A note of thanks
It is not often that you find someone who can do whatever you ask them to do, do it well and consistently for years. Such has been the case for Rachel Koning Beals, who has managed this newsletter since 2008.
She is a journalist in the ideal sense, one who is able to move into a new topic such as environmental markets, learn it, understand it and then master it. So it is with great regret that Rachel is moving on to other pursuits and looking to spend more time with the only thing more important in life than this Environmental/Energy – her family. This newsletter has been my baby – one I created with John Lothian in 2006. It’s had a great run but that is largely due to the work that has gone into it by Rachel and others on the John Lothian News team.
I wish Rachel the best going forward, although she may lend a hand from time to time going forward. As for Environmental/Energy, we will continue putting the newsletter out during business hours each day with the help of Jeff Bergstrom, a contributing editor who works on our JLN Options and JLN Financials newsletters. We also will be working to transition the newsletter to another journalist in the coming weeks. I will keep you posted on that.
As for Rachel, I truly am grateful and appreciate all the time, effort and care she has put into this publication. I’m proud of the work we do on Environmental/Energy, which are still the most interesting and compelling industries to follow.
As for Environmental/Energy, we’re always looking to improve. If you have any suggestions to make this publication better, please do not hesitate to contact me directly at email@example.com.
Thank you, readers!
I’ve thoroughly enjoyed curating the best news, blogs, and quotable influencers in this evolving and deeply interesting world where science and politics meet corporate enterprise and market ingenuity. Years ago, I’d never have guessed I’d sit at dinner parties and explain carbon permits or the clean development mechanism, but nonetheless I have, and I will, as I anxiously await what’s next — the Keystone decision, a North American carbon market linkage? a global linkage? Only now I’ll be following the next big thing as a loyal reader of Environmental/Energy. Truth be told, I do look forward to guest editing from time to time so until then . . .
Quote of the Day:
“China’s pilots are a breath of fresh air and expected to generate 24 million tonnes in trading this year from auctions as well as post-(clean development mechanism) salvaged offsets. Looking ahead to 2015, volume of Chinese pilots is projected to grow tenfold to about 227 million tonnes, as (Certified Emission Reduction) credits are remanufactured into ones eligible for domestic use to help offset the seven compliance markets.”
–Thomson Point Carbon Analyst Hongliang Chai
EU manufacturers resume fight for carbon market shake-up
European manufacturers’ lobby IFIEC Europe on Thursday launched an attack on the EU’s Emissions Trading System (ETS), opposing current reform plans and calling for drastic changes to prevent a flight of investment abroad.
EU carbon permit backloading to start March 12, Britain first
Britain will be the first to cut the supply of EU carbon permits on March 12 under the bloc’s backloading plan, exchanges ICE Futures Europe and EEX said on Thursday.
Global carbon market to reach record volumes by 2016
Climate Spectator/Thomson Reuters Point Carbon
In 2014, the value of the globally-traded carbon market will rise by two thirds from 2013 reach $US88bn, ($US53bn in 2013), with volume increasing by 3 per cent to 9.6 Gt CO2e, according to analysis by Thomson Reuters Point Carbon.
Mexico, China led on climate action in 2013
The Hill’s E2 Wire
Mexico and China made the most progress last year on climate change laws, according to a study by GLOBE International. Out of 66 countries listed, 62 have passed or are working on “significant climate or energy-related laws, Bloomberg reports. The U.S. was included in report, noting that “dedicated climate change legislation remains politically challenging.”
Is The Solution To Climate Change In Vancouver?
Across America, the impacts of climate change are already being felt as temperatures rise, droughts are prolonged, and weather becomes increasingly severe and unpredictable. But solutions seem few and far between — and solutions that both sides can agree on even fewer.
Australia should cut emissions by 19 per cent to play fair role: Climate Change Authority report
The Sydney Morning Herald
Australia should reduce emissions by 19 per cent from 2000 levels by the end of the decade – a significantly stronger target than the current pledge of a 5 per cent cut – to play its part in stopping dangerous global warming, expert advice to the government says.
Lord Deben’s sharp words for Australia’s approach to climate change
The Abbott government’s move to abandon the carbon tax and other climate measures has been contentious within Australia but few critics from outside the country have been as outspoken as Lord Deben.
Senators take another crack at energy bill
The Hill’s E2 Wire
A bipartisan Senate duo on Thursday renewed the fight for passage of an energy efficiency bill. Sens. Jeanne Shaheen (D-N.H.) and Rob Portman (R-Ohio) on Thursday reintroduced an energy efficiency bill that stalled in September after debates about the Affordable Care Act and the Keystone XL pipeline sidetracked the legislation.
Pelosi endorses Eshoo for top Energy spot
House Minority Leader Nancy Pelosi (D) on Thursday endorsed fellow California Rep. Anna Eshoo in her bid to become top Democrat on the House Energy and Commerce Committee. The move boosts Eshoo, a fellow Californian and close Pelosi ally, as she vies with Rep. Frank Pallone (D-N.J.) to replace outgoing Rep. Henry Waxman (D-Calif.) atop the powerful panel.
India’s Diesel Subsidy Spurs Pollution Worse Than Beijing
Molecular biologist George Easow’s move to India to start a clinical diagnostics business lasted just three weeks before he was convinced to return to the U.K.
Industry-funded report calls for changes to German energy policy
Germany’s current policy of rapidly deploying renewable energy should be redesigned to prevent its industry from losing global market share because of high power costs, a report by international think-tank IHS said on Thursday.
Germans told of billions lost to trade due to energy policy
Germany’s exports would have been 15bn euro higher last year if its industry had not paid a premium for electricity compared with international competitors, according to an analysis published on Thursday.
Colorado communities push back as state leaders laud air rules
The Denver Post
While Gov. John Hickenlooper, industry leaders and environment advocates praised Colorado’s new statewide air-pollution rules for oil and gas operations, local elected officials and community activists are launching campaigns to buttress local control.
Climate and Energy Forecast
It will be hotter. It will be drier, at times, and wetter at others. We’ll get less water from the Sierra Nevada snowpack, and the Pacific Ocean will rise and creep inland. But beyond those brute certainties, scientists, futurists, technologists, and entrepreneurs offer competing visions about how climate change will affect California in the decades to come.
Natural Gas/Coal/Alternative Fuels
Norway Oil Fund Ban Proves No Hurdle for Arctic Coal Mining
As lawmakers in Oslo debate whether to ban their $840 billion sovereign wealth fund from investing in coal companies, the country has opened a new coal mine in the Arctic Svalbard archipelago.
RPT-West Virginia senator pushes coal bill as counterweight to EPA
As the Obama administration readies rules to force all U.S. power plants to lower the rate at which they produce greenhouse gases, Senator Joe Manchin of West Virginia, a major coal state, is trying to steer a bill through the Senate that he said would hold off the Environmental Protection Agency.
Natural gas boom advances with little study of public health effects, report finds
The Center for Public Integrity
A new study has underscored just how little is known about the health consequences of the natural gas boom that began a decade ago, when advances in high-volume hydraulic fracturing, or fracking, and directional drilling allowed companies to tap shale deposits across the United States.
Is California prepared for a domestic oil boom?
San Francisco Chronicle
The North Dakota oil boom has resulted in more trains going boom. At least 10 trains hauling crude oil from the Bakken Shale across North America have derailed and spilled, often setting off explosions. The deadliest killed 47 people in Lac-Mégantic, Quebec, on July 6, 2013. As California refineries seek to adapt their operations to bring in Bakken crude by rail, Bay Area residents in refinery towns want to know: Will they be safe?
Musk Says Renewable Energy Shift to Give Utilities Strife
Tesla Motors Inc. (TSLA) Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.
Acciona prepares to take foreign energy partner after first loss
Spain’s Acciona has received multiple offers for a stake in its foreign renewables business, the company said on Thursday after cuts to green energy subsidies sent the group to a full-year net loss for the first time.
ACT doubles down on big wind, solar
The ACT Government will amend its large scale feed-in tariff law to support the development of up to 550MW of large scale wind, solar and waste to energy projects to help achieve the city’s greenhouse gas reduction targets, Minister for the Environment and Sustainable Development, Simon Corbell, announced yesterday.
Offshore Wind Farms Could Knock Down Hurricanes
Hurricanes are unstoppable, right? Apparently not. An intriguing new computer simulation shows that 78,000 large wind turbines spread across 35,000 square kilometers of ocean outside of New Orleans would have cut Hurricane Katrina’s category 3 winds at landfall by 129 to 158 kilometers per hour (80 to 98 miles per hour) and reduced the storm surge by 79 percent. The same collection of turbines offshore of New York City would have dropped Hurricane Sandy’s winds by 125 to 140 kph and the surge by up to 34 percent.
3Degrees Voted #1 REC Trader in North America
Environmental Finance, the leading global publication covering environmental markets, has named 3Degrees Best Trading Company, Renewable Energy Certificates, North America in its 14th Annual Market Rankings. http://jlne.ws/N7PO6o
Warming Pause Doesn’t Reverse Scientific View on Climate
A pause in the pace of global warming does not invalidate research that links climate change to human activity, national science academies in the U.S. and U.K. said in a joint report.
Global warming slowdown likely to be brief -US, UK science bodies
A slowdown in the pace of global warming so far this century is likely to be only a pause in a longer-term trend of rising temperatures, the science academies of the United States and Britain said on Thursday.
State of Green Business 2014
California Carbon Market Watch: A Comprehensive Analysis of the Golden State’s Cap-and-Trade Program,Year One (January 8, 2014)
Assessing Corporate Emissions Performance Through the Lens of Climate Science (December 2013)
Climate Counts and Center for Sustainable Organizations
Use of internal carbon price by companies as incentive and strategic planning tool (Posted December 11, 2013)
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
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)