In today’s edition, the EU proposes an energy efficiency goal that includes a 30 per cent cut of energy consumption by 2030, with first reactions and analyses. Also, a study on the EPA rules and their – positive – impact on states where, ironically,  local politicians are the most vocal against these rules. 


Quote of the day

“The irony is that some of the states that have been the loudest in opposing E.P.A. climate regulations have the most to gain in terms of actual economic interest.”

Trevor Houser, an analyst at the Rhodium Group and a co-author of a study on the impact of EPA rules, in the New York Times’ story States Against E.P.A. Rule on Carbon Pollution Would Gain, Study Finds


Lead stories

EU Commission proposes energy efficiency goal for 2030
Jessica Shankleman, BusinessGreen
European Commissioners have agreed the EU should cut its energy consumption 30 per cent by 2030, in a bid to slash carbon emissions and boost energy security in response to the escalating security crisis in Ukraine.

Dispute over ‘bonkers’ EU energy savings plan 
Matt McGrath, BBC
Several countries, anxious over the security of their Russian gas supplies, are pushing for a tough, binding goal. 
***LB: Also in this story “But EU officials are reluctant to agree because they fear it might damage the overall energy and climate package.”  

France backs 30 percent energy efficiency goal: letter 
Barbara Lewis, PlanetArk
France’s energy minister threw her weight behind an energy savings goal of at least 30 percent for 2030 ahead of talks in Brussels on Wednesday to thrash out a target.

Europe stuck with coal unless UK takes action, campaigners warn
Coal will remain a major source of greenhouse gas emissions in Europe unless UK and EU policymakers take urgent action, campaign group Sandbag has warned today.

Russia and Ukraine at odds over gas deal
Anjli Raval, Financial Times
While markets have been focused on the latest geopolitical flashpoint involving Russia and Ukraine – the downing of Malaysia Airlines flight MH17 – an unresolved dispute between the two countries over natural gas has continued to simmer in the background.

EU energy saving plan targets Russian gas links
Alex Barker, Financial Times
Brussels unveiled a 30 per cent energy efficiency target on Wednesday aimed at weaning Europe off Russian gas, but appeased opponents by stopping short of demanding that the goal be obligatory. 
***LB: Also in this story “According to EU estimates, a 25 per cent target would cut EU gas imports by about 9 per cent, while a 35 per cent target would slash gas imports by 33 per cent by 2030.”

EPA gears up for public hearings on climate rule
Laura Barron-Lopez, The Hill
The Environmental Protection Agency will hold four public hearings next week to hear from people across the country on its carbon pollution standards.

States Against E.P.A. Rule on Carbon Pollution Would Gain, Study Finds
Coral Davenport, The New York Times
Gov. Rick Perry of Texas and Senator James M. Inhofe of Oklahoma are among the most vocal Republican skeptics of the science that burning fossil fuels contributes to global warming, but a new study to be released Thursday found that their states would be among the biggest economic winners under a regulation proposed by President Obama to fight climate change.

China’s Energy Plans Will Worsen Climate Change, Greenpeace Says
Edward Wong, The New York Times
China’s plans for 50 coal gasification plants will produce an estimated 1.1 billion tons of carbon dioxide per year and contribute significantly to climate change, according to a report released Wednesday by Greenpeace East Asia. 
***LB: Also in this story “Last October, two Duke University researchers published a commentary in Nature Climate Change that said Chinese policy makers should delay the huge investments in coal-to-gas projects “to avoid a potentially costly and environmentally damaging outcome. An even better decision would be to cancel the program entirely.””

Obama to attend UN climate summit in NY
Laura Barron-Lopez, The Hill
President Obama is expected to attend a one-day climate summit in New York in September, according to United Nations climate chief Christian Figueres.


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 
London, UK 


Burning wood for power can be low carbon, UK government finds 
Fiona Harvey,
Burning wood to produce electricity can produce lower carbon emissions than other fuels, but only under tightly controlled conditions, a report for the UK’s Department of Energy and Climate Change has found.

Natural gas / coal

Coal India’s plans for 20 mines hit by land, environment delays
Twenty new coal mine projects by state-run Coal India, planned with annual capacity of 52 million tonnes, have been delayed by difficulties acquiring land and environmental clearances, the coal minister said on Thursday, underlining the uphill task he faces in reforming the sector.

Mitch McConnell’s mythmaking on coal jobs
Allan J. Lichtman, The Hill
In this era of self-serving political myths, Kentucky Sen. Mitch McConnell, the Republican minority leader, is perpetrating one of the most outrageous. Even in typically Republican Kentucky, McConnell is in danger of losing his Senate seat — for good reason.

PEGAS: Half-year volumes more than double year-on-year 
Press Release
In the first half of 2014, a total volume of 248.4 TWh was traded on PEGAS, the natural gas platform commonly established by the European Energy Exchange (EEX) and Powernext.

Hoeven offers natural gas ‘compromise’
Ramsey Cox, The Hill
Sen. John Hoeven (R-N.D.) said Wednesday that he introduced a bill that could be a compromise on the issue of exporting liquid natural gas (LNG).

New Rules in Indonesia Require Coal Exporters to Have Licenses
Yoga Rusmana and Fitri Wulandari, Bloomberg 
Indonesia, the world’s biggest exporter of power-station coal, will require companies to apply for licenses as registered exporters, according to a July 15 regulation signed by Trade Minister Muhammad Lutfi.


Texas Is Wired for Wind Power, and More Farms Plug In 
Matthew L. Wald, The New York Times
The wind is so relentless that a week can go by before it is calm enough for a crane operator to install the 30-ton blades atop the 260-foot towers at the Panhandle 2 wind farm here.

Solar and wind power to compete for £50m under new subsidy regime
Jessica Shankleman, BusinessGreen
Renewable energy projects such as wind, solar power and geothermal energy developments will each year have to compete for a share of £205m under the UK’s new clean energy subsidy regime, the government revealed today.

Geoscart secures millions for Sainsbury’s geothermal rollout
Jessica Shankleman, BusinessGreen
A UK-based geothermal energy company has secured £15m to roll out its technology at 15 Sainsbury’s stores this year, with further financing lined up to expand the business over the coming years.

UK energy department reverses Drax biomass decision
Michael Kavanagh, Financial Times
The Department of Energy and Climate Change has reversed its decision to exclude Drax Group from receiving an enhanced subsidy package to help fund the conversion of one of its coal-fired generating units to biomass.

Clean tech

Japan Gives Buyers 40% Off to Drive Toyota Fuel-Cell Car
Yuki Hagiwara and Craig Trudell, Bloomberg
Toyota Motor Corp. (7203)’s local prefecture will join Japan’s central government in subsidizing the automaker’s forthcoming fuel-cell car, cutting the estimated price by about 40 percent to that of an entry-level Lexus.

Japan readies fuel cell subsidies in bet on Toyota’s next big thing 
Yoko Kubota and Maki Shiraki, Reuters
Japan is readying subsidies to help Toyota Motor Corp and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out.


California Water Prices Soar for Farmers as Drought Grows
Alison Vekshin, Bloomberg
Farmers in California’s Central Valley, the world’s most productive agricultural region, are paying as much as 10 times more for water than they did before the state’s record drought cut supply.

Why the California drought affects everyone 
Katharine Mieszkowski, the center for investigative reporting
California Gov. Jerry Brown has asked restaurants not to serve water unless diners ask for it.

Small biz owners support EPA water rule, polls says
Tim Devaney, The Hill
The Environmental Protection Agency’s (EPA) controversial plan to regulate small bodies of water around the country may have found some unlikely supporters: small business owners.


The man who wants to make sure climate change doesn’t ruin your beer
Danielle Paquette, The Washington Post
On a recent evening, two inches of rain soaked this city, overwhelming the sewers and forcing human waste into the Chicago River.

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