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UK proposes capacity market changes to accommodate more renewables

Carbon Pulse - Tue, 2024-10-15 19:43
The UK is seeking views on potential changes to its capacity markets scheme aimed at keeping flexible power capacity online while strengthening the security of supply and helping to push out unabated gas-fired power, the government announced on Tuesday.
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INTERVIEW: CBAM cannot shield us from Russia, EU fertiliser industry warns

Carbon Pulse - Tue, 2024-10-15 19:39
Fertiliser production in Europe is struggling to compete on global markets due to the continent’s dependence on gas imports, the EU’s trade association has said, while warning against Russia's attempt to systematically undercut the bloc's producers to “kill the European fertiliser industry and create a dependency for our farmers”.
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CCS capacity ramping up, NDCs may drive further growth, says report

Carbon Pulse - Tue, 2024-10-15 19:30
There are now 50 carbon capture and storage (CCS) facilities operating across the world and another 628 in various stages of development, according to a report released Tuesday, with the inclusion of the technology in national UN climate strategies likely to drive further expansion.
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Japan to add J-Credit methodology for N2O reduction in sewage treatment

Carbon Pulse - Tue, 2024-10-15 18:10
Japan is planning to add a new carbon offset methodology for sewage treatment projects that introduce N2O decomposition equipment to its national J-Credit programme.
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Scientist examining HIR ACCU project compliance refutes damning study findings

Carbon Pulse - Tue, 2024-10-15 17:02
A scientist tasked with scrutinising Australian human-induced regeneration (HIR) projects on behalf of the Clean Energy Regulator has hit back against accusations about his practices and findings that the projects are over-credited.
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INTERVIEW: EU regulation on reducing agriculture emissions could erode case for carbon finance

Carbon Pulse - Tue, 2024-10-15 17:00
Setting EU regulation to reduce emissions in agriculture too soon could erode the incentive for farmers to participate in private markets such as those involving carbon finance, according to a Danish agtech company.
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ANALYSIS: Absence of policy, meagre funds keep India from realising CDR potential

Carbon Pulse - Tue, 2024-10-15 16:59
An absence of knowledge and policy on durable carbon removals (CDR) at the government level, along with a lack of investor interest in funding such projects, is keeping India from realising its vast CDR potential, according to experts.
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New Zealand broker to launch new trading platform

Carbon Pulse - Tue, 2024-10-15 16:17
A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.
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Foul smells and survival along the Caspian Sea – in pictures

The Guardian - Tue, 2024-10-15 16:00

As he travels along the Iranian coast, Khashayar Javanmardi photographs rusting ships, blazing wetland fires – and humans struggling to stay alive

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About 80% of countries fail to submit plans to preserve nature ahead of global summit

The Guardian - Tue, 2024-10-15 16:00

Countries promised to save 30% of land and sea for nature - but as their deadline approaches, only 24 have followed through with a plan

More than 80% of countries have failed to submit plans to meet a UN agreement to halt the destruction of Earth’s ecosystems, new analysis has found.

Nearly two years ago, the world struck a once-in-a-decade deal in Montreal, Canada, that included targets to protect 30% of land and sea for nature, reform billions of dollars on environmentally harmful subsidies and slash pesticide usage. Countries committed to submit their plans for meeting the agreement before the biodiversity Cop16 in Cali, Colombia, which begins this month – but only 25 countries have done so.

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Burning rubbish now UK’s dirtiest form of power

BBC - Tue, 2024-10-15 14:45
Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.
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Burning rubbish now UK’s dirtiest form of power

BBC - Tue, 2024-10-15 14:45
Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.
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Queensland Premier Steven Miles is promising to hold a vote on nuclear power. Here’s why

The Conversation - Tue, 2024-10-15 14:36
Queensland Premier Steven Miles has floated the idea of holding a plebiscite on nuclear power the day of the next federal election Anne Twomey, Professor Emerita in Constitutional Law, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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China continues to back coal power overseas despite commitment, report says

Carbon Pulse - Tue, 2024-10-15 14:27
China is still supporting the expansion of coal power overseas, with captive units remaining a loophole in the country's overseas coal ban, a report has found.
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Developer hands biodiversity crediting scheme to independent administrator

Carbon Pulse - Tue, 2024-10-15 10:00
Australia’s GreenCollar will hand its NaturePlus biodiversity crediting scheme to Accounting for Nature, in early 2025, for independent administration in a bid to enhance credibility and lay the foundations for market growth.
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UK ‘risks repeat of surging energy bills’ amid continued reliance on gas

The Guardian - Tue, 2024-10-15 09:01

Energy crisis panel warns country is ‘dangerously unprepared’ and must shift away from gas quickly

Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders.

The Energy Crisis Commission has warned that the UK is still “dangerously underprepared” for another crisis because it continues to rely on gas for its power plants and home heating.

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