Around The Web

Quarterly WCI auction fails to sell out for first time since Feb. 2017

Carbon Pulse - Fri, 2020-05-29 06:08
The California-Quebec Q2 auction failed to sell out for the first time in over three years as entities purchased roughly 21 million current vintage allowances at the joint sale, according to results released Thursday afternoon.
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A fire extinguisher, a suit and 14 million plastic particles: after a storm, microplastic pollution surged in the Cooks River

The Conversation - Fri, 2020-05-29 06:01
To inner west Sydneysiders, the Cooks River is known to be particularly polluted. But after a storm, microplastic particles increased more than 40 fold. James Hitchcock, Post-Doctoral Research Fellow, University of Canberra Licensed as Creative Commons – attribution, no derivatives.
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UN accepts UK proposal to host COP26 in Nov. 2021

Carbon Pulse - Fri, 2020-05-29 05:57
*FREE READ* - Governments have agreed to move the COP26 UN climate summit to Nov. 2021 as environmental groups urged the UK hosts and other nations to use the extra time to enhance their climate action plans and to 'green' their post-coronavirus recovery efforts.
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COP 26: New date agreed for UN climate summit in Glasgow

BBC - Fri, 2020-05-29 05:19
The COP26 UN summit, which was postponed due to coronavirus, will now take place between 1 and 12 November 2021.
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Climate crisis is making world’s forests shorter and younger – study

The Guardian - Fri, 2020-05-29 04:00

Rising temperatures, natural disasters and deforestation taking heavy toll, say scientists

Climate breakdown and the mass felling of trees has made the world’s forests significantly shorter and younger overall, an analysis shows. 

The trend is expected to continue, scientists say, with worrying consequences for the ability of forests to store carbon and mitigate the climate emergency and for the endangered wildlife that depends on rich, ancient forests. 

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Rapid shift to renewable energy could lead Australia to cheap power and 100,000 jobs

The Guardian - Fri, 2020-05-29 03:30

Ambitious goal requires us to ‘get over the political roadblock’ says Malcolm Turnbull, who backed climate change thinktank’s report

A rapid expansion of renewable energy over the next five years could establish Australia as a home for new zero-emissions industries, cut electricity costs and create more than 100,000 jobs in the electricity industry alone, a new analysis suggests.

The briefing paper by Beyond Zero Emissions, a climate change thinktank, presents an alternative vision to the Morrison government’s gas-fired recovery plan, arguing the shift to a clean electricity grid is inevitable and there are opportunities in accelerating it, rather than slowing it down. Renewable energy investment in Australia fell 50% last year.

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NA Markets: California carbon rises on budget proposal, RGGI regains losses ahead of Q2 sale

Carbon Pulse - Fri, 2020-05-29 02:57
California Carbon Allowance (CCA) prices gained this week as traders took a bullish outlook regarding a budget proposal to consider improvements to the state’s linked ETS, while RGGI allowances (RGA) pared back losses suffered over the past two weeks.
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California business groups unite to lobby against ETS budget proposal

Carbon Pulse - Fri, 2020-05-29 02:45
Three large business groups are opposing budget language that would require California regulator ARB to consider improvements to the US state's cap-and-trade scheme, saying the measure could increase costs on end consumers at an inopportune time.
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Parliamentarians push back on effort to raise EU’s 2030 GHG target

Carbon Pulse - Fri, 2020-05-29 02:34
EU Parliamentarians from major parties pushed back on efforts to raise the bloc’s 2030 emission reduction target to 65% on Thursday, despite that level being judged to be in line with the Paris Agreement and a smoother path towards reaching net zero by 2050.
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Biggest UK solar plant approved

BBC - Fri, 2020-05-29 02:33
Climate change: Go-ahead for controversial solar farm - the UK's biggest
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LCFS Market: California finalises price cap package as credit values gap higher

Carbon Pulse - Fri, 2020-05-29 01:55
A California agency on Wednesday approved the state’s Low Carbon Fuel Standard (LCFS) price ceiling and other amendments that will take effect this summer, as credit values continued to increase despite an auction taking place.
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Isle of Wight pterosaur species fossil hailed as UK first

BBC - Fri, 2020-05-29 01:09
The University of Portsmouth identified it as a tapejarid, a flying pterosaur from the Cretaceous period.
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EU Market: EUAs hover around €21 ahead of supply bump

Carbon Pulse - Fri, 2020-05-29 01:08
EUAs eased to hover around €21 on Thursday, extending their retreat from this week's one-month high as energy markets also dipped.
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Suntech’s 9.4MW Robinvale solar farm completed in Victoria

RenewEconomy - Fri, 2020-05-29 00:05

Suntech's 9.47MW Robinvale solar farm – one of a growing number of 'small but smart' projects pitched at under 10MW – has been completed in Victoria's north west.

The post Suntech’s 9.4MW Robinvale solar farm completed in Victoria appeared first on RenewEconomy.

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Wind, solar and drought drive down emissions, but Australia’s progress on targets still lags

RenewEconomy - Fri, 2020-05-29 00:01

Canva - Power station in Australia reflecting in the lake - optimised emissionsLatest quarterly emissions update shows emissions down thanks to renewables and drought, but increases from the gas sector are hindering faster progress.

The post Wind, solar and drought drive down emissions, but Australia’s progress on targets still lags appeared first on RenewEconomy.

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EU pledges coronavirus recovery plan will not harm climate goals

The Guardian - Thu, 2020-05-28 22:18

Commission argues it can raise €150bn to fund greener transport, cleaner industry and renovated homes

Senior officials have pledged that the European Union’s recovery plan will “do no harm” to the bloc’s landmark goals to tackle the climate crisis and threats to the natural world.

Following the unveiling of a €750bn (£671bn) recovery plan to pull EU economies out of the deep economic downturn caused by coronavirus, the European commission announced further details of green spending on Thursday.

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The world wasn't ready for a Green New Deal in 2009. Today, it may be | Larry Elliott

The Guardian - Thu, 2020-05-28 22:02

There is no easy route to a greener global economy. But since coronavirus hit, politics and business are thinking again

Timing matters. Early 2020 saw an economic collapse the likes of which have not been seen in living memory. Growth has collapsed, unemployment has soared, poverty has increased.

Yet in different circumstances the past few months would have been dominated by calls for countries to do more to cut carbon emissions. As 2019 drew to an end, everybody from the managing director of the International Monetary Fund to the governor of the Bank of England was warning of the threat of global heating.

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Global carbon market sees modest growth in 2019, strong interest in forestry -World Bank

Carbon Pulse - Thu, 2020-05-28 22:00
Global carbon markets expanded marginally last year and saw modest growth in revenue for governments, but interest in offset projects is on the rise with forestry leading the way, according to an annual report released Thursday by the World Bank.
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New electric vehicles that Australia needed yesterday

RenewEconomy - Thu, 2020-05-28 20:43

rivian R1TIf uptake of EVs is to gain hold in Australia, they need to be fit for purpose - here's a list of what we should expect to see in coming years.

The post New electric vehicles that Australia needed yesterday appeared first on RenewEconomy.

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New Trump public land rules will let Alaska hunters kill bear cubs in dens

The Guardian - Thu, 2020-05-28 20:30

The ‘amazingly cruel’ move by the National Park Service reverses Obama-era regulations which also affect wolves and coyotes

The Trump administration is finalizing rules that will allow hunters in Alaska’s national preserves to shoot bears and wolves, and their cubs and pups, while they are in their dens.

Related: A proposed mine in Alaska will endanger brown bears – and much more

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