In this edition, RGGI’s sell out (not what you’re thinking). Plus, pundits handicap the carbon market/tax outlook in Australia after Abbott’s win. And, from our Water section, dispatches from World Water Week.

Quote of the Day:

“Climate change is the defining challenge of our time. IIt’s going to have wide-ranging impacts on every corner of our globe and that’s something that we are already seeing, particularly here as I flew into the airport and saw the sandbags from the last time the water inundated the runway.”

–U.S. Interior Secretary Sally Jewell in AFP’s “Pacific climate change pact wins US support”

Lead Stories

U.S. Northeast Carbon Permits Sell Out Again in Auction
Bloomberg
Regional Greenhouse Gas Initiative Inc., the nonprofit that administers the U.S. Northeast’s carbon-emissions program, raised $102.6 million as it sold every available permit for the third consecutive auction.
http://jlne.ws/19xlkQY
**RKB — Press release and results, here.

Abbott Faces Senate Carbon Test After Australia Election Victory
Bloomberg
Tony Abbott will be forced to negotiate with minor parties in the Senate as he seeks to scrap carbon pricing and a mining tax, after his coalition won the biggest parliamentary majority since at least 2004 in Australia’s election.
http://jlne.ws/1cVhSSb

Factbox: Key policies for Australia’s new conservative government
Reuters
Key policies of Australia’s new conservative Prime Minister Tony Abbott, who swept into office in Saturday’s national elections, ending six years of center-left Labor party rule.
http://jlne.ws/15O0wAI

Harper Offers Obama Climate Action for Keystone Approval
Bloomberg
Canadian Prime Minister Stephen Harper has offered to participate in joint efforts with the U.S. to cut greenhouse-gas emissions to win approval of the Keystone XL pipeline, according to a person familiar with the matter.
http://jlne.ws/19xkpzS
**RKB — CBC reports there’s no response from Obama yet. Harper’s plan to raise the issue at G20 overshadowed by Syria.

Shale gas is not quick energy fix, cautions Davey
The Sunday Times
ED DAVEY, the energy secretary, is to deliver a warning against “hype” that shale gas could revolutionise Britain’s energy supplies. In a speech tomorrow Davey will warn that the country is unlikely to see benefits from shale gas until the next decade, adding: “We can’t bank on shale gas to solve our energy challenges today or this decade.”
http://jlne.ws/1dSRco1

Climate makes a discreet comeback on the Brussels agenda
EurActiv.com
Regulating carbon quotas in the same way that central banks regulate currency exchange rates is the latest reform project being considered by the European Commission to support the ailing emissions trading scheme. Industrialists are pushing for a change but not all are convinced. EurActiv France reports.
http://jlne.ws/15GVoiL

Pacific climate change pact wins US support
AFP
A new Pacific regional pact calling for aggressive action to combat climate change has achieved a “major accomplishment” by gaining US support, officials said Sunday.
http://jlne.ws/1aWrT3e

Deep Sea Gas: China Follows Japan in Pursuit of New Energy Source
Circle of Blue
Not to be outdone by their neighbors and rivals from Japan, Chinese scientists this summer have set out to find a potentially vast new source of cleaner-burning fossil fuels, located beneath the floor of the South China Sea.
http://jlne.ws/182eeqi

Events

EMA’s 17th Annual Meeting
September 25-27
Las Vegas, Nevada
http://jlne.ws/192w3CR

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

South Africa Aims To Blend Carbon Tax With Offsets
Ecosystem Marketplace
To tax or to trade? That is the question countries are asking as they look for ways to incentivize the reduction of greenhouse gas (GHG) emissions.
http://jlne.ws/1e5KEn9

Shell to Pay U.S. $1.1 Million for Arctic Air Pollution
Bloomberg
Royal Dutch Shell Plc (RDSA) agreed to pay $1.1 million for violating permits regulating air pollution from its oil-exploration fleet in the Arctic Ocean last year.
http://jlne.ws/1dSRyLu

COLUMN-Acidifying oceans add to list of CO2 dangers: Wynn
Reuters
The world’s oceans will become dangerously acidic for corals and shellfish this century if carbon dioxide (CO2) levels continue to rise at current rates, adding to the urgency to reduce manmade CO2 emissions, according to an emerging science.
http://jlne.ws/1aWy6MH

Natural Gas/Coal/Alternative Fuels

Mileage Gains Using Ethanol Seen 20% Higher Than EPA Says
Bloomberg
A tweak to an automobile’s engine software can improve by as much as 20 percent the estimated fuel efficiency when using gasoline with ethanol or methanol, according to a non-profit group pushing gasoline alternatives.
http://jlne.ws/17inV0S

Russia may order price freeze as growth worries pile up
Reuters
Russia may prevent regulated prices from rising next year for the first time since 1999 as President Vladimir Putin’s government seeks to ease pressure on household budgets in an economy that is barely growing.
http://jlne.ws/19xCQEA

Australia’s new government aims to re-boot mining boom
Reuters
Australia’s incoming conservative government promised to re-boot a stalled mining boom and revive an appetite for investment on Sunday after leader Tony Abbott swept into office on a platform to scrap a mining tax and run a stable administration.
http://jlne.ws/1827tER

Swedish pension funds urged to dump fossil fuel holdings
FT.com
The Swedish Centre party has called for all of the country’s national pension funds to sell off their holdings in fossil fuel corporations in order to “climate proof” and protect the value of their investments.
http://jlne.ws/1et6EpQ

Power

Solar, Wind Farms Dominate Brazil Power Auction in November
Bloomberg
Developers of solar and wind farms in Brazil have registered 93 percent of the projects enrolled in a government-organized auction for new power plants scheduled for Nov. 18.
http://jlne.ws/181NyWD

Shareholders pile pressure on Germany’s RWE to present strategy
Reuters
Concerned about a possible dividend cut, top shareholders of RWE are piling pressure on Germany’s No.2 utility to present a convincing strategy on how to position itself as the country experiences a renewable energy boom.
http://jlne.ws/15aWTt1

Renewable Energy Entrepreneur Li Hejun Is China’s Latest Billionaire
Forbes
Li Hejun, one of China’s most successful renewable energy entrepreneurs, has formally entered the ranks of the world’s billionaires after a big run-up in the shares of his Hong Kong-listed solar energy arm. Shares in Hanergy Solar Group rose by 1.2% on Friday to close at an all-time high. They have tripled in the last year.
http://jlne.ws/15NVhku

Netherlands to Increase Offshore Wind Fourfold in Next Decade
Bloomberg
The Netherlands plans to boost offshore wind farms fourfold and curb energy use as it seeks to revive a faltering economy and secure future power supplies.
http://jlne.ws/1fMszWR

India, UK form green energy forum
The Economic Times
India and the UK have formed a green energy forum to enhance and accelerate activities in clean energy.
http://jlne.ws/17MFwLi

CleanTech

New Jersey becomes latest state to invest in microgrids
GreenBiz.com
Connecticut is the first to develop a statewide microgrid, and it looks like parts of New Jersey soon will follow in attempts to learn from the Superstorm Sandy disaster. During Sandy, the few communities that had smart grids and back-up solar power fared much better than those that didn’t.
http://jlne.ws/1aWDvDq

Water

In The Colorado Delta, A Little Water Goes A Long Way
Ecosystem Marketplace
This week is World Water Week and a coalition spanning the US-Mexico border is a perfect example of this year’s theme-water cooperation. The group is thinking outside the box to restore the Colorado River delta – using water rights markets, recaptured wastewater, and a groundbreaking new federal deal – that’s breathing new life into an ecosystem widely assumed to be gone forever.
http://jlne.ws/1auomtT

WASH: Talking the Water, Sanitation, and Health Dilemma at World Water Week
Circle of Blue
It’s one of the world’s greatest failings. How do we bring safe water, sanitation, and health to the billions of people around the world who live on the edge of basic survival?
http://jlne.ws/1fMYVAE

World Water Week finds power in partnerships
GreenBiz.com
Each year the Stockholm International Water Institute organizes World Water Week. The event draws several thousand water practitioners from the public sector, non-governmental organizations, academics, businesses and the media. Attendees highlight case studies, analytical tools and frameworks focused on mitigating water risks and improving the quality of life for billions globally.
http://jlne.ws/1cVM4g2

Miscellaneous

Scientist James Lovelock on why UK winters are getting colder
FT.com
The scientist known for his Gaia theory and warnings about climate change is 94 but feels he still has work to do
http://jlne.ws/1828f4E

Reports

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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