CA Seek Business Opportunities in Quebec Carbon Market
A vote of confidence yesterday from California business leaders as California's carbon trading program prepares to expand.
"Smart business owners know that one of the best ways to expand opportunities and bring down costs is to align with a smart and capable partner. That is exactly what California is doing by linking its trading program with Quebec's program," said Susan Frank , Director of the California Business Alliance for a Green Economy. "A larger market both creates greater economic opportunities for California's products and services, and it gives companies under the cap more options for selling, buying or trading allowances."
On Friday, the California Air Resources Board is scheduled to consider updated regulatory language to formalize linking the state's carbon market with Quebec's starting in January of 2014, with the first official joint auction in February of 2014. The two are expected to host a practice auction later this fall.
"The Governor's Office has reviewed Quebec's program and found it to be secure and stringent, like California's," said John Wunderlin , North America lead for Climate Markets and Investment Association (CMIA). "A bigger market should lead to a stronger price signal, improved certainty for businesses making low-carbon investments, and a greater likelihood that other jurisdictions will soon follow suit." Wunderlin facilitates CMIA's North American Policy working group.
Earlier this month, Gov. Jerry Brown approved the plan to link with Quebec after carefully comparing to two systems. The Air Resources Board plans to thoroughly test and evaluate the linking infrastructure prior to January 2014, allowing market participants ample time to raise concerns about potential disruptions.
"Expanding the market will improve liquidity and enhance innovation, helping to drive compliance costs down. In addition, the reductions in greenhouse gas emissions achieved by combining the two programs would also be larger than anything we can achieve through a California-only system," said Mike Mielke , VP for Environmental Programs & Policy, for the Silicon Valley Leadership Group. "While critics try to make it sound risky and mysterious, it's nothing more than expanding commodity sales into new regions."
The linkage of California's carbon market with Quebec's program will mark the second multi-jurisdictional carbon trading system in North America, and the first economy-wide carbon market in North America – covering all large sources of greenhouse gas emissions, including electricity, manufacturing, transportation fuels, and oil refining. Currently, six New England states, New York, Maryland and Delaware operate the Regional Greenhouse Gas Initiative, a carbon market that covers the electricity sector only.
SOURCE California Business Alliance for a Green Economy
Itronics successfully tests manganese recovery process
Itronics - a Nevada-based emerging cleantech materials growth company that manufacturers fertilisers and produces silver - has successfully tested two proprietary processes that recover manganese, with one process recovering manganese, potassium and zinc from paste produced by processing non-rechargeable alkaline batteries. The second recovers manganese via the company’s Rock Kleen Technology.
Manganese, one of the four most important industrial metals and widely used by the steel industry, has been designated by the US Federal Government as a "critical mineral." It is a major component of non-rechargeable alkaline batteries, one of the largest battery categories sold globally.
The use of manganese in EV batteries is increasing as EV battery technology is shifting to use of more nickel and manganese in battery formulations. But according to the US Department of Interior, there is no mine production of manganese in the United States. As such, Itronics is using its Rock Kleen Technology to test metal recoverability from mine tailings obtained from a former silver mine in western Nevada that has a high manganese content.
In a statement, Itronics says that its Rock Kleen process recovers silver, manganese, zinc, copper, lead and nickel. The company says that it has calculated – based on laboratory test results – that if a Rock Kleen tailings process is put into commercial production, the former mine site would become the only primary manganese producer in the United States.
Itronics adds that it has also tested non-rechargeable alkaline battery paste recovered by a large domestic battery recycling company to determine if it could use one of its hydrometallurgical processes to solubilize the manganese, potassium, and zinc contained in the paste. This testing was successful, and Itronics was able to produce material useable in two of its fertilisers, it says.
"We believe that the chemistry of the two recovery processes would lend itself to electrochemical recovery of the manganese, zinc, and other metals. At this time electrochemical recovery has been tested for zinc and copper,” says Dr John Whitney, Itronics president.
“Itronics has been reviewing procedures for electrochemical recovery of manganese and plans to move this technology forward when it is appropriate to do so and has acquired electro-winning equipment needed to do that.
"Because of the two described proprietary technologies, Itronics is positioned to become a domestic manganese producer on a large scale to satisfy domestic demand. The actual manganese products have not yet been defined, except for use in the Company's GOLD'n GRO Multi-Nutrient Fertilisers. However, the Company believes that it will be able to produce chemical manganese products as well as electrochemical products," he adds.
Itronics’ research and development plant is located in Reno, about 40 miles west of the Tesla giga-factory. Its planned cleantech materials campus, which will be located approximately 40 miles south of the Tesla factory, would be the location where the manganese products would be produced.
Panasonic is operating one of the world's largest EV battery factories at the Tesla location. However, Tesla and other companies have announced that EV battery technology is shifting to use of nickel-manganese batteries. Itronics is positioned and located to become a Nevada-0based supplier of manganese products for battery manufacturing as its manganese recovery technologies are advanced, the company states.
A long-term objective for Itronics is to become a leading producer of high purity metals, including the U.S. critical metals manganese and tin, using the Company's breakthrough hydrometallurgy, pyrometallurgy, and electrochemical technologies. ‘Additionally, Itronics is strategically positioned with its portfolio of "Zero Waste Energy Saving Technologies" to help solve the recently declared emergency need for domestic production of Critical Minerals from materials located at mine sites,’ the statement continues.
The Company's growth forecast centers upon its 10-year business plan designed to integrate its Zero Waste Energy Saving Technologies and to grow annual sales from $2 million in 2019, to $113 million in 2025.