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VCM Report: CORSIA credit prices press higher, analyst predicts 2 bln-tonne annual VER demand

Carbon Pulse - Tue, 2021-07-20 07:51
CORSIA-grade offset values on the voluntary carbon market (VCM) stretched all-time highs this week, while an analyst said yearly demand for voluntary emissions reductions (VERs) could eventually top out near the 2 billion-tonne mark.
Categories: Around The Web

'One of the most damaging invasive species on Earth': wild pigs release the same emissions as 1 million cars each year

The Conversation - Tue, 2021-07-20 06:09
Wild pigs are on every continent, except Antarctica. All up, they likely turn over the the same amount of soil as the area of Taiwan. Christopher J. O'Bryan, Postdoctoral Research Fellow, School of Earth and Environmental Sciences, The University of Queensland Eve McDonald-Madden, Associate professor, The University of Queensland Jim Hone, Emeritus professor, University of Canberra Matthew H. Holden, Lecturer, School of Mathematics and Physics, The University of Queensland Nicholas R Patton, Ph.D. Candidate, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

World’s feral pigs produce as much CO2 as 1.1m cars each year, study finds

The Guardian - Tue, 2021-07-20 05:00

Researchers estimate the invasive species releases 4.9m metric tonnes of greenhouse gas annually by uprooting soil

The climate impact of wild pigs around the world is equivalent to the greenhouse gas emissions of 1.1m cars annually, according to new research.

Modelling by an international team of researchers estimates that feral pigs release 4.9m metric tonnes of carbon dioxide each year globally by uprooting soil.

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Euro Markets: Early EUA gains give way as macro worries mount

Carbon Pulse - Tue, 2021-07-20 04:17
EUAs reversed early gains on Monday as prices tracked a general sell-off in oil and other asset classes, where investors fled markets exposed to rising COVID infection rates.
Categories: Around The Web

The Guardian view on Germany’s floods: another wake-up call | Editorial

The Guardian - Tue, 2021-07-20 03:32

The lethal destruction in western states will frame the debate ahead of September’s vital election

Earlier this month, the German Greens unveiled an election poster designed to reassure voters who might be wary of their environmental radicalism. “Economy and climate without crisis”, went its slogan, suggesting that ambitious carbon reduction targets could be met without undue pain for jobs and industry. Days later, ecological crisis struck, in the form of the devastating floods that have overwhelmed western Germany, and parts of Belgium and the Netherlands. More than 190 people are so far known to have died, following flooding of an intensity and scale that has shocked scientists. The record levels of rain in north-west Europe followed record-breaking heat in the Americas. Extreme weather events are becoming the new normal, as climate models have long predicted. But some of the recent spikes have outstripped scientific predictions.

The eventual impact of the floods on Germany’s September election remains to be seen. But this disaster, which the country’s main political parties have broadly agreed was related to global warming, has thrust the climate crisis to the forefront of the campaign. On Sunday, Angela Merkel, who is standing down as chancellor, insisted that Germany needed to “up the pace in the fight against climate change”. Less impressively, the conservative frontrunner to succeed her, Armin Laschet, was caught on video sharing jokes with bystanders during a visit to a flooded town. As the president of North Rhine-Westphalia, one of the worst-hit states, the leader of the Christian Democratic Union can make amends by getting to the bottom of a lethal failure to translate satellite warnings into evacuations on the ground.

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‘A shocking failure’: Chevron criticised for missing carbon capture target at WA gas project

The Guardian - Tue, 2021-07-20 03:30

The Western Australian environment minister is seeking an explanation after the energy company fell short of its five-year target

The energy giant Chevron has conceded its self-described world’s biggest carbon capture and storage (CCS) project has failed to meet a five-year target for burying carbon dioxide under an island off Western Australia.

Climate campaigners believe the company should be heavily fined after it acknowledged on Monday that it had not met a requirement to capture and inject underground at least 80% of emissions from a gas reservoir over the first five years of the Gorgon liquefied natural gas (LNG) development

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Met Office issues first UK extreme heat warning

BBC - Tue, 2021-07-20 02:53
It covers south-west England and large parts of Wales as the UK experiences a prolonged hot spell.
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Jeff Bezos to blast into space aboard New Shepard rocket ship

BBC - Tue, 2021-07-20 01:48
Billionaire Jeff Bezos will launch into space in the first crewed flight of his rocket ship.
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Oregon Bootleg Fire: Evacuations as largest US fire burns 300,000 acres

BBC - Tue, 2021-07-20 01:42
The Bootleg Fire has burned an area larger than New York City and forced thousands to evacuate.
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European Commission launches consultations on ‘Fit for 55’ legislative proposals

Carbon Pulse - Mon, 2021-07-19 23:41
The European Commission is launching consultations on its ‘Fit for 55’ legislative proposals, in another feedback round that could influence the co-decision process among EU decision-makers.
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The Amazon is now a net carbon producer, but there’s still time to reverse the damage | Ane Alencar and Adriane Esquivel Muelbert

The Guardian - Mon, 2021-07-19 21:28

Brazil’s rainforest stores a huge amount of CO2. As it’s released at record rates, we may have passed a tipping point

The Amazon acts as a vital organ for our entire planet. The largest rainforest in the world, it provides an important function to both the Earth’s water and carbon cycles. The region, home to abundant and highly diverse species and ecosystems, houses more than 390bn trees. These have an exceptional capacity to recycle water by pumping it from the soil back up into the atmosphere, but also play a crucial role in storing carbon: the Amazon forest stores an amount of carbon equivalent to two to three times all the CO2 emitted by the UK since 1750. When trees die, either by natural causes or deforestation, this carbon can return to the atmosphere.

Related: Amazon rainforest now emitting more CO2 than it absorbs

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How a powerful US lobby group helps big oil to block climate action

The Guardian - Mon, 2021-07-19 20:00

The American Petroleum Institute receives millions from oil companies – and works behinds the scenes to stall or weaken legislation

When Royal Dutch Shell published its annual environmental report in April, it boasted that it was investing heavily in renewable energy. The oil giant committed to installing hundreds of thousands of charging stations for electric vehicles around the world to help offset the harm caused by burning fossil fuels.

On the same day, Shell issued a separate report revealing that its single largest donation to political lobby groups last year was made to the American Petroleum Institute, one of the US’s most powerful trade organizations, which drives the oil industry’s relationship with Congress.

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Chevron in negotiations with Western Australia govt on missed CCS target

Carbon Pulse - Mon, 2021-07-19 18:38
Chevron is in discussions with the WA government on how to make up for having missed the carbon capture and storage target at its Gorgon LNG facility, it said Monday, potentially having to buy several million carbon credits in compensation.
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Hubble space telescope's function is restored

BBC - Mon, 2021-07-19 18:21
Engineers restore the Hubble Space Telescope to full operations, after a computer glitch in June.
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Covid has made us use even more plastic – but we can reset | Christian Dunn

The Guardian - Mon, 2021-07-19 18:00

Lockdown has highlighted the versatility of this everyday material, while creating a mountain of waste

Every time you do a lateral flow coronavirus test, you throw away around 10g of plastic. If every adult and secondary school student in the UK did the recommended two tests a week, it would produce more than 1,000 tonnes of rubbish every seven days. In less than a month this would fill an Olympic-size swimming pool.

Those of us who before the pandemic were involved in campaigns to cut our dependence on plastic, encouraging our communities to become “plastic free”, may feel like criticising such consumption. Should we stop these tests, knowing what we do about the plastic pollution crisis?

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Doctors issue official guidance on effects of air pollution and bushfire smoke on pregnant people

The Guardian - Mon, 2021-07-19 17:21

Information should serve as ‘wake-up call’ that action on climate change is needed to protect people and their children

Download the free Guardian app; get our morning email briefing

New patient resources warning of the dangers of air pollution and bushfire smoke to pregnant people or those planning to conceive have been issued by the Royal Australian College of Obstetricians and Gynaecologists (RANZCOG), in what is thought to be a world-first.

Patients are warned to avoid exposureto air pollution on heavily trafficked roads, bushfire smoke or indoor smoke from things such as cigarettes, unflued fireplaces or incense.

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Bulgana big battery switches on, but its biggest customer has collapsed

RenewEconomy - Mon, 2021-07-19 15:37

The third big battery in Victoria starts production, but the project's major corporate customer has collapsed, ending plans for a very green greenhouse.

The post Bulgana big battery switches on, but its biggest customer has collapsed appeared first on RenewEconomy.

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Chevron concedes CCS failures at Gorgon, seeks deal with WA regulators

RenewEconomy - Mon, 2021-07-19 15:30

Gorgon lng gas project chevron carbon capture storage CCS - optimisedChevron seeks deal with WA regulators after conceding its Gorgon carbon capture and storage project is falling well short of targets.

The post Chevron concedes CCS failures at Gorgon, seeks deal with WA regulators appeared first on RenewEconomy.

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Wind output nears record levels as two big wind farms join the grid

RenewEconomy - Mon, 2021-07-19 15:28

Australia's main grid came close to a new record for wind energy output over the weekend, as two new wind projects began production for the first time.

The post Wind output nears record levels as two big wind farms join the grid appeared first on RenewEconomy.

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Swiss researchers offer salt solution to perovskite solar’s toxic problem

RenewEconomy - Mon, 2021-07-19 14:44

New Swiss study proposes salt solution to pave way for solar's most promising emerging technology: perovskite-based cells.

The post Swiss researchers offer salt solution to perovskite solar’s toxic problem appeared first on RenewEconomy.

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