In today’s edition: “London Meeting Aims To Move Natural Capital Declaration From Words To Deeds,” says
Ecosystem Marketplace. Business Green reports “US takes the plunge with first tidal energy array.” And The Wall Street Journal takes on “Ethanol Makers’ Long Hot Summer.”
Quote of the Day:
“I think we’ll continue to contract. We have to get into a point where stocks are tighter and production is lower.”
–Todd Becker, chief executive of Omaha, Neb.-based Green Plains, in The Wall Street Journal’s “Ethanol Makers’ Long Hot Summer”
Canada halfway to meeting emissions-reductions goal: sources
The Globe and Mail
The federal government is set to announce that it is almost half way to meeting its emissions-reductions target — a significant leap in progress over the past year.
A Climate and Energy Stalemate
The New York Times
On the day he clinched the Democratic nomination for president in 2008, Barack Obama declared that future generations would look back and say, “This was the moment when the rise of the oceans began to slow and our planet began to heal.” He made addressing climate change, domestically and as part of a concerted international effort, a central tenet of his campaign platform and a top priority of his first year in office.
Rise of the Smart Grid
Washington, America’s power center, recently experienced life without power—the kind that gets generated, not the kind that gets wielded. After a nasty storm knocked out the Beltway’s electricity for days during a heat wave, power brokers of the political type complained: Didn’t President Obama promise a smarter, more reliable grid?
Senate to take up securing U.S. telecom, power, water
The Senate on Thursday agreed to debate a long-delayed bill to secure the nation’s power grid, water supply and telecommunications system from cyberattack by hackers or foreign enemies.
London Meeting Aims To Move Natural Capital Declaration From Words To Deeds
The Natural Capital Declaration aims to push environmental risks and rewards onto corporate balance sheets in an effort to promote responsible stewardship of natural resources. It has the backing of 39 financial institutions, and many of them are meeting in London on Thursday to explore ways of turning the declaration into deeds.
US takes the plunge with first tidal energy array
The US will dip its toe into the tidal energy sector over the coming months when the nation’s first commercial-scale, grid connected project comes online off the coast of Maine.
Ethanol Makers’ Long Hot Summer
Wall Street Journal
Record corn prices and sluggish gasoline demand are squeezing profits for U.S. ethanol companies, prompting some producers to idle plants or slow production.
Democrats say Romney beholden to ‘Big Oil’
The Hill’s E2 Wire
Congressional Democrats and a liberal advocacy group with White House ties attacked Republicans and presidential candidate Mitt Romney on Thursday for supporting tax breaks for oil companies.
Energy Department Grants Made Despite Conflicts, Report Says
A U.S. Energy Department program designed to promote use of alternative fuels for vehicles gave out about $5 million in grants to individuals with conflicts of interest, the agency’s inspector general said.
Inhofe asks EPA to delay pollution rule
The Hill’s E2 Wire
Sen. James Inhofe (R-Okla.) wants the Environmental Protection Agency (EPA) to delay a final decision on an air pollution rule that Republicans say will hurt industries ranging from agriculture to mining.
The Age of Scarcity
This has been a brutal summer. Record drought across the Midwest has forced the U.S. Department of Agriculture to slash its forecast for 2012 corn production by 12 percent. Corn prices are already 90 percent higher than in July 2010. They’ve gone above 2007-08 levels, when soaring food prices sparked riots in more than 30 countries.
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
Price of polluting falls as carbon credits get cheaper
Radio New Zealand
The price of carbon has slipped to new lows on world markets, hampering efforts in New Zealand and overseas to improve the environment. Emissions of carbon dioxide and other greenhouse gases have to be paid for by industries in many countries, but the cost of doing so has fallen to record lows and that makes it relatively cheap for companies to carry on polluting.
Foresters want protection against cheap carbon credits
Radio New Zealand
New Zealand foresters are calling for protection from cheap carbon credits flooding in from overseas.
Report: UK carbon targets promise $10bn boost to IT market
The UK’s target to cut carbon emissions by a 34 per cent against 1990 levels by 2020 will deliver a dividend worth between $5bn and $15bn to the country’s IT market, according to new research.
Climate carbon technologies considered
Pulling carbon dioxide from the air and storing it to stabilize climate may become increasingly important with ongoing global warming, U.S. scientists say.
Environmental News Network
Forests are many things to many people as well as nature. One is the benefit of carbon fixation. Using new, highly efficient techniques, Carnegie and Colombian scientists have developed accurate high-resolution maps of the carbon stocks locked in tropical vegetation for 40% of the Colombian Amazon, an area about four times the size of Switzerland.
Gaz Metro to Buy Quebec Biogas, Canada Government Backs Project
Gaz Metro Inc., Quebec’s largest natural-gas distributor, agreed to purchase and inject bio- methane into its pipeline system from a citywide waste treatment project in Saint-Hyacinthe, Quebec.
COLUMN-UK natural gas future clouded by CO2: Gerard Wynn
Natural gas has strong political support in Britain, shown by a tax break choreographed this week to balance support for wind power, but it is also on a collision course with the country’s carbon emissions targets.
Loss of Free Carbon Permits Make Centrica Stations Unprofitable
The loss of free-of-charge European Union carbon permits next year will make an unspecified number of Centrica Plc (CNA)’s U.K. natural gas power stations unprofitable, according to the utility.
Analysis: Australia’s fuel trade jumps as plug pulled on refineries
Australia is set to become Asia’s biggest importer of fuels, opening up trading opportunities in one of the world’s most profitable energy markets, as ageing Caltex and Shell oil refineries near Sydney shut and other plants look vulnerable.
Court Backs Towns In Gas-Law Fight
Wall Street Journal
Pennsylvania can’t restrict local governments from using zoning laws to regulate oil and gas drilling, a state court ruled Thursday in the latest battle over how much of a say local officials have on energy development within their boundaries.
For Exxon, Natural Gas Becomes a Costly Burden
Wall Street Journal
The oil and natural-gas production boom sweeping the U.S. may be good for the country’s economic health, but it hasn’t recently been much help to energy giant Exxon Mobil Corp.
Energy Firms Face Price Divide
Wall Street Journal
A growing global divide in natural-gas markets showed itself in energy companies’ second-quarter earnings Thursday, as U.K.-listed BG Group PLC and Royal Dutch Shell RDSB.LN -2.52% PLC said weak U.S. prices resulting from the shale-gas glut helped drag down their profits.
Solarworld-Led Group Files China Anti-Dumping Case in Europe
Solarworld AG (SWV), Germany’s largest solar-panel maker, led a group of manufacturers in requesting the European Commission investigate whether Chinese competitors dumped products at below-market rates on regional markets.
Gamesa Plans Restructuring After Cutting 2012 Turbine Forecast
Gamesa Corp. Tecnologica SA (GAM) cut its 2012 sales forecast and plans to announce a restructuring in October after posting its first half-year loss since the wind- turbine maker initially sold shares in 2000.
Light Sees Demand Doubling for Brazil Energy-Efficiency Projects
Light SA (LIGT3), a Brazilian power utility, expects demand for its energy-efficiency services to double next year as electricity prices rise and more supermalls and factories seek to conserve power.
Siemens Spreads Efficiency Program to Solar Unit
Siemens AG (SIE) said it’s making changes at its solar-energy business after it lost money because of cancellations from customers and support from European governments flagged.
GE to Provide 22 Megawatts of Turbines for Mexican Wind Project
General Electric Co., the biggest U.S. maker of wind turbines, will furnish eight 2.75-megawatt power units to Mexican hydroelectric developer Comexhidro for a project that will provide electricity for public lighting in the northeastern municipality of Santa Catarina.
Power costs up under Coalition: Combet
Climate Change Minister Greg Combet says power prices would be pushed up under the Coalition plan to keep the renewable energy target (RET) but scrap carbon pricing.
Wind industry fears tax credit’s death
Investment in wind energy will drop by nearly two-thirds if Congress fails to extend a key tax credit that’s set to expire at year’s end, an industry group says.
Quest Water Seeks AfDB Funds for Water From Air in Angola
Quest Water Global Inc. (QWTR), whose systems create water from humidity, is negotiating with the African Development Bank for loans to build plants in Angola, where half the population lacks clean drinking water.
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
Characterizing Pivotal Sources of Methane Emissions from Unconventional Natural Gas Production (Posted June 4, 2012)
Vulnerability of US and European electricity supply to climate change (Posted June 4, 2012)
Nature Climate Change
Developing Dimension: State of the Voluntary Carbon Markets 2012 (Posted May 31, 2012)
Tackling exposure: placing disaster risk management at the heart of national economic and fiscal policy (Posted May 22, 2012)
Fossil fuel price shocks and a low carbon economy (Posted May 21, 2012)
Using the Allowance Value from California’s Carbon Trading System: Legal Risk Factors, Impacts to Ratepayers and the Economy (Posted May 17, 2012)
Inclusive Green Growth: The Pathways to Sustainable Development (Posted May 9, 2012)
Meeting Canada’s 2020 Climate Change Commitments (Posted May 8, 2012)
Office of Auditor General