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”

Lead Stories

US signals desire to axe global two degree climate goal
Business Green
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.
http://jlne.ws/Q6ZSGu

Analysis – Green growth not targets needed for 2015 climate deal
Reuters
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.
http://jlne.ws/OIshq4

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.
http://jlne.ws/OImEIA

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.
http://jlne.ws/MJCVK5

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.
http://jlne.ws/O1S6Qc

Water firms ‘should worry less about quality and more about price’
The Telegraph
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.
http://jlne.ws/OLEhEW

U.K. Pledges 100 Million Pounds for Energy Investment Funds
Bloomberg
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.
http://jlne.ws/OIpflF

Democrat tables carbon tax bill
Business Green
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.
http://jlne.ws/NfoZse

Great Bear Forest To Be Massive Carbon Offset Project
Ecosystem Marketplace
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.”
http://jlne.ws/O1VSZS

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

SFW to provide expertise to leading international consultancy, Ecofys, to support China’s carbon market
Press Release
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.
http://jlne.ws/MsMUbd

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.
http://jlne.ws/OLExUn

Natural Gas/Coal

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.”
http://jlne.ws/TbFbgH

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.
http://jlne.ws/RSDy51

Utility, coal execs: US needs national energy plan
AP
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.
http://jlne.ws/OLDq6W

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.
http://jlne.ws/N9PfG6

Power

India’s infrastructure woes, in two charts
Washington Post
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.
http://jlne.ws/MJKgct

Cesp Aging-Asset Costs Rise on Brazilian Government Rule
Bloomberg
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.
http://jlne.ws/OGMUQB

Fulcrum BioEnergy Gets U.S. Guarantee to Make Ethanol From Trash
Bloomberg
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.
http://jlne.ws/Re2YMW

Romania’s EnergoBit to Invest $49 Million in Wind Farm, ZF Says
Bloomberg
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.
http://jlne.ws/N9HhwM

Palm-Oil Stockpiles in Malaysia to Jump Most in 10 Months
Bloomberg
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.
http://jlne.ws/P0gzZ2

GE Buys $156 Million Stake in Enel’s Minnestota Wind Farm
Bloomberg
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).
http://jlne.ws/NxDiWF

Walmart Erects Its First Megawatt Wind Turbine In California
Forbes
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.
http://jlne.ws/OLDcwL

CleanTech

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.
http://jlne.ws/NxCp0d

Meet the Guy Whose Tech Will Transform Solar Power…and He’s Giving it Away
Forbes contributor
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.
http://jlne.ws/QyWOXW

Reports

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

Characterizing Pivotal Sources of Methane Emissions from Unconventional Natural Gas Production (Posted June 4, 2012)
API, ANGA
http://jlne.ws/M6RzMQ

Vulnerability of US and European electricity supply to climate change (Posted June 4, 2012)
Nature Climate Change
http://jlne.ws/L3Slcb

Developing Dimension: State of the Voluntary Carbon Markets 2012 (Posted May 31, 2012)
Ecosystem Marketplace
http://jlne.ws/JQ18Bv

Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy (Posted May 22, 2012)
http://jlne.ws/JArFwf

Fossil fuel price shocks and a low carbon economy (Posted May 21, 2012)
Oxford/DECC
http://jlne.ws/JgVKG9

Using the Allowance Value from California’s Carbon Trading System: Legal Risk Factors, Impacts to Ratepayers and the Economy (Posted May 17, 2012)
Next10
http://jlne.ws/KEYcW5.

Inclusive Green Growth: The Pathways to Sustainable Development (Posted May 9, 2012)
World Bank
http://jlne.ws/IJXP8B

Meeting Canada’s 2020 Climate Change Commitments (Posted May 8, 2012)
Office of Auditor General
http://jlne.ws/K9Lxvd

View all reports >

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