In this edition, more signs of global carbon market sync up after yesterday’s news from Australia: California on track to link CO2 scheme with Quebec in 2013 and EU Says Surplus CO2 Permits Cancellation May Be Long-Term Option. From the campaign trail, several stories, including: The Wall Street Journal’s Look for Duel on Energy in Debates.
Quote of the Day:
“No comments I have heard after Durban surprise me or concern me. I am actually very grateful that the countries are taking the Durban text very seriously.”
–UNFCCC Executive Secretary Christiana Figueres, in Reuters’ “U.N. climate chief urges greater ambition in Doha”
California on track to link CO2 scheme with Quebec in 2013
Reuters Point Carbon
California is on track to link its forthcoming emissions trading scheme to Quebec’s in 2013, pushing the state one step closer to its goal of connecting to a wider carbon market, the state’s chief air regulator said on Monday.
**RKB – From the article: The addition of Quebec would increase the size of the overall market by 20 percent, increasing liquidity and giving California businesses more opportunities to reduce emissions.
California governor signs cap-and-trade revenue bills
Reuters Point Carbon
California Governor Jerry Brown has signed two bills related to the use of revenue raised through the sale of carbon allowances, although details of how the money will be spent won’t be determined until next year.
Changing Calif. climate a threat to crops
San Francisco Chronicle
Farmers have always been gamblers, long accustomed to betting on the probabilities of the weather. But for the Napa Valley, where temperatures have been ideal for the wine industry, shifts in the Earth’s climate could be a game-changer.
EU Says Surplus CO2 Permits Cancellation May Be Long-Term Option
A permanent cancellation of surplus carbon permits in the European Union’s emissions market may be a long-term option for to improve the program, said Jos Delbeke, director general for climate at the European Commission.
U.N. climate chief urges greater ambition in Doha
Reuters Point Carbon
The U.N. climate chief said Monday that countries have not backed off what they had agreed in climate talks in Durban last year but said current actions and pledges are not enough to avert a dangerous rise in global temperatures.
Energy rift on the campaign trail
Sacramento Bee/Tribune Washington Bureau
No matter who wins the 2012 election, the next president will take office as the United States faces vast new opportunities in energy production and profound challenges to environmental protection.
Three climate and energy debate questions for Mitt Romney and Barack Obama
In the 2008 presidential debates, moderators Tom Brokaw (second debate) and Bob Schieffer (third debate) asked presidential nominees Barack Obama and John McCain about climate change and reducing American dependence on oil. Both candidates vigorously supported reductions in carbon pollution, though the means to that end differed.
Local chambers of commerce ask Romney and Obama for clean energy support
The U.S. Chamber of Commerce is not a clean-energy-friendly organization. Ninety-four percent of its 2010 political contributions went to climate change deniers; it has fought for years to undercut the clean economy.
Look for Duel on Energy in Debates
The Wall Street Journal
During the 2008 campaign, Americans worried about dwindling oil supplies, rising demand and skyrocketing prices. Today, a revolution in domestic energy production has erased the supply worries, and energy-industry jobs are a bright spot in an otherwise-sluggish job market.
Sustainability Summit – Innovation Challenge
October 9, 2012
EMA 2012 Fall Meeting
**Keynote speaker is Richard Sandor
October 24 – October 26, 2012
Santa Monica, CA
Saudi Arabia Said to Order Airline to Reject EU Carbon Rules
Saudi Arabia ordered its national airline not to comply with European Union emissions-trading rules in protest against the bloc’s decision to include non-EU carriers in its carbon market, two people with knowledge of the matter said.
Drop in Emissions Not a Trend Set in Stone, Study Says
The New York Times
A report released today by Climate Central asks a provocative question: Can United States carbon emissions keep falling?
Poland to oblige PGNiG to sell 30 pct of its gas on exchange
Poland will oblige natural gas monopoly PGNiG to offer 30 percent of its sales on the country’s fledgling gas exchange to inspire the liberalisation of central and eastern Europe’s largest gas market, a ministry official said on Tuesday.
Mexico’s Pemex sees profits from shale gas on rising prices
Mexico’s massive shale gas deposits could be profitably extracted if North American natural gas prices continue rising toward $4 per million cubic feet, an official with state oil monopoly Pemex said on Monday.
Sumitomo to invest in massive U.S. solar project
Japan’s Sumitomo Corp on Tuesday said it would take a 25 percent stake in a 550-megawatt solar power project in California, giving the trading house a foothold in the growing U.S. solar industry.
Chinese-Owned Company Sues Obama Over Wind Farm Project
A Chinese-owned company sued President Barack Obama for barring its Oregon wind-farm project as a national security risk, claiming the order violates its constitutional rights.
Vestas Says Ex-CFO Involved in Unauthorized India Deals
Vestas Wind Systems A/S (VWS), the world’s largest wind-turbine company, said a former chief financial officer was involved in two unauthorized deals in India that may cost the company as much as 18 million euros ($23 million).
COLUMN-Connection costs overshadow offshore wind: Gerard Wynn
Never mind the cash needed to build wind turbines out at sea, new British data shows that merely connecting them to the grid costs more per megawatt than building new gas fired power plants.
CloudApps’ new mobile tool keeps users moving in a sustainable direction
Sustainability software firm CloudApps has today unveiled a mobile version of its Sustainability Momentum (SuMo) application that it says can help companies engage employees in cutting the costs of travel, energy, water and waste.
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