In today’s edition: “America’s Energy Seen Adding 3.6 Million Jobs Along With 3% GDP,” says a report on Bloomberg. The New York Times has “Stressed Aquifers Around the Globe.” And, Bloomberg offers “EU Says It Has All National CO2 Plans for 2013 Permit Decision.”
Quote of the Day:
“Meet Paul Ryan–it snowed in my district, so let’s not do anything about climate change.”
–350.org co-founder Bill McKibben on Twitter.
Lead Stories
Climate Change And Paul Ryan: Romney’s VP Pick Irks Environmentalists
Huffington Post
“Unilateral economic restraint in the name of fighting global warming has been a tough sell in our communities, where much of the state is buried under snow…” Paul Ryan, Mitt Romney’s vice presidential running mate, argued in a 2009 op-ed.
http://jlne.ws/QuzlTK
California Air Chief Says Carbon Auction Won’t Be Delayed
Bloomberg
California plans to sell the first carbon allowances in November, undeterred by warnings from a federal energy commissioner that a system meant to curb emissions may harm businesses, the state air board’s head said.
http://jlne.ws/RbJaMU
Plan to link carbon price permits to Europe
Australian Financial Review
The Gillard government plans to link its carbon price scheme to Europe’s emissions trading scheme from 2015 while limiting Australian use of low-cost permits generated in developing countries.
http://jlne.ws/ROP7hS
America’s Energy Seen Adding 3.6 Million Jobs Along With 3% GDP
Bloomberg
On the eastern bank of the Mississippi River, about an hour upstream from New Orleans, the outline of Nucor Corp. (NUE)’s new $750 million iron-processing plant is rising between fields of sugar cane and sweet gum trees.
http://jlne.ws/PSshzy
Stressed Aquifers Around the Globe
The New York Times
As the worst drought in decades continues to afflict the Midwest and the Great Plains, it is straining a precious commodity far beneath the earth’s surface: groundwater.
http://jlne.ws/ROOftM
Tracking REDD+ Finance: Separating The Payers From The Posers
Ecosystem Marketplace
Developed nations have pledged more than $7.3 billion to help developing countries get up to speed on REDD+, and $4.3 billion of that is slated to be delivered by the end of this year. With four months to go, however, it’s not at all clear how much of that money has been delivered or how it’s being used.
http://jlne.ws/MtikwN
Events
GreenGov Symposium
ACCO & White House Council on Environmental Quality
September 24-25, 2012
http://jlne.ws/OfOB9D
Carbon Forum North America
October 1-2, 2012
Washington, DC
http://jlne.ws/zDe43B
Sustainability Summit – Innovation Challenge
October 9, 2012
New York
http://jlne.ws/wKbX7U
EMA 2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA
http://jlne.ws/NIFCwM
Carbon
EU Says It Has All National CO2 Plans for 2013 Permit Decision
Bloomberg
The European Union said it has received all national carbon permit allocation plans needed to work out the number of allowances that companies in the bloc’s emissions market will get for free as of 2013.
http://jlne.ws/QZ7cIV
Long Beach to study possibility of selling carbon credits to industry to offset tree costs
Press Telegram
Long Beach to study possibility of selling carbon credits to industry to offset tree costs
http://jlne.ws/RbLlAi
ARB looks at reducing ‘cap and trade’ burden on businesses
The Sacramento Bee
Big business sees California’s global-warming law as a job killer, a $1 billion tax that could force some of the state’s heaviest industries to flee.
http://jlne.ws/TAV2Wj
Clean Energy Regulator seeks auction system for carbon market
ComputerWorld
The Clean Energy Regulator, which administers the federal government’s carbon pricing scheme, is seeking a new software system to manage the auctioning of carbon units when the scheme when shifts from fixed pricing to variable pricing in 2015.
http://jlne.ws/ROPZ64
Abu Dhabi project meets global carbon norms
Trade Arabia
An Abu Dhabi energy project has become the first UAE-based company to be registered as meeting global Verified Carbon Standard criteria, receiving Carbon Credits to help fund its programme.
http://jlne.ws/NmfBqj
Natural Gas/Coal
Coal India Profit Tops Forecast
The Wall Street Journal
NEW DELHI–Coal India Ltd. 533278.BY +1.97% Monday topped forecast with an 8% increase in fiscal-first-quarter net profit as the state-run company produced and sold more coal and also benefited from higher non-operating income.
http://jlne.ws/SfZSFX
Power
Sri Lanka Doubles Wind Power Capacity With Three New Farms
Bloomberg
Sri Lanka has doubled its wind power generation capacity with the addition of three new parks, according to the Power and Energy Ministry.
http://jlne.ws/OpBJ3b
Munich Re Buys British Onshore Wind Farms in Renewable Push
Bloomberg
Munich Re bought three British wind farms with a combined capacity of 102 megawatts, pushing the German reinsurer’s renewable energy investments past 600 million euros ($737 million) since last year.
http://jlne.ws/MZ9mD3
Toshiba in Talks on Westinghouse Stake
The Wall Street Journal
Toshiba Corp. 6588.TO +1.26% said Tuesday that it is in talks with multiple parties to sell some of its 67% stake in Westinghouse Electric Co., but the Japanese technology conglomerate will keep a majority stake in the U.S. nuclear power subsidiary.
http://jlne.ws/OfvR9H
E.ON Plans Cost Cuts, Plant Closures
The Wall Street Journal
E.ON EOAN.XE -0.90% Monday said it plans to respond to persistently muted European energy demand by slashing costs and considering more power-plant closures.
http://jlne.ws/RbKCyW
Siemens touts plan to provide a third of Welsh homes with offshore wind power
Business Green
Later this afternoon, a barge carrying a giant 1,500 tonne offshore substation will set sail from Belfast with the goal of deploying one of the most important components of RWE and Siemens’ giant 576MW Gwynt y Môr off the coast of North Wales.
http://jlne.ws/OVK7Da
RECs
Creditors line up as recycled CER seller goes bust
Reuters Point Carbon
Total Global Steel has been forced into liquidation by creditors after a UK court ruled in May that the London-based trading house must pay Deutsche Bank 4.2 million euros ($5.1 million) in damages for selling the German bank recycled carbon credits.
http://jlne.ws/QwIzyY
Reports
Advancing Technology for America’s Transportation Future (Posted August 6, 2012)
http://jlne.ws/MA2U6I
Benchmarking Air Emissions Of the 100 Largest Electric Power Producers in the United States (Posted July 31, 2012)
http://jlne.ws/QbRr0J
Per capita CO2 emissions in China reached European level (July 18, 2012)
http://jlne.ws/NAjBQQ
The Interim Regulation of Voluntary Greenhouse Gases Emission Trading in China (Posted July 10, 2012)
The Climate Group
http://jlne.ws/Mhv62s
Measure for Management: C40 Cities (July 9, 2012)
Carbon Disclosure Project
http://jlne.ws/L9LC37
