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08/16/2016 10:00 AM EDT
By David Giambusso and Scott Waldman
Good morning! You are receiving the complimentary synopsis of the POLITICO New York Pro Energy newsletter. Pro subscribers are receiving an enhanced version of this newsletter at 5:45 a.m. each weekday, which includes a look-ahead and robust analysis of energy policy news driving the day. If you would like the Pro version of this newsletter, along with customized real-time insights on New York energy, please contact us here and we will set you up with trial access. Thank you for reading!
ATTORNEYS GENERAL BACK SCHNEIDERMAN, HEALEY - POLITICO New York's David Giambusso: Maryland's Attorney General is pitching in for his counterparts in New York and Massachusetts in an ongoing fight with a congressional committee over investigations into ExxonMobil. Republican U.S. Rep. Lamar Smith of Texas issued subpoenas in July to New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey regarding their investigations into whether ExxonMobil deliberately misled the public and its investors about the effects of fossil fuels on global warming. Maryland Attorney General Brian Frosh, along with the attorneys general of California, Connecticut, the District of Columbia, Hawaii, Maine, Mississippi, Oregon, Rhode Island, Vermont, Virginia and Washington, sent a letter to Smith telling him his subpoenas exceeded his authority. http://politico.pro/2bkZs2D
HUDSON RIVER TO BECOME PARKING LOT FOR OIL BARGES - The New York Times' Lisa Foderaro: "Mayor Mike Spano of Yonkers likes to stroll along the Hudson River waterfront and marvel at the changes since the 1980s. Hundreds of millions of dollars in public and private investment have transformed a once forlorn riverfront marred by abandoned industry into a vibrant place where people live and play. But a proposal to allow massive barges - up to 600 feet long - to anchor off the shore of the state's fourth largest city here, just north of New York City, and in other spots stretching some 70 miles north to Kingston, threatens to undo that progress, Mr. Spano said." http://nyti.ms/2biE9BL
NEW YORK TO INFLUENCE OTHER STATES ON NUCLEAR - EnergyWire's Jeffrey Tomich: "Operators of the nation's nuclear power fleet are an exclusive fraternity. They care about safety. They share best practices. And when wholesale power prices erode, they tend to suffer together." http://bit.ly/2bcC9aL
BLOCK ISLAND WIND FARM ALMOST DONE - Newsday's Mark Harrington: "The construction phase of the nation's first offshore wind farm is nearly complete as Deepwater Wind on Monday installed turbine blades on the fourth of five turbines." http://nwsdy.li/2aXjrGx
** A message from the Independent Power Producers of New York: Interested in the German Energy Experience? Check out IPPNY's 31st Annual Fall Conference on September 15 in Saratoga Springs, featuring a keynote speech by the Executive Director of MIT's Center for Energy and Environmental Policy Research on what New York can learn from the German "Energiewende!" See our full agenda here! **
AROUND NEW YORK:
--A large SolarCity Corp. hedge fund investor cut most of its stake in the solar panel installer during the second quarter. http://reut.rs/2bigJMM
--Elon Musk has a long history of missing company targets, the Wall Street Journal reports. http://on.wsj.com/2b6qv3S
--Con Edison kept its cool over a hot weekend. The Wall Street Journal reports on some of the changes the utility has made. http://on.wsj.com/2blUkuZ
--Gov. Andrew Cuomo announced a $9.2 million energy efficiency project at SUNY Purchase. http://bit.ly/2aXjORn
--Genesco Inc., the owner of a fabric mill that operated in Nassau County from 1965 to 1974, will have to pay $5.25 million for cleanup at a Long Island Superfund site. http://politico.pro/2aPmwtA
GOOD TUESDAY MORNING: Let us know anytime if you have tips, story ideas or life advice. We're always here at firstname.lastname@example.org and email@example.com. And if you like this letter, please tell a friend and/or loved one. Here's a handy sign-up link: http://politi.co/1TZmBpl
NOTHING DIVIDES LIKE CLIMATE CHANGE - The Associated Press' Seth Borenstein: "Tempers are rising in America, along with the temperatures. Two decades ago, the issue of climate change wasn't as contentious. The leading U.S. Senate proponent of taking action on global warming was Republican John McCain." http://apne.ws/2aXUJ7x
--Bill McKibben declares war on climate change in this essay for The New Republic: "Day after day, week after week, saboteurs behind our lines are unleashing a series of brilliant and overwhelming attacks. In the past few months alone, our foes have used a firestorm to force the total evacuation of a city of 90,000 in Canada, drought to ravage crops to the point where southern Africans are literally eating their seed corn, and floods to threaten the priceless repository of art in the Louvre. http://bit.ly/2aXRFZn
DEATH TOLL RISES IN LOUISIANA FLOODING - The Wall Street Journal's Cameron McWhirter: "Unprecedented flooding appeared to ease in parts of Louisiana on Monday, but surging waters continued to pummel towns near rivers, driving about 11,000 people to shelters." http://on.wsj.com/2aPneqO
U.S. UNCOVERS EVIDENCE OF CRIMINAL ACTS IN VW COVERUP - The Wall Street Journal's Mike Spector and Aruna Viswanatha: "U.S. Justice Department investigators found evidence of criminal wrongdoing in Volkswagen AG's diesel-emissions cheating, and are negotiating a settlement with the German auto maker expected to result in charges and significant financial penalties, said people familiar with the matter." http://on.wsj.com/2aOP46M
FLOATING NUCLEAR PLANTS: WHAT COULD GO WRONG? - The Star-Ledger's Ted Sherman: "Long before the tsunami that led to a devastating meltdown at Japan's Fukushima Daiichi power station 2011, before the 1986 disaster in Ukraine at Chernobyl and the 1979 accident at Three Mile Island in Pennsylvania, the largest electric utility in New Jersey literally saw its future on the horizon - a few miles off the coast of Atlantic City to be exact." http://bit.ly/2blIwZK
STUDY: FOSSIL FUELS CONTRIBUTE TO SOUTHWEST 'HOTSPOT' - POLITICO's Elana Schor: Natural gas and coal production are significant contributors to a methane "hotspot" over the Four Corners region of New Mexico and Colorado, NASA reported [Monday] in a long-awaited study. [federal PRO] http://politico.pro/2aPn6aL
'RANGE ANXIETY' IN ELECTRIC VEHICLES EASING - The Washington Post's Chris Mooney: "Even as electric vehicles appear to be growing in popularity - witness the stunning sales for Tesla's Model 3 earlier this year - there remains a persistent skeptical argument. It's this: We are far from overcoming "range anxiety," which describes the state of fear drivers experience from knowing that their battery could run out of charge and strand them far from a recharging station. Yet a new study published in "Nature Energy" Monday by researchers from MIT and the Santa Fe Institute goes a long way towards addressing this concern." http://wapo.st/2btoxsz
BURNING PEAT BOGS INCREASES CLIMATE THREATS - The New York Times' Henry Fountain: "A relatively small amount of peat is mined to burn as fuel, to improve backyard gardens or to add smokiness to Scotch. But most of it stays where it is, and because it accumulates carbon over such a long time, it contains more carbon than is in all the world's trees and plants, and nearly as much as the atmosphere does." http://nyti.ms/2bitAjo
AMERICA'S GASOLINE WINDFALL - The Wall Street Journal's Justin Lahart: "Americans are saving a bundle on gasoline this summer. Unlike their last pump-price windfall, this time they might actually be willing to spend it." http://on.wsj.com/2aXiRsc
--Oil settled at a one-month high Monday as investors continue to hope there will be a cut in production, The Wall Street Journal reports. http://on.wsj.com/2aPnDd7
--Natural gas gained a little Monday on general market bonhomie, but a glut persists, the Journal reports. http://on.wsj.com/2aPolaa
** A message from the Independent Power Producers of New York: Don't miss our panel exploring how electric system reliability can be maintained as New York State transitions to policy choices that would change the diversity of our electricity supply! Hear from Karen Moreau of the American Petroleum Institute, Anne Reynolds of Alliance for Clean Energy New York, Jackson Morris of the National Resource Defense Council, and Denise Sheehan of the New York Battery and Energy Storage Technology Consortium. Our conference will also feature a panel examining the pros and cons of capacity market constructs of New York's neighboring regions. IPPNY conferences regularly attract well over 100 energy industry executives, policy makers and members of the financial and legal communities. To make sure you are part of the discussion, Register Today! **https://www.politicopro.com/settings
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