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CORRECTION – Position adjustments ahead for top carbon ETF after tracked index rebalances

Carbon Pulse - Tue, 2021-11-30 11:38
The world’s largest carbon allowance ETF is expected to adjust its holdings – currently valued at almost $1.4 billion – in the coming days after the index it tracks announced a major rebalancing with new market weightings.
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Australia emissions edge higher in latest quarter as “sluggish” federal policies slammed

RenewEconomy - Tue, 2021-11-30 11:34

emissions smoke stack research sustainability industry - canva - optimisedInadequate national policies to cut emissions criticised, as Australia's emissions bounce higher in first half of year during Covid recovery.

The post Australia emissions edge higher in latest quarter as “sluggish” federal policies slammed appeared first on RenewEconomy.

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Solar switch-off: WA becomes second state to reach for rooftop remote control

RenewEconomy - Tue, 2021-11-30 11:30

Western Australia to follow South Australia as second state to enable AEMO to direct residential rooftop solar systems to be switched off remotely.

The post Solar switch-off: WA becomes second state to reach for rooftop remote control appeared first on RenewEconomy.

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Solar reaches 110 per cent of South Australia demand as more records tumble

RenewEconomy - Tue, 2021-11-30 10:16

tailem bendRecords continue to tumble in South Australia, with solar reaching 110 pct of local demand, and wind and solar meeting an average 100pct of demand over 93 hours.

The post Solar reaches 110 per cent of South Australia demand as more records tumble appeared first on RenewEconomy.

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Emitters, speculators cut California carbon positions before Q4 auction results

Carbon Pulse - Tue, 2021-11-30 08:25
Both regulated entities and financial players shed their California Carbon Allowance (CCA) holdings last week prior to the release of the November WCI auction results, according to US Commodity Futures Trading Commission data published Monday.
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NA Markets: CCAs pare back losses after auction surprise, RGGI levels near $13

Carbon Pulse - Tue, 2021-11-30 07:25
California Carbon Allowance (CCA) prices recovered nearly half their losses in recent days after the Q4 WCI auction settled at a massive discount to the secondary market, while RGGI Allowances (RGAs) rebounded slightly from their own retracement just before this week’s quarterly sale.
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MEPs raise doubts on EU carbon border measure’s fit with global trade rules

Carbon Pulse - Tue, 2021-11-30 06:14
EU lawmakers cast doubt over whether the bloc's proposed Carbon Border Adjustment Mechanism (CBAM) is compatible with global trade rules on Monday, in a preliminary MEP exchange that raises the potential for changes to the plans.
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VCM Report: VER price hike slows near record levels amid post-COP lull

Carbon Pulse - Tue, 2021-11-30 05:24
Voluntary emissions reduction (VER) prices edged to new heights in some standardised contracts this week, while others slipped back amid subdued holiday-interrupted trade following the COP26 UN climate talks earlier in the month.
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Photos from the field: leaving habitats unburnt for longer could help save little mammals in northern Australia

The Conversation - Tue, 2021-11-30 05:11
Northern Australia’s tropical savanna is one of the most fire-prone regions on the planet. We need to change the way we manage fires so we can help native wildlife come back from the brink. Ben Corey, Adjunct Research Associate, Charles Darwin University Ian Radford, Adjunct Senior Research Fellow, Charles Darwin University Leigh-Ann Woolley, Adjunct Research Associate, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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Federal government lags all Australian states on renewable energy action, new report finds

The Guardian - Tue, 2021-11-30 05:01

World Wildlife Fund Australia awards commonwealth wooden spoon over missed opportunity at Cop26

The federal government has been ranked last behind all Australia’s states and the Northern Territory in the move toward clean energy, with a new report showing Tasmania, New South Wales and South Australia are leading the transition to renewables.

World Wildlife Fund Australia’s second “renewable superpower” scorecard ranks Australian governments on their progress in switching to clean energy and developing new renewable export industries.

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Senior Policy Advisors, Carbon Pricing and Business Engagement, Scottish Government – Edinburgh

Carbon Pulse - Tue, 2021-11-30 03:02
These roles sit in the Just Transition Policy Unit. The Carbon Pricing post-holder will lead on developing and coordinating SG policy on carbon pricing, particularly in regards to the new UK Emissions Trading Scheme (ETS). The successful candidate will represent SG at inter-governmental working groups, and advise and prepare senior officials and Ministers for negotiations. The Business Engagement post-holder will be part of the Just Transition Engagement team. The successful candidate will lead on SG’s relationship with business on just transition policy issues, with a particular focus on supporting the co-design and co-delivery of Just Transition Plans.
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UK farmers may have to cut livestock count to save rivers, says expert

The Guardian - Tue, 2021-11-30 03:01

Overload of chicken and dairy cow manure has left some catchments critical, says author of book on issue

UK farmers may have to reduce the number of animals they keep because of the critical state of some river catchments, a pollution expert from the government’s environment watchdog has said.

Farming is the most significant source of water pollution and ammonia emissions into the atmosphere in the UK, according to government data. It accounts for 25% of phosphate, 50% of nitrate and 75% of sediment loadings in the water environment, which harms ecosystems.

Speaking independently, Tim Bailey of the Environment Agency said the state of catchments such as the River Wye and the Somerset Levels and Moors had become critical because of the number of chickens and dairy cows and the problem of disposing of manure from farms.

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‘Confronting’: Great Barrier Reef faces frequent extreme coral bleaching at 2C heating, research finds

The Guardian - Tue, 2021-11-30 02:30

Even if warming is kept to 1.5C, bleaching would hit more than three times a decade, study predicts

Parts of the Great Barrier Reef would be hit with extreme levels of coral bleaching five times each decade by the middle of this century if global heating was kept just below 2C, according to ‘“confronting” new research.

Even under the most ambitious scenario where heating is kept to 1.5C, coral bleaching strong enough to kill corals would hit somewhere on the reef more than three times a decade, the study predicts.

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Coal power plants are killing millions with air pollution and must be closed, research finds

RenewEconomy - Tue, 2021-11-30 02:00

 Canva).Research finds climate policies alone won't address health concerns of fossil fuels, with six million deaths from power plant pollution avoidable by 2050.

The post Coal power plants are killing millions with air pollution and must be closed, research finds appeared first on RenewEconomy.

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Venture Builder, Carbon13 – Remote

Carbon Pulse - Tue, 2021-11-30 00:48
Carbon13 is looking for people to become founders of scalable startups which can reduce emissions by millions of tonnes.
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Iceland’s new coalition sticks to 2040 net zero goal, ending oil exploration

Carbon Pulse - Tue, 2021-11-30 00:19
Iceland’s coalition talks ended Sunday, confirming the nation’s existing climate and energy commitments, as the ruling bloc enters its second consecutive term after September’s general election.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2021-11-30 00:08
EUAs rallied sharply at the start of trading on Monday, setting a new record as wider markets shrugged off Friday's concerns about the emergence of the Omicron variant of the Covid-19 virus.
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Green hydrogen can cost less than €1.8/kg in EU by 2030 -von der Leyen

Carbon Pulse - Mon, 2021-11-29 23:58
European Commission President Ursula von der Leyen said on Monday that the EU should aim to drive the cost of green hydrogen to below €1.8 per kilogram by 2030, hitting a price level that would secure market competitiveness for the low-carbon fuel.
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US investment bank hires head of Asian environmental products

Carbon Pulse - Mon, 2021-11-29 21:01
A major US investment bank has added to its growing carbon desk in Singapore by hiring a dedicated head of Asian environmental products.
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White rhinos flown from South Africa to Rwanda in largest single translocation

The Guardian - Mon, 2021-11-29 21:00

In a bid to secure the future of the near threatened species, 30 animals have been driven, flown and finally rehomed in Akagera national park

Getting stuck into the in-flight wine wasn’t an option for the 30 passengers flying overnight from South Africa to Rwanda. Crew members instead worked to keep the first-time air travellers placid and problem-free. The last thing anyone wanted was a 1.5-ton rhino on the rampage aboard a Boeing 747.

“All the rhinos were slightly sedated to keep them calm and not aggressive or trying to get out of the crates,” said Jes Gruner, of conservation organisation African Parks, who oversaw the largest single rhino translocation in history this weekend. “The rhinos weren’t sedated on the plane in the sense they were totally lying down, as that’s bad for their sternums. But they were partly drugged, so they could still stand up and keep their bodily functions normal, but enough to keep them calm and stable.”

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