Today's Climate: November 14, 2008
by Stacy Feldman - Nov 14th, 2008
EPA Appeals Board Strikes Down Construction of New Coal-Fired Power Plant (The Wonk Room)
In a landmark action, the US EPA's final decision-making board has ruled that all new and proposed coal-fired power plants must have their CO2 emissions regulated.
Climate Change May Carry Huge Price Tag for California (Los Angeles Times)
About $2.5 trillion of real estate assets in California are at risk from extreme weather events, sea level rise and wildfires, with a projected annual price tag of between $300 million and $3.9 billion, according to a new report.
Hey, Auto Industry, Need a Jump? Utilities Consider Buying Electric Cars (Wall Street Journal)
Top executives at several utilities are mulling the possibility of ordering thousands of plug-in electric cars as an expression of support for the technology they fear could be derailed by the auto industry's financial traumas.
Renewable Energy May End Up Scarred, but Stronger (AP)
The renewable energy sector has run smack into a credit crisis, probably a recession as well. Yet many believe it could emerge from the economic turmoil stronger.
Auto Industry Rescue Plan May Include Oversight 'Czar' (Washington Post)
Top advisers to President-elect Obama are helping to draft an auto industry rescue plan that would bring new government oversight, including the possibility of an auto czar who could ensure the money was being used wisely.
Xstrata, J-Power Start Work on World's First Low-Emissions Plant (Bloomberg)
Xstrata Plc and Japan's Electric Power Development Co. started building a $137 million project in Australia that will be the first in the world to use a low-emissions coal-fired generating technology.
U.N. Reports Pollution Threat in Asia (New York Times)
A noxious cocktail of soot, smog and toxic chemicals is blotting out the sun, fouling the lungs of millions of people and altering weather patterns in large parts of Asia, according to a new report by the UN.
Sarkozy to Attend Climate Meeting in Poland (AP)
French President Nicolas Sarkozy will meet leaders of nine central European states on Dec. 6 to discuss their concerns about an EU timetable for slashing CO2 emissions, Poland's leader has said.
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