Around The Web

Australian low-emissions wood pellet producer secures 30-year lease for NZ facility

Carbon Pulse - Fri, 2024-04-05 15:22
An Australian company has secured a 30-year lease agreement in New Zealand where it intends to build a NZ$300 mln ($180 mln) plant producing wood pellets that when burned emits 95% less carbon than coal.
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The Southern Ocean has the cleanest air on Earth. We have just discovered why

The Conversation - Fri, 2024-04-05 12:04
A lack of human activity in the Southern Ocean is just one reason why the air is so clean. Clouds and rain play a vital role in scrubbing the atmosphere, removing natural airborne particles too. Tahereh Alinejadtabrizi, PhD student, Monash University Steven Siems, Professor in Cloud Microphysics, Monash University Yi Huang, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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AU Market: Integrity concerns, compliance shift sees ACCU spot prices converge

Carbon Pulse - Fri, 2024-04-05 11:48
Generic and human-induced regeneration (HIR) Australian Carbon Credit Unit (ACCU) spot prices have converged in recent days, in part due to integrity concerns stemming from last week’s Nature study as well as the shift to a compliance market, according to traders and analysts.
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Why is Australia’s east coast copping all this rain right now? An atmospheric scientist explains

The Conversation - Fri, 2024-04-05 11:48
You might be wondering: what is a ‘Black Nor'easter’, what’s causing all this rain and does it have anything to do with climate change? Here’s what you need to know. Kimberley Reid, Postdoctoral Research Fellow in Atmospheric Sciences, Monash University Licensed as Creative Commons – attribution, no derivatives.
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California environental justice proponents pushback against CCS amid calls for cap-and-trade, LCFS improvements

Carbon Pulse - Fri, 2024-04-05 10:55
Presenters at a meeting hosted by California’s Environmental Justice Advisory Committee (EJAC) on Thursday raised concerns about risks of CO2 capture and storage (CCS) measures, and also recommended alternative revenue distribution options for the cap-and-trade scheme to lower cost burdens on consumers.
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Panelists agree on need for more US federal regulation of VCM, but split on extent

Carbon Pulse - Fri, 2024-04-05 10:47
A panel of experts agreed on the need for increased federal regulation of the relatively young voluntary carbon market (VCM), but expressed different views on how and to what extent US authorities should tackle the VCM, in a webinar Thursday.
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Green group sues US DOE for funding California’s Diablo Canyon nuclear power plant extension

Carbon Pulse - Fri, 2024-04-05 09:58
A network of green groups has filed a lawsuit against the US Department of Energy (DOE) claiming that the agency’s decision to fund the Diablo Canyon nuclear plant extension in California was based on a faulty environmental review.
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Integrity Council approves three voluntary carbon programmes for CCP eligibility

Carbon Pulse - Fri, 2024-04-05 09:01
Gold Standard, ACR, and Climate Action Reserve (CAR) have been given the green light by the governing board of the Integrity Council for Voluntary Carbon Markets (ICVCM) for their crediting programmes to be considered for the Core Carbon Principles (CCP) label, while Verra, ART TREES, Social Carbon, and Isometric will be assessed by May at the latest.
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WCI Markets: CCA market awaits ARB as WCAs continue to rally on small volumes

Carbon Pulse - Fri, 2024-04-05 09:01
California Carbon Allowances (CCA) saw a modest gain over the Mar. 28-Apr.3 period, as market participants await forthcoming developments on cap-and-trade rulemaking from regulator ARB, while Washington Carbon Allowances (WCA) continued to rally on small volumes.
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UNFCCC calls for Brazil to improve accuracy of REDD+ reporting

Carbon Pulse - Fri, 2024-04-05 08:55
Experts at the UNFCCC have completed technical checks on Brazil’s higher submission of avoided emissions from forestry protection, recommending several improvements in the accuracy of REDD+ reporting, including mapping tree cover every two years.
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California regulator ARB proposed cutting Scope 3 requirements from climate disclosure bill, document reveals

Carbon Pulse - Fri, 2024-04-05 07:08
California regulator ARB recommended excluding supply chain emissions from the corporate climate disclosure law as it was being negotiated last year, recently acquired draft amendments showed.
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RGGI Market: Prices tumble in light of 2024 allowance distribution

Carbon Pulse - Fri, 2024-04-05 05:46
RGGI allowance (RGA) values fell almost 10% this week in the secondary market, with most of the decline occurring after Tuesday’s release of permit distribution figures for 2024, traders reported, unseating prices from record heights reached last week at the end of the first quarter.
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Without community support, the green energy transition will fail. Here’s how to get communities on board

The Conversation - Fri, 2024-04-05 05:17
The energy transition could be scuppered by community scepticism. Communities have to see the benefits. Simon Wright, Senior Research Fellow, Energy & Circularity, Gulbali Institute, Charles Sturt University Licensed as Creative Commons – attribution, no derivatives.
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