In this edition, we feature Ecosystem Marketplace’s latest report, State of the Forest Carbon Markets is featured. Key report findings include: market growth of 9% and a growing interest from the business community in payment schemes that protect forests. In 2012, the amount of forest conserved by carbon finance grew to 26.5 million hectares. Find the report and other news below.

Quote of the Day:

“Linking the programs will provide a framework for additional partners to join and demonstrate a workable template for urgently needed climate action. We recommend that joint auctions only occur after readiness for joint auctions is confirmed.”

–California Air Resources Board Chair Mary Nichols in Reuters’ “California says ready to link carbon market with Quebec”

Lead Stories

Deutsche Bank Energy Analyst Lewis Leaves After 14 Years
Mark Lewis, head of energy research at Deutsche Bank AG (DBK)’s commodities unit, left last month after 14 years with the company.

Enbridge to Move Ahead With Northern U.S. Pipeline
The Wall Street Journal
Enbridge Inc.(ENB) said Wednesday it is forging ahead with efforts to build a pipeline to move oil from North Dakota to Midwestern U.S. refineries, despite regulatory hurdles and local opposition.

California says ready to link carbon market with Quebec
California is ready to link its carbon cap-and-trade program with a similar effort in the Canadian province of Quebec, a move that could pave the way for further expansion of the market in coming years, state officials said on Tuesday.

Warsaw won’t add any climate polish
World governments are likely to recoil from plans for an ambitious 2015 climate change deal at talks next week, concern over economic growth at least partially eclipsing scientists’ warnings of rising temperatures and water levels.

Abbott govt ditches pre-Warsaw consultations
The Australian/Climate Spectator
The Abbott government yesterday cancelled climate-related consultations with domestic business and overseas diplomats, casting doubt about the position Australia will take to UN climate talks in Poland next week, The Australian reports.

Energy Revolution Heads South of the Border
The Wall Street Journal
So far, the North American energy revolution has been limited to the U.S. and Canada, the region’s two largest economies.

Demand For Forest Carbon Offsets Rises As Forestland Under Carbon Management Grows
Ecosystem Marketplace
Carbon finance supported the management of forests spanning 26.5 million hectares worldwide as businesses in 2012 injected a near-record $216 million into projects that plant trees, avoid deforestation, improve forest management and support low-carbon agriculture.

Covering New Ground: State of the Forest Carbon Markets 2013

Threat of EU action on energy spooks German industry
A leading Social Democrat warned on Wednesday that the European Union planned to investigate German renewable energy discounts for industry, a move that could end up hitting a raft of companies operating in Europe’s biggest economy.

Enel Green Power looks to Africa, Latin America for growth
Enel Green Power, one of the world’s biggest renewable energy companies, is looking to Africa and South America to fuel future growth as it shifts its focus away from core European markets.


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

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


Coalition defends carbon tax plans
The Abbott government remains adamant that scrapping the carbon tax will immediately reduce power prices, despite a leading business group warning the impact won’t be as fast.

BHP backs carbon tax repeal
Australian Financial News/Climate Spectator
BHP Billiton Ltd has backed the Abbott government’s move to repeal Labor’s carbon tax and supported the government’s Direct Action plan in its place, The Australian Financial Review reports.

Recession ‘not main effect’ on EU emissions fall
Climate Spectator
The uptake of renewables and not the advent of the eurozone economic crisis has been the major contributor to Europe’s significant fall in emissions, contrary to the European Commission’s claim, a new analysis from investment group CDC Climat has found.

Carbon Credit Scams: Regulator Warns Public
Sky News
Regulators have warned the public against buying carbon credits after 1,500 people lost a total of £24m in “worthless” investments.Nineteen companies selling carbon credits to private investors have been shut down over the past 15 months.

Japan to boost green tech transfers to earn emissions credits
Global Post
The Japanese government aims to boost its transfer of energy-saving technologies to developing countries to earn emissions credits in return under a bilateral scheme, government sources said Wednesday.

Natural Gas/Coal/Alternative Fuels

Gevo Tumbles on Production Delays at Minnesota Biofuel Plant
Gevo Inc. (GEVO), the U.S. biofuel producer backed by French oil company Total SA, tumbled the most in 13 months on production delays at its facility in Luverne, Minnesota, and plans to raise capital.

Cyprus in Plan to Develop a Natural Gas Industry
The New York Times
Cyprus, seeking to rebuild its economy after the collapse of its banking industry, will announce on Thursday an agreement with Total, the French oil giant, to develop a plant to liquefy natural gas, the Cypriot energy minister said.


Poland Seeks 40% Cut in Renewable Energy Costs by 2014
Poland aims to cut the cost of renewable energy suppliers 40 percent by 2014 by auctioning fixed-price contracts for generators and by cutting subsidies, the nation’s deputy economy minister said.

SunEdison Gets $176 Million for South Africa Solar Plant
SunEdison Inc. (SUNE), the solar-plant developer and polysilicon supplier formerly known as MEMC Electronic Materials Inc., received 1.8 billion rand ($176 million) in financing for a project in South Africa.

RWE to cut 2,500 jobs in German power generation-source
RWE, Germany’s No.2 utility, will be cutting some 2,500 jobs in its power generating business in Germany over the next few years, a source familiar with the plans said on Wednesday.

Canadian Solar picks ABB to work on Ontario solar power farm
Solar power company Canadian Solar Inc said it selected a unit of Swiss engineering company ABB Ltd and Ontario construction company Bondfield Construction to help build its 100-megawatt solar photovoltaic power plant in Ontario.


Why the relationship between water and agriculture needs to change blog
All living creatures need two things to survive: food and water. A WRI analysis shows just how much tension exists between those two essential resources.

Texas Water Measure Passes to Help Pay for Infrastructure Works
Texas voters passed a water measure that allows a state enduring drought and supply woes as the population grows to put $2 billion of reserves into a fund to help pay for reservoirs and related public infrastructure works.

GE, Sasol Team Up on Water-Treatment Pilot Plant in South Africa
General Electric Co. (GE) and Sasol Ltd. (SOL) are collaborating on a water-technology pilot project that will clean wastewater from plants producing synthetic fuels and chemicals and supply biogas as a byproduct for power generation.


OECD: Effective carbon prices (November 4, 2013)

Global 500 Climate Change Report 2013 (Posted September 12, 2013)

The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance

Sub-national involvement in NAMA development (posted August 7, 2013)
Ecofys’ International Climate Policies Unit

U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank

Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)

Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Ecosystem Marketplace

View all reports >

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