In this edition, Canada and Japan and Norway feature with their respective carbon market moves. Plus, Aviation Envoys Restrict EU Market Terms in Carbon Pledge. And, India’s Ultra-Mega Solar Plant to Sell Record-Low Power.

Quote of the Day:

“I believe that California will hold on to its standards, as it did in similar issues in the past. And as for Quebec, we tend to be some leaders in the environmental issues, and we intend to stick to what we have decided. The only thing I believe that could lead us to open parts of the agreement would be some major new players saying, ‘We want to be part of it, but we would like to discuss a few items in the agreement, in the treaty.’ So, we would probably be more open under those circumstances, but this would be because the cap-and-trade system would welcome new jurisdictions, new provinces or states.”

–Yves-François Blanchet, Quebec’s minister for sustainable development and the environment, in EE News’ “Quebec’s Environment Minister Blanchet discusses impact of EPA regulations on carbon markets”

Lead Stories

Japan, APEC May Agree on Carbon Offset Deal, Yomiuri Reports
Yomiuri/Bloomberg
Japan may expand clean-energy technology transfer partnerships with Asia-Pacific Economic Cooperation members to reduce its own greenhouse gas emissions, the Yomiuri newspaper reported today.
http://jlne.ws/17yZrBu

Quebec’s Environment Minister Blanchet discusses impact of EPA regulations on carbon markets
EE News
As U.S. EPA moves forward with regulations for new and existing power plants, how could these rules affect existing carbon markets?
http://jlne.ws/158iDW6

Barclays’s Neelakandan Said to Resign as Head of Carbon Trading
Bloomberg
Nima Neelakandan, Barclays Plc (BARC)’s head of emissions trading, resigned from the London-based bank, two people with direct knowledge of the matter said.
http://jlne.ws/19lCp3N

EU agrees to bend on aviation emissions, still faces resistance
Reuters
European countries expressed support for an “imperfect” compromise to curb global aviation emissions on Wednesday but still face pressure to drop a key demand – to be able to apply the EU’s carbon trading scheme to foreign air carriers.
http://jlne.ws/18W61k7

Aviation Envoys Restrict EU Market Terms in Carbon Pledge
Bloomberg
The International Civil Aviation Organization declined to endorse the European Union’s stance that it may include international airlines in its carbon-trading system.
http://jlne.ws/1a4vrfM

Keystone Nears Completion, But Canada Still Cut Off
The Wall Street Journal
Oil prices gained sharply on both sides of the Atlantic on news that the southern leg of the Keystone XL pipeline is nearly complete.
http://jlne.ws/1aQ67uU

Events

Climate Strategies Forum
Association of Climate Change Officers
October 14-17
Washington, D.C.
http://jlne.ws/14cGFtN

Verge: Where Tech Meets Sustainability
October 14-17
San Francisco, California
http://jlne.ws/1bAKXT4

FT Global Shale Energy Summit
October 21
London
http://jlne.ws/1cemi7d

Solar Power International
October 21-24
Chicago
http://jlne.ws/184e0wa

Climate Leadership Conference
Association of Climate Change Officers
February 24-26, 2014
San Diego, CA
climateleadershipconference.org/

Carbon

Norway to buy more carbon credits
Investment Europe
Norway’s ministry of Finance has signed an agreement with the Nordic Environment Finance Corporation, Nefco, to buy up to 30 million carbon credits from stranded UN-approved projects, which are struggling with low CER (carbon emissions reduction) prices.
http://jlne.ws/18VYuSi

Mangrove carbon credits to help Kenyan communities
Natural Environment Research Council
A new initiative launched today will raise money for community projects in Kenya by protecting and restoring the country’s dwindling mangrove forests.
http://jlne.ws/19oxGIy

Natural Gas/Coal

Rio Tinto to Sell Closed Coal Mine
The Wall Street Journal
Rio Tintois poised to sell its Blair Athol coal mine in eastern Australia to Linc Energy Ltd.,in a move to scale back exposure to a commodity that has suffered a steep fall in prices, a person familiar with the matter said Wednesday.
http://jlne.ws/1f40WfV

Energy, Oil Companies Urge Fed Not to Push Banks Out of Commodities Markets
The Wall Street Journal
A group of energy, oil and other companies urged the Federal Reserve to continue allowing banks to own physical commodities, in a letter sent Tuesday.
http://jlne.ws/175Qn3V

Clean Energy to sell renewable gas at the pump
Reuters
Shares of Clean Energy Fuels Corp fell 5.8 percent on Thursday after the company said it would distribute a renewable natural gas made from organic waste at some of its fueling stations, disappointing investors who had bid up the stock this week on the chief executive’s Twitter promise of “big news.”
http://jlne.ws/18W4730

Power

India’s Ultra-Mega Solar Plant to Sell Record-Low Power
Bloomberg
India plans to sell power at a record-low rate from a 4-gigawatt solar photovoltaic farm that will more than double the nation’s sun-powered capacity.
http://jlne.ws/15LGux9

IFC to Complete Financing for Jordan Wind Plant in Weeks
Bloomberg
International Finance Corp., the World Bank’s investment arm, expects to complete financing for a $300 million wind-power plant in Jordan in the coming weeks, allowing construction to start before the end of the year.
http://jlne.ws/18zQebM

Reports

Global 500 Climate Change Report 2013 (Posted September 12, 2013)
CDP
http://jlne.ws/16mBo8p

The Future of China’s Power Sector (posted August 27, 2013)
Bloomberg New Energy Finance
http://jlne.ws/14Bk1k2

Sub-national involvement in NAMA development (posted August 7, 2013)
Ecofys’ International Climate Policies Unit
http://jlne.ws/19LKChs

U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather (Posted July 14, 2013)
U.S. Dept. of Energy
http://jlne.ws/12z1YK5

Turn down the heat: climate extremes, regional impacts, and the case for resilience (Posted June 19, 2013)
World Bank
http://jlne.ws/14KrLza

Four energy policies can keep the 2 Degree C climate goal alive (Posted June 10, 2013)
IEA
http://jlne.ws/12Bpk41

Maneuvering the Mosaic: State of the Voluntary Carbon Markets 2013 (Posted June 10, 2013)
Ecosystem Marketplace
http://jlne.ws/12Cyi0X

View all reports >

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