In this edition, bloggers focus on carbon market updates in Kazakhstan and Croatia join world’s carbon trading schemes and Carbon trading in the Asian Century: China’s ETS on track. Elsewhere, Google is making power headlines again, in Google makes new electricity push.

Quote of the Day:

“It will not be possible to reach an agreement in 2015 in the U.N.-brokered climate negotiations unless the national regulatory frameworks are in place.”

–Adam Matthews, secretary general of GLOBE International, the association of lawmakers hosting the meeting in London, in Thomson Reuters Point Carbon “UN climate chief praises nations for passing domestic CO2 law”

Lead Stories

UN climate chief praises nations for passing domestic CO2 law
Thomson Reuters Point Carbon
Individual nations need to continue to pass domestic legislation to cut emissions of gases blamed for warming the planet if a global climate deal is to emerge in 2015, the U.N.’s climate chief Christiana Figueres said Monday.
http://jlne.ws/WIuDoy

US climate diplomat says emissions deal in nations’ ‘core interest’
The Hill’s E2 Wire
The State Department’s top climate change official says any hope of crafting a global greenhouse gas emissions accord means finding a recipe that countries view as consistent with their “core interests.”
http://jlne.ws/ZVl5ZC

Black Carbon Twice as Dangerous as 2007 Estimate, Scientists Say
Bloomberg
The black carbon produced by diesel engines is nearly twice as damaging to the planet as estimated in 2007 and trails only carbon dioxide as the most dangerous climate pollutant, according to an article published online today in the Journal of Geophysical Research: Atmospheres.
http://jlne.ws/13Bf3RJ

Google-Backed Offshore Wind Line to Start in New Jersey
Bloomberg
A Google Inc (GOOG).-backed undersea power line that will connect offshore wind farms to the U.S. eastern seaboard will begin construction in 2016 with its first segment off the New Jersey coast.
http://jlne.ws/VJ3Mge

Google makes new electricity push
The Hill’s E2 Wire
Google is launching an effort aimed at getting electric utilities and states to change how they charge consumers for electricity.
http://jlne.ws/109eK1p

EPA Ethanol-Rule Challenge Won’t Be Reconsidered, Judges Say
Bloomberg
A federal appeals court refused to reconsider a decision to throw out a lawsuit challenging an Environmental Protection Agency rule that allows higher concentrations of corn-based ethanol in gasoline.
http://jlne.ws/SGWR84

How much credit can Brazil take for slowing Amazon deforestation – and how low can it go?
Center for International Forestry Research blog
Brazilian policymakers can take some of the credit for a dramatic slowdown in the deforestation rate in the Brazilian Amazon, say experts – but that’s not the whole story.
http://jlne.ws/11yaKYA

Events

Aviation Carbon 2013
London
February 19-20, 2012
http://jlne.ws/RSzl7e

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

Carbon

EU Lawmakers Set Jan. 24 Debate on Law Fix to Delay Carbon Sales
Bloomberg
European Union lawmakers set Jan. 24 as the date for talks on changing a draft emissions-trading law in a bid to curb the oversupply of permits, according to an EU document.
http://jlne.ws/13BfdbH

Kazakhstan and Croatia join world’s carbon trading schemes
Responding to Climate Change
Kazakhstan and Croatia have become the latest countries to establish carbon trading scheme.
http://jlne.ws/Viq07M

Carbon trading in the Asian Century: China’s ETS on track
Blog entry on The Conversation by Alex Lo, Lecturer in Environmental Econ. Griffith Univ.
In the United Nation’s annual climate change conference held in Doha last December, delegates from 194 countries came together at the last minute to extend the Kyoto Protocol. The Protocol is a legally binding climate accord by which rich countries are required to make quantified carbon emission cuts.
http://jlne.ws/VJ60fM

Natural Gas/Coal

Senior DOE official to talk natural-gas exports
The Hill’s E2 Wire
A senior Energy Department (DOE) official will discuss the United States’s role in energy export markets during a Wednesday event at the U.S. Chamber of Commerce.
http://jlne.ws/V3sBkP

Oil industry group snags two House GOP aides
The Hill’s E2 Wire
The Independent Petroleum Association of America (IPAA) has hired a pair of House GOP staffers to promote oil-and-gas development in Western states and the Gulf of Mexico.
http://jlne.ws/13Bjsnt

Power

Saudi Arabia Will Set Up Power Buyer for Renewable Electricity
Bloomberg
Saudi Arabia will form a company to buy power from generators of renewable energy and to cover any cost difference between the purchase and sale prices, according to an official who has a hand in shaping the policy.
http://jlne.ws/V3qjlS

U.K.’s Davey Plans to Detail Power Prices in December
Bloomberg
The U.K. plans to set prices for low-carbon power production in December in a bid to lure investment in new plants as older generators shut down.
http://jlne.ws/Y8qd0M

BNDES Approves Loans Worth $1.57 Billion for Brazilian Wind Farm
Bloomberg
Banco Nacional de Desenvolvimento Economico e Social, Brazil’s national development bank, approved 3.2 billion reais ($1.57 billion) of loans for wind farms last year.
http://jlne.ws/11y8NM2

Water

GE’s Power Conversion Wins Abu Dhabi Wastewater Contract
Bloomberg
General Electric Co. (GE)’s power conversion business won a $10 million contract to aid in the construction of the world’s largest wastewater treatment plant in Abu Dhabi, boosting its operations in the region.
http://jlne.ws/X4vuzR

Canada Invests $336 Million on First Nation Water Systems
Bloomberg
Canada’s federal government said it will spend C$330.8 million ($336 million) at more than 50 aboriginal communities over two years to improve water and wastewater systems on First Nation reservations.
http://jlne.ws/TZs1ph

Reports

Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy (Posted Dec. 11, 2012)
http://jlne.ws/S5HNAg

Stock Exchange Benchmark On Non-Financial Reporting Rules (Posted Dec. 6, 2012)
Verdantix
http://jlne.ws/QM1A6f

Regional Investment of RGGI CO2 Allowance Proceeds, 2011 (Posted Nov. 27, 2012)
http://jlne.ws/Y2CJzg

2012 Report on Sustainable and Responsible Investing Trends in the US (Posted Nov. 27, 2012)
The Forum for Sustainable and Responsible Investment
http://jlne.ws/TsQlPs

Climate Change Report Warns of Dramatically Warmer World This Century (Posted Nov. 19, 2012)
World Bank
http://jlne.ws/RQylgD

Americans’ Global Warming Beliefs and Attitudes in September 2012 (Posted Oct. 21, 2012)
Yale Project on Climate Change Communication
http://jlne.ws/T4XcdE

View all reports >

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