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Countdown to Copenhagen

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UN climate negotiations start next week and peak in early December at the widely anticipated Copenhagen Climate Change Conference. Sept 21-25: UN Climate Summit, NYC Sept 24-25: G20 Summit, Pittsburgh Sept 28 – Oct. 9: UN climate negotiations, Bangkok Nov 2-6: UN climate negotiations, Barcelona Dec 7-18: UN Climate Change Conference, Copenhagen Three in Favor, One Against Will the world finally come to a concrete accord this year that aggressively tackles climate change? We see three reasons why the answer will be YES, and one reason why it could still be NO. First, at last year’s Bali conference, industrial countries agreed to financially assist developing nations to reduce emissions and adapt to climate change. This helps eliminate the major sticking point in achieving a worldwide accord – the wedge between advanced and developing countries on who caused the problem and who should foot the bill to deal with it. Where China falls on the advanced vs developing scale isn’t clear yet and the price tag has yet to be worked out. An estimated €100 billion will be required – half from government and half from the private sector. The private sector stands to benefit both ways; government funds would largely […]

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Weekly Clean Energy Roundup: September 23, 2009

EPA Finalizes GHG Reporting Requirements for Large Emitters U.S. Treasury, DOE: $550M for Renewable Energy Projects DOT, EPA Propose Fuel Economy, GHG Reduction Policies DOE Loans $5.9B to Ford, $528.7M to Fisker for Efficient Vehicles, Plug-Ins DOT: Supports Clean Energy at 43 Transit Agencies DOE: $36M to PA. for Energy Efficiency Projects DOE: $144M for Smart Grid Training EPA Finalizes GHG Reporting Requirements for Large Emitters The U.S. EPA finalized its reporting system for large emitters of greenhouse gases on Tuesday. When the program takes effect on January 1, 2010, it will apply to roughly 10,000 facilities, covering about 85% of the nation’s greenhouse gas (GHG) emissions. Only the following facilities will be required to report annual GHG emissions: fossil fuel suppliers, industrial suppliers of greenhouse gases (such as bottled CO2), motor vehicle and engine manufacturers, and facilities that emit GHG equal to or greater than the equivalent of 25,000 metric tons of CO2. The new reporting system will provide a better understanding of where GHG are coming from and will guide development of policies and programs to reduce emissions. It will also allow businesses to track their emissions, compare them with similar facilities, and identify cost-effective ways to reduce […]

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