In this edition, carbon market coverage in EU Carbon Fix in Energy Report Survives Rejection Attempt and in Japan to Compile Climate Change Action Plan With Emission Target. And in the renewables space: California renewable power supply growing, costs falling.

Quote of the Day:

“It’s got us very freaked out.”

–Ross Eisenberg, vice president of the National Association of Manufacturers, in Bloomberg’s “Obama Will Use Nixon-Era Law to Fight Climate Change”

Lead Stories

Obama Will Use Nixon-Era Law to Fight Climate Change
President Barack Obama is preparing to tell all federal agencies for the first time that they have to consider the impact on global warming before approving major projects, from pipelines to highways.

EU Carbon Fix in Energy Report Survives Rejection Attempt
The European Parliament upheld by a margin of three votes a non-binding recommendation for regulators to tackle oversupply of carbon permits in the world’s biggest market.

Japan to Compile Climate Change Action Plan With Emission Target
Japan plans to compile an action program to tackle climate change with a new greenhouse gas emissions target.

Japan’s Energy Board Meets After Dropping Anti-Nuclear Members
Japan’s ruling Liberal Democratic Party has removed most anti-nuclear researchers from a revamped post-Fukushima energy policy advisory board to the government that resumes discussions today.

Shaping the Next Generation of Carbon Markets
World Bank’s Rachel Kyle on Huffington Post
Right now, the carbon markets of the future are under construction in all corners of the world.               

EU could save billions with cross-border renewables cooperation
The next twist in European renewables policy could well be a push toward more cross-border cooperation as slimming budgets pressure governments to tap billions of euros in savings between now and 2020.

Credit crunch stifles Chinese energy savings sector
A credit crunch is stifling thousands of mostly small, private companies in China that coax energy savings from smokestack industries, further dealing a blow to Beijing’s drive to foster green innovation and ease choking pollution.


Wall Street Green Summit XII
March 18, 2013
Center for Architecture, New York

Navigating the American Carbon World (NACW) 2013
San Francisco April 16-18


Canberra carbon tax bill angers opposition
The Canberra Times
The federal opposition has complained the ACT government is now paying carbon tax for the Mugga Lane landfill after liability was transferred from the operator, Remondis.

Natural Gas/Coal

Lawmakers Examine Ethanol Credits’ Affect on Gas Prices
The Wall Street Journal
Two congressional committees are looking into whether a price spike in an obscure corner of the biofuels market is behind the recent run-up in the cost of gasoline.

Oil Exports Spur More Questions About Pipeline
The Wall Street Journal
Much of the crude oil that would flow down the proposed Keystone XL oil pipeline would likely be exported as refined products by U.S. companies—a prospect that is stirring further debate over whether the project serves the nation’s best interest.


India Set to Auction More Solar Capacity Than Planned This Year
India, which plans to raise solar capacity eightfold by 2017, will probably auction more megawatts than planned this fiscal year in a bid to cut chronic power shortages in the world’s second most-populous nation.

U.K. Offers Renewables Support Ahead of Reforms to Stem Delays
Britain will offer renewable energy developers contracts for the power they generate ahead of electricity market reforms due to go into force next year to avoid delays that may threaten the U.K.’s low-carbon ambitions.

California renewable power supply growing, costs falling
The costs to California residents to meet the ambitious goal of using renewable power for one-third of the state’s electric needs by 2020 are beginning to come down, according to a state regulatory report.


The State of Green Business 2013 (Posted February 12, 2013)

Can the US Get There from Here? (Posted February 6, 2013)

The Billion Euro Aviation Bonanza – Aviation’s Participation in the EU ETS (Posted January 22, 2013)

Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy (Posted Dec. 11, 2012)

Stock Exchange Benchmark On Non-Financial Reporting Rules (Posted Dec. 6, 2012)

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