In this edition, a focus on Washington and legislative wrangling over environment and renewable energy bills, plus a Financial Times focus on EPA nominee Gina McCarthy.

Quote of the Day:

“Even the few Chinese companies that are in a joint venture with a European or international company that has experience in the EU ETS or California’s market are just now getting organized. Policymakers haven’t actually traded allowances or purchased offsets, so there’s an imperative need to share information and work with companies in existing systems that have.”

–Jeff Swartz, Director of International Policy at the International Emissions Trading Association (IETA), which oversees a working group in China to build capacity for the new pilots, in Ecosystem Marketplace’s “China’s Carbon Emissions Traders Await Offset Demand”

Lead Stories

China’s Carbon Emissions Traders Await Offset Demand
Ecosystem Marketplace
Designated as China’s first special economic zone back in 1980, the fast-growing city of Shenzhen has come to epitomize the country’s move toward market-oriented economic policies. On June 18, Shenzhen set yet another precedent when it launched the first of seven pilot programs to help pave the way for a national cap-and-trade program.
http://jlne.ws/1a9QfUa

House kills Dem proposals on environment, renewable energy
The Hill’s E2 Wire
The House on Tuesday evening voted down two Democratic amendments to the 2014 energy and water bill aimed at giving the Obama administration flexibility to impose environmental regulations, and others aimed at boosting funding for renewable energy programs.
http://jlne.ws/15cAN62

Senate Dems huddle with Obama adviser to discuss climate plan
The Hill’s E2 Wire
About a dozen Senate Democrats huddled with White House climate and energy adviser Heather Zichal in the Capitol on Tuesday to discuss President Obama’s climate agenda.
http://jlne.ws/12CnDxt

House advances energy, water spending bill; amendment debate tonight
The Hill’s E2 Wire
The House on Tuesday approved a rule that will allow members to begin debate and consideration of amendments to the 2014 energy and water spending bill.
http://jlne.ws/14Hx55R

Key Republican drops filibuster threat on Obama’s EPA choice
The Hill’s E2 Wire
The top Republican on the Senate’s environment committee on Tuesday dropped his threat to filibuster President Obama’s nomination of Gina McCarthy to run the Environmental Protection Agency.
http://jlne.ws/13KtmGE

EPA nominee Gina McCarthy a victim of Washington’s toxic politics
The Financial Times
The counter on StandwithGina.com ticked over to 145 on Tuesday morning, as environmentalists marked the number of days that the Environmental Protection Agency has been without an administrator.
http://jlne.ws/1aXy6eW

Coca-Cola expands WWF climate partnership with fresh environmental goals
Business Green
Coca-Cola has set itself ambitious new targets to cut water use and carbon emissions across its operations and supply chain after expanding its ongoing partnership with campaign group WWF.
http://jlne.ws/1aXzQF1

Events

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

Solar Power International
October 21-24
Chicago, Illinois
http://jlne.ws/184e0wa

Carbon

Capture Power Ltd says it is sole bidder for EU CCS cash
Reuters
Capture Power Ltd, formed by Alstom SA, Drax Group Plc and BOC Group , is the sole bidder for funding for a carbon capture and storage (CCS) project under a European Commission scheme, it said on Tuesday.
http://jlne.ws/12pFM0n

Natural Gas/Coal

COLUMN-An environmental compromise for investors: natural gas
Reuters
Americans are continually encouraged to raise their environmental awareness, but applying green principles to investing isn’t easy – at least if making money remains a goal. Producing energy from renewable sources like wind and solar is notoriously unprofitable.
http://jlne.ws/15uYLMf

Power

India Risks Spain’s Solar Slump With Move to Cut Tariff
Bloomberg
India’s biggest solar power-producing state is seeking to cut the subsidized rate it pays to plants by 28 percent, joining governments from Spain to Greece backtracking on clean-energy support to lower costs.
http://jlne.ws/18LHsK8

Obama Picks Renewables Advocate for U.S. Navy Energy Post
Bloomberg
President Barack Obama plans to nominate retired Vice Admiral Dennis McGinn as assistant secretary of the U.S. Navy for energy, installations and environment.
http://jlne.ws/172QVbS

Hanwha to Build Canada Solar Project for Fiera Axium
Bloomberg
Hanwha Group, a closely held South Korean industrial conglomerate, agreed to build a solar power project in Canada for Fiera Axium Infrastructure Inc.
http://jlne.ws/12Chy3X

Enel GP signs $260 mln deal with consortium to fund US wind farm
Reuters
Italian renewable energy company Enel Green Power said on Tuesday a consortium led by JP Morgan had agreed to provide about $260 million to fund a wind project in Kansas.
http://jlne.ws/1aXpBAG

Miscellaneous

MBA programmes must tackle the business issues of climate change
Financial Times
The world has been mesmerised for the past decade by the UN’s Kyoto process on dealing with climate change. At successive gatherings, UN diplomats meet to thrash out yet another declaration, another commitment – and then depart to leave the world on its ‘business as usual’ trajectory.
http://jlne.ws/10LS9au

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

View all reports >

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