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California diesel consumption eclipsed 2019 levels in November amid heavy port activity in the Golden State, while gasoline sales continued to languish during the COVID-19 pandemic, according to state data published Monday.

The free allocation of the first carbon allowances under the UK's new emissions trading scheme is being held up because the handouts depend on EU calculations, even though the systems are separate.

The SpaceX mission will make Hayley Arceneaux the first person with a prosthesis to visit space.

The US EPA on Monday said it now supports a federal court ruling last year that reined in the agency’s granting of compliance waivers under the Renewable Fuel Standard (RFS), a reversal of its stance from the previous administration.  

Did Texas' wind turbines fail during the blackout? No. The deeper problem was a lack of planning and good investment, and the dangers of relying on gas.

The post Did wind power ‘fail’ during the Texas blackout? A deep dive appeared first on RenewEconomy.

Pennsylvania’s Department of Environmental Protection (DEP) will continue to advance its RGGI-modelled cap-and-trade regulation this year despite a state committee last week recommending that the agency delay the finalisation by one year. 

Voluntary emissions reduction (VER) values remained firm this week on persistent demand, while traders and project developers assessed whether more California compliance offset projects may seek higher values in the voluntary carbon market (VCM) going forward. 

Australia needs to drop the deception that square kilometres say anything meaningful about conservation. Bob Pressey, Professor, Conservation Planning, ARC Centre of Excellence for Coral Reef Studies, James Cook University Jorge G. Álvarez-Romero, Senior Research Fellow, James Cook University Rodolphe Devillers, Senior research scientist, Institut de recherche pour le développement (IRD) Trevor J Ward, Visiting Fellow, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

Given climate change predictions of more extreme floods in New Zealand, it's time to change management practices to work with a river, allowing it room to move and its channels to adjust. Gary John Brierley, Professor, Chair of Physical Geography, University of Auckland Dan C H Hikuroa, Senior Lecturer, University of Auckland Heide Friedrich, Associate Professor in Civil and Environmental Engineering, University of Auckland Ian Christopher Fuller, Professor in Physical Geography, Massey University James Brasington, University of Canterbury Jo Hoyle, River Geomorphologist, National Institute of Water and Atmospheric Research Jon Tunnicliffe, Senior Lecturer in River Science, University of Auckland Kristiann Allen, Associate Director, Policy and International Relations at Koi Tū Centre for Informed Futures, University of Auckland Richard Measures, National Institute of Water and Atmospheric Research Licensed as Creative Commons – attribution, no derivatives.

EUAs lifted 1.5% on Monday as a late surge briefly pushed prices above €38, reversing earlier losses after a breach of technical support failed to trigger further falls.

*PREMIUM LISTING (viewable by non-subscribers) – In this role, you will combine your trading experience, industry relationships and analytical skills as you work with other trading houses, carbon retailers and customers and manage risk across ClimatePartner’s voluntary carbon markets project portfolio.

Larch Maxey’s exit leaves four in tunnel, as judge grants possession order to HS2

A fifth HS2 protester has voluntarily left the Euston tunnel, leaving four people still in occupation.

The decision by Dr Larch Maxey came on the same day that a high court judge granted a possession order to HS2 for the site in London.

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This position is responsible for developing Environmental Market analysis for Shell Energy Europe and Environmental Products. The successful candidate will lead the production of high-quality analytics, targeted directly at producing commercial recommendations which add value to the trading bottom line.

As climate impacts intensify, power grids stuffed with ageing fossil fuel infrastructure crumble

Climate change is full of surprises. We were warned about heatwaves, hurricanes and high-intensity firestorms. What we didn’t see coming was a cynical, cyclical economy of blackout bullshit. As climate impacts intensify, power grids stuffed with ageing fossil fuel infrastructure crumble. Those blackouts are usually blamed on wind and solar – and used to extend the lifespan of existing fossil fuel generators. Opportunity costs increase, climate impacts worsen and blackouts intensify. It’s an accelerating death spiral.

Last week Texas suffered an outage likely to be the worst on record in the US. Millions of people were without power for days, initially at a scale roughly equivalent to all of eastern Australia going dark at once. A burst of winter weather froze vital components at power stations, gas supplies were limited by frozen pipelines and, consequently, a third of the state’s thermal power stations were offline (mostly gas). An unspecified proportion of wind turbines were disabled due to icing and low-temperature shutoffs, but “gas and coal were actually the biggest culprits in the crisis”, Eric Fell, director of North America gas at Wood Mackenzie, told Bloomberg.

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The US space agency has movies its Perseverance robot shot in the approach to last week's touchdown.

The Low Carbon Trader will trade carbon emission credits within the Low Carbon Trading (LCT) Team and will be integral to the success of bp’s low energy transition. This trader will manage compliance and entrepreneurial positions, as well as be responsible for pricing and supporting the low carbon origination activity in Trading & Shipping.

NSW government to draw upon the state's energy experts to seize green industry opportunities, unveiling the first Renewable Energy Sector Board.

The post NSW appoints first Renewable Energy Sector Board to guide energy plan appeared first on RenewEconomy.

Japanese oil and gas firm Inpex has agreed to buy 5 million carbon credits over a five-year period from the Rimba Raya REDD project in Indonesia, it said Monday.

A Swiss non-profit is developing a method for standardising climate neutral commodity transactions, attracting interest from major trading houses keen to align with the Paris Agreement.

Chevron will supply Singapore-based energy trader Pavilion with 500,000 tonnes of LNG annually from 2023, with each shipment accompanied by a statement on associated carbon emissions, in a bid to encourage voluntary offset trading.