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Prices for EU Aviation Allowances (EUAA) have collapsed in the past few days as experts see zero demand in the coming months from the sector, which has been ravaged by the coronavirus pandemic.

COVID-19 impacts will weigh on EU ETS carbon prices into next year but not on EU lawmakers’ resolve to reform the market or wider climate policies, a survey published on Wednesday found.

Technology leaps and improved efficiency are driving down the cost of solar PV electricity in Australia to $A30/MWh, below operating cost of most coal and gas.

The post Technology leaps driving cost of solar PV electricity in Australia to just A$30/MWh appeared first on RenewEconomy.

Environmentalists say the new film has caused untold damage at a time when change has never been more urgent. So why is it so controversial? Ian Lowe, Emeritus Professor, School of Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Italian utility Enel advanced its EU power hedging during Q1, resulting in a more heavily hedged position as its coal exit accelerated and it sidestepped major financial impacts from the coronavirus pandemic.

The Oregon Clean Fuels Program (OCFP) saw its credit surplus nearly halve in Q4 compared to the previous three-month period, though the addition of residential electric vehicle credits for the 2019 calendar year helped build the bank further, data showed Wednesday.

The physical link between Switzerland’s carbon market and the EU ETS has been delayed further due to the coronavirus crisis, the European Commission announced late Wednesday.

The European Commission will on Friday publish figures determining how many EU ETS carbon allowances will be removed from the market over the 12 months from September, with this year's calculation release date coming a week earlier than normal.

Robust California hydroelectric generation last year displaced carbon-emitting sources and mitigated lower nuclear output, likely reducing compliance obligations for the power sector in the WCI-linked ETS, according to preliminary California Energy Commission (CEC) data released Tuesday.

The Czech senate has passed a resolution demanding the country’s government re-negotiate the country's obligation under the EU ETS, citing an increased burden on the district heating system.

An unseen object is found to be lurking in a double-star system a mere 1,000 light-years from Earth.

One of the hardest tasks in Earth observation is tracking tiny changes in the shape of the ground.

A study has identified a mutation that its authors say could make the coronavirus more infectious.

California Low Carbon Fuel Standard (LCFS) credit prices climbed to a one-month high on Tuesday, erasing all losses after state regulator ARB posted higher-than-expected credit generation figures for Q4 2019.

EUAs hung around €19 on Wednesday as the market absorbed a bumper Polish auction far more comfortably than a smaller sale the previous day, as fresh data showed an increase in speculative short positions.

New scientific research, from Germany of all places, suggests English footballers are actually good at spot-kicks.

Tapirs in South America, hirolas in Somalia, hornbills in Indonesia, chimps in Nigeria, tamarins in Brazil and frogs in South Africa ... the ‘green Oscars’ recognise and celebrate the achievements of the animals’ grassroots protectors

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The actor is well known for his daring stunts, but this takes things to another level.

Carbon pricing and the legislation governing it are “essential policy tools” to tackle climate change and governments must stand firm against voices demanding their weakening, a coalition of 40 businesses, financial institutions, and non-profits wrote in a report published on Tuesday.

Most Europeans support a universal basic income, yet young people doubt democracy’s capacity to deliver change

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The coronavirus crisis seems to be encouraging belief in radical change. An astonishing 71% of Europeans are now in favour of introducing a universal basic income, according to an opinion poll designed by my research team at Oxford university and published today. In Britain, the figure is 68%. Less encouraging, at least to anyone who believes in liberal democracy, is another startling finding in the survey: no less than 53% of young Europeans place more confidence in authoritarian states than in democracies to tackle the climate crisis. The poll was conducted by eupinions in March, as most of Europe was locking down against the virus, but the questions had been formulated earlier. It would be fascinating now to ask Europeans which political system they think has proved better at combating a pandemic, as the United States and China, the world’s leading democracy and the world’s leading dictatorship, spray viral accusations at each other.

Those two contrasting but equally striking survey results show how high the stakes will be as we emerge from the immediate medical emergency, and face the subsequent economic pandemic and its political fallout. What kind of historical moment will this turn out to be, for Europe and the world? It could lead us to the best of times. It could lead us to the worst of times.

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