Around The Web

EU lawmakers propose raft of amendments seeking to weaken MSR, curb carbon prices

Carbon Pulse - 3 hours 50 min ago
EU parliamentarians have proposed multiple amendments designed to weaken EU ETS reforms and to intervene in the market amid record carbon permit prices, documents released Friday showed, in an early sign lawmakers will face a battle to agree measures to tighten the bloc’s flagship climate policy.
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Financial players’ CCA position collapses by most since start of pandemic, compliance holdings boom

Carbon Pulse - 5 hours 16 min ago
California Carbon Allowance (CCA) holdings for speculators burrowed a nearly eight-month low this week as prices dove, while emitters’ net short position dwindled to the thinnest level since May, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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Cap trajectory, industry allocation proving contentious in Washington carbon market rulemaking

Carbon Pulse - 7 hours 20 min ago
The fossil fuel industry and green groups are at odds with whether the steep linear reduction factor of Washington state’s forthcoming cap-and-trade regulation is appropriate, while free allowance distribution methods to industry and offset eligibility have generated pushback, according to public comments.
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US Carbon Pricing and LCFS Roundup for week ending January 28, 2022

Carbon Pulse - 7 hours 47 min ago
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including budget language to end the RGGI linkage in Virginia.
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Exchange CBL adjusts vintage rules for nature-based VER contract

Carbon Pulse - 8 hours 2 min ago
ESG commodities marketplace Xpansiv’s CBL has announced changes to vintage eligibility for its standardised Nature-Based Global Emissions Offsets (N-GEO) contract, aiming to better align to market demand for greater clarity and adherence to integrity-based principles.
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Humpback whale calf saved from shark net off Queensland coast – video

The Guardian - 8 hours 48 min ago

A rescue team from SeaWorld struggles for hours to free a young humpback whale trapped in a shark net near Coolangatta on the Gold Coast on 8 September 2021.  The whale calf is surrounded by an escort of four protective adult humpbacks, making the rescue incredibly dangerous for both humans and whales

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Australian crawl: Christmas Island’s baby red crab migration – in pictures

The Guardian - 8 hours 48 min ago

It has been a big breeding season for the Christmas Island red crabs (Gecarcoidea natalis). After the adult crabs spawned in the sea at the end of 2021, the baby crabs are trekking back to the forest in record numbers.

Some years all of the baby crabs vanish and are never seen again, but on special years when the weather and currents are just right, the island wakes one morning to find the coastline smothered in a living red carpet of tiny baby crabs.

Early 2022 has seen one of the biggest baby crab returns ever documented.

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Great Barrier Reef on verge of another mass bleaching after highest temperatures on record

The Guardian - 8 hours 48 min ago

Exclusive: ‘Shocked and concerned’ US government scientists say heat stress over Australia’s ocean jewel is unprecedented

Temperatures over the Great Barrier Reef in December were the highest on record with “alarming” levels of heat that have put the ocean jewel on the verge of another mass bleaching of corals, according to analysis from US government scientists seen by Guardian Australia.

On Friday the Morrison government announced $1bn for reef conservation over the next nine years if it wins the next election – a pledge branded by some as a cynical attempt to stop the reef being placed on the world heritage “in danger” list at a meeting in July.

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Allowance Trading and Education Lead, Washington Department of Ecology – Lacey

Carbon Pulse - 11 hours 28 min ago
As the staff lead for allowance trading and entity education, you will be responsible for ensuring firms can trade—and participate—in the Cap-and-Invest market. By helping firms get comfortable with this new market and how it works, you will enable them to maintain a primary focus on decreasing emissions so Washington can meet its goal of reducing emissions by 95% by 2050.
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Auctions Lead, Washington Department of Ecology – Lacey

Carbon Pulse - 11 hours 28 min ago
As the staff lead for auctions, you will be a crucial member of the Cap-and-Invest team. You will coordinate and implement allowance auctions that firms participate in to meet their emissions compliance obligations. These auctions are the linchpin of the cap-and-invest program and generate significant proceeds applied towards the decarbonization of the transportation industry, improving access to clean energy, and advancing health equity and environmental justice.
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EXCLUSIVE: Rising EU ETS emissions point to urgent need for a dynamic pricing paradigm -Andurand

Carbon Pulse - 12 hours 59 min ago
With high energy prices dominating the political agenda and politicians in certain EU member states training their sights on the bloc's carbon market, there is one salient fact being missed in all the hubbub: ETS emissions likely increased by 6% in 2021, and are set to rise further again this year. Self-evidently, this means that the price of EUAs is not yet high enough to drive structural decarbonisation, write Pierre Andurand and Mark Lewis in an exclusive piece for Carbon Pulse.
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Birds are remarkable and beautiful animals – and they’re disappearing from our world | Kim Heacox

The Guardian - 13 hours 38 min ago

In the past half century, North America has lost a fourth of its birds. Earth is now a coalmine, and every wild bird is a canary

When the poet Mary Oliver wrote “Instructions for living a life,” she reminded us: “Pay attention. Be astounded. Tell about it.”

This past autumn, wildlife officials announced that a bird, a male bar-tailed godwit, flew nonstop across the Pacific Ocean 8,100 miles from Alaska to Australia in just under 10 days. Fitted with a small solar-powered satellite tag, the godwit achieved “a land bird flight record”. But of course godwits have been doing this for centuries. Come next April-May, all things well, determined godwits will make the trip in reverse, bound for Alaska to nest and raise their young.

Whoever you are, no matter how lonely,
the world offers itself to your imagination,
calls to you like the wild geese, harsh and exciting –
over and over announcing your place
in the family of things.

A frequent contributor to the Guardian, Kim Heacox is the author of many books, including The Only Kayak, a memoir, and Jimmy Bluefeather, a novel, both winners of the National Outdoor Book Award. He lives in Alaska. His favorite bird is whichever one he’s watching

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2022-01-28 22:59
EUAs gave up early gains on Friday after the daily auction cleared below market while UKAs posted a new record high, as energy prices were marginally firmer ahead of a tense geopolitical weekend.
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US agri-credit initiative targets 30 mln credits by 2030 amid global rollout

Carbon Pulse - Fri, 2022-01-28 22:38
A US-based alliance that focuses on decarbonising agriculture expects to generate upwards of 30 million credits a year by 2030 and plans to expand its regional presence by striking partnerships in India, Brazil and one European country this year.
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The week in wildlife – in pictures

The Guardian - Fri, 2022-01-28 22:00

The best of this week’s wildlife pictures, including a big-headed frog, a relocated rhino and a hungry swan

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Green energy measures saving households £1,000 a year – analysis

The Guardian - Fri, 2022-01-28 21:11

Savings come largely from efficient electrical appliances and boilers but insulation could halve future bills

Energy efficiency measures have already saved the average British household about £1,000 a year in energy bills, and further insulation and home improvements could halve future bills, analysis has shown.

But the future savings are unlikely to be realised unless the government focuses swiftly on insulation, as the savings to date have come largely from efficiency improvements in electrical appliances and boilers, which will not be repeated.

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King crabs invade UK waters threatening native species

The Guardian - Fri, 2022-01-28 20:45

North Yorkshire fishers found pots heavy not with brown crab but with prized invader

Invasive king crabs have made their way to British shores, sparking fears that local brown crab and scallop populations could be decimated.

This week, fishers in North Yorkshire found their pots heavy not with brown crab, but with the bright-red invader with long, spindly legs prized for their sweet flesh. London restaurants have already snapped up the haul, ready for weekend menus.

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China power market reform plan brightens ETS outlook

Carbon Pulse - Fri, 2022-01-28 20:12
China on Friday outlined plans to launch and build out a national unified power market this decade, a move considered crucial to make carbon pricing more effective while helping to increase the share of clean power in electricity generation.
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CN Markets: China’s ETS slips into post-compliance funk with no future guidance

Carbon Pulse - Fri, 2022-01-28 17:04
Weekly trading volume in China’s national emissions market fell below 500 units over Jan. 21-27, as traders wound down ahead of next week’s Lunar New Year celebrations with no news on the 2021 allocation plan.
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UK risks falling behind on reducing farm antibiotics after EU ban

The Guardian - Fri, 2022-01-28 16:30

New restrictions on administering drugs to healthy animals come into force across EU to tackle critical overuse, but UK fails to follow suit

The reputation of British farming is at risk after its failure to follow the EU in curbing the overuse of antibiotics in healthy animals, say campaigners.

Antibiotic use is the main driver of antimicrobial resistance, one of the biggest threats to human and animal health. Reducing its use in farming is seen as critical, with about two-thirds of antibiotics globally given to animals.

From today [28 January], a ban on the administration of antibiotics to groups of healthy animals comes into force across the EU.

As a result, European farmers will be able to use antibiotics only as a preventive measure only in exceptional cases when there is a high risk of infectious disease, and then only with individual animals.

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