In today’s edition: Reuters’ analysis covers “Green growth not targets needed for 2015 climate deal,” while International Herald Tribune reports “U.S. Fight Against E.U. Airline Emissions Plan Heats Up.” From the U.K., the Telegraph offers “Water firms ‘should worry less about quality and more about price.’”
Quote of the Day:
“This kind of flexible, evolving legal agreement cannot guarantee that we meet a two degree goal, but insisting on a structure that would guarantee such a goal will only lead to deadlock. It is more important to start now with a regime that can get us going in the right direction and that is built in a way maximally conducive to raising ambition, spurring innovation, and building political will.”
–U.S. Climate Change Envoy Todd Stern in Business Green’s “US signals desire to axe global two degree climate goal”
US signals desire to axe global two degree climate goal
International negotiations to agree a new global climate change treaty should ditch previous commitments to limit warming to two degrees centigrade in favour of a more “flexible” legal agreement, according to the US’ top climate change official.
Analysis – Green growth not targets needed for 2015 climate deal
Green economic growth rather than strict targets for cutting greenhouse gases needs higher priority if the world is to reach a deal to fight climate change by a 2015 deadline.
Fracking Debate Racks South Africa
The Wall Street Journal
Africa’s biggest economy is running dangerously short of energy, even as the country sits atop what geologists say could be substantial gas reserves.
U.S. Fight Against E.U. Airline Emissions Plan Heats Up
International Herald Tribune
A meeting of 17 non-European nations hosted by the U.S. State and Transportation departments in Washington last week ended with assurances that the participants were working toward curbing their emissions from aviation.
NGOs urge Obama not to undermine ICAO efforts
Reuters Point Carbon
Sixteen environmental groups on Friday urged President Barack Obama not to give into pressure by the U.S. airline industry to file an action under the U.N.’s aviation body to block an EU law requiring all foreign airlines to participate in its carbon trading system.
Water firms ‘should worry less about quality and more about price’
Water regulation needs to move away from its focus on improving quality and concentrate instead on driving down price, a former chief regulator argues in a report published today.
U.K. Pledges 100 Million Pounds for Energy Investment Funds
Deputy Prime Minister Nick Clegg will pledge 100 million pounds ($156 million) for two investment funds that seek to back renewable and energy efficient projects.
Democrat tables carbon tax bill
Democrat Congressman Jim McDermott has become the latest politician to try and deliver a US carbon pricing mechanism, after last week tabling a bill in the House of Representatives that would result in a new national tax on carbon emissions.
Great Bear Forest To Be Massive Carbon Offset Project
Cameron Hill was barely a teenager when loggers descended onto Gitga’at First Nation territory in the early ’80s, clear-cutting vast stands of old-growth cedar in the midst of what is now known internationally as the Great Bear rainforest. “We still have huge blocks of our territory decimated from those clear cuts,” says Hill, now 44, a band councillor and school teacher in the remote north coast village of Hartley Bay. “The land was raped while we watched, and we don’t ever want to see that again.”
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
SFW to provide expertise to leading international consultancy, Ecofys, to support China’s carbon market
Beijing, People’s Republic of China, 6th August 2012 – Ecofys has been selected as consultant for a technical assistance (TA) project, officially launched in May 2012, which will help Tianjin develop a pilot emissions trading scheme (ETS). The project is the first major ETS project commissioned by a large international donor, the Asian Development Bank (ADB), in support of ETS development in China. The Chinese government plans to launch a national carbon market by 2015 utilising experiences gained from developing seven regional pilot schemes. The municipalities of Beijing, Shanghai, Shenzhen, Chongqing, and the provinces of Guangdong and Hubei are the chosen Chinese regions selected to develop the pilots.
Coalition woos farmers with shorter carbon storage plan
The Sydney Morning Herald
THE Coalition is planning to pay farmers to store carbon in their fields for just 25 years in its bid to use soil carbon to meet 60 per cent of Australia’s efforts towards long term greenhouse gas reduction.
Obama, Romney battle for pro-coal mantle
The Hill’s E2 Wire
President Obama’s campaign hopes to flip the political script on Mitt Romney in Ohio — a coal-reliant battleground state — with an ad highlighting Romney’s 2003 claim that a Massachusetts coal-fired power plant “kills people.”
Chesapeake Second-Quarter Profit Rises on Asset Sale
The Wall Street Journal
Chesapeake Energy Corp. CHK -1.06% reported higher profit but growing debt in its second quarter as the natural-gas giant detailed plans to raise more cash by shedding assets.
Utility, coal execs: US needs national energy plan
America needs a national energy policy that specifically includes the use of fossil fuels and creates a stable regulatory environment that encourages growth and job creation, executives in the coal, natural gas and electricity industries said Monday.
Canada embracing China’s post-Keystone tar sands bid
The Washington Times
China’s bid for a bigger stake in the booming tar sands oil fields of Canada has some American lawmakers flustered, but the deal is likely to be approved anyway by Canadian officials fed up with Washington’s delays on the stalled Keystone XL pipeline.
India’s infrastructure woes, in two charts
Last week’s massive electric-grid failure in India didn’t just leave 700 million people without electricity for days. It also gave rise to a sharp debate on what the blackouts might mean for the future economic prospects of the world’s second most-populous country. Over the weekend, Jonathan Shainin wrote a colorful dispatch for the New Yorker noting that the grid collapse provoked plenty of anxiety among Indian politicians about the country’s status as a rising superpower.
Cesp Aging-Asset Costs Rise on Brazilian Government Rule
Cia. Energetica de Sao Paulo, the state electricity utility, is letting its assets age faster than any other company in Brazil as it awaits a government decision on whether power-generation contracts will be renewed.
Fulcrum BioEnergy Gets U.S. Guarantee to Make Ethanol From Trash
Fulcrum BioEnergy Inc. (FLCM), a U.S. biofuel company that’s planning an initial public offering, received a $105 million conditional U.S. loan guarantee for its first commercial facility.
Romania’s EnergoBit to Invest $49 Million in Wind Farm, ZF Says
Romanian energy-equipment maker EnergoBit Group SA plans to invest 40 million euros ($49 million) in a wind farm in the southeast of the country, Ziarul Financiar reported, citing one of the company’s owners.
Palm-Oil Stockpiles in Malaysia to Jump Most in 10 Months
Palm-oil stockpiles in Malaysia, the world’s second-biggest producer, probably climbed the most in 10 months in July as output increased and exports fell, easing supply concerns as a drought cuts U.S. soybean yields.
GE Buys $156 Million Stake in Enel’s Minnestota Wind Farm
General Electric Co. (GE), the largest maker of power-generating equipment, bought 51 percent of a wind farm in southern Minnesota from Enel SpA. (ENEL).
Walmart Erects Its First Megawatt Wind Turbine In California
As Walmart installed solar panels on its 100th California store in San Diego last week, a 265-foot-high wind turbine was rising outside one of the retail giant’s distribution centers in the rural reaches of the Golden State.
Sparing Sewers All That Restaurant Grease
The New York Times
Every hour of every day, plants across the United States treat the waste that flows through the nation’s sewers. The process is energy-intensive. Wastewater treatment plants often consume more electricity than any other service a city provides — sometimes even as much as 30 to 40 percent of its overall energy consumption, according to the Environmental Protection Agency.
Meet the Guy Whose Tech Will Transform Solar Power…and He’s Giving it Away
Steve Nelson is an ordinary guy with an extraordinary vision. You’ve probably never heard of him or his company, Zenman Energy, but Nelson is the sort of regular guy whose name suddenly starts popping up in headlines one day, because his ideas have the potential to permanently change the energy game.
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
Characterizing Pivotal Sources of Methane Emissions from Unconventional Natural Gas Production (Posted June 4, 2012)
Vulnerability of US and European electricity supply to climate change (Posted June 4, 2012)
Nature Climate Change
Developing Dimension: State of the Voluntary Carbon Markets 2012 (Posted May 31, 2012)
Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy (Posted May 22, 2012)
Fossil fuel price shocks and a low carbon economy (Posted May 21, 2012)
Using the Allowance Value from California’s Carbon Trading System: Legal Risk Factors, Impacts to Ratepayers and the Economy (Posted May 17, 2012)
Inclusive Green Growth: The Pathways to Sustainable Development (Posted May 9, 2012)
Meeting Canada’s 2020 Climate Change Commitments (Posted May 8, 2012)
Office of Auditor General