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Monday, Dec 23rd

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A North Carolina town is suing utility Duke Energy over climate change

Duke Energy sued by NC town

The small town of Carrboro, North Carolina is suing one of the country's largest electric utilities, Duke Energy, over climate change.

While states and cities have filed lawsuits against big oil companies, suing utilities is less common. The arguments are similar though. Carrboro alleges Duke knew about climate change for over 50 years but continued to operate coal and gas power plants that spewed greenhouse gases. The lawsuit also says Duke participated in campaigns to confuse the public about whether climate change was real to avoid stricter regulations.

Duke Energy is the third largest source of carbon dioxide in the country, according to an analysis from the University of Massachusetts Amherst. That puts it well ahead of ExxonMobil and Koch Industries. The utility has six coal-fired power plants in North Carolina.

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Trump picks oil and gas industry CEO Chris Wright as next energy secretary

Chris Wright

Donald Trump said on Saturday that Chris Wright, an oil and gas industry executive and a staunch defender of fossil fuel use, would be his pick to lead the US Department of Energy.

Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver, Colorado. He is expected to support Trump’s plan to maximize production of oil and gas and to seek ways to boost generation of electricity, demand for which is rising for the first time in decades.

He is also likely to share Trump’s opposition to global cooperation on fighting climate change. Wright has called climate change activists alarmist and has likened efforts by Democrats to combat global warming to Soviet-style communism.

“There is no climate crisis, and we’re not in the midst of an energy transition, either,” Wright said in a video posted to his LinkedIn profile last year.

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Exxon’s chief has a warning for Republicans

Darren Woods, CEO of ExxonExxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers.

In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve as a moderating influence in Washington, even as Republicans seek to dismantle Biden-era climate policies. The future of the Inflation Reduction Act and other clean-energy programs is one of the most important questions hanging over the incoming administration.

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Israeli boots ‘ready to hit the ground’ in Lebanon

IDF ready to put boots on the ground in Lebanon

Israel is preparing to put boots on the ground with an invasion of Lebanon, its army chief has said.

Israel Defense Forces (IDF) jets have carried out heavy bombardments of Hezbollah targets to pave the way for “your boots” to “enter enemy territory”, Lt Gen Herzi Halevi told troops on Wednesday.

It came as the Israeli army called up two brigades of reservists, around 4,000 soldiers, for operations on the northern border.

Gen Halevi, speaking during a visit to the border, said: “You hear the jets overhead; we have been striking all day. This is both to prepare the ground for your possible entry and to continue degrading Hezbollah.”

“The sense is that your military boots, your manoeuvre boots, will enter enemy territory,” he said.

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‘Smoking gun proof’: fossil fuel industry knew of climate danger as early as 1954, documents show

Fossil fuel industry knew of dangersThe fossil fuel industry funded some of the world’s most foundational climate science as early as 1954, newly unearthed documents have shown, including the early research of Charles Keeling, famous for the so-called “Keeling curve” that has charted the upward march of the Earth’s carbon dioxide levels.

A coalition of oil and car manufacturing interests provided $13,814 (about $158,000 in today’s money) in December 1954 to fund Keeling’s earliest work in measuring CO2 levels across the western US, the documents reveal.

Keeling would go on to establish the continuous measurement of global CO2 at the Mauna Loa Observatory in Hawaii. This “Keeling curve” has tracked the steady increase of the atmospheric carbon that drives the climate crisis and has been hailed as one of the most important scientific works of modern times.

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Drone strikes knock out half of Saudi oil capacity, 5 million barrels a day

Saudis shut down half of oil output after attackDrone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity, or 5% of the daily global oil supply, people with knowledge of Saudi's oil operations told CNN Business.
Yemen's Houthi rebels on Saturday took responsibility for the attacks, saying 10 drones targeted state-owned Saudi Aramco oil facilities in Abqaiq and Khurais, according to the Houthi-run Al-Masirah news agency.
Five million barrels per day of crude production have been impacted after fires raged at the sites, one of them the world's largest oil production facility, people with knowledge of the kingdom's operations said. The latest OPEC figures from August 2019 put the total Saudi production at 9.8 million barrels per day.

Wholesale energy prices dip below zero because of California’s solar power

Solar power in CaliforniaSolar power shines bright in California, and wholesale energy prices prove it. Last winter and early spring’s dependence on solar drove wholesale energy prices to negative prices, according to the U.S. Energy Information Administration.

Solar power in the California Independent System Operator accounted for nearly 40% of net grid power for three hours on March 11, 2017, the administration reports —a major first.

These figures don’t translate for the consumer into retail prices, which are based on averages. But the move will likely cause energy companies to pay more attention to green energy options.

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