Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Climate

AM Briefing: 2035 or Bust

On decarbonizing the EU grid, oil prices, and contrails

AM Briefing: 2035 or Bust
Heatmap Illustration/Getty Images

Current conditions: A volcano on Iceland's Reykjanes peninsula has finally started to erupt • At least 120 people were killed in an earthquake in China • Meteorologists say Americans on the East Coast hoping for snow in January should keep “expectations in check.”

THE TOP FIVE

1. Some EU countries pledge to decarbonize power systems by 2035

A handful of countries within the European Union have pledged to decarbonize their power systems by 2035. The group includes France and Germany, the two biggest power producers in Europe. They’re joined in the commitment by the Netherlands, Austria, Belgium, Luxembourg, and Switzerland, which is not in the EU but is aligned with the bloc’s climate policies. Current EU emissions goals aim for decarbonization by 2040, but this group believes they can move more quickly, and by working together they hope to streamline infrastructure installation and grid connectivity. “Cutting carbon from the electricity grid is seen as a crucial first step to removing emissions from the wider energy system,” Bloomberg Green explains.

2. Houthi attacks on ships send oil prices higher

The price of oil shot up yesterday on growing concerns about tankers being attacked by Houthi rebels in the Red Sea. BP paused shipments through the channel, joining shipping giants including AP Moller-Maersk, MSC, and Hapag-Lloyd. The Red Sea offers a quick route from Asia to Europe, making it one of the world’s busiest shipping channels. It handles about 15% of global shipping, or 20,000 vessels each year, reports The Times of London. Since the beginning of the war between Israel and Hamas, Iran-backed Houthi rebels based in Yemen have been attacking ships with links to Israel. Lately the attacks have expanded to include ships with no Israeli ties. On Monday a Norwegian-owned vessel was attacked. The price of brent crude jumped by as much as 3% on the BP news, but “ample oil supply limited price gains,” says Reuters.

Get Heatmap AM directly in your inbox:

* indicates required
  • 3. House Democrats sound alarm about major owner of oil and gas wells

    Democrats in the House of Representatives have launched an inquiry into the company that owns the most oil and gas wells in the U.S., saying its business model poses a massive climate risk. Diversified Energy Co. owns about 65,000 oil and gas wells, Bloomberg reports. It buys old and unproductive wells and tries to keep them on life support. Members of the House Energy and Commerce Committee worry Diversified could suddenly decide to abandon the wells, leaving state governments with a hefty bill for cleanup and raising the risk of massive methane leaks. Methane is an extremely potent greenhouse gas, and already Diversified was the fourth-largest methane emitter among oil and gas producers last year, according to the EPA. “Diversified Energy’s strategy of leaving thousands of marginal wells unplugged for decades and potentially underestimating future cleanup costs could undermine important efforts to fight climate change,” committee members wrote in a letter.

    4. Airlines team up with researchers to reduce planet-warming contrails

    Major airlines are looking for ways to reduce the warming effect of the contrails produced by planes. Contrails are the clouds that build up in the sky behind jets as their engines spew hot air and soot into the atmosphere. The U.N. Intergovernmental Panel on Climate Change (IPCC) posits that contrails could have a bigger warming effect than burning jet fuel, because contrails reflect heat back toward the ground. “It’s a big contributor and we need to worry about it,” MIT researcher Florian Allroggen tells The Washington Post. Airlines including Delta, KLM, and American are working with researchers to identify and test ways to eliminate contrails, which might mean flying at higher or lower altitudes to avoid routes with the coldest, wettest air. One recent study found that rerouting 1.7% of flights could cut contrail warming by 59%.

    5. Kentucky is getting a massive solar farm next year

    Construction has begun on what will eventually be Kentucky’s largest solar farm. The project, called Unbridled, is scheduled to come online in 2024. It will be able to power 120,000 homes with clean energy every year, and will provide around $42 million in direct economic impact over the first 20 years of operation, Electrek’s Michelle Lewis reports. “This 160 MW solar farm is a milestone for Kentucky, the fifth-largest coal-producing state in the U.S.” Lewis says. “Coal is at a point of no return, and renewables will provide clean electricity and substantial economic benefits. It’s encouraging that Kentucky is starting to embrace renewables.”

    THE KICKER

    Meta CEO Mark Zuckerberg is reportedly building a $270 million compound in Hawaii that will have its own food and energy supplies, and a 5,000-square-foot underground bunker.

    Yellow

    You’re out of free articles.

    Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
    To continue reading
    Create a free account or sign in to unlock more free articles.
    or
    Please enter an email address
    By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
    Energy

    The EPA’s Backdoor Move to Hobble the Carbon Capture Industry

    Why killing a government climate database could essentially gut a tax credit

    Lee Zeldin.
    Heatmap Illustration/Getty Images

    The Trump administration’s bid to end an Environmental Protection Agency program may essentially block any company — even an oil firm — from accessing federal subsidies for capturing carbon or producing hydrogen fuel.

    On Friday, the Environmental Protection Agency proposed that it would stop collecting and publishing greenhouse gas emissions data from thousands of refineries, power plants, and factories across the country.

    Keep reading...Show less
    Blue
    Adaptation

    The ‘Buffer’ That Can Protect a Town from Wildfires

    Paradise, California, is snatching up high-risk properties to create a defensive perimeter and prevent the town from burning again.

    Homes as a wildfire buffer.
    Heatmap Illustration/Getty Images

    The 2018 Camp Fire was the deadliest wildfire in California’s history, wiping out 90% of the structures in the mountain town of Paradise and killing at least 85 people in a matter of hours. Investigations afterward found that Paradise’s town planners had ignored warnings of the fire risk to its residents and forgone common-sense preparations that would have saved lives. In the years since, the Camp Fire has consequently become a cautionary tale for similar communities in high-risk wildfire areas — places like Chinese Camp, a small historic landmark in the Sierra Nevada foothills that dramatically burned to the ground last week as part of the nearly 14,000-acre TCU September Lightning Complex.

    More recently, Paradise has also become a model for how a town can rebuild wisely after a wildfire. At least some of that is due to the work of Dan Efseaff, the director of the Paradise Recreation and Park District, who has launched a program to identify and acquire some of the highest-risk, hardest-to-access properties in the Camp Fire burn scar. Though he has a limited total operating budget of around $5.5 million and relies heavily on the charity of local property owners (he’s currently in the process of applying for a $15 million grant with a $5 million match for the program) Efseaff has nevertheless managed to build the beginning of a defensible buffer of managed parkland around Paradise that could potentially buy the town time in the case of a future wildfire.

    Keep reading...Show less
    Spotlight

    How the Tax Bill Is Empowering Anti-Renewables Activists

    A war of attrition is now turning in opponents’ favor.

    Massachusetts and solar panels.
    Heatmap Illustration/Library of Congress, Getty Images

    A solar developer’s defeat in Massachusetts last week reveals just how much stronger project opponents are on the battlefield after the de facto repeal of the Inflation Reduction Act.

    Last week, solar developer PureSky pulled five projects under development around the western Massachusetts town of Shutesbury. PureSky’s facilities had been in the works for years and would together represent what the developer has claimed would be one of the state’s largest solar projects thus far. In a statement, the company laid blame on “broader policy and regulatory headwinds,” including the state’s existing renewables incentives not keeping pace with rising costs and “federal policy updates,” which PureSky said were “making it harder to finance projects like those proposed near Shutesbury.”

    Keep reading...Show less
    Yellow