In this edition, coverage of the Keystone local passage and State Department delay, plus analysis from both sides of the issue on the Natural Gas news section. Meanwhile, Carter Said to Be Leading Contender for Energy Secretary. In continuing coverage of the Beijing pollution issue, Bloomberg reports Beijing to Scrap Old Cars and Swap Coal-Burners in Clean Air Bid.

Quote of the Day:

“I will do my best to mobilize the political will and resources so that the member states can agree to a new legally binding global agreement on climate change.”

–U.N. Secretary-General Ban Ki-moon in an AP interview.

Lead Stories

State Department delays Keystone pipeline decision
Reuters
The Obama administration has delayed a decision on TransCanada Corp’s rerouted Keystone XL oil pipeline until after March, even though Nebraska’s governor on Tuesday approved a plan for part of the line running through his state.
http://jlne.ws/XVDNRv
**RKB – Official says Q1 decision deadline can’t be met.

Keystone XL pipeline gets OK from Nebraska governor. Is Obama next?            
The Christian Science Monitor
Keystone XL pipeline’s new route was approved by Nebraska Gov. Dave Heineman Tuesday. The decision comes after a study concluded that construction of the Keystone XL pipeline would have “minimal environmental impacts.” The final decision will fall on President Obama.
http://jlne.ws/Wr3VT6
**RKB – Coverage continues in Natural Gas section.

AP Interview: UN chief wants action on climate
AP
U.N. Secretary-General Ban Ki-moon says his top hopes for 2013 are to reach a new agreement on climate change and to urgently end the increasingly deadly and divisive war in Syria.
http://jlne.ws/URCm5R

Obama wins praise abroad for climate change goals
Reuters
U.S. President Barack Obama won praise abroad on Tuesday for his pledge to lead the fight against climate change, which has faltered as nations argue over who should foot the bill to lower carbon emissions.
http://jlne.ws/XxOtUm

White House fixed on 17 percent greenhouse gas emission reductions
The Washington Times
President Obama may have entered a new term, but his climate change control plans are all first-term goals. As late as Monday, administration energy officials still were touting a plan to cut greenhouse gas emissions nationwide by 17 percent of 2005 levels by 2020.
http://jlne.ws/10FGawj

Op-Ed: The Climate Change Endgame
The New York Times
WHETHER in Davos or almost anywhere else that leaders are discussing the world’s problems, they are missing by far the biggest issue: the rapidly deteriorating global environment and its ability to support civilization.
http://jlne.ws/ViErvl
**RKB –Contributor is Thomas E. Lovejoy is professor of science and public policy at George Mason University and biodiversity chairman at the H. John Heinz III Center for Science, Economics and the Environment.

Carter Said to Be Leading Contender for Energy Secretary
Bloomberg
Deputy Defense Secretary Ashton Carter is the leading candidate to head the Energy Department in President Barack Obama’s second term, according to two people familiar with the matter.
http://jlne.ws/URyfGW

Beijing to Scrap Old Cars and Swap Coal-Burners in Clean Air Bid
Bloomberg
Beijing’s acting mayor said the city will take 180,000 old vehicles off the road and replace coal- burning heaters in 44,000 homes in a bid to cut air pollutants by 2 percent this year.
http://jlne.ws/XwTn32

Sulfur Dioxide Emission Curbs Left Intact by High Court
Bloomberg
The U.S. Supreme Court left intact federal limits on sulfur dioxide emissions from power plants and other industrial facilities, turning away an appeal by a copper- producing unit of Grupo Mexico SAB. (GMEXICOB).
http://jlne.ws/WHK02d

Despite a Whiff of Unpleasant Exaggeration, a City’s Pollution Is Real
The New York Times
It has long been a given that the air pollution in this city gets horrific: on average even worse than Beijing’s infamous haze, by one measure.
http://jlne.ws/XxNQtN

States, EPA Try to Tackle Interstate Air Pollution
Environmental Protection
Interstate air pollution has posed significant challenges for environmental regulators for decades. Although some air pollutants only affect air quality locally in the states where they are emitted, some emissions cross state lines and affect downwind states. EPA’s latest effort to address interstate air pollution, the Cross-State Air Pollution Rule (CSAPR, often pronounced “Casper”), was invalidated Aug. 21, 2012, by the U.S. Court of Appeals for the District of Columbia. The decision in EME Homer City Generation, L.P. v. E.P.A. raises important legal and practical questions regarding EPA’s approach to this important public policy issue.
http://jlne.ws/Wlp5RK

Rivers, lakes, wetlands: could water become the world’s biggest market?
Guardian
In Uganda, a beer brewer is paying communities to protect wetlands in a bid to secure a steady supply of water for its businesses. In neighbouring Kenya, flower companies, ranchers and hotels are giving farmers vouchers for seeds and tools in exchange for efforts to reduce farm runoff, which can damage irrigation systems and spoil landscapes. In China, a government-backed scheme is giving tens of thousands of people health insurance benefits in exchange for land management practices that could improve the quality of drinking water.
http://jlne.ws/VYET0i
   
CDP: 70 per cent of firms fear climate threat to revenues
Business Green                                   
Seven out of 10 companies responding to the latest Carbon Disclosure Project (CDP) survey have admitted that they think climate change has the potential to significantly impact their revenues, with many warning that they expect climate impacts to be felt within the next five years.
http://jlne.ws/XwVyno

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 Carbon Allowances Rise at Fastest Pace Since December 2011
Bloomberg
European Union emission permits had the biggest one-day increase since December 2011, after a surge in bidding at an auction and as nations consider a temporary fix to a glut of permits.
http://jlne.ws/ViCv5V

‘Carbon Bomb’ projects threaten explosion in global emissions
Business Green
A group of 14 giant “carbon bomb” projects that are currently in planning and development is on track to single-handedly increase global greenhouse emissions 20 per cent by 2020, making it near impossible for the world to avoid runaway climate change.
http://jlne.ws/10qLGOh

How Two Different Studies Found Consensus On Emissions From Tropical Deforestation
Ecosystem Marketplace
When researchers from two separate institutions measured carbon emissions from deforestation using different techniques, they came to the same number: 3.0 gigatons per year from 2000 through 2005. This could help end a long-standing debate and give policymakers the clear benchmark they need for establishing future targets.
http://jlne.ws/VYEJGb

Report: Airlines bagged 1.3bn euro from EU carbon scheme in 2012
Business Green
Airlines stand to make around 1.3bn euro in “windfall profits” over 2012 as a result of EU carbon regulations, according to a new report that runs contrary to aviation industry claims.
http://jlne.ws/ViF1t0

THE REPORT:
The Billion Euro Aviation Bonanza – Aviation’s Participation in the EU ETS
http://jlne.ws/WHQez7

Mineral dust sprinkled in oceans could absorb vast amounts of carbon: study
Guardian
Sprinkling billions of tonnes of mineral dust across the oceans could quickly remove a vast quantities of climate-warming carbon dioxide from the atmosphere, according to a new study.
http://jlne.ws/10Qal4P

Natural Gas/Coal

Controversial Keystone pipeline passes another hurdle
AFP
The controversial Keystone pipeline passed another hurdle Tuesday after the governor of Nebraska approved a new route that will avoid environmentally sensitive areas like the state’s Sand Hills.
http://jlne.ws/10qBpSj

Obama climate pledge faces test on oil pipeline
AP
Environmental groups say President Barack Obama’s warning about climate change will soon be tested as he decides whether to approve the Keystone XL oil pipeline from Canada to the Gulf Coast.
http://jlne.ws/XVHDKm

Power

GE to Snatch German Wind-Turbine Share From Siemens and Nordex
Bloomberg
General Electric Co. (GE) plans to win a “double-digit” share of Germany’s onshore wind market in two years, taking orders from peers like Siemens AG (SIE) and Nordex SE. (NDX1).
http://jlne.ws/1427dBB

Banco do Brasil to Lend $734.5 Million for Wind Farms
Bloomberg
Banco do Brasil SA, Latin America’s biggest lender by assets, may disburse more than 1.5 billion reais ($734.5 million) of loans for wind farms this year, up from 1.3 billion reais last year, as the renewable energy becomes cheaper.
http://jlne.ws/UiTVg4

Reports

The Billion Euro Aviation Bonanza – Aviation’s Participation in the EU ETS (Posted January 22, 2013)
http://jlne.ws/WHQez7

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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