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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-09-01 21:45
EUAs made a robust recovery late Thursday morning after sliding to a one-month low as the market nervously awaited the resumption of full auction volumes, before a better-than-expected sale rallied sentiment, while energy markets slid as reports emerged suggesting industrial energy consumption has fallen sharply.
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African Swine Fever threat prompts UK border limits on pork

BBC - Thu, 2022-09-01 21:43
New border controls on travellers bringing in pork, in bid to keep out African Swine Fever.
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Stronger 2030 California GHG target fails, but other climate bills pass legislature

Carbon Pulse - Thu, 2022-09-01 21:01
The California Assembly on Wednesday night declined to approve a bill to increase the stringency of the state’s 2030 GHG goal, though lawmakers passed a suite of other climate and energy-related bills as the legislative session came to a close.
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Liz Truss puts hard-right ideology above lives – and is backing oil and gas to prove it | Owen Jones

The Guardian - Thu, 2022-09-01 21:00

Amid mounting energy and climate crises, the would-be prime minister is burying her head in an eternal culture war

How best to describe wilfully vandalising the planet and threatening human life to satisfy ideological bloodlust? Liz Truss – already a plausible contender for the “worst prime minister ever” gong before she even assumes office – apparently intends to issue up to 130 drilling licences for oil and gas firms. If the purpose of this is to confront the looming social catastrophe of energy bills, to describe it as an exercise in futility would be generous: it takes the best part of three decades to pump fossil fuels out of the ground and put them onstream.

As Russia switches off Europe’s flow of gas via the Nord Stream 1 pipeline – it implausibly cites maintenance work as the reason – the need for drastic, swift action could not be more obvious, yet our soon-to-be prime minister has nothing meaningful to offer.

Owen Jones is a Guardian columnist

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Polling shows that US voters favor climate bills – yet assume fellow Americans don’t | Adrienne Matei

The Guardian - Thu, 2022-09-01 20:15

Part of the key to collective action may be to overcome the ‘false social reality’ that makes us assume no one else cares about the climate

America is polarized, but a new study has revealed one issue on which the nation is surprisingly united: mitigating climate change.

Yet Americans themselves underestimate the US population’s concern for the state of the climate and support for major climate mitigation policies – by a whopping 80–90%, according to researchers from Boston College, Princeton University and Indiana University Bloomington.

Adrienne Matei is a freelance journalist

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World’s largest wind farm begins full operation off the coast of Yorkshire

RenewEconomy - Thu, 2022-09-01 19:48

Hornsea 2 OrstedThe world's largest completed wind farm, the 1.3GW Hornsea 2 project off the coast of Yorkshire, is now in full operation,

The post World’s largest wind farm begins full operation off the coast of Yorkshire appeared first on RenewEconomy.

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China sees record drop in CO2 emissions amid economic headwinds -analyst

Carbon Pulse - Thu, 2022-09-01 19:32
China saw a record 8% fall in CO2 emissions in the April-to-June quarter, as the economy is being dragged down by an embattled property sector and Covid disruptions, according to an analysis published Thursday. 
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Japan calls for more emitters to join GX League

Carbon Pulse - Thu, 2022-09-01 18:33
Japan on Thursday opened a second registration window for companies that want to participate in its planned domestic voluntary carbon market.
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If Sadiq Khan really is a green mayor, he should stop the Silvertown tunnel | Diyora Shadijanova

The Guardian - Thu, 2022-09-01 17:00

He risks ruining his legacy for a project that will bring more pollution to some of London’s worst-hit areas

‘I am the first green mayor of London,” Sadiq Khan proclaimed last year during the UN Climate Change Conference in Glasgow. The Labour party mayor has built a reputation for tackling air pollution. In 2019, he introduced ultra-low emission zones in the nation’s capital. New cycle infrastructure has appeared throughout the city, alongside cycling training courses, and London is brimming with electric buses. It’s no surprise that since 2016, the year Khan was elected, air pollution in London has plunged dramatically.

So it makes little sense that Khan has refused to reverse the Silvertown tunnel. The 1.4km twin-bore road tunnel under the Thames is due for completion in 2025 and will connect the boroughs of Greenwich and Newham. The project is a Johnson mayoral-era solution to the severe delays at the Blackwall tunnel that links Greenwich to Tower Hamlets. TfL claims that the Silvertown tunnel will “help reduce the environmental impact of traffic congestion on some of London’s most polluted roads”, but Greenwich and Newham locals argue that it will do the exact opposite, bringing more pollution to the area.

Diyora Shadijanova is a journalist and writer

Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com

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*General Manager of Commercial Development, NatureCo – Remote

Carbon Pulse - Thu, 2022-09-01 16:41
NatureCo is currently looking for an experienced General Manager of Commercial Development to drive growth through stakeholder engagement and working with clients to address their climate change needs.
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Eating meat isn’t a crime against the planet – if it’s done right | Thomasina Miers

The Guardian - Thu, 2022-09-01 16:00

George Monbiot criticised ‘chefs and foodies’ like me for focusing on regenerative grazing. But alternative, lab-grown foods, could have terrible consequences

I have huge admiration for George Monbiot, a columnist of this newspaper. His work has highlighted the urgent need to reduce our CO2 emissions and switch to greener energy. He has also shown intensive farming’s role in the dramatic levels of species decline and biodiversity loss. Much of what he writes I wholeheartedly agree with – but when it comes to the solutions we need to change our farming and food systems, we have radically different takes.

It is indisputable that the farming “revolution” of the 1950s, with its widespread use of ammonia fertilisers and herbicides, pesticides and fungicides, has waged war on nature. These intensive, monocultural ways of producing food are not only contaminating our land and waterways, but are heating up our planet and contributing to a crisis in human health (more people die of diet-related disease globally than smoking, according to a study published in the Lancet). The animals in factory farms don’t have a great time either. The decline of insect life is incredibly worrying: without the earthworm, beetle and bee, life as we know it could cease. Topsoils, which we use to grow 95% of the world’s food, are depleting at an astonishing rate. We need to change the way we eat and produce food, and we need to do it quickly.

Thomasina Miers is a cook, writer and restaurateur

Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com

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Woodside-led JV awarded offshore GHG storage permit, says can store up to 5mln tonnes per year

Carbon Pulse - Thu, 2022-09-01 15:28
A joint venture (JV) led by Australian oil and gas operator Woodside has been awarded a permit for the potential development of an offshore CO2 storage site in Western Australia, it announced on Thursday.
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Australian miners seen in top spot to lead global sector green

RenewEconomy - Thu, 2022-09-01 15:11

By embracing renewables, Australia's miners could lead the world in extracting "green minerals" needed to power global decarbonisation.

The post Australian miners seen in top spot to lead global sector green appeared first on RenewEconomy.

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Carbon capture remains a risky investment for achieving decarbonisation 

RenewEconomy - Thu, 2022-09-01 15:07

Gorgon lng gas project chevron carbon capture storage CCS - optimisedIs carbon capture and storage a realistic climate solution, or a subsidy harvesting exercise to extend the life of fossil fuel assets? We review 13 projects to find out.

The post Carbon capture remains a risky investment for achieving decarbonisation  appeared first on RenewEconomy.

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Energy price caps lifted in major market shift to accommodate expensive fossil fuels

RenewEconomy - Thu, 2022-09-01 15:03

Australia's energy market rule maker has bowed to pressure to lift price caps on the wholesale electricity prices in one of the biggest reforms to the market in years.

The post Energy price caps lifted in major market shift to accommodate expensive fossil fuels appeared first on RenewEconomy.

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Wildlife photographer of the year 2022 – highly commended pictures

The Guardian - Thu, 2022-09-01 15:00

Highly commended images from the wildlife photographer of the year contest. Winners will be announced on 11 October and an exhibition of the 100 award-winning shots will open at the Natural History Museum on 14 October

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Carbon capture is not a solution to net zero emissions plans, report says

The Guardian - Thu, 2022-09-01 15:00

The technology, put forward as part of the UK’s net zero strategy, could extend the life of fossil fuel infrastructure

Carbon capture and storage schemes, a key plank of many governments’ net zero plans, “is not a climate solution”, the author of a major new report on the technology has said.

Researchers for the Institute for Energy Economics and Financial Analysis (IEEFA) found underperforming carbon capture projects considerably outnumbered successful ones by large margins.

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Gas prices and nuclear outages put European grid at breaking point

RenewEconomy - Thu, 2022-09-01 14:58

frederic-paulussen-LWnD8U2OReU-unsplash - optimised nuclearPrices in France and Germany and across Europe have again jumped to unprecedented levels thanks to soaring cost of gas and massive nuclear shortfalls.

The post Gas prices and nuclear outages put European grid at breaking point appeared first on RenewEconomy.

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The strangely invisible energy projects that led to all those “blackout” headlines

RenewEconomy - Thu, 2022-09-01 13:03

Transgrid QNI upgradeAEMO's latest assessment of reliability generated the predictable "blackout" headlines, but the details tell another story.

The post The strangely invisible energy projects that led to all those “blackout” headlines appeared first on RenewEconomy.

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Solar Insiders Podcast: China drought to hit solar, battery supplies

RenewEconomy - Thu, 2022-09-01 12:58

china sunExtreme weather conditions in China starts to have impact on solar and battery supply chains, plus all the local news.

The post Solar Insiders Podcast: China drought to hit solar, battery supplies appeared first on RenewEconomy.

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