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
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.

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.

Opinion: Let the market decide our energy sources
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.

China Backing Away From Carbon Tax Start in 2013, Official Says
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.

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.

China’s carbon tax: not so quick
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.

COLUMN-EU treads fine line in ending renewables support: Wynn
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.

U.S. Had $1.63 Billion Clean-Energy Surplus With China, Pew Says
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.

German power breaks ruled unlawful, EU to investigate
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.

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.


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

Natural Gas/Coal

Halliburton Cut Fracking Water Costs by $400,000 a Bakken Well
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.

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.

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.


Germany, Norway pick first undersea power cable route
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.

Pristine Sun Gets Panasonic Loan for California Solar Projects
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.


Sierra Club taps new political director
The Hill’s E2 Wire
The Sierra Club named a new national political director on Wednesday.


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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