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CP Daily: Tuesday August 20, 2019

Carbon Pulse - Wed, 2019-08-21 08:08
A daily summary of our news plus bite-sized updates from around the world.
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Analysts lower near-term WCI price forecast on weaker fundamentals

Carbon Pulse - Wed, 2019-08-21 08:01
More abundant hydroelectric power generation and stagnant fuel consumption should help depress WCI carbon prices in the near-term, but increased power demand from electric vehicle adoption could take allowance values higher over the next decade, analysts said.
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Qld Govt move to crack down on Extinction Rebellion protesters

ABC Environment - Wed, 2019-08-21 07:53
The Qld Government has introduced legislation targeting members of the group known as Extinction Rebellion, who they have called "extremist protesters".
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Climate explained: why we need to cut emissions as well as prepare for impacts

The Conversation - Wed, 2019-08-21 06:05
New Zealand is small and generates a tiny fraction of global greenhouse gas emissions, but investment in cutting emissions is important and could influence other, larger countries. Ralph Brougham Chapman, Associate Professor , Director Environmental Studies, Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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RINs jolt on news that Trump may respond to recent biofuel waivers  

Carbon Pulse - Wed, 2019-08-21 04:37
US biofuel credit (RIN) prices surged on Tuesday on news that President Donald Trump may reassess his position on Renewable Fuel Standard (RFS) compliance waivers following a backlash in the Midwest over the administration’s recent issuances.
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Airline Lufthansa adds clean fuel option in new offset platform

Carbon Pulse - Wed, 2019-08-21 03:41
German airline Lufthansa has begun to offer passengers the option of offsetting any flight emissions with sustainable aviation fuel, despite it costing around 30 times more than traditional carbon-cutting projects.
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North Carolina RGGI linkage may not drive deep CO2 cuts -report

Carbon Pulse - Wed, 2019-08-21 02:40
Implementing a power sector ETS in North Carolina and linking to the Northeast US RGGI programme may not stimulate significant emissions reductions in the state compared to other policy approaches, according to a new government report.
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ANALYSIS: Softer August WCI auction result seen after bearish market trend

Carbon Pulse - Wed, 2019-08-21 02:35
Traders are anticipating another settlement below the secondary market for the quarterly WCI auction, as compliance entities look to take advantage of the programme's recent bearish trend and scoop up allowances at discounted levels.
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Why carbon offsetting is not the panacea Harry and Meghan might think it is

The Guardian - Wed, 2019-08-21 01:04
Elton John claimed the Duke and Duchess of Sussex’s private jet use was ‘carbon neutral’. The reality is more complicated

Elton John has attacked the criticism of the use of private jets by the Duke and Duchess of Sussex – reportedly four journeys in 11 days – by saying he not only paid for the plane, but also paid to offset its giant carbon emissions. “We ensured their flight was carbon neutral,” he tweeted.

The world of carbon offsetting flights – where you can pay to have the equivalent of your emissions ‘cancelled out’ by projects that lower or remove emissions, such as reforestation or renewable energy – is not clearcut. While some argue it is better than doing nothing, others say it allows frequent flyers to assuage their guilt and the aviation industry to grow.

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Fracking: UK shale reserves may be smaller than previously estimated

BBC - Wed, 2019-08-21 01:01
Previous research suggested 50 years of shale gas under the UK, but a new study says it could be less than 10.
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EU Midday Market Brief

Carbon Pulse - Tue, 2019-08-20 22:26
EU carbon prices extended their rebound into a second day on Tuesday, briefly climbing back above €27 on more bargain-hunting and technical buying and as selling pressures eased.
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Hawaii protests continue against a volcano telescope

BBC - Tue, 2019-08-20 22:01
Celebrities have joined protestors in Hawaii as a campaign to stop the building of a telescope on a volcano enters its sixth week.
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Nasa confirms ocean moon mission

BBC - Tue, 2019-08-20 21:50
Scientists working on a mission to the ocean moon of Europa can proceed with the final design and construction of the spacecraft, Nasa has said.
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The wheels turn as consumer interest in electric vehicles doubles

RenewEconomy - Tue, 2019-08-20 21:11

buying tesla model 3New data shows consumer interest in EVs in Australia has doubled, marking a turnaround moment for the local market and the battle to reduce transport-related emissions.

The post The wheels turn as consumer interest in electric vehicles doubles appeared first on RenewEconomy.

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Chandrayaan-2: India spacecraft begins orbiting Moon

BBC - Tue, 2019-08-20 20:41
The $145m Chandrayaan-2 aims to become the first space mission to land on the Moon's south pole.
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Climate change: Iceland holds funeral for melted glacier

BBC - Tue, 2019-08-20 18:38
It's thought Okjokull is the country's first glacier to be lost as a result of climate change, following the hottest July ever recorded.
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Data Analyst, Micro Energy Credits Corporation – Mumbai

Carbon Pulse - Tue, 2019-08-20 17:55
As a Data Analyst you will analyse, prepare, and process large data sets we receive from our partners and customize them for our carbon credits program. You will also analyse and process them to be consumed for direct market insights, statistical modelling and other analytical exploration for our products portfolio.
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Australia taking six years to list threatened habitats under environment laws

The Guardian - Tue, 2019-08-20 16:50

Senate inquiry hears that major threats to wildlife are not being recognised because of environment department budget cuts

Australia is taking at least six years to list habitats as threatened under national environment laws, an inquiry examining the country’s extinction crisis has heard.

The Humane Society International (HSI) also said that potential major threats to Australia’s wildlife are going unexamined because “we’re not even spending the meagre funds required” to look into them.

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Prices fall to zero across mainland states in Australian’s main grid

RenewEconomy - Tue, 2019-08-20 15:57

Prices fall to zero across mainland states in Australia's National Electricity Market on Tuesday.

The post Prices fall to zero across mainland states in Australian’s main grid appeared first on RenewEconomy.

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Turbines spinning for first time at Kennedy solar-wind-battery project

RenewEconomy - Tue, 2019-08-20 15:49

Kennedy wind-solar-battery hub says it has generated for the first time.

The post Turbines spinning for first time at Kennedy solar-wind-battery project appeared first on RenewEconomy.

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