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LCFS price cap expected at $218, CCA floor trending towards $18.00

Carbon Pulse - Thu, 2020-03-12 00:21
California regulator ARB should set the state’s pending Low Carbon Fuel Standard (LCFS) maximum price at just under $218 this year, while the current US inflation figure would place the state's WCI auction reserve value close to the $18.00 level, according to federal data published Wednesday.
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AEMC set to approve demand response energy trading, but households left out

RenewEconomy - Wed, 2020-03-11 23:01

AEMC demand response decision Finger Pointing To Electric Meter Reading - optimisedLarge energy users to be able to sell power to the grid as AEMC paves way for demand response trading, but households and small-businesses look set to be sidelined.

The post AEMC set to approve demand response energy trading, but households left out appeared first on RenewEconomy.

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EU Midday Market Update

Carbon Pulse - Wed, 2020-03-11 22:57
EUAs sank back below €24 early on Wednesday, below technical support that some had seen as helping carbon defy wider weakness across financial markets on the impact of the coronavirus.
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Shanghai commits to national ETS timetable despite virus

Carbon Pulse - Wed, 2020-03-11 21:21
The Shanghai municipal government on Wednesday ordered 73 companies to submit their 2019 emissions data by the end of this month, keeping China on track to launching its national emissions trading scheme before the end of the year despite the massive disruptions caused by the coronavirus.
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SK Market: Monthly KAU auction clears higher as demand persists

Carbon Pulse - Wed, 2020-03-11 19:12
South Korea’s monthly CO2 allowance auction sold out on Wednesday, with the clearing price moving up nearly 1% from last month’s sale as an overall shortage in the market continues to prop up demand.
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CORSIA pilot phase to be flush with supply even with vintage limits -report

Carbon Pulse - Wed, 2020-03-11 17:40
The international aviation industry’s offset market will have access to ample supply of carbon credits in its three-year pilot phase even if eligible units are restricted to those generated from 2016, according to a study released Wednesday.
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Critically endangered snapping turtle program breeds hope for survival

The Guardian - Wed, 2020-03-11 16:33

Ninety per cent of Bellinger River snapping turtle adult population was wiped out but Australia’s Taronga Zoo is breeding numbers back up

The Bellinger River snapping turtle is one of the rarest turtles on the planet after a virus wiped out more than 90% of the adult population in 2015, but a captive breeding program is bringing hope that a healthy population can be restored in the wild.

Thirty-five turtles have hatched at the special breeding facility at Taronga Zoo since the beginning of this year.

Continue reading...
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Coronavirus should give us hope that we are able to tackle the climate crisis

RenewEconomy - Wed, 2020-03-11 14:50

Coronavirus is not the only global crisis we face. So why has the global response to the climate crisis been so starkly different?

The post Coronavirus should give us hope that we are able to tackle the climate crisis appeared first on RenewEconomy.

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Regional community solar and storage projects win NSW government grants

RenewEconomy - Wed, 2020-03-11 13:56

NSW government RCEP community energy solar farm - optimisedNSW government awards seven grants to community solar and storage projects across regional parts of the state.

The post Regional community solar and storage projects win NSW government grants appeared first on RenewEconomy.

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Tritium appoints former Boeing executive Jane Hunter as new CEO

RenewEconomy - Wed, 2020-03-11 13:15

Jane Hunter tritium ceo - optimisedBrisbane-based electric vehicle fast-charging company Tritium appoints former Boeing Phantom Works executive as its new CEO.

The post Tritium appoints former Boeing executive Jane Hunter as new CEO appeared first on RenewEconomy.

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Rooftop solar unstoppable as market breaks “all previous records” in February

RenewEconomy - Wed, 2020-03-11 12:56

rooftop solarAustralia's rooftop solar market has shown no signs of slowing down so far in 2020, with booming residential installations in February helping to break all previous records and delivering the highest monthly registered capacity of 218MW.

The post Rooftop solar unstoppable as market breaks “all previous records” in February appeared first on RenewEconomy.

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Tesla rolls out one-millionth electric car – and it’s a Model Y

RenewEconomy - Wed, 2020-03-11 12:30

 Elon Musk/TwitterTesla has now made one million cars, all with zero tailpipe emissions.

The post Tesla rolls out one-millionth electric car – and it’s a Model Y appeared first on RenewEconomy.

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Regional NSW town to host large-scale hydrogen energy storage project – state’s first

RenewEconomy - Wed, 2020-03-11 11:29

unsw sydney hydrogen matt kean - optimisedNSW's first large-scale hydrogen energy storage project to partner with community-owned solar and battery project in states's north-east.

The post Regional NSW town to host large-scale hydrogen energy storage project – state’s first appeared first on RenewEconomy.

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Climate change: New rules could spell end of 'throwaway culture'

BBC - Wed, 2020-03-11 11:29
New rules could spell the death of today's "throwaway" culture in which products are bought, used briefly, then binned.
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Intern, Climate Change & Risk Management Division, ADB – Manila

Carbon Pulse - Wed, 2020-03-11 11:11
The Asian Development Bank is looking for an intern to support activities of ADB's Carbon Market Program (CMP), implementation of the TA on Establishing a Support Facility for Article 6 of the Paris Agreement and operation of the Future Carbon Fund.
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CP Daily: Tuesday March 10, 2020

Carbon Pulse - Wed, 2020-03-11 10:35
A daily summary of our news plus bite-sized updates from around the world.
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Can Finland's Saimaa seals survive climate change?

BBC - Wed, 2020-03-11 09:58
This breed of seal is facing extinction but conservationists in Finland are trying to save it.
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Biggest drop in CO2 emissions in 30 years in 2019 – but it’s not nearly enough

RenewEconomy - Wed, 2020-03-11 08:31

Coal Fired Power Station - optimised department queensland collinsvilleDeclining coal generation delivered a 2% fall in global power sector emissions. But we need 11% falls each year to 2030 to have any hope of meeting climate targets.

The post Biggest drop in CO2 emissions in 30 years in 2019 – but it’s not nearly enough appeared first on RenewEconomy.

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Japan begins solar powered hydrogen production at Fukushima plant

RenewEconomy - Wed, 2020-03-11 08:27

FH2R project completed at former nuclear hub, able to produce "green" hydrogen powered by a 20MW solar farm and some grid power.

The post Japan begins solar powered hydrogen production at Fukushima plant appeared first on RenewEconomy.

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Brussels plans more support for EU industry as virus measures disrupt work

Carbon Pulse - Wed, 2020-03-11 06:57
Brussels pledged a state aid review and support for clean hydrogen in its latest industrial strategy, which was unveiled on Tuesday even as the EU institutions cancelled multiple meetings amid efforts to contain the coronavirus.
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