Summary

Today’s edition is optimistic: according to an IPCC expert, there will be a climate accord in Paris next December. Hope also comes from waste, which could bring badly needed jobs to Europe when transformed into biofuel. And also, China and Apple crackdown on pollution.

Quote of the day 

“I am optimistic. We will have an accord in Paris.”

Jean-Pascal van Ypersele, the Belgian deputy vice president of the Intergovernmental Panel on Climate Change, in the AFP’s story Limited climate change accord likely in Paris, IPCC expert says

Lead stories

Limited climate change accord likely in Paris, IPCC expert says
By Christian Spillmann – AFP
Encouraging progress at climate change talks points to the likelihood of an overall accord being reached at the Paris conference in December, but the deal is unlikely to adequately fight global warming, a top IPCC official said Sunday. 
http://jlne.ws/1ANbDhk

As Kyoto Protocol turns 10, UN says ‘first critical step’ must trigger new 2015 emissions-curbing deal 
UN News Center
As momentum builds towards negotiations in Paris next year on a universal climate agreement, the United Nations announced today that early analysis shows that countries with targets under the landmark Kyoto Protocol – the world’s first emission reduction treaty – have collectively exceeded their original ambition. 
http://jlne.ws/1DBGVZ8

Surprisingly, a Voluntary Climate Treaty Could Actually Work
By Michael Greenstone – The New York Times
Negotiators around the world are deliberating proposals for an international climate change treaty that will contain a glaring loophole: It won’t be binding. 
http://jlne.ws/1Mtc8BU

EU pilot projects to drive green investments
BusinessGreen 
The EU has launched two pilot projects designed to leverage more than a 1bn euro of spending on measures to save energy, preserve wildlife and adapt infrastructure to climate change. 
http://jlne.ws/1zKOhUc

EU on track for green energy goal but UK, Dutch lagging
By Barbara Lewis – Reuters
EU nations are on track to meet a target to get one fifth of their energy from renewable sources by 2020, even though Britain, the Netherlands and Luxembourg are lagging behind, the European Environment Agency (EEA) said on Tuesday. 
http://jlne.ws/1A2nWFK

Biofuel from trash could create green jobs bonanza (in Europe), says report
By Arthur Neslen – The Guardian 
Creating biofuels from waste produced by industry, farms, and households could generate 36,000 jobs in the UK and save around 37 million tonnes of oil use annually by 2030, according to a new report.
http://jlne.ws/1DBv2T2 
***LB: Also in this story “However, a key vote in the European Parliament’s environment committee next week could stop this potential being realised, as a centre-right grouping of MEPs has signalled that it will oppose a biofuels reform package considered crucial to the fledgling industry.”

Report: Chinese firms to face increased pressure to cut emissions
By James Murray – BusinessGreen
Businesses in China will have to deliver steep reductions in emissions over the coming decades if the country is to deliver the level of action required to limit global temperature increases to 2C. 
http://jlne.ws/1L6bkPV

Apple cracks down on polluting supply chains with 15 factory closures
By Jessica Shankleman – BusinessGreen
Apple suspended production at 15 facilities last year, after they were found to have repeatedly violated its environmental standards by polluting fresh water supplies and air. 
http://jlne.ws/1FWKIzV

ING Group beefs up green investment portfolio
By Jessica Shankleman – BusinessGreen
ING Group financed 19.5bn euros of sustainable projects and companies, such as renewable energy and green building schemes in 2014, the company confirmed today. 
http://jlne.ws/1EJ1OQg 

Events

2015 Climate Leadership Conference
ACCO, EPA, The Climate Registry, C2ES
February 23-25, 2015
Ritz-Carlton Pentagon City (Arlington, VA) 
http://jlne.ws/AAf4bu

Navigating the American Carbon World (NACW) 2015
North America’s premier conference on climate policy and carbon markets
Presented by the Climate Action Reserve
April 28-30, 2015
Los Angeles, California 
http://jlne.ws/1F1ycOT

Carbon

Ontario Inches Towards Carbon Pricing, Explores Ag And Forestry Offsets
By Gloria Gonzalez – Ecosystem Marketplace
Ontario officials have been hinting for weeks that they would be putting forth an ambitious climate plan that will include a carbon pricing program.
http://jlne.ws/1AhA5FJ 
***LB: Also in this story “Today, regulators released a discussion paper that seeks advice on the type of program to be implemented, but makes clear that carbon pricing will be coming to the Canadian province in some format.”

EU policy mash dents carbon markets before Paris climate deal
By Mathew Carr – The sydney Morning Herald
The European Union’s carbon market, designed to save the environment, is being undercut by a patchwork of national subsidies for renewables and misaligned energy policies that have helped cut in half the volume of power being traded. 
http://jlne.ws/1yR9RpV

Natural gas/coal

Asia coal bonds due for reality check 
By Umesh Desai – Reuters
Bonds of major Asian exporters of power-station coal have surged in the past month as a regional price benchmark for the commodity bounced off six-year lows. But with coal fundamentals fragile, a reality check looms for the debt market.
http://jlne.ws/1yQ0pmv

Noble Energy to supply Egypt with 7 LNG cargoes for two yrs from April- statement 
Reuters
American oil firm Noble Energy will supply Egypt with seven LNG cargos from April for two years, an Egyptian oil ministry statement said on Tuesday. 
http://jlne.ws/1AyBFGF

Siemens Sticking With Energy Push Heralds Subsea Deals
By Brooke Sutherland and Alex Webb  – Bloomberg 
If Siemens AG is still serious about getting bigger in energy markets, its next move should be offshore.
http://jlne.ws/1L5Bzpy

Is Longannet coal-fired power station closure on the cards?
BusinessGreen
One of the UK’s largest coal-fired power plants could close earlier than planned, according to BBC reports. 
http://jlne.ws/1AgKT76

Power

Actis to set up $1.9bn renewable business in Africa
By Katrina Manson – Financial Times
Actis, the UK-listed private equity group, is to set up a $1.9bn renewable energy business in Africa, in an attempt to tap the continent’s resources and meet its growing demand for electricity. 
http://jlne.ws/19qNUsH

ReneSola Expands LED Lighting Solutions Division in U.S.
PRNewswire
ReneSola Ltd, a leading brand and technology provider of energy-efficiency products, today announced the expansion of its new LED lighting solutions division in the United States. 
http://jlne.ws/17kz0Tl

(India’s) PM Narendra Modi for innovation in renewable energy for affordable power
PTI
Keen to tap renewable sources to bridge energy deficit, Prime Minister Narendra Modi today called for innovation and research to make solar and wind power affordable, even as companies like NTPC, Suzlon and Reliance Power pledged mega investments in such areas.
http://jlne.ws/1Azv8LW

Clean tech 

How far from the death of the internal combustion engine?
By Godwell Nhamo – BDLive
Evidence pointing to the death, in the not-too-distant future, of the internal combustion engine — which has been a workhorse in cars and other machines for 150 years — is growing. 
http://jlne.ws/1EjIrxw 

Water

Water Resources Could Constrain Mexico’s Industrial Growth
Circle of Blue
Industrial growth could be curtailed in Mexico if the country does not improve its water management, a new report found.
http://jlne.ws/1AyxPgP

Mississippi River Basin Grants Itself Two More Decades to Cut Nutrient Pollution
Circle of Blue 
Deadline extension for nutrient pollution in the Mississippi River Basin. More heat means more evaporation from western farmland and reservoirs. 
http://jlne.ws/1A1LAm1

Taps Start to Run Dry in Brazil’s Largest City
By Simon Romero – The New York Times
Endowed with the Amazon and other mighty rivers, an array of huge dams and one-eighth of the world’s fresh water, Brazil is sometimes called the “Saudi Arabia of water,” so rich in the coveted resource that some liken it to living above a sea of oil.
http://jlne.ws/1zk8Zer

 

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