In this edition, coverage from Business Green of IETA’s market initiative. European emissions data show UK makes biggest cuts, says The Guardian. And in the Carbon section, don’t miss U.K. Government dismisses rumours carbon capture funding has gone up in smoke.

Quote of the Day:

“The EU is delivering on its Kyoto commitment. While our economy grew 48% since 1990, emissions are down 18%. These figures prove once again that emissions can be cut without sacrificing the economy. Now, it is important to keep the direction.”

–Connie Hedegaard, EU Commissioner for Climate Action, in The Guardian’s “UK makes biggest emissions cuts in Europe”

Lead Stories

EU bioenergy policies increase carbon emissions, says leaked EU study
Bioenergy production is often increasing greenhouse gas emissions in the short term even though the EU currently counts it as a carbon neutral technology, according to an unreleased EU report, which EurActiv has obtained.

Carbon traders prepare for global market expansion
Business Green
The International Emissions Trading Association (IETA) has today launched an initiative designed to ensure businesses are adequately prepared for the rollout of new carbon markets in countries around the world.
**RKB- More from IETA below

IETA Launches the Business Partnership for Market Readiness (B-PMR)            
Press Release
Today the International Emissions Trading Association (IETA) is proud to announce the launch of a special initiative: the Business Partnership for Market Readiness (B-PMR).

Green energy would save EU trillions by 2050 -report
A green revolution to make EU energy almost totally carbon-free by 2050 would generate 3 trillion euros ($3.9 trillion) in fuel savings, a report commissioned by environmental campaigners said.

UK makes biggest emissions cuts in Europe
The Guardian
The UK has over-achieved on Kyoto protocol goals for last year, while Spain and Italy are in danger of missing their targets.

After Federal Jolt, Clean Energy Seeks New Spark
The New York Times
PRESIDENT OBAMA’S 2009 stimulus package included the largest single piece of energy legislation in American history, a $90 billion money pile for energy projects from the mundane to the exotic.

Wind-power consumption rises as nation’s overall energy use drops
The Hill’s E2 Wire
Wind power posted the greatest gain in domestic energy consumption in 2011 as overall energy use dropped, according to an analysis by the Energy Department’s Lawrence Livermore National Laboratory (LLNL).

EPA grapples with climate effects of palm oil in fuel
The Hill’s E2 Wire
A top Environmental Protection Agency official is visiting Indonesia and Malaysia to explore whether fuel made from palm oil — a crop that contributes to deforestation in the region — meets U.S. greenhouse gas standards.

American Farm Bureau caught in crossfire over biofuels
The Hill’s E2 Wire
Tensions among ranchers and farmers might lead the nation’s largest farm lobby to alter its position on the federal biofuel mandate.

Antarctic Ozone Hole Second Smallest in 20 Years, Scientists Say
The seasonal ozone hole above the Antarctic was the second smallest in 20 years as warm temperatures slowed depletion of the layer that shields the planet from ultraviolet radiation, according to the National Oceanic and Atmospheric Administration.
**RKB — NOAA press release.


EMA  2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA

IETA Carbon Forum Asia
October 30-October 31, 2012
Bangkok, Thailand


EU Carbon Premium Over UN Credits Widens to Record 7 Euros a Ton
The premium for European Union carbon permits for December over United Nations Certified Emission Reduction offsets expanded to a record as supplies of CERs are set to grow in November by the most in 10 months.

Government dismisses rumours carbon capture funding has gone up in smoke
Business Green                                                      
The government has insisted it is “fully committed” to carbon capture and storage (CCS), amidst rumours that developers could miss out on 600m euro of EU funding because the chancellor is unwilling to provide match-funding from the UK.

Methane conversion makes piggery carbon neutral
A pig farm in central-western New South Wales has started converting methane from the animals’ manure into electricity, to become the first piggery to completely offset its carbon emissions.

Natural Gas/Coal

Poland must choose shale gas or nuclear, top utility says
Poland will have to choose between investing in shale gas exploration or a nuclear programme to ensure future energy needs, the chief executive of Poland’s top utility PGE said on Wednesday.

In Oil-Rich Iran, Natural Gas Turns Wheels
The New York Times
HOW’S this for a paradox? Iran, an oil power seeking to become a nuclear power, has instead become a natural gas power. According to the latest figures from the Natural Gas Vehicle Knowledge Base, Iran, with the world’s second-largest natural gas reserves after Russia, in 2011 became the world leader in natural gas vehicles with some 2.9 million on the road, narrowly edging Pakistan, which is trailed by Argentina, Brazil and India, respectively. (The United States, which does not subsidize and promote the fuel like other countries do, ranks 16th.)


Is the Chancellor preparing to cap new onshore wind farms?
Business Green
Negotiations over the precise content of the Energy Bill could yet result in a cap being placed on new onshore wind farm developments, according to reports in The Times.
**RKB – The Times column follows

Column: To govern is to choose. Fudge won’t work
The Times
Sharp changes in direction on energy and crime will cause more lasting damage than class-war fiascos.

US grants offshore wind power lease for Delaware project
The U.S. Department of Interior (DOI) granted a lease for an offshore wind farm off the coast of Delaware to a unit of U.S. power company NRG Energy, which decided in December to put the project on hold due to financial considerations.

Michigan considers locking clean energy mandate in constitution
In less than two weeks, Michigan voters will decide on a hotly contested ballot initiative on whether the state should become the first in the country to enshrine a renewable energy mandate in its constitution, a move that backers say could put clean energy in the national spotlight.


Penn State climate professor sues think tank, National Review
The Washington Post
A Nobel Peace Prize winner and Penn State University climate science professor has sued a Washington-based think tank and a national magazine that called his scientific findings fraudulent and compared him to Jerry Sandusky, the former Penn State football coach convicted of numerous counts of child molestation.


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

The Carbon Emissions of Server Computing for small- to medium-sized organizations (Posted Oct. 15, 2012)

The Hidden Costs of Electricity: Comparing the Hidden Costs of Power Generation Fuels (Posted Sept. 19, 2012)

CDP Global 500 Climate Change Report (Posted Sept. 11, 2012)
Carbon Disclosure Project

Beyond the bluster: Why wind power is an effective technology (Posted Aug. 30, 2012)

Carbon Tax Revenue and the Budget Deficit: A Win-Win Solution? (Posted Aug. 27, 2012)

The 21st Century Corporation: The Ceres Roadmap for Sustainability (Posted Aug. 21, 2012)


European Power & Renewables Deals: Quarterly M&A outlook (Posted August 15, 2012)

Advancing Technology for America’s Transportation Future (Posted August 6, 2012)

Benchmarking Air Emissions Of the 100 Largest Electric Power Producers in the United States (Posted July 31, 2012)

Per capita CO2 emissions in China reached European level (July 18, 2012)

The Interim Regulation of Voluntary Greenhouse Gases Emission Trading in China (Posted July 10, 2012)
The Climate Group

Measure for Management: C40 Cities (July 9, 2012)
Carbon Disclosure Project

View all reports >

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