In this edition, Germany’s Merkel gives her first post-election speech and includes a call for an EU carbon-market fix. Markets respond with a three-month high for carbon prices. Elsewhere in the political realm, TransCanada Expects U.S. Decision on Keystone XL by End of March. Plus, Low Natural Gas Price to Hamper U.S. Energy Efficiency, IEA Says.

Quote of the Day:

“We need a certain degree of backloading of CO2 emissions so certificate prices return to a sensible level. That’s OK, because the economic growth rates on which the pool of CO2 certificates is based haven’t happened in the last few years.”

–German Chancellor Angela Merkel in Bloomberg’s “Merkel Backs EU Carbon Fix in First Post-Election Speech”

Lead Stories

U.S. Remains Vulnerable Despite Potential Energy Independence
The Wall Street Journal
Forty years ago this week, when big oil producers in the Middle East slapped an embargo on oil exports to the U.S., the shock was severe: Crude-oil prices spiked, fuel lines snaked behind gas stations and years of stagflation followed. Starting with Richard Nixon, eight presidents have urged the country to strive for energy independence as a way to forestall a repeat of 1973.
http://jlne.ws/1hXcH4G

California poised to adopt first-in-nation energy storage mandate
San Jose Mercury News
A California law that requires utilities to get 33 percent of their electricity from renewable sources like solar and wind is widely credited with accelerating the state’s cleantech economy. Now state regulators are poised to compel utilities to invest in “energy storage,” which could jump-start technology long considered the holy grail of the electricity industry.
http://jlne.ws/16OByX2

TransCanada Expects U.S. Decision on Keystone XL by End of March
Bloomberg
TransCanada Corp. (TRP), Canada’s second-largest pipeline company by market value, expects a U.S. ruling on the Keystone XL pipeline in the first quarter of 2014.
http://jlne.ws/19RpgO7

Merkel Backs EU Carbon Fix in First Post-Election Speech
Bloomberg
German Chancellor Angela Merkel came out in favor of a European Union proposal to bolster the region’s carbon market, triggering the biggest jump in emission prices in more than three months.
http://jlne.ws/GYJLOo

EU Carbon Jumps Most in Three Months After Merkel Backs Glut Fix
Bloomberg
European Union carbon allowances rose the most in more than three months after German Chancellor Angela Merkel said she favored a proposal to bolster the region’s carbon market.
http://jlne.ws/19NJkgf

Germany wins backing of EU ministers to block car emissions law
EurActiv.com
EU environment ministers agreed yesterday (15 October) to German demands to scrap an agreement to cap EU car emissions that Berlin argued would cost jobs and damage its premium auto makers.
http://jlne.ws/H57Jak

EU Offers Changes to Air Emissions Plan
The Wall Street Journal
The European Union Wednesday proposed modifications to its program to control airplane pollution, but the new approach still faces opposition from some foreign governments and environmentalists.
http://jlne.ws/1bzC0bC

South Korea Seeks Broad Fuel Base for Energy Security, Yoon Says
Bloomberg
South Korea wants a broader energy mix as it seeks to solve recurring supply shortages in Asia’s fourth-largest economy, the country’s energy minister said.
http://jlne.ws/1bXDP6r

Climate change will affect almost every corner of ocean, study says
LA Times
Seawater is heating up and becoming more acidic, but those are only the first in a cascade of changes the world’s oceans are expected to go through by the end of the century as they respond to greenhouse gas emissions, a new study says.
http://jlne.ws/19SzlMy

Events

Climate Strategies Forum
Association of Climate Change Officers
October 14-17
Washington, D.C.
http://jlne.ws/14cGFtN

Verge: Where Tech Meets Sustainability
October 14-17
San Francisco, California
http://jlne.ws/1bAKXT4

FT Global Shale Energy Summit
October 21
London
http://jlne.ws/1cemi7d

Solar Power International
October 21-24
Chicago
http://jlne.ws/184e0wa

Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA
climateleadershipconference.org/

Natural Gas/Coal/Alternative Fuel

Low Natural Gas Price to Hamper U.S. Energy Efficiency, IEA Says
Bloomberg
Low natural gas prices will hamper the U.S.’s incentive to continue spending on energy-efficiency projects, according to the International Energy Agency.
http://jlne.ws/19SPhi3

South Africa Seen Facing Legal Battle Over Fracking Rules
Bloomberg
South Africa’s plans to exploit shale-gas reserves are “indefensible” and will lead to a legal battle, an environmental group said after the government published draft regulations on drilling in the Karoo region.
http://jlne.ws/1esuHnQ

Power

Daiwa House Group to Build 20MW Solar Power Plant in Japan
Bloomberg
Daiwa Lease Co., a unit of Daiwa House Industry Co. (1925), will develop and operate a 20-megawatt solar power station in Japan’s western prefecture of Wakayama.
http://jlne.ws/1fE25eg

EU delivers damp squib for smart grids
EurActiv.com
Only two of the long-awaited 248 projects of common interest (PCI) to link Europe’s energy network will be smart grids, the European Commission has said, in an oft-predicted setback for plans to rationally manage energy demand and integrate renewable sources.
http://jlne.ws/17uPmCG

First Solar to Build California Solar Plant for NextEra
Bloomberg
First Solar Inc. (FSLR), the largest builder of solar power plants in the U.S., agreed to construct a 250-megawatt plant in California for NextEra Energy Inc. (NEE).
http://jlne.ws/19RB9DD

GE to Supply Israeli Wastewater-Treatment Plant With Gas Engines
Bloomberg
General Electric Co. (GE) agreed to supply eight 1.4-megawatt biogas engines as part of a project to provide on-site renewable heat and power for the Shafdan wastewater-treatment plant, the biggest of its type in Israel.
http://jlne.ws/1bXJadY
**repeats in Water

Wind Power in Poor Regions May Increase U.S. Access to Financing
Bloomberg
Wind farms may become more attractive to investors because of new guidance that increases the number of banks that may participate in tax-equity financing, according to an industry group.
http://jlne.ws/198IVIq

Water

3M Ventures Arm Makes Equity Investment in TaKaDu Water Network
Bloomberg
3M Co. (MMM), whose products range from Scotch tape to dental braces and Ace bandages, is investing in TaKadu, whose water-network monitoring services help utilities curb losses, reduce costs and increase efficiencies.
http://jlne.ws/1cv5jNu

GE to Supply Israeli Wastewater-Treatment Plant With Gas Engines
Bloomberg
General Electric Co. (GE) agreed to supply eight 1.4-megawatt biogas engines as part of a project to provide on-site renewable heat and power for the Shafdan wastewater-treatment plant, the biggest of its type in Israel.
http://jlne.ws/1bXJadY
**repeats in Power

Reports

Global 500 Climate Change Report 2013 (Posted September 12, 2013)
CDP
http://jlne.ws/16mBo8p

The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance
http://jlne.ws/14Bk1k2

Sub-national involvement in NAMA development (posted August 7, 2013)
Ecofys’ International Climate Policies Unit
http://jlne.ws/19LKChs

U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy
http://jlne.ws/12z1YK5

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank
http://jlne.ws/14KrLza

Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)
IEA
http://jlne.ws/12Bpk41

Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Ecosystem Marketplace
http://jlne.ws/12Cyi0X

View all reports >

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