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newsclips -- Newsclips for November 20, 2012

Posted: 20 Nov 2012 12:00:42
ARB Newsclips for November 20, 2012. 

This is a service of the California Air Resources Board’s Office
of Communications.  You may need to sign in or register with
individual websites to view some of the following news articles.


California sells out of first pollution permits.  California sold
out of the first pollution permits issued as part of a landmark
offensive against greenhouse gases at an inaugural auction that
regulators said Monday went smoothly.  The effort to curtail
carbon emissions involved the sale of 23.1 million permits _ each
allowing for the release of one ton of carbon _ for $10.09
apiece, the California Air Resources Board said.  The permit
sales last week opened the largest carbon marketplace in the
nation and the second-biggest in the world after the European
Union. The California air board will hold four such auctions a
year.  Posted. 

Other related articles:



California carbon market launches, permits priced below
expectations.  California's largest greenhouse gas emitting
businesses paid $10.09 per metric tonne (1.1 ton) for the right
to release carbon, raising almost $300 million for the
cash-strapped state and its energy companies in its first-ever
carbon permit auction.  The permit price was below market
expectations despite strong demand from utility companies,
manufacturers and oil refineries participating in the auction,
market sources said.  Ahead of the California Air Resources Board
announcement on Monday, traders, brokers and analysts had
predicted a clearing price in the range of $11.75 to $12.50 a
tonne.  Posted. 

California Carbon Allowances Sold Out at $10.09 in Auction. 
Carbon allowances for the start ofCalifornia’s program to curb
greenhouse-gas emissions, the largest U.S. system of the kind,
sold out last week at $10.09 a metric ton, lower than the range
analysts forecast.  The state Air Resources Board sold all 23.1
million carbon permits offered at a Nov. 14 auction for the first
compliance period of the program starting Jan. 1, the agency’s
website showed today. The permits, each of which allows the
release of one metric ton of carbon, were estimated to clear
between $12 and $15 a ton in the first auction, according to
Bloomberg New Energy Finance.  Posted. 

California's first carbon-credit auction raises $290 million. In
California's first auction of greenhouse gas pollution credits,
companies paid just a few cents more than the minimum price per
ton of carbon, generating almost $290 million from the sale held
last week. The state Air Resources Board announced Monday that it
sold all 23.1 million allowances available for 2013 at $10.09
each, generating $233.3 million. The minimum price was $10.
Additionally, the state sold only 14% of almost 40 million
credits available for 2015. That generated an additional $55.8
million. Posted.

California's first cap-and-trade auction sells out, declared 'a
success'.  State regulators on Monday celebrated the results of
last week's first-ever auction of California greenhouse gas
emission permits, declaring the long-awaited kickoff to the
nation's first effort to put a price on carbon pollution a
success.  The state did not disclose how many companies
participated in the historic auction. But there were three times
as many bidders than buyers, a sign that the business community
is taking the new carbon market seriously. A ton of carbon sold
for $10.09 at the auction, just slightly above the $10 floor
price established by regulators, according to data released by
the California Air Resources Board.  Posted. 


Was state's climate change auction a success? California
businesses snapped up — at bargain prices — the entire first wave
of permits for releasing greenhouse gases linked to climate
change. But how the auction’s results ultimately affect consumer
prices on an array of products and services remains fiercely
contested. The permits, sold at an auction last week, are part of
the state’s goal to lower greenhouse gas emissions to 1990 levels
by 2020. Companies will need to comply by taking measures such as
buying new equipment, updating their fleets of vehicles and
adopting new technologies. Posted.

California's first cap-and-trade auction a sellout. The
merchandise sold about as cheaply as possible, yet the auctioneer
couldn't have been more pleased. California's oil refiners and
other big industrial polluters paid just $10.09 a ton for the
right to emit greenhouse gases in the state's first-ever carbon
auction, state officials said Monday.
The price was just pennies above the $10 minimum set by the
California Air Resources Board. But board chair Mary Nichols said
the auction, which kicked off California's "cap-and-trade" carbon
market, was an unqualified success. Posted.

Cap and trade auction a success, say California officials. 
California's first ever auction of greenhouse gas credits
produced a lot of action, but a relatively low price for the
right to emit a metric ton of carbon emissions.  Which is why
Mary Nichols, chair of the state Air Resources Board, calls last
week's auction a success.  "There's evidence the market was very
competitive," Nichols told reporters in a conference call Monday
afternoon.  Officials waited until Monday to release data about
just who was buying the carbon credits in last week's private
auction, and which companies and investors had signed up for a
chance to bid.  Posted. 

Cap-and-trade auction a success: California regulators. 
California state regulators announced Monday the success of an
auction of greenhouse gas emissions.  All of the pollution
permits available for 2013 were sold at last week's auction. 
Permits were sold, each one allowing for one ton of carbon. There
were 23.1 million permits sold, according to the California Air
Resources Board. The permits sold for $10.09 at the auction,
which began on Wednesday.  The permit sales last week opened the
largest carbon marketplace in the nation and the second-biggest
in the world after the European Union. The California air board
will hold four such auctions a year.  Posted. 

California officials release results of first cap-and-trade
auction.  California businesses subjected to the nation's only
cap-and-trade policy were able to buy emissions credits at
pennies above the minimum price when the state held its inaugural
auction for emissions allowances last week.  The auction, held
Wednesday, ended with affected industries purchasing greenhouse
gas emissions allowances at a price of $10.09.  That amount is
nine cents above the minimum price set before the California Air
Resources Board held the auction. The board sold more than 23.1
million emissions allowances - worth more than $252 million in
sum - via the auction.  Posted. 

CARB releases summary of results of first CO2 cap-and trade
auction; CPUC proposes how to use the revenues.  CARB releases
summary of results of first CO2 cap-and trade auction; CPUC
proposes how to use the revenues.  The California Air Resources
Board (ARB) released the results of California’s first quarterly
auction under the cap-and-trade program. One allowance permits
the release of one metric ton of carbon dioxide. Of the
23,126,110 allowances offered for the Current Auction (2013
Vintage), 23,126,110 were sold with a settlement price of $10.09
(auction reserve price was $10.00). The “Vintage” is the year
they can first be used for compliance. Of 39,450,000 allowances
for the Advance Auction (2015 Vintage), 5,576,000 were sold with
a settlement price of $10 (same reserve price).  The settlement
price is the lowest accepted bid price above reserve price or
before allowances are sold out. For the 2013 Vintage, the maximum
price was $91.13; mean price was $13.75; and median price was
$12.96.  Posted. 

Cap and trade program gets passing grade. The first auction held
under California's ground-breaking carbon cap and trade program
was declared a "success" Monday by state officials. Several
businesses with San Joaquin County connections registered to
participate in last Wednesday's auction, but the state Air
Resources Board released no specifics about whether those
businesses actually submitted bids or, if they did, what their
price was. Posted.


State: LA must do more to stem dust from dry lake.  State
regulators ordered Los Angeles to expand efforts to control dust
storms from Owens Lake, which went dry after the growing
metropolis began siphoning water from it a century ago.  The
California Air Resources Board on Monday ruled that the city must
obey last year's order by a regional air pollution agency to
expand its efforts to cover nearly 3 more square miles of the
lake.  The ruling is a blow to the city's powerful Department of
Water and Power, which in 1913 began diverting water from the
Eastern Sierras away from the shallow lake 200 miles north of
town.  Posted. 


Secondhand smoke inside airports puts air travelers and employees
at risk. Average air pollution levels from secondhand smoke
directly outside designated smoking areas in airports are five
times higher than levels in smoke-free airports, according to a
study by the Centers for Disease Control and Prevention.  The
study conducted in five large hub U.S. airports also showed that
air pollution levels inside designated smoking areas were 23
times higher than levels in smoke-free airports. Posted.


UN says greenhouse gases at record high in 2011.  The U.N.
weather agency says concentrations of the main global warming
pollutant in the world's air reached a record high in 2011.  The
World Meteorological Organization says the planet averaged 390
parts per million of heat-trapping carbon dioxide in the
atmosphere, up 40 percent from before the Industrial Age when
levels were about 275 parts per million.  WMO officials said
Tuesday there was a 30 percent increase in the warming effect on
the global climate between 1990 and 2011, mainly due to carbon
dioxide from fossil fuel burning.  Posted. 

Other related articles:






CARB Posts Guidance for Electric Standby, Hybrid Electric
Reefers.  The California Air Resources Board has posted
Regulatory Guidance for Electric Standby and Hybrid Electric
Systems for Transport Refrigeration Units.  This guidance
document explains requirements for the use of electric standby
and hybrid electric systems as an option for compliance with
California's TRU regulations' in-use performance standards. A
TRU's compliance can be maintained beyond seven years if an
electric standby or hybrid electric system is integrated into the
equipment and used within the guidelines for an Alternative
Technology.  Also provided are specifications for businesses
interested in providing electronic-tracking systems to affected
TRU owners.  Posted. 


L.A. Auto Show preview: Audi confirms four new diesel models.
Four rings, four diesels. It's an easy way to remember what Audi
has planned for next week's Los Angeles Auto Show. The company
announced Monday that it will be unveiling a quartet of
fuel-efficient oil-burners at the L.A. Auto Show that are not yet
available in the U.S.
The models getting TDI diesel variants are the A6, A7, A8, and
Q5. All four will share a 3-liter turbocharged V-6. Posted.

Nissan upgrades Leaf electric car, lowers price. The upgraded
Nissan Motor Co. Leaf electric car can travel further without
recharging, comes in a cheaper model and tells drivers how much
battery life is left. The changes in the revamped model, shown
Tuesday at a Tokyo hotel, were based on feedback from owners
whose chief worry was running out of electric juice while
driving, Nissan officials said. Electric cars emit no pollution,
but they need to be recharged. Owners have charging equipment
installed at home. But the scarcity of recharging stations on the
roads has limited electric vehicles use to short commutes and
kept zero-emission cars confined to a market niche. Posted.


GE buys 2,000 Ford plug-in hybrids for fleet. GE is buying 2,000
plug-in hybrid cars from Ford for its corporate fleet. Ford and
GE announced the purchase Tuesday. GE has set a goal of
converting half its fleet to alternative energy vehicles. With
the Ford purchase, GE now has 5,000 alternative-fuel vehicles, or
about 10 percent of its fleet. Ford will promote GE's electric
vehicle charging stations as part of the agreement. Posted. 


Judge rejects request to delay high-speed rail.  A Sacramento
County judge has ruled to reject a request by farming interests
for a delay to California’s high-speed rail project, according to
the U.S. High Speed Rail Association.  An injunction could have
prevented the California High-Speed Rail Authority, which is
overseeing the project, from buying land and continuing to survey
and do other work on the project’s start.  gricultural interests
had sought to temporarily halt the project until a lawsuit can be
decided. Lawsuits brought by groups representing Central Valley
farmers claim the authority has not conducted adequate
environmental reviews as required under state law.  Posted. 


Solar Companies Seek Ways to Build an Oasis of Electricity. When
Hurricane Sandy wiped out the power in areas like coastal Long
Island and the Jersey Shore, what should have been beacons of
hope — hundreds of solar panels glinting from residential
rooftops — became symbols of frustration. Despite the popular
perception that installing solar panels takes a home “off the
grid,” most of those systems are actually part of it, sending
excess power to the utility grid during the day and pulling
electricity back to run the house at night. Posted.


RIVERSIDE COUNTY: Quarry-saga win. The sale of a site proposed
for an open-pit mine offers a welcome end to a contentious,
long-running dispute. The resolution of the battle stops the
costly legal wrangling over the issue, and frees the public to
focus on other pressing issues. The project’s developer should
look for a more suitable location for mining construction
materials. And Riverside County should learn from its awkward
handling of the quarry’s approval process. Posted.

Mark Landsbaum: California plunges ahead with cap and trade. 
Have you considered that all the fuss about global warming never
has been about the globe getting warmer? Have you considered that
global warming always has been about control and money? Their
control and your money.  Control and money are the dogma of the
movement that worships at the climate-change altar with a cultish
obsession. The same congregation once called their belief "global
cooling." That was in the 1970s, when Newsweek and Time cover
stories prophesized a frigid Armageddon coming our way in a big
hurry. How'd that work out?  Posted. 

Our View: Help clear the air; check before burn.  According to
the calendar, fall begins in late September, but we all know that
November tends to mark the true start of fall in the San Joaquin
Valley.  It's also the start of a four-month "check before you
burn" season in the valley, when the valley air district
restricts use of wood-burning fireplaces and stoves because air
quality is poor due to high counts of small particulates. In the
first 19 days of this month, Merced and Madera counties haven't
had a no-burn day. Stanislaus County has had three and San
Joaquin County had only one.  The fireplace restrictions have
been around for many years, but every year, some residents gripe
about them.  Posted. 


Mapping Gas Leaks from Aging Urban Pipes. Most concerns about
environmental impacts and other risks from leaking natural gas
have focused on the fast-expanding production end of America’s
vast system of wells, compressors and pipelines. But the urban
maze of (often ancient) pipes that carries gas to furnaces and
stoves has long been known to be leaking, as well. Posted.

Methane Is Popping Up All Over Boston. Natural gas has been
hailed by some as a crucial bridge fuel to a cleaner energy
future. But how much cleaner is burning natural gas than burning
oil or coal? Concerns over water contamination from fracking for
natural gas aside, some argue that the much-advertised climate
advantage of natural gas may be all but offset by the steady
release of methane during its long journey from the well to the
65 million American households that depend on it. Molecule per
molecule, methane has more than 20 times the global warming
potential of carbon dioxide. Posted.

Activists Use Webcast to Try to Ignite Climate Change Passions.
In a blog entry this summer, the international correspondent
Christiane Amanpour said that the climate change denial club “is
actually now shrinking faster than the polar ice caps.” Opinion
surveys suggest she’s right. Two factors that may contribute to
the changing attitude about the changing climate — and the
melting away of many skeptics — are the extreme weather events
that have affected the United States recently and the legions of
climate activists who make it their business to convince and
motivate an increasingly receptive public. Posted.

On Our Radar: Cuba’s Oil Hunt. Cuba’s third attempt to drill a
deepwater oil well has ended without success. Underlining the
dimensions of the country’s energy challenge, the $750 million
oil rig that spent much of this year plumbing the Straits of
Florida and Gulf of Mexico was the only deepwater platform in the
world that can drill in Cuban waters without running afoul of
American sanctions. Posted.

World's Largest Investors Call For Climate Change Action.  A
coalition of the world's largest investors called on governments
on Tuesday to ramp up action on climate change and boost
clean-energy investment or risk trillions of dollars in
investments and disruption to economies.  In an open letter, the
alliance of institutional investors, responsible for managing
$22.5 trillion in assets, said rapidly growing greenhouse gas
emissions and more extreme weather were increasing investment
risks globally.  The group called for dialogue between investors
and governments to overhaul climate and energy policies.  Posted.

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