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CP Daily: Friday July 26, 2019

Carbon Pulse - Sat, 2019-07-27 07:57
A daily summary of our news plus bite-sized updates from around the world.
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BHP's bold statement

ABC Environment - Sat, 2019-07-27 07:30
BHP this week upped the ante on climate change responsibility. Andrew Mackenzie, the company's CEO, said in a landmark speech in London that he wanted to ‘reduce the impact of BHP’s products’. This would extend to the carbon emissions of the company's customers, such as steelmakers.
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Country Breakfast features

ABC Environment - Sat, 2019-07-27 06:40
Saltwater solution for drought towns battling brackish drinking water; Families leave the land after generations amid succession struggles; Torrita locals fight for just eight seconds of your time to slow traffic down through their town.
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PJM won’t advance CO2 pricing without action from member jurisdictions

Carbon Pulse - Sat, 2019-07-27 06:24
US grid operator PJM will not implement a carbon pricing mechanism in its regional wholesale power market unless jurisdictions independently decide to charge for emissions, though it will continue to explore potential design options for such a programme, officials said Friday.
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Divergent California, federal vehicle GHG regulations could co-exist -lawyer

Carbon Pulse - Sat, 2019-07-27 06:20
A recent deal struck by California and four automakers on higher vehicle GHG standards in the next decade could operate alongside proposed weaker federal benchmarks, but the long-term outcome may still depend on a future court decision, a legal source told Carbon Pulse.
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Wildfires: blazes rage in Arctic during severe heatwave – video

The Guardian - Sat, 2019-07-27 05:11

The Arctic Circle is suffering from an unprecedented number of wildfires in the latest sign of a climate crisis. With some blazes the size of 100,000 football pitches, vast areas in Siberia, Alaska and Greenland are engulfed in flames. The World Meteorological Organisation has said these fires emitted as much carbon dioxide in a month as the whole of Sweden does in a year

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Carbon tax of $200/t would only marginally cut global oil emissions -study

Carbon Pulse - Sat, 2019-07-27 02:44
A global CO2 tax of $200 per tonne would only reduce GHGs from oil production by 4% over the next century, as the price would not be high enough to make a large dent in existing and undiscovered reserves, according to new research.
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EIB plans to cut all funding for fossil fuel projects by 2020

The Guardian - Sat, 2019-07-27 01:36

EU’s lending arm financed oil, gas and coal projects in 2018 with more than €2.4bn

The European Investment Bank has vowed to end its multibillion euro financing for fossil fuel projects by the end of next year in order to align its strategy with climate targets.

The EU’s lending arm has drafted plans, seen by the Guardian, which propose cutting support for energy infrastructure projects which rely on oil, gas or coal by barring companies from applying for loans beyond the end of 2020.

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The week in wildlife – in pictures

The Guardian - Sat, 2019-07-27 00:31

This week: a swimming adder, feeding polar bears and stranded whales

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Dinosaur bone: Scientists uncover giant femur in France

BBC - Sat, 2019-07-27 00:19
The two-metre long femur is thought to have belonged to a sauropod from the late Jurassic era.
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EU coal power use down 19% in H1 as carbon price hits hard -report

Carbon Pulse - Sat, 2019-07-27 00:12
EU coal power output fell 19% over H1 as higher carbon prices and cheaper renewables displaced big-emitting generation in almost every country, according to a report published Thursday.
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NSW set to overtake South Australia as top renewables generator

RenewEconomy - Sat, 2019-07-27 00:05

NSW poised to overtake South Australia in wind and solar output volume, and to fill in gap created by Liddell.

The post NSW set to overtake South Australia as top renewables generator appeared first on RenewEconomy.

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Arctic wildfires: What's caused huge swathes of flames to spread?

BBC - Fri, 2019-07-26 23:51
The fires are releasing significant amounts of carbon gases, contributing further to global warming.
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Proms pay space-aged tribute to Nasa engineer Christopher Kraft

BBC - Fri, 2019-07-26 23:37
Chris Kraft, who founded Nasa's mission control, is honoured at the Proms after his death this week.
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V&A to display collection of Extinction Rebellion artefacts

The Guardian - Fri, 2019-07-26 23:24

London art and design museum praises environmental group’s distinctive visual identity

A year ago, the climate activist movement Extinction Rebellion did not even exist. Now, just nine months after its first public action, the Victoria and Albert Museum in London has acquired a number of artefacts associated with the group, saying the visual impact of its campaigns can be compared to that of the suffragettes.

A green, blue and pink flag printed with the movement’s distinctive extinction symbol, two printing blocks used by activists early in the campaign to make their own protest banners and an already rare pamphlet from the first print run produced by the group will join the V&A’s permanent collections as part of its “rapid response” programme to put contemporary and newsworthy objects on display.

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CN Markets: Pilot market data for week ending July 26, 2019

Carbon Pulse - Fri, 2019-07-26 22:35
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Tim Flannery: Climate change - very big and fast moving

BBC - Fri, 2019-07-26 22:23
Tim Flannery, chief councillor of Climate Council Australia, warns about the pace of climate change.
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EU Midday Market Brief

Carbon Pulse - Fri, 2019-07-26 21:01
EU carbon prices fell for a third day on Friday, retreating further from this week's 13-year high as energy prices declined and Europe's heatwave receded.
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Australian offset issuance steady, waste and land-based projects dominate

Carbon Pulse - Fri, 2019-07-26 19:19
Australia’s Clean Energy Regulator has distributed nearly 300,000 carbon credits over the past two weeks, as issuance rates return to near average levels.
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180,000 tonnes of recycling heading to landfill as Victoria's SKM teeters on the brink

The Guardian - Fri, 2019-07-26 17:29

The company, which handles about half of the state’s recycling, is in financial crisis and has told local councils it can no longer accept material

More than half of the Victorian rubbish usually handled by stricken recycling operator SKM will be sent to the tip after the company told 30 local councils it could no longer collect material from them.

Victorian minister for the environment, Lily D’Ambrosio, said other operators had the capacity to absorb about 40% of the approximately 300,000 tonnes of recycling handled by SKM every year, leaving about 180,000 tonnes destined for landfill.

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