ClimateCounts.org has issued what it calls the world’s first science-based ranking of corporate carbon emissions. According to the non-profit, iIf a company claims that it plans to reduce its carbon footprint 15% by 2020, is that good? Better yet, is it enough? The purpose of this study was to analyze greenhouse gas (GHG) emissions of 100 companies against science-based targets that seek to limit climate change to 2o Celsius (3.6o Fahrenheit). As climate modeling has provided a “best guess” as to what it will take to reverse climate change and stabilize greenhouse gas emissions to safe levels, this study assesses how well companies are performing in the context of environmental thresholds. Visit the Climate Counts site for a quick graphic breakdown of the findings or download the complete study. More on this release, plus Eight nations get EU clearance to hand out free carbon permits and How Asia Leads on Carbon Emissions Trading below.

Quote of the Day:

“It’s a great balancing act. You’ve got all these additional people and agriculture being a huge part of economic development — 2 billion people are either directly or indirectly employed by agriculture worldwide — and yet agriculture’s impact on the environment and natural resources is just staggering in terms of land use, climate change emissions, and water.”

–Brian Lipinski, World Resources Institute researcher, in Circle of Blue’s Report: 25% of World’s Agriculture Growing in Regions of High Water Stress”

Lead Stories

Eight nations get EU clearance to hand out free carbon permits
Reuters
Eight EU nations have been given approval to issue free 2013 carbon permits, a move that could enable almost a quarter of this year’s long-awaited allocations to be handed out by the end of the week, the European Commission said late Wednesday.
http://jlne.ws/1knCdnV

How Asia Leads on Carbon Emissions Trading
The Moscow Times
It is not well known that Kazakhstan, a nation whose landmass exceeds that of Western Europe and boasts the largest economy in Central Asia, introduced a carbon trading scheme earlier this year. It is the first Asian nation to take on an economy-wide cap, and the trading system has been designed to help it achieve its goal of reducing greenhouse gas emissions to 7 percent below 1990 levels by 2020.
http://jlne.ws/J8VqLe

The world’s first science-based ranking of corporate carbon emissions
ClimateCounts.org
Press Release
If a company claims that it plans to reduce its carbon footprint 15% by 2020, is that good? Better yet, is it enough?
The purpose of this study was to analyze greenhouse gas (GHG) emissions of 100 companies against science-based targets that seek to limit climate change to 2o Celsius (3.6o Fahrenheit). As climate modeling has provided a “best guess” as to what it will take to reverse climate change and stabilize greenhouse gas emissions to safe levels, this study assesses how well companies are performing in the context of environmental thresholds.
http://jlne.ws/1kZFzuA
**RKB — Visit the Climate Counts site for a quick graphic breakdown of the findings or download the complete study.

Europe’s highest court fuels doubt over French wind tariffs
Reuters
Europe’s highest court said on Thursday subsidies to encourage wind power in France had not been properly flagged to the European Union as state funding, prompting calls from the French wind industry for a new, more legally-sound funding system.
http://jlne.ws/1bfhfj9

Polls on where Americans stand on top 5 energy issues facing Washington
Reuters
In the coming year, several energy issues deemed important by public opinion polls will be in the spotlight in Washington.
http://jlne.ws/18UUUY2

Environmental law in 2014: what businesses should know
The Guardian
In common with recent years, 2014 looks set to be full of new developments for the environment. Businesses will need to keep up to date with these developments to ensure they make the most of the opportunities they present and avoid the pitfalls they pose.
http://jlne.ws/IZGdws

Report: 25% of World’s Agriculture Growing in Regions of High Water Stress

Circle of Blue
More than a quarter of the world’s crops are growing in places that are highly water-stressed — classified as areas where at least 40 percent of available water supplies are withdrawn each year — according to a new study from the Washington, D.C.-based World Resources Institute. Researchers say this correlation could increase as demand for food grows and more users compete for scarcer water supplies.
http://jlne.ws/19BiUmN

Events

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

Navigating the American Carbon World (NACW) 2014
March 26-28, 2014
San Francisco, California
www.nacw2014.org

Natural Gas/Coal/Alternative Fuels

Argentina Files Complaint Over EU Biodiesel Anti-Dumping Duties
Bloomberg
Argentina has filed a complaint with the World Trade Organization against the European Union’s decision to impose anti-dumping duties on its biodiesel exports.
http://jlne.ws/1fJxnyr

UPDATE 2-UK renewables support list omits Eggborough coal plant
Reuters
Britain’s Eggborough Power Station faced an uncertain future on Thursday after a decision by the British government not to make its biomass conversion project eligible for fast-track support.
http://jlne.ws/1bTuEkf

Power

Solar Pioneer Says Fukushima Can Make Japan Clean Energy Hotbed
Bloomberg
Japan should be able to turn the energy woes triggered by the 2011 Fukushima disaster into a chance to integrate more clean energy, said an industry expert.
http://jlne.ws/1dpMXNc

Deepwater Says Offshore Wind Farm to Meet Credit Deadline
Bloomberg
Deepwater Wind LLC, the renewable-energy developer planning wind projects off the U.S. Atlantic Coast, expects its Block Island Wind Farm to qualify for a federal tax credit that expires this year.
http://jlne.ws/1c59aC3

Mexico to Triple Demand for Solar Next Year With 250 Megawatts
Bloomberg
Demand for solar panels in Mexico will more than triple next year to 250 megawatts and the country will become Latin America’s biggest market by 2016, according to GTM Research.
http://jlne.ws/IZsFRz

Morgan Stanley to advise Verbund on French plants-source
Reuters
Austrian energy group Verbund has hired Morgan Stanley to advise on the potential sale of two gas-fired power plants in France, a source familiar with the matter said on Thursday.
http://jlne.ws/19g6Rxh

Asia-Pacific to drive PV demand in 2014
NPD Solarbuzz
Solar PV demand in 2014 will be dominated by the Asia-Pacific (APAC) region, which will account for about 50 per cent of all new solar PV demand next year, according to NPD Solarbuzz.
http://jlne.ws/18C18kU

Water

Odebrecht, Grana Win Largest Irrigation Contract in Peru
Bloomberg
Grana & Montero SA, Peru’s biggest construction company, and Odebrecht SA won a $591 million contract to expand irrigation on the north coast that the government says may boost food exports by as much as one-third.
http://jlne.ws/18BTS8q

Reports

Use of internal carbon price by companies as incentive and strategic planning tool (Posted December 11, 2013)
CDP
http://jlne.ws/1dspD1J

OECD: Effective carbon prices (November 4, 2013)
http://jlne.ws/176gahP

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

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

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

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

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

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

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

View all reports >

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