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NCX forest harvest deferral credit price holds steady in spring auction 

Carbon Pulse - Sat, 2022-05-07 08:46
US forest landowners on the NCX carbon platform received the same credit price for deferring harvests for a single year this spring as they did during the previous quarter, though the number of landowners was much larger compared to a year ago, according to data published Friday. 
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WCI, RGGI compliance entities build net long positions amid April expiry

Carbon Pulse - Sat, 2022-05-07 08:36
Regulated entities in the California and RGGI cap-and-trade programmes added to their allowance holdings this week, while speculators trimmed their positions as the April contracts went to delivery, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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EU lawmaker opposition to ETS2 eases as MEPs eye earlier start for businesses

Carbon Pulse - Sat, 2022-05-07 08:11
Senior MEPs negotiating EU carbon market reform may be nearing a deal on accepting a proposed second ETS for buildings and road transport, according to draft compromise amendments seen by Carbon Pulse on Friday.
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Renewable Energy Group sees LCFS, RIN revenue increase in Q1

Carbon Pulse - Sat, 2022-05-07 07:24
Biofuel producer Renewable Energy Group (REG) saw higher year-on-year revenues from selling California Low Carbon Fuel Standard (LCFS) and Renewable Fuel Standard (RFS) credits during the first quarter of the year, according to a company filing published Thursday.
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UK forest carbon scheme tightens up on additionality

Carbon Pulse - Sat, 2022-05-07 03:38
The UK is tightening the rules of additionality for forestry projects after a surge in the number of large-scale woodland planting projects tested the current criteria “to its limits”.
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The Guardian view on guerrilla gardening: go forth and grow | Editorial

The Guardian - Sat, 2022-05-07 03:28

Requiring councils to list neglected public land on which to plant fruit and vegetables would be a good thing

The weakening of the human connection to nature might be good for economic growth but is bad for people. A tipping point was reached in 2020 when human-made materials – such as steel, concrete and plastic – were found to weigh more than all life on Earth. Continuing to grow concrete forests rather than real ones is shortsighted. Simply being in the nearest wood, with attention and sensory intent, has such health benefits that the Woodland Trust successfully lobbied for it to be prescribed by doctors.

Yet slipping from popular culture is the wonder and beauty of the natural world. For every three nature-related words in hit songs of the 1950s, researchers found, there was only slightly more than one 50 years later. It is not a moment too soon that teenagers will be able to take a natural history GCSE, given that for decades children have been able to name more video game characters than wildlife species. In 2017, polls suggested that a third of young children thought cheese came from plants.

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ANALYSIS: Hydro drought to compound tight EU energy supply, support EUAs

Carbon Pulse - Sat, 2022-05-07 02:18
Hydro levels at multi-year lows across Europe will continue to support ETS-covered fossil fuel burn amid an already-tight regional power mix, with analysts expecting that the resulting rise in coal and gas generation could offset reductions from renewable capacity expansion in 2022 and support a year-on-year rise in EU power sector emissions.
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European airlines confident in partial recovery of pre-pandemic demand in 2022

Carbon Pulse - Fri, 2022-05-06 22:18
Several European airlines this week reported greater confidence in achieving a sustained rebound in passenger numbers in 2022 due to easing pandemic restrictions, but demand will remain well below pre-pandemic levels meaning any resulting EUA and offset impact is likely to be muted.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2022-05-06 21:56
Carbon prices repeated the early gains of the previous day on Friday, reaching a session high just below €92 amid robust buying, while energy markets drifted amid a worsening macroeconomic outlook and strong LNG supply to Europe.
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Shipping firm signs up to carbon credit scheme for vessel retrofits

Carbon Pulse - Fri, 2022-05-06 20:51
A second shipping company has joined a unique scheme in the marine industry that allows participants to claim carbon credits for investment in retrofitting of vessels designed to reduce emissions.
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The week in wildlife – in pictures

The Guardian - Fri, 2022-05-06 17:49

The best of this week’s wildlife pictures, including a lounging monitor lizard, breeding puffins and bluebells

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Australian waste sector wants more offset market influence, calls for methodology expansion

Carbon Pulse - Fri, 2022-05-06 17:42
Australia’s waste and resource recovery industry wants a bigger say in offset methodology issues on the basis that it generates more than one-third of all the Australian Carbon Credit Units (ACCUs) in the market.
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Football must do more to tackle climate change: this is how clubs and fans can help | Barney Weston

The Guardian - Fri, 2022-05-06 17:00

We are in ‘Fergie time’ when it comes to reducing our carbon footprint but it is not too late to chart a path to sustainability

Climate change is a defining global issue, and football is not exempt. Roughly a quarter of England’s 92 league clubs could be regularly flooded within the next three decades, and the average grassroots pitch in England already loses five weeks a season to bad weather. Sport is also a significant contributor to climate change, with an estimated global carbon footprint the equivalent size of Tunisia’s – and that is at the low end of estimates.

It’s tempting to ask fans to reduce our carbon bootprint – but how can we use public transport on matchdays, when it’s often too expensive and sometimes unavailable? There were no trains running from the north-west to Wembley when Liverpool and Manchester City competed in the FA Cup semi-final. The FA provided 100 buses, enough for 5,000 fans.

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BRIEFING: As Ontario election campaign kicks off, legacy of cap-and-trade demise lingers 

Carbon Pulse - Fri, 2022-05-06 16:00
Ontario’s opposition parties began campaigning this week to unseat the Progressive Conservatives in the June 2 election, with Premier Doug Ford’s decision to scrap the province’s WCI-linked cap-and-trade programme four years ago still looming large over the jurisdiction's climate policy.
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Australia Market Roundup: AgriProve sees through new batch of soil carbo schemes, as Labor commits to SM and CER reform

Carbon Pulse - Fri, 2022-05-06 15:19
AgriProve Solutions has added additional projects to the Clean Energy Regulator’s (CER) project registry, as opposition energy and climate spokesman Chris Bowen reiterated the Labort party’s commitment to add Safeguard Mechanism Credits and review Australia’s broader carbon market.  
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“Coal fired power stations will close, regardless of who’s in office:” Bowen

RenewEconomy - Fri, 2022-05-06 14:42

 Michael Mazengarb).Labor's Chris Bowen says what Angus Taylor won't – that Australia's coal power stations are going to close.

The post “Coal fired power stations will close, regardless of who’s in office:” Bowen appeared first on RenewEconomy.

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Win or lose, Cannon-Brookes is forcing coal die-hards to face the future

RenewEconomy - Fri, 2022-05-06 14:17

Loy Yang power station AGL shareholder resolutionHowever it plays out, there is much at stake in the battle between Mike Cannon-Brookes and AGL Energy – not just for AGL, but for the rest of the fossil fuel industry.

The post Win or lose, Cannon-Brookes is forcing coal die-hards to face the future appeared first on RenewEconomy.

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A climate scientist on India and Pakistan's horror heatwave, and the surprising consequences of better air quality

The Conversation - Fri, 2022-05-06 13:57
This long, uncharacteristically early heatwave has hit hundreds of millions of people in one of the world’s most densely populated and vulnerable regions. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Great Solar Business Podcast: A wrap on the Smart Energy Conference

RenewEconomy - Fri, 2022-05-06 13:49

Hear the highs and lows, inspiration and learnings, from this week’s Smart Energy Conference with Luke Beattie from Solar Gain and Karl Jensen from Solar Juice.

The post Great Solar Business Podcast: A wrap on the Smart Energy Conference appeared first on RenewEconomy.

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Costly and impractical: IRENA warns against hydrogen blending in gas networks

RenewEconomy - Fri, 2022-05-06 13:24

A major international energy body warns that hydrogen blending in mains gas networks is likely to be costly and impractical.

The post Costly and impractical: IRENA warns against hydrogen blending in gas networks appeared first on RenewEconomy.

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