In this edition, Australia’s Clean Energy Regulator has supported the scrapping of planned carbon permit auctions, saying market interest in the permits would likely be weak as the federal government seeks to repeal the carbon price, The Daily Telegraph reports. The Greens will seek to block the Abbott government’s move. Plus, in the U.S., an Obama -administration effort to cut greenhouse-gas emissions faced an uncertain fate at the Supreme Court on Monday, with justices sharply divided over industry claims that the government is going too far in applying the Clean Air Act.

Quote of the Day:

“[The EPA doesn’t want to sweep] all the Dunkin’ Donuts in America under it. That’s not what’s going on. In fact, it’s the opposite.”

–U.S. Solicitor General Donald Verrilli, currently arguing EPA authority in U.S. emissions regulation before the Supreme Court, in The Wall Street Journal’s Justices Divided on EPA Greenhouse-Gas Case”

Lead Stories

For the Supreme Court, a Case Poses a Puzzle on the E.P.A.’s Authority
The New York Times
In trying to decide whether the Environmental Protection Agency has the authority under two programs to regulate greenhouse gas emissions from stationary sources like power plants, the Supreme Court on Monday faced what Justice Elena Kagan called “the conundrum here.”
http://jlne.ws/1foyUwf
**RKB — Justice Kennedy, who may hold the decisive vote: “I couldn’t find a single precedent that strongly supports your position.”

Hopes raised over US emissions regulation
Financial Times
The Obama administration’s attempt to regulate greenhouse gas emissions from new power plants and other industrial sources could remain substantially intact even if some of its plans are struck down by the Supreme Court, the court was told on Monday.
http://jlne.ws/1cKTq7S
**RKB — Misleading headline?

Obama’s carbon emissions crackdown faces yet another day in court
Business Green
The long-running legal saga that could ultimately shape the US, and hence the world’s, response to climate change has taken yet another dramatic twist, as the Supreme Court once again heard arguments yesterday over the legality of the Obama administration’s new emissions regulations.
http://jlne.ws/1lij88D

Justices Divided on EPA Greenhouse-Gas Case
The Wall Street Journal
An Obama -administration effort to cut greenhouse-gas emissions faced an uncertain fate at the Supreme Court on Monday, with justices sharply divided over industry claims that the government is going too far in applying the Clean Air Act.
http://jlne.ws/1lijk7X

Hunt moves to scrap carbon auctions
AAP
The Greens will seek to block the cancelled auction of carbon units to polluters, which the Abbott government says will add millions to household bills and cause business uncertainty. Environment Minister Greg Hunt on Monday announced he had put an end to three auctions due to take place before June 30 next year.
http://jlne.ws/1esyyyK
**additional coverage in Carbon section

Survival of Fittest in Green Energy Shows Workout: China Credit
Bloomberg
Only three to five “leading” solar companies will remain in China by 2017 and account for 80 percent of the market, Trina Chairman Jifan Gao said in an interview last month. There are now about a dozen companies with the capacity to produce more than 1 gigawatt of cells a year. Trina, which returned to profitability in the third quarter, last week said it has bought a majority stake in solar-cell producer Hongyuan PV Science and Technology.
http://jlne.ws/1c1LZv5

UN Green Fund to Pay Quarter of Money to Islands, Africa
Bloomberg
The UN Green Climate Fund, set up to help finance projects that cut emissions in poorer nations and help them adapt to a warming planet, will pay at least a quarter of its money to the most vulnerable nations.
http://jlne.ws/Mq0qN0

GE to spend $10bn on gas technologies
Reuters
General Electric Co plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $US10 billion through 2020 for its “ecoimagination” budget.
http://jlne.ws/1dt79x8

Events

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

The Microgrid, Distributed Energy, and Renewables: How They Work Together
February 25, 2014
New York
http://jlne.ws/1hTnxNR

Round Table: California Clean Energy Markets and Policy Strategies
EMA
February 28, 2014
San Francisco,CA
Click here for more information and to register.

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

GLOBE 2014
13th Biennial Conference and Trade Fair on Business and Sustainability
March 26-28, 2014
Vancouver, British Columbia
http://jlne.ws/1cAETLI

Carbon

Regulator backs auction scrapping
Daily Telegraph/Climate Spectator
The Clean Energy Regulator has supported the scrapping of planned carbon permit auctions, saying market interest in the permits would likely be weak as the federal government seeks to repeal the carbon price, The Daily Telegraph reports.
http://jlne.ws/1mEHzif

Govt presses on carbon repeal
AAP
Christopher Pyne says tests are mounting for Opposition Leader Bill Shorten, who must vote to scrap the carbon tax when parliament resumes this week.

UK grants Shell carbon capture money
Reuters
Shell has secured millions of pounds of funding from the British government for the next stage of its carbon capture and storage (CCS) project at SSE’s Peterhead gas plant in Scotland, Shell and the government said on Monday.
http://jlne.ws/1gz4rYW

Global CDM needs ‘bold response’
Climate Spectator
Tough market conditions threatening the Kyoto Protocol’s Clean Development Mechanism (CDM) require an imaginative, even bold response, members of the CDM executive board heard from their new chair this week.
http://jlne.ws/1pnZQPM

Western NSW forests to join carbon program
The Australian
GreenCollar Group will issue the first ever Australian Carbon Credit Units (ACCUS) for a Native Forest Protection project on a Western Lands lease.
http://jlne.ws/NtPAX2

Natural Gas/Coal/Alternative Fuels

Brussels probes UK state aid for Drax power station project
Financial Times
Brussels has started a preliminary investigation into whether the UK breached state aid rules when it guaranteed a 75m sterling loan to Britain’s largest coal-fired power station to help it burn wood pellets instead of coal, the Financial Times has learnt.
http://jlne.ws/1jwzp6E
**repeats in Power

A Natural Gas Power Plant with Carbon Constraints—and an Expiration Date
ClimateWire/Scientific American
Coal plants aren’t the only power generators coming under scrutiny for their greenhouse gas emissions these days. A new natural-gas-fired power plant in Massachusetts was cleared for construction last week, but only after agreeing to ratchet down its carbon output each year until it goes offline in 2050.
http://jlne.ws/OxC99Q

Power

Power market at ‘breaking point’
The Australian
EnergyAustralia believes energy policies at both state and federal levels are putting the National Electricity Market at risk, according to The Australian.
http://jlne.ws/1lig4Ju

Brussels probes UK state aid for Drax power station project
Financial Times
Brussels has started a preliminary investigation into whether the UK breached state aid rules when it guaranteed a 75m sterling loan to Britain’s largest coal-fired power station to help it burn wood pellets instead of coal, the Financial Times has learnt.
http://jlne.ws/1jwzp6E
**repeats in Nat Gas/Coal

Five million German households faced with higher power bills
Reuters
Some 80 German companies are set to raise retail electricity prices in February, March and April by an average 4 percent, data from the internet portal Verivox showed on Monday, after the government last month hiked a levy to support green power.
http://jlne.ws/1hlbTJ6

Water

Two-thirds of world population face water scarcity, UAE expert warns
The National
Two thirds of the world population, or 5.3 billion people, will face some kind of water scarcity by 2025, experts say.
http://jlne.ws/NtQTFG

Opinion: Crisis of water scarcity continues to stalk China
Japan Times
While much attention is being paid to the negative consequences of environmental pollution in China, another crisis is brewing with equally dangerous consequences for people’s health and for the country’s development: water scarcity.
http://jlne.ws/NtQFhB

Reports

State of Green Business 2014
GreenBiz.com
http://jlne.ws/1kte6FV

California Carbon Market Watch: A Comprehensive Analysis of the Golden State’s Cap-and-Trade Program,Year One (January 8, 2014)
EDF
http://jlne.ws/1agCk0M

Assessing Corporate Emissions Performance Through the Lens of Climate Science (December 2013)
Climate Counts and Center for Sustainable Organizations
http://jlne.ws/1kZFzuA

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

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

View all reports >

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