Some progress toward phase out of support for fossil fuel projects at the World Bank, though the IFC continues

Signaling more independence from the US, the World Bank phases out its support for fossil fuels By Jason Kirk on 19 January 2018 RenewEconomy and The Conversation World Bank President Jim Yong Kim, left, and French President Emmanuel Macron. AP Photo/Francois Mori The World Bank, which provides developing countries about US$60 billion a year in financial assistance, is officially phasing out its support for the oil and gas industries. …

Illegality of the coal bailout

GTM Jan 11, 2018 Why Rick Perry’s Coal-Friendly Market Intervention Was Legally Doomed. by JEFF ST. JOHN DOE never met the basic legal requirements for enacting a major market change. But it did launch a valuable debate on the meaning of “resilience.” One FERC commissioner called Perry’s proposal a “multibillion-dollar bailout.” Legal experts have been saying for months that Energy Secretary Rick …

NASA-led Study Solves a Methane Puzzle: 68 percent of methane emission increase since 2006 due to oil and gas

68% of methane emission increase since 2006 due to oil and gas: https://go.nasa.gov/2D8XmQN  A reduction in global burned area in the 2000s had an unexpectedly large impact on methane emissions. Credits: NASA/GSFC/SVS Find the full animation here. A new NASA-led study has solved a puzzle involving the recent rise in atmospheric methane, a potent greenhouse gas, with a new calculation …

Natural gas is 30% of US energy consumption. Home heating, commercial usage, and industry natural gas usage is greater than power plants

Single-cycle gas turbines generally convert the heat energy from combustion into electricity at efficiencies of 35 to 40 percent. Higher efficiencies of 50 percent or more are possible in natural gas “combined-cycle” (NGCC) plants. NGCC plants first use the combustion gases to drive a gas turbine, after which the hot exhaust from the gas turbine is used to boil water into …

Biodiesel: Turning soybeans into diesel is costing us billions

Excerpt from NPR.org 18 Jan 2018 Biodiesel is very expensive, relative to petroleum diesel,” says Scott Irwin, an economist at the University of Illinois, who follows biofuel markets closely. He calculates that the extra cost for biodiesel comes to about $1.80 per gallon right now, meaning that the biofuel law is costing Americans about $5.4 billion a year. Irwin explains …

California bill seeks to ban sale of all fossil-fuelled vehicles by 2040

Proposal intended to tackle harmful emissions that cause climate change would mean only battery-electric or hybrid fuel cell cars available at dealerships Ryan Beene  The Independent UK If the measure becomes law, by 1 January 2040, all new passenger vehicles sold in California would have to be so-called zero emission vehicles California would ban the sale of new cars and trucks …

Climate Denial: The oil industry’s long campaign of disinformation

This rift was on display at a recent meeting of the American Legislative Exchange Council, a group that influences state governments to adopt conservative priorities. Heartland wanted ALEC to approve a resolution calling on the EPA to withdraw the endangerment finding. But ExxonMobil, once at the forefront of climate denial, was among several corporations and utilities that convinced ALEC to …

Big oil’s grip on power, a Guardian/Center for Public Integrity investigation into how the oil lobby has worked for decades to influence US government policy

  A Guardian US / Center for Public Integrity investigation into how the oil lobby has worked for decades to influence US government policy — and is tightening its hold Part One A century of influence: big oil and the White House Thursday Fueling dissent: How the oil industry set out to undercut clean air Next Week Venue of last …

Policies Must Be Based on 350 ppm and 1 C to Protect Young People and Future Generations

Scientists say even 1.5 °C of heating is unsafe, and we must stabilize at no more than 1°C of heating over pre-industrial temperatures.  Earth’s paleoclimate history demonstrates that climate impacts accompanying global warming of 2°C or more would be irreversible and catastrophic for humanity. For example, the paleoclimate record shows that warming consistent with CO2 concentrations as low as 450 ppm …