In this edition, a look ahead to November’s UN talks from Bloomberg. Norway calls for a more “open” European energy market. Meanwhile, Goldman Sachs eyes Japan offshore wind.

Quote of the Day:

“We’ve lost a massive amount of time. Parties were already in two minds over whether they could complete the review of the CDM in Warsaw, so now it looks very unlikely we can conclude the work by then. It’s bad news for the CDM, as it gives other new mechanisms time to get established and increases the likelihood that buying parties will look at these mechanisms before the CDM.”

–Project Developers’ Forum Chairman Gareth Phillips in Bloomberg’s “UN Climate-Talks Collapse Piles Pressure on November Summit”

Lead Stories

UN Climate-Talks Collapse Piles Pressure on November Summit
Bloomberg
United Nations talks on reforms to emissions-market rules stalled this week after members rejected a proposal to reconsider the body’s decision-making rules, putting additional pressure on a climate summit in November.
http://jlne.ws/13F9QsH

Norwegian Minister Seeks a More ‘Open’ European Energy Market
Bloomberg
Norwegian Oil and Energy Minister Ola Borten Moe called for a more “open” European market for the industry as nations in the region debate future policy and the Scandinavian country seeks to increase demand for its gas.
http://jlne.ws/11ctxZ0

Goldman Sachs Eyes Japan Offshore Wind in Clean Energy Expansion
Bloomberg
Goldman Sachs Group Inc. (GS), the New York-based bank planning as much as 300 billion yen ($3.19 billion) in renewable energy investments in Japan, is eyeing offshore wind power after building up holdings in more established clean energy sources such as solar.
http://jlne.ws/19waRYG

China to Survey Soil Pollution Nationwide, Xinhua Reports
Xinhua/Bloomberg
China is surveying soil nationwide to ascertain levels of heavy metals pollution after the discovery of rice tainted with cadmium spurred concern that crops may be unsafe, the official Xinhua News Agency reported.
http://jlne.ws/141wMkM

Riverstone hires former Anadarko CEO James Hackett
Reuters
Energy and power focused private equity firm Riverstone Holdings LLC said on Thursday it has hired former Anadarko Petroleum Co Chief Executive James Hackett as a partner and co-head of its Houston office.
http://jlne.ws/12JxmYT

Regulatory Nominee Vows to Speed Up Energy Reviews
The New York Times
The White House has blocked several Department of Energy regulations that would require appliances, lighting and buildings to use less energy and create less global-warming pollution, as part of a broader slowdown of new antipollution rules issued by the Obama administration.
http://jlne.ws/ZMuPsG

Climate change warnings
The Baltimore Sun
The latest word on climate change is not good – world emissions of carbon dioxide from energy use rose 1.4 percent last year to set a new record, according to the International Energy Agency. At this pace, the agency reports, global temperatures could rise a startling 9 degrees Fahrenheit by 2100, which would be disastrous for all nations.
http://jlne.ws/196PACr

The Natural Capital Declaration Moves Forward With Implementation Phase
Ecosystem Marketplace
Last year at the Rio+ 20 Sustainable Development Conference, the Natural Capital Declaration (NCD) was launched and hailed as one of the most promising initiatives of the conference. Now, almost a year later, the NCD marks the start of Phase II which is explained in detail in the NCD Roadmap. Basically, Phase II is the implementation of the Declaration’s four commitments through the process laid out in the Roadmap.
http://jlne.ws/1bB5HHF

Events

Waste Conversion Congress East Coast
Boston, Massachusetts
June 17-18
http://jlne.ws/104mJZx

2013 Rising Seas Summit
Association of Climate Change Officers
Fort Lauderdale, Florida
June 18-20
http://jlne.ws/16i3JOk

New York Energy Week
New York, NY
June 24 -28
http://jlne.ws/ZB89bL

Converge Paris
Sustainable Energy Tech Conference
Paris, France
June 24-28
http://jlne.ws/14ClDYZ

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

Carbon

Senate Environment panel to take up Sen. Sanders’s carbon tax bill in July
The Hill’s E2 Wire
A Senate panel will begin consideration of a carbon tax bill as part of a broader hearing on climate change in mid-July.
http://jlne.ws/11jfHkn

Study: State Rules Have Cut Black Carbon
U-T San Diego
State diesel rules aimed at improving public health have also reduced levels of black carbon, a potent contributor to climate change, according to a new report commissioned by the California Air Resources Board.
http://jlne.ws/11yRJjW

Emission cuts lead to cleaner Calif. air
San Francisco Chronicle
Cuts in diesel emissions have drastically reduced the amount of pollutants in the air that cause global warming in California, potentially valuable information in the fight to save the world’s climate from a predicted catastrophe, a study by University of California and government researchers said Wednesday.
http://jlne.ws/11iLFxa

Natural Gas/Coal/Alternative Fuels

Russia’s LNG Rush Gives Japan Strongest Bargaining Chip
Bloomberg
Japan, the world’s top importer of liquefied natural gas, has its best opportunity to bargain for lower prices since it started buying the power-plant fuel 44 years ago. One reason is Russia.
http://jlne.ws/11CHrjN

COLUMN-Shale wells and methane emissions: Kemp
Reuters
Shale gas supporters say it can cut greenhouse emissions by replacing dirtier fuels such as coal, but critics warn it is worsening climate change due to methane leaks from shale wells.
http://jlne.ws/1a8Epud

Energy secretary vows gas export decisions this year
The Hill’s E2 Wire
Energy Secretary Ernest Moniz sought to reassure lawmakers Thursday that his review of data underpinning planned decisions on natural gas exports won’t create major new delays for industry applications that have piled up at his agency.
http://jlne.ws/ZN4Kd9

Power

Vestas Wins 42-MW Croatia Turbine Order From EnerCap Capital
Bloomberg
Vestas Wind Systems A/S (VWS) won a 42-megawatt wind-turbine order in Croatia from Czech developer EnerCap Capital Partners, the second project by the companies in two years.
http://jlne.ws/11yPjld

Solairedirect Says India Solar Is Cheaper Than Expected
Bloomberg
Solairedirect SA, a French developer that won an Indian solar project with a record-low bid, said India offers greater cost savings than expected for investors in sun-based power.
http://jlne.ws/1bANha0

Tariffs Bad for Most Solar Companies
The Motley Fool
Solar tariffs in Europe started at a low 11% rate last week, but if a deal between Europe, China, and even the U.S. isn’t reached by Aug. 6 then they could go up to as much as 68%. This is clearly a negative development for Chinese manufacturers like Yingli Green Energy , LDK Solar , and Trina Solar , but it’s not necessarily good for U.S. companies either. First Solar has little presence in Europe right now and SunPower won’t see much benefit from tariffs either. In the end, tariffs are bad for nearly everyone, a sentiment Travis Hoium covers in the video below.
http://jlne.ws/18Di0qS

Reports

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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