“The Web's most influential climate-change blogger” — Time Magazine A Project of Center for American Progress Action Fund

Archive for the ‘Climate Progress’ Category

Energy and Global Warming News for October 21: Developing nations join West in deforestation fight

Wednesday, October 21st, 2009

Developing nations join West in deforestation fight

Six developing countries will join five western nations, including the United States and Britain, to combat climate change by better managing forestry resources, the World Bank said Tuesday.

The Forest Investment Program (FIP) will meet for the first time on October 29 in Washington to kickstart the program and discuss the criteria for selecting countries or regions of the world that could benefit most from the effort. Brazil, the Democratic Republic of Congo, India, Morocco, Nepal, and Romania will join donor nations Australia, Denmark, Norway, Britain and the United States, who have jointly pledged some 350 million dollars to fund the project.

The FIP is among the first of a new generation of partnerships between developing and developed countries working to combat the threat of climate change through forest management, the World Bank said.

“This new program will provide much-needed upfront investment to developing countries and forest-dependent communities to help them prepare for and benefit from financial flows for the sustainable management of forests,” said Eduardo Saboia, who represented Brazil in earlier meetings aimed at designing the FIP.

Global deforestation, which is advancing at a rate of five percent per decade, is responsible for 20 percent of all the annual carbon dioxide emissions. The 20 percent figure is roughly equivalent to the total annual emissions of either the United States or China, and surpasses the total yearly emissions from every car, truck, plane, ship and train on Earth, according to estimates provided by the United Nations.

(more…)

Coauthor of SuperFreakonomics apologizes to me

Wednesday, October 21st, 2009

[Note:  The error-riddled book is now searchable again on Amazon, so readers can confirm that all of my excerpts were correct and in context.  The book has garnered a number of positive comments from (fast) readers, even on the climate chapter whose main conclusion has been rejected by its two primary scientific sources -- see Dubner is baffled that Caldeira “doesn’t believe geoengineering can work without cutting emissions” and Myhrvold jumps ship on Levitt and Dubner.]

Deep in his Sunday, October 18 post attacking my accurate debunking of his book, Dubner has buried this apology:

(more…)

If you can stomach it … they couldn’t

Wednesday, October 21st, 2009

Warning:  The photo below the jump is quite disturbing.

Guest blogger A. Siegel focuses on a too-little-seen side of our unsustainably overconsuming, petroleum-based culture — humanity’s immense plastic footprint and what we can do about it. This was first published on his blog.

(more…)

Energy and Global Warming News for October 20: Brazil seeks climate target for all Amazon nations

Tuesday, October 20th, 2009

Brazil seeks climate target for all Amazon nations

Brazil wants to forge a common position among all Amazon basin countries for a global climate summit later this year, the country’s president, Luiz Inacio Lula da Silva, said on Monday.

Brazil has been seeking a growing role in climate talks designed to agree upon a reduction in greenhouse gas emissions, which are blamed for global warming.

Lula was considering inviting the presidents of all Amazon states to discuss the issue on November 26, he told reporters after a meeting in Sao Paulo with Colombian President Alvaro Uribe.

Brazil, one of the world’s top greenhouse gas emitters, is expected to announce its own targets for the December summit in Copenhagen by the end of this month. It is considering freezing its total greenhouse gas emissions at 2005 levels.

Lula last week said Brazil, which harbors the vast majority of the Amazon rain forest, would cut deforestation 80 percent by 2020 from a 10-year average through 2005. Other countries of the Amazon region include Bolivia, Peru, Ecuador, Colombia, Venezuela, Suriname, Guyana and French Guiana.

White House Announces Property Assessed Clean Energy (PACE) Program as Major Part of `Recovery through Retrofit`; Renewable Funding Envisioned the Model and is National Leader in Financing PACE Programs

(more…)

Energy and Global Warming News for October 19: Lower water tables in Africa; Cost of climate bill not so dire — Stanford Business School; Minister seeks unconditional CO2 curbs for India

Monday, October 19th, 2009

Massive African lake could dry up, U.N. agency says

Up to 30 million people are facing “a humanitarian disaster” as one of Africa’s biggest lakes shrinks, a United Nations agency warned Thursday.

Lake Chad was about the size of Maryland — bigger than Israel or Kuwait — in 1963, satellite images show. By 2001, it covered less than one-fifth of that area — making it smaller than Delaware or Mauritius. The drying-up of the shallow lake is fueling conflict and migration, the U.N.’s Food and Agriculture Organization said.

Once one of the biggest bodies of water in the world, it could disappear entirely in about 20 years, the FAO said, citing forecasts from the U.S. National Aeronautics and Space Administration.

“If that happens it’s going to be a disaster,” Parviz Koohafkan, director of the Land and Water Division of the FAO, told CNN by phone from Rome. The Lake Chad basin is “one of the most important agriculture heritage sites in the world — the biodiversity, the migratory birds, not to mention more than 20 million people living out of Lake Chad — fisherpeople, farmers.”

“It would be a human disaster, a tragedy,” he said. “In this case we have people who are the poorest of the poor.”

“In addition to an approximately 60 percent decline in fish production, there has been degradation of pasturelands, leading to a shortage of animal feed estimated at 45 percent in certain places in 2006, reduction in livestock and biodiversity,” the agency said. The disappearance of the lake is being caused by climate change, population pressure and natural variations in climate, the FAO said.

Two rivers which feed the lake, the Chari and Logone, have been significantly reduced in the past 40 years, the agency said. The organization will unveil the results of a study into the diversion of the Oubangui river in an effort to help Lake Chad at a conference, “Saving Lake Chad,” in Rome, Italy, on Friday.

Cost of “Cap-and-trade” Reduction in CO2 Emissions Not so Dire According to Stanford Business School Research

(more…)

Energy and Global Warming News for October 16: Toyota pursues shorter-range plug-in — that’s smart.

Friday, October 16th, 2009

http://images.thetruthaboutcars.com/2009/05/toyota-edf-plug-in-prius-01.jpg

Toyota plans a shorter-range plug-in hybrid

Toyota Motor Corp. is on track to start testing the prototypes for its first crack at plug-in hybrid cars later this year, a spokeswoman said yesterday.

By Jan. 1, the company expects to release 500 plug-in versions of its Prius onto American, European and Japanese roads, said Toyota spokeswoman Cindy Knight. The cars will use lithium-ion batteries, not the nickel-metal hydride packages seen in Priuses today.

The pilot will kick off a three-year effort by the Japanese auto giant to get data on how these cars fare in the real world: how they’re charged, how their batteries perform, and what sort of mileage they get. In recent years, Toyota has resisted pressure to develop a plug-in, even using commercials suggesting that plugging in hybrid vehicles is a bother.

Engineers will use the new plug-in data to design a more widely produced plug-in version of the Prius, but they don’t intend to copycat other companies’ plug-in efforts, said Tom Stricker, director of the energy and environmental research group for Toyota North America.

The Chevrolet Volt, which General Motors Co. has slated for release late next year, would get a range of 40 miles on all-electric power before firing up its gasoline engine. GM says it based the range on statistics showing that 75 percent of American commutes are less than 40 miles. Early forecasts are that Toyota will aim for an all-electric range of 10 to 15 miles instead.

Batteries are the most expensive part of any electric-drive vehicle, Stricker said, and Toyota has decided that a 40-mile range is too much.

I believe a shorter all-electric range makes sense for early plug ins from both a design and cost-effectiveness basis (see “CMU study suggests GM has wildly oversized the batteries in the Chevy Volt plug-in hybrid” and “Has GM overdesigned the Volt: Is a 40-mile all electric range too much?“)  Here’s more:

(more…)

Energy and Global Warming News for October 15: Arctic to be ice-free in summer in 20 years — scientist

Thursday, October 15th, 2009

http://climateprogress.org/wp-content/uploads/2007/12/ice-free.jpg

Arctic to be ice-free in summer in 20 years: scientist

Global warming will leave the Arctic Ocean ice-free during the summer within 20 years, raising sea levels and harming wildlife such as seals and polar bears, a leading British polar scientist said on Thursday.

Peter Wadhams, professor of ocean physics at the University of Cambridge, said much of the melting will take place within a decade, although the winter ice will stay for hundreds of years.

The changes will mean the top of the Earth will appear blue rather than white when photographed from space and ships will have a new sea route north of Russia.

Scientists say evidence of melting Arctic ice is one of the clearest signs of global warming and it should send a warning to world leaders meeting in Copenhagen in December for U.N. talks on a new climate treaty.

“The data supports the new consensus view — based on seasonal variation of ice extent and thickness, changes in temperatures, winds and especially ice composition — that the Arctic will be ice-free in summer within about 20 years,” Wadhams said in a statement. “Much of the decrease will be happening within 10 years.”

Wadhams, one of the world’s leading experts on sea ice cover in the North Pole region, compared ice thickness measurements taken by a Royal Navy submarine in 2007 with evidence gathered by the British explorer Pen Hadow earlier this year.

Hadow and his team on the Catlin Arctic Survey drilled 1,500 holes to gather evidence during a 280-mile walk across the Arctic. They found the average thickness of ice-floes was 1.8 meters, a depth considered too thin to survive the summer’s ice melt.

Sometimes referred to as the Earth’s air-conditioner, the Arctic Sea plays a vital role in the world’s climate. As Arctic ice melts in summer, it exposes the darker-colored ocean water, which absorbs sunlight instead of reflecting it, accelerating the effect of global warming.

Dr Martin Sommerkorn, from the environmental charity WWF’s Arctic program, which worked on the survey, said the predicted loss of ice could have wide-reaching effects around the world.

“The Arctic Sea ice holds a central position in our Earth’s climate system. Take it out of the equation and we are left with a dramatically warmer world,” he said.

“This could lead to flooding affecting one-quarter of the world’s population, substantial increases in greenhouse gas emissions …. and extreme global weather changes.”

Britain’s Energy and Climate Change Secretary Ed Miliband said the research “sets out the stark realities of climate change.”

“This further strengthens the case for an ambitious global deal in Copenhagen,” he added.

For more on declining Arctic ice volume, go here.

US aims for bilateral climate change deals with China and India

(more…)

Energy and Global Warming News for October 14: Cap and trade is best approach for economy — Exelon CEO; Developed nation oil demand peaked in 2005; China could cheaply control coal emissions — PNNL

Wednesday, October 14th, 2009

Exelon CEO: Cap and trade is best approach for economy

Exelon Chairman and CEO John W. Rowe said yesterday that cap-and-trade is the best approach for addressing global warming while sustaining an economic recovery. In a keynote address at the PennFuture Southeast Global Warming Conference in Penn Valley, Pa., Rowe said reducing carbon emissions will cost money, but the alternatives to cap-and-trade will cost more.

“The best way to address the climate problem and protect our nation’s fragile economic recovery is through cap-and-trade, which is the least expensive solution,” Rowe said. “Prices will go up, just not as much as with cruder tools. Plus, the legislation has provisions that will help reduce the impact to consumers.”

Rowe said that options like new nuclear plants, wind and solar, while appealing to many, actually cost much more than commonplace solutions like energy efficiency.

“Choosing more expensive options over cheaper ones adds costs that are passed through to businesses and consumers,” Rowe said. “That`s why we need a climate bill that takes advantage of the power of appropriately regulated and monitored markets, which will drive competition, innovation and low-cost solutions.”

In the wake of Exelon`s decision to withdraw from the U.S. Chamber of Commerce due to a disagreement on the urgency of addressing global warming, Rowe urged the nation’s business community to come together in support of climate legislation.

“Companies and business groups must recognize the need for strong action-or they will be left behind,” said Rowe. “We have faith in the ability of American business to come together to develop innovative and cost-effective solutions to the climate challenge.”

Exelon is not waiting for climate legislation to undertake its own effort to address climate change through Exelon 2020, an environmental and business strategy to reduce, offset or displace more than 15 million metric tons of greenhouse gas emissions per year by 2020. In April 2009, Exelon announced that it had reduced its greenhouse gas emissions by more than 35 percent from 2001 to 2008.

Rowe is the electricity industry`s longest-serving chief executive, with nearly 26 years as a utility CEO. Rowe was among the first CEOs in the industry to focus on climate change, first testifying before Congress on the potential effects of carbon emissions in 1992. He currently serves as co-chair of the bipartisan National Commission on Energy Policy, and previously chaired the Edison Electric Institute and the Nuclear Energy Institute.

Demand peaked in developed nations – never to return
(more…)

Energy and Global Warming News for October 13: California heats up incentives for solar power; China, Japan, S. Korea vow to make climate talks success

Tuesday, October 13th, 2009

http://image3.examiner.com/images/blog/EXID23959/images/arnold_solar.jpg

California heats up incentives for solar power

California is heating up its push for clean energy, as Governor Arnold Schwarzenegger approved a new subsidy for solar power on Monday and joined forces with the federal government to fast-track renewable energy projects.

California has the most aggressive renewable energy goals in the United States, which Schwarzenegger increased last month when he ordered that the state get a third of its electricity from renewable resources by 2020.

FBR Capital Markets analyst Mehdi Hosseini said the new subsidy for solar generation could be “explosive” on top of the existing investment tax credit for installing solar systems.

“This is above and beyond the subsidies that are already in place,” Hosseini said.

Feed-in tariffs set a higher price for renewables, and in Germany, such tariffs have pushed the country to be the world’s market leader in solar power.

China, Japan, SKorea vow to make climate talks success

(more…)

Not just for Treehuggers: France to Spend $2.2 Billion on Electric Car Charging Stations; Does Peeing Before Boarding an Airplane Really Save Carbon Emissions?

Monday, October 12th, 2009

The most widely read ‘green’ site on the Web has a firehose worth of material, in part because they themselves fill their hydrant with almost everything green that is published online.  I’m going to try clip some of the highlights regularly for CP readers:

france electric car charging stations photo

Yet another reason EVs trump FCVs (see “Climate and hydrogen car advocate gets almost everything wrong about plug-in cars“) — — people are actually spending big bucks to building the EV infrastructure

France to Spend $2.2 Billion on Electric Car Charging Stations

Build It And They Will Come
Electric cars and charging stations go together, but there’s a kind of chicken & egg problem; who’s going to build charging stations along highways and public roads if there are no electric cars, and who’s going to buy a electric car if there are no charging stations? The French government seems to have decided that the way to crack this dilemma is to build a network of charging stations using taxpayer money as part of a broader initiative to encourage the development of clean vehicle technology and battery manufacturing in the country.

Charging Sockets to Become Obligatory in Office Parking Lots
€1.5 billion (about $2.2 billion) will be spent by France on the network of EV charging stations, but also “the government will make the installation of charging sockets obligatory in office parking lots by 2015, and new apartment blocks with parking lots will have to include charging stations starting in 2012.”

Via Wall Street Journal

Coal-Fired Power Generator To Supplement Boiler Feed With Switchgrass And Sorghum

(more…)

Energy and Global Warming News for October 9: Granhom brings 160,000 clean energy jobs to hard-hit Michigan

Friday, October 9th, 2009

"We have great bones as a state," says Gov. Jennifer Granholm. "We know how to build stuff. We will build on that strength and diversify this economy. We will lead the nation in creating jobs in renewable energy."The WashPost of course didn’t use my headline, since for them, every silver lining has a cloud.  Obviously Michigan has had massive job losses in the auto industry, but how exactly does that translate into a “yellow light” for green jobs, except as a too-cute play on words at the expense of the real story:  Granholm has done her best to embrace the fastest growing source of new jobs in the nation and the world — clean energy jobs.  It’s hard to hold her responsible for the incompetence and shortsightedness of the US auto industry, whose collapse has been decades in the making, but she clearly deserves a lot of the credit for making Michigan hospitable to clean energy industries.

In Michigan, A Yellow Light For Green Jobs

If the future of American manufacturing lies in green industries, the Michigan governor’s pursuit of jobs offers a cautionary tale.

Four years ago, Jennifer M. Granholm set out to remake her state, which took an exceptional walloping with the decline of the auto industry, as a pioneer in creating environmentally friendly jobs. Today, however, jobs are still disappearing much faster than she can create them, raising questions about how long it will take Michigan and other hard-hit states to find new industries to employ their workers.

Since taking office in 2003, Granholm has created 163,300 positions, her office says. She expects that a recent infusion of more than $1 billion from the Obama administration aimed at nurturing car battery and electric-vehicle projects will generate 40,000 more positions by 2020….

In her effort to attract employers, the governor has taken up the latest arms in the economic arsenal — tax credits, loans, Super Bowl tickets and a willingness to travel as far as Japan for a weekend to try to persuade an auto parts company to bring more jobs to Michigan. She has won solar and wind energy, electric car batteries, and movie production jobs. About 10,800 of the new positions came from overseas companies, according to her office, the fruits of visits to seven countries.

Religious Groups Lobby for Climate Bill

(more…)

The Invention of Lying about Climate Change

Thursday, October 8th, 2009

http://img.amazon.ca/images/I/51Y1ZYWPQGL._SS500_.jpg

I don’t review many books because:

  1. It’s too time-consuming,
  2. I’m not sure how many of my readers (or anyone else) really devote time to reading non-fiction books on climate.
  3. There haven’t been many good books out there to review, books with useful, well-written information you can’t really get on the web.

But I have a dozen books on my table right now — and another dozen will be coming in the next couple of months.  Some are very good, including Gore’s new book on solutions due early November.  Right now, I am happy to unhesitatingly recommend Climate Cover-Up: The Crusade to Deny Global Warming by James Hoggan editor of  with Richard Littlemore, key figures behind the terrific Desmog.blog.

I think everyone who follows the climate issue needs to understand the whole gory history of the most immoral and, so far, most successful, disinformation campaign in US history — the effort, largely funded by conservatives and fossil fuel companies, to deny climate science and delay the urgent action needed to preserve the health and well-being of countless future generations:

(more…)

Energy and Global Warming News for October 8: Over 90% of Americans support solar power development

Thursday, October 8th, 2009

http://greenernews.files.wordpress.com/2009/07/solar_power_molten_salt.jpg

92% of Americans support solar power development, study says

The vast majority — 92% — of Americans think it’s important for the country to develop and use solar power, according to a study released today, making the alternative energy option potentially one of the most popular things since puppies or ice cream.

The sentiment was echoed almost evenly across political parties, with 89% of Republicans, 94% of Democrats and 93% of Independents agreeing that solar energy is an important aim.

The 2009 Schott Solar Barometer, conducted by independent polling firm Kelton Research, found that 77% of respondents also believe the federal government should make solar power development a national priority. Nearly half are considering solar power options for their home or business, while 70% of those hope to make the switch in the next five years. Only 3% already use the sun for energy.

If, as president of the U.S., they had to choose one energy source to fund, 43% of respondents would chose solar, followed by the 17% who picked wind, the 12% who settled on natural gas and the 10% who selected nuclear.

And yet only 12% of those polled could say that they were extremely informed about solar power while 74% said they wished they knew more about solar power options.

The study, conducted from Aug. 31 to Sept. 8, was commissioned by German photovoltaic company Schott Solar.

A Strong Climate Treaty Could Mean More Jobs Than If We Continue Using Coal

(more…)

Publicize or perish: The scientific community is failing miserably in communicating the potential catastrophe of climate change.

Wednesday, October 7th, 2009

Physics World asked me to write for a special issue on Energy, Sustainability and Climate Change.  The article, “Publicize or perish,” is online and reposted below with links.

Scientists must get better at messaging about climate change before it is too late. (Credit: Photolibrary)

The fate of the next 50 generations may well be determined in the next few months and years. Will the US Congress agree to a shrinking cap on greenhouse-gas emissions and legislation to achieve the transformation to clean energy? If not, you can forget about a global climate deal. But even if the bill passes and a global deal is achieved, both will need to be continuously strengthened in coming years, as the increasingly worrisome science continues to inform the policy, just as in the case of the Montreal Protocol on ozone-depleting substances.

The International Scientific Congress on climate change held in Copenhagen in March, which was attended by 2000 scientists, concluded that “Recent observations confirm that, given high rates of observed emissions, the worst-case Intergovernmental Panel on Climate Change (IPCC) scenario trajectories (or even worse) are being realized.” That would mean that by 2100 there would be atmospheric concentrations of carbon dioxide of more than 1000 ppm, total planetary warming of 5 °C and sea-level rises probably on the high end of recent projections of 1–2 m followed by a rise of as much as 2 cm per year or more for centuries. We would also see one-third of inhabited land reaching dust bowl levels of aridity, half or more of all species becoming extinct, and the oceans increasingly becoming hot, acidic, dead zones. And if we do not change course quickly, the latest science predicts that these impacts may be irreversible for 1000 years.  [See "Intro to global warming impacts: Hell and High Water.]

In short, the fate of perhaps the next 100 billion people to walk the Earth rests with scientists (and those who understand the science) trying to communicate the dire nature of the climate problem (and the myriad solutions available now) as well as the ability of the media, the public, opinion-makers and political leaders to understand and deal with that science.

Disinformation and scientific illiteracy

(more…)

Climate Progress is the second* ranked science blog

Wednesday, October 7th, 2009

*third if you count anti-scientific websites like WattsUpWithThat, as Wikio does.

But should I put their little widget near the top of CP as Watts does?  It would, of course, say ‘3′ on it (for now).

I had not heard of these Wikio rankings, but I periodically check WattsUpWithThat for the latest in denier talking points — yes, it’s a dirty job, but somebody has to do it, and it shouldn’t have to be you!  What do I see but yet another website recognizing WattsUp as a science blog, when it is the exact opposite, as evidenced by his reprinting and endorsing a broad-based attack on the integrity of the entire scientific community and by his generally pushing disinformation [see "Diagnosing a victim of anti-science syndrome (ASS)" and links below].

Still, notwithstanding Wikio’s refusal to draw a distinction between science and antiscience, the ranking is a relatively objective, as described here:

(more…)

Energy and Global Warming News for October 7: IEA says “China will be able to slow the growth of its emissions much faster than commonly assumed”; EIA’s forecasted CO2 drop “justifies tough carbon caps”

Wednesday, October 7th, 2009

The IEA report is here.  Photo is of wind turbines in Xinjiang, China.

International Energy Agency Sees Gains in China

Little good can be said about the worst economic slump since the 1930s, but it has produced at least one piece of positive news: the downturn will make it a bit easier to slow the rise in emissions responsible for climate change.

The International Energy Agency made that prediction in a report Tuesday on global greenhouse gas emissions. Because of slower economic growth, the agency slashed, by 5 percent, its estimate of how much greenhouse gas emissions will be produced in 2020.

But the energy agency also cautioned against complacency, stressing that reaching a deal in climate talks to be held in Copenhagen at the end of the year is crucial to limiting the rise in global temperatures.

Another reason for cautious optimism, the report said, is that China will be able to slow the growth of its emissions much faster than commonly assumed because of its rising investment in wind and nuclear energy and its newfound emphasis on energy efficiency.

But avoiding some of the worst consequences of climate change will still require significant and rapid investments in clean technology, and more meaningful cuts in carbon emissions, the report said.

“This gives us a chance to make real progress toward a clean-energy future, but only if the right policies are put in place promptly,” said the agency’s executive director, Nobuo Tanaka.

As a result of the economic slump, global emissions of carbon dioxide, the main greenhouse gas, are expected to decline by 3 percent this year, the steepest drop in the 45 years according to figures compiled by the agency. That compares with an average growth of 3 percent a year over the last decade.

The report outlines how governments can achieve additional cuts through energy efficiency and investments in clean technologies. The goal is to keep global temperatures from rising more than 3.6 degrees Fahrenheit. Meeting that target will require reducing emissions by 23 percent in 2030 compared with what they would otherwise be, the agency said.

“The message is simple and stark: if the world continues on the basis of today’s energy and climate policies, the consequences of climate change will be severe,” Mr. Tanaka said.

And while it may not be news to CP readers — see EIA stunner: By year’s end, we’ll be 8.5% below 2005 levels of CO2 — halfway to climate bill’s 2020 target – I’m glad to see Bloomberg pick up this story:

Drop in CO2 Justifies Tough Carbon Caps

(more…)

Dr. Stephen Leeb is easily duped by deniers, so why would anyone rely on his “The Complete Investor newsletter”?

Tuesday, October 6th, 2009

Dr. Stephen Leeb pictureSomeone just e-mailed me the latest example of a seemingly intelligent (albeit conservative) person who has joined the ranks of those successfully duped and confused by the deniers and the status quo media.  Our latest victim’s impressive bio:

Dr. Stephen Leeb is the editor of The Complete Investor newsletter. The Complete Investor newsletter has earned awards for Editorial Excellence for 2004 and 2005 by the Newsletter & Electronic Publishers Association [sic -- Leeb hasn't quite figured out the internets, either].  Dr. Leeb is the author of six books on investments and financial trends. His newest book is Game Over: How to Prosper In A Shattered Economy.

He even seems to know something about energy, “His best-selling book The Oil Factor: Protect Yourself – and Profit – from the Coming Energy Crisis accurately predicted the surge in oil prices.”  Who didn’t, though (other than Michael Lynch, who predicted back in 1996 “real oil prices FLAT for the next two decades)?

But based on the following nonsense he recently wrote and circulated, investors may ask themselves whether he bothers to do the most basic kind of research needed to justify following his advice:

(more…)

Energy and Global Warming News for October 6: Europe to throw $73 billion behind energy research; Obama orders federal government to cut emissions

Tuesday, October 6th, 2009

Here’s more proof that “The only way for the U.S. to win the clean energy race is to pass the clean energy bill“:

Europe to throw $73 billion behind energy research

Europe will this week launch a campaign to triple funding for energy research to 8 billion euros ($11.7 billion) a year in a technology race with Japan and the United States, a draft document shows.

Solar power should get 16 billion euros over the next decade and up to 30 energy-sipping “Smart Cities” should be built with the backing of around 11 billion euros, added the report by the European Union’s executive, the European Commission.

In total, at least 50 billion euros of additional funding is seen over the next 10 years to ensure a wide range of technology emerges to help the EU meet its goal of cutting greenhouse gases by 80 percent by 2050.

“We need to stimulate our best brains to push back the frontiers of science in materials, in chemistry and physics, in nanotechnology and biotechnology, to find new and better ways of producing and consuming energy,” says the draft obtained by Reuters ahead of the launch on Wednesday.

“We can not sit back and wait for such potentially game changing breakthroughs to emerge from laboratories and make the often long and arduous journey to market,” it adds.

The report looks at how much funding is needed, rather than how businesses and the EU’s 27 member countries would find the money as they emerge from the biggest downturn since the second world war.

But earlier Commission proposals for funding energy projects, such as the 4 billion euros “European Economic Recovery Plan” have made swift progress this year and are now in the later stages of debate by EU ambassadors.

Companies ranging from Germany’s E.ON to Spain’s Gamesa look set to benefit.

Wind energy research should get 6 billion euros over the next decade, nuclear research should get 7 billion euros and energy from biomass and other waste 9 billion.

There should also be 13 billion euros for innovative “carbon capture and storage” technology to trap carbon dioxide from power stations and bury it underground.

Obama orders federal government to cut emissions

(more…)

Energy and Global Warming News for October 5: U.S. mayors pledge to cut carbon emisions

Monday, October 5th, 2009

1,000 mayors agree to reduce greenhouse gas emissions

When Greg Nickels became Seattle’s mayor in 2002, global warming was hardly at the top of the municipal agenda.

New York’s World Trade Center had been attacked, and officials had to figure out how to protect their own city from terrorism. Boeing was laying off 30,000 machinists, so there was the declining regional economy to deal with. Surely the federal government would worry about climate change.

Then came the winter of 2004, when the Cascade Mountains snowpack was so disastrously low that ski resorts — facing their worst year on record — laid off most of their employees. The same snow, when it melts, is what generates much of the Northwest’s electricity. “It was serious. It was truly serious,” Nickels said. “It became clear to me that global warming was not something off in the future, not far away, but something that was here and now.”

With the U.S. still not a signatory to the international Kyoto climate change accord, Nickels began talking to other mayors about halting carbon emissions in the cities — where the majority of Americans live, drive cars, operate factories, turn on lights and use power. On Friday, as outgoing president of the U.S. Conference of Mayors, he announced that 1,000 mayors across the country had signed on to a pact to meet the Kyoto protocol targets for reducing greenhouse gas emissions. They also will urge the federal government and the states to cut emissions by 7% from 1990 levels by 2012.

Climate change will lead to massive decline in crop yield

(more…)

Arts and Crafts go Green

Saturday, October 3rd, 2009

Durham, North Carolina-based The Scrap Exchange (above) is “a sustainable art supply store that takes unwanted materials and resells them as arts and crafts supplies,” as explained in this CAP repost.

Is one person’s trash really another’s treasure? According to a Durham, North Carolina-based arts and crafts store it is.

The Scrap Exchange lets people explore their creativity while helping out the environment. The Scrap Exchange was founded in 1991 as a sustainable art supply store that takes unwanted materials from businesses and community members and resells them as arts and crafts supplies. Materials sell for 50 to 70 percent off their retail prices, and popular items include paper, fabric, office supplies, marble scraps, and CD cases. The idea is to promote environmental awareness and creativity by providing high-quality, low-cost materials for artists.

(more…)