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| [$$] Coffee, Sugar Rally on Dry Weather in Brazil Friday, Jan 31, 2014 08:18 PM PST Prices rallied on worries that unusually dry weather in the South American country could crimp output in the world's biggest producer or both crops. Full Story | Top |
| Factbox: Possible winners and losers from Keystone XL review Friday, Jan 31, 2014 07:54 PM PST The U.S. State Department issued an environmental review of the proposed Keystone XL oil pipeline on Thursday that said the project was unlikely to increase the pace of Canadian oil sands development. The 1,179-mile (1,900-km) pipeline would move 830,000 barrels per day of oil sands crude from Hardisty, Alberta, across the U.S. border to Steele City, Nebraska, where it would connect with a previously approved line. Environmentalists and other critics have called on President Barack Obama to reject the plan, saying it could hasten climate change by promoting oil-harvesting methods in Alberta that produce high levels of carbon dioxide emissions. Below are details of which groups would benefit and which would be disappointed from the State Department's conclusions. Full Story | Top |
| TransCanada CEO 'very pleased' as Keystone XL edges forward Friday, Jan 31, 2014 07:54 PM PST (Reuters) - Transcanada Corp's chief executive said on Friday he was "very pleased" with the release of a U.S. State Department review on Keystone XL, which played down the impact the 1,179-mile pipeline would have on climate change. "We are very pleased with the release and being able to move this next stage of the process," said Russ Girling on a conference call. Full Story | Top |
| Factbox: Prolonged Keystone XL decision to spill into U.S. election season Friday, Jan 31, 2014 07:53 PM PST The Obama administration's tricky final decision on the Keystone XL oil pipeline is several months away, guaranteeing that the project dividing many Democratic voters will be an issue in the midterm elections that could determine control of the U.S. Congress. The State Department's issuance on Friday of its last environmental review of TransCanada Corp's proposed pipeline puts in motion a few more steps that have to be completed before a final determination is made. It is not known whether the final decision on the pipeline, which would transport some 830,000 barrels per day from the Canadian oil sands and domestic oil fields to Nebraska, will come before or after the November 4 elections. While Republican voters mostly support Keystone, the project divides many pro-union Democrats who want construction jobs the pipeline would create, and those who believe the pipeline will increase emissions blamed for climate change Below are the next steps to come on the pipeline and the Congressional races it could influence: NEXT STEPS - National Interest Determination Now that the State Department has finalized the environmental review, eight federal agencies will have up to 90 days to comment on whether the Keystone XL is in the national interest. Full Story | Top |
| Keystone report raises pressure on Obama to approve pipeline Friday, Jan 31, 2014 07:53 PM PST  By Roberta Rampton and Jeff Mason WASHINGTON (Reuters) - Pressure for President Barack Obama to approve the Keystone XL pipeline increased after a State Department report played down the impact it would have on climate change, irking environmentalists and delighting the project's proponents. But the White House signaled late on Friday that a decision on an application by TransCanada Corp to build the $5.4 billion project would be made "only after careful consideration" of the report, along with comments from the public and other government agencies. "The Final Supplemental Environmental Impact Statement includes a range of estimates of the project's climate impacts, and that information will now need to be closely evaluated by Secretary (of State John) Kerry and other relevant agency heads in the weeks ahead," White House spokesman Matt Lehrich said. Full Story | Top |
| Does Polar Vortex Mean 'So Much for Global Warming?' (Op-Ed) Friday, Jan 31, 2014 04:39 PM PST  Michael Mann is Distinguished Professor of Meteorology at Penn State University and was recognized in 2007, with other IPCC authors, for contributing to the award of the 2007 Nobel Peace Prize for his work as a lead author on the "Observed Climate Variability and Change" chapter of the Intergovernmental Panel on Climate Change (IPCC) Third Scientific Assessment Report. Mann contributed this article to LiveScience's Expert Voices: Op-Ed & Insights. Over the past couple of months, the United States has seen the return of something many believed had been lost for good: cold weather. Although the current temperatures in the eastern United States may seem unusually cold, in the context of our history they really aren't. Full Story | Top |
| Weather Prediction's Come a Long Way Since Super Bowl I (Op-Ed) Friday, Jan 31, 2014 04:36 PM PST  David Hosansky is manager of media relations and a science writer at the University Corporation for Atmospheric Research (UCAR). Hosansky contributed this article to LiveScience's Expert Voices: Op-Ed & Insights. Now that we're within a few days of the Super Bowl, we can get increasingly detailed official National Weather Service (NWS) forecasts for the big game. As of Thursday afternoon, NWS forecasters were calling for a high of 51 degrees with a 30 percent chance of rain mainly before 1:00 p.m local time in East Rutherford, N.J.. If the forecasts hold — and we all know that three-day forecasts are not perfect — this means the first outdoor Super Bowl in a northern city won't have to be postponed. Full Story | Top |
| Weather service debunks rumors of giant snowstorm Friday, Jan 31, 2014 03:30 PM PST INDIANAPOLIS (AP) — Meteorologists in the Midwest took to social media on Friday to quell rumors that a winter storm expected to move into the region next week could dump up to 30 inches of snow in some areas. Full Story | Top |
| US says no major climate impact from Keystone pipeline Friday, Jan 31, 2014 03:28 PM PST  The US State Department on Friday released a long-awaited review of a controversial pipeline project to bring oil from Canada to Texas, concluding it would have little impact on climate change or the environment. The final environmental impact assessment could now pave the way for US President Barack Obama to approve the $5.3 billion, 1,179-mile (1,897-kilometer) Keystone XL pipeline, first proposed back in 2008. But it raised no major objections to the plan, and said building and using the pipeline would not in itself significantly increase greenhouse gases, blamed for climate change. "The analyses of potential impacts associated with construction and normal operation of the proposed project suggest that significant impacts to most resources are not expected along the proposed project route," the huge report said. Full Story | Top |
| Ex-NY mayor Bloomberg named UN climate envoy Friday, Jan 31, 2014 03:11 PM PST  UNITED NATIONS (AP) — Former New York mayor Michael Bloomberg was appointed Friday to be the U.N. special envoy for cities and climate change, a position that will give the billionaire businessman and philanthropist an international stage to press for action to combat global warming. Full Story | Top |
| U.N. appoints former NYC Mayor Bloomberg cities, climate change envoy Friday, Jan 31, 2014 03:01 PM PST  By Michelle Nichols UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon on Friday appointed former New York City Mayor Michael Bloomberg as his special envoy for cities and climate change, in a bid to build momentum ahead of a planned U.N. summit meeting in September. Ban said Bloomberg will assist him in "consultations with mayors and related key stakeholders, in order to raise political will and mobilize action among cities as part of his long-term strategy to advance efforts on climate change." Ban is seeking to re-energize the global climate change debate and boost the United Nations' role. The U.N. role for Bloomberg - a billionaire philanthropist who left office last month - was reported by Reuters on Thursday. Full Story | Top |
| Natural gas falls on forecasts of warmer weather Friday, Jan 31, 2014 02:33 PM PST Natural gas prices dropped Friday on forecasts of warmer weather for the U.S. While temperatures are expected to remain low in early February, extended forecasts suggest that warmer weather could be on ... Full Story | Top |
| The Latest on Sunday Winter Weather Potential Friday, Jan 31, 2014 02:17 PM PST SATURDAY A cold front will move from northwest to southeast slowly across North Texas. Temperatures will be mild in the morning Saturday but then fall in the afternoon. Drizzle and light rain will be with […] Full Story | Top |
| TSX drops on emerging market fears; TransCanada up Friday, Jan 31, 2014 02:12 PM PST  By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Friday on worries about emerging markets and on mixed U.S. and European economic data, which offset a gain in TransCanada Corp after a U.S. report played down the impact building the company's Keystone XL pipeline would have on Canadian oil sands development. The U.S. State Department report raised the pressure on President Barack Obama to approve the TransCanada project, which environmentalists oppose strongly, saying it will increase the pace of climate change by encouraging oil sands growth. Also hurting the market, data from the euro zone showed inflation fell in January, missing market expectations and coming in below the European Central Bank's target. The Toronto Stock Exchange's benchmark index ended a choppy week in the red, capping off a string of steep dives and sharp gains. Full Story | Top |
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