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WCI emitters build near-record California carbon short position ahead of Q3 auction
Deforestation in Brazilian Amazon hits highest annual level in a decade
Rainforest lost 10,476 sq km between August 2020 and July 2021, report says, despite increasing global concern
Deforestation in the Brazilian Amazon has hit the highest annual level in a decade, a new report has shown, despite increasing global concern over the accelerating devastation since President Jair Bolsonaro took office in 2019.
Between August 2020 and July 2021, the rainforest lost 10.476 square kilometers – an area nearly seven times bigger than greater London and 13 times the size of New York City, according to data released by Imazon, a Brazilian research institute that has been tracking the Amazon deforestation since 2008. The figure is 57% higher than in the previous year and is the worst since 2012.
Continue reading...US Carbon Pricing and LCFS Roundup for week ending August 20, 2021
Climate change: Will I still be able to fly in a net zero world?
UPDATE – RFS Market: RINs continue sell-off as market anticipates lower biofuel quotas
Police unswayed by road-block ruling ahead of London climate protests
Metropolitan police vow to tackle ‘wilful obstruction’ in spite of supreme court’s Ziegler judgment
Police preparing for a new campaign of Extinction Rebellion (XR) protests in London have said they will not be deterred by a recent supreme court ruling that obstruction can be a legitimate and lawful form of protest.
The Ziegler judgment, handed down by the supreme court in June, had ruled that the exercising of protest rights could constitute a “lawful excuse” for obstructing the highway, even if the protest is considered disruptive.
Continue reading...Protests in Pakistan erupt against China’s belt and road plan
Demonstrations shut down Gwadar, where Chinese are blamed for lack of water and electricity and threat to local fishing
Protests have erupted in Pakistan’s port city Gwadar against a severe shortage of water and electricity and threats to livelihoods blamed on the Chinese. It is part of a growing backlash against China’s multibillion-dollar belt and road projects in the country.
This week, demonstrators including fishers and other local workers blocked the roads in Gwadar, a coastal town in Balochistan. They burned tyres, chanted slogans, and shut down the city, to demand water and electricity and a stop to Chinese trawlers illegally fishing in the nearby waters and then taking the fish to China. Two people were injured when the authorities cracked down on the protesters.
Continue reading...The climate science behind wildfires: why are they getting worse? – video explainer
We are in an emergency. Wildfires are raging across the world as scorching temperatures and dry conditions fuel the blazes that have cost lives and destroyed livelihoods.
The combination of extreme heat, changes in our ecosystem and prolonged drought have in many regions led to the worst fires in almost a decade, and come after the IPCC handed down a damning landmark report on the climate crisis.
But technically, there are fewer wildfires than in the past – the problem now is that they are worse than ever and we are running out of time to act, as the Guardian's global environment editor, Jonathan Watts, explains
Continue reading...Euro Markets: Midday Update
The week in wildlife – in pictures
The best of this week’s wildlife pictures, including wild horses, hungry cats and Wally the walrus
Continue reading...Scientists raise doubts over Leon’s ‘carbon-neutral’ burgers
Experts question credibility of environmental claims made by UK restaurant chain
The environmental credentials of Leon’s “carbon-neutral” burgers have been questioned after it emerged the fast-food chain was using controversial carbon offsets to make the claim.
In January, Leon announced it would become the first restaurant chain in the UK to serve carbon-neutral burgers and fries at more than 60 locations by reducing and offsetting the emissions they produce.
Continue reading...CN Markets: China ETS at standstill as market waits for access, CCER news
Oil firms made ‘false claims’ on blue hydrogen costs, says ex-lobby boss
Chris Jackson believes companies promoted ‘unsustainable’ fossil gas projects to access billions in taxpayer subsidies
Oil companies have used false claims over the cost of producing fossil fuel hydrogen to win over the Treasury and access billions in taxpayer subsidies, according to the outgoing hydrogen lobby boss.
Chris Jackson quit as the chair of a leading hydrogen industry association earlier this week ahead of a government strategy paper featuring support for “blue hydrogen”, which is derived from fossil gas and produces carbon emissions.
Continue reading...South Korea moves to increase 2030 emissions target
Energy Insiders Podcast: Replacing coal with renewables in south-east Asia
Tristan Knowles from the Asia Development Bank on the surprisingly quick transition to renewables.
The post Energy Insiders Podcast: Replacing coal with renewables in south-east Asia appeared first on RenewEconomy.
Guess who joined Angus Taylor on Empire-funded fracking gas trip to Beetaloo Basin
Gas company Empire Energy funded a trip for Angus Taylor and a range of prominent Liberal party figures and donors to its Beetaloo Basin project.
The post Guess who joined Angus Taylor on Empire-funded fracking gas trip to Beetaloo Basin appeared first on RenewEconomy.
Energy reforms are adrift and consumers and the planet will pay
States have led on Covid-19 response, now they need to step in again to save the NEM reform process from the clumsy mishandling of the federal government.
The post Energy reforms are adrift and consumers and the planet will pay appeared first on RenewEconomy.
Hanging batts: 40 pole-mounted community batteries to boost grid reliability
Forty community batteries will be mounted on power poles as part of a $11 million trial in Victoria to store excess solar power and boost reliability.
The post Hanging batts: 40 pole-mounted community batteries to boost grid reliability appeared first on RenewEconomy.
Queensland Coral Fishery – Agency application August 2021
Australia’s main grid saw nearly 5,000 negative price intervals in past year
The number of negative pricing events jumped to nearly 5,000 in past year as rooftop solar reduced demand and coal generators tried to avoid shutting down.
The post Australia’s main grid saw nearly 5,000 negative price intervals in past year appeared first on RenewEconomy.