In this edition, coverage of Superstorm Sandy and the U.S. election, less than a week away, in The Hill’s Rep. Waxman seeks lame-duck hearing on Sandy, climate change links and Utility chief calls climate ‘ancillary argument’ in Sandy’s wake. Bloomberg has Romney Seen Scuttling EPA Proposals, Letting Rules Stand, while USA Today runs through the issues in Climate and energy: How do Romney and Obama compare?

Quote of the Day:

“The lion’s share of our revenue and earnings growth has occurred without the federal carbon pricing scheme. We’re not dependent on a particular policy setting of one kind or another.”

–Andrew Grant, CO2’s chief executive,in The Sydney Morning Herald’s “Carbon trading group weathers political storms”

Lead Stories

UN May Supply Record Number of Carbon Offsets in November
Supply of United Nations carbon offsets, known as Certified Emission Reductions or CERs, may jump 95 percent in November to the highest total since the mechanism began, according to UN data compiled by Bloomberg.

EU Nations Said to Vote on Carbon Registry Rules in December
European Union member states will vote in December on a draft proposal to revise the bloc’s carbon registry rules, in which the EU regulator seeks to include a provision to limit the use of certain international credits.

Barclays hit by fresh U.S. investigations
Barclays, already rocked by an interest rate rigging scandal, unveiled new U.S. regulatory investigations into the bank’s financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.

Australia’s carbon abatement imports target revealed
The Age
Australia will need to import about 100 million tonnes of carbon abatement in 2020 to meet its greenhouse gas reduction targets, the first official emissions projections since Australia imposed a price on carbon found on Wednesday.

Farming may contribute a third of emissions, study finds
The Age
Food production accounts for up to 29 per cent of man-made greenhouse gases, twice the amount the United Nations has estimated comes from farming, a study published on Wednesday said.

Sandy & oil, day 2: Demand destruction vs. infrastructure woes…and some TransCanada news
But the good news out of Philadelphia can’t overcome the fact that there’s flooding and power outages at the Phillips 66 refinery in Linden, New Jersey, also known as the Bayway refinery, and the cat cracker-only refinery operated by Hess at Port Reading, also in Linden. (Hess reported a power outage, but did not report flooding). And terminal after terminal in that whole New Jersey-Staten Island corridor, and at other places in the New York area, almost all reported that they remained closed due to flooding.

Rep. Waxman seeks lame-duck hearing on Sandy, climate change links
The Hill’s E2 Wire
The top Democrat on the House Energy and Commerce Committee is urging Republicans to hold a hearing in the lame-duck session on links between climate change and Hurricane Sandy.

Utility chief calls climate ‘ancillary argument’ in Sandy’s wake
The Hill’s E2 Wire
The CEO of utility giant Southern Co. on Wednesday disputed links between global warming and “unusual” storms and said discussions of climate change are “ancillary” as crews work to restore power after Hurricane Sandy.

Romney Seen Scuttling EPA Proposals, Letting Rules Stand
On the campaign trail, Republican presidential candidate Mitt Romney has pledged to halt environmental regulations such as auto-mileage standards, mercury pollution limits for power plants and mandated cuts in greenhouse-gas emissions.

Climate and energy: How do Romney and Obama compare?
USA Today
Romney and Obama sound quite different on the campaign trail about energy, climate and environmental issues, but their records in office are more similar. So how far apart are they really?
**RKB — Good side-by-side and up-to-date primer.

Energy in the Next Four (Political) Years
Consumer Energy Alliance’s Michael Whatley on Rigzone blog
As the election nears, both individuals and organizations interested in an affordable energy supply are taking stock of the race and seeking to understand how the candidates would confront the new realities of U.S. energy policy.

Cameron Says U.K. Must Rethink Energy Once Renewables Target Met
Prime Minister David Cameron said the U.K. should rethink its energy policy once targets for expanding renewable power generation are met.


Opinion: Federal carbon taxes are needed to curb global warming
Montreal Gazette
The 2012 U.S. presidential and vice-presidential debates are over, and despite rising sea levels, melting ice in the Arctic region and record droughts in the U.S. Midwest, there was not a single mention of climate change.

U.N. calls in contractors to help clear CDM backlog
Reuters Point Carbon
The U.N. has called in more than 40 contractors and shifted internal resources to help it unclog a bottleneck of requests from companies seeking carbon credits, officials at the body’s climate secretariat said on Tuesday.

Carbon trading group weathers political storms
The Sydney Morning Herald
Policy uncertainty around the longevity of carbon-reduction policies hasn’t prevented carbon trading firm CO2 Group from notching its eighth consecutive year of growth.

Natural Gas/Coal

China prioritizes use of natural gas by vehicles, ships
China unveiled on Wednesday a natural gas policy designed to spur the transport sector’s use of the cleaner-burning fuel, and particularly of liquefied natural gas (LNG), as the world’s second-largest user of fuel reins in consumption of dirtier oil.

Nebraska says new Keystone XL route is slightly less likely to ruin state
During the most heated point in the debate over the Keystone XL pipeline last year, the state of Nebraska was poised to act as spoiler. The pipeline as initially proposed ran over Nebraska farmland, but also — critically for the region — over the Ogallala Aquifer, a pristine water source widely tapped for drinking and irrigation.


U.K. Probes Wind Farms as Minister Says ‘Enough’
Prime Minister David Cameron said the U.K. must rethink energy policy once targets for renewable power are met, a sign Conservatives in the coalition government are reluctant to deepen the nation’s green-growth ambitions.

EIB, KfW-Backed Fund Buys Shares in Polish Wind From RP Global
The Marguerite Fund, the European Investment Bank-backed investor seeking to raise 1.5 billion euros ($1.9 billion), bought 49.99 percent of two wind farms in Poland from Austria’s RP Global Group.


Incentives Watch: Solar Energy Receives Voter Support in the United States
Bloomberg BNA
It appears to be solar energy’s time to shine. Further solar energy development is supported by 92 percent of U.S. voters, according to a article. The poll was conducted by Hart Research for the Solar Energy Industries Association (SEIA).


Small startup brings big data tools to the smart grid
The smart grid presents an interesting problem for the world of big data, and particularly the field of unstructured data. Where traditional data management requires its data to be formalized and regimented, unstructured data systems take their data as-is, so to speak, from the literally uncountable numbers of inputs by which information is digitized, and then make sense of it.


Zambia, China Agree to $150 Million Water Project, Times Says
Zambia Times/Bloomberg
Zambia signed a $150 million bulk water supply project with China Civil Engineering Construction to help boost potable supplies to homes and commercial areas in Lusaka, the Times of Zambia said, citing the government.


Americans’ Global Warming Beliefs and Attitudes in September 2012 (Posted Oct. 21, 2012)
Yale Project on Climate Change Communication

The EU Emissions Trading System (Posted Oct. 17, 2012)
Environmental Defense Fund

Energy Water Nexus: Coordinated Federal Approach Needed to Better Manage Energy and Water Tradeoffs (Posted Oct. 17, 2012)

Carbon Markets and Carbon Policy in China (Posted Oct. 15, 2012)
The Climate Institute/Climate Bridge

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