The Global Carbon Project, using 49 researchers in 10 countries, finds that global carbon dioxide emissions from burning fossil fuels will rise to a record 36 billion metric tons (39.683 billion tons) this year. Meanwhile, Bonn-based Germanwatch says global carbon-dioxide emissions from energy may peak this decade because of China’s efforts. Both reports are sure to factor into ongoing Warsaw talks. Read more from the U.N. conference in our Leads section. Also today: EU sets provisional CO2 auction calendar for 2014.

Quote of the Day:

“[Broad coal use] not going to change overnight. The most important technology which can provide a longer-range future for coal in a low-carbon world is CCS [carbon capture and storage].”

–U.S. climate envoy Todd Stern in Reuters’ ‘Clean up your act,’ UN climate chief urges coal industry

Lead Stories

Global carbon emissions rise to new record in 2013: report
Reuters
Global carbon dioxide emissions from burning fossil fuels will rise to a record 36 billion metric tons (39.683 billion tons) this year, a report by 49 researchers from 10 countries said, showing the failure of governments to rein in the main greenhouse gas blamed for global warming.
http://jlne.ws/1ddoHSZ

World Emissions May Peak Amid China Green Push, Germanwatch Says
Bloomberg
Global carbon-dioxide emissions from energy may peak this decade because of China’s efforts to cut pollutants, Bonn-based research group Germanwatch said.
http://jlne.ws/1aOzmfh

U.N. boss urges Europe to lead climate fight
Reuters
U.N. Secretary General Ban Ki-moon urged the European Union on Monday to stay at the vanguard of efforts to combat climate change, sweeping aside arguments led by Poland and business leaders that the bloc has to prioritise economic growth.
http://jlne.ws/IdZrxu

Carbon Markets ‘Toolbox’ Could Create Global Standards
Environmental Leader
Developed countries are considering Poland’s proposal for a carbon markets “toolbox” that would help nations set common standards and accounting rules to unify the world’s cap-and-trade systems.
http://jlne.ws/HWAR4p

Use both, says Fraser
Herald Sun/Climate Spectator
Chair of the government policy advisory body the Climate Change Authority Bernie Fraser says carbon pricing and direct action should both be used to tackle emissions reduction, the Herald Sun reports.
http://jlne.ws/17jS0OX

Carbon policy rift widens
AAP
Labor is full of “government-change deniers” who won’t respect the new federal government’s mandate to repeal the carbon tax, the coalition says.
http://jlne.ws/1ddtlQT

Cap-and-Trade Is Not A Tax, California Court Says
Ecosystem Marketplace
A ruling by the Sacramento Superior Court affirms the legality of California’s cap-and-trade program. Cap-and-trade could raise as much as $12 billion to $70 billion for the state, but a judge last week ruled that the program does not constitute a tax, in part because the ‘license to emit’ does not come for free.
http://jlne.ws/1fbq18W

California Issues First Forest Carbon Offsets
Ecosystem Marketplace
The California Air Resources Board issued its first forest carbon offsets to two projects, Willits Woods and the Farm Cove. Both projects were early adopters to the forest protocol and both use improved forest management techniques to sequester carbon. Companies that must reduce their emissions under California’s cap-and-trade system may use offsets for up to 8% of their requirements.
http://jlne.ws/19CjsUK

Events

CarbonExpo Australia 2013
December 2-4, 2013
Melbourne
http://www.carbonexpo.com.au/

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

Carbon

EU sets provisional CO2 auction calendar for 2014
Reuters
European governments will auction 926.2 million spot EU carbon permits next year under the bloc’s Emissions Trading Scheme (ETS), the European Commission said late on Monday.
http://jlne.ws/I0NeMV

Commentary: The 7 who’ll pay half the carbon tax bill
Climate Spectator
The total amount of CO2 equivalent emissions liable in the first year of the carbon price or tax (depending on your point of view) for the $23 per tonne fee is 284,562,865 tonnes. Of course a large proportion of these emissions will be covered by permits which the government has issued for free either as compensation, or to shield trade-exposed businesses from loss of competitiveness. Not one single company so far has used international carbon credits to meet their carbon price obligations. However a small number have used 1.7 million Australian Carbon Credits created under the Carbon Farming Initiative.
http://jlne.ws/19Cl6Ww

Japan says it met Kyoto Protocol goals through tree-planting and buying carbon credits
Japan Daily Press
A few days after announcing it was cutting back on its commitment targets for lowering greenhouse gas emissions, the Japanese government will reportedly be releasing figures that show it has actually met the Kyoto Protocol requirements through tree-planting and buying carbon credits. This will be announced by Environment Minister Nobuteru Ishihara during the ongoing United Nations meeting in Warsaw to create a global climate pact.
http://jlne.ws/1fRkuBT

Forest, Ag Projects Can Combine Adaptation And Mitigation: CIFOR Study
Ecosystem Marketplace
Tree planting in Uganda. Mangrove restorations along the coast of Indonesia and Vietnam. REDD in the Congo Basin and Indonesia. Proponents of projects like these have long argued that they can address both adaptation and mitigation. Now they have the data to back it up, thanks to a new study by the Center for International Forestry Research (CIFOR).
http://jlne.ws/1b5bWIl

CO2 wins Qantas carbon offset contract
The West Australian
Shares in CO2 were higher after it secured a Qantas contract to provide carbon offsets as part of the airline’s Fly Carbon Neutral program.
http://jlne.ws/19CkErj

Natural Gas/Coal/Alternative Fuels

‘Clean up your act,’ UN climate chief urges coal industry
Reuters
The U.N. climate chief urged a radical clean-up of the coal industry on Monday to help limit global warming, at an industry meeting in Warsaw condemned by environmentalists as a distraction from the nearby U.N. climate change conference.
http://jlne.ws/HWzOS3

COLUMN-Is there any future for coal? Kemp
Reuters
Climate campaigners reserve a special scorn for coal-fired power generation. Coal has replaced nuclear as the form of energy that environmentalists most love to hate.
http://jlne.ws/1ddpN1a

Power

Japan Won’t Set Dates for Restarting 50 Idled Nuclear Reactors
Bloomberg
Japan’s nuclear regulator said it has no fixed schedule to complete safety checks at idled atomic plants, possibly delaying reactor restarts and the supply of cheaper energy the government wants to drive economic growth.
http://jlne.ws/1dRzsXf

Japan’s solar dream shatters as projects fail
Reuters
The failure of solar developers to deliver on planned projects in Japan will cost the country’s utilities close to $3.5 billion annually in additional coal and gas imports to generate power.
http://jlne.ws/1fRi8mH

South Korea to Raise Power Prices as Demand Causes Shortages
Bloomberg
South Korea will increase power prices by an average 5.4 percent this week, the second increase this year, as the government seeks to curb soaring demand for electricity that’s caused shortages.
http://jlne.ws/1bLXWBW

Toshiba to Build 2MW Geothermal Power Station With Orix in Japan
Bloomberg
Toshiba Corp. (6502) and Orix Corp. (8591) plan to build a 2-megawatt geothermal station in central Japan using Toshiba’s small-power generation system.
http://jlne.ws/17H9YI7

Toshiba, Orix to Build Geothermal Power Plant, Nikkei Says
Nikkei/Bloomberg
Toshiba Corp. (6502) and Orix Corp. (8591) will build a small geothermal station in Gifu prefecture, the Nikkei newspaper said today.
http://jlne.ws/I2oAMu

Wind Farms Dominating Brazil Power Auction Set for Record Year
Bloomberg
Developers of wind farms in Brazil won all the contracts in an auction for new power capacity as turbine makers seek to supply South America’s biggest renewable-energy market.
http://jlne.ws/1fRh02p

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 >

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