Around The Web

Moon bears: Korean campaigners call for farm closures

BBC - Wed, 2020-07-22 09:17
Animal rights campaigners are calling for the closure of hundreds of moon bear farms.
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First active leak of sea-bed methane discovered in Antarctica

The Guardian - Wed, 2020-07-22 09:01

Researchers say potent climate-heating gas almost certainly escaping into atmosphere

The first active leak of methane from the sea floor in Antarctica has been revealed by scientists.

The researchers also found microbes that normally consume the potent greenhouse gas before it reaches the atmosphere had only arrived in small numbers after five years, allowing the gas to escape.

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Major California-based hedge fund opens RGGI account ahead of Q3 sale

Carbon Pulse - Wed, 2020-07-22 07:56
A $2.5 trillion hedge fund has registered for a RGGI CO2 Allowance Tracking System (COATS) ahead of the Northeast power sector carbon market's September auction, marking its second entrance into US-based cap-and-trade programmes.
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Shipping to buoy EU ETS coverage by 8-9% -analysts

Carbon Pulse - Wed, 2020-07-22 07:48
Including shipping in the EU ETS would increase the market’s scope by 8-9%, though the impact on allowance prices would depend on the sector’s emissions cap and level of free allocation, analysts said.
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California gasoline sales climb in May after hitting COVID-fuelled lows

Carbon Pulse - Wed, 2020-07-22 07:21
California gasoline sales rebounded in May after sinking to historic lows in April amid the COVID-19 pandemic, likely mitigating some of this year’s demand destruction in the state’s WCI-linked ETS, according to federal data released Tuesday.
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New research reveals how Australia and other nations play politics with World Heritage sites

The Conversation - Wed, 2020-07-22 05:49
National governments are using political lobbying and empty symbolic efforts to stave off an "in danger" listing for their World Heritage sites. Tiffany Morrison, Professorial Research Fellow, ARC Centre of Excellence for Coral Reef Studies, James Cook University Katrina Brown, Professor of Social Sciences, University of Exeter Maria Lemos, Professor of Environmental Justice, Environmental Policy and Planning, Climate + Energy,, University of Michigan Neil Adger, Professor of Human Geography, University of Exeter Licensed as Creative Commons – attribution, no derivatives.
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Storm warning: a new long-range tropical cyclone outlook is set to reduce disaster risk for Pacific Island communities

The Conversation - Wed, 2020-07-22 05:49
Tropical cyclones account for almost four in five natural disasters across Pacific Island nations. But a new forecasting tool now gives up to four months warning for the upcoming cyclone season. Andrew Magee, Postdoctoral Researcher, University of Newcastle Andrew Lorrey, Principal Scientist & Programme Leader of Climate Observations and Processes, National Institute of Water and Atmospheric Research Anthony Kiem, Associate Professor – Hydroclimatology, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.
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Over 4 mln DEBs-eligible offsets awaiting ARB issuance, data shows

Carbon Pulse - Wed, 2020-07-22 02:39
Additional compliance offsets that would meet California regulator ARB’s definition of having direct environmental benefits to the state (DEBs) are waiting for final approval, likely bolstering supply ahead of the WCI-linked carbon market's post-2020 period, according to registry data.
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RFS Market: RIN prices meander in July on lack of drivers

Carbon Pulse - Wed, 2020-07-22 02:38
US biofuel credits (RIN) values are stagnating in July as the market awaits clarity on next year’s proposed Renewable Fuel Standard (RFS) volumes and compliance waiver requests.
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People want a greener, happier world now. But our politicians have other ideas | George Monbiot

The Guardian - Wed, 2020-07-22 01:55

Boris Johnson’s ‘return to normality’ will only mean more consumerism at the expense of the planet – we must resist it

Out there somewhere, marked on no map but tantalisingly near, is a promised land called Normal, to which one day we can return. This is the magical geography we are taught by politicians, such as Boris Johnson with his “significant return to normality”. It is the story we tell ourselves, even if we contradict it with the very next thought.

There are practical reasons to believe that Normal is a fairyland to which we can never return. The virus has not gone away, and is likely to keep recurring in waves. But let’s focus on another question: if such a land existed, would we want to live there?

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Vattenfall cuts fossil generation in H1 amid “challenging” market conditions, coal write-down

Carbon Pulse - Wed, 2020-07-22 01:31
Swedish utility Vattenfall saw its fossil-based production fall by a third during the first half of 2020 due mainly to weak generation margins and "challenging" market conditions, it announced Tuesday.
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Revenue bonanza dries up for big battery storage in second quarter

RenewEconomy - Wed, 2020-07-22 00:29

The bonanza in revenue from the FCAS market on Australia's main grid dried up in the second quarter, leading to a big reduction in revenue for the country's fleet of big batteries.

The post Revenue bonanza dries up for big battery storage in second quarter appeared first on RenewEconomy.

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Wind and solar set new production records in second quarter, curtailment falls

RenewEconomy - Wed, 2020-07-22 00:20

South Australia windCurtailment of wind and solar farms fell by half in latest quarter, even as wind and solar set new output records.

The post Wind and solar set new production records in second quarter, curtailment falls appeared first on RenewEconomy.

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Grid emissions hit record low, as both coal output and prices plunge

RenewEconomy - Wed, 2020-07-22 00:05

Australia's main grid achieves trifecta of a record low in emissions in June quarter, even as the level of coal production and wholesale market prices plunged.

The post Grid emissions hit record low, as both coal output and prices plunge appeared first on RenewEconomy.

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Greta Thunberg says EU recovery plan's climate provisions inadequate

The Guardian - Tue, 2020-07-21 23:37

Activist says €750bn package shows leaders still not treating climate change as a crisis

Greta Thunberg has accused EU politicians of failing to acknowledge the scale of the climate crisis and said the €750bn Covid-19 recovery plan does not do enough to tackle the issue.

She said the package of measures agreed by EU leaders on Tuesday proved that politicians were still not treating climate change as an emergency.

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EU Midday Market Briefing

Carbon Pulse - Tue, 2020-07-21 23:07
EU carbon prices rose along with wider financial markets on Tuesday, boosted by a deal on the bloc's next seven-year budget and a coronavirus recovery fund that was clinched overnight.
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Campaigners launch legal challenge against UK's green recovery plans

The Guardian - Tue, 2020-07-21 23:00

Plan B says government proposals unlawful in light of obligations to cut emissions

Climate campaigners have launched a formal legal challenge against the government’s green recovery plans, claiming they are inadequate and “clearly unlawful” in light of the UK’s obligations to reduce emissions.

Plan B, the pressure group that successfully challenged the UK government over its plans to expand Heathrow, sent a “pre-action” letter to the prime minister and the chancellor on Tuesday, saying the government was missing an historic opportunity to avoid catastrophe.

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IEA chief tells Australia all coal must go if world to meet climate targets in orderly fashion

RenewEconomy - Tue, 2020-07-21 22:39

AGL's Loy Yang power station.IEA chief Fatih Birol says it will be impossible to meet even modest global climate targets if existing coal plants continue operating at full capacity and for their lifetimes.

The post IEA chief tells Australia all coal must go if world to meet climate targets in orderly fashion appeared first on RenewEconomy.

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Apple's 2030 carbon-neutral pledge covers itself and suppliers

BBC - Tue, 2020-07-21 22:01
The "zero climate impact" promise covers both its own operations and those of its suppliers.
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Greta Thunberg donates €1m prize money to climate groups – video

The Guardian - Tue, 2020-07-21 20:41

Climate activist Greta Thunberg has been awarded the Gulbenkian prize for humanity for the way she 'has been able to mobilise younger generations' and has announced she will donate the prize money to climate groups. 

The €1m is the largest prize won by the 17-year-old environmental campaigner who has also won Amnesty International’s top human rights prize and the Swedish Right Livelihood award, often presented as an alternative Nobel prize

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