Quote of the Day

“Chill out – sometimes this stuff takes years. We are too wedded to the way we’ve done things. It’s psychological as well as financial. We have to liberate ourselves from that.”

Former U.S. President Bill Clinton in The New York Times’ “Lead by Example, Clinton Tells Sustainability Forum”

Lead Stories

Commentary: My Earth Day wish: A better human brain

Dave Roberts – grist.org
I would change the human brain. Thanks to millions of years evolving in small groups on the savannah, our brains are rather maladapted to being part of a single human tribe of billions, most of whom we will never see or know, with collective effects on our global habitat that play out incrementally over centuries and are irreversible and possibly unadaptable.
http://jlne.ws/Ii47Pw

Commentary: We need this key commitment to climate action

U.K.’s Nick Clegg and Edward Davey in The Guardian
This week ministers from across Europe are meeting to tackle a threat to our shared prosperity: the crashing price of carbon. The EU has the world’s largest international emissions trading scheme (ETS). The amount of carbon that companies can emit is capped, and each firm has its own allocation of carbon permits, which they trade freely. Ultimately, cutting carbon can yield financial rewards.
http://jlne.ws/IeG5RQ

EU Starts 5 Battles to Resuscitate CO2 Market, SocGen Says
Bloomberg
The European Union, already facing criticism after expanding carbon trading this year to airlines, has opened five battlegrounds in its bid to resuscitate its flagging market, according to Societe Generale SA.
http://jlne.ws/JZg7T9

EU to investigate changing auctioning rules to revive carbon price
Business Green
The EU will review its auctioning rules for emissions permits in a bid to boost the flagging price of carbon, Climate Commissioner Connie Hedegaard announced yesterday.
http://jlne.ws/I7adno

BASF warns on emissions trading changes

Financial Times
The chief executive of BASF, the world’s biggest chemical maker by sales, has warned the European Union that it risks undermining the continent’s industrial competitiveness if it tampers with the emissions trading scheme.
http://jlne.ws/I2P8ve 

Brussels sets ball rolling for carbon market intervention
EurActiv
A review of the Emissions Trading System (ETS) has been brought forward a year, offering “a golden opportunity” for a re-examination of the current rules to prop up the depressed carbon market, said Connie Hedegaard, the EU’s Climate Action commissioner.
http://jlne.ws/Jn5rCj 

EU to study Canada oil sands before ruling on fuel
MarketWatch/Dow Jones
The European Union has decided to delay a decision on whether to label Canada’s oil-sands crude a more polluting fuel until 2013. The European Union’s ruling body, the European Commission, will conduct an impact assessment that would study how proposed rules treating oil sands as a high-carbon fuel would affect companies and consumers, and then come to a decision on how to treat oil-sands crude in 2013.
http://jlne.ws/IxKvWG
**RKB — Additional coverage in Canada section

New Carbon Credit Market in the USA
Press Release
Vecron Lordstock Group announced today that it reached an agreement with the European Union’s (EU) most respected Carbon Credit trading group, to exclusively market its inventory of Voluntary Carbon Credit Certificates in the USA under the trade name “Vecron Carbon Market.” Vecron hired GATE US, a leading secondary market trading platform and a Broker Dealer, to handle all clearance and settlements for their US Clients. Vecron provides a boutique solution, with global reach, tailor made to each client’s needs. All Carbon Credits offered via the platform are approved and verified by the Verified Carbon Standard (VCS). Registration is done via MARKIT, a global registry that helps provide transparency and credibility to environmental markets ensuring the origin and singularity of carbon.
http://jlne.ws/IhmnJl

EU Carbon Permits Climb on Plans to Delay Auction Supplies

Bloomberg
European Union emissions permits rose to the highest in a month after Climate Commissioner Connie Hedegaard said the bloc may propose a delay in supply at carbon auctions starting next year.
http://jlne.ws/Jn4OZm

Beijing preparing for carbon trading system
China Daily
Beijing, which aims to launch its carbon-trading system next year, is carefully calculating the city’s greenhouse gas emissions inventory, said a local government official.The country has designated seven cities and provinces to launch carbon-trading systems in the next year and will introduce a nationwide carbon-trading program in 2015.
http://jlne.ws/I4DoXw

Israeli Desert Yields a Harvest of Energy
The New York Times
Arriving at this bone-dry kibbutz in the Arava Desert late one afternoon in August 2006, Yosef Abramowitz, a social activist, Jewish educator and multimedia entrepreneur from Boston, opened the door of his van and was hit by a wall of heat.
http://jlne.ws/J2YJfb
**repeats in Africa/Middle East

Effects of Climate Change Seen for Corn Prices

The New York Times
Researchers have found that climate change is likely to have far greater influence on the volatility of corn prices over the next three decades than factors that recently have been blamed for price swings — like oil prices, trade policies and government biofuel mandates.
http://jlne.ws/I7c5N5

THE REPORT:
Response of corn markets to climate volatility under alternative energy futures
Nature
http://jlne.ws/JmHPha 

Palm oil industry, ALEC press EPA to reverse climate finding
The Hill’s E2 Wire
The Environmental Protection Agency is under pressure to reverse a finding that biofuels made with palm oil don’t meet the greenhouse gas requirements of the nation’s renewable transportation fuels mandate.
http://jlne.ws/IeW9Dk

U.N. chief calls on Obama to attend Rio talks, tackle climate

Point Carbon
U.N. Secretary General Ban Ki-moon on Friday called on U.S. President Barack Obama to join over 130 world leaders at the upcoming Rio +20 summit, and for the U.S. to play a stronger role in combating climate change.
http://jlne.ws/Jl4ZWt

Lead by Example, Clinton Tells Sustainability Forum
The New York Times
“Chill out – sometimes this stuff takes years.” That was Bill Clinton’s wry observation on Thursday as he addressed a sustainability conference in New York City, expressing frustration over how long it is taking for the country to move forward on clean energy and energy efficiency.
http://jlne.ws/InenER

Pollution deadlier than road accidents
Financial Times
Pollution from cars claims more lives than traffic accidents, according to a study of UK air quality published in the journal Environmental Science and Technology. Researchers from the Massachusetts Institute of Technology found that emissions cause nearly 20,000 premature deaths annually, with cars and trucks the biggest offenders.
http://jlne.ws/Jp3MfN

THE REPORT:
Public Health Impacts of Combustion Emissions in the United Kingdom
Environmental Science and Technology (for fee)
http://jlne.ws/I6hrbi

India flips the switch on world’s largest solar power plant

grist.org
The Indian state of Gujarat has built the world’s largest solar photovoltaic power plant, a field of solar panels the size of Lower Manhattan. After only 14 months of preparation, they’ve just switched it on, adding 600 MW of power to the grid. That’s enough to power a medium-sized city’s worth of homes. Thing is HUGE.
http://jlne.ws/IxJpu2

Wind turbine blimp aims to replace diesel generators

Yahoo Tech
Look, up in the sky! It’s a bird. It’s a plane. It’s a wind turbine? Altaeros Energies, a Massachusetts-based company formed by MIT and Harvard grads, has aimed high — literally — in its quest to deliver power to remote, off-the-grid locations, creating a blimp that harnesses the power of the wind at 1,000 feet up.
http://jlne.ws/I1Vqbb 

US


Abengoa Gets $125 Million Investment for U.S. Solar Project

Bloomberg
Abengoa SA (ABG) said Banco Santander SA (SAN) will invest $125 million in a $2 billion U.S. solar thermal project that may be the largest of its kind in the world when it starts working in 2013.
http://jlne.ws/Ie3OBF
**repeats in Europe

First Wind Gets $76 Million in Financing to Build Maine Project

Bloomberg
First Wind Holdings LLC, a closely held energy developer, received $76 million in financing to build a wind farm in Maine.
http://jlne.ws/Jj12Nh

GE to Seek $6 Billion in Australian Contracts Amid Resource Boom

Bloomberg
General Electric Co. (GE) is seeking $6 billion in contracts out of Australia by the end of the decade as it taps the country’s growing role as a supplier of liquefied natural gas, iron ore and wind power.
http://jlne.ws/I5zvhB

**repeats in Asia 

Pressure Mounts at Chesapeake
Wall Street Journal
Pressure intensified on Chesapeake Energy Corp. Friday, as analysts called on it to overhaul corporate governance and warned that the company’s financial structure and liquidity concerns could present a risk for shareholders.
http://jlne.ws/JZWL07 

Obama campaign seeks to inspire action, donations from green-focused voters

The Hill’s E2 Wire
President Obama is urging green-minded voters to work on behalf of his reelection with a video pitch that calls the next few months crucial to continued progress on environmental protection.
http://jlne.ws/J37Yfw 

Sen. Kerry: ‘Powerful interests’ standing in the way of progress on energy

The Hill’s E2 Wire
Sen. John Kerry (D-Mass.) says the collapse of the climate change and energy bill he floated with Sen. Joe Lieberman (I-Conn.) in 2010 is a lesson in why the United States lacks a comprehensive energy policy.
http://jlne.ws/IxJaz5 

Happy Earth Day, Mitt!
grist.org
Mitt Romney might be the country’s No. 1 brownwasher. While corporate America tries to paint itself as greener than it really is, corporate America’s presumptive candidate tries to paint himself as browner than he really is — or at least was.
http://jlne.ws/JmwYFo

Canada

Europe delays vote on ‘dirty’ oilsands
Montreal Gazette
Canada is welcoming a move by European Union officials to delay a vote until 2013 on whether to label the oilsands a dirtier form of crude, as EU politicians conduct an impact assessment of the proposed fuel standard.
http://jlne.ws/I2JI06 

EU delays vote on oilsands label
The Vancouver Sun
European Union politicians have delayed a vote until 2013 on whether to label Canadian oilsands a dirtier form of crude, as EU officials further examine their controversial proposed fuel standard.
http://jlne.ws/J3boPl


British Columbia and pipeline expansions: What’s in it for us?

The Vancouver Sun
As yet another proposal emerges to carry ever-greater volumes of Alberta oil to the west coast, British Columbians have every good reason to ask: What’s in it for us?
http://jlne.ws/IxKORn 

Investors are the casualties in a booming oil patch
Globe and Mail
Alberta’s oil patch is roaring. Oil prices are flying, pipelines are pumping millions of barrels a day, and companies are engaged in a rollicking spending spree.
http://jlne.ws/InCEuu

Europe

Abengoa Gets $125 Million Investment for U.S. Solar Project

Bloomberg
Abengoa SA (ABG) said Banco Santander SA (SAN) will invest $125 million in a $2 billion U.S. solar thermal project that may be the largest of its kind in the world when it starts working in 2013.
http://jlne.ws/Ie3OBF
**repeats in US

France Fails to Pry Power Market From EDF, Probe Says
Bloomberg
France’s attempt to open its power market may be failing as competitors to Electricite de France SA consider abandoning the country, according to a study by the French antitrust authority.
http://jlne.ws/IldDjn

Official: Scots love wind power

Business Green
Seven out of 10 Scots support wind power as part of the country’s energy mix, according to the latest poll to confirm a clear majority of people in the UK are broadly in favour of wind farm developments.
http://jlne.ws/Jyn0hs 

Shale Gas Search Divides Romania
The New York Times
Romania is set to start exploring its shale gas reserves in a drive for energy independence, despite local protests against the potential risks and Europe-wide concerns about the technology used to exploit unconventional gas sources.
http://jlne.ws/IxEnOf

Green Giraffe Sees Funds Available for EU Offshore Wind Plans

Bloomberg
Developers of offshore wind power stations in Europe will be able to find the “tens of billions of euros” they need to build the capacity planned even though banks are lending less, said Green Giraffe Energy Bankers.
http://jlne.ws/Ix1HeN 

Russia to Embrace Energy Partners

Wall Street Journal
Russia is counting on foreign investment spearheaded by U.S. oil behemoth Exxon Mobil Corp. XOM +0.02% to defend its status as an oil superpower, the nation’s energy czar said in an interview with The Wall Street Journal.
http://jlne.ws/I78Wsn

Asia 

Welspun, Sunborne Win Indian Solar Project Contracts
Bloomberg
Welspun Group, India’s largest solar photovoltaic developer, and Sunborne Energy Holdings LLC, backed by billionaire Vinod Khosla, won contracts to build sun- powered plants in the nation’s Karnataka state.
http://jlne.ws/JjJl3C

India’s Largest Solar Program Won’t Follow Federal Import Curbs

Bloomberg
India’s largest solar power program in Gujarat state won’t follow the lead of the central government in imposing restrictions on imports of equipment for projects.
http://jlne.ws/I1W1fX 

GE to Seek $6 Billion in Australian Contracts Amid Resource Boom
Bloomberg
General Electric Co. (GE) is seeking $6 billion in contracts out of Australia by the end of the decade as it taps the country’s growing role as a supplier of liquefied natural gas, iron ore and wind power.
http://jlne.ws/I5zvhB

**repeats in US

Africa/Middle East

Israeli Desert Yields a Harvest of Energy
The New York Times
Arriving at this bone-dry kibbutz in the Arava Desert late one afternoon in August 2006, Yosef Abramowitz, a social activist, Jewish educator and multimedia entrepreneur from Boston, opened the door of his van and was hit by a wall of heat.
http://jlne.ws/J2YJfb
**repeats in Leads

Latin America

Lorenzino Says Argentina Won’t React to Any Spain Biofuels Ban

Bloomberg
Argentina’s Economy Minister Hernan Lorenzino said Spain has the right to respond to the nationalization of oil producer YPF SA (YPFD) as it sees fit and the government has no plans to respond to a possible import ban on Argentina biofuels.
http://jlne.ws/J20Z6w

Mexican senate clears way for climate bill
Reuters
Mexico’s Senate on Thursday passed a climate change bill aimed at encouraging a voluntary carbon emissions trading market, clearing the way for President Felipe Calderon to sign it, as expected, into law.
http://jlne.ws/IxHwgM

Mexican bill pushes country toward low-carbon economy

Point Carbon
Mexico’s general law on climate change, approved by its Senate late on Thursday, represents a step forward for the country as it decarbonizes its energy sector and opens the door to creating a domestic cap-and-trade system, experts said.’
http://jlne.ws/Jj1gE4

Other

Has Earth Day marketing jumped the shark?
Business Green
As recently as a few years ago, campaigns and initiatives tied to Earth Day were worth a large chunk of any company’s marketing budget. As more and more companies got into the game, however, consumers came to expect everyone to do at least something for Earth Day, and now it may have officially jumped the shark as far as corporate marketing and public relations go.
http://jlne.ws/I6UJvu

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