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Policy & Enforcement Briefing: Carbon Standards, Pipeline Closure, Dyno Nobel Penalty

The EPA has rescheduled two delayed listening sessions on its forthcoming carbon standards for existing power plants. The Boston session has been rescheduled for November 4, and the Philadelphia session has been pushed back to November 8. Both were postponed because of the government shutdown. The other nine dates are … Read more »

Oktoberfest

German Beer Industry ‘Threatened by Fracking’

Anheuser-Busch InBev and other German brewers want Chancellor Angela Merkel’s government to block any laws that would allow hydraulic fracturing, which, they say could contaminate water used to make beer and hurt the country’s brewing industry. The Association of German Breweries, which represents Anheuser-Busch InBev, Bitburger Braugruppe and other companies … Read more »

World Bank Urges CO2 Price

World Bank President Jim Yong Kim has urged the world’s environmental ministers to combat climate change by implementing a five-point plan that includes putting a price on carbon dioxide emissions, improving agricultural practices and ending fossil fuel subsidies. Kim urged more countries to roll out price mechanisms either through a … Read more »

European Union

EU Carbon Prices Post Biggest Weekly Gain

European carbon prices surged to their biggest-ever weekly gain on Friday after German Chancellor Angela Merkel said the EU should take action on a plan to postpone the supply of permits. The December futures contract advanced 22 percent since April 26, closing at €3.78 ($4.98) a metric ton on London’s … Read more »