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China Plans to Start National Carbon Market in Next Two Years

Nov 25, 2014
(Bloomberg)

China, the world’s largest greenhouse gas emitter, plans to start a nationwide carbon market in the next two years following a pledge to cap emissions by 2030.

Opening in 2016, the market would have matured by 2020, Su Wei, an official at the climate change department under the National Development and Reform Commission, said today at a press conference in Beijing. China, which is working on an absolute control plan for carbon emissions, may announce rules for carbon-permit trading as early as the end of the year, Su said.

U.S. Treaty Envoy: Climate Deal Must Leave 'a Lot' of Fossil Fuels in the Ground

Nov 25, 2014
(Guardian)

The world’s fossil fuels will "obviously" have to stay in the ground in order to solve global warming, Barack Obama’s climate change envoy said on Monday.

In the clearest sign to date the administration sees no long-range future for fossil fuel, the state department climate change envoy, Todd Stern, said the world would have no choice but to forgo developing reserves of oil, coal and gas.

The assertion, a week ahead of United Nations climate negotiations in Lima, will be seen as a further indication of Obama’s commitment to climate action, following an historic US-Chinese deal to curb emissions earlier this month.

A global deal to fight climate change would necessarily require countries to abandon known reserves of oil, coal and gas, Stern told a forum at the Center for American Progress in Washington.

"It is going to have to be a solution that leaves a lot of fossil fuel assets in the ground," he said. "We are not going to get rid of fossil fuel overnight but we are not going to solve climate change on the basis of all the fossil fuels that are in the ground are going to have to come out. That’s pretty obvious."

Last week's historic climate deal between the US and China, and a successful outcome to climate negotiations in Paris next year, would make it increasingly clear to world and business leaders that there would eventually be an expiry date on oil and coal.

"Companies and investors all over are going to be starting at some point to be factoring in what the future is longer range for fossil fuel," Stern said.

Kinder Morgan Protest Arrests Continue In B.C., 11-Year-Old Girl Taken Into Custody

Nov 24, 2014
(The Canadian Press via Huffington Post)

At least a dozen protesters including an 11-year-old girl were taken into custody Sunday on a mountain near Vancouver as a demonstrations continued against a controversial pipeline project.

Dozens of people have been arrested since Thursday, when the RCMP began enforcing a court injunction ordering protesters to clear a pair of work sites on Burnaby Mountain, where Kinder Morgan is conducting drilling and survey work related to the proposed expansion of its Trans Mountain pipeline.

EPA Punts on Renewable Fuels Standard

Nov 22, 2014
(Bloomberg)

The Obama administration's decision to put off this year's quotas for using renewable fuels sets up fights in Congress and the courts over a program that has been bitterly contested for nearly a decade.

The delay, announced yesterday by the U.S. Environmental Protection Agency, caps months of fighting between refiners and ethanol producers over a proposal by the agency to lower the quotas for using ethanol, biodiesel and cellulosic fuels.

1 Killed, 3 Injured in Explosion on Gulf of Mexico Oil Platform

Nov 21, 2014
(Wall Street Journal)

An explosion at an offshore oil and gas platform in the Gulf of Mexico killed one worker and injured three others Thursday afternoon, the Bureau of Safety and Environmental Enforcement said.

Fieldwood Energy LLC of Houston reported the blast around 3 p.m. at its Echo platform about 12 miles off the Louisiana coast. The oil and gas pumping facility wasn't producing fuel at the time and no pollution has been reported, according to the federal regulator.

MoveOn.org Warns Clinton: Back Keystone, Lose Your Base

Nov 20, 2014
(National Journal)

The progressive group MoveOn.org is pressing Hillary Clinton to come out against the Keystone XL oil-sands pipeline, warning that she could lose Democratic voters if she doesn't take a stand against the project.

"Hillary Clinton's refusal to take a position raises the possibility that she is worse on climate change than 80 percent of the incoming Senate's Democratic Caucus," said Anna Galland, executive director of MoveOn.org Civic Action.

She warned: "If she's considering a run for president and wants the support of the party's base, Hillary Clinton should clarify that she opposes this dirty and dangerous pipeline."

Harvard Students Move Fossil-Fuel Divestment Fight to Court

Nov 19, 2014
(New York Times)

A group of Harvard students, frustrated by the university's refusal to shed fossil fuel stocks from its investment portfolios, is looking beyond protests and resolutions to a new form of pressure: the courts.

The seven law students and undergraduates filed a lawsuit on Wednesday in Suffolk County Superior Court in Massachusetts against the president and fellows of Harvard College, among others, for what they call "mismanagement of charitable funds." The 11-page complaint, with 167 pages of supporting exhibits, asks the court to compel divestment on behalf of the students and "future generations."

Senate Narrowly Fails to Pass Keystone XL Pipeline Bill

Nov 18, 2014
(Reuters)

The U.S. Senate on Tuesday narrowly failed to pass a bill that would have approved construction of the controversial Keystone XL pipeline, rejecting a measure the House of Representatives approved last week.

The vote count was 59-41 in favor, but 60 "ayes" would have been needed to assure passage. Fourteen Democrats voted for the bill, joining all 45 Republicans who voted to support the pipeline.

TransCanada Corp's $8 billion pipeline would help transport crude oil from Canada to the Gulf of Mexico, but is opposed by environmentalists.

Keystone Senate Vote Hangs in Balance After Obama Remarks

Nov 17, 2014
(Reuters)

Supporters of the Keystone XL pipeline in the U.S. Senate scrambled on Monday to gather votes to pass a bill that authorizes the project to help send Canadian oil to the U.S. Gulf, a task made harder after President Barack Obama made his toughest comments yet on the topic.

With her chamber stuck at 59 votes in favor of Keystone XL, Senator Mary Landrieu, a Louisiana Democrat, worked hard to gather one last vote needed to pass a bill that the House of Representatives approved on Friday. The Senate is expected to vote as early as 6:15 p.m. EST (2315 GMT) on Tuesday on TransCanada Corp's project that would transport more than 800,000 barrels per day of oil.

Canada Breaks With Australia to Contribute to Green Climate Fund

Nov 17, 2014
(Guardian)

Canada – one of the few countries previously in line with Australia's opposition to the international Green Climate Fund – now appears to have changed its mind, with Tony Abbott’s close friend prime minister Stephen Harper saying he is preparing to make a contribution.

Abbott has defied global pressure to commit to the fund, designed to help poor countries adapt to climate change, because Australia is already spending $2.5bn on its domestic Direct Action fund and providing $10bn in capital to a so-called "green bank" – which he is trying to abolish.

World leaders forced Australia to include stronger language about the Green Climate Fund in the G20 communique – and during the summit Barack Obama pledged the US would contribute $3bn to it and the Japanese prime minister, Shinzo Abe, offered $1.5bn. But soon after the conference was over Abbott indicated it would make no immediate difference to Australia’s position.