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CP Daily: Tuesday April 28, 2020

Carbon Pulse - Wed, 2020-04-29 09:54
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Recipe for cheaper electricity? Try 90 per cent renewables by 2040

RenewEconomy - Wed, 2020-04-29 08:29

AMP Capital stake Macarthur Wind Farm AMP Capital - optimisedEnergy minister Angus Taylor said "too much" wind and solar would push up prices. Experience, and new modelling, shows the opposite is true.

The post Recipe for cheaper electricity? Try 90 per cent renewables by 2040 appeared first on RenewEconomy.

Categories: Around The Web

Analysis: Great Britain hits coal-free electricity record amid coronavirus lockdown

RenewEconomy - Wed, 2020-04-29 08:25

Great Britain has run for a new record of 18 days, six hours and 15 minutes without burning coal to generate electricity – and counting – as the coronavirus lockdown cuts demand by nearly 20%.

The post Analysis: Great Britain hits coal-free electricity record amid coronavirus lockdown appeared first on RenewEconomy.

Categories: Around The Web

ETS ‘fit for purpose’ for current EU targets, but may struggle long-term -report

Carbon Pulse - Wed, 2020-04-29 08:00
The EU ETS is 'fit for purpose' to deliver the bloc's current climate objectives, even despite the effects of the COVID-19 coronavirus pandemic, but it will struggle to deliver the long-term ambitions under the European Green Deal in its current shape, according to a report released Tuesday.
Categories: Around The Web

Green Deal the “compass” to guide EU’s post-virus recovery, urge Merkel, von der Leyen

Carbon Pulse - Wed, 2020-04-29 07:46
German Chancellor Angela Merkel on Tuesday reiterated her support for a more ambitious EU emissions reduction target for 2030, and along with European Commission President Ursula von der Leyen urged fellow lawmakers to ensure that the bloc’s Green Deal is a central and guiding component of Europe’s post-coronavirus recovery plan.
Categories: Around The Web

California gasoline consumption dips in January, cutting WCI carbon obligations

Carbon Pulse - Wed, 2020-04-29 07:35
California gasoline consumption declined year-on-year in January while diesel sales rose over the month, but the statewide ‘shelter-in-place’ order implemented in March to quell the spread of the coronavirus is expected to cause those figures to plummet.
Categories: Around The Web

Climate explained: why higher carbon dioxide levels isn't only good news even if some plants grow faster

The Conversation - Wed, 2020-04-29 05:52
Plants take carbon from the atmosphere as they grow, but it goes straight back when they die or are harvested. There is an important difference between carbon fluxes and actual carbon sequestration. Sebastian Leuzinger, Professor, Auckland University of Technology Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

The government's UNGI scheme: what it is and why Zali Steggall wants it investigated

The Conversation - Wed, 2020-04-29 05:51
As we face mounting job losses, taxpayers have a right to anticipate that the government's investments will be strategically sound. Laura Schuijers, Research Fellow in Environmental Law, University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Analysts double size of estimated 2020 EU ETS emissions drop from coronavirus

Carbon Pulse - Wed, 2020-04-29 04:08
Emissions in the EU ETS this year will plunge by twice as much as previously thought, analysts have estimated amid predictions of a major economic contraction for the bloc in 2020 due to the coronavirus.
Categories: Around The Web

New England ISO power data suggests Q1 emissions drop due to COVID-19

Carbon Pulse - Wed, 2020-04-29 03:47
New England ISO (NE-ISO) electricity generation slid during the first quarter amid the COVID-19 pandemic, likely reducing entities' compliance obligations in the US Northeast RGGI ETS, data suggests.
Categories: Around The Web

UN chief: don’t use taxpayer cash to rescue carbon-intensive industries

The Guardian - Wed, 2020-04-29 03:25

António Guterres calls for coronavirus aid to be directed at firms with green credentials

Governments should not use taxpayer cash to rescue fossil fuel companies and carbon-intensive industries, but should devote economic rescue packages for the coronavirus crisis to businesses that cut greenhouse gas emissions and create green jobs, the UN secretary general has urged.

“Where taxpayers’ money is used to rescue businesses, it must be creating green jobs and sustainable and inclusive growth,” said António Guterres, speaking at the Petersberg Climate Dialogue, a virtual meeting of more than 30 governments on the climate crisis, which concluded on Tuesday. “It must not be bailing out outdated, polluting, carbon-intensive industries.”

Continue reading...
Categories: Around The Web

California legislators ask governor to resist climate policy rollback amid COVID-19

Carbon Pulse - Wed, 2020-04-29 02:21
Three dozen California lawmakers asked Governor Gavin Newsom (D) on Monday to hold firm on environmental and public health regulations during the COVID-19 pandemic, citing industry attempts to utilise the virus outbreak to weaken those policies.
Categories: Around The Web

Brussels puts off scrutiny of national climate roadmaps as several are late

Carbon Pulse - Tue, 2020-04-28 23:50
Brussels will delay its assessment of the bloc’s 27 National Energy and Climate Plans (NECPs) initially scheduled by June, as four countries have not yet submitted their own roadmaps, Croatia’s environment minister said on Tuesday.
Categories: Around The Web

Coronavirus: Scottish government suggests covering face in shops

BBC - Tue, 2020-04-28 23:12
Nicola Sturgeon says there may be "some benefit" in wearing a cloth face covering in enclosed areas.
Categories: Around The Web

Climate experts call for 'dangerous' Michael Moore film to be taken down

The Guardian - Tue, 2020-04-28 22:54

Planet of the Humans, which takes aim at the green movement, is ‘full of misinformation’ says one distributor

A new Michael Moore-produced documentary that takes aim at the supposed hypocrisy of the green movement is “dangerous, misleading and destructive” and should be removed from public viewing, according to an assortment of climate scientists and environmental campaigners.

The film, Planet of the Humans, was released on the eve of Earth Day last week by its producer, Michael Moore, the baseball cap-wearing documentarian known for Fahrenheit 9/11 and Bowling for Columbine. Describing itself as a “full-frontal assault on our sacred cows”, the film argues that electric cars and solar energy are unreliable and rely upon fossil fuels to function. It also attacks figures including Al Gore for bolstering corporations that push flawed technologies over real solutions to the climate crisis.

Continue reading...
Categories: Around The Web

EU Midday Market Briefing

Carbon Pulse - Tue, 2020-04-28 22:26
EUAs dipped below €20 early on Tuesday amid a weakening technical outlook and sliding energy prices, but climbed back following a stronger auction.
Categories: Around The Web

Guangdong the latest Chinese ETS to delay compliance over virus disruptions

Carbon Pulse - Tue, 2020-04-28 22:11
China’s Guangdong province will delay the annual compliance deadline for companies in its emissions trading scheme by two months, the government said Tuesday, giving local emitters more time to finalise 2019 data verification.
Categories: Around The Web

Solar, wind and battery storage now cheapest energy options just about everywhere

RenewEconomy - Tue, 2020-04-28 22:00

More big falls in cost of wind, solar and storage mean they are cheapest form of new energy generation nearly everywhere in the world, and particularly in Australia.

The post Solar, wind and battery storage now cheapest energy options just about everywhere appeared first on RenewEconomy.

Categories: Around The Web

EU’s 2030 GHG cut goal should be 65%, says EU Parliament’s lead climate envoy

Carbon Pulse - Tue, 2020-04-28 20:54
The EU should raise its 2030 emission target to a 65% cut under 1990 levels to align with the Paris Agreement, according to the lead lawmaker on the issue for the EU Parliament, setting an ambition marker far higher than Brussels is planning.
Categories: Around The Web

Trina Solar module tops 515W output in independent testing

RenewEconomy - Tue, 2020-04-28 20:11

China PV manufacturer claims new industry benchmark with recently launched Vertex series of panels notching up peak power output of 515.8Wp during independent testing.

The post Trina Solar module tops 515W output in independent testing appeared first on RenewEconomy.

Categories: Around The Web

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