In this edition, market coverage includes Bloomberg’s EU Seeks Vote on Carbon Registry on Jan. 23, Document Shows and Brisbane Times’ No end in sight to EU carbon permit glut. Meanwhile, China’s emissions are in focus in Reuters’ China’s carbon intensity falls over 3.5 pct in 2012- official.

Quote of the Day:

“It’s beginning to feel like we’re in a lost decade in terms of mobilizing private investment for emissions-reduction projects.”

–Trevor Sikorski, Barclays carbon analyst, in The Brisbane Times’ “No end in sight to EU carbon permit glut”

Lead Stories

Shale-Gas Boom Can Complement Renewables to Cut Coal, IRENA Says
A boom in shale-gas extraction, the technique that made the U.S. the top producer of the fuel, would complement growth in renewables because both curb use of dirtier commodities, the International Renewable Energy Agency said.

Opinion: Shale will change the US, not the climate
Financial Times
If you believe the hype, shale gas will solve many of America’s problems, from high petrol prices to wars in the Middle East. There is no doubt that it will bring huge benefits to the US. However, its role in climate change is misunderstood – and must be dealt with urgently.

Global emissions market as likely as a fairy godmother
MEP Letter to the FT
Sir, In your editorial “Worsening weather” (January 4), you say that “the best solution [to climate issues] remains a global emissions market”. This is about as practical as suggesting that the best solution might be a fairy godmother.
**RKB — Editorial he’s referencing:

China’s carbon intensity falls over 3.5 pct in 2012- official
China’s carbon intensity, or its emissions relative to economic output, fell more than 3.5 percent in 2012, outperforming its average annual target, China’s chief climate change official said on Thursday.

Sen. Boxer adds climate change post to environment committee staff
The Hill’s E2 Wire
Senate Committee on Environment and Public Works Chairwoman Barbara Boxer (D-Calif.) has added a climate change counsel to her committee staff.

World Bank to strengthen focus on climate change
The Hill’s E2 Wire
The World Bank’s chief told Bloomberg in an interview published Thursday that he hopes to elevate the international development institution’s climate change role.

Report: Global clean energy investment falls for first time
Business Green
A fourth quarter rally was not enough to stop global clean energy investment dipping for the first time since records began, according to preliminary figures from analyst firm Clean Energy Pipeline.


Aviation Carbon 2013
February 19-20, 2012

2013 Climate Leadership Conference
Washington D.C.
February 27-March 1, 2013


EU Seeks Vote on Carbon Registry on Jan. 23, Document Shows
The European Union scheduled a vote on Jan. 23 on draft carbon-registry regulation that may include limits on some imported emission credits and is seeking further talks on a permit-supply fix, according to an EU document.

No end in sight to EU carbon permit glut
Brisbane Times
European Union emission permits are poised to drop to a record in the first half as member states in the world’s largest carbon market fail to diminish the biggest- ever glut.

U.K.’s Hayes Rejects CO2 Goal Sought by Lawmaker Yeo
U.K. Energy Minister John Hayes rejected a call by fellow Conservative lawmaker Tim Yeo to include a decarbonization target for the power industry in the Energy Bill being debated by Parliament.

Natural Gas/Coal

Texas natgas use up in 2012 as coal-fired power output slides
Natural gas was used to fuel nearly 45 percent of the electricity consumed in Texas last year, up from 40 percent in 2011 as cheaper gas prices allowed generators to pare coal use to 34 percent in 2012 from 39 percent, the Texas grid operator said Thursday.

Manufacturers go to war with oil industry over gas exports
The Hill’s E2 Wire
The petroleum industry and several big manufacturing companies are warring over whether U.S. regulators should allow a major expansion of liquefied natural-gas exports.

Wyden criticizes DOE natural-gas export study, calls for do-over
The Hill’s E2 Wire
Sen. Ron Wyden (D-Ore.) wants the Energy Department (DOE) to redo a natural-gas export study to address “shortcomings,” setting the stage for a likely hearing on the matter.


Hanergy snaps up MiaSole in latest solar industry consolidation
Business Green
Chinese clean energy giant Hanergy has this week announced it has acquired Californian thin film solar PV manufacturer MiaSole for an undisclosed sum.

Google boots up $200m investment in Texas wind farm
Business Green
Google has this week boosted its renewable energy portfolio by investing $200m in a wind farm in west Texas.


Xylem Wins Nasa Contract for Kit to Detect Water on Moon
Xylem Inc. (XYL), the ITT Corp. (ITT) spin-off whose pumps helped clean Hurricane Sandy floodwaters, said it won a NASA contract for technology that may help detect water on the moon.

DIF Boosts Dutch Wastewater Project Holding With Rabo Stake Buy
DIF Infrastructure II said the fund management company boosted its holding in the Dutch wastewater public-private partnership project Delfluent by purchasing shares of Rabo Project Equity, part of the Dutch bank Rabobank, raising its stake to 32.5 percent from 8 percent.


Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy (Posted Dec. 11, 2012)

Stock Exchange Benchmark On Non-Financial Reporting Rules (Posted Dec. 6, 2012)

Regional Investment of RGGI CO2 Allowance Proceeds, 2011 (Posted Nov. 27, 2012)

2012 Report on Sustainable and Responsible Investing Trends in the US (Posted Nov. 27, 2012)
The Forum for Sustainable and Responsible Investment

Climate Change Report Warns of Dramatically Warmer World This Century (Posted Nov. 19, 2012)
World Bank

Americans’ Global Warming Beliefs and Attitudes in September 2012 (Posted Oct. 21, 2012)
Yale Project on Climate Change Communication

View all reports >

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