News, Trends & Analysis
Posts tagged CO2
University Receives $19 Million To Monitor Carbon Storage Project
Jul 8th
June 28, 2010
AUSTIN, Texas—The University of Texas at Austin will receive up to $19 million from the U.S. Department of Energy and NRG Energy to design and oversee a monitoring plan for a carbon capture and storage demonstration project in southeast Texas.
The project will demonstrate advanced technology to reduce emissions of the greenhouse gas carbon dioxide (CO2) from a coal-fired power plant.
This project will be among the first in the state of Texas, and one of only a handful in the world, to use anthropogenic CO2 as opposed to naturally occurring CO2 for enhanced oil recovery (EOR). EOR is a technique that More >
PRESENTATION AVAILABLE: After Copenhagen: The Tactics and the Treaty
Feb 2nd
Many thanks to everyone who registered for last week’s live interactive web event, After Copenhagen – the Tactics and the Treaty, in which Michael Grubb, David Satterthwaite and Richard Smith provided incisive analyses of the outcomes of COP15 from three distinct perspectives. If you were unable to join us, the recording is now available here. You will find the slides and the rest of the Earthcast archive on our website.
ARCHIVED EVENT NOW AVAILABLE After Copenhagen: The Tactics and the Treaty Broadcast Wednesday, 27 January 2010 17:00 (GMT), 12:00 (EST), 9:00 (PST) > What is the nature of the COP15 agreement? > What were the negotiating tactics More >
Survey: 56% of CDP Members May Cut Out Suppliers Who Don’t Manage Carbon
Feb 1st
February 1, 2010
More than half (56 percent) of Carbon Disclosure Project members surveyed said that in the future they would cease doing business with suppliers that do not manage their carbon, according to the “Supply Chain Report 2010” (PDF) from theCarbon Disclosure Project.
Surveyed member companies included firms like PepsiCo, Dell, Google, IBM, Kellogg, HP and Unilever.
To assemble the report, 44 CDP member firms reached out to 1,402 of their suppliers. About 51 percent of suppliers responded to the survey, 7 percent declined to participate and another 42 percent did not respond.
The survey found that 38 percent of supply chain respondents More >
White House Budget Suggests Abandonment of Cap and Trade
Feb 1st
February 1, 2010
The fact that the White House is not including projected revenues from cap and trade suggests that the Obama Administration is acquiescing to the notion that Congress may not pass such legislation, observers say.
Last year the Obama Administration projected that cap and trade would provide $646 billion in revenues from 2012-2019, but those numbers do not appear in the new budget, reportsReuters.
Instead, the White House budget includes a “placeholder” for revenues from cap and trade, provided that Congress passes it, reports the New York Times. The placeholder status assumes that no cap and trade revenues will be coming into the Treasury.
The More >
Bill Gates Sinks $4.5M into ‘Transparent’ Climate Change Research
Feb 1st
February 1, 2010
Bill Gates is investing at least $4.5 million of his own money into geoengineering research, aimed at combating global climate change, with an emphasis on transparency, reports Wired. At the same time, in light of the hacked climate e-mails, a former Commander of the Pacific fleet is asking President Obama Administration to establish an independent panel to evaluate the link between climate change and security.
Administered by two high-level scientists at the forefront of geoengineering research, climate scientist Ken Caldeira, of Stanford’s Carnegie Department of Global Ecology, and physicist David Keith of the University of Calgary will decide which technologies More >
VIDEO: The Facts of Cap-and-Trade
Jan 27th
Climate expert Nat Keohane uncovers the real facts behind clean energy legislation in our short video: “The Facts of Cap-and-Trade.” With some help from a team of animators, Nat explains why a cap on global warming pollution is the best option to create a better future for America.
The Facts of Cap-and-Trade on Vimeo on Vimeo
Video: @WFES2010 Citigroup’s Edward Says More Clarity Needed on CO2 Rules
Jan 18th
Jan. 18 (Bloomberg) — Garth Edward, director of environmental products at Citigroup Inc., talks with Bloomberg’s Rishaad Salamat about the World Future Energy Summit in Abu Dhabi and investment in renewable sources.
YouTube - Citigroup’s Edward Says More Clarity Needed on CO2 Rules.
Senator: Cap and Trade a No-Go in 2010
Jan 6th
January 6, 2010
Senator: Cap and Trade a No-Go in 2010
As went the Copenhagen climate talks, so goes U.S. cap-and-trade legislation. Or so it would seem from the comments of Sen. Jeff Bingaman, D-N.M., chairman of the Senate Energy and Natural Resources Committee.
Bingaman on Jan. 5 said that without consensus on the final form of a cap-and-trade system, he sees little chance of Congress passing legislation this year, according to ABCNews, via AP.
Still, he said that both the House and the Senate are likely to pass some sort of energy related bills that would include curbs on pollution, especially as legislators More >
First Carbon Tariff Will Tax CO2 at the Border
Jan 1st
Written by Susan Kraemer
Published on January 1st, 2010
The first carbon tax to reduce the greenhouse gases from imports comes not between two nations, but between two states. Minnesota has passed a measure to stop carbon at its border with North Dakota.
To encourage the switch to clean renewable energy Minnesota plans to add a carbon fee of between $4 and $34 per ton of carbon dioxide emissions to the cost of coal-fired electricity, to begin in 2012, to discourage the use of coal power; the greatest source of greenhouse gas emissions.
State officials in North Dakota are mounting a legal battle against Minnesota. More >
Most pragmatic approach to reducing CO2: ‘Cap and Trade’ or ‘Fee and Dividend’?
Dec 25th
What is the most pragmatic policy approach to reducing CO2 emmissions?
Earlier this month (Dec. 7, 2009), two Op-Ed columns appeared in the New York Times–one, by Nobel-winning economist Paul Krugman, supporting ‘cap and trade’ strategies for reducing carbon emissions, and the other, authored by NASA’s James Hansen (head of the Goddard Space Flight Center) advocating a new approach that he calls ‘fee and dividend’. So, which is the most effective policy to pursue and implement?
The following is a break down of the two More >

