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Coalition’s climate policy reboot won’t do much for emissions, investor group warns

The Guardian - Sat, 2019-03-09 08:58

IGCC, which represents big funds, says ‘small-scale’ package is unlikely to offer a durable policy framework

Scott Morrison’s recent pivot on climate policy is unlikely to have a positive impact on Australia’s emissions profile because it fails to grapple with the underlying drivers of increased pollution, according to a new analysis by the Investor Group on Climate Change.

The IGCC, a group that represents institutional investors such as super funds, with total funds under management of about $2tn, has told its members Morrison’s “climate solutions package” won’t change the current trajectory of rising emissions because it is “small scale and unlikely to be a durable policy framework through time”.

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US Carbon Pricing Roundup for week ending Mar. 8, 2019

Carbon Pulse - Sat, 2019-03-09 06:20
A summary of legislative action on carbon pricing and clean energy bills at the US state level taken this week, including carbon tax proposals in Hawaii and Maryland and 100% carbon-free electricity bills in Minnesota and New Mexico.
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New Hampshire Senate approves bill with post-2020 RGGI changes

Carbon Pulse - Sat, 2019-03-09 06:12
The New Hampshire Senate approved a bill Thursday that would install the northeast US RGGI cap-and-trade programme's post-2020 Model Rule, moving the proposal to the lower legislative chamber, a state official confirmed.
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Country Breakfast Features

ABC Environment - Sat, 2019-03-09 05:45
Tough choices ahead for agriculture and the 'invisible drought' that's difficult to monitor underground.
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EU Market: EUAs hold above €23 as traders brace for Brexit fireworks

Carbon Pulse - Sat, 2019-03-09 05:03
EUAs settled just above €23 for a modest loss on Friday after a choppy session that saw carbon briefly extend this week's one-month high as traders eyed next week's looming UK Brexit votes and ETS compliance deadline.
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Speculative length in EUAs halved amid slurry of uncertainty and bearish factors

Carbon Pulse - Sat, 2019-03-09 04:38
Speculative length in the EU carbon market held by both long-term investors and short-term players has roughly halved from its peak last year, traders said, with at least one major fund taking a big hit early this quarter and buyers remaining cautious over a slurry of uncertainty and bearish factors.
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Off Track presents HumaNature

ABC Environment - Sat, 2019-03-09 04:30
Not quite tame, not quite wild.
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Washington state ETS bill introduced as rival CO2 tax proposal clears senate committee

Carbon Pulse - Sat, 2019-03-09 02:55
A Washington state senator formally introduced a cap-and-trade bill this week that would allow for a linkage with the WCI programme, while a separate $15 carbon tax proposal advanced in the upper chamber.
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The week in wildlife – in pictures

The Guardian - Sat, 2019-03-09 01:01

Bison in snow, a wolf puppy and the world’s only alpine parrot in this week’s gallery

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SpaceX Dragon demo capsule returns to Earth

BBC - Sat, 2019-03-09 00:06
The commercial astronaut capsule completed its demonstration flight on Friday with a splashdown in the Atlantic Ocean.
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CN Markets: Pilot market data for week ending Mar. 8, 2019

Carbon Pulse - Fri, 2019-03-08 23:01
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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Footage of cracks in North Ayrshire nuclear reactor released

The Guardian - Fri, 2019-03-08 22:48

EDF Energy says cracks in offline Hunterston B reactor growing faster than expected

Footage has been released of cracks found inside a reactor at a nuclear plant in Scotland.

The unit at Hunterston B in North Ayrshire has not been operating after the cracks were found to be growing faster than expected.

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The women farming in disaster zones – in pictures

The Guardian - Fri, 2019-03-08 22:00

Across the world, millions of farm animals are owned by women, providing an important source of food, income – and social status. Empowering these farmers means helping them ensure their animals survive

Photos by World Animal Protection

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Moment SpaceX Dragon capsule undocks from ISS

BBC - Fri, 2019-03-08 20:51
The unmanned commercial test vehicle will splash down in the Atlantic Ocean on Friday afternoon.
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South Korea to bring in ETS market maker from June 10

Carbon Pulse - Fri, 2019-03-08 20:24
South Korea will introduce a market maker in its emissions trading scheme from June 10, the environment ministry announced Friday, in a bid to boost the sluggish liquidity in the programme.
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Australian offset issuance remains low as govt legislates Safeguard changes

Carbon Pulse - Fri, 2019-03-08 19:40
Australia's Clean Energy Regulator’s carbon credit issuance fell to below 30,000 this week, around a seventh of the long-term average, while the government finally legislated softer Safeguard Mechanism rules flagged last year that likely ensure lower offset demand from the private sector.
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Bean-eating bug gets into top 10 worst garden pests

The Guardian - Fri, 2019-03-08 17:00

Experts point to climate change for shift in garden pest and disease rankings

An invasive bug with a taste for beans has jumped into the top 10 list of the worst garden pests as it benefited from the warm summer.

The Royal Horticultural Society said its latest annual list of which pests and diseases were causing the most trouble in gardens revealed the impact of the hot dry weather last summer.

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Why are governments banning Huawei’s 5G tech?

BBC - Fri, 2019-03-08 16:52
One potential problem with next gen mobile technology may have more to do with castles than you’d expect.
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School pupils can make their climate change strike hurt | Letters

The Guardian - Fri, 2019-03-08 16:50
Rachel Savage has an idea for young activists and Hannah Morrow wants a front-page reminder every day

A lot of officious adults have been saying that there’s little point in school pupils striking in protest at the lack of action on climate change, as it will have no economic effect. They have a point, and so I would like to put forward a suggestion that may work better.

Schoolchildren have no voice at the ballot box or wealth-creating labour to withdraw, but the pounds in their pockets weigh as heavily in the till as anybody else’s. We are at the beginning of Lent, when Christians traditionally deny themselves the good things in life in order to achieve a higher goal: why don’t our children hold a consumer-spending strike for this period? Buy – or have others buy for you – only life’s essentials: no sweets, makeup, computer games, sparkly unicorn poo slime, cinema tickets; buy clothes and books only if compulsory for school; if you usually buy a pasty or a sandwich at lunchtime, sign up for school dinners instead (I know, I know, but it will be a conspicuous sacrifice…).

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Kauri pines are late-blooming rainforest giants

The Conversation - Fri, 2019-03-08 14:42
During its first few decades, this tree is the runt of the rainforest. And then it starts its growth spurt, and can go on to live for millennia. Kevin Glencross, Research Fellow, Southern Cross University Licensed as Creative Commons – attribution, no derivatives.
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