Today’s Climate: March 1, 2010

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Georgia Seeks $2.5 Billion for First Nuclear Plants in 30 Years (Bloomberg)

Georgia’s Municipal Electric Authority plans to borrow more than $2.5 billion this week to help finance its share of two nuclear reactors, which would be the first licensed in the U.S. since the Three Mile Island reactor accident in 1979.

Rudd Sees Greens Deal as Climate Solution (The Australian)

Australian Prime Minister Kevin Rudd has raised the prospect of a deal on climate change with the Greens, who want an interim carbon price to end the Senate deadlock over an emissions trading scheme.

Climate Negotiators Explore Ways to Advance Talks (AP)

Negotiators from about 30 countries and international organizations began exploring ways to advance talks to craft a new global climate treaty beyond 2012, during a two-day informal meeting in Tokyo that started on Monday.

Indonesia to Apply for UN Climate Change Top Position (Jakarta Post)

The Indonesian government has expressed interest in applying for the UN’s top climate change post to replace Yvo de Boer, claiming it has "the competence to fill the post."

Research Group: China Prepares for Arctic Melt (AP)

China is starting to prepare for the commercial and strategic opportunities arising as global warming melts the polar ice cover in the Arctic, an international peace research group said Monday.

Los Angeles Mayor Considers Carbon Surcharge for Power Customers (Los Angeles Times)

Los Angeles Mayor Antonio Villaraigosa is moving ahead with a plan requiring customers of the Department of Water and Power to pay a monthly "carbon surcharge" of $2.50 to help the utility fund more sources of renewable energy.

UN Meeting Moots WTO-Style Environment Agency (Reuters)

A World Environment Organization, similar to the World Trade Organization, could be formed as part of environmental governance reform, a meeting of environment ministers from 135 nations decided.

M&S Extends Eco-Plan After $76 Million Savings (Financial Times)

Marks and Spencer will today announce plans to extend its environmental commitments by eight more years, after a scheme launched in 2007 saved the British retailer $76 million last year.

Mitsubishi Electric Aims to Triple Solar Production (Bloomberg)

Mitsubishi Electric, the Japanese maker of consumer electronics and assembly-line machinery, plans to almost triple production of solar cells in two years to meet demand for renewable energy.

AGL Revives Major Wind Farm Plan After Policy Change (Reuters)

Australia’s largest energy retailer, AGL Energy, revived plans to build a major wind farm on Monday, after the government vowed to increase investment security in the sector.

Warm Winters Distress Reindeer Herders (AFP)

Warm winters in recent years have forced herders in the Russian Arctic to delay for months the rounding up of their reindeer from the vast tundra — at great economic cost.

Australia Farmers Fight Coal Mining Giants for Fertile Soil (Reuters)

Coal mining groups are on a collision course with Australia’s farmers in a battle for some of the country’s richest agricultural land, putting at risk its status as the one of world’s top producers of best-quality wheat.