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New York sees peak power decrease amid coronavirus outbreak, shelter-in-place orders

Carbon Pulse - Thu, 2020-03-26 07:59
New York's wholesale grid operator (NYISO) is experiencing an overall reduction in electricity demand due to the COVD-19 pandemic, a trend that is likely to reduce obligations for power generators in the RGGI carbon market.
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California issues 535k offsets as G-CCO discount tightens on allowance crash

Carbon Pulse - Thu, 2020-03-26 07:58
California regulator ARB minted more than 535,000 new offsets this week, with another half million credits seeing their invalidation period cut to three years, according to data published Wednesday.
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POLL: Last year’s EU ETS emissions fell by most since 2009, analysts estimate

Carbon Pulse - Thu, 2020-03-26 07:22
Emissions covered under the EU ETS likely fell last year by the largest amount since the financial crisis, according to a poll of analysts, as coal-to-gas fuel-switching and increased renewables generation outweighed an increase in CO2 from aviation and somewhat stagnant industrial output. A Carbon Pulse subscription is required to read this content. Subscribe today […]
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Virginia officials do not envision any cap revisions to proposed RGGI regulation

Carbon Pulse - Thu, 2020-03-26 07:01
Virginia officials are unlikely to revise the state's power sector annual ETS carbon budgets in the short term if Governor Ralph Northam (D) signs a bill implementing the existing cap-and-trade regulation into law, a state regulator said.
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Mexico targets Q4 for publishing compliance offset protocols

Carbon Pulse - Thu, 2020-03-26 06:48
Mexico will aim to release offset protocols for use under its ETS in the final quarter of 2020, with several methodologies under consideration, a government official said Wednesday.
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EU carbon border tax plans due next spring, as other nations watch closely

Carbon Pulse - Thu, 2020-03-26 05:06
A European Commission proposal to adopt a border adjustment mechanism to prevent carbon leakage will need to wait until spring 2021, despite demands from member states and industry to deliver earlier, a senior EU official said on Wednesday.
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Ranger captures moment grizzly bear emerges from hibernation in Canada – video

The Guardian - Thu, 2020-03-26 03:48

A hulking grizzly bear has found online stardom after he was caught groggily emerging from hibernation on camera. Canadian ranger Nicole Gagnon filmed the end of Boo's hibernation on her phone, a moment she said she had been waiting to document for eight years. It has since been viewed over 100,000 times on Twitter. Boo, 18, draws thousands of tourists every year to his 20-acre enclosure near the town of Golden, Canada

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Under coronavirus, ideologies are overturned around the world. But it is too little, too late | Jeff Sparrow

The Guardian - Thu, 2020-03-26 02:30

If there is an economic alternative now, there was one before – and we are all suffering from the failure to take it

Covid-19 isn’t just infecting humans. It’s also weakening ideology.

Think about Tina: the acronym popularised after Margaret Thatcher declared that “There is no alternative” to the market economy.

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Global efforts on ozone help reverse southern jet stream damage

The Guardian - Thu, 2020-03-26 02:00

Jet stream appears to have stopped moving south and may be moving back towards normal

International cooperation on ozone-depleting chemicals is helping to return the southern jet stream to a normal state after decades of human-caused disruption, a study shows.

Scientists say the findings prove there is the capacity to heal damaged climate systems if governments act promptly and in coordination to deal with the causes.

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It takes a whole world to create a new virus, not just China | Laura Spinney

The Guardian - Thu, 2020-03-26 01:31

Viruses such as Covid-19 wouldn’t emerge in food markets if it wasn’t for factory farming, globalised industry and rapid urbanisation

  • Laura Spinney is the author of The Spanish Flu of 1918 and How it Changed the World

When I get stressed, a patch of annoying red eczema appears on the inside of my upper right arm. The doctor gives me some cream to rub on it, but I also know that to stop it coming back I have to deal with the underlying problem.

Too much information, you’re thinking, but let me make the analogy. The reason we shouldn’t call the Sars-CoV-2 virus causing global misery the “Chinese virus” is the same reason I shouldn’t blame my eczema on my upper arm: there is clearly a superficial weakness there, but the real cause lies elsewhere.

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Trump administration declines to appeal decision limiting biofuel compliance waivers

Carbon Pulse - Thu, 2020-03-26 00:57
The US federal government missed a deadline on Tuesday to challenge a court’s ruling that limits the EPA’s use of Renewable Fuel Standard (RFS) compliance waivers, though refiners involved in the lawsuit will forge ahead with their own appeal.
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Britain’s only EU aviation carbon permit auction of 2020 cancelled on low demand

Carbon Pulse - Thu, 2020-03-26 00:25
The UK’s only EU Aviation Allowance (EUAA) auction of 2020 was cancelled on Wednesday, sale host ICE Futures Europe said, after bidding interest failed to exceed the amount of spot carbon units on offer.
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Coronavirus: Calls to protect great apes from threat of infection

BBC - Wed, 2020-03-25 23:51
The possibility of infection in great apes like gorillas warrants the utmost caution, say experts.
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EU Midday Market Briefing

Carbon Pulse - Wed, 2020-03-25 23:29
EU carbon prices raced to a one-week high early on Wednesday as markets were buoyed by US lawmakers agreeing a virus-busting stimulus package, but EUAs then fell back after buyers struggled to absorb a bumper auction.
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World's wind power capacity up by fifth after record year

The Guardian - Wed, 2020-03-25 20:48

Offshore windfarms and onshore projects in US and China fuel one of strongest years on record

The world’s wind power capacity grew by almost a fifth in 2019 after a year of record growth for offshore windfarms and a boom in onshore projects in the US and China.

The Global Wind Energy Council found that wind power capacity grew by 60.4 gigawatts, or 19%, compared with 2018, in one of the strongest years on record for the global wind power industry.

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Australia’s 10th ERF auction begins amid lukewarm interest

Carbon Pulse - Wed, 2020-03-25 18:49
Australia’s Clean Energy Regulator opened the latest two-day auction under the Emissions Reduction Fund on Wednesday, but with little indication of a resurgence in interest from project developers.
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Climate change: Green energy plant threat to wilderness areas

BBC - Wed, 2020-03-25 18:08
Solar, wind and hydro electric installations are often built in conservation areas.
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NZ Market: Price correction ends six days of losses for NZUs

Carbon Pulse - Wed, 2020-03-25 17:20
New Zealand allowances edged up 30 cents in Wednesday trade after previously posting losses over six consecutive sessions, as some market participants said the rapid decrease had been an overreaction.
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England could face droughts in 20 years due to climate breakdown - report

The Guardian - Wed, 2020-03-25 17:00

Auditor general predicts drought in 20 years as demand rises and climate crisis reduces supply

England is in danger of experiencing droughts within 20 years unless action is taken to combat the impact of the climate crisis on water availability, the public spending watchdog says.

The National Audit Office (NAO), in a report published on Wednesday, says some parts of England, especially the south-east, are at risk of running out of water owing to decreased rainfall and a need to cut the amount taken from natural waterways.

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Covid-19 is nature's wake-up call to complacent civilisation | George Monbiot

The Guardian - Wed, 2020-03-25 16:00

A bubble has finally been burst – but will we now attend to the other threats facing humanity?

We have been living in a bubble, a bubble of false comfort and denial. In the rich nations, we have begun to believe we have transcended the material world. The wealth we’ve accumulated – often at the expense of others – has shielded us from reality. Living behind screens, passing between capsules – our houses, cars, offices and shopping malls – we persuaded ourselves that contingency had retreated, that we had reached the point all civilisations seek: insulation from natural hazards.

Now the membrane has ruptured, and we find ourselves naked and outraged, as the biology we appeared to have banished storms through our lives. The temptation, when this pandemic has passed, will be to find another bubble. We cannot afford to succumb to it. From now on, we should expose our minds to the painful realities we have denied for too long.

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