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'Social Cost of Carbon' Draws Coal, Oil Industry Lobbying

2013-08-06 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: A once-obscure metric of carbon emissions toll is becoming the talk of K Street or at least a corner of it. Two oil companies and big coal producer have begun lobbying on the social cost of carbon, signaling increased interest and concern over how regulators calculate the benefits of avoided pollution. Second-quarter lobbying filings show that coal giant Peabody Energy, oil-and-gas producer Marathon Oil Corp. and refiner Tesoro Corp. all list the topic among their lobbying issues. Their filings...

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The rise and rise of American carbon

2013-08-05 13:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: You've probably heard that US carbon emissions have been falling. According to President Obama and energy commentators the world over, fracked shale gas has displaced dirty coal, in much the same way that fossil fuels undercut whale oil a century earlier. Out with environmentally unfriendly old technologies and in with cleaner and more efficient new ones. Everyone wins including the climate, thanks to the fact that gas produces only around half as much CO2 as coal does for each unit of power or...

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Vital $20K Eco Serendib Beach Restoration Project To Protect St. John Coast Expands; Program Combats Erosion & Reduces Carbon Footprint In The US Virgin Islands

2013-08-05 04:30:24| pollutiononline News Articles

Eco Serendib Villaand Spa, an eco-friendly, luxury retreat on St. John, has granted more than $15,000 in additional funding toFriends of the Virgin Islands National Park, a non-profit dedicated to the preservation and protection of the national park, for the continuation of the Eco Serendib Beach Restoration Project

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Alabama Nuclear plant releases carbon dioxide; no damage, injuries

2013-08-04 02:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A carbon dioxide spray used as a flame retardant was inadvertently released and an alert declared at a nuclear power plant in southern Alabama early on Saturday, plant owner Alabama Power Company said, adding there were no signs of fire or damage and no injuries or health threats. The Joseph M. Farley Nuclear Plant operates a two-unit electric-generating plant near Dothan, Alabama, about 200 miles south of Birmingham. The gas was released during maintenance in Unit 1, but both units operated at...

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This gamble on carbon and the climate could trigger a new financial crisis

2013-08-02 18:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: If you want to see market irrationality in action, look no further than current stock market valuations for the world's major oil, gas and coal companies. At a time when governments are supposedly preparing for a global climate change deal that will cut carbon emissions, energy multinationals are investing in carbon assets like there's no tomorrow. Put bluntly, either we're heading for a climate catastrophe, or the carbon asset bubble will go the way of sub-prime mortgage stock. Yesterday's...

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