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Energy David Turk - 2 Turk - 1 CNBC's Steve Sedgwick - 1 I've - 1 that's - 1 John Kerry - 1
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☆ China's emission reduction targets don't go far enough: U.S. deputy secretary for energy
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's emission reduction targets don't go far enough: U.S. deputy secretary for energyU.S. Deputy Secretary for Energy David Turk discusses countries' emissions targets, the need for big profit-making companies to invest more in the energy transition, and controversial comments at the COP28 summit.
Persons: Energy David Turk Organizations: Energy
☆ China's emissions targets not robust enough, U.S. energy chief says
  + stars: | 2023-12-04 | by ( Jenni Reid | ) www.cnbc.com   time to read: +3 min
watch nowChina's current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. Climate Action Tracker, an independent scientific review project, currently rates China's climate targets as "highly insufficient," and the U.S.'s as "insufficient." Another example of a tough question that needed addressing, Turk said, was on Scope 3 emissions — a measurement of direct and indirection emissions. "Many oil and gas companies, their Scope 3 emissions are 10 times Scope 1 and Scope 2 combined. watch nowOil and gas companies are currently "making an awful lot of profit," but only 1% of spending globally for clean energy is coming from oil and gas companies, he said.
Persons: Energy David Turk, Turk, CNBC's Steve Sedgwick, I've, that's, John Kerry Organizations: Energy, United Nations, U.S, Exxon, CNBC Locations: U.S, Paris, China
☆ North Carolina substation attack raises security concerns for U.S. electric grid
  + stars: | 2022-12-07 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Phil Mccausland | ) www.nbcnews.com   time to read: +10 min
The recent attack on two North Carolina substations that cut power to thousands of people has raised concerns about security standards for the country’s electric grid and its numerous power stations, which have faced greater threats in recent years. Nearly 600 electric emergency incidents and disturbances were caused by suspected and confirmed physical attacks and vandalism on the electric grid in those nine years, the reports show. The incidents, which are self-reported by power companies to the federal government, provide little to no detail about what occurred. Paths forward for a new standardThose who want a new security standard said there remain significant bureaucratic headwinds against such a proposal. The North American Electric Reliability Corporation, a nonprofit originally created by the electricity industry, said it created security requirements based on risk, rather than a one-size-fits-all approach.
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