General
Break in US-Venezuela relations raises fresh concerns for oil market and OPEC Tom DiChristopher , CNBC
A sudden escalation in long-burning tensions between the United States and Venezuela could have far-reaching ramifications in the oil market, where the Bolivarian Republic remains a significant player despite its plunging output.
Democrats Probe Trump ‘Favoritism’ of Oil Industry in Shutdown Jennifer A Dlouhy, Bloomberg
Lawmakers are intensifying their scrutiny of the Interior Department’s decision to keep churning out drilling permits and restart work on offshore oil leasing despite the government shutdown. At best the activity represents unfair favoritism for the oil industry, Democrats argued Wednesday, and at worst it’s a violation of federal laws that generally bar agencies from spending money they don’t have except in emergencies.
Ocasio-Cortez invokes Bible in response to White House on climate change Owen Daugherty, The Hill
Rep. Alexandria Ocasio-Cortez (D-N.Y) on Wednesday responded to White House press secretary Sarah Huckabee Sanders telling her to leave climate change up to a “much higher authority” by invoking the Bible. While not quoting specific verses, the freshman lawmaker invoked scripture in defense of her impassioned pleas to address climate change.
Greens want 2020 Democrats to go beyond vague ‘Green New Deal’ support Josh Siegel, Washington Examiner
Progressives and environmentalists hoping to push climate change to the top of the 2020 agenda are pressuring Democratic candidates not to settle for platitudes about a “Green New Deal,” and instead propose specific plans for eliminating carbon emissions.
Hill Task Force on Contaminating Chemicals Seeks Cleanup ‘Focus’ Tiffany Stecker and Sylvia Carignan, Bloomberg Environment
A bipartisan group of House lawmakers wants to raise the profile of cleaning up pervasive chemicals in U.S. water supplies. Reps. Dan Kildee (D-Mich.), and Brian Fitzpatrick (R-Pa.) will unveil a task force Jan. 23 to address perfluoroalkyl and polyfluoroalkyl substances, also known as PFAS.
Oil Slides as Economic and Supply Fears Offset Venezuela Risk Grant Smith, Bloomberg
Oil fell as a darkening outlook for the global economy offset the risk of American sanctions on OPEC member Venezuela’s crude.
Oil and Natural Gas
Total’s CEO names his top risk for oil markets — and it’s not what you think Holly Ellyatt, CNBC
Global oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S. shale oil output. But it’s not supply, demand, sanctions on Iran’s oil industry or political upheaval in oil producer Venezuela that the chief executive of Total is worried about.
Broomfield Activists Sue Colorado Over ‘Forced Pooling’ Of Oil And Gas Rights Grace Hood, Colorado Public Radio
A group of Broomfield homeowners sued the state of Colorado Thursday to stop a practice that allows companies to force mineral rights owners into contracts to extract oil and gas from their properties.
Water Is Almost as Precious as Oil in the Permian Basin David Wethe, Bloomberg
Toby Darden stomped on the ATV’s gas pedal, carving through blustery winds to reach the far northern corner of his 37,000-acre West Texas ranch. He wanted to show off the crown jewel.
Utilities and Infrastructure
PG&E May Be Selling California Assets Nobody Wants in 20 Years David R Baker, Bloomberg
On paper, PG&E Corp.’s natural gas network looks like it could fetch a nice price as the company prepares to file for bankruptcy: The system has 4.3 million customers and generates $4 billion in annual revenue.
Power plants may shut down if court rolls back reg changes Sean Reilly, E&E News
Utilities and other power producers say they may have to halt operations at coal-fired plants around the country if a court rolls back a Trump administration extension to the deadline for closing some coal ash dumps.
Officials Worry Con Ed Moratorium On New Gas Lines Puts Chill On Development CBS New York
Con Edison has put a moratorium on new gas lines, a move some say is stifling growth amid a building boom in Westchester County.
Renewables
Pritzker calls for more renewable energy, expert warns of consumer costs Illinois News Network
Gov. J.B. Pritzker signed an executive order Wednesday to join the U.S. Climate Alliance to get all of the state’s energy from renewable sources by 2050, but a critic said the plan will lead to higher utility prices for consumers rather than reversing climate change.
The Solar Revolution Is Coming—But Not to Everyone David Grossman, Popular Mechanics
While the United States has seen substantive growth in homes using photovoltaic (PV) solar energy over the last several years, this growth has been uneven. According to a new study from Tufts, fewer African-American and Hispanic neighborhoods are gaining the benefits of solar power, even when controlling for home ownership and income level.
Whales Will Get Right of Way at Huge Martha’s Vineyard Wind Farm Chris Martin, Bloomberg
Migrating whales will have the right of way off the coast of Martha’s Vineyard starting this month under a new agreement between a wind developer and environmental groups.
Coal
Energy Department to Invest $38 Million in Updating Coal Plants Rebecca Kern, Bloomberg Environment
Existing coal plants could boost their energy efficiency and responsiveness to electricity demands with the help of $38 million in new Energy Department funding, the government said.
There’s Still One Hot Spot for U.S. Coal: Pizza Ovens Joe Ryan, Bloomberg
America’s love of pizza is helping keep the beleaguered coal industry afloat. Blaschak Coal Corp., a closely held Pennsylvania miner, reported its best-ever sales in 2018, thanks to demand from steelmakers, home heating — and coal-fired pizza restaurants.
Nuclear
PSEG: Without subsidies, 3 Salem County nuclear plants will close Avalon Zoppo, Press of Atlantic City
Without financial help from ratepayers, Public Service Enterprise Group says it will have to begin shuttering its three nuclear plants in South Jersey by 2022.
Feds agree to delay relicensing New Hampshire’s Seabrook nuclear power plant Mary C. Serreze, The Republican
The Nuclear Regulatory Commission on Wednesday agreed to temporarily delay issuing a new operating license for Seabrook Nuclear Power Station, a massive 1,244-megawatt generator owned by NextEra. In a notice, the NRC said it would delay relicensing the coastal New Hampshire plant through 2050 until the commission meets with the public.
Climate
Monetizing climate change Amy Harder, Axios
The storylines dominating climate change news are usually doom and gloom, but corporate America sees some new ways to integrate a warmer world into its business models.
Apple just dismissed more than 200 employees from Project Titan, its autonomous vehicle group Lora Kolodny and Christina Farr, CNBC
Apple dismissed just over 200 employees this week from Project Titan, its stealthy autonomous vehicle group, people familiar with the matter told CNBC. An Apple spokesperson acknowledged the lay-offs and said the company still sees opportunity in the space:
So Uber Wants Self-driving Bikes and Scooters. Why? And How? Alex Davies and Aarian Marshall, Wired
REALLY, IT WAS only a matter of time before somebody thought to combine today’s hottest transportation trends: shared electric scooters and autonomous driving. Over the weekend, Uber reportedly unveiled a micromobility robotics division at a robotics meetup in the Bay Area. Though the company declined to confirm or comment on the new addition, the division will reportedly explore how to make the scooters and shared bikes it’s now deploying alongside its cars capable of riding themselves.
Airbus’s Flying Taxi Is Poised for Takeoff Within Weeks Christopher Jasper, Bloomberg
Airbus SE’s prototype flying taxi will take to the skies in coming weeks after powering up for the first time toward the end of last year.
Opinions, Editorials and Perspectives
Actually, the United States already has a carbon tax Cary Coglianese and Mark Nevitt, The Washington Post
Americans would be outraged if the federal income tax system operated like a reverse lottery — with the IRS randomly seizing only a subset of the population’s property and forcing others to lose their homes, while the rest of us escaped from paying anything. And yet, that is how the nation deals with the costs of climate change.
Research Reports
Climate, conflict and forced migration Guy J. Abel et al., Elsevier Ltd.’s Global Environmental Change
Our results indicate that climatic conditions, by affecting drought severity and the likelihood of armed conflict, played a significant role as an explanatory factor for asylum seeking in the period 2011–2015. The effect of climate on conflict occurrence is particularly relevant for countries in Western Asia in the period 2010–2012 during when many countries were undergoing political transformation.
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