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Friday, August 29, 2014

The Week Ahead: RGGI to Hold Allowance Auction, Keystone XL in Spotlight

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The Regional Greenhouse Gas Initiative will hold its 25th auction of carbon dioxide emissions allowances Sept. 3.

As covered in a June 6 Energy and Climate Report article, the previous auction resulted in a price of an allowance hitting a new high of $5.02.  

The results of the auction, which was held two days after the Environmental Protection Agency proposed rules to limit carbon dioxide emissions from existing power plants, were highly anticipated because RGGI is considered as a possible model for state compliance with the federal rules.  

A total of $90.6 million was raised from the auction by the nine RGGI states:  Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont.  

Oral Argument for Keystone XL on Agenda  

The Nebraska Supreme Court is expected to hear oral argument Sept. 5 in a lawsuit by three landowners who are challenging the routing of the proposed Keystone XL oil sands pipeline.  

As covered in a June 27 article, the landowners argue that a new state statute that established the process for selecting the pipeline route through Nebraska is unconstitutional and that a district court ruling invalidating the statute should be upheld.  

The Nebraska lawsuit has caused a further delay in the pipeline’s sponsor—TransCanada Corp.’s—quest for a presidential permit.  

DOE to Hold Webinar  

The Energy Department will hold a webinar Sept. 2 on "Building Re-tuning for Energy Efficiency." The webinar will identify operational problems in large and small commercial building that lead to wasted energy.  

Other Climate, Energy Events  

The Center for Strategic and International Studies will hold an event Sept. 4 in Washington on "Electricity in Transition—Technologies, Markets & Regulation." Cheryl LaFleur, Chairman of the Federal Energy Regulatory Commission, is among the key speakers.  

The United States Energy Association will hold a briefing Sept. 4 in Washington on "The Status and Challenges in CO2 Geological Storage." Stefan Bachu, a scientist at Alberta Innovates–Technology Futures, is the featured speaker.  

The 2014 World Water Week on Energy and Water will be held Aug. 31-Sept. 5 in Stockholm. The forum, organized by the Stockholm International Water Institute (SIWI), will focus on managing growing demands for energy with scarce water resources.  

As covered in an Aug. 28 article, during the forum, the U.S. Water Partnership plans to launch on Sept. 2 a web-based portal that will provide policymakers around the globe with data, maps and links to vital water resources. The website will include links to information ranging from sanitation and hygiene programs to recommendations on preparing for and reacting to drought, floods and other climate-related events, the partnership said. 

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