In today’s edition: Nasdaq OMX Suspends Trade in EU CO2 Permits for September, says Bloomberg. Experts Weigh In: Will California Meet Its RPS? says Renewable Energy World, which also offers India Set To Replicate its IT Sector Success with Solar Energy.

Quote of the Day:

“Reducing carbon intensity by 10 percent over five years is laudable, but I wonder if we’re not stuck in a trend where everyone is focused on the little efficiency gains they squeeze out here and there. At the end of the day, these just pale in comparison to the rate of consumption. In terms of climate, we’re really losing the battle, even if we’re making small gains here and there.”

-Kevin Ummel, project manager of the Center for Global Development’s Carbon Monitoring for Action, in AFP’s “Carbon efficiency failing to fight warming: study”

Lead Stories

Nasdaq OMX Suspends Trade in EU CO2 Permits for September
Bloomberg
Nasdaq OMX Group Inc. will suspend trading of September carbon allowances under the European Union’s emissions trading system and United Nations Certified Emission Reduction credits due to changes to a registry.
http://jlne.ws/PX5jeP

Study: Carbon tax could raise $1.5 trillion
The Hill’s E2 Wire
Taxing carbon would generate $1.5 trillion, potentially giving politicians cover from making politically difficult decisions on taxes and social spending cuts, according to a study by the Massachusetts Institute of Technology (MIT) released Monday.
http://jlne.ws/U79RA1

THE STUDY: Carbon Tax Revenue and the Budget Deficit: A Win-Win Solution?
http://jlne.ws/Ri3So8

For Climate Change, a Possible Trial Could Echo the Scopes Monkey Case
The New York Times
Eighty-seven years ago, people and organizations who believed in freedom of scientific inquiry arranged for a test case of Tennessee’s law against teaching the theory of evolution. The result was theater so cogent that it was later distilled as the play “Inherit the Wind.”
http://jlne.ws/NtA8d4

Private sector must fund bulk of green energy: EIB
Reuters
Most of the funding for Europe’s push into green energy needs to come from the private sector, the president of the EU’s long-term lending arm said on Monday, adding that the continent’s credibility hinged on its ability to manage the shift.
http://jlne.ws/PnSKqy

Cooled Coal Emissions Would Clean Air and Lower Health and Climate-Change Costs
Science Daily
Refrigerating coal-plant emissions would reduce levels of dangerous chemicals that pour into the air — including carbon dioxide by more than 90 percent — at a cost of 25 percent efficiency, according to a simple math-driven formula designed by a team of University of Oregon physicists.
http://jlne.ws/PlWzRh

Carbon efficiency failing to fight warming: study
AFP
A surge in carbon emissions from power demand in the developing world is overwhelming progress by nations including China and the United States in improving efficiency, new research shows.
http://jlne.ws/PN3Ci1

Experts Weigh In: Will California Meet Its RPS?
Renewable Energy World
In the state with the most aggressive RPS in the continental U.S., opinions are mixed about whether or not California will be able to meet the goal of 33 percent renewables by 2020.
http://jlne.ws/OFUD2Q

Stockholm Water Week Focuses on Waste, Water Efficiencies
Bloomberg
World Water Week opened today in Stockholm with industry executives and scientists from at least 100 nations discussing how to reduce food waste and use water more efficiently in agriculture and at home.
http://jlne.ws/PKtz4s

US Awards $7 Million To Promote Cross-Border Water-Quality Trading
Ecosystem Marketplace
Scores of water-quality trading programs are under development across the United States, but few have reached the operational stage and most are limited to parts of watersheds within specific jurisdictions.  The United States Department of Agriculture (USDA) is changing that with targeted funding for programs that develop market-infrastructure and a support network to be operational by September.
http://jlne.ws/Ri27HM

Biofuels industry to Obama: Hang tough on renewable fuel standard
The Hill’s E2 Wire
The biofuels industry on Monday urged President Obama to resist persistent calls from governors and lawmakers to relax the renewable fuel standard (RFS), claiming dropping support for it would do little to combat high corn prices.
http://jlne.ws/NtyXKA

Military Spending on Biofuels Draws Fire
The New York Times
When the Navy put a Pacific fleet through maneuvers on a $12 million cocktail of biofuels this summer, it proved that warships could actually operate on diesel from algae or chicken fat.
http://jlne.ws/OouGTw

Events

GreenGov Symposium
ACCO & White House Council on Environmental Quality
September 24-25, 2012
http://jlne.ws/OfOB9D

Carbon Forum North America
October 1-2, 2012
Washington, DC
http://jlne.ws/zDe43B

Sustainability Summit – Innovation Challenge
October 9, 2012
New York
http://jlne.ws/wKbX7U

EMA  2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA
http://jlne.ws/NIFCwM

Carbon

Airbus eyes big orders during Merkel visit to China
Reuters
Airbus hopes to win orders to sell up to 100 A320 planes to China when German Chancellor Angela Merkel visits the country this week, industry sources said on Monday.
http://jlne.ws/RTvWVz

CO2 market faces downside at climate talks – CMIA
Argus
There is limited upside for the carbon market at the UN’s Conference of the Parties (Cop) climate summit in Doha, Qatar, at the end of this year, but there is a “huge potential downside”, director of Climate Markets and Investment Association (CMIA) Miles Austin said.
http://jlne.ws/Tm7Q0S

Natural Gas/Coal

T. Boone Pickens: Critics Of Fracking Don’t Know What They’re Talking About
Business Insider
T. Boone Pickens has one question for those who oppose fracking: What precisely is dangerous about it? The process, he told us, is not mysterious and has been practiced for ages.
http://jlne.ws/RhVoNV

Faculty Question SUNY-Buffalo About Fracking Institute
Bloomberg
State University of New York at Buffalo faculty are seeking more information on industry ties to an institute created to study fracking for natural gas.
http://jlne.ws/NyNL4D

COLUMN-EU energy market drive sees gas trading growth: Gerard Wynn
Reuters
Development of European gas hubs and regional markets contrasts with lagging efforts to diversify supplies from Asia, by-passing Russia, and will see a break with oil-indexed contracts.
http://jlne.ws/Pkp78d

Australia Treasurer says lower commodity prices won’t hurt budget
Reuters
Lower commodity prices won’t hurt Australia’s plan to return its budget to surplus by July 2013, Australian Treasurer Wayne Swan said on Tuesday, hosing down concerns that a peaking in resource prices will weaken government revenues.
http://jlne.ws/PkprE4

China Shenhua Energy says room for coal prices to rebound in H2
Reuters
China Shenhua Energy , the country’s largest coal producer that also owns power plants, railways and ports, said on Monday that coal prices have room to rebound in the second half of the year as inventories fall.
http://jlne.ws/MWLFAa

Power                

Offshore wind investors look to Baltic – 50Hertz
Reuters
50Hertz, one of Germany‘s four power network operators, sees growing investor interest in setting up offshore wind parks in the Baltic, as connection problems hamper growth in the North Sea, its chief executive said.
http://jlne.ws/SL5ElP

US solar PV market more than doubles to topple Europe
Business Green
The US solar photovoltaic (PV) market more than doubled in the first half to 2012 and is due to outstrip its European counterpart by the end of the year, analysts have said.
http://jlne.ws/Ri33vB

India Set To Replicate its IT Sector Success with Solar Energy        
Renewable Energy World
India is set to replicate its information technology (IT) sector success in solar energy. With every known business entity exploring its own agenda in the solar energy sector, the country is already at the starting point of an energy revolution.
http://jlne.ws/SKjbvv

Reports

Carbon Tax Revenue and the Budget Deficit: A Win-Win Solution? (Posted Aug. 27, 2012)
http://jlne.ws/Ri3So8

The 21st Century Corporation: The Ceres Roadmap for Sustainability (Posted Aug. 21, 2012)
Ceres
http://jlne.ws/ONwe8M

EPA REGULATIONS AND ELECTRICITY (Posted Aug. 16, 2012)
GAO
http://jlne.ws/NHwlos

European Power & Renewables Deals: Quarterly M&A outlook (Posted August 15, 2012)
Pricewaterhousecoopers
http://jlne.ws/TFZjaV

Advancing Technology for America’s Transportation Future (Posted August 6, 2012)
http://jlne.ws/MA2U6I

Benchmarking Air Emissions Of the 100 Largest Electric Power Producers in the United States (Posted July 31, 2012)
http://jlne.ws/QbRr0J

Per capita CO2 emissions in China reached European level (July 18, 2012)
http://jlne.ws/NAjBQQ

The Interim Regulation of Voluntary Greenhouse Gases Emission Trading in China (Posted July 10, 2012)
The Climate Group
http://jlne.ws/Mhv62s

Measure for Management: C40 Cities (July 9, 2012)
Carbon Disclosure Project
http://jlne.ws/L9LC37

View all reports >

Pin It on Pinterest

Share This Story