In this edition, major periodicals (remember them?) weigh in on broad economic issues. First up, Rolling Stone with How the U.S. Exports Global Warming. And from Time, an editorial, The Big Business of Global Warming. Also featured, a magazine (well, a multi-media company and scientific association) is making the news. National Geographic has long been in the business of creating what environmental economists call ‘existence value’ – getting people to care about the survival of places they know they will never visit in their lifetimes. Now, they’re using carbon offsets as part of their strategy to reduce operational emissions while investing in some of the gorgeous landscapes that appear in their pages, reports Ecosystem Marketplace.
Quote of the Day:
“The start of the northwest Europe market coupling proves that the internal energy market 2014 is not just lip service. Fragmented European energy markets will soon be history, which is certainly good news for European customers.”
–European Union Energy Commissioner Guenther Oettinger in Bloomberg’s Europe Links 15 Power Markets in Biggest Shift Since 1990s
How the U.S. Exports Global Warming
While Obama talks of putting America on the path to a clean, green future, we’re flooding world markets with cheap, high carbon fuels.
Lagarde Says Cooperation on Climate, Inequality ‘Non-Negotiable’
International Monetary Fund Managing Director Christine Lagarde called on governments to build a “new multilateralism” that includes cities and companies in an effort to address challenges such as widening income disparity.
U.K. Met Kyoto Target, First Carbon Budget, Data Show
The U.K. achieved its first national carbon budget and target for greenhouse gas emissions reductions under the Kyoto Protocol treaty, according to final data from the Department of Energy and Climate Change.
Pollution from oilsands greater than first believed, new research suggests
A new study released Monday suggests environmental assessments of oilsands projects have underestimated the impact of pollution, raising questions about the accuracy of data used as part of the approval process.
Wind industry carries momentum into 2014 — will it last?
Midwest Energy News
Although a key federal tax credit expired at the end of 2013, the U.S. wind industry is still going strong.
Europe Links 15 Power Markets in Biggest Shift Since 1990s
Power markets across 15 European nations from the U.K. to Finland were linked today in their biggest transformation since liberalization in the 1990s.
Greens warn base will sit out election
Environmental groups are warning President Obama that his liberal base might stay home on Election Day if he approves the Keystone XL oil pipeline.
Editorial: The Big Business of Global Warming
The pharmaceutical giant Bayer has made a remarkable — and lucrative — discovery. Allergies are on the rise. The company’s eye-and-nose ointment Bepanthen, already good for more than $200 million in annual sales, could soon be in even higher demand.
Billions needed to fund deforestation prevention plan: report
Donor nations, rainforest-rich countries and multilateral institutions will have to spend tens of billions of dollars in the next few years to ensure that nations undergoing deforestation will have incentives to halt the practice, a report released on Monday said.
National Geographic: Investing in Critical Canopies
National Geographic has long been in the business of creating what environmental economists call ‘existence value’ – getting people to care about the survival of places they know they will never visit in their lifetimes. Now, they’re using carbon offsets as part of their strategy to reduce operational emissions while investing in some of the gorgeous landscapes that appear in their pages.
Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA
The Microgrid, Distributed Energy, and Renewables: How They Work Together
February 25, 2014
Round Table: California Clean Energy Markets and Policy Strategies
February 28, 2014
Click here for more information and to register.
Navigating the American Carbon World (NACW) 2014
March 26-28, 2014
San Francisco, California
13th Biennial Conference and Trade Fair on Business and Sustainability
March 26-28, 2014
Vancouver, British Columbia
Fast-Track EU Carbon-Glut Fix Set for Parliament Vote on Feb. 6
The European Parliament will decide on Feb. 6 whether to speed up the start of a measure to prop up emissions prices after the assembly’s smallest group raised an objection to fast-tracking the proposal.
Natural Gas/Coal/Alternative Fuels
GOP threatens bill to expand gas exports
House Republican leaders issued a report Tuesday calling on the Obama administration to open the global market for U.S. liquefied natural gas exports (LNG), warning they will act if the Energy Department does not.
Bunge Said to Export U.S. Ethanol to Brazil to Meet Shortfall
Bunge Ltd. (BG) is exporting U.S. corn-based ethanol to Brazil, the world’s second-largest consumer of the biofuel, according to two people with direct knowledge of the deal.
EPA seeks to modernize nuclear standards
The Environmental Protection Agency is looking to modernize Nixon-era radiation standards for nuclear power plants.
Siemens to Supply 28 Turbines for BlackRock’s Texas Wind Project
Siemens AG (SIE), Europe’s largest engineering company, won a contract to supply 28 turbines to a wind project in Texas that’s majority owned by BlackRock Inc. (BLK). Components of the 2.3-megawatt turbines used in the Windthorst-2 project will be built in Iowa and Kansas, Munich-based Siemens said today in a statement. Terms of the sale, including a maintenance agreement, weren’t disclosed.
Acciona shares hit by draft Spanish renewables rules
Shares in Spanish renewable energy firm Acciona dropped on Tuesday, hit by draft proposals for cutting subsidies to the sector which analysts said were likely to hit the company’s portfolio of mature, wind assets hard.
Morocco says investors lining up for $9 bln solar project
Morocco has recruited foreign investors to fund a $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed Western Sahara, its foreign minister said.
Sao Paulo Biggest Water-Supply System May Run Dry Within 45 Days
The system that provides half the drinking water to South America’s largest city, Sao Paulo, will run dry in 45 days if there’s no rain, amid the biggest drought on record.
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)