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CN Markets: China carbon trading grinds to a halt with compliance done, uncertain future

Carbon Pulse - Fri, 2022-01-21 20:53
Activity in the Chinese carbon market has fallen off a cliff in recent days after the last stragglers finalised their 2019 and 2020 ETS compliance, while the government has yet to make a decision on allocation and offset rules going forward.
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China weighs linking ETS, green power trading scheme

Carbon Pulse - Fri, 2022-01-21 20:13
China will explore the possibility of connecting its CO2 emissions trading scheme with the recently launched green power market, regulators said Friday, a move that could provide additional compliance pathways for emitters but spell the end for renewables-backed carbon offsets.
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China to slash ETS allocation benchmark by over 8% -analysts

Carbon Pulse - Fri, 2022-01-21 18:25
China will reduce by more than 8% the amount of CO2 permits per MWh of generated electricity handed out to coal-fired power plants in the national emissions trading scheme, analysts said Friday, citing exclusive information from the government.
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Female leadership is good for the world. Just look at Barbados

The Guardian - Fri, 2022-01-21 17:45

Mia Mottley is just one of a raft of strong women across the Caribbean and South America tackling society’s most pressing issues. The world could learn a lot from them

There is a common misconception that the developing world is full of archaic values and that women struggle to have their voices heard. The more countries I visit and the more female leaders I speak to, the more I am convinced the contrary is true.

In fact, those in positions of power worldwide could learn important lessons from these strong women when it comes to tackling some of society’s most pressing issues, including pandemics, the climate crisis, education and infrastructure.

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False banana: Is Ethiopia's enset 'wondercrop' for climate change?

BBC - Fri, 2022-01-21 16:47
The banana-like crop has the potential to feed more than 100 million people, according to research.
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NZ Market: NZUs hit NZ$75 on bullish sentiment, scarce available supply

Carbon Pulse - Fri, 2022-01-21 16:27
New Zealand carbon allowances touched the NZ$74 ($50.48) level for the first time in Friday trade, as sentiment remains bullish and permit holders are reluctant to part ways with their units.
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Solar and wind are cheaper than ever: So why the EU energy price crisis?

RenewEconomy - Fri, 2022-01-21 13:45

If renewables are now so much cheaper, why can’t consumers buy electricity directly from them and avoid paying the gas and carbon costs?

The post Solar and wind are cheaper than ever: So why the EU energy price crisis? appeared first on RenewEconomy.

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Australian hydrogen market achieves key export milestone – but with the wrong colour

RenewEconomy - Fri, 2022-01-21 13:30

 HySTRA).Australia achieves major milestone with purpose-built ship arriving to take first shipment of liquid hydrogen to Japan. But it's not green hydrogen – and it's not even clean.

The post Australian hydrogen market achieves key export milestone – but with the wrong colour appeared first on RenewEconomy.

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Zinc-air flow battery tapped to help power New York apartment building

RenewEconomy - Fri, 2022-01-21 13:08

A 100kW/1.5MWh demonstration zinc-air energy storage system, or ZESS, will be installed in Queens to demonstrate its long-duration energy storage capabilities.

The post Zinc-air flow battery tapped to help power New York apartment building appeared first on RenewEconomy.

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Lithium-air battery achieves world-leading energy density

RenewEconomy - Fri, 2022-01-21 12:53

Japanese researchers say their lithium-air battery has shown some of the highest energy densities and best cycle life performances ever achieved.

The post Lithium-air battery achieves world-leading energy density appeared first on RenewEconomy.

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CP Daily: Thursday January 20, 2022

Carbon Pulse - Fri, 2022-01-21 12:47
A daily summary of our news plus bite-sized updates from around the world.
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Capping global warming to 1.5C would cause 2% shrink in global GDP by 2050, report says

Carbon Pulse - Fri, 2022-01-21 11:30
An accelerated energy transition that aligns with a 1.5C pathway would result in global GDP being shaved by 2% by 2050, according to a report from energy consultants Wood Mackenzie.
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Fly-tipping: Government plans to tackle 'new narcotics' of waste crime

BBC - Fri, 2022-01-21 11:29
Illegal dumping of rubbish is on the rise as criminals exploit flaws in the system.
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Genex starts construction at flagship pumped hydro storage project

RenewEconomy - Fri, 2022-01-21 10:47

 Supplied).Genex kick-starts "milestone" tunneling works at the Kidston pumped hydro energy storage project in Queensland.

The post Genex starts construction at flagship pumped hydro storage project appeared first on RenewEconomy.

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Solar panel “upcycling” venture gears up for first factory in Victoria

RenewEconomy - Fri, 2022-01-21 10:41

A Melbourne and RMIT University-backed solar panel recycling factory is on track to start operating in late 2023, an update from the project team has said.

The post Solar panel “upcycling” venture gears up for first factory in Victoria appeared first on RenewEconomy.

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Britishvolt gets £100m boost to build UK’s first large-scale ‘gigafactory’

The Guardian - Fri, 2022-01-21 10:01

The deal to build an electric car battery plant near Blyth will bring up to 3,000 jobs to the area by 2028

The UK government will invest £100m in Britishvolt as the car battery manufacturing startup seeks to build Britain’s first large-scale “gigafactory” in the north-east of England.

The government’s Automotive Transformation Fund will invest alongside asset management company Abrdn and its majority-owned property investment arm, Tritax, to fund a sale and leaseback deal for the huge building that will house the electric car battery factory, near Blyth in Northumberland.

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More than 30,000 jobs at risk if insulation levy cut from fuel bills

The Guardian - Fri, 2022-01-21 10:01

Government considers scrapping scheme that pays for energy efficiency measures for poorer households

More than 30,000 jobs would be put at risk if the government were to scrap the energy bill levy that pays for home insulation improvements for poor households, the industry has warned.

Ministers are mooting an end to the Energy Company Obligation (ECO), a £1bn levy on energy bills that pays for energy efficiency measures for people on low incomes. The energy price cap is expected to rise by about £700 to £2,000 for the average household bill in April, after a surge in gas prices.

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German domestic ETS constitutionally sound, says govt-commissioned legal opinion

Carbon Pulse - Fri, 2022-01-21 09:59
Germany's environment agency has published a legal opinion it commissioned over the constitutionality of the country's new domestic emissions trading scheme for non-EU ETS sectors, and its compatibility with EU law.
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Alberta offset prices holding steady, though future increases face murkier outlook

Carbon Pulse - Fri, 2022-01-21 09:08
Alberta compliance offset values are expected to stagnate over the next several months as they exceed the 2021 excess emissions charge under the province’s large emitter programme, but the extent of future price increases remains challenging to predict as the energy mix changes and the Canadian federal government pursues an updated carbon pricing benchmark, traders said.
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