2014-09-25 Energy Week

Please note that this post is being developed.

Friday, September 19:

¶   The decision by the Scottish electorate to remain within the UK leaves the way open for a number of projects that are dependent on UK subsidies to proceed. Independence would have required negotiation on energy with the remainder of the UK, creating market uncertainty. [Windpower Monthly]

¶   Ahead of a UN climate summit, institutional investors managing £15 trillion ($24.6 trillion) of assets are also calling on governments to phase out subsidies for fossil fuels, an estimated £370 billion ($606 billion) worldwide a year, five times the £60 billion paid in renewables subsidies. [The Guardian]

¶   According to the CEO of SolarCity, within ten years every set of solar panels sold by that company will come with a battery backup system, and the energy produced will be less expensive that grid power. [Treehugger]

Saturday, September 20:

¶   Rocky Mountain Institute’s Micropower Database documents the global progress of distributed, rapidly scalable, and no- or low-carbon generators. Its most astonishing finding: micropower now produces about one-fourth of the world’s total electricity. [Forbes]

¶   French investment bank Kepler Chevreux analysis says $100 billion invested in either wind energy or solar energy – and deployed as energy for light and commercial vehicles – will produce significantly more energy than that same $100 billion invested in oil. [CleanTechnica]

¶   Work on Vietnam’s first nuclear power plant will not begin at the end of this year as originally planned, Deputy Trade Minister Cao Quoc Hung said Thursday. Construction was pushed back until 2020 or 2022 to ensure the highest safety precautions. [Thanh Nien Daily]

Sunday, September 21:

¶   “Errors and Emissions – Could Fighting Global Warming Be Cheap and Free?” Two reports both claim strong measures to limit carbon emissions would have hardly any negative effect on economic growth, and might even lead to faster growth. But will anyone believe the good news? [New York Times]

¶   Last month was the warmest August since records began being kept in 1880, according to NOAA. They also projected out scenarios for the rest of the year making clear that 2014 is going to be one of the very hottest years on record — and possibly the hottest. [Energy Collective]

¶   A march in London today to demand urgent action on climate change is one of 2,000 events taking place in 150 countries around the world ahead of a United Nations climate summit next week. Some 100,000 people are expected to get involved in New York City. [Daily Mail]

¶   On the eve of the UN Climate Summit, Desmond Tutu argues that tactics used against firms who did business with South Africa must now be applied to fossil fuels to prevent human suffering. [The Guardian]

Monday, September 22:

¶   In the past few years, to the surprise of many, both China and the US have taken major steps away from coal. This opens up a crucial window of opportunity to achieve what many thought was a lost cause – a peak in global emissions of heat-trapping gases well before 2020. [RenewEconomy]

¶   With the UN Climate Summit coming up, major companies, including Big Oil, will make pledges to help fight global warming by cutting their heat-trapping carbon dioxide emissions, protecting the world’s forests and reducing methane leakage from fossil fuel production. [Pensacola News Journal]

Tuesday, September 23:

¶   At the United Nations Climate Summit, which begins today, the European Commission will formally recommend a 40% cut in heat-trapping greenhouse gas emissions by 2030 for its 28 member countries, its president said on Monday. Now, the US, China, and India need to step up. [Tribune-Review]

¶   Australia’s Federal Government says coal will serve as an affordable, dependable energy source for decades to come, but the UN’s climate chief has questioned whether that is in Australia’s best interests long term and says that coal has no future in the world’s energy mix. [ABC Online]

¶   Google’s controversial decision to fund the American Legislative Exchange Council (ALEC) was a “mistake,” company chairman Eric Schmidt admitted on Monday, saying the group is spreading lies about global warming and “making the world a much worse place.” [ThinkProgress]

¶   In a highly symbolic gesture with real bottom line impact, the Rockefeller family, whose fortune came from oil, has announced that its eight hundred sixty million dollar philanthropic organization will sell off its assets linked to fossil fuel companies and invest in renewable energy. [3BL Media]

Wednesday, September 24:

¶   David Cameron announced at the Climate Summit that shale gas is part of Britain’s solution to tackling global climate change. Friends of the Earth however slammed Mr Cameron’s speech saying promoting fracking at a climate change summit “is liking trying to sell cigarettes at a hospital.” [Energy Live News]

¶   In New Zealand, the new chief executive of the country’s Petroleum Exploration and Production Association told Radio New Zealand this morning that his industry is ready and willing to adapt to “the transition that we know will ultimately occur.” This leaves political climate change deniers out in the cold. [Scoop.co.nz]

¶   An alliance of four companies say they have found an answer to an energy storage problem in an underground salt formation. The group proposes an $8 billion power project that would store power from a huge wind farm in Wyoming and deliver it to over 1 million households in Southern California. [NEWS.GNOM.ES]

Thursday, September 25:

¶   Major new analysis produced by Australia’s ClimateWorks, along with Australian National University, shows that 15 of the world’s biggest economies can move to “net carbon zero” by 2050, and it need impose no extra costs over business as usual. In fact, electricity bills will be lower than what they are now. [CleanTechnica]

 

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