Energy and Environment News Roundup – 10.8.14

A daily roundup of the most important energy, environment, and climate news from around the world.

CLIMATE 

Ocean acidification to cost global economy $1 trillion by 2100 (via BusinessGreen)

Sea level rise making floods routine for U.S. coastal cities (via Climate Central)

Canada’s federal watchdog says it will fail to meet climate goals without new policies (via Climate Progress)

ENERGY POLICY 

Less severe weather means lower expected household heating bills this winter (via U.S. EIA)

Texas uses the most electricity, burns nearly the most fuel (via Houston Chronicle)

RENEWABLES 

Solar to beat wind to wholesale grid parity in Europe (via PV Tech)

Chile top renewables market on sunny desert, windy shores (via Bloomberg)

UK confirms cuts to large-scale solar support (via PV Tech)

Study: Renewables as green as you’d expect (via Climate Central)

Solar debt financing on pace to reach highest mark since 2010 (via Bloomberg)

DOE study finds offshore wind can save U.S. billions on electricity (via NRDC Switchboard)

Drought reveals water-energy connection, cutting California hydropower in half (via Greentech Media)

Massachusetts offshore wind auction coming in 2014 (via Recharge News)

Massachusetts raises solar net metering cap for businesses, municipalities (via Renewable Energy World)

Bill to repeal Michigan renewable energy standard faces long odds (via Midwest Energy News)

Novozymes looks beyond “fantasy fuel” it helped turn into reality (via Retuers)

SolarCity to finance rooftop panels in shift from leasing (via Bloomberg)

SolarCity loan deal could propel rooftop market (via Houston Chronicle/AP)

SolarCity CEO: Half of new business by end of 2015 could be solar loans (via Greentech Media)

EMISSIONS 

Judge dismisses Nebraska lawsuit against EPA (via San Francisco Chronicle/AP)

OIL 

EIA sees lower OPEC output, weaker demand growth in 2015 (via Reuters)

Lower demand, higher supply drive oil prices to lowest level since 2012 (via U.S. EIA)

Shale boom tested as sub-$90 oil threatens U.S. drillers (via Bloomberg)

Keystone XL be darned: Canada finds oil route around Obama (via Bloomberg)

Crude oil export studies coming soon, says U.S. EIA (via The Hill)

TRANSPORTATION 

Lamborghini unveils first plug-in hybrid at Paris Motor Show (via Inhabitat)

Airlines fly the skies on a sugar high (via New York Times)

NATURAL GAS 

Pennsylvania pursues record $4.5 million fine against gas driller (via AP)

ENERGY EFFICIENCY 

Global energy efficiency market worth $310 billion and growing, says IEA (via BusinessGreen)

Energy efficiency remains hottest sector within clean tech (via Energy Manager Today)

ThyssenKrupp reduces manufacturing energy use 38% in 3 years (via Energy Manager Today)

Constellation, Comverge plan to merge their C&I demand response offerings (via Greentech Media)

ENVIRONMENT

Californians make big cuts in water usage, says report (via Los Angeles Times)

Drought a ”slow-motion disaster” for Western states (via Arizona Republic) 

OPINION 

Australia crushes its renewable energy industry (via Sustainable Business)

While critics debate Energiewende, Germany gains a global advantage (via The Energy Collective)

Four reasons pay-as-you-go solar financing is unlocking energy access for all (via Huffington Post)

How grid efficiency went south (via New York Times)