In this edition, follow-up analysis to Australia’s leadership change and the future of its carbon market, in Bloomberg’s “World’s Highest Carbon Price Bedevils Australia’s New Leader” and “Business ticks carbon trading option” from The Age. And in Washington developments: Obama taps Ron Binz to lead energy regulatory body and Kerry Proposes U.S.-India Push on Carbon and Climate.

Quote of the Day:

“Remind everyone who represents you, at every level of government, that there is no contradiction between a sound environment and a strong economy – and that sheltering future generations against the ravages of climate change is a prerequisite for your vote.”

–U.S. President Barack Obama in his weekly address, covered in The Hill’s “Obama calls on voters to demand climate action at the ballot box”

Lead Stories

World’s Highest Carbon Price Bedevils Australia’s New Leader
Bloomberg
Kevin Rudd, sworn in yesterday for his second stint as Australia’s prime minister, may seek to amend his predecessor’s flagship clean-energy policy that’s left the nation with the world’s highest carbon price, analysts say.
http://jlne.ws/12wyCLN

Business ticks carbon trading option
The Age
A significant section of business prefers an emissions trading scheme to a fixed carbon tax to cut Australia’s greenhouse gases, a survey has found, as federal cabinet considers on Monday an earlier move to carbon trading.
http://jlne.ws/1aZxR1x

Ship owners will have to count CO2 emissions under EU plan
Reuters
Owners of large ships using EU ports will have to measure and report annual carbon dioxide (CO2) emissions from January 2018 under proposals the European Commission published on Friday.
http://jlne.ws/117NTom

Merkel says Germany blocked EU car emission law to save jobs
Reuters
Germany blocked a deal on tougher carbon emission limits on new cars sold in the European Union to protect jobs in its powerful auto sector, Chancellor Angela Merkel confirmed on Friday.
http://jlne.ws/18oNnoi

Obama calls on voters to demand climate action at the ballot box
The Hill’s E2 Wire
President Obama on Saturday urged voters to demand a commitment to action on climate change from political candidates.
http://jlne.ws/159uXVq

Energy Secretary Optimistic on Obama’s Plan to Reduce Emissions
The New York Times
The short-term plan to reduce greenhouse gas emissions that President Obama outlined this week is achievable with some new programs and better management of existing ones, the new energy secretary, Ernest J. Moniz, said in an interview on Thursday. But he said reaching a longer-term goal would require bigger reductions as well as action from Congress.
http://jlne.ws/12xqFpR

Obama taps Ron Binz to lead energy regulatory body
Reuters
President Barack Obama has tapped renewable energy advocate Ron Binz as chairman of the Federal Energy Regulatory Commission, the agency that has made headlines in the past year with tough enforcement actions against Wall Street banks.
http://jlne.ws/13fLhpB

Kerry Proposes U.S.-India Push on Carbon and Climate
The New York Times Dot Earth blog
Shortly after prodding India in a New Delhi speech to find ways to cut greenhouse gas emissions, Secretary of State John Kerry sent a “Your Dot” piece (a guest post) emphasizing that he sees this as a partnership between two dynamic, innovative democracies.
http://jlne.ws/1cFqvOT

Obama to Announce Plan to Boost Africans’ Electricity Access
Bloomberg
President Barack Obama plans to announce an initiative to enhance access to electricity across Africa by tapping the continent’s vast energy resources and attracting international investment.
http://jlne.ws/15V1I5I

Obama hails ‘rising’ Africa, touts new energy, trade ties
The Hill’s E2 Wire
President Obama in South Africa on Sunday touted a “new model” of U.S.-Africa ties, vowing to build economic links vital to helping the continent rise economically and strengthen democracy.
http://jlne.ws/12xyU56

U.S. Looks to Blunt Corporate Espionage by Chinese Firms
The Wall Street Journal
BEIJING—The U.S. could be signaling stepped-up prosecution of Chinese companies accused of stealing trade secrets as it filed criminal charges against one of China’s largest wind-turbine manufacturers and two of its executives, experts said.
http://jlne.ws/13gmotY

Events

EMA’s 17th Annual Meeting
September 25-27, 2013
Monte Carlo Resort, Las Vegas, NV
http://jlne.ws/192w3CR

Natural Gas/Coal/Alternative Fuels

China Raises Natural-Gas Prices
The Wall Street Journal
China will pass on some of the higher costs of natural gas to consumers, though it excluded residential users in the first major price increase in three years.
http://jlne.ws/13gmnWV

India Approves Doubling of Natural Gas Price
The Wall Street Journal
India’s cabinet on Thursday agreed to double natural gas prices to industrial and retail consumers to help fund investment in exploration and reverse declining domestic output, which would ultimately help in reducing the hefty energy import bill.
http://jlne.ws/12xryyx

Gas leaks may curb climate advantage over coal
The Age
Riding shotgun in a Toyota 4Runner rigged up with a carbon-fiber pipe and a spectrometer, Duke University researcher Rob Jackson trolled through Washington DC searching for evidence that natural gas is not quite the climate champion US President Barack Obama claimed this week.
http://jlne.ws/13fLOIa

DSM to License Technology After Biofuel Production Starts
Bloomberg
Royal DSM NV (DSM), the Heerlen, Netherlands-based chemicals company, plans to license cellulosic ethanol technology after completing its first commercial plant, Chief Executive Officer Feike Sijbesma said.
http://jlne.ws/10toxi6

British Geological Survey warns on the dangers of confusing shale gas resources with reserves
The Carbon Brief blog
The north of England has a shale gas resource of 1,300 trillion cubic feet (tcf), according to a long-awaited analysis by the British Geological Survey (BGS). But BGS says it may not be possible to get any more shale gas out of the ground than it assumed in an estimate two years ago.
http://jlne.ws/18pAmuI

COLUMN-Shale boom will not stop with the US: Kemp
Reuters
The success of the shale revolution will be slow to replicate outside the United States because of limited access to drilling equipment and skilled personnel, according to influential oil analyst Leonardo Maugeri.
http://jlne.ws/14kcXX8

Shale gas – A new North Sea?
Nick Butler — FT.com
When it comes to energy, the UK is a fortunate country. First coal, then oil and gas in the North Sea, and now shale gas. It is still too early to say whether shale gas represents anything close to the wealth creation opportunity which came from the North Sea. But it is becoming clearer that the resources base is huge. The report published this week covered just part of the North and Midlands and came up with a central estimate of 1,300 trillion cubic feet. We have to wait, for reasons which are not completely clear, to see the estimates for the rest of the UK.
http://jlne.ws/18pBVIW

Power

Malaysia’s Malakoff Buys Stake in Australian Wind Farm
The Wall Street Journal
Malaysia’s Malakoff Corp. Bhd. will pay 650 million Australian dollars (US$603 million) for a stake in an Australian wind farm, a person familiar with the matter said Friday.
http://jlne.ws/12xrjU9

Eaglestone to Invest in Angola, Mozambique Clean Energy
Bloomberg
Eaglestone NV intends to invest as much as 40 percent of a planned 100-million euro renewable energy fund in projects in Angola and Mozambique, using local knowledge to tap new markets.
http://jlne.ws/14jhglB

AMSC Surges After U.S. Charges Sinovel With Theft of Code
Bloomberg
American Superconductor Corp. (AMSC), a Devens, Massachusetts-based supplier of wind-turbine electrical components, rose the most in 10 months after U.S. prosecutors charged its former largest customer with stealing the company’s technology.
http://jlne.ws/12ebgHK

Emerging economies lead switch to renewable energy
Financial Times
Renewable energy will provide more of the world’s electricity than gas-fired power plants by 2016, the International Energy Agency has said, as sources such as hydro, wind and solar power grow rapidly in emerging economies, especially China.
http://jlne.ws/13gqORE

Reports

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank
http://jlne.ws/14KrLza

Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)
IEA
http://jlne.ws/12Bpk41

Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Ecosystem Marketplace
http://jlne.ws/12Cyi0X

Mapping carbon pricing initiatives: developments and prospects (Posted May 30, 2013)
World Bank
http://jlne.ws/15iik9E

Extreme Weather and Climate Change in the American Mind April 2013 (Posted May 1, 2013)
Yale Project on Climate Change
http://jlne.ws/ZWPD1Z

Clearing the Air: Reducing Upstream Greenhouse Gas Emissions from U.S. Natural Gas Systems (Posted April 8, 2013)
World Resources Institute
http://jlne.ws/10M9Um3

The State of Green Business 2013 (Posted February 12, 2013)
GreenBiz.com
http://jlne.ws/12K3WYL

Can the US Get There from Here? (Posted February 6, 2013)
WRI
http://jlne.ws/X5PgyQ

The Billion Euro Aviation Bonanza – Aviation’s Participation in the EU ETS (Posted January 22, 2013)
http://jlne.ws/WHQez7

View all reports >

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