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Traders are anticipating the upcoming Q3 RGGI auction to settle at or slightly above the secondary market, with compliance entities holding allowances close to current emissions through the first half of the year.

At least 866 arrested since April, as police condemned for violence against protesters defending Vancouver Island’s ancient forests

A string of protests against old-growth logging in western Canada have become the biggest act of civil disobedience in the country’s history, with the arrest of least 866 people since April.

The bitter fight over the future of Vancouver Island’s diminishing ancient forests – in which activists used guerrilla methods of resistance such as locking their bodies to the logging road and police responded by beating, dragging and pepper-spraying demonstrators – has surpassed the previous record of arrests set in the 1990s at the anti-logging protests dubbed the “War in the Woods”.

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Virtually all of Australia's coal reserves must go unburnt, and global fossil fuel use must peak 'over next decade', new research finds.

The post 95 per cent of Australia’s coal must remain in ground to meet global climate targets appeared first on RenewEconomy.

Analysis shows future is bleak for fossil fuel industry with trillions of dollars of assets at stake

The vast majority of fossil fuel reserves owned today by countries and companies must remain in the ground if the climate crisis is to be ended, an analysis has found.

The research found 90% of coal and 60% of oil and gas reserves could not be extracted if there was to be even a 50% chance of keeping global heating below 1.5C, the temperature beyond which the worst climate impacts hit.

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Three Indiana-based offset projects are seeking to transition into the Low Carbon Fuel Standard (LCFS), with the new petition following similar efforts by dairy digesters over the past few years, according to documents published by state regulator ARB on Wednesday.

The European Securities and Markets Authority "stands ready" to raise concerns voiced in a complaint about alleged market abuse in the EU ETS filed by a participant, according to email correspondence seen by Carbon Pulse, and with relevant committees and agencies the watchdog said they will consider action.

Carbon and natural gas prices are likely to diverge in the coming months, as gas supply improves and the surplus of EU emissions allowances shrinks, according to an analyst.

EU carbon prices erased Tuesday's loss in early trading on Wednesday, climbing within a few cents of their record after TTF natural gas prices surged on the back of reduced production at a key North Sea platform.

Campaign launched to protect 80% of Amazon and for conservation to be based on human rights as indigenous peoples get to vote at key gathering

Indigenous voices on the environment are finally being heard as Marseille hosts a global biodiversity summit, with a call to protect 80% of the Amazon, as well as a “counter conference” highlighting the conservation movement’s historic violation of people’s rights.

For the first time in its seven-decade history, the International Union for Conservation of Nature (IUCN) is including indigenous peoples as full voting members. Dozens of indigenous meetings are happening at the summit – which occurs every four years – with representatives from 23 organisations.

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South Korea’s monthly CO2 auctions continue to draw limited interest despite strong price growth, with buyers picking up fewer than half the available allowances at Wednesday’s September sale.

Mitsubishi will partner with Shell on a project to produce hydrogen from Canada to Japan and other Asian markets from the latter half of this decade, the company announced on Wednesday.

There is overwhelming interest in conservation finance from global investors, but access to finance tools such as biodiversity offsets and investable large-scale deals remains a roadblock, according to research published on Wednesday.

New Zealand carbon allowances raced to new highs in Wednesday trade, as the EPA posted data showing a 33% increase in speculator NZU holdings in the June quarter.

A mobile plug-and-play solar plant will help power greener hydrogen production at the world’s largest open pit platinum mine, and fuel the world’s largest HFC mining truck.

The post Plug-and-play solar tapped to green up hydrogen production at massive platinum mine appeared first on RenewEconomy.

Spending watchdog says home insulation drive was fatally rushed and missed chance to cut heating bills and create jobs

A “botched” scheme to insulate England’s draughty homes collapsed after six months because officials rushed its design, put in place an undeliverable timetable, and failed to heed industry warnings, Whitehall’s spending watchdog has found.

The National Audit Office (NAO) blamed the government for scuppering the opportunity to help households to improve the energy efficiency of their homes, reduce carbon emissions, and create tens of thousands of jobs by rushing the flagship scheme.

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These sleek and slender birds have lost their bright spring plumage and will soon leave for sunnier climes

In spring, yellow wagtails (Motacilla flava) are so bright they look like flying lemons – or, as a birding buddy of mine memorably described them, “like an effing canary”.

But now, at the start of autumn, the juvenile bird I’m watching is far less conspicuous. Olive-brown above, buffish-yellow below, he almost blends in with the muddy earth, churned up by the cattle among which it feeds.

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The public consultation period for assessment for export accreditation will be open until COB 15 October 2021.

How the federal government strikes a balance between ‘genuine abatement’ and ‘commercial participation’ will be a focus of new credit mechanism.

The post Changes to safeguard mechanism could deliver low cost credits to large industrial buyers appeared first on RenewEconomy.

Engie’s head of green mobility in Australia on the company’s plans to be a major supplier of EV chargers and its interest in V2G.

The post The Driven Podcast: From coal to renewables and EV charging appeared first on RenewEconomy.