Around The Web

A daily summary of our news plus bite-sized updates from around the world.

US healthcare giant Cigna makes $45m investment in Brisbane-based EV fast charger maker Tritium.

The post US healthcare giant tips $45m into Australian EV charging company Tritium appeared first on RenewEconomy.

California regulator ARB opened an investigation on Friday into a Wisconsin-based livestock project for failing to meet regulatory compliance during its fourth reporting period, with nearly all the 15,000 credits under review used last year by an oil major.

A California budget proposal to amend the state's WCI-linked carbon market would likely not make any near-term changes to allowance prices, but is necessary to ensure the scheme helps the state reach its long-term climate goals, a state senator told Carbon Pulse on Friday.

WCI compliance entities cut California Carbon Allowance (CCA) holdings after the Q2 auction, while speculators’ kept their net long position roughly unchanged from the previous week, according to US Commodity Futures Trading Commission (CFTC) data released Friday.

Communities and advocates decry ‘backflip’ after years of planning for statewide framework to reduce toxic air

The Berejiklian government has abandoned a long-held commitment to adopt a statewide policy on air pollution after years of planning that included a state summit on the issue.

The decision to drop a standalone clean air strategy has sparked anger from communities living near major sources of pollution, such as coal-fired power stations, who say without an overarching strategy they can have no confidence their air quality will improve.

Continue reading...

The European Commission has toughened up its requirements to finance emission reduction projects under its yet-to-be-launched Innovation Fund, but some stakeholders pointed out inconsistencies after the EU's executive unveiled the mechanism's funding criteria on Friday.

The world cannot afford to let the coronavirus pandemic distract us from the destruction of the rainforest

A consensus that international cooperation is required to limit the danger from global heating has existed for decades. The success of the rearguard action against this knowledge, led by fossil fuel interests, is a catastrophe whose full extent is yet to unfold. Central bankers are now demanding that a “whole economy transition” must follow the pandemic if the world is to avoid the extreme disruption that temperature rises of 4C would bring.

Arguably, the chaos unleashed by coronavirus has made such a future seem less remote, and action to prevent it more necessary. The risk is that the virus will have the opposite effect: focusing minds on the threat right now rather than the one that can be ignored for a few more years.

Continue reading...

The pick of the world’s best flora and fauna photos, including hugging sloths and a lost whale

Continue reading...

Your new company is an asset manager with a significant investment in a new organisation developing green fuel and renewable energy through Biomass and Pyrolysis. 

The Q2 RGGI auction settled below the secondary market, results published Friday showed, with a subsidiary of Virginia-based Dominion Energy participating in the sale prior to the state’s official entrance in the Northeast US power sector ETS next year.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

EUAs surged by over 4% to a three-month high on Friday, climbing back to pre-lockdown levels as oil gains and surprise US jobs numbers helped lift the wider energy complex and carbon's technical signals continued to point north.

Record traffic for TreeTalk sparks global interest as users reconnect with the species that line their streets

An online mapping tool featuring the location and species of more than 700,000 trees in London has had a fiftyfold increase in visitors to its site since the coronavirus lockdown measures were put in place.

The founders of TreeTalk, which creates a walk specific to a user’s location and identifies trees on the route, say an increase in people spending more time at home getting to know their natural surroundings has led to a surge in interest. There are now calls to bring the app to other cities in the UK and abroad. TreeTalk is currently discussing a proposal with an east coast city in the US, while cities in Australia and India have also expressed interest.

Continue reading...

Businesses and city leaders are urged to back the Race to Zero campaign ahead of the COP26 summit in Glasgow next year.

California Low Carbon Fuel Standard (LCFS) credits have closed in on the transportation programme’s impending price cap over the past week after a state agency gave final approval for that cost containment mechanism to take effect.

The US Air Force will pit an advanced autonomous aircraft against a piloted plane in tests.

The RSPCA is caring for the gannet and suspects it was "blown off course".

New Zealand carbon allowances rose again in Friday trade, ending the week almost 16% above levels seen prior to the government’s Tuesday announcement on moving the fixed price option level.

• About 4,000 mine workers infected in 18 countries
• Virus spread to indigenous communities near mines
• Coronavirus – latest global updates

Mining sites in Canada, the US and around the world have become hotspots for the spread of coronavirus, and approximately 4,000 mine workers in 18 countries have tested positive, according to a report by an international coalition of non-profit groups.

Related: Canada: minister says Covid-19 lockdown a 'great time' to build pipeline

Continue reading...