Around The Web

Equal, annual EUA sales seen for 450-Mt Innovation Fund in bid to avoid market disruption

Carbon Pulse - Fri, 2019-03-01 21:37
Sales of at least 450 million EU Allowances to finance the bloc’s Innovation Fund will likely be spread almost evenly over the next 11 years, in an approach that has broad support from stakeholders and which according to analysts is unlikely to affect prices.
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CN Markets: Pilot market data for week ending Mar. 1, 2019

Carbon Pulse - Fri, 2019-03-01 21:11
Closing prices, ranges and volumes for China's regional pilot carbon markets this week.
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New York's canners: the people who survive off a city's discarded cans

The Guardian - Fri, 2019-03-01 21:00

‘It’s honest dollars,’ says one canner, but it’s not easy work – canners plan meticulous routes and often work long hours

“It’s good for the environment,” says Anthony Pemberton, arranging the recyclable empty bottles and cans in his shopping cart. “And I’m a conservationist. You do also get 5¢ per can, which is a motivator.”

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Australian carbon credit issuances remain modest as uncertainty persists

Carbon Pulse - Fri, 2019-03-01 20:41
New offset issuances were again well below long-term averages this week as the looming May elections cast uncertainty over the future settings of Australia’s emissions market, despite a fresh pledge from the government to top up its credit-buying fund.
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10 things to know about Scott Morrison’s so-called climate “pivot”

RenewEconomy - Fri, 2019-03-01 13:41

Scott Morrison CoalScott Morrison's week-long celebration of climate and energy policies looks less like a pivot than a crouch. It would make more sense if more renewables were on the agenda, but they aren't.

The post 10 things to know about Scott Morrison’s so-called climate “pivot” appeared first on RenewEconomy.

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Warm autumn likely to follow Australia’s hottest summer on record

RenewEconomy - Fri, 2019-03-01 13:20

Australia's warmest summer on record – with extremes of drought, flooding, fire and heat – looks set to continue into autumn, with warmer temperatures and below average rainfall.

The post Warm autumn likely to follow Australia’s hottest summer on record appeared first on RenewEconomy.

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Renewables super grid proposed to solve Europe’s energy dilemma

RenewEconomy - Fri, 2019-03-01 13:09

Pan-European decentralised renewable electricity system connected across a high-volume super grid described as least-cost option to achieve Paris Agreement goals and power EU.

The post Renewables super grid proposed to solve Europe’s energy dilemma appeared first on RenewEconomy.

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It’s time for Australia’s renewables industry to go all in

RenewEconomy - Fri, 2019-03-01 12:32

Given the rapidly falling cost of solar and wind, the renewables industry should be actively fighting for Australia to rapidly move to 100% renewables and beyond.

The post It’s time for Australia’s renewables industry to go all in appeared first on RenewEconomy.

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CP Daily: Thursday February 28, 2019

Carbon Pulse - Fri, 2019-03-01 10:27
A daily summary of our news plus bite-sized updates from around the world.
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RGGI prices and volume up in Q4 as compliance holdings increase -report

Carbon Pulse - Fri, 2019-03-01 09:34
Compliance-oriented entities significantly increased their RGGI allowance holdings during the fourth quarter amid higher trading activity and rising prices, according to a report published Thursday.
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Have your say on Australia’s Hydrogen Strategy

Department of the Environment - Fri, 2019-03-01 09:11
Hydrogen is a clean fuel that can replace or augment natural gas, coal and oil. Momentum is building worldwide for the development of a global hydrogen market. Australia could play a leading role in this market because of our abundant energy...
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Tesla’s big news: the base Model 3 electric sedan is finally available

RenewEconomy - Fri, 2019-03-01 09:10

model 3The wait is finally over: Tesla releases the cheapest "mass market" version of the Model 3 yet, and send its website into overload.

The post Tesla’s big news: the base Model 3 electric sedan is finally available appeared first on RenewEconomy.

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UK-based EU ETS verifiers, Kyoto account holders face restrictions under ‘no-deal’ Brexit

Carbon Pulse - Fri, 2019-03-01 09:01
UK-based emission auditors will no longer be able to verify GHG output from EU ETS participants in other countries should Britain leave the bloc without a withdrawal agreement, the UK government announced Thursday.
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NA Markets: CCAs find bullish support with auction result, as RGAs move on thin volume

Carbon Pulse - Fri, 2019-03-01 08:42
California Carbon Allowance (CCA) prices rose this week as traders took a bullish view of the February WCI auction result published Wednesday, while RGGI allowances (RGAs) found additional price support despite continued thin market activity.
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Alberta utility TransAlta misses 2018 offset revenue target, but GHGs plummet

Carbon Pulse - Fri, 2019-03-01 08:20
Calgary-based power generator TransAlta fell short of its revenue target for carbon offsets in 2018, but the retirement of several coal-fired units helped the Canadian company slash its emissions, it said in annual results published Wednesday.
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EU Market: EUAs stretch rally to fifth day, with traders still perplexed over price spike

Carbon Pulse - Fri, 2019-03-01 05:57
European carbon prices rose for a fifth straight day on Thursday, briefly topping €22 in a week-long rally that has added almost 20% to prices and continues to confound many traders.
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Trump's interior chief accused of using new role to benefit old client

The Guardian - Fri, 2019-03-01 05:48

A complaint from a non-partisan group accuses David Bernhardt of weakening protections for endangered fish to favor farmers

Several years before becoming acting US interior secretary, David Bernhardt was a lobbyist for one of California’s largest water districts, where he sought to win more water for farmers, even if it came at the expense of imperiled fish that also needed it.

But despite joining the interior department in 2017, a new complaint alleges, he has continued to pursue policies that favor his old clients. According to the non-partisan Campaign Legal Center, he has taken steps to weaken protections for endangered fish, such as the diminutive delta smelt, in California and make more irrigation water available for prominent agricultural interests in the state.

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2018-19 was Australia's hottest summer on record, with a warm autumn likely too

The Conversation - Fri, 2019-03-01 05:25
The hottest Australian summer on record is ending, and it's likely we've got a warm, dry autumn to come. David Jones, Climate Scientist, Australian Bureau of Meteorology Lynette Bettio, Australian Bureau of Meteorology Skie Tobin, Climatologist, Australian Bureau of Meteorology Licensed as Creative Commons – attribution, no derivatives.
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NK contradicts Trump's account of why Hanoi summit failed

ABC Environment - Fri, 2019-03-01 05:20
The summit between US President Donald Trump and North Korean leader Kim Jong-un failed to produce a deal on denuclearisation and there was no declaration to end the Korean war; now North Korea is disputing Trump's account of why the talks collapsed.
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Fish stocks continuing to fall as oceans warm, study finds

The Guardian - Fri, 2019-03-01 05:00

Losses in North Sea are among the world’s biggest, according to US analysis

Fish catches have declined markedly and are likely to fall further, a study has found, with warming oceans to blame.

Around the world, fish populations have fallen over the past 80 years, although some species have shown greater resilience than others. Overall, catches of commercially important fish have fallen by just over 4%, but in some regions catches have plunged by about a third since early in the last century.

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