As the world’s population and energy demand increase, water and energy are increasingly coming into conflict as resources become strained. Click on the image below to visit the interactive “Where Water Meets Watts” graph by IEEE Spectrum magazine:

The annual “State of the Climate” report drew on the findings more than 300 climate scientists in 48 countries who measured 10 separate planetwide features, including air and sea temperatures, humidity, Arctic sea ice, glaciers, and spring snow cover in the Northern hemisphere.

“The records come from many institutions worldwide,” Dr. Jane Lubchenco, the agency’s administrator, said in a statement. “They use data collected from diverse sources, including satellites, weather balloons, weather stations, ships, buoys and field surveys. These independently produced lines of evidence all point to the same conclusion: our planet is warming.”

The findings do not include data from 2010, which is on pace to exceed the highest annual average global temperature ever recorded, NOAA said. This summer’s weather has been defined by extreme heat events in the eastern United States, Europe, Russia, China, Japan and the Middle East.

The past decade was the hottest recorded, part of an unequivocal pattern of warming dating back 50 years, a National Oceanic and Atmospheric Administration report declared on Wednesday.

Experts say that sea ice is melting, heavy rainfall is intensifying and heat waves are more common, among other indicators.

According to the report, each decade since the 1980s has been progressively warmer than the last, with an average warming of about one-fifth of a degree Fahrenheit per decade.

“The temperature increase of one degree Fahrenheit over the past 50 years may seem small, but it has already altered our planet,” said Deke Arndt, co-editor of the report and chief of the Climate Monitoring Branch of NOAA’s National Climatic Data Center. “Glaciers and sea ice are melting, heavy rainfall is intensifying and heat waves are more common.”

The report also suggests that more than 90 percent of the warming over the past 50 years may have gone into the oceans.

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Panasonic targets green energy buy-outs
By Jonathan Soble in Tokyo
Published: July 29 2010 11:34 | Last updated: July 29 2010 11:34

Panasonic has placed an Y820bn ($9.4bn, €7.2bn, £6bn) bet on the future of green energy by offering to buy out minority shareholders in two subsidiaries specialising in lithium-ion batteries, solar cells and other environmental technology.

The Japanese electronics group, which is seeking to reduce its reliance on more conventional products such as televisions and refrigerators, on Thursday said it would seek to acquire all the shares it does not already own in Sanyo and Panasonic Electric Works.

It currently owns just over 50 per cent of both companies.

The move is part of an effort by Panasonic and by other Japanese electronics manufacturers to carve out new market niches as profit margins shrink in older businesses and foreign competitors, such as Samsungof South Korea, grab market share with lower prices and increasingly high-quality products.

Panasonic spent Y400bn last year to buy control of Sanyo from an investment consortium led by Goldman Sachs, which had bailed out then-struggling Sanyo in 2006…….

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Australia’s new Prime Minister Julia Gillard has demonstrated strong support for her domestic renewable energy industry.

Sworn in last month to replace previous leader Kevin Rudd, Gillard said she is “committed to Australia’s largest ever investments in solar and other renewables.”

Gillard has not made specific mention of the controversial carbon cap-and-trade system which former PM Rudd had championed.

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A U.S. national weather analysis has confirmed a fact that is all too obvious to many people sweltering through this stifling summer.  Thus far, 2010 is the world’s hottest year on record, taking over the top spot from 1998.

Abnormally high temperatures have been recorded in Canada, Africa, tropical oceans and regions of the Middle East, with nations such as Britain, Thailand and Israel suffering severe droughts.

A La Nina weather pattern expected later this year could bring cooler weather globally, however it often translates into hotter and drier weather in the U.S. Midwestern farm belt, which could be detrimental to corn and soy bean crops.

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A new report from the Renewable Energy Policy Network for the 21st Century (REN21), a body affiliated with the United Nations and the International Energy Agency (IEA), says renewable energy accounts for over half of all new electricity capacity added in the United States and Europe during 2009.

The REN21 report highlights the shift in manufacturing and deployment of these new energy technologies from developed nations to growing ecnomies like China, Brazil and India.

In 2009, China produced 40% of global solar PV and 30% of all wind turbines; a massive increase from 10% in 2007.

However, despite its advances in implementing green power, China’s carbon dioxide emissions also increased in 2009.  It has overtaken the United States and now claims the title of highest emitting nation in the world.

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After 85 days, BP has finally succeeded in containing the gushing oil spill in the Gulf of Mexico waters.  After closing valves and vents on the containment cap during a test on Thursday, the well has stayed in place for two full days.

Although this is a very positive sign, both BP and the White House have warned that the containment cap does not represent a permanent fix – there is still much more work to do to seal the well shut for good, and to clean up the hundreds of millions of spilled oil.  “We’re encouraged by this development, but this isn’t over,” said the U.S. government’s lead contact in the region, retired Coast Guard Admiral Thad Allen.

BP will likely release the flow of oil again, siphoning it up to ships on the surface as it continues to drill a relief well to permanently shut the well with mud and cement.  The well is expected to be ready in early August.

Investors welcomed news of the containment caps success, sending BP shares higher in trading today.  However, since the rig explosion in April nearly $65 billion has been knocked off BP’s market value.

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Last week, President Obama offered a strong show of support for domestic solar power with the offer of $2 billion in loan guarantees for large scale solar projects in the Western United States.

Abengoa Solar is the recipient of the first offer, $1.45 billion to help finance the construction and start-up of a concentrating solar power (CSP) plant in Arizona.  Once operational, the “Solana” plant would add 250MW of electric capacity to the grid, enough to power 70,000 homes and reduce carbon dioxide emissions by 475,000 tons.

A loan of $400 million was also offered to Abound Solar Manufacturing to for the manufacture of thin-film cadmium telluride solar panels, the first time such manufacturing will be deployed anywhere in the world.  When completed in 2013, the manufacturing plant will be capable of producing enough panels to support up to 840MW of new solar every year.

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The EU has reached a unanimous decision to create a central trading platform to manage sales of the majority of EU carbon permits which are traded through the bloc’s Emissions Trading Scheme (ETS).

The central trading platform will commence during the 2013 stage of the ETS, but individual nations will also have the freedom to opt-out and hold their own auctions.  The number of permits to be issued and dates of auction have yet to be determined.

During the first phase of the ETS trading scheme, most permits were distributed to industries for free.  However as phase 3 begins, the majority of emissions permits will be sold to companies through auctions.  This includes the aviation sector, which will be required to purchase 15% of their permits at auction when it joins the ETS in 2012.

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The official Saudi Press Agency (SPA) reported that King Abdullah has ordered a halt to new oil exploration to preserve the Kingdom’s vast hydrocarbon resources.

“I told them the Cabinet that I have ordered a halt to all oil explorations so part of this wealth is left for our sons and successors,” King Abdullah told Saudi scholars studying in Washington.  However, a senior oil ministry official told Zawya Dow Jones that the King’s words should not be interpreted as a full-fledged ban, but rather as a warning that future explorations should be carried out mindfully with an eye towards future generations.

Saudi Arabia possesses the world’s largest recoverable oil resources with 260.1 billion barrels at the end of 2009.  It is the largest member of the Organization of Petroleum Exporting Countries (OPEC) and recently announced the discovery of a new oil field and a non-associated gas field to add it its substantial holdings.  Saudi Arabia pumped an average of 8.26 million barrels a day in June 2010, about 209,000 barrels above its target.

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Worldwide, global venture capital investment in the green tech sector has climbed to $4.04 billion during the first half of 2010.  This represents a 65% increase from the same period last year, and slightly exceeds the investment record set during the “boom year” of 2008.

Data from The Cleantech Group and Deloitte shows that solar energy garnered about 40% of all investments, attracting about $811 million in funding.

“There’s been a very clear resurgence in solar activity and that is largely responsible for the strong quarter,” notes Richard Youngman, head of global research for the Cleantech Group.

Scott Smith, Deloitte’s U.S. clean tech leader believes this VC investment trend will have a positive impact on renewables and low carbon industries.    “The significant strengthening of corporate and utility investment into the clean tech sector, relative to 2009, is very encouraging, given the key role they will play in enabling broader adaptation of clean technologies at scale,” he said in a statement.

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Thanks to the implementation of an industry-friendly feed-in-tariff in 2007, the Italian solar PV market has taken off at a furious pace.

Data from the Interstate Renewable Energy Council (IREC) shows that Italy installed more photovoltaic systems than the entire United States in 2009.  What’s more, by the end of the year, Italy will have installed over 2,500 MW of solar PV power, more than one and one-half times the U.S. total.

Italy is now the world’s second largest solar PV market after Germany.  Unlike Spain, Italy is not planning to remove its feed-in-tariff anytime soon.  It has set a new target of 3,000MW for the next time period of 2011-2013, but will trim the tariffs 18% by Q3 of 2011.  Italy reached its 2010 target of 1,200MW earlier this year.  Most of these new installations are on rooftops or in distributed applications, and according to the Gestore dei Servizi Energetici, almost 1/4 are relatively small (20kW or less).

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According to Global Solar Energy Outlook, a new report published by Pike Research, solar power is expected to reach grid parity by 2013, when its costs will be equal to that of traditional energy sources like coal and oil.

Pike predicts that global solar demand will grow at a compound annual growth rate of 24% between now and 2013.  A confluence of factors, including a new abundance of polysilicon, government stimuli in response to the global economic crisis and increased cost efficiency of solar panel modules, have come together to change solar from a “supply-constrained” to a “demand-driven” industry.

“Solar prices are plunging quickly, and lower pricing will fuel a surge in demand in 2010 and beyond,” says senior analyst Dave Cavanagh.  Cavanagh predicts to see a “significant shakeout amongst solar suppliers in the next two years” as companies face increased pressure due to pricing trends and oversupply of solar modules.

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Many of the world’s largest developed nations experienced a drop in emissions of carbon dioxide and other greenhouse gases in 2009.  China and India, however, saw their own domestic emissions levels rise significantly.  Has this growth in effect “canceled out” the reductions made in developed nations?  According to the Netherlands Environmental Assessment Agency, the answer is yes.

Global emissions levels remained relatively unchanged in 2009 largely because of Chinese and Indian contributions, despite predictions from groups such as the International Energy Agency (IEA) which thought the global economic meltdown and decrease in manufacturing would assuredly reduce emissions worldwide.

The Netherlands Environmental Assessment Agency notes that carbon dioxide emissions per person in China are now 6.1 tons, roughly equal to France which clocked in at 6.0 tons in 2009.  This figure represents a major increase for China, which in 1990 emitted only 2.2 tons per capita.    Interestingly, this increase comes Chinese wind and solar energy capacity has doubled for the fifth year in a row.

Because of its use of nuclear energy, French emissions are actually on the lower end of the scale in comparison to other developed nations.  Per capita emissions in other EU member nations were 7.9 tons in 2009, down from 9.1 tons in 1990, while per capita emissions in the United Sates fell to 17.2 tons in 2009, decreasing from 19.5 tons in 1990.

All in all, the Dutch agency now reports that 53% of 2009 global emissions came from developing nations, with 44% coming from the developed world.  International air and sea transportation accounts for the remaining 3%.

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U.S. crude prices have fallen 9.7% since March, finishing the quarter down $8.13, the first quarterly price decrease since Q4 2008.  This has triggered worries over the state of global demand in the wake of continued strain in global financial markets and sluggish job growth.

The U.S. Energy Information Administration (EIA) reports growth in gasoline stocks and distillates inventories, disproving forecasts which predicted a fall.  On the other hand, crude stocks dropped by 2.01 million barrels; twice the expected rate.

The onset of Hurricane Alex actually helped to stem the price fall by forcing a stop in 26.3% of oil production and 14.4% of natural gas production in the Gulf of Mexico region.

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It appears that between the Gulf Oil spill, climate change uncertainty, rising energy costs and the availability of future supplies has finally shaken American consumers out of their comfort zone.

Long accustomed to cheap and easy access to energy, American consumers have been notoriously resistant to changing their ways to use less energy.  However, according to a recent study by GE, 79% of U.S. consumers would be willing to make short term changes in order to achieve long-term energy benefits.

A full 88% of those polled would start to use devices like smart meters to help them use energy more efficiently, and of this group, 82% say that smart meters and related devices will be “vital technologies” for the future.

Perhaps the most striking result is the 72% of respondents who agree that America’s energy use and consumption habits, if left unaltered, could stifle future economic growth.  This result, GE says, proves that “consumers are ready to think differently about how they use energy.”

“There are some things that are essential to achieving a desired quality of life,” says Bob Gilligan, VP of Digital Energy for GE Energy Services, “and Americans overwhelmingly agree that investing in our nation’s energy future is one of them.”

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CEO’s of the largest corporations in the world are taking sustainability seriously, and increasingly believe that sustainaibility is an important factor for the health and success of their businesses.

In the largest survey ever conducted on corporate sustainability, the UN Global Compact and Accenture asked 766 CEOs around the world their thoughts on these important issues.  The results were significant:

- 93% believe sustainaibility will be “critical” to the future success of their company

- 80% say the economic downturn has raised the importance of sustainability in saving money and cutting waste

- 81% say sustainability issues were part of company strategy and operations, compared with 50% three years ago

“Achieving greater environmental and social sustainability takes time, effort and a sincere leadership commitment,” said Georg Kell, executive director of the UN Global Compact.  Moving forward, he said, will mean convincing investors that sustainability is actually good for the bottom line.

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In the wake of the catastrophic oil spill in the Gulf of Mexico, the Obama administration moved last week to ban all offshore drilling operations in the Gulf region for six months until further investigation into the cause of the BP gusher, which has been spilling oil into the ocean since April.

However, a judge in New Orleans struck down the ruling, calling it “rash and heavy-handed.”  The Obama administration appealed immediately, saying that continued drilling poses a danger to oil workers and to the environment that “the president does not believe we can afford.”

It is a contentious issue that has even brought in Abdalla Salem El Badri, the Secretary General of OPEC.  After meeting with European ministers in Brussels, Mr. El-Badri urged the United States to reconsider its ban on offshore drilling, warning that a six month hiatus would hold back oil supplies.  “We should not really ban it and we should not jump to conclusions,” he told reporters.

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A recent survey confirms that African nations are home to the world’s most vulnerable water supplies, and face substantial risks from climate change and population growth.

British consultancy group Maplecroft crafted a “water security risk index” of 165 nations around the world based on criteria such as access to drinking water, per capita demand and dependence on water from rivers which first travel through other neighboring nations.

The survey showed primarily African and Asian nations had the most vulnerable supplies, with Somalia, Mauritania, Sudan, Niger and Iraq leading the list of “riskiest nations.”

However, poor countries are not the only ones facing increased water risk, noted Anna Moss, an author of the study.  Regions of the United States and Australia are also at high risk levels., as are European countries like Bulgaria, Belgium and Spain.

On the other end of the spectrum, the most secure water supplies can be found in Iceland, Norway and New Zealand.

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