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EU Midday Market Brief

Carbon Pulse - Thu, 2019-09-26 22:23
European carbon swung around in choppy trade on Thursday after an early price spike was unwound by selling fuelled by bearish fundamentals.
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'Science on climate crisis is undeniable', Prince Harry says

The Guardian - Thu, 2019-09-26 22:04

It’s a race against time and one we are losing’, says Harry as he visits reforestation project in Botswana

Prince Harry has said the science on the climate crisis is undeniable as, led by Greta Thunberg, the “world’s children are striking” to force action.

The Duke of Sussex is in Botswana helping to create a new forest habitat after decades of deforestation because of locals gathering firewood and through elephant activity.

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Pakistan should opt for emissions trading, consider future China link -study

Carbon Pulse - Thu, 2019-09-26 19:53
Launching an emissions trading system for large-scale emitters would help Pakistan to rapidly deploy climate-friendly solutions while also achieving major co-benefits such as reductions in its air pollution levels, according to a UN-backed study.
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COMMENT: Carbon markets in Pakistan – Can the myth be turned into a reality?

Carbon Pulse - Thu, 2019-09-26 19:48
A carbon pricing instrument could support Pakistan reducing its greenhouse gas emissions and set the country into a lower-emissions pathway. However, carbon pricing cannot be seen in isolation, as an end in itself, and therefore it is important to ensure such approach is aligned with national priorities and that it can support and reinforce other existing policies, UNFCCC carbon pricing consultant Syeda Hadika Jamshaid argues in this op-ed.
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Greta Thunberg: teenager on a global mission to ‘make a difference’

The Guardian - Thu, 2019-09-26 19:41

Swedish environment activist’s campaign began with solo climate protest and attracted 4 million students on latest day of strikes

The Swedish climate activist Greta Thunberg has become known globally for her campaign over the environment. In August 2018, aged 15, Thunberg began a solo climate protest by striking from school. She has since been joined by tens of thousands of school and university students in more than a dozen countries, in school climate strikes that have become regular events. A global strike in March drew more than a million people, surpassed in September by the biggest yet with at least 4 million.

Thunberg has described the rapid spread of the strikes around the world as amazing. “It proves you are never too small to make a difference,” she said. Her protests were inspired by US students who staged walk-outs to demand better gun controls in response to multiple school shootings.

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Fight the power: why climate activists are suing Europe’s biggest coal plant

The Guardian - Thu, 2019-09-26 19:36

Future of Poland’s Bełchatów power station under scrutiny as grassroots groups and NGOs take radical action

It is Europe’s biggest coal plant, with annual CO2 emissions roughly equivalent to those of the whole of New Zealand – but the future of the Bełchatów power station in central Poland has been called into question after a global environmental charity announced a legal challenge designed to eliminate the facility’s carbon footprint by 2035.

ClientEarth, an international NGO that seeks to protect the environment through legal action, announced on Thursday that it was taking PGE GiEK, a subsidiary of Polish state-owned power giant Polska Grupa Energetyczna, to court over emissions at the Bełchatów plant, which is notorious for its burning of highly polluting lignite, or brown coal.

Related: Can Poland wean itself off coal?

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NZ Market: NZU trade goes fallow amid agriculture uncertainty

Carbon Pulse - Thu, 2019-09-26 19:27
NZU trade has been moribund in recent sessions, with outlook turning slightly negative amid reports that the government is struggling to finalise a deal to bring agricultural emissions into the ETS.
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Australia’s EDL Energy earns 565,000 carbon credits in latest issuance

Carbon Pulse - Thu, 2019-09-26 19:22
Australia’s Clean Energy Regulator swelled its carbon credit issuance to over 700,000 this week, with energy firm EDL earning the vast majority for emission cuts at a number of landfill sites.
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How does Scott Morrison's climate declaration at the United Nations stack up?

The Guardian - Thu, 2019-09-26 19:06

Checking the claims: the PM trumpets Australia’s policies as ‘responsible and achievable’. But what do experts say?

Speaking in the US, Scott Morrison said he would drastically reduce plastic pollution and strongly defended Australia’s position on climate change. Does what he said stack up?

CLAIM: Australia will ban exports of plastic, paper and glass waste starting in 2020 and is leading on practical research and development into recycling.

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Is the PM right on Australia's climate change efforts?

ABC Environment - Thu, 2019-09-26 18:06
Overnight at the UN General Assembly, the Prime Minister Scott Morrison delivered a robust defence of his Government's commitment to reducing carbon emissions. The Prime Minister's speech has also been criticised by Labor and the Greens as misleading. But was it?
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SK Market: KAUs extend record highs again as compliance deadline looms

Carbon Pulse - Thu, 2019-09-26 17:13
South Korean carbon emission contracts set fresh records across the board again on Thursday, as the impending 2018 compliance deadline and a bullish long term outlook kept pushing up prices.
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Clean-air scientists fired by EPA to reconvene in snub to Trump

The Guardian - Thu, 2019-09-26 16:01

The panel of researchers have plans to continue their studies revealing that 21 million Americans live with unacceptable air pollution

An advisory panel of air pollution scientists disbanded by the Trump administration plans to continue their work with or without the US government.

The researchers – from a group that reviewed the latest studies about how tiny particles of air pollution from fossil fuels make people sick – will assemble next month, a year from the day they were fired.

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Climate emergency: 'Not much changed' in Scotland

BBC - Thu, 2019-09-26 15:38
A former SNP environment minister says 'not very much has changed' in Scotland on climate emergency.
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Vast Solar completes capital raise and wins international award for world-first dispatchable renewable energy technology

RenewEconomy - Thu, 2019-09-26 15:19

Australian concentrating solar thermal power (CSP) company Vast Solar has recently been awarded the CSP Technology Innovation Prize at the international CSPPLAZA Conference 2019 held in Suzhou, China.

The post Vast Solar completes capital raise and wins international award for world-first dispatchable renewable energy technology appeared first on RenewEconomy.

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Albanese says Scott Morrison has a habit of being 'loose with the truth'

The Guardian - Thu, 2019-09-26 15:10

Labor leader declares prime minister ‘is blaming the media for reporting the facts’

Anthony Albanese has delivered his strongest criticism of the prime minister yet, declaring Scott Morrison has a habit of being “loose with the truth” and blaming the media for reporting facts when he was uncomfortable with legitimate criticisms and questions.

Albanese, who has banned his caucus from using the word “liar” when referring to Morrison or government MPs, said Morrison’s latest deflection of Australia’s climate record was part of a “pattern” he had developed when asked uncomfortable questions.

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Royal Shakespeare Company threatened with boycott over BP sponsor

The Guardian - Thu, 2019-09-26 15:00

School climate strike activists call on theatre group to sever ties with oil firm

School climate protesters who took to the streets in huge numbers across the UK last week are threatening to boycott the Royal Shakespeare Company over its sponsorship deal with BP.

In a letter being sent to the RSC on Thursday, a group representing young people in towns and cities across the UK, says it will launch a boycott campaign unless the theatre company severs its ties with big oil.

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PV giant JinkoSolar targets 100% renewables by 2025

RenewEconomy - Thu, 2019-09-26 14:55

Chinese PV manufacturing giant says it “makes business sense” to shift its operations to 100% renewables by 2025 – we should hope so!

The post PV giant JinkoSolar targets 100% renewables by 2025 appeared first on RenewEconomy.

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Grid reform “urgent” in race to catch up with solar, batteries and EVs

RenewEconomy - Thu, 2019-09-26 14:46

rooftop solarAEMC unveils blueprint for "future energy grid" embracing rooftop solar, household batteries and electric vehicles, although its call for urgency rankles with those that see the rule-maker as a stumbling block in the past.

The post Grid reform “urgent” in race to catch up with solar, batteries and EVs appeared first on RenewEconomy.

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Vestas wind turbine assembly plant opens at old Ford factory in Victoria

RenewEconomy - Thu, 2019-09-26 14:43

Wind turbines assembled on Australian soil for first time in more than 10 years, with launch of the Vestas Renewable Energy Hub in former centre for car manufacturing.

The post Vestas wind turbine assembly plant opens at old Ford factory in Victoria appeared first on RenewEconomy.

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Morrison’s lame Kyoto and reef defence drowned by stark UN oceans report

RenewEconomy - Thu, 2019-09-26 14:35

Scott Morrison UN General Assembly climate change - optimisedMorrison wants Australia's climate "action" to be praised and children shielded from truth about climate impacts, just as new UN report reveals stark impacts on oceans and reefs.

The post Morrison’s lame Kyoto and reef defence drowned by stark UN oceans report appeared first on RenewEconomy.

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