The Conversation, 18 December 2018
Three years after the Paris Agreement was struck, we now finally know the rules – or most of them, at least – for its implementation. The Paris Rulebook, agreed at the UN climate summit in Katowice, Poland, gives countries a common framework for reporting and reviewing progress towards their climate targets. Yet the new rules fall short in one crucial area. While the world will now be able to see how much we are lagging behind on the necessary climate action, the rulebook offers little to compel countries to up their game to the level required.
Posts from the ‘Energy’ Category
The Conversation, 18 December 2018
AP News, 15 December 2018
California moved Friday to eliminate climate-changing fossil fuels from its fleet of 12,000 transit buses, enacting a first-in-the-nation mandate that will vastly increase the number of electric buses on the road. The California Air Resources Board voted unanimously to require that all new buses be carbon-free by 2029. Environmental advocates project that the last buses emitting greenhouse gases will be phased out by 2040.
The Guardian, 17 December 2018
I remember well the first institution to announce it was divesting from fossil fuel. It was 2012 and I was on the second week of a gruelling tour across the US trying to spark a movement. Our roadshow had been playing to packed houses down the west coast, and we’d crossed the continent to Portland, Maine. As a raucous crowd jammed the biggest theatre in town, a physicist named Stephen Mulkey took the mic. He was at the time president of the tiny Unity College in the state’s rural interior, and he announced that over the weekend its trustees had voted to sell their shares in coal, oil and gas companies. “The time is long overdue for all investors to take a hard look at the consequences of supporting an industry that persists in destructive practices,” he said.
Financial Times, 13 December 2018
Australia overtook Qatar to become the world’s biggest exporter of liquefied natural gas last month following a $200bn decade-long investment to ship the fuel to Asia. But the export boom has come at a cost. The country is now facing a looming domestic gas shortage in its most populous states, leading prices to skyrocket and concerns over security of supply to increase.
Bloomberg, 5 December 2018
Volkswagen AG expects the era of the combustion car to fade away after it rolls out its next-generation gasoline and diesel cars beginning in 2026. Traditional automakers are under increasing pressure from regulators to reduce carbon-dioxide emissions to combat climate change, prompting Volkswagen to pursue a radical shift to electric vehicles.
Bloomberg, 3 December 2018
Qatar said it will leave OPEC next month in a move that threatens to fracture the group’s unity just as it tries to maintain a global coalition to control the oil market. Qatar, a member since 1961, is leaving to focus on its natural gas production and has informed the Organization of Petroleum Exporting Countries of its decision, Energy Minister Saad Sherida Al-Kaabi told a news conference in Doha on Monday. A spokesman for the group declined to comment.
EIA, 29 October 2018
U.S. electric power sector carbon dioxide emissions (CO2) have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity. EIA has calculated that CO2 emissions from the electric power sector totaled 1,744 million metric tons (MMmt) in 2017, the lowest level since 1987.
Oil Price, 21 October 2018
Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, reached despite the often-cited poor shape of the Russian economy and negative impact of Western sanctions, not to mention the restrictions self-imposed on Moscow by the 2016 deal with the Organization of the Petroleum Exporting Countries (OPEC) (see Jamestown.org, March 8). Commenting on this fact, Vagit Alekperov, LukOIL’s CEO and principal shareholder, assumed the current output levels cannot be sustained, arguing that Russia has already reached the limit of its oil production capacity. On the other hand, Russia’s Energy Minister Alexander Novak strongly disagreed (Neftegaz.ru, October 3).
NBC News, 13 October 2018
When Michael Ramsey, an analyst for technology research firm Gartner, started in February to put together his 2018 “hype cycle” report for the future of transportation, he had plenty of topics to choose from: electric vehicles, flying cars, 5G, blockchain, and, of course, autonomous vehicles. But one type of transportation is conspicuously absent from the results of the report: electric scooters.