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EU Midday Market Brief

Carbon Pulse - Tue, 2019-10-22 21:24
EUAs slipped further below €26 early on Tuesday as UK lawmaker wrangling kept the prospects of a Brexit deal in the balance.
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Bolsonaro's road to destruction

ABC Environment - Tue, 2019-10-22 21:20
Brazil's far-right president Jair Bolsonaro has vowed to rebuild an old military highway through the Amazon. Is this a plan to drive the economy or a more sinister push to annex parts of the Amazon?
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UK to use £1bn meant for green energy to support fracking in Argentina

The Guardian - Tue, 2019-10-22 21:04

Documents show government’s plans to prioritise loans in support of major oil companies

The UK is planning to invest in Argentina’s controversial oil shale industry using a £1bn export finance deal intended to support green energy, according to government documents seen by the Guardian.

UK Export Finance, the government’s foreign credit agency, promised in 2017 to offer loans totalling £1bn to help UK companies export their expertise in “infrastructure, green energy and healthcare” to invest in Argentina’s economy.

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Have you spotted any new buds or flowers in October?

The Guardian - Tue, 2019-10-22 20:55

If you have seen any plants flowering unusually this month, we would like to see your photos

According to former Guardian environment correspondent Paul Brown, “new research published in Geophysical Research letters show that so-called “cold” days in European winters are on average 3C warmer than 70 years ago”.

Some people have reported seeing new flower buds in the unseasonal temperatures, leading to worries the flowers will be killed by the winter weather and may not bloom again in spring.

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NSW govt nixes Scope 3 considerations in mining decisions

Carbon Pulse - Tue, 2019-10-22 19:28
Australia’s New South Wales state government will this week introduce legislation that bans its Independent Planning Commission from taking Scope 3 emissions into account when deciding whether or not to let mining projects go ahead.
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New Zealand likely to skirt limitations on international credits, experts say

Carbon Pulse - Tue, 2019-10-22 18:23
New Zealand is likely to avoid the foreign offset restrictions in its latest revised Zero Carbon Bill by setting domestic targets that are less ambitious than its international commitments, policy experts said Tuesday, though ETS linking might prove difficult.
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Irrigators welcome inquiry into better use of satellite imagery on water flows

ABC Environment - Tue, 2019-10-22 17:35
The National Irrigators Council says an investigation into the release of satellite imagery which appeared to show some farm dams filling during an embargo should also look at improving reporting systems.
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NSW to try to stop mine projects being blocked because of their overseas emissions

The Guardian - Tue, 2019-10-22 17:32

State government wants to prevent the regulation of scope 3 greenhouse gas emissions in mining approvals

The New South Wales government has announced it will introduce legislation to try to stop planning authorities from blocking mine developments based on emissions from coal once it is burned.

The push is a response to the historic Rocky Hill verdict delivered by the NSW Land and Environment court earlier this year and comes just days after the government launched a review of the state’s Independent Planning Commission (IPC).

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UPDATE – Liberal minority gov’t offers hope for Canadian climate policy, carbon pricing to stay the course

Carbon Pulse - Tue, 2019-10-22 17:25
Canadian Prime Minister Justin Trudeau’s Liberals lost their parliamentary majority in Monday’s federal election but still exceeded many pollsters' expectations, as a stronger showing by left-leaning parties could pressure a deeper commitment to climate ambition and stave off the oil and gas-centred demands of the resurgent Conservatives.
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Free rooftop solar for low-income households in NSW government trial

RenewEconomy - Tue, 2019-10-22 16:55

NSW Government offers free rooftop solar to pensioners and veterans under a trial for 3,000 low income households.

The post Free rooftop solar for low-income households in NSW government trial appeared first on RenewEconomy.

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Climate Trust projecting 14% return from initial US offset fund

Carbon Pulse - Tue, 2019-10-22 16:34
Project developer The Climate Trust’s first offset fund is projected to yield a 14% return, with the majority of that profit stemming from appreciation in value through California’s compliance market, the organisation said Monday.
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City of Sydney strikes landmark deal to go 100% renewable

RenewEconomy - Tue, 2019-10-22 16:30

The City of Sydney has struck a landmark deal worth $60 million to power all of the council's operations with 100 per cent renewable electricity.

The post City of Sydney strikes landmark deal to go 100% renewable appeared first on RenewEconomy.

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Horse racing must change, or the court of public opinion will bury it

The Conversation - Tue, 2019-10-22 15:08
Racing industries put enormous effort into procuring the best young horses, but pay little attention to the fate of former (or simply unsuccessful) racers. Phil McManus, Professor of Urban and Environmental Geography: Head of School of Geosciences, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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Meralli rolls out another “small but smart” solar farm in South Australia

RenewEconomy - Tue, 2019-10-22 13:29

Meralli Solar completes another small but smart – and battery ready – solar farm, with the installation of an 8.9MW project in just eight weeks in South Australia.

The post Meralli rolls out another “small but smart” solar farm in South Australia appeared first on RenewEconomy.

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Huge wind and solar pipeline could make coal power ‘extinct’ in Australia by 2040

RenewEconomy - Tue, 2019-10-22 12:32

pipeline bango wind farm Wind turbines creating renewable energy on cattle farm - optimisedResearch group predicts rapid rise of a renewable energy export industry will accelerate the exit of coal from Australian market as soon as 2040.

The post Huge wind and solar pipeline could make coal power ‘extinct’ in Australia by 2040 appeared first on RenewEconomy.

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Australia is the only country using carryover climate credits, officials admit

The Guardian - Tue, 2019-10-22 12:11

More than half of Australia’s Paris emissions commitment will come from controversial credits from previous targets

The federal environment department says it is not aware of any countries other than Australia planning to use controversial “carryover credits” to meet international climate commitments.

The comment, at a Senate estimates hearing on Monday, comes as the Morrison government rebuffs calls from international leaders, analysts and activists for it to abandon the use the credits to meet its 2030 Paris emissions goal.

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Yates calls for a state green bank to unlock Queensland renewable potential

RenewEconomy - Tue, 2019-10-22 12:01

acciona solar farm panels queensland-2Former CEFC chief calls for a new, Queensland government-owned green bank to unlock the state’s north as “a major growth engine” for renewables.

The post Yates calls for a state green bank to unlock Queensland renewable potential appeared first on RenewEconomy.

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AEMO hints at “staged transition” as it seeks to define limits of wind and solar

RenewEconomy - Tue, 2019-10-22 11:12

AEMO looks overseas for best practice on renewables integration and may adopt a "staged transition" as it seeks to determine if there is an upper limit to wind and solar.

The post AEMO hints at “staged transition” as it seeks to define limits of wind and solar appeared first on RenewEconomy.

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BHP cancels coal contracts, goes 100 per cent renewables at huge Chile copper mines

RenewEconomy - Tue, 2019-10-22 11:03

BHP cancels existing coal contracts and commits to going 100 per cent renewables at its huge Chile copper mines, to save money and emissions.

The post BHP cancels coal contracts, goes 100 per cent renewables at huge Chile copper mines appeared first on RenewEconomy.

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How space affects women and men differently

BBC - Tue, 2019-10-22 09:48
BBC Radio 5 Live speaks to a space gynaecologist about the impact of space travel on female astronauts.
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