Feed aggregator

California Carbon Allowance (CCA) prices dropped further this week as traders began to turn their attention to next month’s quarterly WCI sale, while RGGI Allowance (RGA) values climbed closer to the $9 level on heightened speculative interest.

Two privately-owned Bulgarian coal-fired plants may have saved around €30 mln in EU ETS obligations by under-declaring verified emissions covered by the EU ETS, according to a media investigation.

In the city, they fly along routes that mirror roads

Every evening in Sydney, clouds of bats move across the sky. They time their trip so that there is just too little light to make out anything more than a silhouette – which is just enough light so that you can see, very clearly, the outlines of their legs and feet knocking together – an entrechat – as they flap their wings.

I’m not sure that I will ever stop having the exact same thought about this: “Oh my God, you can see their feet knocking together. Oh my God.”

Continue reading...

Melbourne-based Renewable Energy Hub is launching a new OTC-based trading platform for carbon and clean energy products, it announced Friday, offering a range of compliance and voluntary instruments primarily targeting the Asia-Pacific region.

Without urgent action, Australia will continue to lose billions of dollars every year on invasive species. Corey J. A. Bradshaw, Matthew Flinders Professor of Global Ecology and Models Theme Leader for the ARC Centre of Excellence for Australian Biodiversity and Heritage, Flinders University Andrew Hoskins, Research scientist CSIRO Health and Biosecurity, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Climate change models predict tuna will leave the waters of Pacific Island nations, meaning they will lose a crucial revenue source. Katherine Seto, Research Fellow, University of Wollongong Johann Bell, Visiting Professorial Fellow, University of Wollongong Quentin Hanich, Associate Professor, University of Wollongong Simon Nicol, Adjunct professor, University of Canberra Licensed as Creative Commons – attribution, no derivatives.

UK utility Drax notched a 56% year-on-year cut in its ETS-covered generation for H1, after the company had largely drawn down its coal stockpiles.

Continue reading...

Italian utility Enel followed other major European generators in posting an uptick in EU ETS-covered thermal generation for H1 on Thursday, in line with an EU-wide rebound following last year's pandemic restrictions.

Foundation has received $400,000 in total pandemic support despite being awarded $443m government grant three years ago

Labor has asked the Morrison government to explain why a Great Barrier Reef-focused charity received jobkeeper despite still having hundreds of millions of dollars remaining from a nearly $500m grant it received three years ago.

The Great Barrier Reef Foundation, which expanded from six to 38 full-time staff after accepting a $443m grant that it did not request from the Turnbull government in 2018, confirmed it received about $351,000 in jobkeeper payments in the 2019-20 financial year.

Continue reading...

The study identifies each state’s most economically damaging species and warns costs could rise further without investment

Invasive plants, animals and diseases have cost Australia at least $390bn in damages and management costs over the past 60 years, according to research that has painted the most accurate picture yet of the economic burden of these invaders.

Feral cats are the costliest of the hundreds of individual species studied, accounting for just over $10bn in damages and management expenses. Rodents, pigs and rabbits came close behind.

Continue reading...

The US Senate voted to begin debate Tuesday night on a bipartisan infrastructure deal featuring provisions on clean energy, CCS, and hydrogen, but some Democrats called for legislators to go much further than these carbon reduction strategies.

Steelmaker ArcelorMittal has set itself a 2030 greenhouse gas reduction objective across its global operations and raised its European climate target, it said in quarterly results on Thursday.

It was scheduled to launch in 2007, but the 13m-long, 20-tonne laboratory is finally in position.

AEMO presents five scenarios for the energy transition, but only one delivers on climate targets and requites zero emissions grid by 2035.

The post Market operator to map path to zero emissions grid by 2035 appeared first on RenewEconomy.

EUAs reversed initial gains after tracking rising natural gas and power prices in early Thursday trade, amid a generally firmer energy complex heading into the peak holiday season.

People coming to the aid of the Wet’suwet’en nation to stop a pipeline are using direct action that is prompting terror charges

The night of 28 November, Samantha Brooks, 24, hunched over the railway tracks near Bellingham, Washington, about 32km (20 miles) south of the Canada-US border and installed a “shunt,” according to trial documents obtained by the Guardian.

Related: Dakota access pipeline: court strikes down permits in victory for Standing Rock Sioux

Continue reading...

At Lake Powell on the Arizona-Utah border, the water line has dropped to a historic low, taking a heavy toll on the local industry

Chaos erupted at Bill West’s business in Page, Arizona, last week when he was forced to tell dozens of paid clients their summer vacations were either canceled or on hold – effective immediately.

Related: ‘I can see the industry disappearing’: US fishermen sound alarm at plans for offshore wind

Continue reading...

The analysis draws on public health studies that conclude that for every 4,434 metric tons of CO2 produced, one person globally will die

The lifestyles of around three average Americans will create enough planet-heating emissions to kill one person, and the emissions from a single coal-fired power plant is likely to result in more than 900 deaths, according to the first analysis to calculate the mortal cost of carbon emissions.

The new research builds upon what is known as the “social cost of carbon”, a monetary figure placed upon the damage caused by each ton of carbon dioxide emissions, by assigning an expected death toll from the emissions that cause the climate crisis.

Continue reading...

In the last month, devastating weather extremes have hit regions across the world. From flash floods in Belgium to deadly temperatures in the US, from wildfires in Siberia to landslides in India, it has been an unprecedented period of chaotic weather. Climate scientists have long predicted that human-caused climate disruption would lead to more flooding, heatwaves, droughts, storms and other forms of extreme weather, but even they have been shocked by the scale of these scenes

• Extreme weather will be the norm and UK is not prepared, report warns
• ‘Record-shattering’ heat becoming much more likely, says climate study

Continue reading...