EMA Spring Conference

The EMA’s spring conference is coming up next week at Trump International Beach Resort, in Sunny Isles, FL April 25-27, 2012. There are many conferences over the course of the year and this is one I have attended several times. It’s worth your time and expense to attend.

This year’s event will focus on, arguably the most important carbon market in the history of carbon markets, the California CO2 market. It will also include panels on the impact of coal plant closings, RECs, regulatory panels, solar markets and so on. Come on down if you can make it.

Quote of the Day

“In order to stabilize and strengthen the system and keep our leadership at climate negotiations by making it an appealing option to our negotiating partners, we must work on enlarging and refocusing [cap-and-trade’s] scope.”

Polish officials, in policy paper report in Bloomberg’s “EU Should Mull Expanding CO2 Cap-and-Trade, Poland Says”

Lead Stories

First Solar to be cut from Nasdaq 100 list
Toledo Blade
Solar panel maker First Solar Inc., whose shares already are trading at their lowest price in the company’s six-year history, soon will suffer another indignity — the company is being booted from the Nasdaq 100 Index.
**JK – Spectacular rise and fall for First Solar. And it ain’t over yet.

Canadian Solar, SkyPower in $187 Million Solar Farm Deal

Canadian Solar Inc. (CSIQ), a producer of solar cells and panels, formed a joint venture with the renewable-energy project developer SkyPower Ltd. that will provide an outlet for its products in North America and emerging markets.
**repeats in Canada

EU Should Mull Expanding CO2 Cap-and-Trade, Poland Says

The European Union should consider expanding its emissions trading system to cover the region’s transport industry and shouldn’t judge the effectiveness of the program by a decline in carbon-permit prices, Poland said.

China ups tax on international flights to cut emissions

Point Carbon
China on Tuesday added 20 RMB ($3.18) to a charge on passengers on international flights, saying it would use the revenue to, among other things, cut CO2 emissions from its planes, a move that could impact the inclusion of Chinese airlines in the EU Emissions Trading Scheme.

US warns over EU stance on airline emissions
Financial Times
The US has warned for the first time that the row over the European Union’s plans to charge foreign airlines for their carbon emissions could hold up global climate change talks.

Indigenous Tribe Wins Validation for Landmark Forest Carbon Project
Ecosystem Marketplace
A small tribe of indigenous people unknown to the outside world a half-century ago and once on the brink of extinction has harnessed an innovative forest carbon project to shield their territory from illegal logging and preserve their chosen way of life.  As a result, the 1300-strong Paiter-Surui last week became the first indigenous tribe in the Amazon and globally to earn carbon credits under internationally recognized standards for keeping carbon locked in trees – setting the stage for scores of similar projects that can unleash needed funding for indigenous people who preserve endangered tropical rainforest across the Amazon.
**JK – More from last week’s announced carbon offset project. Bianca Jagger is pictured. The quiz is, which one is she?

First operation of the Rio Verde Stock Exchange trading carbon credits will be issued at Rio +20

Agency Brazil (translated from Portuguese)
The Green Bag of Rio de Janeiro (BVRio) set up to negotiate claims of environmental assets, will have its first operation during the UN Conference on Sustainable Development (Rio +20). According to the State Secretary of Environment, Carlos Minc, the first transaction is the trading of carbon credits issued during the international meeting to be held in June this year.

White House threatens veto of highway bill over Keystone pipeline provision
The Hill’s E2 Wire
The White House on Tuesday threatened to veto House legislation to extend transportation programs because it contains GOP language that mandates approval of the Keystone XL oil sands pipeline.

Can natural gas drive the U.S. economy?
The Week
New drilling technologies like fracking could turn the U.S. into the Middle East of natural gas, fueling economic growth for years to come.

US greenhouse gases back up after decline
US emissions of greenhouse gases blamed for climate change rose in 2010, ending a brief downward turn as the world’s largest economy gradually recovers from recession, official data showed Monday.

EU energy savings law falling far short of target-draft
Revised plans to improve the European Union’s record on energy saving have drastically reduced the ambition of a proposed draft law, according to an assessment by the Commission, the EU’s executive arm.

EU and US step up green development funding
Business Green
The EU has announced plans for a new 50m euro initiative designed to improve energy access and accelerate the roll out of clean technologies in the developing world.

Interview with Bernadinus Steni, HuMa: “REDD should be a way of supporting and strengthening the tenure of local communities and indigenous peoples that manage forests sustainably”
Bernadinus Steni: HuMa is a legal-based organisation working on human rights and natural resources issues. We were established in 2001 and since then focus our work to democratize law-making processes in Indonesia. We work especially with and for indigenous peoples and local communities who have direct access to and control of natural resources.

Young People Tire of Old Economic Models
The New York Times’ Dot Earth column
At the recent United Nations conference on “gross national happiness,” a scattering of young participants looked on with a clear sense of urgency as mainly graying dignitaries, economists, scholars and others pondered ways to gauge progress that go beyond traditional monetary measures. One was Christopher Stampar, a sophomore from the University of Miami who works for the nonprofit group Nourish 9 Billion. He received one of the most enthusiastic rounds of applause when he let it slip that he was 19. Read his blog post on the experience here.


Bill Clinton Is Headliner at Sustainability Enclave
The New York Times
The Sustainable Operations Summit, an annual meeting of leaders from the political, business and environmental spheres, will unfold this week in New York City with Bill Clinton as the keynote speaker.

Reid working with White House on bill to boost oil market oversight
The Hill’s E2 Wire
Senate Majority Leader Harry Reid (D-Nev.) said Tuesday he is working with the White House on legislation to improve oversight of oil markets.

Romney calls White House plan to curb oil market abuses a ‘gimmick’

The Hill’s E2 Wire
Mitt Romney, the likely GOP presidential nominee, on Tuesday bashed new White House proposals to expand oil market oversight, alleging the plans are the latest in a string of bad ideas.

Walmart ramps up renewable energy generation as waste levels fall

Business Green
Retail giant Walmart has revealed it has made good progress towards its goals of using 100 per cent renewable energy and becoming a “zero waste” organisation with the publication of its annual Global Responsibility Report.


Canadian green group splits, thumbs nose at Ottawa

A Canadian environmental group has split in two as a way to keep up public opposition to projects such as Enbridge Inc’s Northern Gateway oil pipeline to the West Coast, while avoiding moves by Ottawa that threatened its previous charitable status.

Canada to cut back on environmental reviews
Canada said on Tuesday it would streamline the way it performs environmental reviews on major industrial projects in a bid to speed the development of mines and pipelines, a move critics predicted could cause an environmental disaster.

Canadian Solar, SkyPower in $187 Million Solar Farm Deal
Canadian Solar Inc. (CSIQ), a producer of solar cells and panels, formed a joint venture with the renewable-energy project developer SkyPower Ltd. that will provide an outlet for its products in North America and emerging markets.
**repeats in Leads


Italy to introduce carbon tax to fund green energy
Italy will introduce a carbon tax with proceeds earmarked for financing renewable energy production in a revamp of the way clean power is funded, the government said after a cabinet meeting late on Monday.

Shale gas fracking gets green light in Britain

A UK government report on Tuesday backed the exploration of shale gas, which has transformed the U.S. energy market, nearly one year after temporarily banning the drilling method because it had triggered two small earthquakes in Britain.


Firm freezes $1.2 bln coal-gas Australia power plant
An Australian firm has frozen development of a controversial A$1.2 billion ($1.23 billion) brown coal-gas hybrid power plant after a ruling by a tribunal effectively delayed construction, putting the future of the project in doubt.

TCI Fund welcomes Coal India action
Financial Times
The Children’s Investment Fund welcomed moves by Coal India to reduce the impact of a recent government directive forcing the state-backed miner to increase fuel supplies to large Indian power groups.


Power Producers May Seek Higher Penalty on Coal India
Wall Street Journal
Major Indian power producers said Tuesday they may seek the federal government’s intervention to levy higher penalties on Coal India Ltd. if the state-run miner fails to meet its supply obligations.

Africa/Middle East

Forest Management to Go Hi-Tech
Press Release
Ghana’s forest management system is expected to go hi-tech soon under the forest preservation programme.

Theolia, Morocco Seek Bids for 300-Megawatt Wind Farm in Tangier

Theolia SA (TEO), a French power company, and Morocco’s state-owned utility Office National de l’Electricite invited bids to build the first phase of a 300- megawatt wind farm in the Tangier area.

Latin America

Argentina Seizes 51% of Oil Producer YPF to Stem Imports
Argentina’s seizure of YPF SA (YPF) threatens to take the country further away from its goal of energy self-sufficiency as investors weigh the increased risk of expropriation in South America’s second-biggest economy.

Pin It on Pinterest

Share This Story