In this edition, coverage of the carbon markets is found in Carbon neutral growth for aviation – At what price? from
Bloomberg New Energy Finance and UN to open carbon market offices in Bogota and Manila from the blog Responding to Climate Change. From the political realm, Republicans May Make Keystone a Budget Issue, Ryan Says.
Quote of the Day:
“Can we stop talking about environmental regulations killing jobs, please?”
–EPA Administrator Gina McCarthy in a speech at Harvard Law School in Cambridge, Massachusetts, covered in Reuters’ “New EPA chief takes on critics of U.S. agency’s policies”
China’s Spending on Renewable Energy May Total 1.8 Trillion Yuan
China’s spending to develop renewable energy may total 1.8 trillion yuan ($294 billion) in the five years through 2015 as part of the nation’s efforts to counter climate change, according to a government official.
Europe’s Biggest Solar Projects Threatened by China Deal
Europe’s decision to curb imports of Chinese solar panels threatens to limit the biggest projects using the technology in the 28-nation bloc while having little impact on the manufacturers accused of dumping their products.
Drax H1 profit tumbles on higher carbon costs
British coal-fired power producer Drax posted a sharp decline in half-year profit on Tuesday, blaming high costs of meeting carbon emissions reduction for its earnings slump.
Republicans May Make Keystone a Budget Issue, Ryan Says
House Budget Committee Chairman Paul Ryan said the Keystone XL oil pipeline may be part of budget negotiations as his Republican colleagues criticized President Barack Obama for saying the project wouldn’t create many jobs.
RPT-Congress eyes change to US biofuels mandate, EPA targets loom
Change may be looming for the U.S. biofuel mandate as a powerful Congressional panel sets its sights on the program and pressure mounts for the Obama administration to relieve fuel market problems created by rising renewable fuel targets.
New EPA chief takes on critics of U.S. agency’s policies
Delivering her first speech as the top U.S. environmental steward, Gina McCarthy on Tuesday pre-empted a frequent mantra of critics of the Environmental Protection Agency – that the agency’s regulations disrupt the economy and cost jobs.
JPMorgan to Pay $410 Million in U.S. FERC Settlement
JPMorgan Chase & Co. (JPM) will pay $410 million to settle U.S. Federal Energy Regulatory Commission allegations that the bank manipulated power markets, enriching itself at the expense of consumers in California and the Midwest from 2010 to 2012.
Scientists Envision Fracking in Arctic and on Ocean Floor
The Wall Street Journal
Scientists in Japan and the U.S. say they are moving closer to tapping a new source of energy: methane hydrate, a crystalline form of natural gas found in Arctic permafrost and at the bottom of oceans.
Commentary: The world in 2040
Nick Butler in FT.com blogs
Can anyone really predict what the world’s energy market will look like in 2040? Many certainly try – including companies and governments – but they don’t deserve to be taken too seriously and certainly shouldn’t be the basis for decision-making.
Water and Society 2013
New Forest, U.K.
EMA’s 17th Annual Meeting
Climate Strategies Forum
Association of Climate Change Officers
Verge: Where Tech Meets Sustainability
FT Global Shale Energy Summit
Solar Power International
Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA
Carbon neutral growth for aviation – At what price?
Bloomberg New Energy Finance
Ever since the Kyoto Protocol in 1997 assigned to the International Civil Aviation Organization (ICAO) responsibility for managing greenhouse gas emissions from international aviation, progress in agreeing targets for the sector has been lamentably slow. Only recently has ICAO started to address the issue seriously, partly stimulated by the European Union’s unilateral decision to include a portion of these emissions within the EU Emissions Trading System.
UN to open carbon market offices in Bogota and Manila
Responding to Climate Change
The UN plans to open two new offices aimed at boosting the world’s flagging carbon markets by promoting trading in Latin America and South East Asia.
Natural Gas/Coal/Alternative Fuels
Platts Ethanol Changes Prompt Swedish Producer Criticism
Lantmannen Agroetanol AB, a Swedish ethanol producer, criticized changes by Platts to the way the publisher will assess prices in Europe’s biofuel market.
US fracking industry wasting $1bn a year in gas flaring
The full scale of the gas flaring undertaken by the North Dakota fracking industry has been laid bare, after a new report suggested the practice resulted in approximately $1bn of gas being wasted last year.
Flaring Up: North Dakota Natural Gas Flaring More Than Doubles in Two Years
China starts importing natural gas from Myanmar
China has started importing natural gas from Myanmar, a milestone as the world’s largest energy consumer expands its strategic access to energy resources across the Indian Ocean.
Six natural resources trends to look out for in Africa
When it comes to natural resources in Africa, coverage tends to focus on the problematic (see Rio in Mozambique), the awkward relationships (see China), the political risk (see Congo) and the collapse in labour relations (see South Africa).
U.K. Green Bank Invests in Wood-to-Power Through Foresight Fund
A fund backed by the U.K.’s Green Investment Bank channeled 20 million pounds ($30.6 million) into an energy project in Northern Ireland that will turn wood into electricity and heat.
EDF exits U.S. nuclear, ups earnings outlook
French utility EDF, the world’s biggest operator of nuclear plants, is pulling out of nuclear energy in the United States, bowing to the realities of a market that has been transformed by cheap shale gas.
12 green data centers worth emulating, from Apple to Verne
Could failure to plan for a power-hungry data center be thwarting your company’s growth? The bad news: Close to 60 percent of IT decision makers say the state of their data center is “fair, serious or urgent,” and at the brink of running out of capacity in 2014, according to a report by UBM Tech and InformationWeek. Twenty-two percent of 100 executives said they regularly track energy usage in their data centers. However, in the online survey “The State of Data Center Evolution,” 42 percent never or seldom track energy efficiency.
New York signs up to Sustainable Stock Exchanges commitment
The New York Stock Exchange (NYSE) has become the latest global exchange to sign up to a UN-backed initiative designed to promote the adoption of more demanding sustainability reporting rules for listed companies.
South Africa Water Expenditure Needs Rise to $71 Billion
South Africa will look to the bond markets, banks and increasing customer revenue to finance the 700 billion rand ($71 billion) needed to meet the country’s growing demand for water, the Department of Water Affairs said.
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)
Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)
Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Mapping carbon pricing initiatives: developments and prospects (Posted May 30, 2013)
Extreme Weather and Climate Change in the American Mind April 2013 (Posted May 1, 2013)
Yale Project on Climate Change