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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Among the financing provisions of the legislation are: Price on carbon.

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Nations agree on global, legally binding treaty on mercury emissions: Minamata Convention on Mercury

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At the conclusion of the International Negotiating Committee on Mercury ( INC5 ) meeting in Geneva ( earlier post ), nations agreed on a global, legally-binding treaty to prevent mercury emissions and releases. Delegates agreed to a phase-down of the use of dental fillings using mercury amalgam. Artisanal and Small-Scale Gold Mining.

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Chinas Golden Concord Holdings and Linc Energy form underground coal gasification to GTL JV in China; 5% stake in Linc

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Linc Energy will grant an exclusive licence to the joint venture for the use of its UCG and GTL intellectual property in China. of Linc Energy's issued stock at an issue price of approximately A$4.50 Earlier post.). Linc Energy will have minimal balance sheet exposure while maintaining ownership of 33% of the commercial projects.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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In addition, President Obama issued a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of advanced lower-emission coal technologies. per gallon. Biomass Crop Assistance Program.

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Perspective: The Role of Offsets in Climate Change Legislation

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Another concern is whether the inclusion of offsets would send the appropriate price signal to encourage the development of long-term mitigation technologies. coal-fired power plants) would either be required by the emissions cap. Methane (CH 4 ) emissions from landfills, livestock operations, or coal mines (GWP = 25).

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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

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The draft promotes development of carbon capture and sequestration (CCS) technologies to establish a continuing place for coal in the US energy mix. The draft includes a CCS early demonstration program, incentives for the wide-scale commercial deployment of CCS, and performance standards for new coal-fired power plants.

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Perspective: The UN Approval Process for Carbon Offsets

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One is to operate successfully as a market, with a steady supply of carbon offsets and varying prices to ensure that profits can be made. Field-to-Pump” disrupts the status quo by allowing advanced biofuel producers to be drivers of transportation fuel prices rather than merely price takers in the market. THE APPROVAL PROCESS.

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