A landmark ruling on climate change [Recharge]
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Recharge is a weekly e-mail digest of energy news and analysis written by Monitor reporters David J. Unger and Jared Gilmour.
The Hague: For the first time, a court has ordered a federal government to accelerate its climate change efforts based on the state's duty to prevent harm to its citizens. Instead of reducing emissions 14 to 17 percent compared to 1990 levels by 2020, the Dutch government must now cut emissions 25 percent over the same time period. Of course the ruling won’t make or break the world’s 2 degrees C. target, but it could set a precedent for similar action in other countries.
Opt out: GOP pushback against Obama’s climate agenda is gaining traction. Gov. Mike Pence of Indiana signaled that his state may not comply with the EPA’s Clean Power Plan, joining Govs. Scott Walker of Wisconsin and Mary Fallin of Oklahoma in opposing it. House Republicans also passed a bill letting states opt out of the EPA plan, which aims to cut power plant emissions and is the centerpiece of the US pledge toward December climate talks. It’s not clear the bill has a path through the Senate, though, and Obama has promised a veto regardless.
Turkish Stream: Russia’s latest attempt to bypass Ukraine in gas transit is moving forward. State-owned Gazprom got the green light this week to perform surveys for a major gas pipeline in the Black Sea off Turkey’s coast. Like previous projects,Turkish Stream aims to revive Russia’s waning influence on European energy markets. But with NATO troops assembling in Eastern Europe, and the EU extending sanctions against Russia, it’s hard to imagine Turkish Stream ever reaching European soil.
In the pipeline
- Monday, June 29: BRUSSELS – The EU and China meet for their annual summit. China, the world’s largest emitter, is expected to formally announce its climate plans at the summit or soon after.
- Tuesday, June 30: VIENNA – Iran nuclear talks are slated to conclude, though they are expected to continue past the self-imposed deadline. Meanwhile,major oil firms are eying a return to Tehran.
Drill deeper
In new energy era, what counts as 'oil'?
[Carnegie Endowment via The Christian Science Monitor]
“Despite John D. Rockefeller’s successful corporate marketing, there is no standard oil,” writes Deborah Gordon, director of the energy and climate program at the Carnegie Endowment. “From its sheer volumes to what it’s made of and its environmental impacts, the next century of oil will likely be very different from the last.”
The story of the invention that could revolutionize batteries—and maybe American manufacturing as well [Quartz]
For energy storage technologies, the real cost reductions may come on the manufacturing floor, not just the laboratory bench. It's why companies like Tesla Motors are investing in sprawling factories that will maximize economies of scale. 24M, a Cambridge-based startup, is looking to further bridge the innovation-production divide with lithium-ion batteries.
Pirates and hold-ups: crime strikes Venezuela's oil industry [Reuters]
"Workers recruited to be drillers end up as bandits who kill, rob, and hold up their colleagues or steal equipment," says Americo De Grazia, an opposition legislator on the National Assembly's commission on energy and petrol. "They're turning the oil industry into a no man's land where no one can instill order."
Energy sources
- Jay S. Famiglietti, a professor of earth system science at the University of California, Irvine via The New York Times: "We’re depleting one third or more of the world’s major aquifers at a pretty rapid clip. And there’s not as much water there as we think."
- Bloomberg New Energy Outlook 2015: "By 2040, the world’s power-generating capacity mix will have transformed: from today’s system composed of two-thirds fossil fuels to one with 60% from zero-emission energy sources. Renewables will command just under 60% of the 9,786GW of new generating capacity and two-thirds of the $12.2 trillion of investment."
- Christiana Figueres in response to European oil majors’ call for a global carbon price: "Through scaling up your own emissions reductions efforts, engaging in specific details about carbon pricing, ensuring your government engagement is consistent and by planning for a long term transition to a low carbon economy, your companies and others in your sector can play a crucial role in managing and reducing the threat from climate change. The world wants to be proud of your actions at this time of crisis and I look forward to your giving us every reason to be."
Unplug
Recharge is a weekly e-mail digest of energy news and analysis written by Monitor reporters David J. Unger and Jared Gilmour.