From the US Government run Colorado based – National Renewable Energy Laboratory (NREL) – Ms. Victoria Healey goes to the Abu Dhabi IRENA meeting in order to stimulate governments’ interest in implementing their PARIS COMMITTMENTS.
In a letter to all IISD readers of the Clean Energy List, Ms. Victoria Healey, the Project Leader at US NREL writes:
About the Renewable Energy Policy Advice Network, the Clean Energy Finance Solutions Center, and the Clean Energy Solutions Center:
The Clean Energy Solutions Center and the International Renewable Energy Agency (IRENA) joined forces in 2013 to launch the Renewable Energy Policy Advice Network (REPAN)—a collaboration that leverages both organizations’ resources by coordinating a global network of experts and practitioners to help countries design and implement renewable energy policies and programs. To learn more visit cleanenergysolutions.org/expert/…
The Clean Energy Finance Solutions Center of NREL assists governments and practitioners with identifying appropriate finance mechanisms and designing and implementing policies to reduce risk and encourage private sector investment; helping to achieve the transition to clean energy at the speed and scale necessary to meet local development needs and address global challenges. The CEFSC is an expanded and dedicated resource that is part of the Clean Energy Solutions Center, a Clean Energy Ministerial initiative that helps governments design and adopt policies and programs that support deployment of clean energy technologies.
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After the Bonn stop on the way to Paris – it is clear that the UN is not capable to do what it takes to get a global answer to Climate Change: About 150 Countries nevertheless Will Start Finally On a Green Economy Path. Paris Will Be a Succes Despite the UN.
Convening from 19-23 October 2015, the Bonn Climate Change Conference was the last in a series of meetings under the UNFCCC in preparation for the 21st session of the Conference of the Parties (COP 21), scheduled to take place in November-December 2015, in Paris, France.
In their scenario note ADP.2015.7.InformalNote), ADP Co-Chairs Ahmed Djoghlaf (Algeria) and Daniel Reifsnyder (US) identified the objective of the session as intensifying the pace of text-based negotiations among Parties, with a view to preparing the draft Paris climate package for presentation at the opening of COP 21.
At the end of the week-long meeting, Parties issued two non-papers, one containing draft agreement text and draft decision text related to the agreement (workstream 1 of ADP’s mandate) and the other containing draft decision text related to pre-2020 ambition (workstream 2).
The full and best reporting of what went on in Bonn can be found at: mail.google.com/mail/u/1/#search…
Going over the Summary it becomes clear – if it was not before – that there will be no UN document ready for the Paris meeting and that UN bickering will continue – be assured that some Arab State will find space to bash Israel. All what the UN can do is to bring the problem to the public’s attention, and it is left to the public to push their governments to make a commitment, that is in those countries where a public opinion counts.
Paris COP 21 of the UNFCCC will not be a wash. This thanks to the fact that over 150 countries have already presented their commitments to act on Climate Change. Take for instance the US where by now commitments from companies that are joining the American Business Act on Climate Pledge, bringing the total number of US companies that have signed onto the pledge to 81. Together, these companies have operations in all 50 US states, employ over nine million people, represent more than US$3 trillion in annual revenue, and have a combined market capitalization of over US$5 trillion.
And yes, in the EU, Japan, Brazil there are similarly industry commitments – pushed by the public. In China and India as well, the public pushes for government action on pollution of any kind and this includes a better understanding of Climate Change disasters.
In a more general way see the The International Energy Agency’s evaluation of the situation:
The IEA’s “Energy and Climate Change: World Energy Outlook” tells us that full implementation of the intended nationally determined contributions (INDCs) submitted to the UN Framework Convention on Climate Change (UNFCCC) by mid-October would decouple power sector emissions from electricity demand but would still lead to an average global temperature increase of around 2.7°C, which falls short of the declared “major course correction necessary” to stay below an average global temperature rise of 2°C.
The Outlook Special Briefing for COP21′ analyzes INDCs submitted by more than 150 countries, accounting for close to 90% of global energy-related greenhouse gas (GHG) emissions, and assesses in particular their energy sector-related impacts.
According to the briefing, given that energy production and use account for two-thirds of global GHG emissions, “actions in the energy sector can make or break efforts to achieve the world’s agreed climate goal” of staying below a 2°C temperature rise.
The briefing examines what the energy sector will look like globally in 2030 if all INDCs are fully implemented, and whether this will place the energy sector on a path consistent with the 2°C goal.
If implemented, the INDCs will lead to an improvement of global energy intensity at a rate almost three times faster than the rate since 2000. Emissions will either plateau or decline by 2030 in countries accounting for more than half of global economic activity at present. Of new electricity generation through 2030, 70% will be low-carbon.
And excerpted from a bright blogger for Huffington Post (UK):
Over the past three decades annual climate talks under the United Nations banner have become part of the Zeitgeist of a large movement. They draw government officials, think tanks, civil society, journalists and the occasional hipsters into negotiations over which ride trillions of dollars and our future well-being on Earth.
Expect a lot of drama at the next instalment, taking place in Paris in late November – early December.
Heads of state will make grandiose pronouncements.
Negotiators from 190 countries will huddle, whisper, argue over words for days and bargain in stuffy rooms in a style that would make bazaar traders proud.
Civil society will push for strong outcomes, prod for more climate finance, demonstrate occasionally (a welcome activity in Paris), express anger followed by frustration before going home let down again.
The press and the public will turn an inattentive, occasional eye to the 45,000 people gathered in Paris, then turn their attention away.
The private sector, two-thirds of global GDP and employment, will be largely absent (it is not formally represented in the negotiations) and mostly ignore the whole thing.
At the end, governments will cobble together a weak agreement to set emission reduction targets. Some will declare a major win, others will accurately note that we need to do much, much more. Then everyone will go home in time for the Christmas holidays and most of COP21, as the Paris UN gathering is known, will be forgotten.
Deeply buried in this cacophony are two emerging themes with the potential to significantly impact the private sector.
A Paris climate agreement, no matter how wobbly, will involve more than 150 countries publishing mini business plans for their economy describing what each will do to help limit global warming to 2 degrees Celsius by 2030. In typical UN jargon, these low-carbon business plans are known as INDCs, short for “intended nationally determined contribution.”
The INDCs are the driving force of COP21 and will become the development pathway for all countries. Weak and general at first, they will become stronger and more detailed over time.
First, multi-trillion dollar investment opportunities for the private sector will be clearly delineated, while others, far from where the country is heading, should be avoided.
For example, India’s business plan shows it wants to increase its clean energy generation capacity from 36 GW today to a whopping 320 GW by 2030. Similarly, China wants an extra 775 GW of renewables by 2030, on top of its existing 425 GW, the US wants to add an extra 179 GW and the EU another 380 GW.
Taken together, that’s double the world’s current renewable energy installed capacity (excluding hydropower) in investment potential, all of which comes with strong institutional support now that it is anchored in an INDC.
Second, the breadth of these INDCs means that within a few years, all finance will be climate finance; and all bonds will be green bonds.
We already know the commitments in Paris are nowhere near enough: The US, Europe, and China alone use up the world’s entire carbon budget by 2030. Therefore it’s reasonable to expect that they will get tougher, tighter and more precise with time because countries will be under increasing pressure to deliver, as climate change hits all of us harder and harder.
Post-2020 (the INDCs will most probably be reviewed in five year cycles), there is therefore likely to be a “wall of shame” hitting anyone who invests in non-INDC compatible, non-climate friendly technologies. In fact perhaps we will see “black bonds” emerge, highlighting investments that are increasingly unacceptable and at risk of being stranded because of their high emissions.
INDCs will make green investments even more mainstream than they are today and ensure that dirty investments are avoided on a long-term scale.
Loss and Damage
“Loss and damage” refers to the need to account for the impact of climate change, for example on a small island nation losing territory because of sea level rise. An element of climate negotiations for several years, its significance could be enormous for insurance companies, reinsurers, financial analysts and the markets.
Governments will continue to argue whether loss and damage is a euphemism for liability and compensation. Richer nations will end up ensuring that the answer is vague, and that therefore they can’t be held liable and won’t have to pay compensation.
However, the door is likely to be kept open for clever lawyers to use the “loss and damage” aspects of a climate change agreement to launch claims against companies: Victims of climate change will aggressively try to go after corporate polluters for compensation, particularly the likes of Exxon, Shell and BP who have known about climate change for decades but either buried the evidence or ignored it to accumulate profits at the expense of our collective health and well-being.
The results of these claims could be shocking for many. The Dutch proved earlier this year that climate liability lawsuits can stand up in courts.
From the above, we conclude that COP 21 of the UNFCCC in Paris will have picked up from where COP 15 of Copenhagen left the Climate Change issue. Copenhagen was where the Kyoto stillborn Protocol was buried by Obama bringing for the first time the Chinese on board, now it will be the Obama-Xi alliance that will bring most true Nations on board. And let us not forget Pope Francis and the ethics of “we are the creation’s wardens.” This resonates very well with much of the public and helps the businesses that will move green.
We will not go to the opening of the Paris meeting, but will be there for the end – this so me can evaluate the outcome which promises to have practical value.
“I think it is imperative that we look at the Keystone pipeline as what I believe it is — a distraction from important work we have to do on climate change and unfortunately from my perspective, one that interferes with our ability to move forward with all the other issues.” Hillary Clinton told a community forum in Des Moines, Iowa.
(CNN) Hillary Clinton said Tuesday she opposes the controversial Keystone XL pipeline, taking sides with progressives who are fighting the 1,179-mile project over environmental concerns.
The announcement, which comes after months of Clinton remaining mum over the hot-button 2016 issue, immediately drew praise from liberals and environmental groups but was criticized by Republican presidential candidates.
The Democratic 2016 front-runner announced her opposition to the project — which is still the subject of a years-long State Department review — as Pope Francis landed in the United States, dominating national media attention.
Clinton had not previously disclosed her position on the campaign trail despite consistent questions about her position on the project, which is widely favored by conservatives but opposed by liberals who believe it will contribute to climate change. In explaining her answer Tuesday, Clinton said she didn’t want to interfere with a review process that started under her watch.
“I was in a unique position as secretary of state at the start of this process, and not wanting to interfere with ongoing decision-making that the President and Secretary (of State John) Kerry have to do in order to make whatever final decisions they need,” Clinton said. “So I thought this would be decided by now, and therefore I could tell you whether I agree or disagree, but it hasn’t been decided, and I feel now I’ve got a responsibility to you and voters who ask me about this.”
Speaking to the Des Moines Register’s editorial board after the event, Clinton said she had “no idea” she would be asked about the pipeline Tuesday.
But, she said, “I think I owed it to people to say where I stood,” adding, “clearly, the time had come for me to answer the question.”
Jennifer Palmieri, Clinton’s communications director, said in a statement to CNN that Clinton’s role as a former secretary of state put her “in a different situation than other candidates.”
“Having the experience of being a former secretary of state distinguishes her and her candidacy, but it comes with responsibilities that at times can limit her,” Palmieri said. “But we know that the experience is well worth whatever price she may pay politically.”
A Clinton campaign aide told CNN that the former secretary of state couldn’t wait any longer to explain her position.
“She’s been taking on water for (not taking a position) … She didn’t want to jam Secretary Kerry or jam the President but it was just time. It’s September,” the aide said.
The aide said as pressure had mounted for Clinton to take a position, she wanted to give the administration space but doing so became untenable. The aide noted Clinton’s meeting with the Des Moines Register, and the campaign was expecting the question to come up. She wanted to be able to answer, the aide said.
The White House was briefed on Clinton’s position prior to her comments Tuesday, another Clinton aide said.
“Also, in the course of discussing her plans for increasing investment in energy infrastructure with labor officials in recent weeks, she privately made her opposition to the pipeline known to them as well,” the aide added.
Clio Cullison, a student at Drake University who came to the event after a friend of hers at 350.org, an active climate change advocacy group that has regularly followed Clinton on the campaign trail, asked her to attend and ask Clinton about the pipeline.
“I was really nervous to ask,” Cullison told CNN. “I haven’t asked any political candidates a question ever, so that was really exciting.”
The student added that she “was afraid of her answer, to be honest. I didn’t know where she was going to stand. I didn’t know if she was going to answer at all. I am really glad she did answer, one, and two, did oppose the Keystone pipeline.”
Clinton has repeatedly been asked about Keystone on the campaign trail but has never answered directly.
“I am not going to second guess (President Barack Obama) because I was in a position to set this in motion,” Clinton said at a July event in New Hampshire. “I want to wait and see what he and Secretary Kerry decide.”
At the same event, she later added, “If it is undecided when I become president, I will answer your question.”
And throughout much of 2013 and 2014, Clinton criss-crossed the country on the paid speaking circuit and later on her book tour. She was asked about Keystone a number of times, particularly in Canada, where the pipeline would originate. At no point did she take a position, however.
Clinton’s announcement on Tuesday was met with praise from environmental groups.
Jane Kleeb, director of the anti-pipeline group Bold Nebraska, said the decision “was a long time coming,” and demonstrates that Democratic candidates need to pay closer attention to the progressive base.
“Political insiders continue to not give credit to the climate movement and not give credit to farmers and ranchers who are opposed to these risky fossil fuel projects,” Kleeb told CNN. “This is a big part of her progressive base — people who are not just against Keystone but want to see action on climate change.”
And Bill McKibben, co-founder of 350.org, said Clinton has slowly been moving in this direction since 2010, when she said she was “inclined” to approve the project. “It’s been a good evolution, always in the right direction,” he said.
“Over time, she has come to understand that a defining issue of the next election is climate change and there’s no way to address it seriously without this being answered,” McKibben said, calling it a “boondoggle” that he expects Obama to reject as well.
Clinton’s Democratic presidential opponents have opposed the deal. On Tuesday, former Maryland Gov. Martin O’Malley, lambasted her for the delay in taking a position.
“On issue after issue — marriage equality, drivers licenses for undocumented immigrants, children fleeing violence in Central America, the Syrian refugee crisis, and now the Keystone Pipeline, Secretary Clinton has followed — not forged — public opinion,” O’Malley said in a statement.
Vermont Sen. Bernie Sanders said he was “glad” Clinton came out against the pipeline.
“As a senator who has vigorously opposed the Keystone pipeline from the beginning, I am glad that Secretary Clinton finally has made a decision and I welcome her opposition to the pipeline,” Sanders said. “Clearly it would be absurd to encourage the extraction and transportation of some of the dirtiest fossil fuel on the planet.”
But Republican presidential hopefuls quickly bashed Clinton over the announcement. Jeb Bush slammed Clinton for favoring “environmental extremists” in making her decision.
“.@HillaryClinton finally says what we already knew. She favors environmental extremists over U.S. jobs. #KeystoneXL,” he tweeted.
Bobby Jindal noted that Clinton’s announcement came at the same time Pope Francis arrived in the U.S.
“Hoping that Americans would be distracted by the Pope’s visit, Hillary finally admitted she opposes #KeystoneXL,” Jindal tweeted, linking to a petition on his campaign website to urge construction of the pipeline.
South Carolina Sen. Lindsey Graham fired off a series of tweets, saying the pipeline would help the economy and boost national security by reducing dependence on foreign oli.
“In opposing Keystone pipeline, Hillary Clinton once again shows that she intends to continue the failed polices of the Obama Administration,” he said.
CNN’s Dan Berman and Brianna Keilar contributed to this report.
The Flury of very recent Travel between Russia, Iran, Saudi Arabia, the US, and Syria shows that the Iran Deal has in it an opening on Syria – but nobody has yet had the courage to print that this has to do with the PRICE OF OIL.
We react here to the New York Times Editorial of August 24, 2015 that seemingly wants us to believe that Putin and the Ayatollahs found religion when they heard that 250,000 Arabs were killed in Syria. Really – why should they care?
Let us suggest that “THE DEAL” has turned the interest of Iran to revive its International Banking if the Sanctions are removed – and that is the real driving force that eventually can bring Putin and the Ayatollahs to the table IN EXCHANGE FOR A SAUDI AND THE OTHER GULF STATES OIL EXPORTERS PROMISE TO REDUCE THEIR EXPORTS OF OIL.
YES – the US and the Europeans are driven by humanitarian concepts – the Russians and the Iranians think of the PRICE OF OIL that hit them hard in their economies. The US and the Europeans enjoyed the lowering of the price of oil – based on the high supply figures and a decreasing demand that resulted from GREEN ACTIVITIES – higher efficiency and alternate sources of energy.
Please join us on September 1 as the Global Energy Efficiency Accelerator platform hosts a webinar on the opportunities to use building efficiency and district energy in combination to create more sustainable cities.
This webinar of the SE4ALL Global Energy Efficiency Accelerator partnership is jointly hosted by World Resources Institute (WRI), United Nations Environment Programme (UNEP) and ICLEI-Local Governments for Sustainability. Additional information on the webinar is included below and in the attached document.
Please feel free to share information about this webinar with your colleagues and partners. The primary audience for the webinar is local governments, but it is open to a general audience.
Combining Building Efficiency and District Energy for More Sustainable Cities: A Sustainable Energy for All webinar
Date: Tuesday, 1 September 2015
Times: 10:00-11:30 CEST
Location: Video conference/webinar
DTU – Dept. of Management Engineering
Xiao Wang is DTU Coordinator for
Email: xwang at dtu.dk
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May Boeve Presents the Plan of Action of 350.org Before, during, and after the Paris 2015 meeting. She says it must be shown that in face of Climate Change the politicians must be shown that the time of inaction is over. Activities are planned for September 10, 26, for Paris, and then starting in April 2016.
The time for feeling powerless in the face of climate chaos is over.
From: May Boeve - 350.org
Monday, August 17, 2015
Our movement has grown tremendously — and it shows every time a new leader stands up to declare we must keep fossil fuels under ground, or a university, church or pension fund divests from fossil fuels. The problem is the power of the fossil fuel industry.
The Paris negotiations could potentially send a signal that world governments are serious about keeping fossil fuels in the ground. If they fail, it will embolden the fossil fuel industry and expose more communities to toxic extraction and climate disasters.
The solutions are obvious: we need to stop digging up and burning fossil fuels, start building renewable energy everywhere we can, and make sure communities on the front lines of climate change have the resources they need to respond to the crisis.
This could be a turning point — if we push for it. Join our global call for action to world governments, telling them to commit to keeping at least 80% of fossil fuels underground, and financing a just transition to 100% renewable energy by 2050.
The time for feeling powerless in the face of climate chaos is over. No matter what happens in the negotiating halls, we must build power to hold them accountable to the principles of justice and science.
After many months of consultation with our global network, here is the plan for what I call “The Road Through Paris”: the plan to grow our movement and hold world leaders accountable to the action we need.
In the 6 years 350.org has been around, this is the most ambitious plan we’ve ever proposed. But ambition is what is called for, along with courage, faith in each other and the readiness to respond when disaster strikes, plans change, or politicians fail to lead.
The US Insanity that mandates waste to manicure lawns. Why not nice natural growth at all times. Why does California need the Governor’s intervention to over-rule crazy local mandates for wasteful “Green Lawns”?
By Melanie Mason
July 13, 2015, The Los Angeles Times.
Cities and counties will no longer be able to impose fines on residents for unsightly brown lawns while the state is in a drought, under a bill signed by Gov. Jerry Brown on Monday afternoon.
The measure, by Assemblywoman Cheryl Brown (D-Rialto) prohibits local governments from issuing fines for violations of “lawn maintenance” ordinances when the governor has declared a state of emergency due to drought conditions.
Cheryl Brown has said she’s aware of a number of cities, including Glendale, Upland and San Bernardino, that have levied fines or issued warnings to residents who allowed their lawns to go brown.
The measure is the most recent effort by the Legislature to encourage homeowners to let their lawns “fade to gold.” Last year, Brown signed a measure that barred homeowners’ associations from punishing their residents for unwatered lawns.
With California now in its fourth year of drought, the governor has called for strict conservation efforts, including requiring urban areas to cut their water use by 25%.
This month, state officials announced that residential water used dropped by 29% in May.
The transformation to fair and sustainable regional economies requires place-based, citizen-driven tools. The principles behind these tools are universal, but their effective application will be shaped by the landscape, the people, the history, and the culture of each particular region.
On September 14, 2015 Schumacher College for New Economists will welcome its first class of students to the Berkshires for the first two months of a nine month program. The program will be unprecedented, involving over twenty partner organizations at multiple locations across the US and UK. The list of partners is still growing, and currently includes:
The initiative grows from a common recognition: every local economy will need its own community economists – part visionary theorists, part activists – imagining what can be achieved and organizing to achieve it. Schumacher College was formed to train these new economists.
Program graduates may not have all the answers – but they will have the resources and connections to know where to look. They will know, and be known by, their community, and be committed to sharing and applying what they have learned.
They will find allies in the Maker Community who value the hand-crafted over the mono-culture products of an anonymous global economy, in the new agrarians cultivating small lots to produce for a regional food system, in community bankers who still make loan decisions based on face to face interviews, in environmentalists who understand the carbon cost of transporting goods over long distance, and in all those who love the “sidewalk dance” of a vibrant local economy.
They will engage a community process to explore the financing structures, the land tenure structures, the community supported industry structures, and the ownership structures needed to sustain and grow locally-owned businesses that pay a living wage.
They will need community engagement and support for their training. See below for more information on how to send a student from your community.
To get further details on Schumacher sustainability and the education for a new economy – please go to:
By Bill McKibben, EcoWatch
04 April 15
The chairman of the Guardian Media Group called the move a “hard-nosed business decision” that is justified on both ethical and financial grounds. I couldn’t agree more.
The Guardian Media Group is leading by example by divesting its entire £800 million (aka $1.2 billion) fund from fossil fuels and committing to invest in socially responsible alternatives instead. You can watch a video and find out more about The Guardian decision here.
When the roll of honor for action on climate change is someday called, I believe The Guardian’s name will be high on the list. They’ve taken a bold step in joining the fight to keep fossil fuels in the ground, both through their journalism and their own investments.
Let’s make sure The Guardian’s divestment commitment sends a strong signal to other foundations—as well as universities, cities, states, churches and any institution that holds money and is dedicated to the public good—to get on the right side of history too.
+35 # Barbara K 2015-04-04 13:08
+1 # Eldon J. Bloedorn 2015-04-04 18:00
+22 # Corvette-Bob 2015-04-04 15:13
-13 # brycenuc 2015-04-04 15:44
+12 # Littlebird 2015-04-04 17:50
+3 # seeuingoa 2015-04-04 16:26
+8 # Littlebird 2015-04-04 17:41
+3 # rhgreen 2015-04-04 19:31
+3 # Eliza D 2015-04-04 20:31
From: Beyt Tikkun Synagogue shul at tikkun.org via mail.salsalabs.net - this comes from Oakland, California and shows the Jewish way of love for Planet Earth and all Creation. You do not have to be religious to see this – and we are not religious.
*When: Saturday, February 07 2015 @ 11:00 AM – - 12:00PM
No rain: Frank Ogawa Plaza nr. the Rotuda near the 15th & Broadway entry to the Plaza
We davven the morning service first at Rabbi Lerner’s home from 9 a.m. to 10 a.m. then go to Frank Ogawa Plaza at Broadway and 15th street in Downtown Oakland to set up for a short (one hour) Tu B’shvat Seder.
We will have a few tables and a few chairs in the alley way near the Rotunda on the other side of the plaza from City Hall, assuming it isn’t raining heavily. Please bring a chair to sit on it if you can, and something delicious to nosh, or just come–we’ll have fruit and grape juice for the seder if you tell us you are coming BEFORE Friday 10 a.m. Feb. 6th so we can buy enough!! But if you haven’t done so, come anyway, but get there by 11 a.m. (which requires that you also give yourself at least 15-20 minutes to park if you come by car–there are big parking structures down there around 11 th and 12th streets–but environmentally best to come via the BART).
Rain is predicted but we have no way of knowing whether that is going to be like the heavy rain expected for Friday, or a much lighter rain that won’t be a big deal.
If the rain in heavy, the 1st Unitarian Church of Oakland, at 685 14th street, has graciously agreed to let us hold the seder in their building in their Wendte Hall (NOT the main sanctuary, where something else is happening).
After the Seder we will march up to where the march is happening (a mere four blocks away), and meet up with our already-drenched allies for the march. Be sure to bring clothing and umbrellas just in case.
TIKKUN IS PART OF THE NETWORK OF SPIRITUAL PROGRESSIVES (NSP) – they like to talk of “rEVOLution” for how to EVOLVE into a a decent world. Their kind of true revolution comes about with a little “r” with large “EVOL” so there is no blood-shedding.
The Oil Barrel is now below $50 – first time since 2009 – and the EURO is weakest against the dollar since 2006. The EU is heading towards economic and political instability that will further depress the oil market.
Crude Oil Dips Under $50 A Barrel, A Price Last Seen In 2009.
The price for a barrel of U.S. oil benchmark West Texas Intermediate fell below $50 Monday, matching levels seen in the spring of 2009. The drop is linked to both OPEC’s boosted production and a stronger dollar.
Oil’s latest fall came along with a dip on Wall Street, as the Dow Jones industrial average fell more than 330 points to finish at 17,501 — a drop of 1.86 percent that’s also seen as a reaction to new instability in Europe.
Petroleum has been in a free fall: In the U.S., the average cost for a gallon of regular gasoline has fallen from above $3.60 to below $2.20 since June, according to AAA.
The sharp drop has come as OPEC member nations seek to protect their market share by raising production levels to undercut profits for U.S. oil companies.
As Krishnadev reported for the Two-Way, the reasons for that gain include renewed instability in Greece and the possibility that the European Central Bank “could introduce quantitative easing to stimulate the eurozone.”
For many in the American oil industry, a central question has been whether companies can keep developing oil fields, even as the financial incentive to do so keeps shrinking.
As the industry site Fuel Fix notes today, the number of working U.S. oil rigs has fallen more in the past two weeks than in any similar period since 2009.
“The number of rigs operating in the United States declined by 29 last week to 1,811,” the site reports, “marking the fourth consecutive weekly decrease for the U.S. count, published by oil field services company Baker Hughes.”
The euro fell by 1.2% against the dollar to $1.1864, marking its weakest level since March 2006, before recovering slightly to $1.19370.
The drop follows ECB president Mario Draghi’s comments indicating the bank could soon start quantitative easing.
Greek political turmoil also weighed on the currency.
Although the ECB has already cut interest rates to a record low level, and also bought some bonds issued by private companies, a full-scale programme of quantitative easing QE has not yet been launched.
But on Friday, Mr Draghi hinted in a newspaper interview that the bank might soon start a policy of QE by buying government bonds, thus copying its counterparts in the UK and US.
The purpose would be to inject cash into the banking system, stimulate the economy and push prices higher.
Speaking in an interview with the German newspaper Handelsblatt, Mr Draghi said: “We are making technical preparations to alter the size, pace and composition of our measures in early 2015.”
Political turmoil in Greece also weighed on the euro, with fears that the general election on 25 January, could see the anti-austerity, left-wing Syriza party take control of the country.
The possibility has sparked fears about whether Greece will stick to the terms of its international bailout and stay in the eurozone.
On Saturday, Germany’s Der Spiegel magazine said the German government believes the eurozone would be able to cope with a Greek “exit” from the euro, if the Syriza party wins the Greek election.
Reacting to Der Spiegel’s report, a spokesman for German Chancellor Merkel said there was no change in German policy and the government expects Greece to fulfil its obligations under the EU, ECB and IMF bailout.
French president Francois Hollande also commented, saying it was now “up to the Greeks” to decide whether to remain a part of the single currency.
“Europe cannot continue to be identified by austerity,” he added, suggesting that the eurozone needs to focus more on growth than reducing its deficit.
Analysts said the euro was likely to remain volatile for the next few weeks.
“The market is readying itself for action from the ECB. The first meeting of the year takes place on 22nd January, so the euro is likely to remain in focus and see heightened volatility as we approach that date, which is also a few days before the Greek General Election,” said FxPro senior analyst Angus Campbell.
We go back to our base – the question what all this means to the answer of Clean Energy from Renewable Sources and Energy Independence in all parts of the World?
Our answer is that we are still optimists – now as the “Internet of Things” and our “Super-Connectivity” a la Rifkin – that we just posted – will help us get away from the reliance on fossil fuels. It seems thus that Russia may work in its best long term interest by squandering now its oil resources. I would not say that they do this because they have that foresight.
Jeremy Rifkin talks “Internet of Things” – a new era of super-connectivity – with Samsung’s BK Yoon at CES (Consumer Electronics Show) 2015 – Las Vegas, Nevada. Rifkin predicted that “homeowners and businesses will be able to produce and consume their own solar and wind green electricity and store and sell any surplus electricity back to the electricity grid, and enjoy driverless transportation on smart roads.”
LAS VEGAS – January 5, 2015 – Jeremy Rifkin, author of The Zero Marginal Cost Society, joined BK Yoon, President of Samsung Electronics, on stage during Mr. Yoon’s opening keynote address on the future of the Internet of Things at the 2015 International Consumer Electronics Show (CES) in Las Vegas. Mr. Rifkin described how the Internet of Things digital revolution transforms consumer electronics into “prosumer electronics,” allowing billions of people to actively produce, consume, and share economic and social activity with one another via their connected devices.
Mr. Rifkin observed that “every great economic paradigm shift in history brings together three new technologies in a seamless new infrastructure that changes the way we organize our economic life: new communication technologies to more efficiently manage economic activity; new sources of energy to more efficiently power economic activity; and new modes of transportation to more efficiently move economic activity.”
Mr. Rifkin went on to explain how “the automated Transportation and Logistics Internet will ease mobility by allowing people to use their mobile devices to share electric and fuel cell vehicles, monitor traffic flows, and, in the near future, enjoy driverless transportation on smart roads.”
“Most importantly,” said Mr. Rifkin, “the Internet of Things will also enable each of us to minimize our use of the Earth’s energy and material resources and usher in a more ecologically sustainable society.”
“We are,” says Rifkin, “on the cusp of a great economic transformation. The rise of the Internet of Things is going to improve the lives of billions of people and create a more efficient, democratic, and sustainable future.”
Dr. Vandana Shiva from India joins Rabbi Michael Lerner under a banner of Spiritual Progressives to promote Internationally Environmental and Social Responsibility by Corporations and Government Bodies.
Dr. Vandana Shiva, the environmentalist from India who works for seed integrity against international corporations that are seeking control over every inch of the agricultural process, has joined with Rabbi Michael Lerner of Berkely, California, and became the international chair of the Network of Spiritual Progressives.
Rabbi Lerner is promoting ESRA that stands for – the Environmental and Social Responsibility Amendment to the U.S. Constitution – that he and Peter Gabel co-authored and which is being circulated as per salsa.democracyinaction.org/o/525…
The intent of the framers of this Amendment is to:
a. Protect the planet and its inhabitants from environmentally destructive economic arrangements and behavior, and to increase environmental responsibility on the part of all corporations and government bodies.
b. Increase U.S. citizens’ democratic control over American economic and political institutions and ensure that all people, regardless of income, have the same electoral clout and power to shape policies and programs.
c. Promote the well-being of citizens of the United States by recognizing that our well-being depends on the well-being of the planet and all its inhabitants, which in turn requires an end to poverty, wars, and violence, and the rise of a new global ethic of genuine caring and mutual interdependence.
A. The First & Fourteenth Amendment to the U.S. Constitution shall apply only to human beings, and not corporations, limited liability associations, and other artificial entities created by the laws of the United States.
B. Money or other currency shall not be considered a form of speech within the meaning of the First Amendment to the Constitution, and its expenditure is subject to regulation by the Congress and by the legislatures of the several States.
C. Congress shall regulate the amount of money used to disseminate ideas or shape public opinion in any federal election in order to assure that all major points of view regarding issues and candidates receive equal exposure to the greatest extent possible. Congress shall fund all major candidates for the House, Senate and Presidency in all major elections and in primaries for the nomination for president of major parties (those which have obtained at least 5% of the vote in the last election for president).
D. In the three months prior to any election for a federal position, all media or any other means of mass communication reaching more than 300,000 people shall provide equal time to all major presidential candidates to present their views for at least an hour at least once a week, and equal time once every two weeks for congressional candidates during that media agency’s prime time. The candidates shall determine the form and content of that communication. Print media reaching more than 300,000 people shall provide equal space in the news, editorial, or most frequently read section of the newspaper or magazine or blog site or other means of communications which may be developed in the future. During the three months prior to an election, no candidate, no political party, and no organization seeking to influence public policy may buy time in any media or form of mass communication or any other form of mass advertising including on the Internet. Major candidates shall be defined as:
a. those who have at least 5% of support as judged by the average of at least ten independent polling firms, at least two of which are selected by the candidates deemed “not major,” 3 months before any given election,
b. or any candidate who can collect the signatures of 5% of the number of people who voted in the election for that office the last time that office was contested in an election. These petitions can only be signed by people eligible to vote in the relevant electoral districts. Every state shall develop similar provisions aimed at allowing candidates for the governor and state legislatures to be freed from their dependence on wealthy donors or corporations.
A. Every citizen of the United States and every organization chartered by the U.S. or any of its several states shall have a responsibility to promote the ethical, environmental, and social well-being of all life on the planet Earth and on any other planet or in Space with which humans come into contact.
This being so, corporations chartered by the Congress and by the several States shall demonstrate the ethical, environmental, and social impact of their proposed activities at the time they seek permission to operate.
In addition, any corporation with gross receipts in excess of $100 million shall obtain a new corporate charter every five years, and this charter shall be granted only if the corporation can prove a satisfactory history of environmental, social, and ethical responsibility to a grand jury of ordinary citizens chosen at random from the voting rolls of the community in which the primary activities of the corporation take place, or, if there is dispute between stakeholders and the corporation on where those primary activities take place, then in Washington, D.C.
Factors to be considered by the grand jury in determining whether a corporation will be granted a charter shall include but not be limited to:
1. The degree to which the products produced or services provided are beneficial rather than destructive to the planet and its oceans, forests, water supplies, land, and air, and the degree to which its decisions help ensure that the resources of the earth are available to future generations.
2. The degree to which it pays a living wage to all its employees and the employees of any contractors with which it does business either in the US or abroad, and arranges its pay scale such that none of its employees or contractors or members of its board of directors or officers of the corporation earn (in direct and indirect benefits combined) more than ten times the wages of its lowest full-time wage earners; the degree to which it provides equal benefits including health care, child care, retirement pensions, sick pay, and vacation time to all employees; and the degree to which its employees enjoy satisfactory safety and health conditions; and the degree to which it regularly adopts and uses indicators of its productivity and success which include factors regarding human well-being, satisfaction and participation in work, and involvement in community service by its employees and members of its top management and board of directors;
3. The degree to which it supports the needs of the communities in which it operates and in which its employees live, including the degree to which it resists the temptation to move assets or jobs to other locations where it can pay workers less or provide weaker environmental and worker protections.
5. The degree to which it treats its employees, its customers, and the people and communities in which it operates with adequate respect and genuine caring for their well-being, and rewards its employees to the extent that they engage in behaviors that manifest genuine caring, respect, kindness, generosity, and ethical and environmentally sensitive practices.
6. The degree to which its investment decisions enhance and promote the economic, social, and ethical welfare and physical & mental health and well-being of the communities in which its products may be produced, sold, or advertised and/or the communities from which it draws raw materials.
7. When assessing the environmental and social responsibility of banks, stock markets, investment firms and other corporations whose activities include the lending or investing of monies, in addition to the issues 1-6 above, the jury should also consider: the degree to which the financial institutions direct the flow of money to socially and/or envrionmentally useful activities, including non-profits serving the most disadvantaged of the society and including the financing of local business cooperatives and local community banks and to support low-income and middle income housing with affordable mortgages, rather than directing the money to speculators in finance, real estate, or other commercial activities; the degree to which it forgives loans previously given to poverty stricken countries; the degree to which it engages in misleading advertising or hides the costs of its services in small print or engages in aggressive marketing of monies for loans or preys on the most economically vulnerable; the degree to which it offers no-interest loans to those with incomes below the mean average income in the society; and the degree to which it seeks to fund directly socially useful projects and small businesses.
In making these determinations, the jury shall solicit testimony from the corporation’s board of directors, from its employees, and from its stakeholders (those whose lives have been impacted by the operations of the corporation) around the US and around the world. The U.S. government shall supply funds to provide adequate means for the jury to do its investigations, to hire staff to do relevant investigations, and to compensate jurors at a level comparable to the mean average of income in the region in which the deliberations of the jury takes place, or at the level of their current income, whichever is higher.
If the grand jury is not satisfied with the level of environmental, social, and ethical responsibility, it may put the corporation on probation and prescribe specific changes needed. If after three more years the jury is not satisfied that those changes have been adequately implemented, the jury may assign control of the board and officers of the corporation to non-management employees of the corporation and/or to its public stakeholders and/or to another group of potential corporate directors and managers who seem most likely to successfully implement the changes required by the jury, but with the condition that this new board must immediately implement the changes called for by the jury within two years time, or else the jury can reassign control of the corporation to another group of potential board members.
B Any government office or project receiving government funds that seeks to engage ln a contract (with any other corporation or limited liability entity) involving the expenditure of over $100,000 (adjusted annually for inflation) shall require that those who apply to fulfill that contract submit an Environmental and Social Responsibility Impact Report to assess the applicant’s corporate behavior in regard to the factors listed above in point A of Article II. Community stakeholders and non-supervisory employees may also submit their own assessment by filling out the Environment and Social Responsibility Impact Report. Contracts shall be rewarded to the applicant with the best record of environmental and social responsibility that can also satisfactorily fulfill the other terms of the contract.
A. Earth being the natural and sacred home of all its peoples, Congress shall develop legislation to enhance the environmental sustainability of human communities and the planet Earth, and shall present a report annually to the American people on progress made during the previous year in ameliorating any conditions deemed by an independent group of scientists to be adverse to the planet’s long-term environmental welfare. The objectives of such legislation shall include but not be limited to alleviating global warming, reducing all forms of pollution, restoring the ecological balance of the oceans, and assuring the well-being of all forests and animal life. The President of the United States shall have the obligation to enforce such legislation and to develop executive policies to assure the carrying out of its objectives.
B. In order to prepare the people of the United States to live as environmentally and socially responsible citizens of the world, and to recognize that our own well being as citizens of the United States depends upon the well being of everyone else on Earth and the well being of this planet itself, every educational institution receiving federal funds whether directly or through the several states, shall provide education in reading, writing and basic arithmetic, and appropriate instruction including at least one required course for all its students per year per grade level from kindergarten through 12th grade, and in any college receiving funding or financial aid or loan guarantees for its students, in:
1. the skills and capacities necessary to develop a caring society manifesting love, generosity, kindness, caring for each other and for the earth, joy, rational and scientific thinking, non-violence, celebration, thanksgiving, forgiveness, humility, compassion, ethical and ecological sensitivity, appreciation of humanity’s rich multicultural heritage as expressed in literature, art, music, religion, and philosophy, non-violence in action and speech, skills for democratic participation including skills in how to change the opinions of fellow citizens or influence their thinking in ways that are respectful of differences and tolerant of disagreements, and how to organize fellow citizens for non-violent political action and engagement in support of causes not-yet-popular; and in
2. the appropriate scientific, ethical, and behavioral knowledge and skills required to assure the long term environmental sustainability of the planet Earth, and to do so in ways that enhance the well being of everyone on the planet.
Congress shall provide funding for such courses in all the educational institutions receiving public funds or loans or loan guarantees for students, and shall provide funding for similar courses to be made available to the non-student populations in each state.
All such courses must teach caring not only for the people and economic, social and environmental well-being of the people of the United States, but also for the economic, social and environmental well-being of all the people on the planet Earth and the well-being of the planet as well!
The measurement of student progress in the areas covered by sections 1 and 2 being, like artistic and musical skills, difficult or impossible to measure by quantitative criteria, educational institutions supported directly or indirectly by public funds shall develop subtle and appropriate qualitative ways of evaluating adequate progress on the part of students in the areas specified, ways that contribute to and not detract from students’ ability to love learning and to enhance their capacities to cooperate rather than compete with their fellow students in the process of intellectual and emotional growth. Teachers shall be funded to learn the skills described in points A and B and the methods of evaluation appropriate to this kind of values-oriented subject matter.
A. Any corporation which moves or seeks to move its assets outside the U.S. must submit an Environmental and Social Impact report to a grand jury of ordinary citizens, and the jury shall similarly receive testimony from other stakeholders and the employees of the corporation in question to determine the impact of the moving of those assets outside the U.S. The jury shall then determine what part of those assets, up to and including all of the assets of the corporation, shall be held in the U.S. to compensate those made unemployed or otherwise disadvantaged by the corporate move of its resources elsewhere, and or to pay for other forms of environmental or social destruction of the resources or the well-being of the United States or its citizens. Conspiracy to evade this provision shall be a crime punishable by no less than twenty years in prison for all members of the board of such a corporation.
2. Any part of the Constitution or the laws of the U.S., or any of its states, deemed by a court to be in conflict with any part of this ESRA Amendment shall be null and void. Any trade arrangements, treaties, or other international agreements entered into by the United States, its citizens, or its several states, deemed by a court to be in conflict with the provisions or intent of this Amendment are hereby declared null and void.
3. Congress shall take action to provide adequate funding for all parts of this amendment and implementing legislation that seeks to fulfill the intent as stated above.
Please circulate and seek endorsements by your local city council, religious, civic and professional organizations, political parties, and your State Legislature and U.S. Congressional and Senatorial representatives.
And please sign this yourself: by going to
by Emily Harris on an nPR blog
A man surfs the Internet on a tablet attached to a solar tree in Israel. This tree’s broad “leaves” are solar panels, powering electric and USB outlets, a drinking fountain and Wi-Fi, all available to people passing by.
A man surfs the Internet on a tablet attached to a solar tree in Israel. This tree’s broad “leaves” are solar panels, powering electric and USB outlets, a drinking fountain and Wi-Fi, all available to people passing by.
There are plenty of real trees in Ramat HaNadiv. Oaks, pine and willow line the trails that circle through this nature park near Mount Carmel in northern Israel.
And planted in the gravel at the edge of one clearing is a new species, the solar powered tree.
Biologically speaking, of course, all trees are powered by the sun. But this is different.
Its brown metal trunk and branches reach high toward the sky, like the acacia tree this model is named after. Its seven broad “leaves” are standard solar panels. They shade benches below, as well as power electric and USB outlets, chill drinking fountain water and supply energy for wi-fi.
Inventor Michael Lasry says it’s a new way of bringing solar power to people.
“We’re used to seeing big companies working on large scale systems,” he says. “Now we see solar energy becoming accessible to each one of us on the street.”
The tree was formally unveiled Thursday, although it and a smaller, two-panel model were installed in the park several weeks ago. Guests invited to the ribbon cutting ceremony loved it.
“People come with computers to coffee shops,” said Gideon Inbar, a retired Israeli-American. “They can come here.”
“It’s wonderful,” said Xia Wang, from China, who attended the unveiling. “Many functions. And it’s also very green energy.”
Wang’s company, Mode PV-Tech, made the panels. The Israeli company that dreamed up the tree, Sologic, is targeting cities in China and France for first sales, says Claude Brightman, a Sologic publicist. Her pitch aims at the future.
“The new cities of tomorrow, the smart cities … this will be the icon of the city who has made such a choice,” she says.
One Acacia model solar tree costs about $100,000. Brightman calls it a combination of art, convenience, green energy and community — all frequent aims of urban design, she says.
A small solar-powered tree, invented by Israeli energy entrepreneur Michael Lasry, stands at the edge of natural greenery.
A seven-panel tree can generate a maximum of 1.4 kilowatts, enough to run 35 laptops. A battery stores excess power, lighting the area at night using LEDs and providing backup power on cloudy days.
One Israeli politician speaking at the unveiling ceremony suggested fields of solar trees might be nicer than the fields of industrial solar panels that have sprung up on rooftops and in deserts. Eli Barnea, an investor in Israel’s largest private power company, agrees they are prettier. But he says the solar tree has its limits.
“It’s an excellent idea for young people away from home, they go to the park, they play and want to charge their phone or do other things. That’s fine.”
But to use solar trees for serious power generation, he says would be difficult.
“It will be expensive. When you don’t look at it as a means of energy production, but like another item in a park, I think it will catch on worldwide.”
Sologic CEO Lasky doesn’t want to plug the trees in to the grid anyway. He says keeping them self-sustaining is part of the point.
“Showing that OK, we’re in the middle of the desert and we’re able to create everything we need just from the solar system,” he says.
Future solar tree models are planned to include technology to condense water from the air, as well as touch screens to display information or give internet access.
And cameras, says Lasry, to connect people under a solar tree in one part of the world with people under another solar tree in another place.
“That’s the idea, to bring the community closer. All the trees around the world will be able to communicate,” he says.