Quote of the Day

“Companies that took early and innovative action to reduce carbon emissions – such as forestry projects and those converting sewage gas to electricity – should not be disadvantaged by the establishment of Labor’s carbon tax.”

NSW Energy Minister Chris Hartcher in AAP’s “NSW to close carbon dioxide trade scheme”

Lead Stories

Denmark to lead carbon price talks
Financial Times
Crashing prices in the European Union’s carbon market have prompted the bloc’s environment ministers to hold a meeting to discuss the future of the troubled scheme in Denmark this month, it emerged on Tuesday.
http://jlne.ws/HRA2IR

Britain postpones June carbon permit auction

Reuters
Britain postponed on Thursday a planned auction of 4 million European Union carbon permits to September from June due to uncertainty around the timing of the start of a single, EU-wide carbon registry.
http://jlne.ws/HRsENy

NSW to close carbon dioxide trade scheme
AAP
THE NSW Government is calling on the Federal Government to provide compensation when the state closes its failed Greenhouse Gas Abatement Scheme (GGAS) after the carbon tax comes into force later this year.
http://jlne.ws/Hsdic5

Carbon tax to scuttle state’s pioneer ETS

The Australian
ONE of the world’s first mandatory greenhouse emissions trading schemes, which has been operating in NSW since 2003 and has taken 141 million tonnes of carbon pollution out of the atmosphere, will be an early victim of Julia Gillard’s carbon tax.
http://jlne.ws/Hjvw5J

France calls for compromise on EU carbon levy

Reuters
The French government has urged the European Union to revisit a controversial carbon levy that has drawn criticism from countries including the United States, Russia, India and China and threatens to hurt the bloc’s aerospace industry.
http://jlne.ws/HchePZ

Nature on the market? The World Bank at Rio+20

Bretton Woods Project
The Bank will showcase new initiatives on oceans and the valuation of ecosystem services at the United Nations Conference on Sustainable Development, or Rio+20, in Brazil in late June, but is attracting criticism from civil society groups for its approach to ‘green growth’.
http://jlne.ws/I9pNwO

Greece Urged to Sell ‘Virtual’ Solar Power to Help EU Meet Goals

Bloomberg
Greece, planning a 20 billion-euro ($26 billion) solar venture, would do well to sell the power “virtually” to help other European countries offset more- polluting generation, according to an adviser to the project.
http://jlne.ws/HjFQev

Utility uses waste to produce power
Contra Costa Times/AP
A Northern California utility is using a new turbine and truckloads of chicken blood, food scraps and other waste to produce more electricity that it uses.
http://jlne.ws/Hlib9F

Habitat sacrificed to warn the world
The Age
THE man who signed the permit that allowed 1600 hectares of carbon-rich peat forest and orang-utan habitat to be razed and turned into a palm oil plantation agrees his decision was ”morally wrong”.
http://jlne.ws/Hhy18a

Clean coal nonsense: New industry ad claims ‘real environmental progress’
The Grist
“The clock is ticking, America. It’s time we focused on reality instead of rhetoric.” Finally, a national ad about the threat of climate change? Nope. It’s another piece of spin from the coal industry.
http://jlne.ws/Hi0mXe

Pollution Playing A Major Role In Sea Temperatures

NPR
The Atlantic Ocean, especially the North Atlantic, is peculiar: Every few decades, the average temperature of surface water there changes dramatically. Scientists want to know why that is, especially because these temperature shifts affect the weather. New research suggests that human activity is part of the cause.

http://jlne.ws/Hq3nYI

US
Exelon Taps Federal Loan for Solar-Power Deal
Wall Street Journal
Exelon Corp. EXC -1.34% said Thursday that money from a federal loan backing construction of the giant Antelope Valley solar farm near Los Angeles has started to flow.
http://jlne.ws/HhYxtf

Energy Department prepares to approve more green loans
The Hill’s E2 Wire
The Energy Department said Thursday it expects to begin tentatively approving new taxpayer-backed loans for renewable energy projects in the coming months.
http://jlne.ws/HhgCw2

Green groups sue EPA to force coal-waste rules
The Hill’s E2 Wire
Green groups are suing the Environmental Protection Agency to force completion of long-planned national regulations to govern disposal of so-called coal ash, a waste product from power plants.
http://jlne.ws/HhgJHK

Sen. Lugar’s GOP foe slams energy group affiliations
The Hill’s E2 Wire
Richard Mourdock, who is Sen. Richard Lugar’s (R-Ind.) Tea Party-backed GOP primary foe, is calling on the incumbent to renounce his affiliation with two groups that support legislation to cap greenhouse gas emissions.
http://jlne.ws/HhpblO

House GOP subpoenas Interior over planned coal mining rules
The Hill’s E2 Wire
House Natural Resources Committee Chairman Doc Hastings (R-Wash.) subpoenaed the Interior Department Thursday over planned regulations aimed at curbing environmental damage from Appalachian coal mining.
http://jlne.ws/HjHNHH

Cap-and-trade fees become key source for rail plan
CNBC
California’s revised plan to build the nation’s first high-speed rail system identifies an alternative source of funding if federal and private-sector contributions fail to materialize — fees generated from California’s new cap-and-trade program for greenhouse gas emissions.
http://jlne.ws/HhrbdG

Editorial: Earth Log: Is California’s cap-and-trade actually pay-to-pollute?
Fresno Bee
Raise your hand if you have strong feelings about cap-and-trade for climate-warming carbon emissions. Now, raise your hand if you really don’t understand what it is.
My hand went up both times. I have strong feelings — mostly anxiety about explaining cap-and-trade in stories. Bee reporter Tim Sheehan explained it on Sunday in a story about funding for high-speed rail. State authorities say cap-and-trade is a possible source of money for high-speed rail.
http://jlne.ws/I9AVJV

Canada

Canadian oilsands output skids in March

Reuters
Production at Canada’s biggest oilsands projects, run by Suncor Energy Inc and Syncrude Canada Ltd, tumbled in March after unscheduled outages of major processing equipment, prompting investors to push the developers’ shares down.
http://jlne.ws/HhkHA9

Oilsands to swell by 73%: Study
QMI Agency
As the rest of Canada struggles with unemployment, Alberta’s oilsands industry is about to expand faster than previously thought, and the province may have to look outside the country to tackle its impending labour shortage.
http://jlne.ws/HskXXO

Canada determined to move oil-sands crude

MarketWatch
An important Canadian captive must be freed, Canadian Prime Minister Stephen Harper made clear in his new budget last week and in a speech delivered in Washington. Canada’s new rallying cry is: “Free the Alberta Captive Crude!”
http://jlne.ws/HqgNTN

Europe

NV Nordisk Buys Group of Wind Projects to Grow in Norway
Bloomberg
NV Nordisk Vindkraft AB, a Sweden- based unit of Renewable Energy Systems Ltd., bought a group of Norwegian wind projects that could generate as much as 500 megawatts of power. No terms were disclosed.
http://jlne.ws/I8dvRQ

Government advisers: Aviation and shipping must be part of UK climate targets
Business Green
Any action other than bringing aviation and shipping emissions into the UK’s carbon budgets would represent a retreat from the country’s climate objectives, the government’s emissions watchdog will say today.
http://jlne.ws/I4wIHA

Asia

Japan Geothermal Power Could Grow to 2 Gigawatts by 2020s
Bloomberg
Geothermal capacity in Japan could grow almost fourfold to 2 gigawatts by the 2020s following the government’s decision to allow projects in newly opened areas of national parks, according to a research agency.
http://jlne.ws/Hhno09

Palm-Oil Stockpiles in Malaysia May Drop to Six-Month Low

Bloomberg
Palm-oil reserves in Malaysia, the second-biggest supplier after Indonesia, probably declined to the lowest level in seven months in March as exports outpaced growth in production, according to a Bloomberg survey.
http://jlne.ws/I81Fb5

Native trees put to the carbon test
The Age
Native Australian trees might not be able to absorb the higher levels of carbon dioxide predicted over the next 35 years, as the effects of climate change and increased burning of fossil fuels almost double CO2 levels.
http://jlne.ws/HhhSz7
Africa-Middle East

Uganda Adds 50MW to National Grid, Cuts Outages, Monitor Says
Daily Monitor/Bloomberg
Uganda boosted electricity supply by 50 megawatts after its 250-megawatt Bujagali hydropower plant doubled supply to the national grid to 100 megawatts after commissioning a second turbine, Daily Monitor reported.
http://jlne.ws/HciAu6

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