In today’s edition, innovation is key, whether it is in carbon capture or social REDD initiatives. Too bad that Australia’s new unfriendly climate policy is keeping companies such as Wuxi Suntech’s R&D operations away.
Quote of the day
“Clearly the market’s not going to grow here.”
Renate Egan, managing director of the Sydney-based R&D unit, Wuxi Suntech in the The Sydney Morning Herald’s story Solar giant to close Australian R&D unit
South Stream gas project may now be a pipe dream
Guy Chazan, Financial Times
In November 2005, a pipeline called Blue Stream was inaugurated to bring Russian gas across the Black Sea to Turkey. It was, said President Vladimir Putin, who attended the ribbon-cutting ceremony, “just the start”.
Solar giant to close Australian R&D unit
Peter Hannam, The Sydney Morning Herald
A giant Chinese solar energy firm, originally based on Australian technology, plans to close its local research arm amid concerns about the future of renewable energy in the country.
***LB: Also in this story “Wuxi Suntech recently announced a plan to consolidate most research activities at its base in China. The Abbott government’s signals that it will cut the national renewable energy goal also reduced confidence about future opportunities.”
(Australia’s) ‘Direct Action’ could meet emissions target if Coalition allows changes
Lenore Taylor, Guardian Australia
Extensive changes to the Abbott government’s “Direct Action” climate change policy being proposed by independent senator Nick Xenophon could bring it within reach of meeting Australia’s 2020 emissions reduction target, new research shows.
Carbon capture and storage finally approaching debut
Beth Mole, Science News
Like every other project, Jänschwalde failed. In 2008, it was set to become the world’s largest demonstration of just how cleanly coal could be burned to generate electricity.
***LB: Also in this story: “This year, the story of CCS could change. In North America, two commercial-scale power plants are on the cusp of firing up CCS technology for the first time.”
Meet the first Social Carbon Standard and VCS REDD project
Brazil has more than 470 million hectares of forest, covering 60.14% of the whole territory and putting the country in second place among the nations with the largest area of forest in the world.
Kansas’ climate change debate settled in Europe
Andy Marso, The Capital-Journal
Scrolling through slides on his laptop, Jon Möller displayed for a visitor recently myriad carbon emission targets for the governments of his Nordic home.
‘Climate change is real and happening in India’
The Times of India
Ahead of the UN climate summit which is to be organized in New York on September 23 to give a political push to future negotiations, Indian scientists on Friday emphasized the need to take urgent steps to address the issue of climate change that has potential to adversely affect the country.
Methane Is Discovered Seeping From Seafloor Off East Coast, Scientists Say
Henry Fountain, The New York Times
Scientists have discovered methane gas bubbling from the seafloor in an unexpected place: off the East Coast of the United States where the continental shelf meets the deeper Atlantic Ocean.
EMA’s 18th Annual Meeting
Join the Environmental Markets Association and environmental industry professional for two days of dynamic sessions, two nights of networking receptions, and countless opportunities to increase your business contacts.
October 22 – 24, 2014
Santa Monica, CA
FT European Gas Summit
The FT European Gas Summit brings together leading and aspiring gas suppliers from around the globe, as well as energy industry experts, commentators and government decision makers to review the potential barriers to new gas supplies for Europe, and the impact on the region’s economic competitiveness. The summit will be chaired by Guy Chazan, Energy Editor, Financial Times.
23 October 2014
California Carbon Permits Sell Out at $11.50 in Auction
Lynn Doan, Bloomberg
California, which releases more greenhouse-gas emissions than any other U.S. state except Texas, sold 22.5 million carbon allowances at auction for $11.50 each, just above analysts’ expectations.
***LB: Also in this story “Units of BP Plc, Chevron Corp., Edison International, PG&E Corp., Goldman Sachs Group Inc. and Morgan Stanley were among the companies that qualified to purchase the permits put up for sale Aug. 18.”
Louisiana Republicans hold hearing to blast potential EPA ozone rule
Timothy Cama, The Hill
Three Republican members of Louisiana’s congressional delegation held a hearing Friday in Lake Charles, La., to criticize potential forthcoming regulations from the Environmental Protection Agency (EPA) to reduce allowable ozone levels.
Natural gas / coal
Port Metro Vancouver OKs Massive US Coal Terminal
David P. Ball, TheTyee.ca
A federal regulator has approved a proposal to turn B.C.’s Lower Mainland into one of North America’s coal export centres.
Coal Gas Boom in China Holds Climate Change Risks
Jack Chang, AP
Deep in the hilly grasslands of remote Inner Mongolia, twin smoke stacks rise more than 200 feet into the sky, their steam and sulfur billowing over herds of sheep and cattle.
Suzlon Seeks Japanese Partner to Tap Offshore Wind Market
Natalie Obiko Pearson, Bloomberg
India’s Suzlon Energy Ltd. may seek a Japanese partner to make offshore wind turbines, attracted by access to cheap yen loans as projects at sea get costlier and more complex.
Alexander: Obama goes around Congress to help ‘Big Wind’
Ramsey Cox, The Hill
Sen. Lamar Alexander (R-Tenn.) said the Obama administration is tweaking the tax code to protect and extend wind energy subsidies.
Duke Energy considering Pinellas land for solar farm
Tony Marrero and Ivan Penn, The Tampa Bay Times
The energy company is looking for privately or publicly owned properties throughout its Florida service territory that could accommodate fields of solar panels that would feed power to the grid, company spokesman Sterling Ivey said.
Dynegy to buy power plants from Duke, Energy Capital
Timothy Cama, The Hill
Dynegy Inc. announced Friday it would spend $6.25 billion to nearly double its electricity generating capacity through power plant deals with Duke Energy Corp. and Energy Capital Partners.
Epic Drought in West is Literally Moving Mountains
Bobby Magill, Climate Central
Some parts of California’s mountains have been uplifted as much as 15 millimeters (about 0.6 inches) in the past 18 months because the massive amount of water lost in the drought is no longer weighing down the land, causing it to rise a bit like an uncoiled spring, a new study shows.
More than 6.5K tickets sold for anti-Keystone concert
Laura Barron-Lopez, The Hill
More than 6,500 tickets have been sold for the benefit concert featuring musicians Neil Young and Willie Nelson, bringing in money for groups that oppose the Keystone XL pipeline.