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POLITICO New York Energy, presented by Nuclear Matters: REV on the road; fracking opponents turn to pipelines

By David Giambusso and Scott Waldman

Good morning! Only POLITICO New York Pro subscribers receive an enhanced version of this email at 5:30 a.m. each weekday. If you'd like to receive it, along with a customized real-time news feed of New York energy policy news throughout the day, please contact us at newyork@politicopro.com and we'll set you up for trial access. Thank you for reading.

REV TESTED IN WESTCHESTER — POLITICO New York’s David Giambusso: While the state's Reforming the Energy Vision still lives largely in policy briefs and written arguments, a program underway in Westchester is promising to be among the first real-life tests of some key elements of the REV process. http://politi.co/1Ncs2k2

RALLYING AT CAPITOL, ANTI-FRACKING ACTIVISTS TURN TO PIPELINES — POLITICO New York’s Scott Waldman: Pipeline opponents and a bipartisan group of lawmakers packed the Capitol on Wednesday to demonstrate a new reality in the state's fraught relationship with natural gas: The fight against fracking has now become a fight against natural gas infrastructure — this time with more lawmakers joining the fray. http://politi.co/1QwZYtS

** A Message from Nuclear Matters: Providing more than 61 percent of New York’s carbon-free electricity, nuclear energy plants play a vital role in achieving our clean-energy and carbon-reduction goals. New York’s nuclear energy fleet supports about 18,000 jobs and provides $2.5 billion to the state’s GDP. Learn more at NuclearMatters.com. **

AROUND NEW YORK:

--The state’s REV plan will do for energy what Amazon did for retail and Airbnb did for hospitality, a National Grid executive argues in a Fortune opinion piece. http://for.tn/1TzL0Tq

--National Grid contributed almost $2 million toward an energy-efficient wood processing facility at Finch Paper in Glens Falls. http://bit.ly/1QwZHr5

--Republican U.S. Rep. Chris Collins of Erie County on Wednesday blasted a plan to put wind turbines on Lake Ontario because, he said, they could force the retirement of a nearby military base. http://politi.co/1Z02L1X

--A Cuomo administration official at the center of a controversial email deletion policy has moved to the Department of Public Service. http://politi.co/1NH8y8P

SWEET THURSDAY: Let us know anytime if you have tips, story ideas or life advice. We're always here at dgiambusso@politico.com and swaldman@politico.com. And if you like this letter, please tell a friend and/or loved one. Here’s a handy sign-up link: politi.co/1UqoEoB

THIRD OF AMERICANS FACE BITTER WINTER ENERGY SAVINGS — Bloomberg’s Brian Wingfield: “The good news: The majority of Americans will pay substantially less than they did last winter to keep warm. The bad news for those who heat with electricity: That doesn’t include you.” http://bloom.bg/1lvFo27

THE STIFF PRICE OF CHEAP GAS — Opinion by David Kay Johnston for Al Jazeera: “The incredibly cheap gasoline we enjoy comes at a stiff price, though the costs we bear are not so obvious as the figures posted at the pump.” http://bit.ly/1OU3TPO

CHINA FORGOT ITS WALLET — The New York Times: “Last week, China was trumpeting its arrival as one of the world’s great economic powers, as the International Monetary Fund elevated the renminbi to the ranks of leading currencies, alongside the dollar, euro, yen and British pound.” http://nyti.ms/1OU6FEA

--Deal is getting elusive: The Times reports, “Lead negotiators said they were confident that a deal could still be reached — and perhaps in time to meet the Friday deadline. But some outside observers who have been monitoring the talks said that the compromises necessary to bring it across the finish line could weaken the deal so much as to make it nearly toothless.” http://nyti.ms/1OU86TC

OPEC, THE CARTEL — OilPrice’s Steve Brown: “OPEC is the ultimate cartel, it was formed to get its members a better price for their product than the free market would allow, and the members did that by working together to restrict supply.” http://read.bi/1TBZ7rn

SCARY CLIMATE MILESTONES — Climate Central: “The planet reached two important climate milestones this year. The globally averaged concentration of CO2 reached 400 parts per million, and the global average temperature climbed to more than 1°C (1.8°F) above pre-industrial levels.” http://buff.ly/1RaHukI

DEMS DEALING HARD ON OIL EXPORTS — Bloomberg: “Democrats in Congress are putting a high price on lifting the 40-year-old U.S. ban on crude oil exports.” http://bloom.bg/1OU7Cgm

NOT YOUR GRANDMA’S BIOFUEL — International Business Times: “Plastic tubes filled with green-tinted microbes stretch over an acre at Joule Unlimited’s desert facility in Hobbs, New Mexico.” http://bit.ly/1OUbqy4

VW SCALES BACK — The Wall Street Journal: “Before Volkswagen AG’s presentation of some results of an internal probe into its diesel-emissions scandal, the company on Wednesday said it no longer expected to have to set aside €2 billion ($2.18 billion) for a separate, gasoline-engine issue it disclosed last month.” http://on.wsj.com/1OU8mSs

FUTURES:

--Oil falls again: Excessive stockpiles are sending oil into ever lower price territory, the Journal reports. http://on.wsj.com/1OU8vW8

--Natural gas fell too on news of oversupply. http://on.wsj.com/1OU8AJl

** A Message from Nuclear Matters: Some of America’s existing nuclear energy plants face early closure due to current economic and policy conditions. Providing more than 62% of America’s carbon-free electricity, existing, state-of-the-art nuclear energy plants play a vital role in achieving our clean-energy and carbon-reduction goals.

In New York, nuclear energy plants provide 31 percent of the state’s electricity and 61 percent of our carbon-free electricity. The existing nuclear energy plants in New York also support about 18,000 jobs and provide $2.5 billion to the state’s GDP.

If we want to keep New York working, we need policies that will keep New York’s state-of-the-art nuclear energy plants working for all of us. Join us at NuclearMatters.com **

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