The Grid: Energy, Resources, Environment, Sustainability | Bloomberg

Exxon Secrecy Over Ruptured Pipeline May Mask National Danger

Exxon's Secrecy Over Ruptured Pipeline Could Mask Dangers -- The 1940s-era construction process that ExxonMobil said caused an oil pipe to rupture in Arkansas earlier this year is a common and well-documented problem the pipeline industry has battled for decades—and one the industry believes can be detected and controlled with appropriate vigilance.

"With proper inspection and maintenance, these catastrophic events can be prevented," said Mohammad Najafi, a pipeline construction expert and engineering professor at the University of Texas at Arlington. "As pipelines exceed their design lives, they need more maintenance and a proper asset management strategy to prevent or minimize these ruptures."

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Rising Temps, Shrinking Snowpack Fuel Western Wildfires

Arizona Wildfires

Climate Central -- Wildfire trends in the West are clear: there are more large fires burning now than at any time in the past 40 years and the total area burned each year has also increased. To explore these trends, Climate Central has developed this interactive tool to illustrate how warming temperatures and changing spring snowpack influences fires each year.

In our 2012 report, Western Wildfires, we analyzed federal wildfire data stretching back to the 1970s to see how fires have changed in the American West. In some states, like Arizona and Idaho, the number of large fires burning each year has tripled or even quadrupled. And in other states, including California, Colorado, New Mexico, Nevada, and Wyoming, the number of large fires has doubled.

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Sustainability Indicator: 4,500 Tons Hauled by Wind

4,500 Tons

Today's sustainability indicator, 4,500 tons, is the cargo capacity of a hybrid wind-powered shipping vessel under development by Rolls-Royce Holdings Plc. The last age of sail ended 150 years ago, when steamships supplanted sailboats.

And there's more...

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Barack Obama

President Barack Obama spoke in Tanzania today, ending his visit to sub-Saharan Africa by highlighting what the U.S. and other countries are doing to alleviate poverty among the world’s hungriest nations.

While it’s true that the aid programs have been successful to a degree, they are unable to address the core contributor to worsening hunger in the area: population growth that is undoing gains in other areas. Sub-Saharan Africa is the only major region of the world where the proportion of people living on less than 2,100 calories a day, the commonly accepted hunger threshold, is on the rise, according to a U.S. Department of Agriculture report released Thursday.

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Cheaper Canadian Oil Not Reflected in Midwest Pump Prices

Cheaper Canadian Oil Not Reflected in Midwest Pump Prices — For nearly two years, refineries in the Midwest have been buying crude oil at steep discounts thanks to a glut of U.S. and Canadian oil. But drivers in the Midwest haven't seen a corresponding decrease in gasoline prices. In fact, they sometimes pay more at the pump than people in other parts of the country, even as windfall profits flow to BP, Koch Industries Inc. and other large Midwestern refiners.

"It's good to be a refiner," said Tom Kloza, chief oil analyst at the Oil Price Information Service, a company that tracks energy markets. "For 20 years, the rule of thumb was that if you made $5 a barrel east of the Rockies, that was a good profit for a refinery. Recently, we saw a period in the Midwest where refiners were making $40, or $50, or even $60 a barrel on gasoline."

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Hunter Targets Obama’s ‘Cost of Carbon’ Calculation With Bill

Cross-posted from the blog, Political Capital.

California Republican Duncan Hunter has proposed a measure that would force the White House to seek comment on its use of its estimate of the economic costs of climate change in proposed regulations.

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U.S. President Barack Obama

Transcript of President Barack Obama's speech at Georgetown University announcing his new climate-change policy:

On Christmas Eve, 1968, the astronauts of Apollo 8 did a live broadcast from lunar orbit. So Frank Borman, Jim Lovell, William Anders -- the first humans to orbit the moon -- described what they saw, and they read Scripture from the Book of Genesis to the rest of us back here. And later that night, they took a photo that would change the way we see and think about our world.

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Tom Steyer

One thing that makes so many people queasy about sustainability is that its advocates don't always put their money where their mouths are. Are corporate pension funds as "green" as executives swear their global manufacturing supply chain is? Are university endowment investments as diverse and inclusive as their freshman classes? Do foundations make investment choices as if it were part of their mission?

Not everyone is in a position to take a stance as strong as Tom Steyer, 55, the San Francisco billionaire who recently retired from Farallon Capital Management LLC. Farallon, the $20 billion hedge fund Steyer founded in 1986, manages university endowments, foundation investments and other assets.

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Gas Prices

Think gasoline is expensive? It’s all relative. The cost of filling up the 39-gallon tank of a Chevrolet Suburban in Turkey is $389.22, while in the U.S. it’s $137. In Venezuela, it’s just $1.56.

The price of gas is one of the most universal complaints -- whether it’s teeth gnashing at the water cooler or deadly protests on the streets. This week, we’ve launched a new data visualization about the price of gas around the world that shows which countries are most justified in their laments. Hint to my fellow Americans: We’re not even close.

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Singapore Haze

Overheard in the Bloomberg newsroom in Singapore…

Colleague 1: You know what? It feels like I’m in Beijing.
Colleague 2: You know what? Beijing’s better than here!

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About The Grid

Nations and companies face rising competition for strategic resources — energy, food, water, materials — and the technologies that make best use of them. That's sustainability. It's about the 21st-century race for wealth, health and long-term security, across the global grid.

Analyses or commentary in this blog are the views of the authors, and do not necessarily reflect the views of Bloomberg News.

Eric Roston, Editor

Tom Randall, Deputy Editor

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