Summary 

In today’s edition, the US Senate is moving towards a vote of approval on the Keystone pipeline next week, while the European Parliament, or at least its industry committee, rejected the early introduction of a market intervention system designed to the get the EU’s carbon trading scheme back on its feet. Finally, ahead of President Obama’s visit to India, a debate on nuclear power safety. 

Quote of the day 

“There appears to be a qualified minority against running the market stability reserve from an earlier date, like 2017.”

An EU member state official, in the EU Observer’s story EP committee strikes down own report on carbon fix

Lead stories 

Senate sets final vote on Keystone for next week
By Laura Barron-Lopez – The Hill
The Senate worked through the night on Thursday to get through amendments on legislation to approve the Keystone XL, which is headed for final passage next week. 
http://jlne.ws/1yLPpLR

Defenders of Tradition in Keystone Pipeline Fight
By Mitch Smith – The New York Times  
An unpainted wooden barn sits in a snow-dusted cornfield along a gravel road, one of many that dot the rural horizon here.
http://jlne.ws/1yQqll5 
***LB: Also in this story “This week, TransCanada, the company proposing the pipeline, began eminent domain proceedings in Nebraska county courts, seeking to gain access to almost 90 properties where the owners have not agreed to terms. Many of those landowners have said they have no intention of allowing construction.”

Russia Presses Ahead With Plan for Gas Pipeline to Turkey 
By Stanley Reed and Sebnem Arsu – The New York Times 
President Vladimir V. Putin surprised the world in December when he aborted long-laid plans for a natural gas pipeline under the Black Sea to Europe, saying Russia would run pipes to Turkey instead. 
http://jlne.ws/1yQqTrc

EP committee strikes down own report on carbon fix
By Peter Teffer – EU Observer  
The European Parliament’s industry committee on Thursday (22 January) rejected the early introduction of a market intervention system designed to the get the EU’s carbon trading scheme back on its feet. 
http://jlne.ws/1E8OFDv

Obama Visit to Ignite India’s Nuclear Accident Liability Debate
By Rajesh Kumar Singh, Archana Chaudhary and Unni Krishnan – Bloomberg News
It’s a $182 billion question for India with no easy answer. 
http://jlne.ws/1uoSyve 
***LB: Also in this story “That’s the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi’s pledge to provide around-the-clock electricity, and end the nation’s blackout curse.”

Climate change inaction pushes ‘Doomsday Clock’ closest to midnight since 1984
By Suzanne Goldenberg – The Guardian
The symbolic doomsday clock moved to three minutes before midnight on Thursday because of the gathering dangers of climate change and nuclear proliferation, signalling the gravest threat to humanity since the throes of the cold war.
http://jlne.ws/1uB4JLc 

Events

2015 Climate Leadership Conference
ACCO, EPA, The Climate Registry, C2ES
February 23-25, 2015
Ritz-Carlton Pentagon City (Arlington, VA)
jlne.ws/AAf4bu 

Carbon

Alaska forestry credits to be decided this summer 
ICIS 
The Air Resources Board (ARB) is scheduled to make a final determination about whether to include forestry projects from Alaska this summer, an ARB spokesman confirmed. 
http://jlne.ws/1wrsCik

California Ranchers Enticed Into Carbon Farming 
SustainableBusiness.com News 
Recently we wrote that carbon emissions can be significantly reduced through the widespread application of compost, and now California is providing incentives for ranchers to do it. 
http://jlne.ws/15wzKUQ

Universities aim to sink shipping emissions
BusinessGreen 
A new public private collaboration in Singapore has revealed ambitious plans to develop more fuel efficient ships. 
http://jlne.ws/1y6r3ag

Natural gas / coal 

Davos Summit: China promises further action to tackle coal emissions
BusinessGreen
Chinese Premier Li Keqiang has pledged to reduce the proportion of fossil fuel in China’s energy mix while accelerating the deployment of cleaner technologies. 
http://jlne.ws/1EzHRw3

Power

Trading start for Location-Spreads in Power Derivatives
Press Release 
On 27 January 2015, European Energy Exchange (EEX) will launch location spread products with guaranteed execution for selected financially settled power futures. 
http://jlne.ws/1uoO47X 
***LB: Also in this story “Initially, the new products will be available for Germany, France and Italy. The spreads enable trading participants to efficiently trade the price differences between these delivery areas.”

MeyGen takes ‘first step’ on road towards world’s largest tidal array
BusinessGreen 
The UK’s nascent tidal energy industry took an important step forward this week as construction work officially got under way on what promises to be the world’s largest tidal energy array.
http://jlne.ws/1wrrsU9

EU rubberstamps Teesside biomass power plant
By James Murray – BusinessGreen
The UK’s biomass power sector has received a boost today after the European Commission granted State Aid approval to a proposed 299MW combined heat and power (CHP) plant on Teesside. 
http://jlne.ws/1xHQ1xG

Clean tech

Toyota to increase production of Mirai hydrogen car as demand smashes expectations
By Will Nichols – BusinessGreen
Toyota has ramped up production of its pioneering fuel cell car the Mirai, after receiving 1,500 orders during its first month on sale. 
http://jlne.ws/1yQnmJw

Water

California Drought Unlikely to Break This Rainy Season
Circle of Blue 
After some promising rainstorms to close out 2014, California has returned to dry weather. 
http://jlne.ws/1EzIeqh

Miscellaneous

Steyer says no to California Senate run
By Laura Barron-Lopez and Timothy Cama – The Hill
But Wait: The billionaire climate activist isn’t ruling out a bid for public office entirely. 
http://jlne.ws/1EzIPZd

 

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