Hot News: September 21 - The Years Project

Hot News: September 21

By Climate Nexus

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SEC Investigating Exxon on Climate Risk: The Securities and Exchange Commission is investigating how ExxonMobil valued its assets during the continuing slump in oil prices and how the company factors in climate risk when pricing its projects. The SEC requested information and documents from Exxon and the company’s auditor PricewaterhouseCoopers in August, as well as documents from New York Attorney General Eric Schneiderman’s similar investigation of the company. Exxon has been under increasing government scrutiny since multiple reports revealed the oil giant may have misled the public about the dangers of climate change. (Wall Street Journal $, CNBC,ThinkProgress, USA Today, Reuters, BloombergNew York Times $, CNN MoneyFinancial Times $, Houston ChronicleHuffington PostPolitico Pro $, GristWired)

Pres. Obama Calls for Urgency in Enforcing Paris Accord…: During his final UN General Assembly address, President Obama pressed for a “sense of urgency” in bringing the Paris Agreement into force and for scaling up ambition on climate action. He also called for more clean energy investment in developing countries. According to the United Nations, 30 countries are expected to formally join the Paris Agreement during today’s event at the UN. (Politico Pro $, NPRClimate Home, VOA News, New York Times $, GuardianAP)

…As Top Scientists Warn Against Trump’s Plan to Withdraw: A group of 375 members of the National Academy of Sciences, including 30 Nobel Prize winners, warned that a US withdrawal from the Paris Agreement would hurt the nation’s international credibility and undermine the climate pact. In an open letter, the scientists voiced concern about Donald Trump, saying, “It is of great concern that the Republican nominee for President has advocated U.S. withdrawal from the Paris Accord.” The US should continue to be a global leader on climate no matter the result of the election, the scientists advocated. (NewsReutersNew York Times $, Mercury NewsMashableMinnesota Public RadioBuzzfeedHuffington PostTimes New HeraldXinhuaCommentary: Guardian, John Abraham column)

Summer’s Ugly Preview of the Future: August was the 16th consecutive record warm-month, the longest ever recorded, with average temperatures 1.66°F above the 20th century average and 0.09°F warmer than last August. NOAA data show it was also the hottest summer on record, as June-August temperatures averaged 2.18°F above the 20th century average in the same period. The summer featured an “increasing number and a disturbing number” of extreme weather events, many of which bore classic signatures of climate change. (AP, Washington Post $, The Hill, USA Today, Climate CentralMashableDeutsche Welle)

US News
  • Clinton pulled climate from speeches after Sanders endorsement (Climate Home)
  • As race tightens, Clinton might turn to climate (ClimateWire $)
  • Energy policies of the presidential candidates debated (Pittsburgh Post-GazetteDallas Morning News)
  • Energy technologies vying for end-of-year tax incentives deal (Politico Pro $)
  • Bust hits America’s cowboy coal basin after 40 years of boom (Bloomberg)
  • Drones can help SunPower reduce solar costs by 30%, CEO says (Bloomberg)
  • During NYC Climate Week, mayor says city making progress with green initiatives (AM New York)
  • Steyer pledges $15 million to For Our Future PAC (Politico Pro $)
  • Giant bubbles and urban periscopes among winners of play contest (New York Times $)
  • Boston University to avoid investing in coal, tar sands (AP)
  • Greens urge Obama to block new Arctic, Atlantic drilling (The Hill)
  • Think tank takes “unburnable carbon” warnings to Wall Street (Climate Home)
  • This is what climate change sounds like, in D minor (Climate Central)
  • Trump campaign suggests appointing oil executive to protect national parks and public lands (Think Progress)
  • Coal’s Last Gamble: A choking industry bets on one more big score (Grist)
  • Bipartisan governors urge Obama to help wind, solar expansion (Greenwire $)
  • The ‘forgotten tribe’ in West Virginia; why America’s white working class feels left behind (CNN)
  • Critic says NEPA guidance could slow Clean Power Plan (ClimateWire $)
  • Americans want to combat climate change. But how much will they pay? (Christian Science Monitor)
  • Climate change threatens Colorado’s water supply (Colorado Independent)
  • Mendota Heights makes changes to solar system ordinance (Lillie News)
  • From western movie set to climate science (Arizona Daily Sun)

World News

  • EU could ratify Paris before finalizing climate policies (Politico Pro $)
  • Red tape’ locking small island states out of billions in climate funds (Guardian)
  • UK pledges to ratify Paris climate deal by year-end (Reuters)
  • Ukraine becomes latest country to ratify Paris Agreement (BusinessGreen $)
  • Major banks pledge to go carbon neutral (ClimateWire $)
  • China to start trial trading in energy use to cap consumption (Bloomberg)
  • VW faces $9 billion in claims in Germany from stock drop (Wall Street Journal $)
  • Saving silver: portable micro-factories could turn e-waste trash into treasure (Guardian)
  • Kill Climate Deniers: the provocative play that sneakily infiltrated Australia’s Parliament House (Guardian)
  • Coal’s cost advantage over LNG slipping, but not yet enough: Russell (Reuters)
  • India’s Suzlon wants to raise $3 billion for Australian wind farms by 2020 (Reuters)
  • UK advertising watchdog admits it was wrong to ban Greenpeace fracking advert (Guardian)
  • Dalmia Cement, Hongbo and Mahindra Holidays & Resorts join EP100 energy productivity campaign (BusinessGreen)
  • Scientists may have solved a key riddle about Antarctica — and you’re not going to like the answer (Washington Post $)
  • Poland aims to have 1 mln electric cars on its roads by 2025 (Reuters)
  • Australia needs 5% yearly CO2 benchmark cut to meet Paris target –analysts (Carbon Pulse $)
  • Alberta environment minister warns ‘the political right’ would undo climate change efforts (Calgary Herald)
  • Can scientists save species threatened by climate change by relocating them? (Scientific American $)
  • The latest setback of India’s ultra mega power project may be a blessing: IEEFA (Asian Power)
  • Sea ice record retreat has Antarctic experts worried for wildlife, climate (ABC Australia)
  • Here’s how global warming could trigger the next financial crisis (Fortune)
  • Voltalia plans to double in renewables, eyes capital increase (Reuters)
  • India’s Adani buys Australian port operator from Glencore (Reuters)
  • Climate refugees, lacking protections, can’t even live like refugees (Fusion)
  • Agricultural fires in Indonesia linked to 100,000 premature deaths (ThinkProgress)
  • Where will climate change create new ecosystems? (Pacific Standard)
  • Australia’s emissions won’t fall by 2030 without greater climate action, modelling shows (Guardian)
  • Best remedy for Liberals is progress on carbon and indigenous groups files: Paul Wells (Toronto Star)
  • Northern Ireland must act to prepare for climate change (BBC)
  • Aberthaw power station breached emissions limit, rules EU court (Guardian)

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