February, 2017

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Global suppliers achieve significant emissions reduction

Edouard Stenger

More good news showing progress on climate change as suppliers around the world are cutting their carbon emissions significantly. To a new report by the Carbon Disclosure Project (CDP) , The Carbon Trust and BSR , the suppliers of 89 large multinationals have cut their emissions by 434 million tonnes of carbon dioxide last year alone. This is more than the annual emissions of my home country, France.

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No 3rd Runway at Vienna Airport Because Adverse Climate Impacts Outweigh Short-term Economic Benefits: Austrian Court (Updated)

Law Columbia

by Justin Gundlach. (Updated on June 29, 2017). Plans for a third runway at the Vienna-Schwechat airport (pictured at right) were first submitted for review by the government of Lower Austria (one of Austria’s 9 regions) in March 2007. This week, the Lower Austrian government’s approval of those plans was struck down by Austria’s Federal Administrative Court ( Bundesverwaltungsgericht ) on the grounds that authorizing the runway would do more harm to the public interest than good, primarily beca

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Highlights of the ACI Admiralty and Maritime Claims and Litigation Conference in Miami

The Energy Law Blog

Last week I had the pleasure of co-hosting the ACI Admiralty and Maritime Claims and Litigation conference with my friend and colleague Chris Nolan from Holland & Knight. Here are a few highlights from the conference: Gard’s Frank Gonynor provided a great overview of the history and continued relevance of the Shipowner’s Limitation of Liability Act.

Law 52
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Desalination and Alternative Water Supply and Efficiency

Vermont Law

President John. F. Kennedy once. said. , “If we could produce freshwater from saltwater at a low cost, that would indeed be a great service to humanity, and would dwarf any other scientific accomplishment.” However hopeful President Kennedy’s words were, he was referring to basic groundwater desalination projects, and not the centralized, large-scale projects of seawater desalination that are proposed near coastal U.S. cities. today.

Ocean 40
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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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Two potential solutions to cool down the Arctic

Edouard Stenger

As the Arctic is 30 degrees Celsius (50 F) warmer than what it should be right now, finding local solutions to cool down the poles suddenly doesn’t seem this far-fetched anymore. . Years ago I read a short article on how bringing more ice to the poles could help slow down climate change. A Professor of applied physics from Harvard, David Keith, was proposing a rather extreme approach to the problem.

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Global coal and oil use to peak in 2020

Edouard Stenger

That’s it ! Renewable energy sources and electric vehicles are progressing so fast around the world that according to a new study coal and oil use could peak worldwide in as little as three years. Yes, you read that right. We knew that global greenhouse gases emission from energy had been peaking for the past three years – largely thanks to China – but now, here is another series of nails in the coffins of coal and oil.

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Derivatives: Non-Cleared Swaps Variation Margin Update – Limited Relaxed Enforcement by the CFTC, Prudential Regulators and European Supervisory Authorities

The Energy Law Blog

Recently, the U.S. Commodity Futures Trading Commission (“ CFTC ”), the U.S. Prudential Regulators [1] and the European Supervisory Authorities (“ ESAs ”) [2] have offered limited relief from or guidance for relaxed enforcement of variation margin requirements for non-cleared swaps that take effect March 1, 2017. This news follows reports that, despite all efforts, market participants are facing continued legal and operational challenges in implementing the requisite steps for timely compliance

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New Sabin Center Report Finds NYISO Could Price Carbon in Wholesale Electricity Markets

Law Columbia

by Romany Webb and Justin Gundlach. There has been much talk in recent weeks about pricing carbon to reduce greenhouse gas emissions. Earlier this month, a group of former Republican cabinet members proposed adoption of a nationwide carbon price, starting at $40 per ton. That seems unlikely, however. Even the proposal’s main architect, former Secretary of State James Baker, acknowledged that he faces an “uphill slog” in convincing the federal government to act.