In this edition, politics and economics from Washington, in The Hill’s Oil-and-gas lobby envisions improved relationship with the White House . And beyond D.C., in Davos group report warns climate change among top global risks also from The Hill’s E2 Wire. Plus, Brazil seen paying high price for emergency natural gas imports, says Reuters.

Quote of the Day:

“A sudden and massive collapse on one front is certain to doom the other’s chance of developing an effective, long-term solution.”

–World Economic Forum survey in The Hill’s “Davos group report warns climate change among top global risks”

Lead Stories

Japan, Mongolia Sign Emissions-Reduction Pact
The Wall Street Journal
Japan is making progress in its plan to bypass protracted United Nations-sponsored efforts to limit carbon emissions, signing its first bilateral carbon offset mechanism Tuesday.

Oil-and-gas lobby envisions improved relationship with the White House
The Hill’s E2 Wire
The oil-and-gas industry expects to have a more fruitful relationship with President Obama this year as the White House attempts to turn the nation into an energy-exporting force.

Agriculture and Forestry Key to Mitigating Climate Change
Voice of America
Forestry experts say it is time for a new approach in mitigating the causes of climate change.  And while the 2012 climate change conference in Doha, Qatar, brought no decisions regarding the important role agriculture and forestry play in reducing carbon emissions, some awareness was brought to the table regarding forests, and how forest conservation should be integrated into future climate talks.

Davos group report warns climate change among top global risks
The Hill’s E2 Wire
Climate change ranked among the top global risks in the annual World Economic Forum survey of more than 1,000 experts released Tuesday.

World Economic Forum
Global Risks 2013

US oil imports to fall to lowest in 25 years
Financial Times
US oil imports will fall to their lowest level for more than 25 years next year, as production booms while demand grows only slowly, according to a government forecast.

U.S. Smashes Previous Lower-48 Heat Record in 2012
Last year was the warmest on records going back to 1895 for the 48 contiguous U.S. states and the second-worst for weather extremes including drought, hurricanes and wildfires, according to a U.S. report.

China Plans To Ramp Up Solar-Power Capacity
The Wall Street Journal
China plans to more than double its installed capacity for solar electricity this year, a move that could breathe new life into Chinese solar manufacturers suffering heavy losses.


Aviation Carbon 2013
February 19-20, 2012

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


Software is the answer to cutting carbon emissions
Supply Chain Digital
Tim Phillips, CEO of Freightex, talks about the environmental issues facing the freight industry and the steps companies can take to reduce industry-wide carbon emissions.

Natural Gas/Coal

Brazil seen paying high price for emergency natural gas imports
Brazil is paying top dollar for emergency imports of liquefied natural gas, scrambling to deal with a power crisis as the worst drought in decades threatens hydro-electricity supplies in the country’s northeast, regional energy traders said.

EPA fracking study may dodge some tough questions
FuelFix blog from Statoil
An ongoing U.S. Environmental Protection Agency study on natural gas drilling and its potential for groundwater contamination has gotten tentative praise so far from both industry and environmental groups.

Oil Sands Industry in Canada Tied to Higher Carcinogen Level
The New York Times
The development of Alberta’s oil sands has increased levels of cancer-causing compounds in surrounding lakes well beyond natural levels, Canadian researchers reported in a study released on Monday. And they said the contamination covered a wider area than had previously been believed.

O’Malley panel urges ‘fracking’ safeguards
Baltimore Sun
An advisory commission studying whether shale gas extraction should proceed in Maryland called Monday for new legislation to deal with potential abuses in leasing and drilling for the fuel, but environmentalists said so many questions remain about the safety of the drilling method known as “fracking” that they want lawmakers to impose a moratorium until the issue has been fully analyzed.


EON Appoints Kevin Watler as Director of Power, Emissions Unit
EON Energy Trading SE hired Kevin Watler as director of power and emissions, replacing Fredrik Ohrneman, the acting director appointed in June.

COLUMN-US wind boom-bust cycle harms outlook: Wynn
The latest short-term extension of a U.S. wind tax credit risks creating a glut of capacity unless states ratchet up regional renewable power targets.


KKR to Increase Investment in China Water-Treatment Provider UEL
KKR & Co. (KKR) has agreed to increase its stake in United Envirotech Ltd. (UENV), a membrane-based water and water treatment provider in China’s chemical, petrochemical and industrial park sectors, boosting its investment by $40 million.

Doosan Ships Soccer Field-Size Viet Desalination Plant to Saudis
South Korean power equipment maker Doosan Heavy Industries & Construction Co. (034020) said its Vietnamese unit is shipping its second locally made water desalination plant, one the size of a soccer field, to Saudi Arabia.

Abengoa Wins Water Contract to Supply Chilean Mining in Atacama
Abengoa SA (ABG) said the solar-thermal, water desalination and biofuels developer won a contract to supply water to the mining sector in Chile’s Atacama region.


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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