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EUAs are on track to peak just shy of €40 in four years, but they could fall far short of that and even drop below €10 by 2030 if member states aggressively phase out coal power without cancelling carbon allowances to offset the impact, an ICIS analyst said on Thursday.

Green groups are again preparing numerous arguments to support the Canadian federal government’s ability to impose its ‘backstop’ CO2 pricing plan on recalcitrant provinces as Ontario’s court challenge starts Monday.

Mitsubishi electric cars will be equipped with two-way charging that will allow them to send power back into homes.

The post Mitsubishi plans two-way traffic – between homes and electric cars appeared first on RenewEconomy.

California Low Carbon Fuel Standard (LCFS) credit prices continued their month-long slide this week after regulator ARB floated a price ceiling for transactions in the programme.

California Carbon Allowance (CCA) prices rose significantly this week as new speculative capital continued to drive the WCI market's recent bull run, while RGGI allowances (RGAs) saw minimal activity and small gains on the secondary market.

After ten long years of searching, scientists have failed to find trace of a living Yarra Pygmy Perch in the Coorong, in South Australia.

Fossil fuel emissions are exceeding what natural systems can absorb, as year-on-year comparisons attest

Last Saturday the Guardian started publishing the carbon dioxide (CO2) measurement from Mauna Loa, Hawaii. Far from big sources, this is an indicator for the whole northern hemisphere. Each day you will see the numbers change a little. Over the last year they varied between 404 and 415 parts per million (ppm). They were lowest in late summer due to plant photosynthesis and greatest in spring from emissions that accumulated during the winter.

But compare year on year and you will see CO2 rising as emissions from our fossil fuel burning exceed what natural systems absorb. Globally, about 70% of CO2 emissions comes from cities. In leafy Egham, west of London, summer CO2 decreases by day due to plant photosynthesis and then plant respiration releases some of this at night. Along with emissions from fossil fuels, typical summer days show a variation of about 25ppm.

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European carbon stormed to a fresh 11-year high on Thursday as buyers pushed them above €27 amid rising gas and coal, though some experts said that after rallying almost 30% since the end of March, EUAs could now be due a large correction. A Carbon Pulse subscription is required to read the full article. Subscribe […]

Concerns about the strain electric cars can put on the electricity grid are not unfounded, but there are some relatively simple fixes available. Marcus Brazil, Associate Professor and Reader in Engineering, University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

BBC News launches a chat bot to help users learn about climate change in weekly conversations.

The UK is pushing ahead with plans to develop its own emissions trading scheme to implement after it leaves the bloc, despite the ongoing impasse in Brexit negotiations, though it appears to have fallen slightly behind schedule.

An Israeli spacecraft will try to touch down on the lunar surface today.

China’s biggest cap-and-trade market saw a 460% year-on-year increase in value over Q1 as institutional investors entered amid signs of the scheme’s historical allowance surplus drying up, pushing prices up to four-year highs in the process.

Australia's Prime Minister Scott Morrison on Thursday called a national election for May 18, of which the outcome will play a decisive rile for Australia’s future climate ambitions and the extent to which it will use emissions markets to reach its goals.

Federal opposition is building a case to review the approval of the mine’s groundwater management plan

Labor is building a case to review the approval of the Adani mine’s groundwater management plan, accusing the government of using the start of the election campaign to avoid scrutiny over whether environment minister Melissa Price’s decision was subject to interference.

Scott Morrison’s decision to call the election on Thursday cut short Senate estimates, which was due to examine Commonwealth Scientific and Industrial Research Organisation witnesses about scientific advice given before the approval.

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Greens Leader Richard Di Natale is already calling the election for Labor, but he wants control of the Upper House.

Draft changes to frameworks regulating embedded networks in NEM propose exempt network service providers and sellers face obligations closely mirroring those of distributors and retailers.

The post Major regulatory disruption to embedded networks on the horizon appeared first on RenewEconomy.

The transport sector is the fastest growing contributor of greenhouse gases. Electric vehicles are a cost-effective solution. Gail Broadbent, PhD candidate Faculty of Science UNSW, UNSW Graciela Metternicht, Professor of Environmental Geography, School of Biological Earth and Environmental Sciences, UNSW Licensed as Creative Commons – attribution, no derivatives.

Solar developers slam Queensland government rule restricting panel installation to licensed electricians as "absurd," and warn it will kill many big solar projects.

The post “Cheap shot” at big solar: Industry slams Queensland rule change appeared first on RenewEconomy.

sonnen has launched an industry wide manufacturer initiative to push the use of cobalt-free lithium ion batteries for home storage systems to increase awareness for more sustainable materials and longer-lasting batteries.

The post sonnen launches industry wide initiative for cobalt-free batteries in home storage systems appeared first on RenewEconomy.