e360 digest
Policy & Politics


18 Jun 2014: Global Energy Systems Must
Prepare for Climate Change, Study Says

Power plants and energy systems around the world will experience potentially disastrous effects from climate change and should develop plans for dealing with those effects, according to a report released today by the World Energy Council and European researchers. Long-term droughts, for example, could threaten water supplies needed to cool large power plants as they produce electricity, the report notes. Many energy facilities are also lacking protection from floods, rising seas, and severe weather events — a problem highlighted by the 2011 Fukushima nuclear disaster. Strong global political action could have major impacts on the energy sector, the report says, especially if governments make a coordinated effort to invest in renewable and low-carbon energy and upgrades to power distribution grids.
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06 Jun 2014: Brazil Leads the World
In Cutting Deforestation, Analysis Finds

Brazil has become the world leader in reducing deforestation and, at the same time, has increased its soy and beef production, researchers report in the
Amazon rainforest near Manaus, Brazil

Amazon rainforest near Manaus, Brazil
journal Science. The country has cut its forest loss by 70 percent since 2004, sparing more than 86,000 square kilometers of rainforests and keeping more than 3.2 billion tons of carbon dioxide out of the atmosphere. Brazil's decline in deforestation in 2013 alone represented a 1.5 percent reduction in global emissions that year, the report says; globally, tropical forest loss accounts for 15 percent of global carbon dioxide emissions. The analysis credits the success to bold government policies, pressure from environmental groups, and market fluctuations in the price of soy and beef, but the authors warn that these wins may be short-lived without more positive incentives for farmers. “These gains are globally significant, but fragile,” one researcher explained. “We’re bumping up against the limits of what can be achieved through punitive measures.”
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04 Jun 2014: New Ozone-Depleting Gases
Discovered in Atmosphere, Researchers Say

Researchers this week identified three new ozone-depleting gases in the atmosphere, bringing the total number of such gases discovered this year to seven.
Ozone hole, September 2013

Ozone hole as of September 2013
Alone, none of the three gases were found in concentrations high enough to harm the ozone layer, researchers from the University of East Anglia. But the scientists believe more such gases will likely be discovered, and, cumulatively, they could have a significant impact. Two of the newly discovered gases are chlorofluorocarbons (CFCs) and one is a hydrochlorofluorocarbon (HCFC), both of which were once widely used in refrigerants. All three of the newly discovered gases are likely man-made, researchers said. Both CFCs and HCFCs fall under the Montreal Protocol, an international agreement that bans the use of 13 such compounds. Including the four new gases discovered earlier this year, there are now a total of 20 known ozone-depleting gases.
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03 Jun 2014: Developing Countries Lead
Global Surge in Renewable Energy Capacity

The number of developing nations with policies supporting renewable energy has surged more than six-fold in just eight years, from 15 developing countries

Click to Enlarge
Countries with renewable energy policies

Countries with renewable energy policies in place
in 2005 to 95 early this year, according to a report from REN21, an international nonprofit renewable energy policy network. Those 95 developing nations today make up the vast majority of the 144 countries with renewable energy support policies and targets in place. The report credits such policies with driving global renewable energy capacity to a new record level last year — 1,560 gigawatts, up 8.3 percent from 2012. More than one-fifth — 22 percent — of the world's power production now comes from renewable sources. Overall, renewables accounted for more than 56 percent of net additions to global power capacity in 2013, the report says. Although financial and policy support declined in the U.S. and some European countries, China, the U.S., Brazil, Canada, and Germany remained the top nations for total installed renewable power. China's new renewable power capacity surpassed new fossil fuel and nuclear capacity for the first time, the analysis found.
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02 Jun 2014: New U.S. Coal Plant Rules
Could Lead to a Steep Drop in Emissions

The Obama administration today unveiled a sweeping new plan that aims to cut carbon dioxide emissions from the nation’s 600 coal-fired power plants by roughly a third. Gina McCarthy, administrator of the U.S. Environmental Protection Agency, said the new rules would give states maximum flexibility to achieve the goal of reducing power plant emissions 30 percent below 2005 levels by 2030. Hundreds of coal-fired power plants are expected to close under the EPA plan. But rather than immediately shutting down plants, states would be allowed to reduce emissions by making changes across their electricity systems — by installing new wind and solar generation or energy-efficiency technology, continuing to expand the use of natural gas, and by starting or joining state and regional “cap and trade” programs. “There is no one-size-fits-all solution ... so each state’s path can be different,” said McCarthy. The proposed regulations could be held up by legal challenges. Obama administration officials said the rules would lift the U.S. into a clear global leadership position on combating global warming.
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Video Report: Americans on the
Front Lines of Climate Change


A fire chief in Colorado whose department is battling increasingly intense blazes in the American West. A Texas rancher struggling to operate in the face of years of drought. Oyster farmers in Washington state scrambling to adapt to increasingly acidic waters that are damaging their harvests. These Americans are the subjects of videos created by The Story Group, a non-profit journalism initiative. The videos are meant to put a human face on the science behind the recently released National Climate Assessment, which stressed that global warming is already having a major impact on the United States.
Watch the videos.
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27 May 2014: To Sway the U.S. Public,
‘Global Warming’ Beats out ‘Climate Change’

If politicians and scientists want to convey the urgency and importance of a warming world, they are far better off using the term "global warming" than “climate change,” according to a new report. Produced by researchers at the Yale Project on Climate Change Communication and George Mason University, the report says that Americans are much more familiar with the term “global warming” and that it engenders more negative associations and concern. Based on recent surveys, the report said moderates, women, Hispanics, political independents, and younger Americans associate “global warming” with alarming developments such as melting glaciers and extreme weather. Among many groups, “global warming” also creates a greater sense of threat to one’s family and future generations. “Scientists often prefer the term climate change for technical reasons, but should be aware that the two terms generate different interpretations among the general public and specific subgroups,” the report said. The survey found that among Republicans the two terms are generally synonymous.
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23 May 2014: Oil Drilling Permits
Issued for Key Area of Yasuni Park

The Ecuadorean government has issued permits to begin oil drilling in a key area of the Yasuni Biosphere Reserve and National Park, one of the most biodiverse places on the planet. Environment Minister Lorena

Watch e360 Video
Ecaudor's Yasuni Biosphere Reserve and National Park

Yasuni Biosphere Reserve
Tapia said the government had signed permits to begin preparations for drilling in the so-called ITT section of the park, which contains two uncontacted indigenous tribes; drilling itself could begin as early as 2016, the government said. Ecuador’s President, Rafeal Correa, had offered to ban drilling in large sections of the park if the international community raised $3.6 billion to compensate the country for leaving the oil in the ground. But after only $13 million was raised, Correa gave the green light to drilling, saying “the world has failed us.” Oil drilling has already taken place in some areas of the 6,500-square-mile park. As this Yale Environment 360 video shows, Yasuni is home to a remarkable array of species, including roughly 400 species of fish, 600 species of birds, and thousands of species of vascular plants and trees.
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22 May 2014: Donors Commit $220 Million
To Protect and Expand Huge Amazon Reserve

A coalition of private donors and government funders has pledged $220 million over the next 25 years to better protect the Amazon Region Protected Areas (ARPA), the world’s largest protected area network. WWF, the World Bank, the Gordon and Betty Moore Foundation, the Inter-American Development Bank, and more than a dozen other donors are contributing funds to the initiative, which also will add another 8.9 million hectares of Amazon rainforest to the ARPA program, driving the total to more than 60 million hectares. That’s 232,000 square miles, an area larger than France. Most of the funds will be used to better police and enforce environmental laws on ARPA territory, which includes 90 parks and comprises 15 percent of the Brazilian Amazon. "The explosion in demand for natural resources has made our parks and world heritage sites vulnerable," said WWF president Carter Roberts. The initiative is also upgrading long-neglected parks and creating sustainable-use reserves for local communities and indigenous people.
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Interview: Putting San Francisco
On the Road to Zero Waste by 2020

For 20 years, Jack Macy has spearheaded San Francisco’s efforts to become a global leader in recycling. In an interview with Yale Environment 360,
Jack Macy
Jack Macy
Macy describes how San Francisco has succeeded in reusing or composting 80 percent of its garbage and how the city has engaged the public in a recycling crusade, allaying initial fears of “trash police” sifting through residents’ garbage. While San Francisco has made tremendous progress, Macy says further changes are needed. “Part of the principle of zero waste is that the local government can’t shoulder all the burden,” he says, “so it’s important that we encourage consumers to take responsibility for what they buy ... and producer responsibility for the products they design and market.”
Read more.
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19 May 2014: India's New Prime Minister
Plans To Make A Major Push on Solar Energy

India's new government plans to bring electricity to the homes of its entire population of 1.2 billion within the next five years, largely through solar panel installations,
India's prime minister Narendra Modi
Narendra Modi
Bloomberg News reports. Although nearly 400 million Indians do not have access to electricity, newly elected prime minister Narendra Modi, who won an overwhelming victory in last week's national vote, has pledged to enable every household to run at least one light bulb by 2019. If all goes well, household solar projects would allow every home to run two light bulbs, a solar cooker, and a television, one of Modi's energy advisers said. The plan follows an unfulfilled pledge from the previous administration to bring electricity to all homes by 2012. Modi, who pioneered India's first incentive program for large-scale solar projects when he was chief minister of Gujarat state, has made expanding solar a top priority because it has the potential to create jobs and supply power to millions of households, many of which are scattered throughout rural areas and not connected to the grid. "We look upon solar as having the potential to completely transform the way we look at the energy space," said the energy adviser.
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Five Questions for John Holdren
On the U.S. Climate Assessment

The federal government this month released its National Climate Assessment, the most comprehensive report to
John Holdren
John P. Holdren

e360 Five Questions
date on the climate impacts already being felt in the U.S. Saying climate change “has moved firmly into the present,” the report documented how drier regions are growing drier, heat waves more intense, and large swaths of forest dying from insect infestations. Yale Environment 360 asked John P. Holdren, director of the White House Office of Science and Technology Policy, five questions about the report and about plans by President Obama to intensify actions to rein in CO2 emissions and adapt to rising seas and other changes.
Read more.
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29 Apr 2014: Exxon Mobil Arctic Project
Possibly At Risk Over Russia Sanctions

Exxon Mobil's development of a Russian Arctic oil project valued at nearly $900 billion is at risk following recent U.S. sanctions on Russian officials as a result of Ukraine's ongoing political crisis, Bloomberg News reports. Exxon Mobil has partnered with the Russian state-controlled oil company OAO Rosneft to drill an oil-rich geological structure known as Universitetskaya, which contains an estimated 9 billion barrels of oil, valued at $900 billion at current market prices. Rosneft's CEO, Igor Sechin, a longtime member of Russian President Vladimir Putin's inner circle, was sanctioned by the U.S. yesterday, exposing the partnership with Exxon Mobil to additional scrutiny. Exxon Mobil and Rosneft are set to invest an estimated $600 million in drilling at the site in the Kara Sea, which would make the project Exxon's most expensive to-date. A U.S. Treasury official said yesterday that U.S. companies can still do business with Rosneft, but some analysts say Russian companies could become wary of working with Western corporations in the future. Exxon said last week that the project is on schedule.
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28 Apr 2014: Economic Viability of Nuclear
Power Under Threat, Energy Group Says

Nuclear reactors in the U.S. need a boost — either through carbon taxes or regulations forcing coal-fired plants to slash emissions — or economic factors will force many to close, according to a report released today

Click to Enlarge
Replacing lost nuclear power

Replacing nuclear power
from a non-profit group. Nuclear power — currently the only major zero-carbon, around-the-clock baseload power source — supplies 19 percent of U.S. electricity and is key to meeting President Obama's pledge to reduce emissions 17 percent below 2005 levels by 2020, according to the Center for Climate and Energy Solutions. The economic viability of the 100 nuclear reactors in the U.S. is worsening, the report says, because of the abundance of cheap natural gas and rising wind energy production. A carbon tax or some form of carbon trading — for instance, requiring coal-fired plants to purchase and blend their electricity output with nuclear power — will be essential to keeping nuclear plants from closing before the end of their lifespans, the report contends. Four power companies recently announced the early retirement of five nuclear reactors, which constitute more than 4 percent of U.S. nuclear capacity, the group says.
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Five Questions for IPCC Chairman
On Future of Climate Change Action

The UN Intergovernmental Panel on Climate Change issued a report last month on steps the world can take
Rajendra Pachauri
Rajendra Pachauri

e360 Five Questions
to avoid the worst impacts of future climate change. It was the final interim report before the IPCC’s major Fifth Assessment Report due to be released in October. Yale Environment 360 asked Rajendra K. Pachauri, who has served as IPCC chairman since 2002, five questions about the latest report and about the prospects that the international community will finally take decisive action to address climate change at talks scheduled in Paris in 2015.
Read more.
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14 Apr 2014: Despite Stark Warnings,
UN Panel Finds Signs of Hope on Climate

Although greenhouse gas emissions continue to rise at an alarming rate, governments are beginning to embrace carbon-cutting initiatives, while technological advances are sharply reducing the cost of deploying solar and wind power, according to the latest report by the Intergovernmental Panel on Climate Change. The working group report on climate mitigation, released in Berlin, said that global CO2 emissions have risen about 2.2 percent a year this century — twice the rate of the last few decades of the 20th century — and that holding temperature increases to 2 degrees C (3.6 F) can only be achieved through an intensive push over the next 15 years. But the report also said that the political will to reduce carbon emissions seems to be rising around the world, and that shifting the global energy system from fossil fuels to zero- or low-carbon sources would reduce economic growth by only about .06 percent per year. “The loss in consumption is relatively modest,” said IPCC chairman Rajendra Pachauri. “The longer we delay the higher would be the cost.”
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Comment: e360 Point/Counterpoint Debate
On University Fossil Fuel Divestment

Scientists Charles H. Greene, of Cornell University, and Daniel M. Kammen, of the University of California, Berkeley, offer commentary on the recent Yale Environment 360 Point/Counterpoint articles on the
Divestment protest
James Ennis/Flickr
Student protest at Tufts University last spring
issue of whether universities should take a stand against climate change by divesting from companies that produce oil, natural gas, or coal. Greene and Kammen make the case that the movement to divest is gaining ground on U.S. campuses and will eventually succeed because fossil fuels are increasingly seen as a potentially risky investment. "We predict that divestment at the nation’s colleges and universities will occur much more rapidly than anybody imagined at the start of the campaign just over a year ago," they write. Read their comment.
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01 Apr 2014: Delaware River Watershed
Is Focus Of Large-Scale Restoration Project

A Philadelphia foundation is providing $35 million to launch a host of programs aimed at better protecting the Delaware River, which flows through the heart of
Delaware River Trenton
David Olah
Delaware River at Trenton, New Jersey
the populous U.S. eastern seaboard and provides drinking water for 15 million people. The William Penn Foundation, working with nonprofit groups such as The Open Space Institute, says its Delaware River Initiative will protect more than 30,000 acres of land, launch 40 restoration projects, create incentives for businesses and landowners to protect the watershed, and set up a comprehensive program of water quality monitoring that will enable the foundation and its partners to measure the success of their programs and the overall health of the river. A cornerstone of the foundation’s initiative will be its restoration and protection work in eight so-called “sub-watersheds” that feed into the Delaware River.
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25 Mar 2014: Consumer Products Giants
Commit to Deforestation-Free Palm Oil

Two major consumer products companies — General Mills and Colgate-Palmolive — have committed to using palm oil in their products that does not come from lands cleared from tropical forests, adding to the wave
Deforestation in Malaysian Borneo
Mongabay.com
of corporations that have pledged measures to protect southeast Asian rainforests. The consumer giants' new policies go beyond standards set by the industry's main certification body and include provisions to protect wildlife-rich rainforests, carbon-dense peatlands, and the rights of local communities. Environmental groups are welcoming the commitments, though some believe the companies' pledges should go further. The Union of Concerned Scientists questions General Mills' definition of "high carbon stock" forests, while Greenpeace is urging Colgate-Palmolive to move implementation up to 2015 from 2020. Environmental groups are hopeful that new commitments will pressure Proctor & Gamble, the last remaining consumer products giant without a similar pledge, to adopt deforestation-free palm oil policies.
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Five Questions for Mario Molina
On Climate Science’s PR Campaign

The American Association for the Advancement of Science (AAAS), the world’s largest scientific society, recently launched the “What We Know” campaign, designed to cut through the fog of misinformation about climate change and convey to the public the current state of climate science. Chairing that effort is Mario J. Molina, a chemist who won a 1995 Nobel Prize for his work on the threat to the world’s ozone layer. Yale Environment 360 asked Molina five questions about the AAAS campaign and why it might succeed where previous efforts have failed.
Read more.
PERMALINK

 

21 Mar 2014: Koch Brothers Biggest Lease
Holders in Alberta Tar Sands, Report Finds

The largest lease holder in Canada's oil sands is a subsidiary of Koch Industries, the conglomerate that is the source of the fortune owned by the controversial conservative political donors, Charles and David Koch. The Koch's holdings in the tar sands were disclosed by an activist group that analyzed mineral records of the Alberta government. The Koch subsidiary holds leases on at least 1.1 million acres in the northern Alberta oil sands, which span roughly 35 million acres; other industry experts estimate the total Koch holdings could be closer to 2 million acres. That puts Koch Industries ahead of energy heavyweights Royal Dutch Shell and Conoco Phillips, both of which lease significant acreage in the oil sands. The findings are likely to inflame the debate surrounding the proposed Keystone XL pipeline — which would transport tar sands oil to refineries in Texas — although the Koch's company has not reserved space in the pipeline. Activists argue that the Kochs do have a stake in the outcome of the Keystone XL battle because the pipeline would drive down crude oil transportation costs, benefiting all lease holders.
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18 Feb 2014: Website Allows Whistleblowers
To Report Wildlife and Forest Crimes

A new whistleblower site offers people a secure and anonymous way to report incidents of poaching, wildlife trafficking, and illegal logging around the world. The site is called WildLeaks, a nod to the well-known WikiLeaks site, and it's backed by the California-based Elephant Action League. Users can upload documents, video, or images detailing the crimes, and submissions will be encrypted so data and identities remain secure. The aim is to provide a safe way for citizens to report these illegal activities so that local and federal governments can take action. Prosecuting wildlife crimes and illegal logging is often a low priority in countries where some of the worst offenses occur; moreover, local government corruption often deters people from reporting such crimes, organizers say. "We [will] work to transform this information into a verified and actionable item, a point for launching an investigation or sharing it with the media or, when possible, with selected and trusted law enforcement officers, always aiming at exposing wildlife crimes and bringing the responsible individuals to justice," said the WildLeaks project leader.
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12 Feb 2014: Despite Costs, Most Americans
Want Action on Climate Change, Report Finds

A large majority of Americans — 83 percent — say the U.S. should make an effort to reduce global warming, even if those efforts have economic costs, according to a new report from the Yale Project on Climate Change Communication. As many as 56 percent of Americans would be willing to pay an extra $100 each year if their power company would generate 20 percent of its electricity from renewable sources. Corporations and industry should be doing more to stave off climate change, according to 65 percent of people interviewed in a national survey, and 61 percent believe individual citizens should also be taking a more active role. Many of the survey's findings are similar across Democratic and Republican party lines. Tax rebates for energy-efficient vehicles and solar panels are popular among people aligned with both parties, for example, as well as funding renewable energy research and regulating carbon dioxide as a pollutant. And people from both parties are generally supportive of ending all fossil fuel subsidies, although Democrats (67 percent) are more supportive of that policy than Republicans (52 percent).
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31 Jan 2014: U.S. State Department Report
Boosts Prospects of Keystone XL Pipeline

In a long-awaited report, the U.S. State Department has concluded that the carbon-heavy oil from Alberta's tar sands will be extracted whether or not the Keystone XL pipeline is built, improving the prospects that the highly controversial project will be built. In an environmental impact statement that was six years in the making, the State Department concludes that the process of extracting and burning tar sands oil creates 17 percent more greenhouse gases than traditional oil, but that the heavily polluting oil will be brought to market with or without the pipeline. "It's unlikely for one pipeline to change the overall development of the oil sands," said a State Department official. If completed, the pipeline would carry 830,000 barrels of oil a day from Alberta to refineries on the coast of the Gulf of Mexico. President Obama will make the final decision on the Keystone XL pipeline and he vowed last year that he would approve the pipeline only if it would not "significantly exacerbate" the problem of carbon emissions. Environmental activists such as Bill McKibben of 350.org have said it would be "game over" for the climate if Keystone XL is built.
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29 Jan 2014: Driven by State Incentives
Electric Cars Top Vehicle Sales in Norway

Norwegians have been snapping up electric cars: In the last three months of 2013, the Tesla Model S and Nissan Leaf outsold all other cars, including conventionally fueled models. But rather than environmental concerns,
Oslo EV
An EV charges up in Oslo
a host of government incentives — totaling an estimated $8,300 per vehicle — are largely driving the boom, the Guardian reports. Norway, a country of only 5 million people, currently has around 21,000 electric vehicles (EVs) on the roads, compared to 70,000 EVs among 313 million Americans and 5,000 EVs among 63 million people in the UK. More than 1,200 EVs are being sold in Norway per month thanks to incentives that include free electricity for recharging, lower sales tax rates, waived tolls, free parking, insurance discounts, and permission to drive in bus lanes, which are less crowded. The EV rush is expected to slow, however, as bus lanes become more crowded, and the government plans to end financial incentives once 50,000 EVs are registered, which could occur by 2016.
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16 Jan 2014: Pebble Mine Would Endanger
Alaska's Bristol Bay, Major EPA Study Finds

A three-year study by the U.S. Environmental Protection Agency (EPA) has determined that mining in Alaska's Bristol Bay area would pose significant dangers to the environment, a potentially fatal setback for plans
Bristol Bay watershed
Mulchatna River, part of Bristol Bay watershed
to develop Pebble Mine, a major open-pit mining project that aimed to exploit one of the largest and richest mineral deposits in the world. The EPA study cited concerns for the region's thriving sockeye salmon population and its native people, saying the mine would destroy 24 to 94 miles of salmon streams and 1,300 to 5,350 acres of wetlands, ponds, and lakes. Pebble Mine proponents, including Alaska Governor Sean Parnell, criticize the study as flawed and rushed, since the development company wasn't allowed to submit its mining plan before the EPA study. Native groups, fishermen, and environmental organizations are applauding the study. The proposed mine — which seeks to exploit gold, copper, and other metals — was already in trouble, with one of two major partners withdrawing from the project last year.
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08 Jan 2014: China Approves Major
Increase in Huge Coal Mining Projects

In 2013, the Chinese government approved 15 large coal mining projects that will produce more than 100 million new tons of coal a year. The expansion will lead to a 2 to 3 percent growth in coal production over the next several years, even as the country announced moves to reduce the severe air pollution choking major cities such as Beijing. Chinese officials will increase coal production while reducing pollution in population centers by closing outdated coal plants and creating huge “coal bases” that will mine and burn coal in remote regions of northwestern China, such as Inner Mongolia. Those bases, which will cost $8.9 billion to build, will generate electricity that will be transferred over an improved electricity grid to cities in China’s central and eastern regions. Deng Ping, an environmental campaigner with Greenpeace, said the scale of the new coal bases is unprecedented for China, adding, “Despite the climate change pressure, water resource scarcity, and other environmental problems, the coal industry is still expanding fast in northwest China.”
PERMALINK

 

06 Jan 2014: China Crushes Six Tons
Of Ivory to Stem Elephant Poaching

In an effort to stem elephant poaching, Chinese authorities have crushed six tons of confiscated ivory, the first such effort in the country's history. Coordinated by the State Forestry Administration and the General Administration of Customs, the event was widely publicized and aimed at spreading awareness in China of the scale of the global poaching crisis. Conservation
China's ivory crush
groups consistently name China as a major driver of elephant poaching, as the country's growing middle class has increasingly sought to buy ivory ornaments and ivory-based medicinal therapies, which have no scientific or medical basis. The six tons of ornaments and tusks that were crushed represent only a fraction of China's ivory stockpile, which is probably more than 45 tons, the Wildlife Conservation Society (WCS) estimates. Still, many conservation groups are applauding China's efforts. "This destruction of ivory by China is a symbol of the government's growing responsiveness to the ivory crisis," the WCS said.
PERMALINK

 

Interview: A Legal Call to Arms to
Fix Environmental and Climate Ills

University of Oregon law professor Mary Wood has an unsparing view of the state of environmental protection in the United States today: On a host of fronts — from climate change to the nationwide fracking boom —
Mary Wood
Mary Wood
the federal and state governments are failing to protect ecosystems and resources vital to current and future generations. In an interview with Yale Environment 360, Wood discusses why she believes the judiciary needs to step in to force the executive and legislative branches to protect natural resources that are part of the “public trust.” She also explains why she supports ongoing litigation to reduce carbon emissions under a related doctrine to safeguard the "atmospheric trust." Says Wood, "The political branches of government are doing next to nothing to address this crisis ... Across the board, agencies are not using the statutes to protect nature — they’re using statutes to permit damage to the environment."
Read the interview.
PERMALINK

 

17 Dec 2013: Australian Coal Projects
Threatened by Drop in Demand From China

Major Australian coal projects risk losing value due to falling demand from China, where leaders are increasingly concerned about growing public anger over severe air pollution, a new analysis from Oxford University has found. Future coal mining projects are vulnerable to being "stranded" by a range of policy changes from the Chinese government, including environmental regulation, carbon pricing, investment in renewable energy, and energy efficiency, the report said. One expert told The Guardian that global investors are already questioning the prudence of financing new fossil fuel projects. Backers of a handful of upcoming Australian coal projects "should seek clarity" on the associated costs, the Oxford analysis warns. It also cautions that Australian state governments could suffer if projects are mothballed or abandoned. Of particular concern are two mega-mines supported by Australia's Prime Minister Tony Abbott slated for development in Queensland. Once running at full capacity, the two projects combined would produce enough coal to emit more than 70 millions tons of CO2 a year.
PERMALINK

 

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