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Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.




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Are Environmental Regulations Causing US Utility Bills to Surge?

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.




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UN Sees Irreversible Damage to Climate Caused by Fossil Fuels

Humans are causing irreversible damage to the planet from burning fossil fuels, the biggest ever study of the available science concluded in a report designed to spur the fight against climate change.




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Carbon Breakthrough: US, China Make Milestone Agreement to Fight Climate Change

President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.




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Obama to Pledge $3 Billion for Climate Change Fund

President Barack Obama will pledge $3 billion to a United Nations climate-change fund that’s intended to help poor nations boost renewable energy and counter the ill effects of global warming.




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German Utility EON To Ditch Fossil Fuel Arm, Focus on Renewables

EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.




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Sage Advice is the Highlight of the Women in Power Luncheon

The advice that Pennwell’s 2014 Woman of the Year, Mary Powell, gave to women in the power industry during Tuesday’s Women in Power Luncheon might come as a surprise to some. It was this: Stop undercutting each other. Powell said the most difficult obstacles she has encountered in her various leadership roles have not come from men, but rather from other women. Small comments like “I don’t know how you do it [being a mom and holding a high-level job]”, serve to bring doubt and uncertainty to high achieving women in any industry, and ultimately can lead to women exiting their careers in order to fit what they perceive is the societal norm.




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India Plans Renewables Splurge, But Will Not Commit to Carbon Plan

India, the world’s third-largest polluter, will spend at least $100 billion on climate-related projects but isn’t ready to follow China and the U.S., the top two emitters, in promising to limit its fossil-fuel emissions.




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Buffett Testing Smart Grid Technology for Home Energy Management

Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.




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China Nears Publication of Plan to Guide Geothermal Developments

China could be nearing publication of a plan to guide the development of geothermal energy resources over the next few years as it plunges ahead with efforts to get more of its energy from renewable sources.




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Want to Buy a Used German Power Plant? Shipping Is Included

Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.




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Geothermal Saves Kenya $24 Million of Fuel Monthly, Says KenGen

New power-generating units at Kenya’s Olkaria I plant are saving East Africa’s biggest economy about 2.2 billion shillings ($24 million) a month on fuel costs, according to the country’s biggest electricity producer.




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Harvard’s Star Alumni Urge Week of Fossil Fuel Protests

Actress Natalie Portman, environmentalist Robert F. Kennedy, Jr., and other high-profile Harvard University alumni are calling for demonstrations to urge divestment from fossil fuels.




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Chile Gets Cleaner at a Profit with Renewable Energy Push

Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.




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Sweden, Norway Increase Renewable Target Amid Power Glut Concern

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.




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Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.




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Mexico Pledges to Cut Emissions 25 Percent in Climate Change Milestone

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.




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Australia’s Biggest Power Producer Sees Future without Coal

Australia’s largest electricity producer committed to close its coal-fired power plants within 35 years as part of an effort to cut the nation’s dependence on the fossil fuel.




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Japan Anticipates Clean Energy Will Edge Out Nuclear Power

Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.




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Paris Geothermal Boom Brings Deep Drilling to Crowded Suburbs

Squashed between a highway overpass and a towering suburban shopping center east of Paris, a drilling rig is completing the second of two geothermal wells aimed at capturing the earth’s natural heat for homes and offices.




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Nordic Renewables Boom Set to Exceed Wind Energy Target

Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.




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German Utility's Race for Renewables Seen as Too Little, Too Late

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.




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The Way Humans Get Electricity Is About to Change Forever

Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040. 




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For All Their Talk, Colleges Divest Little After Climate Protest

Stanford, Oxford and Georgetown universities have won praise for promising to purge their endowments of direct investments in coal, embracing the fight against climate change.

 




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‘Snail’s Pace’ in Climate Talks, Weak Pledges Frustrate UN Chief

The secretary general of the United Nations is frustrated with the pace of negotiations for what’s intended to be a crucial agreement limiting global warming.

Climate change pledges submitted so far from the world’s leading economies won’t be enough to keep the planet from warming dangerously, UN Secretary General Ban Ki-moon said Monday in New York.

Proposals to reduce heat-trapping emissions need to be “a floor, not a ceiling,” he said.

The global increase in temperatures will exceed 2 degrees Celsius (3.6 degrees Fahrenheit) under the national pledges already submitted to UN, Ban said. That’s the goal scientists and the UN have set to avoid the worst effects due to global warming.

The proposals submitted to date “will not be enough to place us on a 2-degree pathway,” Ban said.

Without any changes to global emissions, the world is on track to warm by 4 degrees Celsius or more, UN Assistant Secretary-General for Climate Change Janos Pasztor said earlier this month.

World leaders have five months to go before a meeting of almost 200 nations in Paris that’s intended to seal a new global pact to cut planet-warming carbon emissions. If successful, the agreement would be the first ever to require both developed nations like the US and growing economies like China to address climate change.

“The pace of UN negotiations are far too slow,” Ban said. “It’s like a snail’s pace.”

The U.S., the world’s biggest historic source of greenhouse gases, pledged earlier this year to cut its emissions by as much as 28 percent by 2025. The European Union has promised a 40 percent cut by 2030. Several other major economies, including Australia and Japan, have yet to submit climate plans to the UN.




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Germany Gives Dirtiest Coal Plants Six Years for Phase Out

German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.




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The Latest Sign That Coal Is Getting Killed

Coal is having a hard time lately. U.S. power plants are switching to natural gas, environmental restrictions are kicking in, and the industry is being derided as the world's No. 1 climate criminal. Prices have crashed, sure, but for a real sense of coal's diminishing prospects, check out what's happening in the bond market.




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Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.




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OPCW: Nearly half of Syrian chemical agents out of the country

Nearly half of the declared chemical weapons in Syria have been removed from the country, a U.N. monitoring mission said Thursday.




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Villagers in Pakistan face threat from rising seawater

The intrusion of the Arabian Sea into the mouth of the Indus River in Pakistanis forcing villages to relocate inland, and threatening livelihoods.




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UK Discrimination Law Review: Religious discrimination and group disadvantage

In 2013 we had the long awaited decisions in the combined appeals brought in the cases of Eweida and others v The United Kingdom.  These comprised the judgment of the European Court of Human Rights, applying the right to freedom of thought cons...




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UK Discrimination Law Review: Age discrimination and compulsory retirement

Since the removal of the default retirement age, there have been surprisingly few cases giving guidance as to when an employee might be lawfully retired.  Some employers have implemented their own ‘Employer Justified Retirement Age’...




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UK Discrimination Law Review: Age discrimination and retirement: Seldon – the final chapter

In the latest, and what we can now assume is the last, chapter in the long running Seldon case concerning compulsory retirement, the Employment Appeal Tribunal (EAT) has upheld the Tribunal’s decision that compulsory retirement, in this case i...




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UK Discrimination Law Review: Age Discrimination – pay and pay protection

The Court of Justice of the EU (CJEU) has recently given another decision on the subject of age discrimination and justification.  Whilst many of the previous judgments have focused on issues around retirement age, unusually the Specht case dea...




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UK Discrimination Law Review: Mandatory gender pay reporting

By March 2016 new regulations will be in place that will require larger employers in the private and third sector to publish details of their gender pay gap ie the difference in pay between male and female employees. The new rules, which will come a...




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UK Discrimination Law Review: Changing terms of employment: indirect age discrimination

Imposing changes to terms and conditions of employment is rarely a straightforward exercise.  As well as dealing with issues such as collective and individual consultation, the risk of unfair dismissal and breach of contract claims, and (in som...




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UK Discrimination Law Review: Indirect discrimination - analysing the nature of and reason for disadvantage

A recent judgment of the Court of Appeal suggests that in some indirect discrimination cases there should be a greater focus on the nature of and reason for the claimed disadvantage than has previously been the case. The ruling may make it harder fo...




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UK Pensions Speedbrief: Age discrimination challenge to judicial pension scheme succeeds

UK Pensions Speedbrief: Age discrimination challenge to judicial pension scheme succeedsThe Employment Tribunal has handed down its



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UK Pensions Speedbrief: Public sector age discrimination appeals - latest

The Employment Appeal Tribunal (EAT) has ruled that the transitional arrangements in the New Judges Pension Scheme (NJPS) constitute unlawful age discrimination.  In a related case, the EAT has also held that the Employment Tribunal (ET) f...




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TMT legal update: Where to bring proceedings for online copyright infringement?

Précis On the 4th July 2013 Eversheds reported on the Opinion of Advocate General Niilo Jääskinen (the “AG”) in the Case C-170/12 Pinckney. (Click here to view this article). Following ...




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Redundancy and Age Discrimination - the Tower Hamlets case

A recent Employment Appeal Tribunal decision (The Mayor and Burgess of the London Borough of Tower Hamlets v Mr J Wooster) has found a local authority liable for unfair dismissal and age discrimination where it made insufficient effort to redeploy a...




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Public sector pensions: “technical” changes to LGPS regulations

The Ministry of Housing, Communities and Local Government (MHCLG) has recently launched a consultation on what it has described as “technical” changes to regulations governing the ...




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U.S. IPO Weekly Recap: Kingsoft Cloud Completes Largest IPO Since March In 3-IPO Week




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Summer Budget 2015

Reaction to the Chancellor's Summer Budget 2015 A radical budget with big surprises, as well as much of that was expected. A good budget for UK plc, with corporation tax rates to be reduced to 18% by 2020, the rates of VAT, incom...




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Pre-Budget Report

The Chancellor set out a number of measures of interest to the property sector in his Pre-Budget Report on 24 November 2008. The key ones are: a reduction in the rate of VAT from 17.5 per cent to 15 per cent for the period 1 December 2008 to 31 D...




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Mortgagee’s power of sale does not offend human rights

Realisation of security by mortgagees is a hot topic in current economic circumstances, and Horsham Properties Group Ltd v Clark is a case that underlines that mortgagees' powers can sometimes appear draconian. In this case, the mortgagee appointed...




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A building used largely as offices cannot be a ‘house’

A building that was built 150 years ago as a house, but that has been used predominantly as offices for the past 60 years, is not a 'house' for the purpose of the Leasehold Reform Act 1967. The Court of Appeal in Grosvenor Estates Ltd v Prospect Es...




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Flood and Water Management Bill

Developers can no longer assume that they will be entitled to connect new developments to public sewers for the disposal of service water. The draft Flood and Water Management Bill, intended to improve how the country prepares for and responds to f...




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Proposed changes to lease accounting

...




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Mobile technology can improve access to healthcare in Nigeria – if it’s regulated

Evidence from low- and middle-income countries suggests that digital and mobile communication technology can improve management of diseases.

The post Mobile technology can improve access to healthcare in Nigeria – if it’s regulated appeared first on Premium Times Nigeria.