Summary

In today’s edition, China could do so well in fighting emissions that it could face pressure to do more, predict Todd Stern. Still on China, operators of two local pilot carbon-trading programs in China are urging designers of a national trading scheme to avoid allocating more emissions quotas than the market needs in order to avoid some of the supply imbalances the European Union has experienced with its own program (in the Carbon section). Finally, in a weird post-mortem twist, we learn that Bin Laden called for Americans to rise up over climate change.  

Quote of the day

“In 2020, if anyone can see clearly that China is going to peak its carbon emissions earlier than 2030 and that it will post well above a 65 per cent improvement in carbon intensity, then it will be up to the Chinese government to decide whether to increase targets. But obviously there are going to be a lot of public and international opinions looking forward to additional measures.” 

Todd Stern, the US special envoy on climate change, in the South China Morning Post’s story China will face pressure to do more if climate goals ‘too easy’: US official 

Lead stories

EU Sees Current Climate Targets as Priority After Paris Deal 
By Ewa Krukowska – Bloomberg News 
The European Union should focus on enacting rules to meet existing climate targets for 2030 rather than move to stricter goals in immediate reaction to a global pollution-reduction agreement reached last year, according to the EU regulatory arm. 
http://jlne.ws/1TT5Gbm

China will face pressure to do more if climate goals ‘too easy’: US official 
By Li Jing – South China Morning Post  
A senior US climate official said countries that set climate goals that were “too easy” could face international pressure to ratchet them up. 
http://jlne.ws/1WVuNtn 

Bin Laden called for Americans to rise up over climate change 
By Jonathan Landay – Reuters  
Osama bin Laden wrote a letter calling on the American people to help President Barack Obama fight “catastrophic” climate change and “save humanity”, in the latest evidence of his worries about environmental issues, newly released documents show. 
http://jlne.ws/21EgkZI 
***LB: Also in this story “The letter was among materials that were seized in the May 2, 2011, U.S. raid on bin Laden’s hideout in Pakistan that killed the al Qaeda chief and which were released on Tuesday by the Obama administration.”

Events 

The Wall Street Green Trading Summit  
Columbia University Club, New York 
March 14, 2016 
http://jlne.ws/doFbLA

Northeast RECs Regional Thought Leader Round Table 
March 23, 2016 
Environmental Markets Association 
Office of Dentons, 1221 Avenue of the Americas, New York 
http://jlne.ws/1mg7iOT

Navigating the American Carbon World (NACW) 2016 
Climate Action Reserve 
May 4-6, 2016 
San Diego, California 
http://goo.gl/Ah5s1I

CARBON EXPO 2016 
Global Carbon Market Fair and Conference 
May 25-27, 2016 
Cologne 
http://jlne.ws/1mg8bqR

Cleantech Innovate Scotland 
June 9, 2016 
http://jlne.ws/1mg6nOG

Carbon  

China Urged to Avoid Excess Carbon Quotas in National Trading
Bloomberg News
Operators of two local pilot carbon-trading programs in China are urging designers of a national trading scheme to avoid allocating more emissions quotas than the market needs in order to avoid some of the supply imbalances the European Union has experienced with its own program. 
http://jlne.ws/1QMk0Nx

Natural gas / coal 

Statistics From China Say Coal Consumption Continues to Drop 
By Edward Wong – The New York Times  
China has released new statistics indicating that it used less coal last year than in 2014, lending support to the view that the country, the world’s largest emitter of carbon dioxide, may be reaching a peak in coal consumption. 
http://jlne.ws/1WVvkf0 

Obama’s Not Really Waging a War on Coal — But China Is 
By Jake Bleiberg – Vice News  
Roughly 1.3 million Chinese workers will climb out of mines in the coming years and file out of coal-fired power plants for the last time. 
http://jlne.ws/1TT7O2N 

Greenpeace says China increasing coal-fired capacity 
By Adam Rose – Reuters  
Greenpeace East Asia said on Wednesday that China had a total of 210 coal power projects in the pipeline”for environmental assessment permitting at the end of 2015, despite overcapacity in the industry and pollution concerns. 
http://jlne.ws/1SjdAuT 

Thousands to march against coal plant threat to Bangladesh’s Sundarbans forest 
By Jeremy Hance – The Guardian  
Thousands of Bangladeshis will march from the country’s capital, Dhaka, to the world’s biggest mangrove forest next week in protest at plans to build two coal-power plants on the edge of the World Heritage-listed forest. 
http://jlne.ws/1LWcA9e 

Natural-gas futures sink to 17-year low 
By Myra P. Saefong – Market Watch 
Natural-gas futures dropped to their lowest level in 17 years on Wednesday with warmer-than-normal weather expected to contribute to a below-average fall in weekly U.S. supplies of the heating fuel. 
http://jlne.ws/1Y2MvfQ

Power

This Huge New Solar Farm Near Las Vegas Provides Power—Even At Night 
Co.exist  
Solar power keeps getting cheaper, but there’s a reason why utilities still turn to fossil fuels: it’s expensive to store solar energy for use at night or on a cloudy day, times when solar doesn’t work. 
http://jlne.ws/1QsybrX 

China, U.S. Lead Global Boom in Wind Power 
By Bobby Magill – Climate Central  
Wind power had a big year worldwide in 2015 as China became the leader in wind power production capacity while the U.S. kept its top spot in electricity actually produced from wind turbines, according to new data released by the Global Wind Energy Council. 
http://jlne.ws/1oQeeE5

Clean tech

Prime Minister Trudeau Commits $150 Million to Two Cleantech Funds 
Cleantech Investing  
Justin Trudeau is voicing his support for Canadian cleantech at the opening plenary session of the Glob clean tech conference in Vancouver, where Trudeau and B.C. Premier Christy Clark will discuss environmental innovation and the investment and job opportunities that come with it. 
http://jlne.ws/1ninMqh 

Citron exec: This is Tesla’s biggest problem 
By Fred Imbert – CNBC 
Shares of Tesla Motors will have a hard time going higher because of the news surrounding the company, Andrew Left, Citron Research’s executive editor, said Wednesday. 
http://jlne.ws/1RIg43I

Water 

Billions of People Got Clean Water in the Past 25 Years 
By Nicole Washington – National Geographic  
Around the world, 663 million people don’t have access to clean drinking water. That’s about nine percent of the world’s population. 
http://jlne.ws/1WVwEhH

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