Thursday, November 3, 2016

GLOBAL EMISSIONS MUST BE CUT 25% MORE THAN PLANNED TO AVOID "DANGEROUS" CLIMATE CHANGE: UN


Clean/renewable energy investment not enough to meet climate targets: report.

White House announced plan for 48 national EV charging networks in 35 states. To cover 25K miles.

US auto fuel economy hit record high: EPA.

Building sector power demand to double by '50: Climate Action Tracker. ~20% of total emissions now.

Carbon capture/sequestration would cost 2x global annual GDP.

Canada govt to be 100% clean/ren powered by '25.

Drought increasing in southeast US.

Storm surges eroding Brazil coastline.

Farmers' unchecked crop burning fueling India's air pollution.

Mercedes launching US battery comp.

Solar City (SCTY) revs could hit $1B next year: Tesla.

BLM sold 14 geothermal power leases in Nevada, 4 in Utah.

Colonial Pipeline (recent explosion) has reported 183 problems since '05: Feds.

EVs not "upending" oil market: IEA chief. IEA also reported clean/ren power capacity growing faster than expected.

OPEC record production 33.8Mb/d in Oct.

Nigeria oil production up to 2.1Mb/d. But another pipeline attack in last few days.

Iraq pumped 50Kb/d more in Oct.

Russia hit another oil production record last month.

US oil production expected to be down 800Kb/d this year from last. Bankrupt US drillers still pumping ~1Mb/d.

UK held its 1st offshore oil/gas bidding round in 20 years.

Shell exec: peak oil demand may happen in '21.

Kurds report selling over 900Kb/d for ~$1B/month.

Libya needs ~$2.5B to boost production to 800Kb/d.

Rosneft, BP JV to explore oil/gas in Siberia.

33 coal miners dead in China from blast.

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