In this edition, Politico introduces the renewable energy and oil interest background of confirmed Republican vice-presidential candidate Paul Ryan. From the other side of the world, Australian and New Zealand carbon markets are in focus with Bloomberg’s “Australia Discussing Possible Changes in Carbon-Price System” and some New Zealand coverage on its ETS loophole.
Quote of the Day:
“I firmly believe the green sector will mimic the high-tech sector and the job creation that came with it.”
–Richard Sandor, chairman and CEO of Environmental Financial Products LLC, in Crain’s “’Father of carbon trading’ predicts growth in clean-tech startups”
‘Father of carbon trading’ predicts growth in clean-tech startups
Crain’s Chicago Business
Richard L. Sandor was ahead of the curve in identifying the next big trend in finance, so many entrepreneurs are taking note of his enthusiasm for growth in green technology startups, particularly in the Midwest.
**RKB – A Chicago- and Midwest-focused interview, but another great opportunity to listen in on a sit-down with Dr. Sandor.
Paul Ryan’s energy record elates right, deflates greens
The environmental community fumed this weekend when Mitt Romney chose Paul Ryan as his running mate, condemning the House Budget Committee chairman’s crusade to slash clean energy funding while painting him as a bedfellow of Big Oil.
Australia Discussing Possible Changes in Carbon-Price System
Australia’s government is holding talks with businesses about possible changes in pricing for emission permits in a program started July 1.
ETS loophole to halve cost for NZ’s biggest carbon emitters
New Zealand’s acceptance of carbon credits banned from the European Union’s emissions trading scheme means major industrial greenhouse gas emitters face half the cost of carbon faced by emitters in Europe and other countries implementing carbon-pricing schemes.
Data gaps hobbling trial carbon markets
Late last October, China’s top economic planning body – the National Development and Reform Commission – instructed the cities of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, plus Hubei and Guangdong provinces, to get ready to run carbon-trading trials.
Could Beijing’s smog prove the shape of things to come?
Cities globally are on track to replicate the notoriously poor air quality experienced in parts of East Asia, unless urgent action is taken to accelerate the roll out of clean technologies and tighten air pollution rules.
The Search for Energy Takes a Turn Underwater
The New York Times
The fearsome tides that sweep out from the easternmost shores of the United States have for more than 80 years teased engineers and presidents like Franklin D. Roosevelt, who have dreamed of harnessing their force to make electricity.
The Physics of Tidal Energy
The New York Times Green blog
As my colleague Jess Bidgood reported in Friday’s paper, a tidal energy project is moving ahead in Maine, with high costs but high hopes too. But the 180-kilowatt unit that Ocean Renewable Power Company hopes to put under water next week is really just a first step. The big question is, how well will it withstand the force of the rushing water?
REDD+ within reach in rural Brazil
Forest News from Center for International Forestry Research
Agricultural reform settlements in the Brazilian Amazon have often been associated with high deforestation rates, thus they seem as a natural target for initiatives to reduce emissions from deforestation and degradation (REDD+). However, differences in the deforestation history and levels of economic development among settlements may have important implications for the design of such initiatives, say scientists.
ACCO & White House Council on Environmental Quality
September 24-25, 2012
Carbon Forum North America
October 1-2, 2012
Sustainability Summit – Innovation Challenge
October 9, 2012
EMA 2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA
Profits on Carbon Credits Drive Output of a Harmful Gas
The New York Times
When the United Nations wanted to help slow climate change, it established what seemed a sensible system.
Icao progress could trigger EU ETS change — BA
Progress through the UN’s International Civil Aviation Organisation (Icao) could be the trigger to enable the EU to amend its emissions trading scheme (ETS), environmental chief British Airways (BA) Jonathon Counsell said.
Power Assure to help emerging-market data centers monetize carbon credits
Data center infrastructure management (DCIM) vendor Power Assure has teamed up with Carbonomics, a consultant that helps companies navigate the convoluted carbon-credit trading market, to help data center operators in developing countries cut energy use of their facilities and turn the savings into carbon-emission credits they can sell to companies in the developed world.
Aircraft owners seek shelter from EU ETS law breaches
International tension over the EU’s law making all airlines flying in and out of Europe pay for their carbon emissions has prompted firms that lease planes to airlines to change the terms of their contracts, lawyers familiar with the situation said.
Chesapeake Says U.S. Conducting Antitrust Probe
The Wall Street Journal
Chesapeake Energy Corp. CHK -3.10% said Thursday that the U.S. Department of Justice is conducting an antitrust investigation into its oil- and gas-leasing activities.
Canada pipeline firms to boost PR effort after big spills
Widespread concern about high-profile ruptures involving Canadian pipelines shows the industry has not done a good enough job of demonstrating how safe it really is, a top industry official said on Thursday.
Green Infra to Ditch Supplier-Led India Wind Farm Model
Green Infra Ltd., backed by IDFC Private Equity, will start developing wind farms from scratch next year, ditching a business model in India that favors dominant turbine supplier Suzlon Energy Ltd. (SUEL) over competitors such as General Electric Co. (GE).
Wind energy in Michigan is ‘on the edge of a cliff’
Detroit Free Press
With the auto industry on the verge of collapse in 2008, former Michigan Gov. Jennifer Granholm and other state officials were eager to diversify the economy and create thousands of jobs by making a big push into alternative energy.
The Secret to Solar Power
The New York Times
Most mornings, Danny Kennedy hops on a bike with orange saddlebags and rides half an hour from his home to Oakland’s Jack London Square. He makes for quite a picture cruising down Telegraph Avenue, decked out as he often is in an orange helmet, orange jacket and orange leather Adidas shoes.
Kulczyk bids $202 million for green energy firm PEP
Jan Kulczyk, Poland’s richest man, has offered 671 million zlotys ($202 million) for green energy firm PEP PEPP.WA which put itself up for sale earlier this year.
Report undermines need for power sale
NSW will not need a new power generator for another 10 years, says a report that has raised questions about the government’s decision to sell the state’s generators to avoid the need to spend billions of dollars on boosting future supply.
Japan prepares to tap into geothermal power
BEFORE last year’s triple disaster in north-east Japan, Tsuchiyu drew tens of thousands of tourists in search of the recuperative qualities of its piping-hot spring water.
German infrastructure bank talks up 100bn euro green investment plan
Germany’s national infrastructure bank KfW has this week confirmed it has cranked up its investment in renewable energy and energy efficiency projects, revealing that it now plans to provide 100bn euro of finance to the country’s green economy over the next five years.
Candidates split over extending tax credit for wind energy producers
The Washington Post
President Obama and presumptive Republican nominee Mitt Romney clashed last week over a federal tax credit for businesses that produce wind and other alternative energy.
Wind credits, part 1: The Obama campaign’s jobs projections
The Washington Post
Mitt Romney’s campaign last week expressed opposition to the federal tax break for wind energy, drawing a stark contrast with President Obama and alienating the Republican candidate from certain members of his party, namely Sen. Chuck Grassley (R-Iowa), who sponsored the original tax credit in 1992 and is pushing for an extension this year.
Advancing Technology for America’s Transportation Future (Posted August 6, 2012)
Benchmarking Air Emissions Of the 100 Largest Electric Power Producers in the United States (Posted July 31, 2012)
Per capita CO2 emissions in China reached European level (July 18, 2012)
The Interim Regulation of Voluntary Greenhouse Gases Emission Trading in China (Posted July 10, 2012)
The Climate Group
Measure for Management: C40 Cities (July 9, 2012)
Carbon Disclosure Project