Subject: CC News - UBC nixes fossil fuel divestment, hydropower for oil sands, clean-energy deal signed, and more

UBC Divestment | Hydropower | Clean-Energy Deal
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Clean Capital
UBC board nixes fossil fuel divestment
Jonny Wakefield, 18 February 2016

The University of B.C.’s board of governors has decided not to sell off oil, gas and coal stocks from its portfolio, despite calls from faculty and students to do so.
Clean Capital
Hydro could power Alberta’s oil sands, but at a hefty cost
Maura Forrest, 18 February 2016
Hydropower could be used to power Alberta’s oil sands, but would probably not be viable without a price on carbon, according to a new study.

Clean Capital
Canada signs clean-energy deal with U.S. and Mexico
Arman Kazemi, 18 February 2016

Canada, Mexico and the U.S. have made a move towards stronger co-operation on climate change and clean energy.

Other News
  • CanWEA pulls out of B.C.
    The Canadian Wind Energy Association has announced it is pulling out of B.C. to focus more on opportunities in Alberta and Saskatchewan. The organization says it hasn’t secured any “significant new opportunities” for wind energy in B.C. It also claims that the provincial government and BC Hydro have no plans for a new call for power within the next 10 years.
  • B.C. acknowledges LNG setback
    The B.C. government has admitted it won’t meet its own targets for a liquefied natural gas industry in the province. It’s blaming low global prices for the failure of LNG to materialize as the next big boon for the province’s economy. In 2013, B.C. promised $100 billion in LNG revenue and a first export plant to come online this year.
  • Supreme Court delays Clean Power Plan
    The U.S. Supreme Court has put a temporary hold on President Barack Obama’s Clean Power Plan. The decision indicates that the coalition of 27 states and industry players challenging the new regulations have made strong arguments against the plan. The plan would require carbon-dioxide emissions from power plants to decrease by one third by 2030.
Made possible by:
Pacific Institute for Climate Solutions
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