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LCFS Market: California credits fall below $200 amid economic stressors

Carbon Pulse - Wed, 2020-03-18 00:50
California Low Carbon Fuel Standard (LCFS) prices dropped markedly on Monday, finally succumbing to the impacts of the coronavirus pandemic and changes in the global economy.
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EU Midday Market Briefing

Carbon Pulse - Wed, 2020-03-18 00:33
EUAs fell over 8.5% to a fresh 16-month low below €18 on Tuesday as the first auction failure of the year spurred selling, even as wider financial markets held relatively steady following Monday's coronavirus-fuelled crash.
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Upgrade for popular UK nature sanctuary

BBC - Wed, 2020-03-18 00:00
Climate change: It's Back to Nature on Britain's holiday coast
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EU ETS should be “scrapped” from 2021 to counter virus impact -Polish official

Carbon Pulse - Tue, 2020-03-17 22:53
The EU ETS should be "scrapped" from next year to help keep EU economies afloat amid the coronavirus outbreak, the Polish deputy minister for state assets said on Tuesday, as other eastern EU countries called for work on the EU’s Green Deal to also be halted. 
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Mega bullish analysts cut EUA price forecasts on coronavirus concerns

Carbon Pulse - Tue, 2020-03-17 21:41
One of the most bullish analyst teams covering the EU carbon market have once again cut their price forecasts for EUAs, this time due to the coronavirus outbreak.
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EEX cancels EUA auction on lack of bids as prices sink below €19

Carbon Pulse - Tue, 2020-03-17 20:26
Exchange EEX on Tuesday cancelled its Common Auction platform sale of 2.7 million spot EUAs due to lack of bids, as secondary prices continued to tumble on the coronavirus-fuelled sell-off.
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Air pollution likely to increase coronavirus death rate, warn experts

The Guardian - Tue, 2020-03-17 19:02

Lung damage from dirty air may worsen infections, but isolation measures improving air quality

  • Coronavirus – latest updates
  • See all our coronavirus coverage
  • The health damage inflicted on people by long-standing air pollution in cities is likely to increase the death rate from coronavirus infections, experts have said.

    Dirty air is known to cause lung and heart damage and is responsible for at least 8m early deaths a year. This underlying health damage means respiratory infections, such as coronavirus, may well have a more serious impact on city dwellers and those exposed to toxic fumes, than on others.

    Continue reading...
    Categories: Around The Web

    NZ Market: NZUs extend 3-mth lows, drop below FPO level

    Carbon Pulse - Tue, 2020-03-17 17:12
    New Zealand carbon allowances on Tuesday fell below the NZ$25 fixed price option for the first time since Dec. 19, as traders in need of cash added to supply.
    Categories: Around The Web

    Steep emissions plunge puts Germany’s original 2020 climate target back in sight

    RenewEconomy - Tue, 2020-03-17 14:20

    Germany’s carbon emissions have fallen sharply in 2019 for the third year in a row, bringing the country closer to climate targets it had already written off.

    The post Steep emissions plunge puts Germany’s original 2020 climate target back in sight appeared first on RenewEconomy.

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    New Zealand energy exchange launches carbon trading product

    Carbon Pulse - Tue, 2020-03-17 14:07
    A subsidiary of New Zealand’s state-owned grid company has added domestic carbon allowances to its listed products, it announced Tuesday.
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    CP Daily: Monday March 17, 2020

    Carbon Pulse - Tue, 2020-03-17 13:22
    A daily summary of our news plus bite-sized updates from around the world.
    Categories: Around The Web

    Coronavirus could deliver first global solar market contraction since 1980s, says BNEF

    RenewEconomy - Tue, 2020-03-17 12:14

    Bloomberg New Energy Finance says hit to demand as Coronavirus takes hold could make 2020 the "first down year for solar capacity addition" in several decades.

    The post Coronavirus could deliver first global solar market contraction since 1980s, says BNEF appeared first on RenewEconomy.

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    Climate Director, The Nature Conservancy – Seattle

    Carbon Pulse - Tue, 2020-03-17 12:00
    The Climate Director will hone and implement a strategic program of work that builds on TNC’s growing role as a leader in tackling climate change.
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    Victoria lifts moratorium on onshore gas, but permanently bans fracking

    RenewEconomy - Tue, 2020-03-17 11:51

    gas flare fracking victoria moratorium 2 - optimisedVictorian Andrews government to allow onshore gas exploration, but will permanently ban CSG and fracking. Environmental groups and the Greens label it "disaster capitalism".

    The post Victoria lifts moratorium on onshore gas, but permanently bans fracking appeared first on RenewEconomy.

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    Huge Dundonnell wind farm begins production in Victoria

    RenewEconomy - Tue, 2020-03-17 11:34

    Huge Dundonnell wind farm begins output in Victoria, one of the few large scale wind and solar projects to connect on schedule.

    The post Huge Dundonnell wind farm begins production in Victoria appeared first on RenewEconomy.

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    AEMC backs off on COGATI rule change, relief for solar and wind sector

    RenewEconomy - Tue, 2020-03-17 10:21

    Disaster averted as main rule maker backs off on controversial rule change that would have erected more barriers to wind and solar projects.

    The post AEMC backs off on COGATI rule change, relief for solar and wind sector appeared first on RenewEconomy.

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    Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos

    RenewEconomy - Tue, 2020-03-17 09:41

    zali steggall parliament house politics - optimised legislationIndependent Zali Steggall to defer presentation of federal Climate Change Bill from next Monday to a later date, as Parliament focuses on its response to COVID-19.

    The post Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos appeared first on RenewEconomy.

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    Climate change: The rich are to blame, international study finds

    BBC - Tue, 2020-03-17 08:47
    The Leeds University study looked at 86 countries and came to broadly the same conclusions about the rich.
    Categories: Around The Web

    Trina targets Australia’s big solar market with new 500W module

    RenewEconomy - Tue, 2020-03-17 08:45

    Trina Solar says one of its new 500W PV modules coming to Australia this year could cut the levelised cost of energy by 3-4% for solar farms of 1MW or larger.

    The post Trina targets Australia’s big solar market with new 500W module appeared first on RenewEconomy.

    Categories: Around The Web

    China solar giant LONGi pledges to source 100% renewables by 2028

    RenewEconomy - Tue, 2020-03-17 08:44

    China PV manufacturer joins RE100 with pledge to use renewable energy only by 2028, says it “firmly believes” world can get to 100% renewables by 2050.

    The post China solar giant LONGi pledges to source 100% renewables by 2028 appeared first on RenewEconomy.

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