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NA Markets: CCAs decline from recent highs, RGGI prices increase on compliance buying

Carbon Pulse - Fri, 2021-07-16 07:51
California Carbon Allowance (CCA) prices retraced over the week as demand declined from financial firms, but RGGI allowances (RGAs) inched closer to the $9 level due to an influx in buying from compliance entities.
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New York-based financial firm opens RGGI account

Carbon Pulse - Fri, 2021-07-16 07:11
A New York-based hedge fund opened a RGGI CO2 Allowance Tracking System (COATS) account on Thursday, marking the second new financial firm to register in the Northeast US cap-and-trade scheme since June.
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Carbon Analyst, The Nature Conservancy – Various Locations

Carbon Pulse - Fri, 2021-07-16 06:52
The Carbon Analyst provides technical support to field teams around the world to assist in the design and, to a more limited extent implementation of, carbon projects that use nature as a climate solution. You will be a key member of the Global Carbon Markets team that is distributed around the world and thus ‘virtual’ in nature.
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Senior Analysts/Kaitohutohu Matua, Climate Change Commission, Aotearoa/New Zealand – Wellington

Carbon Pulse - Fri, 2021-07-16 06:40
We have a number of fixed term, secondment and permanent opportunities. In these roles, you'll have the opportunity to contribute to the longer-term success of the Commission. The Senior Analysts lead technical and policy analysis related to aspects of the Commission's work, in collaboration with others. This involves navigating complex issues, developing new frameworks and approaches, managing relationships and engaging with stakeholders as the Commission's advice is developed.
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US planned coal fired retirements now total nearly 120GW of capacity

RenewEconomy - Fri, 2021-07-16 06:10

vattenfall coal plantPlanned coal generator retirements leap as utilities adjust to influx of cleaner and cheaper wind, solar and battery storage.

The post US planned coal fired retirements now total nearly 120GW of capacity appeared first on RenewEconomy.

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Germany floods: stranded residents rescued by helicopter from rooftops – video

The Guardian - Fri, 2021-07-16 05:29

At least 42 people have died in Germany and dozens were missing on Thursday as swollen rivers caused by record rainfall across western Europe swept through towns and villages. Eighteen people died and dozens were unaccounted for around the wine-growing region of Ahrweiler, in Rhineland-Palatinate state, police said, after the Ahr river that flows into the Rhine broke its banks and brought down half a dozen houses

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When coral dies, tiny invertebrates boom. This could dramatically change the food web on the Great Barrier Reef

The Conversation - Fri, 2021-07-16 05:26
Just because coral is dying, doesn't mean marine life in reefs will end. New research found dead coral hosted 100 times more microscopic invertebrates than healthy coral. Kate Fraser, Marine Ecologist, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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A bee: before it dies, its mouth opens and closes, kissing the ground | Helen Sullivan

The Guardian - Fri, 2021-07-16 05:00

Its favourite thing to do is to crawl inside a flower, where petals turn light pink, yellow or red

A small girl is eating ice cream. She is at a lake, “Zoo Lake”, in the middle of a city. People who live nearby hear the Zoo’s lions roaring at night. (A world and a century away, in Innisfree, Yeats lives “alone in the bee-loud glade”.)

The principal activities at this lake are learning to ride bikes, riding bikes, and walking. Ice-cream sellers pedal their cooler boxes round and round the water. Bees hover over the rubbish bins full of ice-cream wrappers.

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The Guardian view on the way we eat: do as Dimbleby says | Editorial

The Guardian - Fri, 2021-07-16 04:17

It is disappointing but not surprising that the PM appears uninterested in plans to make people healthier

The businessman Henry Dimbleby, who co-founded the Leon restaurant chain and led a review of school food, has taken the opportunity given to him two years ago by the then environment secretary, Michael Gove, and run with it. The national food strategy published on Thursday is a genuinely bold attempt to solve a hard problem: how to stop ruining our nation’s health with junk food at the same time as cutting greenhouse gas emissions from food production. Taking one of its first quotations from the biologist Edward O Wilson, the report leaps with both feet into complex questions about human societies, agriculture and ecosystems pushed to the brink of disaster.

The strategy draws on some citizens’ assembly-type research and interviews with people in all parts of the food system, as well as existing knowledge. It digests insights from the team behind the landmark Limits to Growth report from half a century ago, and recent work on the value of nature, commissioned by the Treasury, from the economist Partha Dasgupta.

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Scientists dismiss Warren Entsch’s claim warm water from northern hemisphere is damaging reef

The Guardian - Fri, 2021-07-16 03:30

Coalition’s Great Barrier Reef envoy also said Australia was a ‘victim of our own success’ when it came to coral bleaching

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Coral and ocean scientists have described statements on coral bleaching from the government’s reef envoy, Warren Entsch, as “far-fetched” and “ill-informed” on the day he accompanied more than a dozen ambassadors on a snorkelling trip to the Great Barrier Reef.

Entsch told the ABC on Thursday warm water originating in the northern hemisphere and flowing across the Pacific to the reef was a chief cause of mass coral bleaching.

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‘Not engaging isn’t the answer’: Australia under pressure as US follows EU lead on carbon tariffs

The Guardian - Fri, 2021-07-16 03:30

Experts and opposition MPs say Australia should work with Europe on new imports scheme instead of criticising

Australia is facing growing pressure over its climate policies as the US edges closer to following the European Union in imposing new charges on imports of emissions-intensive products.

The trade minister, Dan Tehan, has criticised the EU’s new carbon tariffs, saying they are revenue raising and will undermine free trade. But Labor declared the Morrison government had its “head in the sand” and was “completely isolated” on the world stage as more countries consider such tariffs.

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Blue Origin: Teenager to fly into space with Jeff Bezos

BBC - Fri, 2021-07-16 02:33
Oliver Daemen, 18, will become the youngest person to fly to space with the Blue Origin venture.
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Delta Air Lines won’t “spend good cash” chasing RIN prices -CEO

Carbon Pulse - Fri, 2021-07-16 02:28
Delta Air Lines is wary of purchasing biofuel credits (RINs) under the US Renewable Fuel Standard (RFS) due to transparency concerns, CEO Ed Bastian said Wednesday, giving credence to recent reports that the company's refinery subsidiary has halted purchases amid soaring price levels.
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‘Fit for 55’ timeline for EU carbon market reform concerns experts

Carbon Pulse - Fri, 2021-07-16 01:56
Proposals to tighten the EU ETS and rebase its cap within a rapid timeframe are an initial cause for concern among market experts still digesting the full impact of Brussels’ wide-ranging climate measures, a conference heard on Thursday.
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UPDATE – Poland, Germany anticipating later start to 2021 free EUA allocations

Carbon Pulse - Fri, 2021-07-16 01:22
Issuance of free EUAs for 2021 to Polish installations will likely take place in Q4 of this year, after the European Commission has approved the country’s proposed allocation plan, while Germany's permit distribution also probably won't completed until the autumn at the earliest.
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European Markets Midday Brief

Carbon Pulse - Thu, 2021-07-15 21:35
EUAs were relatively quiet early Thursday, trading in a fairly narrow range as the market continued to digest the European Commission’s 'Fit for 55' package announced yesterday.
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Spain calls for price intervention on EU carbon market, questions new system for transport and buildings

Carbon Pulse - Thu, 2021-07-15 20:44
The EU should introduce price controls for its carbon market amid recent spikes, Spain’s deputy PM and environment minister said on Wednesday as the 27-nation bloc presented its ‘Fit for 55’ legislative package to further tighten its ETS and other climate policies.
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Harvard represents reason and science. So why hasn’t it divested from fossil fuels yet? | Kim Heacox

The Guardian - Thu, 2021-07-15 20:28

At $42bn, the Harvard endowment exceeds the combined monetary value of many small countries. But it stubbornly refuses to speed up divestment

On display in every corner of the Harvard University campus, carved in stone, students find a shield with three books and the inscribed school motto: “Veritas.” Latin for truth.

Ah yes, truth.

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Australia Market Roundup: Govt protests EU CBAM move, while offset issuances fall back to average levels

Carbon Pulse - Thu, 2021-07-15 20:15
Australian Trade Minister Dan Tehan on Thursday accused the EU of “imposing its views and its ways” on other nations through its carbon border adjustment mechanism (CBAM) proposal, while new offset issuance levels this week declined to long-term average levels after last week’s bump.
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UPDATE – China confirms national ETS launch on July 16

Carbon Pulse - Thu, 2021-07-15 20:09
The Shanghai Environment and Energy Exchange confirmed Thursday afternoon that China's much-anticipated national emissions trading scheme, set to become the world’s biggest carbon market, will launch Friday after a three-week delay.
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