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New Zealand energy exchange launches carbon trading product

Carbon Pulse - Tue, 2020-03-17 14:07
A subsidiary of New Zealand’s state-owned grid company has added domestic carbon allowances to its listed products, it announced Tuesday.
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CP Daily: Monday March 17, 2020

Carbon Pulse - Tue, 2020-03-17 13:22
A daily summary of our news plus bite-sized updates from around the world.
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Coronavirus could deliver first global solar market contraction since 1980s, says BNEF

RenewEconomy - Tue, 2020-03-17 12:14

Bloomberg New Energy Finance says hit to demand as Coronavirus takes hold could make 2020 the "first down year for solar capacity addition" in several decades.

The post Coronavirus could deliver first global solar market contraction since 1980s, says BNEF appeared first on RenewEconomy.

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Climate Director, The Nature Conservancy – Seattle

Carbon Pulse - Tue, 2020-03-17 12:00
The Climate Director will hone and implement a strategic program of work that builds on TNC’s growing role as a leader in tackling climate change.
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Victoria lifts moratorium on onshore gas, but permanently bans fracking

RenewEconomy - Tue, 2020-03-17 11:51

gas flare fracking victoria moratorium 2 - optimisedVictorian Andrews government to allow onshore gas exploration, but will permanently ban CSG and fracking. Environmental groups and the Greens label it "disaster capitalism".

The post Victoria lifts moratorium on onshore gas, but permanently bans fracking appeared first on RenewEconomy.

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Huge Dundonnell wind farm begins production in Victoria

RenewEconomy - Tue, 2020-03-17 11:34

Huge Dundonnell wind farm begins output in Victoria, one of the few large scale wind and solar projects to connect on schedule.

The post Huge Dundonnell wind farm begins production in Victoria appeared first on RenewEconomy.

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AEMC backs off on COGATI rule change, relief for solar and wind sector

RenewEconomy - Tue, 2020-03-17 10:21

Disaster averted as main rule maker backs off on controversial rule change that would have erected more barriers to wind and solar projects.

The post AEMC backs off on COGATI rule change, relief for solar and wind sector appeared first on RenewEconomy.

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Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos

RenewEconomy - Tue, 2020-03-17 09:41

zali steggall parliament house politics - optimised legislationIndependent Zali Steggall to defer presentation of federal Climate Change Bill from next Monday to a later date, as Parliament focuses on its response to COVID-19.

The post Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos appeared first on RenewEconomy.

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Climate change: The rich are to blame, international study finds

BBC - Tue, 2020-03-17 08:47
The Leeds University study looked at 86 countries and came to broadly the same conclusions about the rich.
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Trina targets Australia’s big solar market with new 500W module

RenewEconomy - Tue, 2020-03-17 08:45

Trina Solar says one of its new 500W PV modules coming to Australia this year could cut the levelised cost of energy by 3-4% for solar farms of 1MW or larger.

The post Trina targets Australia’s big solar market with new 500W module appeared first on RenewEconomy.

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China solar giant LONGi pledges to source 100% renewables by 2028

RenewEconomy - Tue, 2020-03-17 08:44

China PV manufacturer joins RE100 with pledge to use renewable energy only by 2028, says it “firmly believes” world can get to 100% renewables by 2050.

The post China solar giant LONGi pledges to source 100% renewables by 2028 appeared first on RenewEconomy.

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Oregon governor has authority to roll out cap-and-trade scheme, state DOJ finds

Carbon Pulse - Tue, 2020-03-17 07:40
Oregon can implement an ETS on direct and indirect sources of emissions using existing legislative authority, the state’s Department of Justice (DOJ) concluded, though its legal analysis did not address whether state-run auctions could occur.
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Airlines’ CORSIA offset requirements could skew lower with flexibility provision -analysis

Carbon Pulse - Tue, 2020-03-17 07:17
A flexibility mechanism built into the global aviation offset programme CORSIA could dampen carbon credit obligations during the scheme’s pilot phase to address coronavirus-related impacts on the emission baseline, eliminating the need for any changes to the underlying ICAO resolution, according to a green group's analysis.
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German ETS-covered plant emissions fell nearly 12% in 2019 -govt data

Carbon Pulse - Tue, 2020-03-17 05:39
Germany saw its EU ETS-covered emissions from stationary installations fall by nearly 12% last year, according to government figures released Monday, as the EU’s top emitter replaced a significant amount of coal-fired power with cheaper gas and renewables.
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How changes brought on by coronavirus could help tackle climate change

The Conversation - Tue, 2020-03-17 05:01
A move towards working from home, less air travel and prudent stimulus spending could flatten emissions growth in the longer term. Glen Peters, Research Director, Center for International Climate and Environment Research - Oslo Licensed as Creative Commons – attribution, no derivatives.
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Switzerland shuts emissions trading registry, extends compliance deadline over virus crisis

Carbon Pulse - Tue, 2020-03-17 04:01
Switzerland has closed its emissions trading registry and extended the ETS compliance deadline for emitters due to the COVID-19 coronavirus outbreak, the government announced Monday, adding that it had also cancelled this month’s allowance auction.
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EU’s climate action disrupted as Brussels scrambles to tackle coronavirus

Carbon Pulse - Tue, 2020-03-17 01:46
The pace of EU legislative activity on climate policy is set to slow as the response to COVID-19 coronavirus takes the attention of the bloc's institutions and as non-essential meetings are postponed. 
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How to argue with a racist: Five myths debunked

BBC - Tue, 2020-03-17 01:41
Stereotypes and myths about race are not just used by racists. Here's how to debunk five myths.
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EU Market: Carbon plummets 13% to sub-€20 levels as wider markets gripped by virus-fuelled sell-off

Carbon Pulse - Tue, 2020-03-17 00:58
EU carbon prices plummeted on Monday, falling below €20 for the first time in over a year as the coronavirus-fuelled sell-off in financial markets picked up pace despite governments ramping up emergency measures including the US Federal Reserve slashing interest rates to zero.
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NA Markets: CCAs, RGAs plummet in early-morning trading amid global slowdown fears

Carbon Pulse - Tue, 2020-03-17 00:36
California Carbon Allowances (CCA) and RGGI Allowance (RGA) prices dove on Monday morning after the US Federal Reserve announced further rate cuts to bolster the stock market as the coronavirus pandemic spread across North America.
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