In this edition, carbon market coverage in Lawmakers push structural measures to prop up carbon price, reports EurActiv. The Age offers Switch to emissions trading now, industry group says. Carbon taxation in focus, this time in China. China carbon tax may prompt US debate, The Age reports.

Quote of the Day:

“We really have to make a statement and we’re doing it again. Even though CO2 prices might be very low, we still have to go towards zero emissions.”

–Judith Merkies, EU parliament industry committee member, in EurActiv’s “Lawmakers push structural measures to prop up carbon price”

Lead Stories

Lawmakers push structural measures to prop up carbon price
EurActiv
Five weeks after voting down the ‘backloading’ (or withholding) of allowances to raise carbon prices, the European Parliament’s industry committee is proposing two far-more ambitious structural measures.
http://jlne.ws/14uAkeh

Switch to emissions trading now, industry group says
The Age
Australia should end its bickering over a carbon price and move to an emissions trading scheme (ETS), the head of a manufacturing lobby group says.
http://jlne.ws/WvjcqD

Opinion: Let the market decide our energy sources
FT.com
For the past 40 years, since the Arab oil embargo of 1973, Opec has conspired to set the global price of oil. The rest of the world has simply observed this staggering restraint of trade and done nothing.
http://jlne.ws/WvjTQU

China Backing Away From Carbon Tax Start in 2013, Official Says
Bloomberg
China will wait until after this year to introduce a tax on carbon, deferring to concern that economic growth might suffer, a government researcher said.
http://jlne.ws/XqVwT6

China carbon tax may prompt US debate
The Age
China’s potential carbon tax may spur US lawmakers to consider climate protection more seriously, according to a trader representative.
http://jlne.ws/VH3ur9

China’s carbon tax: not so quick
FT.com
Recently there has been a lot of attention paid to an essay on tax reform by the head of the tax department at the Ministry of Finance in Beijing, which mentions two hot-button words: carbon, and tax.
http://jlne.ws/YzwHDc

COLUMN-EU treads fine line in ending renewables support: Wynn
Reuters
The European Commission is backing a gradual shift away from renewable energy subsidies, where it must tread a fine line between phasing out support and killing investment.
http://jlne.ws/XQVGl7

U.S. Had $1.63 Billion Clean-Energy Surplus With China, Pew Says
Bloomberg
The U.S. sold more renewable-energy and power-management products to China in 2011 than it imported, contradicting wide-held views that the Asian nation is becoming the world’s dominant supplier, according to the Pew Charitable Trusts.
http://jlne.ws/12uLynK

German power breaks ruled unlawful, EU to investigate
Reuters
Power grid charge exemptions which saved big industry in Germany 300 million euros ($390 million) last year were ruled unlawful by a German court on Wednesday.
http://jlne.ws/VGTj5W

DC snowstorm buries climate change hearing
The Hill’s E2 Wire
The House Science, Space and Technology subcommittee on Environment was scheduled to hear from a panel that included a pair of witnesses more skeptical of some of the scientific consensus regarding climate change.
http://jlne.ws/Zr5xgV

Events

Wall Street Green Summit XII
March 18, 2013
Center for Architecture, New York
http://jlne.ws/V9knZX

Navigating the American Carbon World (NACW) 2013
San Francisco April 16-18
http://jlne.ws/11SrgTF

Natural Gas/Coal

Halliburton Cut Fracking Water Costs by $400,000 a Bakken Well
Bloomberg
Halliburton Co. (HAL), the world’s largest provider of hydraulic-fracturing services, boosted savings from the use of recycled water in the drilling technique to as much as $400,000 a well last year.
http://jlne.ws/Wvgstx

Berkshire’s BNSF Railway to Test Switch to Natural Gas
The Wall Street Journal
BNSF Railway Co., one of the biggest U.S. consumers of diesel fuel, plans this year to test using natural gas to power its locomotives instead.
http://jlne.ws/169h6yp

Anadarko and Videocon to Sell Mozambique Gas Stakes
The New York Times
Anadarko Petroleum of the United States and Videocon of India have put 20 percent of an important natural gas field off the coast of Mozambique up for sale, according to Videocon’s chairman and others with direct knowledge of the matter.
http://jlne.ws/XQZWBi

Power

Germany, Norway pick first undersea power cable route
Reuters
The first route for an undersea power cable bringing Norwegian hydro-electricity to continental Europe by 2018 will land in the north German state of Schleswig-Holstein, project leaders said.
http://jlne.ws/Zgz8Z0

Pristine Sun Gets Panasonic Loan for California Solar Projects
Bloomberg
Pristine Sun LLC, a closely held solar energy developer, said it received a loan from Panasonic Corp. (6752) to build 50 megawatts of projects in California.
http://jlne.ws/W65t7x

Miscellaneous

Sierra Club taps new political director
The Hill’s E2 Wire
The Sierra Club named a new national political director on Wednesday.
http://jlne.ws/YdhNzi

Reports

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

Power Forward: Why the World’s Largest Companies are Investing in Renewable Energy (Posted Dec. 11, 2012)
http://jlne.ws/S5HNAg

Stock Exchange Benchmark On Non-Financial Reporting Rules (Posted Dec. 6, 2012)
Verdantix
http://jlne.ws/QM1A6f

View all reports >

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