Around The Web

Carbon Management & Energy Transition Advisor, GaffneyCline – Asia-Pacific

Carbon Pulse - Fri, 2021-12-03 11:49
The CM & ET Advisor – Asia Pacific will take the lead on developing and managing GaffneyCline CM & ET offering in Asia Pacific.
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CP Daily: Thursday December 2, 2021

Carbon Pulse - Fri, 2021-12-03 11:10
A daily summary of our news plus bite-sized updates from around the world.
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British Columbia not considering LCFS price cap even as credit values soar

Carbon Pulse - Fri, 2021-12-03 10:50
British Columbia Low Carbon Fuel Standard (LCFS) credits reached new highs last month, but the province isn’t likely to move forward with a price cap, a government official told a conference Thursday.
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Most Australian households are well-positioned for electric vehicles – and an emissions ceiling would help

The Conversation - Fri, 2021-12-03 10:44
Australians are ready to embrace electric vehicles - but an emissions ceiling would speed up the transition dramatically. Ingrid Burfurd, Senior Associate, Transport and Cities Program, Grattan Institute, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.
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NA Markets: CCAs routed after post-auction rebound, RGAs drift before sale results

Carbon Pulse - Fri, 2021-12-03 10:10
California Carbon Allowances (CCAs) were taken to the woodshed this week as ICE's margin hike and coronavirus worries weighed on a market still recovering from a surprisingly low auction settlement, while RGGI Allowance (RGA) prices trended down as traders awaited the result of the power sector scheme’s own Q4 sale.
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Labor lowers 2030 target to 43 per cent, to blunt Morrison scare campaign

RenewEconomy - Fri, 2021-12-03 09:12

Shadow Minister for Climate Change Chris Bowen. (AAP Image/Mick Tsikas)Labor to take a 43 per cent emissions target to the next federal election, and a paired back policy platform designed to blunt Morrison scare campaign.

The post Labor lowers 2030 target to 43 per cent, to blunt Morrison scare campaign appeared first on RenewEconomy.

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Energy Insiders Podcast: Hazelwood transition from dirty coal plant to big battery

RenewEconomy - Fri, 2021-12-03 09:08

Hazelwood power station - Jeremy Buckingham via creative commons 2 - optimisedBen Bolot from ATCO on the role pumped hydro storage could play in a renewables dominated grid in Australia.

The post Energy Insiders Podcast: Hazelwood transition from dirty coal plant to big battery appeared first on RenewEconomy.

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Shell pulls out of Cambo oil field development

BBC - Fri, 2021-12-03 08:09
The oil giant said the economic case for investment in the controversial project was "not strong enough".
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Uncertain legal nature of voluntary carbon credits holding back market -financial trade body

Carbon Pulse - Fri, 2021-12-03 07:55
The fast-growing market for voluntary carbon credits would be bolstered by the further development of derivatives trading, but several key legal issues including the uncertain legal nature of offsets need to first be addressed, a major financial industry trade association has said.
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New Zealand’s biggest solar farm to be built at Christchurch Airport

RenewEconomy - Fri, 2021-12-03 07:54

A 150MW solar farm - by far the biggest in New Zealand - is to be built at Christchurch Airport, and funded by an Australian-based renewables fund.

The post New Zealand’s biggest solar farm to be built at Christchurch Airport appeared first on RenewEconomy.

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Acciona signs solar supply deal for 3GW green hydrogen plant in Queensland

RenewEconomy - Fri, 2021-12-03 07:47

Massive Queensland green hydrogen project signs up 600MW solar farm, the first of a dozen similar deals to reach its 2030 production targets.

The post Acciona signs solar supply deal for 3GW green hydrogen plant in Queensland appeared first on RenewEconomy.

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Woodside’s new Western Australian gas project ‘a bet against’ global 1.5C goal, report finds

The Guardian - Fri, 2021-12-03 06:41

Climate Analytics says Scarborough project’s emissions expected to be 1.37bn tonnes of CO2, which would slow push to reach net zero

Energy giant Woodside and Australian governments are betting against the success of the Paris climate agreement by backing a gas development that would substantially increase greenhouse gas emissions, according to a new report.

Woodside last month announced it had made a final investment decision to develop the $16bn Scarborough to Pluto liquefied natural gas (LNG) project off Western Australia’s north-west coast.

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EU nations remain split over need to meddle in energy, CO2 markets

Carbon Pulse - Fri, 2021-12-03 06:30
EU energy ministers are still at odds over whether to intervene in the EU ETS amid a long-lasting energy price spike, with a few member states still pushing for temporary relief at Thursday's Council meeting.
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Shell pulls out of Cambo oilfield project

The Guardian - Fri, 2021-12-03 05:49

Oil giant cites weak economic case as reason for deciding not to go ahead with controversial project off Shetland

Shell has pulled out of a controversial new oilfield off the Shetland Islands, plunging the future of oil exploration in the area into doubt.

Shell, which was planning to exploit the field along with the private equity-backed fossil fuel explorer Siccar Point, cited a weak economic case as its reason for deciding not to go ahead with the project.

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Solar and La Niña boost summer reliability outlook, but failing coal still a worry

RenewEconomy - Fri, 2021-12-03 05:21

Australian Energy Market Operator predicts no supply shortfalls for second summer in a row, but is keeping a close eye on rain, Yallourn, and the solar duck.

The post Solar and La Niña boost summer reliability outlook, but failing coal still a worry appeared first on RenewEconomy.

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Sex ratio of babies linked to pollution and poverty indicators

The Guardian - Fri, 2021-12-03 05:00

Study finds some pollutants are correlated with higher levels of boys and others with more girls

A swathe of pollutants and indicators of poverty have been linked to changes in the ratio of baby boys to girls born to millions of parents.

A study of half the US population and the entire Swedish population examined more than 100 possible factors and found, for example, that mercury, chromium and aluminium pollution correlated with more boys being born, while lead pollution increased the proportion of girls. Proximity to farming also affected the sex ratio, possibly due to higher chemical exposures.

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Plans to mine Ecuador forest violate rights of nature, court rules

The Guardian - Fri, 2021-12-03 03:40

Landmark ruling says mining permits issued in Los Cedros protected area breach Ecuador’s constitution

Ecuador’s highest court has ruled that plans to mine for copper and gold in a protected cloud forest are unconstitutional and violate the rights of nature.

In a landmark ruling, the constitutional court of Ecuador decided that mining permits issued in Los Cedros, a protected area in the north-west of the country, would harm the biodiversity of the forest, which is home to spectacled bears, endangered frogs, dozens of rare orchid species and the brown-headed spider monkey, one of the world’s rarest primates.

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Australia's biggest fossil fuel investment for a decade is in the works – and its greenhouse gas emissions will be horrifying

The Conversation - Fri, 2021-12-03 01:12
The sheer scale of emissions from the expansion, and projects linked, to it will make achieving 2030 emission targets much harder for Western Australia and by extension, Australia and the world. Bill Hare, Director, Climate Analytics, Adjunct Professor, Murdoch University (Perth), Visiting scientist, Potsdam Institute for Climate Impact Research Licensed as Creative Commons – attribution, no derivatives.
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What can we gain from open access to Australian research? Climate action for a start

The Conversation - Fri, 2021-12-03 01:12
Open access to COVID-19 research accelerated the development of solutions. The urgency of climate change demands the same approach, but more than half of Australian research is still behind paywalls. Lucy Montgomery, Program Lead, Innovation in Knowledge Communication, Curtin University Cameron Neylon, Professor of Research Communications, Curtin University Karl Huang, Senior Research Fellow, Centre for Culture and Technology, Curtin University Licensed as Creative Commons – attribution, no derivatives.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2021-12-02 22:59
EU allowances set their 12th record in 15 days on Thursday morning as buyers dominated the market, while a mixed bag of energy prices failed to offer any fundamental support.
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