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newsclips -- ARB Newsclips for August 10, 2016.
Posted: 10 Aug 2016 15:27:57
ARB Newsclips for August 10, 2016. This is a service of the California Air Resources Board’s Office of Communications. You may need to sign in or register with individual websites to view some of the following news articles. AIR POLLUTION EPA rejects petitions for revising oil and gas standards. U.S. EPA has rebuffed requests from industry and environmentalists to reconsider 30 issues stemming from the 2012 regulations that set New Source Performance Standards and air pollution limits for oil and natural gas producers. http://www.eenews.net/greenwire/2016/08/10/stories/1060041421 CLIMATE CHANGE Catfish spawn climate solution for Kenya's dryland farmers. Farmers in Kenya's eastern and northern drylands have found a way to stay afloat as water becomes scarcer: cultivating catfish. “This is my new source of income,” said Sylvester Kinyori, 32, who operates a kiosk in Isiolo town where he sells fish products from local farmers who have turned to aquaculture. http://www.reuters.com/article/us-kenya-climatechange-water-agriculture-idUSKCN10K0Y0 U.N. chief urges large nations to ratify Paris climate accord. U.N. Secretary-General Ban Ki-moon urged Argentina and other large nations to ratify the Paris climate accord at a Buenos Aires conference on Monday, and Argentina's foreign minister said she hoped the country would do so by the end of the year. In December 2015, some 195 countries reached an agreement in Paris… http://www.reuters.com/article/us-argentina-bankimoon-un-idUSKCN10J2BH Court backs Obama’s climate change accounting. A federal appeals court is upholding the Obama administration’s accounting of the costs of greenhouse gas emissions as applied to a Department of Energy (DOE) regulation. In a unanimous decision late Monday, the Chicago-based 7th Circuit U.S. Court of Appeals rejected an industry-backed request to overturn a 2014 rule that set energy efficiency standards… http://thehill.com/policy/energy-environment/290859-court-backs-obamas-climate-change-accounting?utm_source=Inside+Climate+News&utm_campaign=7c2b40f7fb-Today_s_Climate12_10_2014&utm_medium=email&utm_term=0_29c928ffb5-7c2b40f7fb-327747457 This tiny town has found a new way to cut GHGs. This enclave in north San Diego County is known for its small-town feel, the summer concerts held on a bluff above crashing ocean waves and the non-chain stores in its arts district. It's also seen as a progressive stronghold. Incorporated 30 years ago after local residents grew concerned about overdevelopment, Solana Beach jumped ahead of others regionally on environmental causes. http://www.eenews.net/climatewire/2016/08/10/stories/1060041403 FUELS OPEC Says Weak Oil Demand Is Here to Stay. Weakness in global oil markets, which has dragged prices to a three-month low, may persist as demand slows seasonally and fuel inventories remain abundant, OPEC predicted. There are “lingering concerns” that U.S. and European refiners may reduce processing rates as profits fade amid a continuing “overhang” of crude and refined fuels… http://www.bloomberg.com/news/articles/2016-08-10/opec-signals-oil-market-lull-may-persist-on-muted-fuel-demand?utm_source=Inside+Climate+News&utm_campaign=7c2b40f7fb-Today_s_Climate12_10_2014&utm_medium=email&utm_term=0_29c928ffb5-7c2b40f7fb-327747457 Global glut of oil products threatens crude recovery. Gasoline and diesel stockpiles have swollen to record highs across the globe, leaving refiners and traders few places to dump excess supplies and threatening large-scale production cuts that could derail an oil price recovery. Typically, U.S. and European refiners deal with excess regional inventories by exporting extra supplies to markets where margins for diesel, gasoline, or other oil products remains strong. http://www.reuters.com/article/us-global-demand-oil-idUSKCN10L0FK U.S. coal regulator to crack down on cleanup coverage. U.S. states should force coal companies to set aside collateral to pay for future mine cleanups and protect taxpayers as the industry braces for further declines, a leading federal regulator said on Tuesday. Three of the largest U.S. coal producers, Peabody Energy Corp, Arch Coal Inc and Alpha Natural Resources, have filed for bankruptcy in the past year in an industry shaken by cheap natural gas…http://www.reuters.com/article/us-usa-coal-cleanup-idUSKCN10K1WD?feedType=RSS&feedName=environmentNews&utm_source=Inside+Climate+News&utm_campaign=7c2b40f7fb-Today_s_Climate12_10_2014&utm_medium=email&utm_term=0_29c928ffb5-7c2b40f7fb-327747457 Argentina needs more soy to fill crusher capacity: industry. Argentine soybean crushers are working at only about 80 percent capacity, the head of the grains export chamber said, as farmers have not yet increased production despite more farm-friendly policies from the new government. President Mauricio Macri ended years of tension between the farm sector and the state when he took office in December. http://www.reuters.com/article/us-argentina-summit-soybeans-idUSKCN10L1UQ Oil Prices Turn Lower After Inventory Data. Crude-oil inventories unexpectedly rose in latest week. Oil prices fell Wednesday after weekly U.S. inventory data showed that domestic inventories of crude oil and petroleum products rose last week to a record high. U.S. stockpiles of crude oil and refined products rose by 2.5 million barrels in the week ended Aug. 5 to 1.39 billion barrels… http://www.wsj.com/articles/oil-prices-edge-lower-on-higher-u-s-stockpiles-output-forecasts-1470823674 China halts work on $15 billion nuclear waste project after protests. A Chinese city has suspended preliminary work on a proposed 100 billion yuan ($15 billion) nuclear waste processing plant following protests by local residents concerned about health risks. Reports that Lianyungang - a coastal city about 500 km (310 miles) north of Shanghai… http://www.reuters.com/article/us-china-nuclearpower-idUSKCN10L0CX Hot summer fuels gas surge — EIA. Natural-gas-fired power demand hit a record high last month as hot weather and low prices collided, according to the latest federal energy data. Natural gas provided just shy of 5,000 gigawatt-hours per day of power in July, 9 percent higher than the previous record set in July of last year, the U.S. Energy Information Administration said yesterday in its latest short-term energy outlook. http://www.eenews.net/energywire/2016/08/10/stories/1060041405 VEHICLES China’s LeEco to Invest $1.8 Billion to Build Electric Car Plant. The plant is expected to have an annual production capacity of 400,000 battery-powered vehicles. Chinese tech and entertainment company LeEco plans to invest 12 billion yuan ($1.8 billion) to build a plant in China to produce smart, internet-connected electric cars. The plant, which will be based near the picturesque Mogan Mountain in the eastern Zhejiang province… http://www.wsj.com/articles/chinas-leeco-to-invest-1-8-billion-to-build-electric-car-plant-1470834693 Karma owner plans $375M China electric car factory. The owner of Karma Automotive is planning to produce electric cars in China, becoming the latest company to flag ambitions to build new-energy vehicles in the world’s largest auto market. Wanxiang Group, founded by Chinese billionaire Lu Guanqiu, plans to build an electric vehicle plant in Hangzhou, China… http://www.detroitnews.com/story/business/autos/2016/08/09/karma-china-electric-car-factory/88478482/ 2016 Nissan Leaf group buy in Montreal signs up 2,800 for low price on electric car. Group purchases of cars and other goods, as a way of driving down the price, are common in other countries—think China—but rare in North America. But over the last two years, they've emerged as a way for electric-car advocates to accomplish several goals at once. http://www.greencarreports.com/news/1105474_2016-nissan-leaf-group-buy-in-montreal-signs-up-2800-for-low-price-on-electric-car How Mazda 'zoom-zoom' turned fuel economy upside down. In 2007, Mazda Motor Corp. made a striking promise. Though the company planned to continue exclusively using petroleum engines, its "Sustainable Zoom-Zoom Strategy" committed to providing "all customers who purchase Mazda vehicles with driving pleasure as well as outstanding environmental and safety performance." http://www.eenews.net/greenwire/2016/08/10/stories/1060041439 VW RECALL Electric car charging station companies issue warning over VW settlement. Electric vehicle charging companies are calling for independent oversight of the $2 billion Volkswagen AG (VOWG_p.DE) is required to invest in clean car infrastructure, saying VW should not have the power to shape the nascent electric car charging space. http://www.reuters.com/article/us-volkswagen-emissions-settlement-idUSKCN10L038 GREEN ENERGY SunPower ‘Guidance Bomb’ Leaves Crater Among Solar Companies. SunPower Corp. dropped a “guidance bomb” that’s dragging down shares of solar manufacturers. The second-largest U.S. panel producer told analysts Tuesday night that it expects to lose as much as $175 million this year, a shift from May when it expected to earn as much as $50 million. The shares plunged the most in more than seven years. http://www.bloomberg.com/news/articles/2016-08-10/sunpower-guidance-bomb-leaves-crater-among-solar-companies Poland's PGE to spend up to $472 million on power station upgrade. Poland's biggest power producer PGE estimates it will have to spend up to 1.8 billion zlotys ($471.96 million) by 2020 to upgrade its power stations so that they meet European Union emission reduction regulations, the company said on Wednesday. Poland has to upgrade its power stations so that they meet the reduction requirements… http://www.reuters.com/article/us-pge-polska-investment-idUSKCN10L12Q EU regulators okay French aid for heat and power plants. EU state aid regulators cleared on Tuesday a French scheme for combined heat and power plants using natural gas designed to increase the country's renewable energy output, saying the public support was in line with the bloc's rules. Under the scheme, energy plants will be granted either a… http://www.reuters.com/article/us-france-eu-energy-idUSKCN10K0X8 Elon Musk's next move? Solar roofing. Tesla Motors CEO Elon Musk wants control of your roof. On a conference call yesterday announcing SolarCity Corp.'s second-quarter earnings, Musk announced the company is planning a new solar roof product, rather than just offering solar modules to place on roofs. http://www.eenews.net/greenwire/2016/08/10/stories/1060041437 MISCELLANEOUS Utility Giant PG&E Convicted of Violating Gas Pipeline Safety Laws. A federal jury found Pacific Gas and Electric Company guilty on five felony counts of failing to adequately inspect its gas pipelines before the blast that incinerated a neighborhood in San Bruno, Calif., in September 2010. The utility was also found guilty of one count of misleading federal investigators about the standard it used to identify high-risk pipelines. http://www.npr.org/sections/thetwo-way/2016/08/09/489401025/utility-giant-pg-e-convicted-of-violating-gas-pipeline-safety-laws?utm_source=Inside+Climate+News&utm_campaign=7c2b40f7fb-Today_s_Climate12_10_2014&utm_medium=email&utm_term=0_29c928ffb5-7c2b40f7fb-327747457 OPINIONS The Emerging-Market Debt Bomb Ticks For Oil. Oil doesn't just float on water. It's pretty buoyant on debt, too. My colleague Lisa Abramowicz wrote earlier this week about the flood of money into emerging market debt this year. Just as investors are now willing to take negative yields on trillions of dollars in developed-economy sovereign debt, the premium they demand for bonds from riskier parts of the globe has shrunk to almost nothing. https://www.bloomberg.com/gadfly/articles/2016-08-10/emerging-market-debt-bomb-ticks-for-oil-prices COLUMN-Heatwaves and low prices tighten U.S. gas market: Kemp. Unusually hot weather coupled with cheap fuel prices caused U.S. power producers to burn a record volume of gas last month to meet soaring demand for electricity for air conditioning. April and May were cooler than normal across the continental United States, depressing air conditioning demand… http://www.reuters.com/article/usa-natgas-kemp-idUSL8N1AR4DN I Just Drove Eight Hours on Tesla Autopilot and Lived to Tell the Tale. After 550 miles that included crossing the Sierra Nevada mountains, the only real problem was the driver behind the wheel. I knew Tesla had a problem when everyone started telling me to “be safe.” I was getting ready to embark on a 550-mile road trip in a $145,000 Tesla Model S. http://www.bloomberg.com/news/articles/2016-08-10/i-just-drove-8-hours-on-tesla-autopilot-and-lived-to-tell-the-tale Climate retreat? Legislature may ditch plan to radically reduce emissions. Gov. Jerry Brown has taken the national stage to tout California’s fight against global warming, telling cheering throngs at the Democratic National Convention that the state has “the toughest climate laws in the country.” Yet inside the state Capitol, the fate of the policy’s centerpiece… http://www.fresnobee.com/news/politics-government/politics-columns-blogs/political-notebook/article94618592.html#storylink=cpy BLOGS Here’s One Reason for Optimism on Oil Prices. Inventories aren't as high compared with their historical average in bearish periods. Hedge funds are betting that swelling inventories will help push the price of oil lower, but this glut still looks milder than past bearish cycles in crude. The price of oil has fallen roughly 14% since its most recent peak in June, as investors worry that large stocks… http://blogs.wsj.com/moneybeat/2016/08/10/heres-a-sign-of-optimism-for-oil-prices/ Legislative Update: GHG Targets, Cap&Trade, Transportation Special Session. The California legislature returned from its summer break last week and now has one month to finish all the business it started in this session. If it can. Pending issues include a bill that would extend current greenhouse gas emissions goals past 2020, creating an expenditure plan for the Greenhouse Gas Reduction Fund… http://cal.streetsblog.org/2016/08/09/legislative-update-ghg-targets-captrade-transp-special-session/ Water District Adds More Solar To Cut Emissions, Save Money. With the dual goals of cutting carbon emissions and reducing operational costs, the Metropolitan Water District of Southern California, a state-established cooperative of 26 cities and water agencies serving nearly 19 million people in six counties, has unveiled its latest investment in solar power. Specifically, the district has completed a 3 MW solar project… http://solarindustrymag.com/water-district-adds-more-solar-to-cut-emissions-save-money California is in a drought emergency. Visit www.SaveOurH2O.org for water conservation tips.