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CP Daily: Friday January 15, 2021

Carbon Pulse - 3 hours 3 min ago
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Biden administration unlikely to use carbon pricing to hit US climate goals -experts

Carbon Pulse - 7 hours 51 min ago
US President-elect Joe Biden (D) is unlikely to prioritise a federal carbon pricing plan despite the Democrats now controlling the Senate, while the executive and legislative branches may work in tandem to advance other decarbonisation policy goals, a panel heard Friday.
Categories: Around The Web

WCI compliance entities cut California carbon holdings as financials boost position

Carbon Pulse - 7 hours 55 min ago
Regulated entities unwound their California Carbon Allowance (CCA) holdings for the fifth straight week as speculators bolstered their positions by roughly the same amount, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
Categories: Around The Web

POLL: Analysts again raise EUA price estimates, but little upside seen in 2021 following latest rally

Carbon Pulse - 9 hours 26 min ago
Analysts have raised their forecasts for EU carbon allowances in 2021, though most don’t see prices rising this year much beyond this month’s record high.
Categories: Around The Web

Two more RFS participants argue commodity trader failed to deliver biofuel credits

Carbon Pulse - 10 hours 15 min ago
Two participants in the US Renewable Fuel Standard (RFS) market have filed or sought to intervene in lawsuits that allege a Texas-based commodity shop violated contractual obligations to deliver biofuel credits (RINs), bringing the total number of involved parties to four.
Categories: Around The Web

EU Market: EUAs plummet 5% as gas rout persists

Carbon Pulse - 10 hours 21 min ago
EUAs dropped to below €32 on Friday, falling further amid continued losses to the energy complex and cancelling out gains since new year that had pushed carbon to record highs.
Categories: Around The Web

California watchdog urges state to adjust future cap-and-trade supply, alter free allocations

Carbon Pulse - 10 hours 41 min ago
A California oversight committee urged regulator ARB to address the WCI carbon allowance surplus to ensure the state hits its long-term climate goal, while continuing calls to alter industrial allocation and the design of quarterly auctions.
Categories: Around The Web

US EPA to solicit comments on RFS general waiver requests

Carbon Pulse - 11 hours 42 min ago
The US EPA indicated Friday that it will solicit public feedback on requests to waive or reduce 2019 and 2020 biofuel blending requirements under the Renewable Fuel Standard (RFS) brought forth by small refiners and oil-state governors last year.
Categories: Around The Web

EU carbon border levy most effective if revenues ‘recycled’ into clean tech -report

Carbon Pulse - 11 hours 45 min ago
A carbon border adjustment mechanism (CBAM) will be most effective if the EU reinvests revenues into R&D for low-carbon technologies and clinches multilateral deals with trade partners, according to a report released this week.
Categories: Around The Web

US-based investment bank hires former RGGI compliance trader

Carbon Pulse - 13 hours 38 min ago
A New York-based environmental trader has joined an multinational investment firm after spending the past decade at a RGGI compliance entity.
Categories: Around The Web

Celebrity power undermining global conservation efforts, scientists warn

The Guardian - Fri, 2021-01-15 22:42

Hostile dispute over trophy hunting fuelled by ‘myths driven by emotion and morality that ignore critical facts’

Leading scientists have warned that global conservation is being undermined by celebrity power after they suffered death threats and abuse in a hostile dispute over trophy hunting.

Groups such as the Campaign to Ban Trophy Hunting and Born Free are pressuring the UK and US governments to ban trophy hunting, with support from many famous names, much of the public and more than 150 MPs across the political spectrum.

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Categories: Around The Web

Air pollution will lead to mass migration, say experts after landmark ruling

The Guardian - Fri, 2021-01-15 21:28

Call for world leaders to act in wake of French extradition case that turned on environmental concerns

Air pollution does not respect national boundaries and environmental degradation will lead to mass migration in the future, said a leading barrister in the wake of a landmark migration ruling, as experts warned that government action must be taken as a matter of urgency.

Sailesh Mehta, a barrister specialising in environmental cases, said: “The link between migration and environmental degradation is clear. As global warming makes parts of our planet uninhabitable, mass migration will become the norm. Air and water pollution do not respect national boundaries. We can stop a humanitarian and political crisis from becoming an existential one. But our leaders must act now.”

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Categories: Around The Web

Toxic waste lies beneath schools and homes, UK landfill map shows

The Guardian - Fri, 2021-01-15 18:00

Experts say council funding shortfalls mean many old landfills not being dealt with appropriately

Hundreds of landfills around the UK containing hazardous waste are located beneath green spaces, schools and housing, analysis of official data has found.

Experts say authorities are “setting themselves up for a large sequence of nasty surprises” if the toxic substances were to escape, with council funding shortfalls meaning many sites are not being dealt with appropriately. The contents of hundreds of sites remain unknown even to the Environment Agency (EA).

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Categories: Around The Web

Joe the pigeon's life may be spared after fake leg tag suggests he's not from US

The Guardian - Fri, 2021-01-15 15:21

Thought at first to be a racing pigeon posing a biosecurity risk, Joe could be free as a bird after suggestion of mistaken identity

Australia’s Department of Agriculture is making inquiries after the American Pigeon Racing Union claimed that Joe, a pigeon that was thought to have travelled to Australia from the US, is actually a fraud – a revelation that may well save his life.

The public rallied to the defence of Joe after Australian agricultural authorities said he would be euthanised to prevent the risk of diseases from the US being transmitted to Australian native birds.

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Categories: Around The Web

75% of Australia's marine protected areas are given only 'partial' protection. Here's why that's a problem

The Conversation - Fri, 2021-01-15 14:50
Partially protected areas don't have more wildlife than unprotected areas. They consume conservation resources and occupy space that could otherwise be allocated to more effective protection. John Turnbull, Postdoctoral research associate, UNSW Carly Cook, Lecturer Head, Cook Research Group; School of Biological Sciences , Monash University Emma Johnston, Professor and Dean of Science, UNSW Graeme Clark, Senior Research Associate in Ecology, UNSW Kelsey Roberts, Post doctoral researcher at the School of Marine and Atmospheric Sciences, Stony Brook University (The State University of New York) Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Broome shopping centre to host massive solar and battery system

RenewEconomy - Fri, 2021-01-15 14:10

A Broome shopping centre will feature a 1.2MW of solar and its own battery after gaining clearance from Horizon Power.

The post Broome shopping centre to host massive solar and battery system appeared first on RenewEconomy.

Categories: Around The Web

AEMC fast-tracks new rules for identifying electricity system risks

RenewEconomy - Fri, 2021-01-15 13:03

power lines network infrastructure ARENA Monash Grid Innovation Hub - optimisedAEMC to fast-track assessment of new rules requiring energy regulators to undertake annual reviews of energy system security risks.

The post AEMC fast-tracks new rules for identifying electricity system risks appeared first on RenewEconomy.

Categories: Around The Web

Seagrass 'Neptune balls’ sieve millions of plastic particles from water, study finds

The Guardian - Fri, 2021-01-15 11:15

Researchers counted particles in seaballs that washed up on beaches in Spain

Underwater seagrass in coastal areas appear to trap plastic pollution in natural bundles of fibre known as “Neptune balls”, researchers have found.

With no help from humans, the swaying plants – anchored to shallow seabeds – may collect nearly 900m plastic items in the Mediterranean alone every year, a study reported in the journal Scientific Reports said.

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Categories: Around The Web

Australian company reveals ‘positive’ results for zero carbon lithium production

RenewEconomy - Fri, 2021-01-15 11:09

batteries lithium ion - optimisedASX-listed Vulcan Energy Resources unveils pre-feasibility study for profitable, zero carbon, lithium plant in Germany

The post Australian company reveals ‘positive’ results for zero carbon lithium production appeared first on RenewEconomy.

Categories: Around The Web

Wollemi pines given special protected status after being saved from bushfire disaster

The Guardian - Fri, 2021-01-15 10:58

NSW environment minister Matt Kean to declare ‘dinosaur trees’ an asset of international significance

The world’s only known natural stand of Wollemi pines has become the first site in New South Wales to be given special protected status to try to ensure its survival for future generations.

The environment minister, Matt Kean, will declare the so-called “dinosaur trees” an asset of intergenerational significance after heroic efforts by remote area firefighters in the Blue Mountains world heritage area saved the pines during the 2019-20 bushfire disaster.

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Categories: Around The Web

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