In this edition, a handful of exploratory pieces on the big green questions from The Wall Street Journal: Should There Be a Price on Carbon? as well as Do We Need Subsidies for Solar and Wind Power? and
Should Washington Block the Keystone Pipeline? In other coverage, Colombians Move Forward With New Carbon Platform and Australia’s carbon market landmark.

Quote of the Day:

“We are not entirely thrilled with the timetable the European Parliament has proposed. We are continuing to discuss with the European Parliament and we hope to bring the timetable forward.”

–Jos Delbeke, director general of the Commission’s climate department, in Reuters’ “Commission seeks to speed up EU carbon market remedy”

Lead Stories

Should There Be a Price on Carbon?
The Wall Street Journal
What price carbon? That question is splitting even those who agree that government should be pursuing policies to promote clean energy.
**RKB — Good, quick access to some big thinkers here. Excerpts from WSJ Q&A with David Weisbach, a professor of law at the University of Chicago; Eileen Claussen, president of the Center for Climate and Energy Solutions; and Ted Nordhaus, chairman of the think tank Breakthrough Institute.

Commission seeks to speed up EU carbon market remedy
Talks are under way to hasten a deal to prop up the European Union’s ailing carbon trading scheme, a senior European Commission official said on Friday.
**RKB – Delbeke insists ETS is here to stay.

Japan May Meet Kyoto Emissions Cut Target, Ministry Estimates
Japan is on target to cut greenhouse gas emissions by an estimated average of 8 percent for the five years ending in March, meaning it will meet commitments under the Kyoto Protocol, the environment ministry estimated.

US can save $100 bln if EPA flexible on power plant rules-study
The U.S. electric power industry’s research arm released a study on Friday saying power companies could save the economy about $100 billion between 2010 and 2035 if U.S. pollution rules were more flexible.
**RKB – Link to study not immediately available.

Britain could face electricity shortage – regulator
Britain faces a battle to keep the lights on in the next three to four years, its power regulator said on Friday, due to the closure of coal and oil-fired plants to cut carbon emissions.

Business Green Exclusive: Davey hints at ‘flexible’ carbon target
Business Green
Energy and Climate Change Secretary Ed Davey has hinted at plans for a “flexible” decarbonisation target for the power sector, which would help ensure the UK meets its legally-binding climate change targets for 2050.

Do We Need Subsidies for Solar and Wind Power?
The Wall Street Journal
At a time of intense debate over the federal budget, government subsidies for wind and solar power are more contentious than ever. The question of whether those subsidies are justified has taken on fresh urgency with the looming expiration of a major wind subsidy.

Should Washington Block the Keystone Pipeline?
The Wall Street Journal
The proposal for a pipeline to carry oil extracted from tar sands in Canada to refineries on the Gulf Coast of the U.S. is likely to remain a focus of political debate in this election season.

Avoiding Obama’s Mistake, Senate Candidates Slam GOP Opponents Over Climate Denial
Think Progress
The less said about Obama’s inexcusably lame debate performance, the better. Kudos to team Romney for figuring out that in a nationally televised debate with only one, passive moderator, the winning strategy is the Gish Gallup: ”the debating technique of drowning the opponent in such a torrent of half-truths, lies, and straw-man arguments” that there is no time to refute them all).

Climate change emerges as sleeper issue in Senate races
The Hill’s E2 Wire
Climate change has become a sleeper issue in a number of Senate races as Democrats attempt to paint their opponents as extreme, based on their views on the issue.

ExxonMobil returns fire at Obama
The Hill’s E2 Wire
ExxonMobil is returning fire after President Obama singled out the oil giant in Wednesday’s debate when calling for an end to billions of dollars in industry tax breaks.
**RKB — Read the response for yourself at the company blog.

Greens slam Romney over clean tech ‘lies’
Business Green
The Obama campaign has accused Republican challenger Mitt Romney of repeated dishonesty during Wednesday’s presidential debate, which has been widely hailed as a victory for the GOP candidate.

Newspapers in UK and US give climate sceptics most column inches
Business Green
Climate sceptics feature more prominently in newspapers in the US and UK than other countries, and their views are more likely to go unchallenged in right-leaning papers, an academic study has shown.


Sustainability Summit – Innovation Challenge
October 9, 2012
New York

EMA Regional Thought Leader Roundtable: Northeast REC Markets
October 17, 2012

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


Colombians Move Forward With New Carbon Platform
Ecosystem Marketplace
Last week marked the inception workshop for the creation of a Colombian-based market platform for voluntary carbon offset transactions. As reported in Ecosystem Marketplace two years ago (see below), the initiative is being led by Fundacion Natura Colombia and supported by the Global Environment Facility and Inter American Development Bank. It aims to create a market platform for Colombian-verified emission reductions for purchase by domestic or international buyers and will support the issuance of credits as well as foster demand through corporate carbon management strategies.

Australia’s carbon market landmark
Climate Spectator
The ACCU market exists under the Carbon Farming Initiative, a policy developed in order to provide the agricultural sector with an opportunity to take advantage of the substantial abatement opportunities which exist on the land. Creators of ACCUs must go through a strict accreditation and audit process with projects needing to adhere to clearly defined creation methodologies, many of which are still being finalised.

Emission reduction policies must be based on accurate carbon measurements
Center for International Forestry Research blog
Forest-rich countries must ensure that policies for emissions reduction programs, such as REDD+, are based on accurate measurements of carbon stored and released from trees, otherwise they could greatly overestimate their contribution in reducing the planet’s greenhouse gas (GHG) emissions.

Natural Gas/Coal

Canada says India slow to invest in Alberta oil sands
Indian companies are lagging behind when it comes to investing in Canada’s giant oil sands but could well start making deals within the next five years, Canadian Energy Minister Joe Oliver says.

Coal exports could face roadblocks if Democrats maintain Senate control
The Hill’s E2 Wire
Companies that want to export coal to Asia could find roadblocks in their path if Sen. Ron Wyden (D-Ore.) becomes chairman of the Senate Committee on Energy and Natural Resources.

The Energy Journal: Oil Companies Push Ahead With Alaska Pipeline Proposal
The Wall Street Journal
Oil companies are pushing ahead with a proposal to build a natural gas pipeline in Alaska, a long-discussed project that would become part of an effort to export liquefied natural gas to Asia.

Uruguay Signs $1.65 Billion in Offshore Oil-Exploration Deals
The Wall Street Journal
Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65 billion over the next three years.

Minister promises smoother path for coal-to-biomass transition
Business Green
Energy Minister John Hayes has today promised to make it easier for energy companies to convert coal-fired power plants to support sustainable biomass, with the publication of new information on how so-called co-firing technologies will be supported through the government’s renewable energy subsidy regime.


Battlefield: Georgia – Who Is Allowed To Sell Solar Energy in the Peach State?        
Renewable Energy World
In a state that has been teeming with solar resources since the beginning of time, it’s ironic that a fight to seize upon that great, untapped resource is only now taking place. In a recent study performed by the University of Arizona, Georgia ranked in the top three U.S. states most capable of harnessing that abundance of solar to not only create clean energy, but to also create new jobs and dramatically increase state and local revenue. Yet to date, that potential remains far from full realization. But if a certain Atlanta-based startup gets its way, it may only be a matter of time before the first giant leap is taken.                    

Poland scales down planned cut in support for renewables
Poland has scaled down its plan to cut support for renewable energy to a total of 2.3 billion zlotys ($738 million) by the end of the decade from 9.7 billion zlotys, an updated draft bill on renewables released late on Friday showed.

Turkey’s Isbank signs $300 mln loan deals with JBIC
Major Turkish lender Isbank said on Friday it had signed two loan deals with the Japan Bank for International Cooperation (JBIC) worth a total $300 million.

First Solar Declines on Concerns Over Panel Reliability
First Solar Inc. (FSLR), the world’s biggest maker of thin-film panels, fell the most in five weeks after the company said as many as 232,000 panels in the field may need to be replaced.


Indian green IT spending to top $70bn by 2015
Business Green
India’s spending on green IT and sustainability initiatives is set to rise from $45bn this year to $70bn by 2015, according to research company Gartner.


Ford’s South Africa Unit Names Veolia to Build Wastewater Plant
Ford Motor Co. (F) of South Africa hired Veolia Environnement SA (VIE)’s water solutions subsidiary to design, supply and install a new water-treatment plant to help in the manufacturing of the new Ranger pickup in Pretoria.

Hydrotek Climbs on Thai Water Production, Myanmar Bid Reports
Hydrotek Pcl (HYDRO), a Thai water management company, rose the most in more than eight months in Bangkok trading following a report that it will operate a tap-water production facility in Chiang Mai province and was bidding for projects in Myanmar.


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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