In today’s edition, focus on global carbon pricing, including in the AAP’s “Govt moves on EU carbon price link” and “China’s carbon price yet to reflect demand, supply: report” in which The Sydney Morning Herald cites results from Bloomberg New Energy Finance.
Quote of the Day:
“There couldn’t have been a more defensive statement by President Obama than to say finally – he didn’t mention it in two state of the union speeches – ‘climate change is not a hoax.’” That’s a real aggressive statement. That would have made Teddy Roosevelt proud and Jimmy Carter and so forth.”
–Ralph Nader, climate change, consumer advocate and former Green Party presidential candidate, in a National Press Club speech covered in The Hill’s “Nader: Capitol Hill needs substantive climate change debate”
Govt moves on EU carbon price link
ACTION to put in place Australia’s pioneering carbon price linkage with the European Union has started. Climate Change and Energy Efficiency Minister Greg Combet said on Wednesday it would be the world’s first intercontinental linkage of emissions trading schemes and the start of “a deep and liquid carbon market”.
**RKB – Combet promoting “deep and liquid carbon market.” Opposition says bill is flawed, including “eighth major change in the carbon tax in just over eight weeks.”
Australia’s Climate Bridge expands CDM projects
Australian carbon project developer Climate Bridge and Chinese firm Guizhou Panjiang CBM, which specialises in the development of low concentration coal mine methane, signed an agreement today to co-operate on future clean development mechanism (CDM) projects.
China’s carbon price yet to reflect demand, supply: report
The Sydney Morning Herald
The first carbon-dioxide price reported in China’s Guangdong province at 60 yuan ($9) a metric ton is probably coordinated by government and may not reflect demand and supply, said Bloomberg New Energy Finance.
Gold Standard Acquires CarbonFix In Bid To Reshape Forest Carbon Landscape
Ever since their inception, the Gold Standard for carbon offsets has focused on projects that deliver energy-efficient technology while the CarbonFix standard has focused on projects that plant trees. Today, however, the Gold Standard made a bold move beyond its traditional role as an energy-only carbon offset standard – announcing that it has acquired CarbonFix to integrate into a (literally) greener Gold Standard version 3.0.
U.S. Electricity Ignores Scarce Water Costs, Report Finds
Power producers in the U.S. aren’t calculating the cost of often scarce water resources for such energy sources as nuclear, coal, natural gas and biomass, according to a report.
US Senate looks to pile pressure on EU aviation plans before election break
The US Senate will attempt to push through its anti EU aviation emissions trading bill this week ahead of its election recess that begins on Friday evening.
Nader: Capitol Hill needs substantive climate change debate
The Hill’s E2 Wire
Lawmakers, notably Democrats, are “running away from the issue” of climate change, consumer advocate and former Green Party presidential candidate Ralph Nader said Tuesday.
Japan cools on 2040 nuclear phase-out
The Japanese government yesterday stopped short of approving plans that would see the country phase out its nuclear power stations by 2040.
COLUMN-Targets to cut carbon lag nuclear phase-out: Gerard Wynn
Developed countries are increasingly bold in planning to reduce nuclear power but hesitant in announcing clear plans to cut greenhouse gas emissions, leaving themselves wriggle room to replace low carbon nuclear generation with fossil fuel gas.
Soros Fund Invests in Mozambique Ethanol Project
The Wall Street Journal
Billionaire investor and philanthropist George Soros‘s nonprofit group has invested $6 million in an ethanol project in Mozambique that will offer families in the Southern African country an alternative to polluting charcoal.
ACCO & White House Council on Environmental Quality
September 24-25, 2012
Carbon Forum North America
October 1-2, 2012
Sustainability Summit – Innovation Challenge
October 9, 2012
EMA 2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA
Reducing carbon emissions is going to cost something
Heather Scoffield explores three options for reducing carbon emissions—a carbon tax, cap-and-trade and regulation—and explains that each involve costs.
American Carbon Registry Approves First Carbon Offset Methodology for Emission Reductions from Deltaic Wetland Restoration
A revolutionary new tool is now available to help restore the Gulf of Mexico’s disappearing coastal wetlands — Louisiana’s first line of defense against damaging hurricanes like Katrina, Rita, Gustav and Isaac. Funded by Entergy Corporation, developed by New Orleans-based Tierra Resources and approved for use by the American Carbon Registry (ACR) following stakeholder consultation and scientific peer review, the new tool creates a self-sustaining revenue source for wetlands restoration through the sale of carbon offsets.
GE oil and gas unit wins $1.1B contract in Brazil
General Electric Co.’s oil and gas division has signed a nearly $1.1 billion deal with Brazil’s state-run oil company Petrobras to provide offshore drilling equipment.
GOP ‘war on coal’ bill gets veto threat
The Hill’s E2 Wire
The White House is threatening to veto House GOP legislation that would scuttle an array of current and planned environmental rules that Republicans call harmful to coal industry jobs.
Global waming: A fracking good story
The Economic Times
Weather conditions around the world this summer have provided ample fodder for the global warming debate. Droughts and heat waves are a harbinger of our future, carbon cuts are needed now more than ever and, yet, meaningful policies have not been enacted.
Spreading Demand Thinner on the Power Grid
The New York Times
On sizzling-hot summer afternoons in Texas, when cranked-up air-conditioners cause electricity demand to surge, hotels sometimes dim their lobby lights. Air-conditioners may briefly pause, and farmers may stop running their electric water pumps.
Businesses call on US Senate to extend wind industry tax credit
Starbucks, Ben & Jerry’s and Yahoo are among 19 US companies urging Senate leaders to extend a tax credit for the wind industry that expires at the end of the year.
Green energy firms to take Bulgaria to court over new fees
Renewable energy developers will take Bulgaria’s energy regulator to court and alert Brussels over what they called “illegal” new fees on wind and solar installations that will deal a heavy blow to the sector, they said on Wednesday.
Turbine makers shun UK until reforms clear-Vattenfall
Britain will fail to tempt a wind turbine manufacturer to open a factory in the country until its policy on rewarding future wind farms is clear, said the head of Sweden’s Vattenfall, which opened its third British offshore wind farm on Wednesday.
Siemens to cut wind and solar power jobs – report
Siemens will cut jobs at its wind and solar power units as well as in its new Infrastructures and Cities business as part of a drive to cut costs in a weakening economy, a German magazine said.
Wind-Sector Cuts Tied to Tax-Credit Clouds
The Wall Street Journal
New layoffs at Siemens AG’s DE +0.82% wind-power factories in the U.S. mark the latest retrenchment in the wind industry caused in part by the looming expiration of a federal tax credit.
Dems seek wind tax credit vote on GOP coal bill
The Hill’s E2 Wire
Two House Democrats want a vote on an extension of expiring wind energy tax credits when lawmakers battle over GOP legislation that would thwart federal rules that Republicans call anti-coal.
Conn. lawmakers push for US fuel cell incentives
Two Connecticut lawmakers are pushing for new tax incentives to boost development of fuel cells, an alternative energy that has deep roots in the state and is beginning to find more commercial applications nationwide.
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)
EPA REGULATIONS AND ELECTRICITY (Posted Aug. 16, 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