In this edition, U.S. 2012 Wind Power Reached Record 13,124 Megawatts, Beats Gas, says Bloomberg. Reuters reports EU executive thwarts Canada lobby on tar sand oil. WWF: Aviation emissions deal is ‘in reach’, according to Business Green.

Quote of the Day:

“The voluntary market can’t be a stop-gap measure for surplus CER supply – it really is the role of governments to intervene. The voluntary market’s real contribution, and what it does best, is focusing innovation on and highlighting areas where emission reductions can be efficiently created whilst generating significant sustainable development impacts.”

–Zubair Zakir, Global Carbon Director at The CarbonNeutral Company, in Ecosystem Marketplace’s “Panelists Ponder Post-Doha Prospects for Bridging Global Climate Finance Gap”

Lead Stories

Shenzhen Exchange Prepares for Backlash as Carbon Trading Starts
Bloomberg
Emitters in the Chinese city of Shenzhen may choose to relocate as the city introduces a cap- and-trade program to limit greenhouse gases.
http://jlne.ws/118QgHb
**RKB — On the flip side, Shenzhen predicts more than 800 companies will participate in its emissions program.

Panelists Ponder Post-Doha Prospects for Bridging Global Climate Finance Gap
Ecosystem Marketplace
In reviewing the impacts of the UNFCCC COP-18 in Doha, leaders from the climate space say much work remains to be done on financing countries’ emissions reductions as we head into a post-2020 international climate regime. A post-Doha panel last week discussed next steps for climate finance, highlighting the need for smarter leveraging of limited public funds and heavier private sector engagement in order to bridge the finance gap.
http://jlne.ws/WS5REp

The cost of not using renewable energy                               
Grist.org
A clever new study [PDF] from the World Future Council attempts to do something I haven’t seen before: quantify the cost of not using renewables.
http://jlne.ws/14x7Pzw

THE STUDY:
World Future Council
http://jlne.ws/TZkJUU

WWF: Aviation emissions deal is ‘in reach’
Business Green
International aviation bodies have been urged to “end 10 years of delay” and agree a global mechanism to limit the sector’s soaring greenhouse gas emissions.
http://jlne.ws/14sw40O

U.S. 2012 Wind Power Reached Record 13,124 Megawatts, Beats Gas
Bloomberg
U.S. wind-energy developers added a record 13,124 megawatts of turbines last year, beating natural gas to become the largest new source of power generation for the first time.
http://jlne.ws/14x0Fv1

Securitization experts say solar-panel bonds may be next ABS
Reuters
‘Solar ABS’ may yet see the light of day. The green technology which harnesses the heat and energy of the sun to generate power has been around since the 1960s. But the solar industry’s attempts to tap the securitization market for funding have not yet come to fruition, despite tremendous efforts.
http://jlne.ws/TZg31j

EU executive thwarts Canada lobby on tar sand oil
Reuters
Canada’s urgent hunt for buyers for its oil is being thwarted as the European Commission sticks to a plan to label fuel from tar sands deposits as highly polluting, deterring refiners bound by environmental rules.
http://jlne.ws/TcTggS

Growing palm oil could speed up climate change, study says
Reuters
Growing palm oil trees to make biofuels could be accelerating the effects of climate change, new research showed on Wednesday, adding further weight to claims the crop is not environmentally sustainable.
http://jlne.ws/XToYwH

Dems to Obama: Pick EPA chief with ‘vision,’ use ‘available tools’ on climate
The Hill’s E2 Wire
everal Senate committee chairmen and other Democrats are urging President Obama to appoint a new Environmental Protection Agency Administrator with “both a vision and demonstrated record of working to safeguard our children and families.”
http://jlne.ws/14x7jS8

Events

RGGI (Regional Greenhouse Gas Initiative) Program Review Webinar
February 11, 2013
1:00 PM – 3:00 PM ET

Pre-Register: https://cc.readytalk.com/r/czr9w6gqzruv

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

Navigating the American Carbon World (NACW) 2013
San Francisco April 16-18
http://jlne.ws/11SrgTF

Carbon

Pentagon nominee Hagel endorses ban on high-carbon defense fuels
The Hill’s E2 Wire
Former Sen. Chuck Hagel (R-Neb.), President Obama’s nominee for Defense secretary, is backing a controversial ban on military purchase of alternative fuels that have higher greenhouse gas emissions than conventional oil-based fuels.
http://jlne.ws/12aFcIA

Natural Gas/Coal/Alternative Fuels

Brazil Gas-Price Increase to Boost Ethanol Demand, Analyst Says
Bloomberg
Brazil’s move to raise gasoline prices will boost annual demand for ethanol by as much as 4 billion liters (1.1 billion gallons), according to Salim Morsy, an analyst at Bloomberg New Energy Finance in Sao Paulo.
http://jlne.ws/TcOHmO

Chesapeake CEO McClendon steps down after year of tumult
Reuters
hesapeake Energy Corp said on Tuesday that Aubrey McClendon will step down as chief executive after a tumultuous year in which a series of Reuters investigations triggered civil and criminal probes of the second-largest U.S. natural gas producer.
http://jlne.ws/WCbQMA

Pioneer Natural signs $1.7 bln shale deal with China’s Sinochem
Reuters
Oil and gas producer Pioneer Natural Resources Co said it will sell 40 percent of its interest in the Wolfcamp shale field in Texas to China’s state-run Sinochem Group Co Ltd for $1.7 billion.
http://jlne.ws/XkNh7O

Power

Azerbaijan Plans $7 Billion Boost for Renewable Energy by 2020
Bloomberg
Azerbaijan plans to raise renewable energy capacity in the country, the third-largest oil producer of the former Soviet Union, to about 20 percent of total power demand by 2020, with investment estimated to reach $7 billion.
http://jlne.ws/14x1gNt

Wind, solar groups quit ALEC as conservative powerhouse targets clean-power programs
ClimateWire
Two renewable energy industry groups have dropped out of the American Legislative Exchange Council, citing the conservative coalition’s efforts to wipe out state-level clean energy programs.
http://jlne.ws/Vwxc31

Water

Abengoa Starts Operations at Desalination Plant in China
Bloomberg
Abengoa SA (ABG), the Spanish company that’s developed desalination plants from Algeria to India, said it’s started commercial operations making salt water potable at the Qingdao facility in China.
http://jlne.ws/14x140y

Ofwat tables plan for ‘efficient water trading’
Business Green
Plans to incentivise companies to transfer water to drought-stricken areas will only have a regional impact, engineers have this week warned following the publication of a new strategy detailing how the UK plans to tackle mounting water management risks.
http://jlne.ws/X93DyD

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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