Around The Web

Australia Market Roundup: ACCU issuance drops, UN credits dominate voluntary demand

Carbon Pulse - Tue, 2020-12-01 13:32
The issuance of new carbon credits in Australia over the past week fell to near zero, while generator EnergyAustralia demonstrated the bulk of voluntary demand remains for international units despite the string growth in the domestic offset market.
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Climate emergency or not, New Zealand needs to start doing its fair share of climate action

The Conversation - Tue, 2020-12-01 13:21
New Zealand is one of few countries to enshrine a zero-carbon goal in law, but current climate policies don't keep up with that ambition. Robert McLachlan, Professor in Applied Mathematics, Massey University Licensed as Creative Commons – attribution, no derivatives.
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Feeling pressured to buy Christmas presents? Read this (and think twice before buying candles)

The Conversation - Tue, 2020-12-01 13:10
Novelty items, candles, pamper products and pyjamas top the list of unwanted Christmas gifts. So why not choose a better, greener option? Gary Mortimer, Professor of Marketing and Consumer Behaviour, Queensland University of Technology Jana Bowden, Associate Professor of Marketing and Consumer Behaviour, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
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GE unveils 6MW onshore wind turbine – its most powerful yet

RenewEconomy - Tue, 2020-12-01 13:03

Global engineering giant unveils its most powerful onshore wind turbine yet, a 6MW version of its Cypress line of turbines, surpassing the 5.3MW model.

The post GE unveils 6MW onshore wind turbine – its most powerful yet appeared first on RenewEconomy.

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Victoria petrol and diesel cars to get ICE-y reception in EV parking spots

RenewEconomy - Tue, 2020-12-01 12:43

kona ev only parkCombustion engine and non-pluggable hybrid vehicles will be fined if found parking in electric car parking spots.

The post Victoria petrol and diesel cars to get ICE-y reception in EV parking spots appeared first on RenewEconomy.

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Stanwell partners with Japan’s Iwatani to develop Gladstone green hydrogen export hub

RenewEconomy - Tue, 2020-12-01 12:24

hydrogen fuel cell vehicle flickr Dave Pinter - optimisedQueensland's Stanwell Corp partners with Japanese hydrogen giant Iwatani to kick start work towards Gladstone green hydrogen export terminal.

The post Stanwell partners with Japan’s Iwatani to develop Gladstone green hydrogen export hub appeared first on RenewEconomy.

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Australian scientists map millions of galaxies with new telescope

BBC - Tue, 2020-12-01 12:02
A powerful telescope in Australia gives a glimpse of three million galaxies in record time.
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Transparency lost as Taylor seizes control of now “secret” energy minister forums

RenewEconomy - Tue, 2020-12-01 12:01

Angus reforms Taylor COAG Energy Council reliability - optimisdKey energy market players renew calls for Angus Taylor to increase transparency and consultation with experts in meetings of energy ministers.

The post Transparency lost as Taylor seizes control of now “secret” energy minister forums appeared first on RenewEconomy.

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CP Daily: Monday November 30, 2020

Carbon Pulse - Tue, 2020-12-01 11:13
A daily summary of our news plus bite-sized updates from around the world.
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Climate change: Temperature analysis shows UN goals 'within reach'

BBC - Tue, 2020-12-01 11:10
Moves by China, along with the election of Joe Biden, make temperature targets more achievable.
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Australia’s states have been forced to go it alone on renewable energy, but it’s a risky strategy

RenewEconomy - Tue, 2020-12-01 10:24

Several Australian states are going it alone on the the energy transition, forced to act on renewables after the federal government effectively vacated the policy space.

The post Australia’s states have been forced to go it alone on renewable energy, but it’s a risky strategy appeared first on RenewEconomy.

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Amazon deforestation surges to 12-year high under Bolsonaro

The Guardian - Tue, 2020-12-01 09:43

An area seven times larger than Greater London has been lost in what one activist called a ‘humiliating and shameful’ destruction

A vast expanse of Amazon rainforest seven times larger than Greater London was destroyed over the last year as deforestation surged to a 12-year high under Brazil’s far-right president Jair Bolsonaro.

Figures released by the Brazilian space institute, Inpe, on Monday showed at least 11,088 sq km of rainforest was razed between August 2019 and July this year – the highest figure since 2008.

Continue reading...
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Vales Point owners pocket another $62m dividend from coal generator bought for $1m

RenewEconomy - Tue, 2020-12-01 09:10

Vales Point power station sale decomissioning rehabilitation - optimisedVales Point owners share in another $62 million windfall dividend from ageing coal generator they bought from NSW government for just $1 million.

The post Vales Point owners pocket another $62m dividend from coal generator bought for $1m appeared first on RenewEconomy.

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NSW and ACT ministers play it cool on electric car tax

RenewEconomy - Tue, 2020-12-01 09:00

investors matt matthew kean NSW energy minister clean energy summit IGCC investors - optimisedSenior ministers in NSW and the ACT extinguish ideas of following other states in adding an EV tax, a move that is at odds with other jurisdictions around the world.

The post NSW and ACT ministers play it cool on electric car tax appeared first on RenewEconomy.

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California fuel consumption declines in August amid COVID-19 pandemic

Carbon Pulse - Tue, 2020-12-01 08:31
California gasoline and diesel consumption dropped in August as the coronavirus outbreak continues to impact fuel demand across the Golden State, with traders concerned current restrictions may erode future sales and depress WCI allowance prices. 
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Brazil's Amazon: Deforestation 'surges to 12-year high'

BBC - Tue, 2020-12-01 07:31
Destruction of the rainforest increased by 9.5% compared to the previous 12 months, new data shows.
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WCI emitters added length prior to Q4 auction results as speculators cut positions again

Carbon Pulse - Tue, 2020-12-01 07:30
WCI regulated parties increased their California Carbon Allowance (CCA) length immediately before the release of the Q4 auction results as speculators reduced their position for the second consecutive week, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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EU Market: EUAs soar beyond €29 on colder weather, recording huge 23% November gain

Carbon Pulse - Tue, 2020-12-01 06:38
EU carbon jumped above €29 to extend their two-month high again on Monday as the energy complex rose on prospects of colder weather, adding to bullish sentiment stemming from an imminent tightening of EUA supply.
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Carbon floor price will undermine, distort EU ETS, energy exchanges warn

Carbon Pulse - Tue, 2020-12-01 05:14
The EU should avoid introducing a price floor in its emissions trading system as it would distort and undermine the market while making it difficult to link to others, a group of European energy exchanges has warned.
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Policy Intern, Cambridge Institute for Sustainability Leadership – Brussels

Carbon Pulse - Tue, 2020-12-01 05:09
This exciting role, working in the EU office of the Cambridge Institute for Sustainability Leadership (CISL), is your opportunity to join our dynamic team, engaging with senior business leaders and European policy makers.
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