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United, American, Other Airlines Drop EU Carbon Trading Lawsuit, Urge U.S. to Act

American Airlines, United Continental and association Airlines for America have dropped their lawsuit challenging U.S. airlines’ inclusion in the European Union’s Emissions Trading Scheme, Reuters reports. Airlines for America, whose members include Delta, Southwest, US Airways, FedEx and UPS, as well as industry partners Airbus, Boeing, Honeywell and Pratt & ... Read more »

Policy & Enforcement Briefing: State of the Union, ETS Waivers, Tidal Permit, Cal ISO Plan

Manufacturers should get incentives to make energy-efficiency improvements to their plants, President Obama said in last night’s State of the Union address. He called on Congress to draft a bill creating such incentives, which he said would save companies $100 billion over a decade. In the speech, Obama also said he ... Read more »

EU Aviation Directive Challenge Quashed

United/Continental Airlines and American Airlines have failed in an attempt to block a European Union law charging airlines flying to the continent for their carbon pollution. The airlines and their trade association, Air Transport Association of America – now known as Airlines for America – had challenged the legality of ... Read more »

Policy & Enforcement Briefing: Solar Loan Guarantees, Keystone XL Delays, Merck Penalty

The Energy Department has finalized more than $1 billion in loan guarantees for two large-scale solar projects, just before the Sept. 30 deadline expires for the government’s controversial renewable-energy incentive program, The New York Times reported.  Deals were completed to give $737 million in financing for a 110-megawatt solar thermal plant ... Read more »

EU ETS to Cost Airlines $1.5bn in 2012; BA Hit Hardest

The cost for airlines of joining the European Union’s Emissions Trading Scheme in 2012 will be approximately €1.1 billion ($1.5 billion) using a carbon price of €12 per ton, or a total of €10.4 billion between now and the end of 2020, according to analysis by Thomson Reuters Point Carbon. ... Read more »

Deutsche Lowers EU Carbon Price Forecast

Deutsche Bank has downgraded its year-end forecast for the price of carbon in Europe’s emission trading program. The bank has lowered its year-end 2011 forecast to €12/t from €17/t, as it expects the market will take some time to recover from volatility resulting from concerns about Europe’s sovereign debt. Deutsche ... Read more »

Cheese Waste Turned into Plastic

Researchers in Catalonia, Spain, have invented a process that turns cheese waste into recyclable plastic food packaging. This new plastic is made using whey protein – a by-product formed in the production of cheese – and is biodegradable. About seven percent of whey is protein-rich dry matter that can be ... Read more »

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