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The Q3 California-Quebec auction will include slightly fewer allowances than the May quarterly sale, while the final WCI auction of 2021 is slated to see a more significant reduction, according to an auction noticed published Friday afternoon.

Companies should be subject to globally agreed carbon floor price to reach Paris climate goals

Companies with high greenhouse gas emissions should be subject to a carbon price of $75 a tonne of carbon dioxide, the International Monetary Fund has said, as a way of reaching the goals of the Paris climate agreement.

A carbon floor price would mean that companies, including energy generators and heavy industries, would have to pay for the carbon they produce. At present, many countries and regions have their own carbon pricing systems, but there is no globally agreed carbon price.

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A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Pennsylvania, North Carolina, Illinois, and California. 

EUA prices climbed above €52 as power price gains dragged carbon higher, while UKAs traded at a discount for the first time as the prospect of additional supply loomed larger.

Introducing a carbon price for buildings, paired with additional energy efficiency measures, will be needed for the sector to reduce its carbon footprint in a socially just manner, a Germany-based think-tank said Friday.

Cargo: Asistente en Comunicación Proyecto: Proyecto de Pago por Resultados de REDD en Paraguay Lugar de Destino: Asunción, Paraguay Sección/Unidad: UNEP ROLAC REDD UNIT

Cargo: Asociado(a) Gestión del Conocimiento Proyecto: Proyecto de Pago por Resultados de REDD en Paraguay Lugar de Destino: Asunción, Paraguay Sección/Unidad: UNEP ROLAC REDD UNIT

Cargo: Coordinador de Proyecto Pago Basado en Resultados de REDD (RBP) Proyecto: Proyecto de Pago Basado en Resultados de REDD 2014-2017 en Paraguay Lugar de Destino: Asunción, Paraguay Sección/Unidad: UNEP ROLAC REDD UNIT

Cargo: Especialista en Economía y Finanzas Sostenibles Proyecto: Proyecto de Pago por Resultados de REDD en Paraguay Lugar de Destino: Asunción, Paraguay Sección/Unidad: UNEP ROLAC REDD UNIT

South Korean carbon permits fell another 8% on Friday to hit their lowest since Dec. 2015, as sellers remained desperate to offload KAUs to boost the number of allowances they can bank into next year.

The best of this week’s wildlife pictures, including courting gannets and sleeping elephants

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China’s emissions trading market will likely see modest prices of around 40 yuan ($6.21) initially due to oversupply, quickly rising in the second half of the decade as the scheme is gradually tightened and more sectors brought in, analysts said Friday.

Welcome to the worst drought in an estimated 1,200 years

If water is the lifeblood of planet Earth, the American south-west is in big trouble.

John Wesley Powell, the one-armed US army civil war veteran who led the first white expedition down the Colorado River through the Grand Canyon – a daring boat run in 1869 – later became an ethnographer who wrote a prescient 1878 government paper titled: Report on the Lands of the Arid Regions of the United States. In it, he unflinchingly described the scarcity of water, and summarized that much of the American south-west, if it must be settled, should be settled lightly and modestly. Overpopulate it, and it will be unforgiving.

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The Philippines Department of Finance is backing an intensity-based emissions trading scheme initially limited to the power industry, rather than a carbon tax, according to reports in local media.

Three weeks of talks see little movement amid worries about the impact of Covid on poorer nations.

Networks expert and consumer advocate Mike Swanston shares his vision for Grid 3.0, and the central role that solar will play in it.

The post Great Solar Business Podcast: Grid 3.0 – What will the grid look like? appeared first on RenewEconomy.

Company hopes to repair cracks in the embankment next to the Yallourn mine by the middle of next week, but didn't reveal plans for river diversion.

The post EnergyAustralia has three options to avert Yallourn mine collapse appeared first on RenewEconomy.

LONGI Solar has unveiled it’s new Hi-MO N module, and launch a new “Lifecycle Quality” standard and showcase further module efficiency gains up to 25.21%.

The post LONGi launches N-type TOPcon bifacial module at SNEC 2021 appeared first on RenewEconomy.

Could this disaster have been avoided? And under climate change, how can the electricity grid prepare for more events like this?

The post Three weeks without power? That’s the reality for thousands in Victoria – and it will happen again appeared first on RenewEconomy.

Coalition controlled committee asks Angus Taylor to explain how new regulations issued for a key renewable energy funding body are not illegal.

The post Coalition controlled committee questions legality of new ARENA regulations appeared first on RenewEconomy.