Today’s Climate: February 18, 2009

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Obama: Technology, Including CCS, in World’s Energy Future (CBC)

In a CBC interview ahead of his Thursday Canada trip, where the Alberta tar sands will be an issue, President Obama suggested that technology would be the ultimate solution to create clean energy everywhere.

TVA Ready to Revise Strategy for Future (Chattanooga Times Free Press)

With its environmental image stained by recent spills and its financial standing weakened by the economic slump, the Tennessee Valley Authority is ready to revamp its blueprint for the future.

GM Reorganization Would Dump Hummer, but Asks for Billions (Washington Post)

The automakers said they may need as much as $21.6 billion more from U.S. taxpayers to survive. Financial experts close to the Obama administration say any financial aid for the ailing automakers will come fully loaded with wrenching restructuring plans.

China, Russia Strike $25 Billion Oil Pact (Wall Street Journal)

China reached a long-term deal to lend $25 billion to two Russian energy companies in exchange for an expanded supply of Russian oil, highlighting how the world’s No. 3 economy is using its financial muscle to lock up access to natural resources.

EU Dives into Carbon Capture (New York Times)

The European Union is making permits, worth over $11 billion, to develop up to 12 pilot projects to prove that carbon capture and sequestration technology can work on a commercial scale.

World Bank: Andes Glaciers Could Be Gone in 20 Years (AP)

Global climate change threatens the complete disappearance of the Andes’ glaciers within the next 20 years, putting precious water, energy and food sources at risk, according to a report from the World Bank.

U.S., China Swap Ideas on Clean Energy (Seattle Times)

The U.S. and China should begin cooperating on clean energy by co-funding a joint research and development center with shared intellectual property, creating tax-free "special energy zones" within cities to demonstrate new projects, and training a corps of energy-conservation auditors, say scientists and officials on both sides.

Russian Companies Eye Vast Mongolian Coal Deposits (Dow Jones)

A consortium of three Russian companies has submitted an investment proposal to the Mongolian government to develop Tavan Tolgoi, one of the world’s largest coal deposits, spokespeople of two of the companies said today.

New Arctic Feedback: Peat Circles (Nature)

Researchers have discovered new hot spots for emissions of the greenhouse gas nitrous oxide: barren patches of peat dotted across northern tundra. Warming in the Arctic could accelerate the output.

Wind Turns Alaska into Green Power Frontier (New York Times)

Alaska is becoming a testing ground for new technologies and an unlikely experiment in oil-state support for renewable energy. In remote villages, where diesel to power generators is shipped by barge and can cost more than $5 a gallon, electricity from wind power is already competitive.

Butterfly Colony Trial Suggests Way to Adapt to Climate Change (Reuters)

An experiment relocating butterfly colonies in Britain shows that animals and plants can be moved cooler habitats to help them survive global warming, scientists said today. It won’t be cheap.

Unveiled: Inhofe Spokesman’s Pack of Climate Deniers (Think Progress)

Marc Morano, Sen. Jim Inhofe’s environmental communications director, sits at the center of the right-wing global warming denier propaganda machine — of fifty-two people. They jumped on this post right away.