Gore, Congress, Europe Assail U.S. Stance in Bali

Posted by Brad Johnson Thu, 13 Dec 2007 20:02:00 GMT

The United States delegation to the UN Climate Change Conference in Bali has led Japan, Canada, and Russia in rejecting the nonbinding EU proposed roadmap of reducing greenhouse-gas emissions by wealthy countries 25 to 40 per cent by 2020. (By way of comparison, Lieberman-Warner (S. 2191) proposes a four percent cut from 1990 emissions levels by 2020.) The U.S. team is also opposing including references to the IPCC’s conclusions on the emissions reductions needed to avoid dangerous global warming.

In a speech today at the conference, Nobel Peace Prize laureate Al Gore said “My own country, the United States, is principally responsible for obstructing progress here in Bali . . . One year and 40 days from today, there will be a new inauguration in the United States. I must tell you candidly that I cannot promise that the person who is elected will have the position I expect they will have, but I can tell you I believe it is quite likely.”

In a letter to the President, 52 members of Congress, including a handful of Republicans, criticized the U.S. negotiating stance:
The clear implication is that the United States will refuse to agree to any language putting the United States on an established path toward scientifically-based emission limits. . . We write to express our strong disagreement with these positions and to urge you to direct the U.S. negotiating team to work together with other countries to complete a roadmap with a clear objective sufficient to combat global warming. The United States must adopt negotiating positions at the Bali Conference of the Parties that are designed to propel further progress – not fuel additional delay.
E&E News reports on EU threats to boycott a U.S.-led climate meeting:
Upset with the U.S.-led stance, senior officials from the European Union, France and Germany have threatened to boycott Bush’s plans to hold climate talks Jan. 30-31 in Honolulu.

“Without a roadmap and without a destination, it would be senseless,” said Stavros Dimas, the top environmental official for the European Commission. Dimas told reporters he made the same statement earlier today to Paula Dobrianksy, the lead U.S. negotiator at the climate meetings on the Indonesian island of Bali.

Karsten Sach of Germany’s environmental department and French negotiator Brice Lalonde both confirmed their countries also would stay away from Bush’s “Major Economies Meeting” if there is no agreement in Bali.

White House spokeswoman Kristen Hellmer didn’t take well to the E.U. threats. “Such comments are not very constructive when we are working so hard to find common ground on a way forward,” she said.

Perspectives on the next phase of the global fight against HIV/AIDS, tuberculosis, and malaria

Posted by Brad Johnson Thu, 13 Dec 2007 19:30:00 GMT

Global Maritime Strategy Initiatives

Posted by Brad Johnson Thu, 13 Dec 2007 15:00:00 GMT

The full committee will meet to receive testimony on global maritime strategy initiatives. In October the Navy, Coast Guard, and Marine Corps released A Cooperative Strategy for 21st Century Seapower.

Witnesses:
  • Admiral Gary Roughead, USN, Chief of Naval Operations
  • Admiral Thad W. Allen, USCG, Commandant of the Coast Guard
  • General James T. Conway, USMC, Commandant of the Marine Corps
EE News:
The hearing comes amidst growing concern over climate change in the Arctic and its effect on national security and international relations, as new shipping routes open and the area becomes more accessible for oil and gas extraction.

The issue has not escaped the notice of the U.S. military. In mid-October, the Coast Guard announced plans for an operational base in Barrow, Alaska, to deal with increased shipping in the North Pole region.

Later that month, the Navy, Coast Guard and Marines released an updated national maritime strategy, which for the first time includes global warming – particularly its effects in the polar region – as a concern for the U.S. fleet.

It is that strategy that is at the center of Thursday’s House hearing.

“As we look at maritime strategy on a global basis, we can’t ignore the future of the Arctic, the implications of access to the Arctic, national security issues, environmental issues, energy issues associated with it,” Coast Guard Commandant Adm. Thad Allen said in September at a Washington, D.C., conference on national security sponsored by the Institute for Foreign Policy Analysis. “Where do we invest our money? How do we develop policies?”

Allen, one of three top military officials scheduled to testify at the hearing, also drew a link between climate change in the Arctic and U.S. participation in the U.N. Convention on the Law of the Sea, a hot-button issue this fall on Capitol Hill.

The United States is the only major industrialized nation that has failed to ratify the 25-year-old agreement, which governs how countries manage their exclusive economic zones and seabed mineral rights, sets rules for navigating international waters, and addresses species protection and other environmental issues.

“The United States must ratify the Law of the Sea treaty,” Allen said. “We must become an international player. We must be at the table.”

The role of speculation in recent crude oil prices

Posted by Brad Johnson Tue, 11 Dec 2007 15:00:00 GMT

Draft Oversight Report: Systematic White House Climate Change Censorship

Posted by Brad Johnson Mon, 10 Dec 2007 18:54:00 GMT

The House Committee on Oversight and Government Reform, chaired by Rep. Henry Waxman (D-Calif.), today released a draft report entitled Political Interference with Climate Change Science Under the Bush Administration.

The report is based on the committee’s January 30 and March 19 hearings, depositions, and interviews of government officials on White House censorship and manipulation of governmental climate change science over the last 16 months.

Scientists, reports, and testimony from NOAA, NASA, Centers for Disease Control and Prevention, the National Climatic Data Center, and the Environmental Protection Agency were affected.

Findings include:
  • Media requests to speak with federal scientists on climate change matters were sent to Council on Environmental Quality for White House approval
  • The White House edited congressional testimony regarding the science of climate change
  • CEQ Chief of Staff Phil Cooney and other CEQ officials made at least 294 edits to the Administration’s Strategic Plan for the Climate Change Science Program to exaggerate or emphasize scientific uncertainties or to deemphasize or diminish the importance of the human role in global warming
  • The White House insisted on edits to EPA’s draft Report on the Environment that were so extreme that the EPA Administrator opted to eliminate the climate change section of the report
  • CEQ eliminated the climate change section of the EPA’s Air Trends Report
  • CEQ Chairman James Connaughton edited the August 2003 EPA legal opinion disavowing authority to regulate greenhouse gases

Al Gore Accepts Nobel Peace Prize

Posted by Brad Johnson Mon, 10 Dec 2007 18:15:00 GMT

Today Vice President Al Gore formally accepted the 2007 Nobel Peace Prize in Oslo, Norway.
We, the human species, are confronting a planetary emergency – a threat to the survival of our civilization that is gathering ominous and destructive potential even as we gather here. But there is hopeful news as well: we have the ability to solve this crisis and avoid the worst – though not all – of its consequences, if we act boldly, decisively and quickly.

However, despite a growing number of honorable exceptions, too many of the world’s leaders are still best described in the words Winston Churchill applied to those who ignored Adolf Hitler’s threat: “They go on in strange paradox, decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all powerful to be impotent.”

Gore went on to warn that arctic sea ice is melting faster than previously expected, and that U.S. navy researchers estimate we may have ice-free Arctic Ocean as early as the summer of 2014.

Climate Change Bills Markup

Posted by Brad Johnson Tue, 04 Dec 2007 19:30:00 GMT

Agenda
  • S 1581 — Federal Ocean Acidification Research And Monitoring (FOARAM) Act of 2007
  • S 2307 — Global Change Research Improvement Act of 2007
  • S 2355 — Climate Change Adaptation Act
  • S 2332 — Media Ownership Act of 2007
From CQ:
Several bills designed to promote research on adapting to global warming were approved Tuesday by a Senate panel.

The bills are not geared toward limiting climate change. Rather, they are aimed at helping federal, state and local officials adapt to the possible consequences of global warming.

The Commerce, Science and Transportation Committee approved the measures by voice vote. The Environment and Public Works Committee will begin marking up a broad climate-change bill Wednesday.

Tuesday’s markup was mostly perfunctory, but one bill did engender some debate. The measure (S 2355), sponsored by Maria Cantwell, D-Wash., would require the president to prepare a strategy for addressing the impacts of climate change in the United States and require federal departments and agencies to prepare adaptation plans.

The legislation also would direct the Commerce secretary to conduct regional assessments of the vulnerability of ocean and coastal resources.

Ted Stevens, R-Alaska, said science does not currently have the ability to make those types of predictions on a regional scale.

“This requirement of the bill would have many significant impacts on the economy of my state,” Stevens said.

Barbara Boxer, D-Calif., chairwoman of the Environment and Public Works Committee, said she would work with Stevens to address his concerns as the measure proceeds.

The committee also approved a bill (S 2307), sponsored by John Kerry, D-Mass., and Olympia J. Snowe, R-Maine, that would set up a “national climate service” within the National Oceanic and Atmospheric Administration to assess the impacts of climate change at state and local levels.

Proponents say state and local governments do not have enough information about how global warming could affect specific regions of the country. They also say the government needs to do a better job of relaying this information in a way that is relevant to policy makers.

The bill is partly a response to criticism of the government’s implementation of the 1990 Global Change Research Act (PL 101-606), which requires assessments every four years of the impacts of changes in the global environment. The Clinton administration issued one national assessment in 2000, but the Bush administration has not issued one.

The bill would amend the law to clarify how comprehensive an assessment should be, a Senate aide said. It also would require a new strategic plan for the Global Change Research Program, an interagency group established under the law.

Many similar provisions in the bill are included in House-passed energy legislation (HR 3221). The two chambers are now preparing to move a new version of the energy bill to the floor; it remains unclear whether the climate-science language will become part of the final package.

The panel also approved a bill (S 1581) that would establish an interagency committee on ocean acidification. Greenhouse gas emissions can make oceans more acidic, potentially destroying ecosystems. It was introduced by Frank R. Lautenberg, D-N.J.

CAFE and the U.S. Auto Industry: A Growing Auto Investor Issue, 2012-2020

Posted by Brad Johnson Tue, 04 Dec 2007 16:00:00 GMT

A briefing hosted by the Investor Network on Climate Risk (INCR) on key findings of a new analysis by Citi and INCR titled CAFE and the U.S. Auto Industry: A Growing Auto Investor Issue, 2012-2020, which shows that automakers’ shareholders can thrive while the automakers build cars and trucks that are better for our health and reduce global warming pollution.

Automakers have an opportunity to both advance fuel efficiency technology and become more globally competitive and sustainable in the process. The report’s results found that increasing corporate average fuel economy (CAFE) standards by 2012 could modestly benefit General Motors, while foreign automakers profits are largely unaffected.

In order to assess how Wall Street should react to an increase in fuel economy, Citi’s Equity & Debt Research group teamed up with the Investor Network on Climate Risk – which represents over $4 trillion in institutional investors – along with industry experts at the Planning Edge, University of Michigan Transportation Research Institute, and NRDC to conduct a forward-looking simulation of the five-year earnings impacts of changes to the CAFE program.

Panelists
  • Russell Read, Chief Investment Officer, CalPERS ($208 billion public pension fund)
  • Walter McManus, Director, University of Michigan’s Transportation Research Institute
  • David Gardiner, Senior Advisor to the Investor Network on Climate Risk (formerly Executive Director of President Clinton’s White House Climate Change Task Force and EPA’s Assistant Administrator for Policy)

The analysis employed a complex proprietary model combining supply- and demand-side simulations with Citi’s financial models. The report finds that tougher CAFE standards can be met “with modest additions of existing technologies” and will likely be “most beneficial to GM and least beneficial to Chrysler.” Other key findings:

  • Most automakers’ earnings will be largely unaffected by the CAFE standards in the 2012 time horizon, but some companies, like GM, could gain as much as $0.25 per share.
  • Automakers are expected to modestly shift their sales mix to more fuel-efficient models to meet tougher CAFE standards, but the most profit-maximizing approach appears to be through investments in fuel-savings technologies-higher efficiency internal combustion engines, in particular-applied to cars and trucks.
  • Suppliers of technologies such as turbochargers, automated manual transmissions and diesel engine fuel injectors may gain $4.3billion in growth by 2012 and even more by 2020.

For more information contact Miranda Anderson at: [email protected] or 202-285-2018; or, Ladeene Freimuth at: 202-550-2306 or [email protected].

Bali: Australia Ratifies Kyoto Protocol

Posted by Brad Johnson Mon, 03 Dec 2007 17:05:00 GMT

On the first day of the United Nations Climate Change Conference in Bali, Kevin Rudd, the new prime minister of Australia ratified the Kyoto Protocol, leaving the United States and Kazakhstan the only signatories who have failed to ratify.

Rudd’s statement begins:

Today I have signed the instrument of ratification of the Kyoto Protocol. This is the first official act of the new Australian Government, demonstrating my Government’s commitment to tackling climate change.

Ratification of the Kyoto Protocol was considered and approved by the first Executive Council meeting of the Government this morning. The Governor-General has granted his approval for Australia to ratify the Kyoto Protocol at my request.

Under United Nations guidelines, ratification of the Kyoto Protocol enters into force 90 days after the Instrument of Ratification is received by the United Nations. Australia will become a full member of the Kyoto Protocol before the end of March 2008.

Enviro-Energy Corp Report Says US Can Achieve Greenhouse Goals

Posted by Brad Johnson Mon, 03 Dec 2007 16:09:00 GMT

Last week McKinsey & Company released a report, Reducing U.S. Greenhouse Gas Emissions: How Much at What Cost?, that found that the goals of current greenhouse gas emissions reduction legislation for 2030 are achievable with current technology and at manageable cost, although it warned:
Achieving these reductions at the lowest cost to the economy, however, will require strong, coordinated, economy-wide action that begins in the near future.

The report was commissioned by the environmental organizations Environmental Defense and National Resources Defense Council and the energy technology companies Honeywell, National Grid, PG&E Corporation, Shell, and DTE Energy. The Conference Board, the leading U.S. corporate think tank, endorsed the paper.

McKinsey found that a broad mix of abatement options need to be followed; no one strategy accounted for more than 11% of the total abatement, noting:
In regions with high-carbon grids, energy efficiency improvements, typically through upgrades to building standards, HVAC equipment, and appliances, are likely to be the most effective and lowest-cost strategies. Conversely, sectors and regions with access to low-carbon grid infrastructure offer more compelling applications of such emerging technologies as PHEVs (plug-in hybrid vehicles).
In its conclusion the report reiterated the importance of immediately implementing energy efficiency strategies, many of which end up saving more money than they cost, to “buy time” for emerging technologies to develop commercially.

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