In today’s edition: Reuters and other mainstream outlets report on “U.S. court strikes down EPA rule on coal pollution.” A major exchange rightly gets to toot its own horn, celebrating “NYSE Euronext : Marks Second Year as Only Carbon-Neutral Global Exchange Operator.”
Quote of the Day
“The role of the fund is extremely important. It has to show the world it is looking beyond the political bickerings of the UNFCCC. We need to build confidence in developed, developing countries and the private sector to show that the Fund is in good hands.”
Farrukh Khan, an alternate member of the board representing Pakistan in Reuters’ “U.N. fund could ease route to 2015 global climate deal”
U.S. court strikes down EPA rule on coal pollution
A U.S. appeals court on Tuesday overturned a key Obama administration rule to reduce harmful emissions from coal-burning power plants, sparking a rally in coal company shares and relief among utility firms.
Obama Curbs on Coal Pollution Rejected by U.S. Court
A federal court threw out a U.S. Environmental Protection Agency rule aimed at cutting pollution from coal-fired power plants, dealing a blow to the Obama administration’s efforts to curb harmful emissions.
The 21st Century Corporation: The Ceres Roadmap for Sustainability
It analyzes the drivers, risks and opportunities involved in making the shift to sustainability, and details strategies and results from companies who are taking on these challenges. The Ceres Roadmap is designed to provide a comprehensive platform for sustainable business strategy and for accelerating best practices and performance.
A Carbon Tax Would Harm U.S. Competitiveness and Low-Income Americans Without Helping the Environment
The Heritage Foundation
Supporters of a new carbon tax are using arguments aimed at conservatives (it can be revenue neutral) and liberals (it can help the environment) alike. But even if one concludes that carbon dioxide and other greenhouse gases are leading to increased temperatures—and there is robust debate and far from a public consensus on the magnitude of man-made warming, particularly among conservatives—a carbon tax would (1) do next to nothing to lower global temperature, (2) harm American manufacturing competitiveness, (3) create a new revenue stream based on behavior modification, and (4) harm low-income Americans. Energy supplies can be delivered and new supplies created through the private sector rather than through mandates, regulations, taxes, and subsidies ordered by government.
Could Australia sign up to Kyoto extension?
In a surprise move, hopes have been raised that Australia could become the first non-European industrialised country to sign up to an extension of the Kyoto Protocol, after the opposition coalition offered “in principle support” to the idea.
U.N. fund could ease route to 2015 global climate deal
Reuters Point Carbon
Board members of the U.N’s Green Climate Fund (GCF) must rise above politics when they meet for the first time later this week to help channel $100 billion a year towards the world’s poorest nations to fight the catastrophic effects of rising temperatures, and to act as a springboard to a global climate deal in 2015.
NYSE Euronext : Marks Second Year as Only Carbon-Neutral Global Exchange Operator
NYSE Euronext (NYX) announced today that it has achieved carbon-neutral status for the second year in a row, again making it the only global exchange operator to do so. NYSE Euronext earned the distinction through company-wide energy efficiency measures as well as the purchase of renewable energy credits (RECs) and carbon offsets (COs).
COLUMN-EU countries to reveal cost of renewable back-up: Gerard Wynn
The variability of renewable energy is raising additional issues for European governments as they grapple with carbon emissions targets and the growth of wind and solar power.
CF Partners expands fund into broader energy markets
Carbon and energy investment firm and adviser CF Partners has expanded its carbon fund, CF Carbon Fund II, to invest in oil, gas, power and coal markets, the London-based firm said on Monday.
3 Energy Issues No One’s Talking About
US News & World Report
If recent campaign events by both the Democratic and Republican presidential candidates are any indication, energy policy is going to be a major political chip in the race for the White House.
Japan’s IHI Buys Stakes in California Power Plants From Exelon
IHI Corp. a Japanese maker of heavy machinery, acquired as much as 50 percent stakes in five power plants in California from Exelon Corp. (EXC).
Philippines sets up climate change fund
Philippine President Benigno Aquino has signed a law creating a one billion peso (about $24 million) “survival fund” to combat the effects of climate change, a government official said Tuesday.
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
PM remains committed to ETS
PRIME Minister Julia Gillard admits she didn’t plan on introducing a carbon tax but she’s still committed to achieving an emissions trading scheme (ETS). Ms Gillard said she went to the 2010 election with an emissions trading scheme policy, and while she did not predict a carbon tax, she would still achieve her goal.
New carbon emissions rule could cost UC, CSU millions
Orange County Register
Large campuses in the University of California and California State University systems are bracing for the implementation of new state rules that will force them to cut carbon emissions or pay as much as $28 million a year to offset their greenhouse gases.
Shell plans at least $1 billion/year China shale gas investment
Royal Dutch Shell (RDSa.L) plans to spend at least $1 billion a year exploiting China‘s potentially vast resources of shale gas, the firm’s top China executive said, part of an aggressive strategy to expand in the world’s biggest energy market.
China, Singapore wealth funds invest $1 bln in US LNG export plant-source
The sovereign wealth funds of China and Singapore have invested a combined $1 billion in a U.S. plant that will export cheap liquefied natural gas (LNG) to Asia, a source said, becoming the latest Asian institutions to tap into the gas boom in the United States.
Coal scandal blackens India’s government
Angry opposition lawmakers have shouted and crowded aisles in India’s parliament to demand the prime minister resign after a national auditor’s report said the government lost huge sums of money by selling coal fields to private companies without competitive bidding.
Georgia latest state seeking to end US ethanol rule
Georgia, the center of U.S. poultry production, is adding its voice to a string of states asking Washington to help ease pressure on corn prices by suspending rules that send a large share of the crop to produce ethanol.
A Valuable View of Trends in New U.S. Electric Power Sources
The New York Times’ Dot Earth blog
This is a valuable long-view chart from the Energy Information Administration showing how natural gas plants and wind turbines have been the dominant sources of new electricity generation capacity in the United States in recent years. Click here for more background from the Energy Department. There’s plenty of additional discussion of “the gas age” on Dot Earth. I found this via a Climate Progress post focused on new capacity built in the first half of this year.
China’s Solar Panel Manufacturers Face Trade and Finance Hurdles
The New York Times
China’s solar panel manufacturers, who dominate global sales with a two-thirds market share, are confronting growing trade and financial problems, a Chinese industry official acknowledged Tuesday, shortly before one of the industry’s largest companies, Trina Solar, announced weak results for the second quarter.
Trina Rises After Announcing Project Development Plans
Trina Solar Ltd. (TSL), the world’s fourth-largest solar-panel maker, gained after the company said it will develop power projects to boost revenue following its fourth consecutive quarterly loss.
Arise Windpower Acquires Swedish Wind-Farm Venture From Bergvik
Arise Windpower AB (AWP), a Swedish developer of renewable-energy projects, acquired a wind-farm venture in the Nordic country from Bergvik Skog AB.
Opinion: Extend Wind-Power Tax Credit Now, So It Can Die Later
Since U.S. President Barack Obama brought it up, repeatedly, last week during his campaign swing through Iowa, wind power has emerged as one of the most clear- cut issues of the political season.
New Solar Panels Made with More Common Metals Could Be Cheaper and More Sustainable
ACS Press release
Atwater and Stevens described development and testing of new devices made with zinc phosphide and copper oxide that broke records for both electrical current and voltage achieved by existing so-called thin-film solar energy conversion devices made with zinc and copper. The advance adds to evidence that materials like zinc phosphide and copper oxide should be capable of achieving very high efficiencies, producing electricity at a cost approaching that of coal-fired power plants. That milestone could come within 20 years, Atwater said.
Inside FedEx’s emissions-slashing strategy
How did one of the world’s biggest air freight companies slash its aircraft emissions nearly 14 percent over the last seven years? By using a twist on the old environmentalist’s maxim of “reduce, reuse, recycle.”
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