In today’s Leads section, developments for California’s market. The Sacramento Bee reports Sacramento judge tentatively says state can auction air quality credits in California. From Washington, The Hill’s E2 Wire reports Senators to Obama: Don’t let Keystone decision drag into 2014. That’s four senators – two from each party.

Quote of the Day:

“We cannot sit by while excuse after excuse delays jobs in Montana and across the country. We’ve had years of studies and the President’s own State Department has repeatedly concluded the environment won’t be harmed. It’s past time to put Americans to work building the Keystone pipeline.”

–U.S. Sen. Max Baucus (D-Mont.) in The Hill’s “Senators to Obama: Don’t let Keystone decision drag into 2014”

Lead Stories

Sacramento judge tentatively says state can auction air quality credits in California
The Sacramento Bee
California’s cap-and-trade carbon auctions are within the authority of the state Air Resources Board under a 7-year-old law aimed at addressing global warming, a Sacramento judge has tentatively ruled.

Energy Dept. unveils new efficiency regs
The Hill’s E2 Wire
The Obama administration proposed a pair of energy efficiency regulations Thursday for certain appliances it says will slash energy bills and carbon emissions.

Report: Keystone XL will drive oil sands growth, boost emissions
The Hill’s E2 Wire
The Keystone XL pipeline will expand oil sands production in Canada by 36 percent, and therefore, ramp up carbon emissions, according to a report released Thursday by environmental groups.
**RKB — THE REPORT: Fail: How the Keystone XL Tar Sands Pipeline Flunks the Climate Test, Here.

Grid Congestion for Renewable Energy May Expand to South Japan
Power grids in southern Japan are close to capacity for solar and wind projects as the country pushes to add stations that derive power from clean energy.

Brazilian Biomass, Hydropower Developers Biggest Auction Winners
Developers of power plants in Brazil that run on biomass and hydroelectricity won the biggest share of contracts to sell electricity to distributors in a government-organized auction.

Senate Joins Probes of J.P. Morgan Energy Trading
The Wall Street Journal
J.P. Morgan Chase& Co.’s electricity-trading activity has caught the attention of another set of government investigators.

Political conflict deterring green investors from coming to the UK
Utility Week
The open political conflict within the government on climate and resource issues is deterring green investors from coming to the UK, according to think-tank Green Alliance.

REDD+ Finance: Where Next?
Ecosystem Marketplace
In bringing together the views of a number of initiatives tracking REDD+ finance, this series has highlighted why there isn’t a single aggregate figure for global REDD+ finance flowing. Despite this, we are increasingly able to assess where finance is coming from, how it flows through different channels and funds to recipient countries and eventually to REDD+ projects and activities on the ground. But knowledge remains incomplete and we are still faced with challenges and gaps that make it difficult to make comprehensive and conclusive remarks about the state of REDD+ finance.


Water and Society 2013
September 4-6
New Forest, U.K.

EMA’s 17th Annual Meeting
September 25-27
Las Vegas, Nevada

Climate Strategies Forum
Association of Climate Change Officers
October 14-17
Washington, D.C.

Verge: Where Tech Meets Sustainability
October 14-17
San Francisco, California

FT Global Shale Energy Summit
October 21

Solar Power International
October 21-24

Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA


How Forest Carbon Projects Protect Themselves From Political Risk
Ecosystem Marketplace
In 2011, a few years after US-based land-use carbon consultant Terra Global Capital (TGC) launched its Oddar Meanchey REDD Project in Cambodia, it asked the Overseas Private Investment Corporation (OPIC) to shield its investment from political risk.

City falls short of achieving carbon neutral status
Nanaimo Daily News
The City of Nanaimo managed to reduce its overall operational greenhouse gas emissions last year, but will have to pay into a regional fund to compensate for falling short of achieving carbon neutral status.

Natural Gas/Coal/Alternative Fuels

Senators to Obama: Don’t let Keystone decision drag into 2014
The Hill’s E2 Wire
Four senators – two from each party – say President Obama should not allow a State Department inspector general (IG) probe of the Keystone XL pipeline review process to further delay a final permit decision.

Brazil’s Ethanol Imports Seen Doubling by USJ on Local Pickup
Brazil ethanol imports, mainly from the U.S., probably will almost double this season as consumption grows for the first time in four years, according to Grupo USJ.


U.S. Providing $16 Million to Capture Power From Tides and Waves
The U.S. Energy Department is providing $16 million to back 17 projects related to capturing power from waves and tides.

Wind Surge Saps Bondholder Hope for Energy Future Payout
For the first time, Texas is connecting most of its wind farms to its largest cities. That’s bringing cheap electricity into the service area of Energy Future Holdings Corp., bad news to holders of $32 billion of the power company’s debt from the biggest-ever leveraged buyout.


India Renewable-Credit Trades Plunge as Enforcement Lags
Renewable-energy credit trading in India slumped to a record-low this month as states failed to enforce rules requiring utilities, steelmakers and mining companies to buy the allowances.


San Miguel to Join With Korea Water to Acquire Angat Hydro Plant
San Miguel Corp. (SMC), the Philippines’ biggest company, will join forces with Korea Water Resources Corp. to acquire the 218-megawatt Angat hydroelectric plant near the capital Manila.


The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance

Sub-national involvement in NAMA development (posted August 7, 2013)
Ecofys’ International Climate Policies Unit

U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank

Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)

Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Ecosystem Marketplace

Mapping carbon pricing initiatives: developments and prospects (Posted May 30, 2013)
World Bank

Extreme Weather and Climate Change in the American Mind April 2013 (Posted May 1, 2013)
Yale Project on Climate Change

View all reports >

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