a little bit of leeway — in order to meet the law’s requirements, instead of fully reducing their emissions, they can buy “carbon offsets.” Those often take the form of paying a forest manager to boost growth so the trees will suck up, and store, more carbon dioxide over the long term: in theory, at least 100 years. Those offsets are supposed to counterbalance any extra emissions, so the climate is no worse off than before.

Runaway wildfires, however, throw a wrench in that plan — and as climate change intensifies fires around the world, forest carbon offsets are only going to get riskier.
» Read article        

» More about climate

CLEAN ENERGY

net metering agreement
In South Carolina, a Happy Compromise on Net Metering
The agreement between Duke Energy and Sunrun may allow other states to resolve the debate after years of conflict.
By Dan Gearino, InsideClimate News
September 24, 2020

A compromise in South Carolina between advocates of solar power and a utility may offer a blueprint for other states trying to resolve one of the major conflicts in the clean energy transition: the debate over net metering.

Duke Energy has reached an agreement with Sunrun, the rooftop solar company, and Vote Solar, the solar advocacy group, that sets up a process for compensating solar owners for the excess electricity they send back to the grid.

This potential breakthrough in the net metering debate follows years of bitter conflict in the Carolinas and across the country.

Under the plan, solar owners would pay rates that vary depending on the time of day, and would get credits at those same rates for sending excess electricity to the grid. The rates would be highest from 6 p.m. to 9 p.m., when electricity demand is high. Rates would be lower during the day and lowest overnight.

The agreement, which is still subject to approval by state regulators, would allow Duke to pay lower rates for solar during the hours when the grid has plenty of electricity, such as in the morning. And by paying higher rates during times of peak demand, Duke would be encouraging solar owners to set up their panels in places that get more sun during the evening.

“This new arrangement not only recognizes the value of solar and the enabling energy grid, but it unlocks additional benefits for all customers by addressing when utilities experience peak demand across their systems in the Carolinas,” said Lon Huber, Duke Energy’s vice president for rate design and strategic solutions, in a statement.
» Read article       
» Read Duke Energy’s announcement

ORPC tide power
Maine company looks to tidal power as renewable energy’s next generation
After years of development, tidal and river energy supporters say the technology is on the cusp of wider commercial deployment, especially if it can win federal support.
By David Thill, Energy News Network
Photo By ORPC / Courtesy
September 23, 2020

With much of New England’s attention on offshore wind, a Maine company hopes to put itself on the map with tidal energy.

Portland, Maine-based Ocean Renewable Power Company recently signed a memorandum of understanding with the city of Eastport on a five-year plan to develop a $10 million microgrid primarily powered by tidal generation.

The project will be an opportunity for the small port city to expand its workforce and build its appeal for younger residents. It’s also an opportunity for ORPC to expand its reach as the company’s leaders try to find a viable market for ocean- and river-based generation in an industry largely dominated by solar and wind.

While tidal and river energy haven’t reached the same level of visibility as other renewable sources, supporters say these and related resources like wave and ocean current energy — collectively called marine and hydrokinetic resources — are at a similar point now to where solar and wind were a decade ago. They say the predictability of tides and currents in places like the Western Passage, the inlet on which Eastport is located, makes these resources promising as governments aim to create a resilient grid.

The federal Department of Energy’s National Renewable Energy Laboratory is also looking at hydrokinetic energy. “Each one of those [resources] has massive amounts of energy distributed at different locations around the country,” said Levi Kilcher, a researcher who focuses on ocean energy at the lab.

“If we’re totally honest, the amount of energy that’s in the tides and in the waves is not as large” as wind or solar, Kilcher said. “We really see the value in sort of diversifying our energy sources.”

Tides are very predictable, he said, and so are other water resources like rivers, waves and the Gulf Stream. “Then couple that with a diversified energy portfolio,” he said. “In my opinion, a more diverse set of energy resources gives you a more resilient energy system.”
» Read article        

» More about clean energy

ENERGY STORAGE

zinc precipitate
Can a Novel Zinc Battery Deliver Clean Multiday Backup Power?
California is testing Canadian startup e-Zinc’s long-duration technology to keep businesses powered through wildfires and outages.
By Julian Spector, GreenTech Media
September 18, 2020

California is looking for ways to keep power flowing to customers amid wildfires without burning fossil fuels. A Canadian storage technology startup thinks it has the solution.

This summer, Toronto-based e-Zinc won a $1.3 million grant from the California Energy Commission to demonstrate its long-duration zinc battery for the commercial and industrial market. As the state’s worst wildfire season on record rages on, the urgency to find new tools for clean backup power has only grown.

The batteries precipitate little bits of zinc out of a solution while charging, using a windshield-wiper-like tool to clear the plate and make room for more charging. This allows for longer-duration storage, while the cheap component costs promise to keep prices low relative to other options on the market.

The CEC grant will help the startup stake a claim on an underserved market, CEO James Larsen said in an interview.

Lithium-ion batteries are good at daily cycling for bill management, but they can’t run long enough to guarantee multiday backup, he noted. Customers looking for economic multiday backup power usually have to turn to fossil fuels, like gas or diesel generators.

“We can do both: We can do the short-duration time-of-use arbitrage and demand-charge reduction and help monetize those opportunities for customers, but we can also provide them up to two days of backup power in the face of an outage,” Larsen said.
» Read article        

» More about energy storage

CLEAN TRANSPORTATION

Cal ICE ban by 2035
Newsom calls for California ban on new gas-fueled cars by 2035
By COLBY BERMEL, Politico
September 23, 2020


Gov. Gavin Newsom is calling for California to ban new gasoline-fueled vehicles within 15 years in a bid to combat climate change and make the state the first in the nation to stop sales of cars with internal combustion engines.

The Democratic governor on Wednesday signed an executive order that directs the California Air Resources Board to establish regulations requiring that all new cars and passenger trucks sold in California in 2035 be zero-emission vehicles.

The ban on gas-powered vehicles is likely to face opposition from automakers and Republican leaders in Washington, who have already battled the state over its stricter fuel economy rules. The Trump administration is fighting the state in court over whether it can set stricter emissions standards than the nation as a whole.

While environmentalists embraced his call to ban gas-powered vehicles, some questioned Tuesday why he wasn’t doing more to stop fracking.

Newsom announced he was asking state lawmakers to implement a fracking ban by 2024, but stopped well short of directing his own oil and gas regulators to stop approving fracking permits. Environmentalists have increased their criticism of Newsom on fracking in recent days, especially as the governor has emphasized California’s role in fighting climate change.
» Read article        

Tesla battery tech
How Tesla plans to make batteries cheap enough for a $25,000 car
Tesla’s big “battery day” event, explained.
By Timothy B. Lee, ARS Technica
September 23, 2020

Tesla’s business model depends on continuous improvements in the cost and energy density of batteries. When Tesla was founded in 2003, it was barely possible to build a battery-powered sports car with a six-figure price tag. Over the next 15 years, cheaper and more powerful batteries enabled Tesla to build roomier cars with longer ranges at lower prices.

Tesla expects that progress to continue—and maybe even accelerate—in the next few years. And it isn’t waiting for other companies to come up with better battery designs. In recent years, Tesla has had a large team of engineers re-thinking every aspect of Tesla’s batteries, from the chemistry inside the cells to the way the batteries are incorporated into vehicles.

At a much-touted Tuesday event, Tesla pulled back the curtain on a suite of improvements the company hopes to roll out in the next three years. In total, Tesla says that all of these innovations put together will enable a 56-percent reduction in the per-kWh cost of its batteries.

As a result, Elon Musk said, Tesla will be able to realize a longstanding dream: a truly affordable electric car.

“We’re confident that long-term we can design and manufacture a compelling $25,000 electric vehicle,” Musk said. He added that this would happen “probably about three years from now.” Tesla didn’t provide a name or other details about this planned low-cost Tesla.
» Read article        

Airbus innovatingAirbus reveals plans for zero-emission aircraft fueled by hydrogen
Aviation firm announces three different concepts with aim of taking to the skies by 2035
Jillian Ambrose, The Guardian
September 21, 2020

Airbus has announced plans for the world’s first zero-emission commercial aircraft models that run on hydrogen and could take to the skies by 2035.

The European aersospace company revealed three different aircraft concepts that would be put through their paces to find the most efficient way to travel long distances by plane without producing the greenhouse gas emissions responsible for global heating.

UK holidaymakers and business travellers could fly from London to the Canary Islands, Athens or eastern Europe without producing carbon emissions, should the plans become a commercial reality.

Guillaume Faury, the Airbus chief executive, said the “historic moment for the commercial aviation sector” marks the “most important transition this industry has ever seen”.
» Read article        

» More about clean transportation

FOSSIL FUEL INDUSTRY

abandoned gas well
A Dying Industry is Leaving A Deadly Legacy
By Andy Rowell, Oil Change International
September 18, 2020

An important investigation by Bloomberg Green, published yesterday, examined the issue of the shocking state of over three million abandoned oil and gas wells in the United States. Nor is this a problem only linked to America. There are believed to be nearly 30 million abandoned oil and gas wells worldwide.

Many of these wells are leaking methane, the potent greenhouse gas or polluting water courses. As the article states, “if carbon dioxide is a bullet, methane is a bomb.”

We have known for a long while that abandoned wells were a problem, but we still do not know the extent of the problem. Even now. The oil industry may be dying, but it will still pollute us for decades after its death.

One scientist tracking the issue, Mary Kang from Princeton, has been modeling how carbon dioxide and methane leak from old wells. In 2016, Kang published a study of 88 abandoned well sites in Pennsylvania, revealing that 90% of wells investigated leaked methane.

Another scientist working on the issue, Anthony Ingraffea, a Professor of Civil and Environmental Engineering at Cornell who has studied leaks from oil and gas wells for decades, told Bloomberg, “we really don’t have a handle on it yet… We’ve poked millions of holes thousands of feet into Mother Earth to get her goods, and now we are expecting her to forgive us?”
» Read article       
» Read original Bloomberg Green article

risks revealed
As pipeline projects cancel, future falls into question
By James Osborne, Houston Chronicle
September 15, 2020

For years, a small clique of investors has questioned the logic of putting money into oil and gas pipelines that take decades to pay off when climate change policy was pushing the energy sector away from fossil fuels.

Banks and other institutions, however, largely continued to finance the multibillion-dollar projects, confident in projections by oil and gas companies that the so-called energy transition would take time and oil and natural gas would be needed for decades to come.

But a rash of cancellations and delays of new pipelines, largely brought on by the coronavirus pandemic, raises questions of whether those skeptics’ warnings are starting to catch on and the cancellations reflect a newfound wariness among banks to back the projects in view of an uncertain future for fossil fuels.

“No doubt some of these decisions are short-term concerns, but also an understanding there is a long-term risk profile for (pipeline) assets that cost billions of dollars and at best have 10-year shipper commitments,” said Andrew Logan, head of oil and gas at Ceres, a nonprofit advising investors on sustainability. “There’s a lot more exposure for investors than had been understood before.”

The potential impact of tougher climate policies is increasing borrowing costs for oil and gas companies, analysts said, even as low interest rates push down borrowing costs for most industries.

“The environmental pushback is starting to increase the cost of capital for some producers, leading to lower overall production, and that ultimately boomerangs into the (pipeline) space,” said John Coleman, an oil analyst at the research firm Wood Mackenzie. “The big question is how long does that transition take. Right now, the market is pricing in a rapid transition.”
» Read article

» More about fossil fuels

PLASTICS IN THE ENVIRONMENT

trash tsunami
‘Trash Tsunami’ Washes up on Honduran Beaches

By Olivia Rosane, EcoWatch
September 23, 2020

A “trash tsunami” has washed ashore on the beaches of Honduras, endangering both wildlife and the local economy.

The trash is mostly plastic waste, Voice of America reported Tuesday, and it is polluting the typically pristine tropical beaches of Omoa in the country’s north. Honduran officials said Saturday that the refuse was coming from the mouth of the Motagua River in neighboring Guatemala. It poses a problem for the local economy because it depends on the tourism the beaches attract.

“This wave of trash which came from the Motagua River really surprised us, and even though it caused problems, it has not stopped our activities,” Honduran environment official Lilian Rivera said, as Yahoo News reported. “We are committed to cleaning our beaches and keeping them clean, but today we are demanding that authorities in Tegucigalpa take strong actions, actions to find a permanent solution to this problem.”

Tegucigalpa is the capital of Honduras.

The Hondoran government, meanwhile, has demanded action from Guatemala to stem the tide of plastic, according to Voice of America.

But the plastic flowing from Guatemala’s Motagua River is an ongoing problem for the region, as The Intercept reported in 2019. The plastic tide is fed by the fact that Guatemala has few managed landfills or wastewater treatment plants. The plastic then washes out in the Caribbean Sea, home to the biodiverse Mesoamerican reef.
» Read article        

» More about plastics in the environment

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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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