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China’s Hubei to auction 3 mln CO2 permits

Carbon Pulse - Wed, 2020-12-02 22:13
Hubei province will auction off 3 million carbon allowances over two sales on Dec. 9 and 11, with the biggest restricted to ETS-regulated entities that have emitted more than their annual free allocation.
Categories: Around The Web

A68a: World's biggest iceberg is fraying at the edges

BBC - Wed, 2020-12-02 22:04
High resolution imagery shows ocean waves are taking their toll on the giant ice block called A68a.
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Sales Managers, International Carbon Market, Enking International – New York/London/Sydney

Carbon Pulse - Wed, 2020-12-02 21:55
EKI (Enking International) Energy Services Ltd is looking for 3 Sales Managers for the International Carbon Market, located in New York (USA), London (UK), and Sydney (Australia).
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‘Not a good time’ for carbon pricing mechanism in Japan -MP

Carbon Pulse - Wed, 2020-12-02 20:58
Japan is considering a carbon pricing mechanism, but will not propose one ahead of the general election next October, a ruling party lawmaker said Wednesday.
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NZ Market: NZUs hit NZ$36 as market continues slow march into unchartered territory

Carbon Pulse - Wed, 2020-12-02 18:47
New Zealand carbon allowances rose to a fresh record high on Wednesday after a two-week pause as the market remains bullish on long-term trends.
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Wanted: UK site for prototype nuclear fusion power plant

The Guardian - Wed, 2020-12-02 17:00

Communities are being asked to bid to host the plant, which a state-backed project plans to build by 2040

Communities in the UK are being asked to bid to host a prototype nuclear fusion power plant, which a government-backed programme plans to build by 2040.

The site does not need to be near existing nuclear power stations but will need 100 hectares of land and a plentiful water supply. Ministers say the project would bring thousands of skilled jobs and be part of its planned “green industrial revolution” to tackle the climate crisis.

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“I spent more than that, and I’m not BP”: Cannon-Brookes challenges oil major to do more

RenewEconomy - Wed, 2020-12-02 16:52

Mike Cannon Brookes - Smart Energy Summit - optimisedCannon-Brookes issues challenge to BP to invest more in clean energy, saying he was personally investing more than the oil and gas giant.

The post “I spent more than that, and I’m not BP”: Cannon-Brookes challenges oil major to do more appeared first on RenewEconomy.

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Australian researchers find 81-year-old snapper, oldest known tropical reef fish

The Guardian - Wed, 2020-12-02 16:23

The midnight snapper caught at Rowley Shoals off Western Australia is 20 years older than the previous record holder

When it was born, the second world war was several years away, none of the Beatles were alive and there were about five billion fewer people above the waves than today.

An unnamed 81-year-old midnight snapper, caught by the Australian Institute of Marine Science in 2016, has been revealed as the oldest tropical reef fish known to science.

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Humans waging 'suicidal war' on nature - UN chief Antonio Guterres

BBC - Wed, 2020-12-02 15:05
Secretary General Antonio Guterres says our "war" on the natural world will come back to haunt us.
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Global sustainable fishing initiative agreed by 14 countries

The Guardian - Wed, 2020-12-02 15:01

Governments to reduce pollution in oceans and end subsidies that contribute to overfishing

Governments responsible for 40% of the world’s coastlines have pledged to end overfishing, restore dwindling fish populations and stop the flow of plastic pollution into the seas in the next 10 years.

The leaders of the 14 countries set out a series of commitments on Wednesday that mark the world’s biggest ocean sustainability initiative, in the absence of a fully fledged UN treaty on marine life.

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Coal and gas sectors contract as rest of economy bounces back from Covid-19

RenewEconomy - Wed, 2020-12-02 14:23

Canva - Coal mining from above - optimised brown coal hydrogenAustralia's economy is bouncing back, but not thanks to any 'gas-led recovery', with coal and gas sectors contracting in latest quarterly GDP figures.

The post Coal and gas sectors contract as rest of economy bounces back from Covid-19 appeared first on RenewEconomy.

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NSW green lights 65MW Tamworth solar farm and big battery

RenewEconomy - Wed, 2020-12-02 13:46

NSW government delivers early Christmas present to Barnaby Joyce, with plans for a new solar farm and big battery in his New England electorate approved for construction.

The post NSW green lights 65MW Tamworth solar farm and big battery appeared first on RenewEconomy.

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Victoria to trial “sophisticated” two-way market for home solar and storage

RenewEconomy - Wed, 2020-12-02 13:33

AusNet Services-led trial will see customer owned assets like rooftop solar compete in the same market as traditional power plants in north-eastern Victoria.

The post Victoria to trial “sophisticated” two-way market for home solar and storage appeared first on RenewEconomy.

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Nuclear fusion edges closer to reality with Curtin University research

RenewEconomy - Wed, 2020-12-02 13:20

Researchers from Western Australia develop database of electron-molecule reactions seen as major step forward in making fusion power a reality.

The post Nuclear fusion edges closer to reality with Curtin University research appeared first on RenewEconomy.

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Germany’s first coal plant phase-out auction a success, with 4.8GW to close

RenewEconomy - Wed, 2020-12-02 13:15

Germany's first auction for decommissioning coal generators results in nearly 5GW of contracted closures, including some plants opened just five years ago.

The post Germany’s first coal plant phase-out auction a success, with 4.8GW to close appeared first on RenewEconomy.

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UK’s COP26 president piles new pressure on Morrison on zero carbon target

RenewEconomy - Wed, 2020-12-02 12:30

 Leon Neal/PA WireIncoming COP26 chief piles pressure on Morrison government to set zero carbon target, while praising Australian States and Territories for leading the way.

The post UK’s COP26 president piles new pressure on Morrison on zero carbon target appeared first on RenewEconomy.

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New partnership to restore Riverland Ramsar site

Department of the Environment - Wed, 2020-12-02 12:29
A new five year partnership with the managers of Calperum Station—Australian Landscape Trust—paves the way for delivery of water for the environment to continue improving the health of the Calperum floodplain - part of the Riverland Ramsar site.
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UN climate summit president thanks Australian states – but not Morrison government – for backing net zero

The Guardian - Wed, 2020-12-02 12:03

UK energy minister Alok Sharma urges ‘all of you who have not already done so to join the race’ to net zero emissions by 2050

The British president of the next major UN climate change summit has pointedly thanked Australia’s states and territories for backing a goal of net zero emissions by 2050 while urging unnamed others – including the Morrison government – to join them.

In a speech to an Australian audience on Wednesday, Alok Sharma, the president-designate of the COP26 summit in Glasgow and a member of Boris Johnson’s Conservative cabinet, said more than 120 countries had announced carbon neutrality or net zero emissions targets and urged others to follow.

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New York finalises post-2020 RGGI changes ahead of implementation

Carbon Pulse - Wed, 2020-12-02 11:35
New York finalised its post-2020 RGGI regulation on Tuesday, cementing the programmatic changes that are largely seen as bullish by market participants for the soon-to-be 11-state programme.
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Liddell extension ‘one of the lowest ranked’ options, government modelling says

RenewEconomy - Wed, 2020-12-02 10:59

Liddell Power Station Hunter Valley NSW Australia - optimisedGovernment commissioned modelling shows extending the life of Liddell as one of the worst options for ensuring cheap and reliable power in NSW.

The post Liddell extension ‘one of the lowest ranked’ options, government modelling says appeared first on RenewEconomy.

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