Quote of the Day:
“Easing the transition is one thing; leaving the entire industrial sector outside the arena where every other member of society, from forestry to municipal sewage treatment plants is taking aggressive measures to reduce their emissions is just plain unacceptable.”
–Mary Nichols, California Air Resources Board chair, in Reuters’ “California regulator defends CO2 market design”
Spoiled opportunity: Harvard expert bemoans squandering of model for cap and trade
While many believe the sulfur dioxide regulatory system, which was adopted as part of the Clean Air Act of 1990, is a proven success and a model of how a cap-and-trade regulatory scheme should work, Harvard environmental economist Robert Stavins contends that national politics have “tainted” cap and trade.
**JK – Stavins isn’t the only one bemoaning the destruction of the NOx and SOx program.
California regulator defends CO2 market design
Reuters Point Carbon
California’s top air regulator offered a stern defense of the state’s forthcoming carbon cap-and-trade system, battling back against complaints from industry that it will cost jobs and drive up consumer prices at a hearing on Thursday.
**JK – A familiar and rather tired refrain from industry.
Business Groups Protest California’s Impending Cap-and-Trade Market
Industry groups as well as executives and workers from refineries and factories demanded the California Air Resources Board make changes to the state’s impending cap-and-trade carbon market, arguing the landmark emissions reduction scheme amounted to a $1 billion-a-year-tax increase that would stifle economic growth and drive companies out of the state.
Europe’s carbon tax set to deal big blow to shipping
David Black – The National
The global shipping industry is facing controversial emissions charges similar to those dogging global airlines as the European Commission draws up harsh new environmental regulations.
What business says about ETS changes
New Zealand Business Day
Submissions on the Parliamentary website show the Government has won support from big business for its proposed watering down of the carbon Emissions Trading Scheme, but not all economic interests are pleased.
Businesses call for energy efficiency to be at heart of EU industry plan
The EU Commissioner for industry has told businesses that environmental policies will be central to driving the “third industrial revolution”, ahead of a the launch of a growth strategy next month.
JPMorgan may have broken U.S. power market rules: watchdog
U.S. power market regulators challenged a unit of JPMorgan Chase & Co on Thursday to show that it did not violate federal regulations by submitting misleading information and omitting facts in dealings with the regulator and California’s electricity grid operator.
Power Plants Aim to Curb Their Thirst
The Wall Street Journal
The drought that parched more than 30 states this summer is forcing the power industry to rethink its heavy use of water and adopt technology to use less of it.
Coal Era Beckons for Europe as Carbon Giveaway Finishes
European utilities are poised to add more coal-fired power capacity than natural gas in the next four years, boosting emissions just as the era of free carbon permits ends.
European Solar Lobby Says China Talks Should Wait for EU Finding
Europe should complete a probe into alleged Chinese solar-panel dumping before the two sides begin talks, the lobby group that made the claims said after German Chancellor Angela Merkel offered backing for negotiations.
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
Senate shields US airlines from EU’s carbon scheme
The European Commission has been enforcing its law since January to make all airlines take part in its Emissions Trading Scheme to combat global warming, prompting threats of a trade fight.
The Senate approved the Bill shortly after midnight, as it scrambled to complete business to recess ahead of the November 6 congressional and presidential elections.
Reducing Greenhouse Gas Emissions by 2050: California’s Energy Future
California Council on Science and Technology release
CCST has released the next report in the California’s Energy Future (CEF) series, which focuses on exploring possibilities for California’s energy strategy through the year 2050. Portraits of Energy Systems for Meeting Greenhouse Gas Reduction Targets examines a variety of scenarios for reducing greenhouse gas (GHG) emissions.
California’s Energy Future: Portraits of Energy Systems for Meeting Greenhouse Gas Reduction Targets
House approves ‘Stop the War on Coal’ bill in last act before November election
The Hill’s E2 Wire
The House approved a bill Friday morning that would significantly deregulate the coal industry, in a vote that was the last legislative act of the House before the November election.
Dem slams Obama on EPA rules, coal
The Hill’s E2 Wire
Rep. Nick Rahall (D-W.Va.) said the Obama administration’s policies present the toughest uphill battle for the coal industry in his 36-year congressional career.
Britain’s bosses back shale gas to cut imports
Britain must begin shale gas exploration to ease its growing dependency on imports, the Institute of Directors (IoD) said on Friday.
No role for UK shale gas, say green groups
Green groups have slammed a report claiming shale gas could provide 10 per cent of the UK’s gas supply for over a century.
Quebec minister signals stricter ban on fracking
Quebec’s natural resources minister has signaled that the newly elected separatist government wants to
put more restrictions on developing the province’s shale gas resources, saying she does not believe hydraulic fracturing is safe.
Canada: Risks in Foreign Investment
The Wall Street Journal
Canada’s spy agency issued a stark warning about national security risks tied to some foreign investment by state-owned enterprises, potentially opening up a new front in a debate here over Chinese oil company Cnooc Ltd.’s$15.1 billion deal to buy Canada’s Nexen Inc.
Endesa Seeks Investor Support on $8 Billion Fundraising Revamp
Spain’s Endesa SA (ELE) sought investor support for an $8 billion plan that would sell stock in Enersis SA (ENERSIS), its affiliate in Latin America, and transfer stakes it owns in 12 companies to the unit.
Suzlon’s Repower to Supply Turbines to Polish Wind Farm for WSB
Repower Systems SE, the German unit of India’s biggest wind-turbine maker Suzlon Energy Ltd. (SUEL), will supply 45 megawatts of turbines to a Polish project developed by WSB Neue Energien GmbH.
UK to power up electricity storage systems with 20m sterling fund
The government is to launch a 20m sterling innovation competition to help overcome one of the major barriers to the development of intermittent renewable energy and build infrastructure that will support a future smart grid.
Public Power Wins Court Appeal to Overturn Lignite Order
Public Power Corp SA (PPC) won a European Union court ruling that allows it to maintain preferential access to cheap fuel for power generation, potentially helping the Greek government in talks with creditors on an economic overhaul needed to qualify for more emergency loans.
Duke Chief Answers Critics After Coup at Biggest Utility
Jim Rogers is sitting in his sleek, modern office on the 48th floor of the Duke Energy Center inCharlotte, North Carolina, explaining how, after a merger capped off by an 11th-hour management coup, he remains chief executive officer of the largest electric utility in the U.S. He wonders aloud whether to enliven the account with a metaphor about soured romance.
Space Energy: Is Space Solar Power Feasible?
It’s always sunny in low-Earth orbit, so what better place to look for a source of solar energy? With the end of “cheap oil” rumored to be rapidly approaching (if not already upon us), not to mention the effects of fossil fuel use upon the environment and climate, sources of alternate, clean and renewable energy appear to be the unavoidable wave of the future.
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
Measure for Management: C40 Cities (July 9, 2012)
Carbon Disclosure Project