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Obama Administration Unveils Plan to Cut Power Plant Emissions

The Obama Administration has announced what is arguably the most significant environmental regulation of the president’s term: a proposal to curb power plant emissions that will mandate a 30 percent cut in carbon emissions at fossil fuel-burning power plants by 2030.

The proposal was unveiled by the U.S. Environmental Protection Agency (EPA), and is expected to set targets for state-by-state reduction of power plant-produced carbon emissions; the largest source of carbon pollution in the U.S. According to the proposal, states could have until 2017 to submit a plan to cut power plant pollution, or 2018 if they join together with other states to address the issue.

In 2010 the EPA announced it intended to regulate coal-fired power plants and oil refineries, but this effort was not followed through. However, due to factors such as improvement in the economy and the natural gas boom, the White House and advocates feel that the time is right.

According to a poll conducted by the Yale Project on Climate Change Communication in April, two-thirds of Americans support increased regulation on power plant emissions, even if the cost of electricity rises.

The success of the carbon emission-cutting rule will depend on pending details, such as exactly how strict the targets are and how the federal government holds states to them. Although U.S. emissions have been declining recently due to increased use of natural gas to generate electricity, the country is still second to China in terms of annual emissions.

Along with this proposal comes the importance of accurately and efficiently collecting, aggregating and reporting emission sources data. An essential piece to the puzzle of addressing climate change and abiding by new rules and regulations is properly measuring and managing information.

Monsanto Selects Locus’ Cloud Software for Sustainability Management

Leading Agricultural Products Technology Company Selects Locus for Sustainability Reporting

SAN FRANCISCO, Calif., 2 June 2014 — Monsanto Company, a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality, has selected Locus Technologies (Locus) to provide a comprehensive, integrated software platform for sustainability management and environmental stewardship throughout the corporation’s facilities.

Monsanto has adopted the Global Reporting Initiative (GRI) framework, a comprehensive sustainability reporting structure that is widely used around the world to more effectively measure, build upon, and communicate its current sustainability efforts. As a member of the GRI G4 Pioneers program Monsanto is utilizing the Locus enhanced data collection process to enable the transition to the new GRI G4 platform.

Locus’ award-winning EH&S and sustainability software platform is already implemented and provides Monsanto with enterprise tools to organize the GRI indicator collection and reporting solution for its corporate sustainability group. Monsanto site personnel are now able to enter GRI Indicator data by site, and produce reports for their sites. Corporate personnel are able to produce reports of data aggregated across the entire organization for use in preparing and automating their GRI Reporting.

“We are very pleased that Monsanto has selected Locus’ cloud-based software to organize its GRI information,” said Neno Duplan, President and CEO of Locus Technologies. “The GRI Guidelines are the world’s most widely-used sustainability reporting framework and we are very pleased to support Monsanto in their reporting requirements. Both Monsanto and Locus are GRI Organizational Stakeholders,” added Duplan.

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Latest National Climate Assessment Reinforces Severity of Climate Change

The recently produced study, known as the National Climate Assessment, has found that the effects of human-induced climate change are being felt across the United States. The involved scientists found that an average warming of less than two degrees Fahrenheit over most areas of the country in the last century has resulted in a decrease in water in dry regions, an increase in torrential rains in wet regions, and an escalation in more severe droughts and wildfires.

The study was supervised and approved by a large committee representing a cross section of American society, and is the third national report of its kind in 14 years. “Climate change, once considered an issue for a distant future, has moved firmly into the present,” the scientists stated in the new report.

The National Climate Assessment was released by the White House in hopes to increase the sense of urgency among Americans about climate change, and strengthen the support behind the new climate change regulation that President Obama plans to issue next month.

In an interview following the release of the report President Obama declared “This is not some distant problem of the future. This is a problem that is affecting Americans right now. Whether it means increased flooding, greater vulnerability to drought, more severe wild fires—all these things are having an impact on Americans as we speak.”

The report stated that although many U.S. states and cities had begun to take steps toward limiting their emissions, these efforts were not yet enough. “There is mounting evidence that harm to the nation will increase substantially in the future unless global emissions of heat-trapping gases are greatly reduced,” the report warned.

An important element in addressing climate change will be collecting, aggregating and reporting emission sources data so that credible information can be generated to tackle the problem at its source—emissions. The good news is that technologies for dealing with this planetary challenge exist and start with big data management and cloud computing. As the old business adage goes, what is important must be measured, and what’s important enough to be measured must also be managed.

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Exxon Mobil to Report on Asset Risks Due to Evolving Climate Policy

Exxon Mobil just became the first oil and gas company to agree to publish information about the risks that stricter limits on carbon emissions would place on their business. According to the New York Times, this decision stems from increasing pressure from shareholder activists to warn investors of the possible consequences. The energy giant has agreed to publish this information by the end of the month.

The agreement comes from an effort by Ceres, a coalition of investors and environmentalists interested in making companies more environmentally responsive. The Ceres campaign started with a letter that was sent to ask 45 of the top fossil fuel companies if they were addressing the risks posed by the changing climate policy. What gave this letter such influence is the fact that it was sent by shareholders representing $3 trillion in assets to these companies.

These risks come from a growing realization that the changing policies on global warming and the value of fossil fuel assets may not by synced with one another. For instance, if carbon emissions are reduced by 80 percent, a goal stated by President Obama, then extracting oil reserves in certain areas where it is more expensive will become uneconomical. The concept that the two goals of extracting reserves and reducing carbon emissions are in direct conflict is undoubtedly coming to light.

Exxon Mobil has also agreed to project how further carbon emission restrictions would affect its future projects, and explain why new fossil fuel reserves that it invests in are not at risk of decreasing in value. Overall Exxon Mobil’s reporting agreement should provide for a better stewardship of sustainability and will help other companies come forward with their reporting.

Accounting for carbon emissions will put more focus on environmental software companies that can scale and provide solid platforms for an integrated approach to not only carbon management but all of their other environmental and sustainability risk management activities such as water quality and air emissions.

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New sustainability & environmental reporting standards for banks

Under recently published accounting standards, banks will now be called upon to report on their social and environmental impact. These new Sustainability Accounting Standards are backed by large investors, including the California state teachers’ pension fund, Calstrs, and were drawn up after negotiations with shareholders, accountants, and banks including Deutsche Bank, TD Bank, and Goldman Sachs.

According to the Financial Times, the new standards require “reporting of measures such as the greenhouse gas emissions of companies in which banks have investments, as well as the number of complaints handled by their compliance departments.”

Author of these new standards, the Sustainability Accounting Standards Board (SASB), is backed by non-profit donors and was launched in 2012 to create standards for reporting on non-financial data. The SASB writes standards industry by industry- last year it was for pharmaceuticals companies, and next month standards are due for the technology and communications industry.

The Financial Times states that further details on the financial services standards include “measures of the companies’ possible losses on insurance or mortgage lending from weather-related events, the number of data breaches involving customers’ information, and details of the results of stress tests under adverse economic scenarios.”

Chief executive of Calstrs, Jack Ehnes, recognized that there may be some initial hesitation about the new standards, but believed they would eventually come to be accepted. “There is a market need for these data, and as soon as investors start talking about them and looking at them… then I think we will move to that,” he said.

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Is the U.S. Emitting More Methane Than We Thought?

According to a new study in the Proceedings of the National Academy of Sciences (PNAS), the United States may be emitting 50 percent more methane than the federal government had originally estimated. Methane, a greenhouse gas, is less prevalent in our atmosphere than carbon but is also a more powerful heat-trapping gas- approximately 21 times more potent over a 100 year period.

The new study argues that the Environmental Protection Agency (EPA) underestimated methane emissions because it calculated from the bottom-up, whereas the new study took a different approach. The PNAS study, conducted by Scot M. Miller, a doctoral student in Earth and planetary sciences at Harvard University, along with researchers from seven other institutions, took measurements of methane actually released into the atmosphere. More specifically, it analyzed almost 5,000 air samples collected from tall towers around the U.S. in 2007 and 2008, and more than 7,700 samples taken over this same period by research aircrafts.

Based on their research, the following are a few conclusions that were reached:

  • Methane from Texas, Oklahoma, and Kansas was 2.7 times higher than previously recorded (these three states alone account for nearly one-quarter of U.S. methane emissions)
  • Methane emissions from livestock are nearly two times as high as earlier measurements
  • Current atmospheric concentrations of methane are nearly triple the levels found in the preindustrial era; human activity being responsible for 50 to 65 percent of global methane emissions

These findings will no doubt impact the debate about how both regulators and industry should handle reducing methane emissions.

As if this isn’t enough of a reason for concern, new research published in Nature Geoscience finds that significant amounts of methane are currently escaping the East Siberian Shelf. This methane is stored on the floor of the Arctic Ocean, being held down by permafrost. However, it has been escaping recently due to both powerful storms stirring up the ocean that bring the methane to the surface faster, and global warming thawing the permafrost; creating a perpetual cycle.

This new research and press may be able to put the spotlight on a greenhouse gas other than carbon, and also on how important it is to reduce these methane emissions.

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Obama Speaks on the Fight Against Climate Change

Yesterday, 25 June 2013, President Obama braved the heat and took to the stage at Georgetown University to give a speech on his climate change plan. Addressing his audience, Obama began with a bold statement that brought the real impacts of the subject at hand immediately to the surface. “It was important for me to speak directly to your generation, because the decisions that we make now and in the years ahead will have a profound impact on the world that all of you inherit,” he stated.

The president proceeded by defining the reasons for why this speech was necessary, and why climate change is such an important topic in the United States today. He stated the scientific facts: that the measurement of carbon dioxide in our atmosphere has dramatically increased since the 1950’s, and that 12 of the warmest years in recorded history have occurred in the past 15.

Obama further emphasized the evidence by referencing the droughts, floods, storms, and heat waves that the U.S. has recently experienced- all weather events that may not have been caused by global warming, but were directly affected by it. The progress made in recent years, such as the reduction in greenhouse gas (GHG) emissions and increase in both sun and wind generated electricity was addressed, but ultimately referred to as a ‘good start’.

President Obama stated that he would direct the Environmental Protection Agency (EPA) to put an end to the excessive carbon pollution from power plants, and create standards for new and existing power plants. Other highlights included Obama’s call to develop a better plan to help us prepare for climate change impacts, and his pledge to seek greater international engagement in regards to climate change.

On par with every other hot political topic, the president’s speech did not come without controversy, and certain parts were hailed by some and criticized by others. However, a few key takeaways are as follows: the severity of the United States climate change situation and the urgency to make this a top priority have been made clear.

This means it is more important than ever for organizations to take full responsibility for their GHG and carbon emissions, and energy consumption. The need to properly track and manage all their operational environmental and compliance information is apparent, and will play a crucial role in the fight to subdue climate change. Locus will continue to work it’s hardest to develop the most comprehensive software available to assist companies with the management of their critical, big data, and provide them with the necessary tools to not only comply with new and anticipated regulations, but also to harvest their data for actionable information to lower operating costs.

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Fracking’s Role in Reducing CO2 Emissions

There’s no doubt that hydraulic fracking has become a popular term today, but have you heard of cracking? I am referring to the drop in carbon emissions partly made possible by the cheaper fuel source brought forth by fracking. In fact, American CO2 emissions have fallen nearly 13 percent since 2007, which makes President Obama’s promise to cut these emissions by 17 percent between 2005 and 2020 possibly obtainable without enacting a major new legislation like cap-and-trade.

While certain regulations and tax break incentives have helped make this reduction possible, the main driving force is economics. Not only have Americans been encouraged to drive less and purchase vehicles with better fuel economy due to high prices, but power companies have also been making the switch from coal to natural gas, a cleaner and cheaper fuel. These actions have resulted in the drop in CO2 emissions, and it’s doubtful that they will change too severely in the near future. Or to put it simply, market forces have taken care of CO2—for now.

However, while cutting greenhouse gas emissions is a positive, it may come with a high price to pay if water quality around fracking sites is not properly monitored and managed. Many concerns have already arisen about chemicals and methane potentially leaking from wells and contaminating water supplies and air. If we don’t monitor aquifers around fracking sites and end up contaminating them, all gains on reduced emissions could quickly be lost as water treatment is expensive, requires a large amount of energy, and takes a long time, which again translates into more carbon emissions.

It is important for companies to take responsibility for their fracking sites, so that the decrease in CO2 emissions and the protection of our water resources may occur simultaneously. In order to ensure that water quality is preserved, a sufficient amount of monitoring needs to happen at a reasonable frequency. Aquifer and surface water samples must be collected and analyzed for probable contaminants. Locus offers the industry leading water quality management software, EIM, to assist companies that face this challenge. EIM is a Cloud-based data management system that supports all management and workflow processes necessary to better determine water quality, so that cracking may be accomplished safely.

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EPA Looks for Improved Drilling Data

According to the Energy Information Administration, production of natural gas from shale formations has increased approximately 30 percent from 2006 to 2012. This increase, due to advancements in drilling technologies, has caught the EPA off guard and left it with limited knowledge about the amount of pollutants entering the groundwater, surface water or air.

This poses an issue because states rely on the EPA’s information when issuing permits or determining if someone breaks a rule, and these decisions are being compromised if they are reliant on non-existent or questionable water quality or air emissions data. This realization is also a bit concerning considering hydraulic fracturing releases chemicals such as methane, the main component of natural gas and also a potent greenhouse gas.

The EPA has agreed it needs to improve its data, and is working with the appropriate parties to ensure the continued expansion of oil and natural gas drilling is done safely and responsibly. This situation shows that being prepared to handle big data like this is vitally important. Locus’ EIM and ePortal software are Cloud-based platforms for effectively managing air emissions, as well as hydrofracking data of any kind, water, groundwater, SPCC, and compliance information. By managing this information in one, easily accessible, web-based platform it is easier to stay on top of essential data collection, and to make sure your data quality is at its best.

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Saluting 2013, the Year of Air

In the past few years the focus has been on energy and water, and now in 2013 it will be on clean air. Being recognized predominantly in Europe, the ‘Year of Air’ will shine the spotlight on air pollution and emissions: an area where some progress has been made, but also where an immense problem still exists.

With air pollution being the main cause behind debilitating lung conditions, and even death, it is imperative that we take the necessary steps in order to improve our air quality. After all, it is mostly a result of human activities and man-made apparatus. The mission behind the year of air is for there to be a general focus on understanding the health effects of air pollution, its main causes, and what can be done to cut back on pollution and improve the quality of our air.

One necessary step in supporting this focus on clean air is for organizations to properly manage their emission inventory. Especially in 2013, companies must do their part to ensure they stay in compliance with regulations, and show they are not negatively affecting air quality. Locus’ Air and Greenhouse Gases module within ePortal software assists companies in managing emission inventory and permit compliance programs. Users are able to easily collect, calculate, compare, and report on their emissions data all in one centralized system.