3 March 2016, Energy Post, Exxon’s never-ending big dig. ExxonMobil not only appears to have ignored its own scientists when they warned about the dangers of greenhouse gas emissions in the 1980s, the company even took advantage of its inside knowledge by leasing large tracts for Arctic oil exploration, writes famous author and activist Bill McKibben in a revealing essay. What is worse, says McKibben, is that even today Exxon continues to spend billions finding and producing ever more fossil fuels. But he notes that “revulsion is growing”: Big Oil may yet suffer the same fate as Big Tobacco. Courtesy of TomDispatch.com. Here’s the story so far. We have the chief legal representatives of the eighth and 16th largest economies on Earth (California and New York) probing the biggest fossil fuel company on Earth (ExxonMobil), while both Democratic presidential candidates are demanding that the federal Department of Justice join the investigation of what may prove to be one of the biggest corporate scandals in American history. And that’s just the beginning. As bad as Exxon has been in the past, what it’s doing now – entirely legally – is helping push the planet over the edge and into the biggest crisis in the entire span of the human story. “We will adapt to this … It’s an engineering problem, and it has engineering solutions” Back in the fall, you might have heard something about how Exxon had covered up what it knew early on about climate change. Maybe you even thought to yourself: that doesn’t surprise me. But it should have. Even as someone who has spent his life engaged in the bottomless pit of greed that is global warming, the news and its meaning came as a shock: we could have avoided, it turns out, the last quarter century of pointless climate debate. Read More here
Category Archives: The Mitigation Battle
3 March 2016, Washington Post, Supreme Court backs EPA this time, refuses to block controls on toxic mercury. A month after it hobbled the Obama administration’s signature regulation on climate change, the Supreme Court declined Thursday to block a different air-pollution rule that seeks to cut toxic emissions from the nation’s power plants. Chief Justice John G. Roberts Jr. rejected a request to stay the Mercury and Air Toxic Standards rule, adopted by the Environmental Protection Agency three years ago to tighten restrictions on a class of harmful pollutants that are byproducts of burning coal. Roberts’s unilateral ruling means the regulation remains in effect while a legal battle continues over whether the EPA properly weighed costs and benefits in drafting the controversial regulation. More than 20 states have joined a lawsuit opposing the MATS rule, arguing that the pollution controls mandated by the regulation are too expensive relative to the health benefits. [Supreme Court freezes Obama plan to limit carbon emissions] Obama administration officials praised the court’s decision, which gives the White House a much-needed legal victory following last month’s surprise setback to the EPA’s Clean Power Plan. The Supreme Court on Feb. 9 imposed a temporary freeze on that regulation, which also seeks to impose restrictions on coal-burning power plants with the goal of reducing emissions of greenhouse gases blamed for climate change. EPA spokeswoman Melissa Harrison said the agency was “very pleased” with Roberts’s decision to let the MATS restrictions remain in effect. “These practical and achievable standards cut harmful pollution from power plants, saving thousands of lives each year and preventing heart and asthma attacks,” she said. The EPA is expected to complete by late April a new cost accounting that seeks to address the high court’s concerns. The agency contends that the societal benefits from reducing mercury in the environment far outweigh the costs of pollution control equipment that electric utilities will be required to buy. The states that joined the lawsuit over the regulation had argued for a stay on the grounds that the EPA’s rule is “unlawful and beyond EPA’s statutory authority,” according to a motion filed last month. Read More here
2 March 2016, Renew Economy, “Base load” power: a myth used to defend the fossil fuel industry. Last week, leading lights of the global fossil power industry gathered at a conference in Houston, Texas, for CERA, known in the sector as the “Davos of Energy”. They reportedly got the shock of their professional careers. They had invited the most senior executives from the biggest network owner (Chine State Grid Corp) in the biggest energy market in the world (China). The organisers fully expected their Chinese guest to endorse the “all of the above” marketing pitch, which is underpinning the “keep coal” campaign. No such luck. Despite prodding by leading oil industry commentator Daniel Yergin, the chairman of State Grid Liu Zhenya reportedly said the “fundamental solution was to accelerate clean energy, with the aim of replacing coal and oil.” Gasp number one. And then to more stunned silence, he and State Grid’s R&D chief Huang Han dismissed coal’s claim to be an indispensable source of “base load” generation. As the network operator builds out its clean power sources, they noted, coal-fired generators could only serve as “reserve power” to supplement renewables. “The only hurdle to overcome is ‘mindset’,” Liu said. “There’s no technical challenge at all.” The “base load” mindset, though, is a pretty big and powerful hurdle. Across the world it infests incumbent utilities, the coal and nuclear lobbies, conservative politicians, energy regulators, and many in mainstream media, who are clinging to the concept of “base load generation” as the last resort to try to ridicule wind, solar and other technologies. In Australia, which has more coal generation as a percentage of its energy supply than any other developed country, this perpetuation of this idea has reached fever pitch, particularly with the imminent exit of the large coal-fired power station in South Australia. But according to Tim Buckley, from the Institute of Energy Economics and Financial Analysis, the idea of “base load” generation as an essential part of the energy mix is becoming redundant, and turning into a myth dreamed up by the fossil fuel industry to protect its interests. “It’s as dangerous as the marketing term of “clean coal” and the idea that coal is “good for humanity”,” Buckley says. Read more here
1 March 2016, Jeremy Leggett, Big Oil faces courtroom showdown. ExxonMobil is being investigated by the Attorney’s General of New York and California with a view to criminal charges for securities fraud and racketeering over their stance on climate change. The ramifications are enormous for the course of the global energy transition. The oil and gas giant stands accused of lying to its shareholders for many years. On the one hand it professed that climate change was a green scaremongers’ invention, and paid many millions of dollars to organisations devoted to torpedoing the international climate negotiations that began in 1991. Meanwhile, on the other hand, it suppressed its own research proving the dangers of climate change, yet built assumptions of global-warming-driven sea-level rise into engineering of coastal and offshore infrastructure. In my book The Carbon War I documented much of what its lobbyists did and said in and around the climate negotiations through the 1980s and 1990s. I know the company is guilty of malfeasance. Now that ExxonMobil has finally been dragged into courtrooms, its problems are likely to escalate fast. Legal experts expect other States’ Attorneys General to launch suits. Presidential candidates Hilary Clinton and Bernie Sanders have called for the federal Attorney General to investigate. Class actions by investors will surely not be far behind. Existing investigative journalism makes it almost certain that other oil majors will soon stand accused with Exxon. Ongoing investigations will surely add to their legal woes, since Exxon and Mobil alumni are beginning to blow whistles. On top of this will come the evidence that subpoened internal communications will bring into the open. Read More here