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Daily Briefing |

TODAY'S CLIMATE AND ENERGY HEADLINES

Briefing date 11.12.2014
John Kerry: climate change is now a security issue

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Climate and energy news.

Watch: Climate change explained in 60 second animation
The Telegraph Read Article

Experts have published a short guide to climate science to
help people challenge claims about global warming made by the
“ill-informed pub bore or the family know-it-all”. Climate
scientists at the Royal Society have produced a 60-second animation
and short Q&A guide that address some of the most common claims
made by people who dismiss the scientific basis of climate change.
You can find the guide here.

Oil price falls below $65 for first time in 5 years
The Financial Times Read Article

The price of a barrel of oil has continued to fall, slipping
below $65 for the first time in five years, the Financial Times
reports. There is a “looming supply glut” in the international oil
market, the paper warns. Shares in large oil companies fell when
the news was announced. Writing for Reuters, analyst John Kemp considers the
effect the falling oil price could have on the US shale gas
industry, in a detailed piece. While many of the shale plays will
remain profitable, “drilling on the frontier of the shale
revolution, where costs are relatively high and the quality of the
shale is variable and often poorly understood, is highly sensitive
to prices”, he warns.

Lima: Ed Davey calls for transparency on 'risky' fossil fuel investments
The Financial Times Read Article

The UK’s energy and climate change secretary Ed Davey has
called for tougher reporting rules for companies investing in
“risky” fossil fuel assets which could fall in value if climate
legislation is implemented in the future. Speaking at a side event
to the Lima climate change conference, Mr Davey said there was a
case for making it mandatory for companies to disclose information
about the risks they face. The Guardianalso reports the
story. In other news from Lima, environmental group
Greenpeace
has apologisedafter carrying out a
protest on a sensitive Peruvian archaeological site. And Japan is
under pressure from other big economies such as China to set fresh
emissions targets as its coal use rises, says
Reuters.

Business calls for greater say in climate talks
The Financial Times Read Article

The US Council for International Business, a business lobby
group with over 6 million members, has said that businesses need to
have a bigger role in the international climate negotiations.
Businesses should be “co-parties” in the talks, not just observers,
it argues. At the moment only government delegates can formally
participate in the talks, the FT notes.

BP expects $1bn job cuts charge
The Financial Times Read Article

BP is expected to spend the best part of $1bn dollars on
redundancy payments to staff who will lose their jobs as part of a
sweeping restructuring at the company. The company is responding to
the falling price of crude oil, the Financial Times says.

Global group of Catholic bishops call for end to fossil fuels
BBC News Read Article

A group of Catholic bishops argue that nations should aim to
keep the rise in global temperatures below 1.5 degrees celsius, as
governments meet at UN climate talks in Lima. Limiting warming to
this level will be necessary “in order to protect frontline
communities suffering from the impacts of climate change, such as
those in the Pacific Islands and in the coastal regions”, their
statement says.

Japan weather bureau declares first El Nino in five years
Yuka Obayashi Read Article

Reuters reports: “Japan’s weather bureau said on Wednesday
that an El Nino weather pattern, which can trigger drought in some
parts of the world while causing flooding in others, had emerged
during the summer for the first time in five years and was likely
to continue into winter.”

Green Climate Fund to back energy 'paradigm shift'
Reuters Read Article

The Green Climate Fund will seek to invest in energy projects
that exemplify a “shift away from business as usual”, Reuters
reports. The comments made by its executive director come in the
wake of request from campaigners for the Fund to make explicit that
it will not provide funding to fossil fuel projects.

Government green lights wave of three North Sea offshore wind farms
BusinessGreen Read Article

The government has given the go-ahead for 1.2GW of offshore
wind capacity off the Yorkshire coast. Final investment decisions
are still to be made. If the project goes ahead, it could
ultimately pave the way for 4GW of offshore wind capacity in the
area, Business Green reports.

Climate and energy comment.

Australia still 'constructive' in climate talks, despite Julie Bishop's rhetoric
The Guardian Read Article

Observers of Australia’s stance at international climate
negotiations have suggested that there may be an element of
political grandstanding for a domestic audience to their generally
less-than-enthusiastic stance on international climate policy.
According to one observer: “They’re still saying some strange
things here in Lima, for example questioning the long-term goal to
limit global warming to two degrees, but on the whole they are
being reasonably constructive. It seems like a lot of their
messaging is just designed for the audience at home.”

New climate science.

Isotopic constraints on marine and terrestrial N2O emissions during the last deglaciation
Nature Read Article

A new study confirms that atmospheric levels of nitrous oxide
rose significantly as the Earth came out of the last ice age.
Researchers analysed air bubbles in ice cores drilled from a
glacier in Antarctica. Their findings show a 30 per cent increase
in atmospheric nitrous oxide from 16,000 years ago to 10,000 years
ago. This rise was caused by changes in the ocean and on land, the
scientists say, and contributed to the warming at the end of the
ice age.

NASA Study Shows 13-year Record of Drying Amazon Caused Vegetation Declines
Proceedings of the National Academy of Sciences Read Article

A 13-year decline in vegetation in the eastern and
southeastern Amazon is linked to a decade-long rainfall decline in
the region, a new study finds. The researchers use satellites to
show a decrease in “greenness” of 5.4 million square kilometres of
forest, equivalent to over half the area of the US. Further drying
would mean the potential loss of vegetation and associated carbon
storage, the authors warn.

Projecting future changes in distributions of pelagic fish species of Northeast Pacific shelf seas
Progress In Oceanography Read Article

Climate change will push marine species northward by an
average of 30 kilometers per decade, according to new research. The
study estimates the distribution changes in 28 fish species, from
sharks to salmon, in the northeast Pacific Ocean. The findings
suggest species will likely move into the habitats of other marine
life to the north, shaking up fish communities and shifting fishing
grounds.

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