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Policy & Enforcement Briefing: AZ Solar Ruling, GMO Veto Override, China’s ‘Red Lines’

The Arizona Corporation Commission has agreed, 3-2, to preserve the state’s net metering system for distributed solar power but to levy a 70 cents per kW charge to help compensate utilities. That is between one-eight and one-tenth of the charge the utilities had sought. Regulators also told the utilities to ... Read more »

Policy & Enforcement Briefing: Bonn Climate Talks, Water Act, Dam Protest

Delegates from 160 nations agreed in Bonn that a successor to the Kyoto Protocol should allow emissions targets to be tightened without further negotiations, if researchers find that floods, droughts and sea levels are worsening, Reuters reported. But a deep divide remains between China, which says developed nations should collectively ... Read more »

Policy & Enforcement Briefing: EPA Bee Report, Post-Sandy Aid, Energy Contracts Urged

Senate Energy and Natural Resources Committee chairman Ron Wyden (D-OR, pictured) has urged President Obama’s administration to contract for the remaining $1.5 billion in energy savings performance contracts (ESPCs) by the end of 2013. Obama committed the federal government in December 2011 to spend $2 billion on energy upgrades via ESPCs, as part of the ... Read more »

Policy & Enforcement Briefing: BLM Opposes Shale Dev, US Carbon Tax, Calif. ETS, Australia Backs Kyoto

The Interior Department issued a final plan to close 1.6 million acres of federal land in the west originally slated for oil shale development. The BLM cited environmental concerns for the proposed changes, which are open for a 30-day protest period and a 60-day process before implementation, The Hill said. ... Read more »

UN Emission Credits ‘May Drop to Almost Zero’

Orbeo has said prices for United Nations emission credits may drop to almost zero this year, Bloomberg News reports. Orbeo, a carbon-trading company owned by Solvay Energy Services, also predicts a possible rebound after 2015. Investors are dumping the UN greenhouse-gas credits known as Certified Emission Reductions, Orbeo senior manager ... Read more »

GlobalData Forecasts Increasingly Volatile Carbon Market

The price of carbon credits traded in regional and national emissions markets worldwide will become increasingly volatile and difficult to accurately forecast through 2015, according to a report by GlobalData. GlobalData said the prolonged European sovereign debt crisis, a glut of carbon credits and uncertainties under the Kyoto Protocol are ... Read more »

Policy & Enforcement: EU 2020 Targets, Japan Nuclear Safety, Light-Duty Vehicle Emissions

A European Commission analysis said that raising the EU’s 2020 emission reduction target to 30 percent may be less costly than previously reported. The cost of going to 30 percent, previously estimated at about $42 billion, is likely lower due to the economic downturn and resulting lower emissions, and costs ... Read more »

‘Prepare for Low-Carbon Economy This Year,’ Ex-UN Climate Chief Says

Results from the Durban climate talks show that businesses should start preparing in 2012 for a low-carbon economy, according to the former executive secretary of the U.N. Framework Convention on Climate Change. Yvo de Boer told the Guardian that Durban sent a strong message to business that the world’s governments ... Read more »

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