In this edition, our Leads section kicks off with Bloomberg’s compilation of commentary from former and current climate policy heavyweights. We gave the Quote of the Day spotlight to UNFCCC Executive Secretary Yvo de Boer but all of the officials quoted in the Bloomberg piece are clearly worried about global agreement and not afraid to say it. de Boer’s successor, Christiana Figueres, concurs: “I don’t think even a 2015 agreement is going to all of a sudden overnight result in a 2-degree pathway. There is no agreement that is a miracle,” she told reporters in late October.

WWF’s Samantha Smith doesn’t mince words regarding global efforts, critical of the “…the inertia and the amount of effort it’s taking to get this change.”

“If we’re pinning all of our hopes on an agreement in 2015 that is going to get us under 2 degrees, then we’ve got the wrong approach,” Smith adds.

If anything, the article is a good summary of global policy groups, treaties, and bilateral deals up in the air. Check out it and more in our Leads section.

Quote of the Day:

“There is nothing that can be agreed in 2015 that would be consistent with the 2 degrees. The only way that a 2015 agreement can achieve a 2-degree goal is to shut down the whole global economy.”

–Yvo de Boer, who was UNFCCC executive secretary in 2009, when attempts to reach a deal at a summit in Copenhagen crumbled with a rift between industrialized and developing nations, in Bloomberg’s “Kyoto Veterans Say Global Warming Goal Slipping Away”

Lead Stories

EU this week to OK talks on helping carbon market, official says
Reuters
Officials of EU member states are almost certain to agree on a mandate this week to begin talks with the European parliament on a proposal to prop up carbon prices, an EU official said on Monday.
http://jlne.ws/1cADqXN

Kyoto Veterans Say Global Warming Goal Slipping Away
Bloomberg
The only three living diplomats who have led the United Nations global warming talks said there’s little chance the next climate treaty will prevent the world from overheating.
http://jlne.ws/17ICVXL

OECD – Organisation for Economic Co-operation and: Carbon taxes and emissions trading are cheapest ways of reducing CO2, OECD says
4-Traders.com
Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change, according to a new OECD study.
http://jlne.ws/1iJuLzL

THE REPORT:
OECD: Effective carbon prices
http://jlne.ws/176gahP

Obama Agrees to Open Carbon-Cost Estimate to Outside Comment
Bloomberg
The administration of President Barack Obama said it would revise and open for public comment its estimate of the social cost of carbon, used by agencies to calculate the benefits of regulations to address climate change.
http://jlne.ws/1aADNQw

Latin America joins emissions trading
Reuters
Costa Rica expects to sell 16 million tonnes of carbon credits over eight years on its new carbon exchange, Latin America’s first, a venue that allows polluters to offset their emissions with permits they can buy.
http://jlne.ws/1hJB6O3

Lessons from Shenzhen carbon exchange will help others flourish
South China Morning Post
Experiences of China’s first carbon trading scheme over its initial four months inform preparations for exchanges in other cities.
http://jlne.ws/HthOOS

California Emissions Rise in 2012 on Gas-Fired Power Output
Bloomberg
Greenhouse-gas emissions from power generators, oil refineries and other plants in California climbed in 2012 as a nuclear plant shutdown and low hydropower supplies increased the state’s reliance on natural gas.
http://jlne.ws/16B86TX

US Midterms Unlikely to Change Carbon Pricing Politics
Energy Collective blog
With the Republican Party’s favorability ratings reaching record lows last month, some have begun wondering whether Democrats could actually retake control of the House of Representatives in next year’s midterm elections.
http://jlne.ws/1aBKGBf

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

Fuel-From-Soy Makers Mount Last-Ditch Lobby Push on EPA
Bloomberg
Companies that make biofuels from corn husks, soy and other materials are mounting a last-ditch lobbying campaign to prevent a weakening of the U.S. renewable-fuel mandate, saying a lower requirement would set back an industry that is ready to blossom.
http://jlne.ws/17CphYg

Trying Again: Proposing a National U.S. Renewable Energy Standard
Renewable Energy World.com
Several U.S. Senators are resurrecting legislation seeking to create a national Renewable Energy Standard (RES), while more proposed RPS changes crop up in some quieter market
http://jlne.ws/1heAjGY

Merkel Facing Power Dilemma as Coal Plants Open: Energy Markets
Bloomberg
Germany, Europe’s biggest power market, is poised to open its first new coal-fired plants in eight years, just as prices slump because of a glut of electricity.
http://jlne.ws/1aZyTLi
**Repeats in Power

Power

Merkel Facing Power Dilemma as Coal Plants Open: Energy Markets
Bloomberg
Germany, Europe’s biggest power market, is poised to open its first new coal-fired plants in eight years, just as prices slump because of a glut of electricity.
http://jlne.ws/1aZyTLi
*repeats in Coal

South Africa Approves $3.3 Billion of Renewables Projects
Bloomberg
South Africa approved 33.8 billion rand ($3.3 billion) for 17 clean-energy projects in the third of five bidding rounds of a program to cut its reliance on coal.
http://jlne.ws/HG2EWg

EU Nations Should Cut Some Wind, Solar Subsidies, Alstom Says
Bloomberg
European nations should cut subsidies paid to onshore wind and solar photovoltaic projects after 2020 and focus instead on new technology, said turbine-maker Alstom SA (ALO)’s vice president of environmental policy and global advocacy.
http://jlne.ws/17CpDhv

Microsoft to buy wind power for data center in Texas
Reuters
U.S. computer software company Microsoft Corp said on Monday it signed a 20-year power purchase agreement for wind energy in Texas.
http://jlne.ws/Hx2lxs

Reports

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 >

Pin It on Pinterest

Share This Story