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Australia proposes new crediting mechanism for Hydrogen Headstart programme 

Carbon Pulse - Fri, 2023-07-07 15:27
The Australian government is consulting on it’s A$2 billion ($1.3 bln) Hydrogen Headstart programme, proposing a number of eligibility requirements for project proponents to receive funding, which includes a crediting mechanism.
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Why are so many climate records breaking all at once?

RenewEconomy - Fri, 2023-07-07 15:14

In the past few weeks, climate records have shattered across the globe. So what’s going on with the climate, and why are we seeing all these records tumbling at once?

The post Why are so many climate records breaking all at once? appeared first on RenewEconomy.

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Bowen: “Australia will be renewable energy superpower, not a nuclear backwater”

RenewEconomy - Fri, 2023-07-07 15:12

Chris Bowen says Peter Dutton is worse for climate than his predecessor, the man who brought a lump of coal into parliament.

The post Bowen: “Australia will be renewable energy superpower, not a nuclear backwater” appeared first on RenewEconomy.

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NZU stockpile shrinks by nearly 10 mln following May surrender deadline

Carbon Pulse - Fri, 2023-07-07 14:19
The stockpile of privately held NZUs has shrunk by nearly 10 million due to a combination of the May surrender deadline and new issuance averaging rules, according to analysis.
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NSW Planning defends record on wind, solar, battery and transmission approvals

RenewEconomy - Fri, 2023-07-07 14:18

NSW planning department defends record on wind and solar planning approvals, but industry points to fact that only one wind farm has been approved in each of last few years.

The post NSW Planning defends record on wind, solar, battery and transmission approvals appeared first on RenewEconomy.

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Nuclear: Coalition remains trapped by climate and technology denial

RenewEconomy - Fri, 2023-07-07 14:11

It would be insanity to do what the Coalition wants Australia to do - keep coal burning, slow down renewables and EVs, and wait for nuclear.

The post Nuclear: Coalition remains trapped by climate and technology denial appeared first on RenewEconomy.

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Bowen sets 1,000MW electrolyser target as hydrogen strategy gets revamp

RenewEconomy - Fri, 2023-07-07 13:49

Meridian green hydrogenThe new focus on green hydrogen is on how to build a domestic industry, with the previous focus on exports relegated to a few paragraphs.

The post Bowen sets 1,000MW electrolyser target as hydrogen strategy gets revamp appeared first on RenewEconomy.

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UN says climate change ‘out of control’ after likely hottest week on record

The Guardian - Fri, 2023-07-07 13:42

After record breaking days on Monday and Tuesday, unofficial analysis shows the world may have seen its hottest seven days in a row

The UN secretary general has said that “climate change is out of control”, as an unofficial analysis of data showed that average world temperatures in the seven days to Wednesday were the hottest week on record.

“If we persist in delaying key measures that are needed, I think we are moving into a catastrophic situation, as the last two records in temperature demonstrates,” António Guterres said, referring to the world temperature records broken on Monday and Tuesday.

Continue reading...
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Are wildfires in the US getting worse?

BBC - Fri, 2023-07-07 11:15
Record temperatures and smoke-filled skies have shown that the threat of wildfires can impact millions of people.
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The ancient practice of livestock guardian dogs is highly successful on Australian farms today

The Conversation - Fri, 2023-07-07 10:41
Farmers have been using dogs to protect their livestock from predators for thousands of years – and it’s still one of the best methods around. Christopher Johnson, Professor of Wildlife Conservation, University of Tasmania Linda van Bommel, Ecologist, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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CP Daily: Thursday July 6, 2023

Carbon Pulse - Fri, 2023-07-07 10:16
A daily summary of our news plus bite-sized updates from around the world.
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WCI Markets: CCAs climb slightly on bullish outlook, WCAs steady as consignment enters future auction

Carbon Pulse - Fri, 2023-07-07 08:19
California Carbon Allowance (CCA) prices climbed this week on very thin volume in a holiday-shortened period, while Washington Carbon Allowance (WCA) values remained relatively flat as consignment permits were announced for the Q3 auction.
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Analysts raise 2023 WCI offset demand forecasts, expect supply catch-up in 2024

Carbon Pulse - Fri, 2023-07-07 08:18
WCI compliance offset demand will accelerate in 2023 amid higher emissions and alongside a significant increase in voluntary market interest, as credit supply will pick up pace next year ahead of the linked cap-and-trade programme's full compliance deadline and as usage quotas are expanded in the California's subsequent true-up period, an advisory firm said in a report published Thursday.
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Advocates say New York cap-and-invest programme should scrap ceiling price, consign all free allowances

Carbon Pulse - Fri, 2023-07-07 06:57
New York regulators should abandon a price ceiling in crafting their economy-wide cap-and-invest rule, while also implementing a consignment requirement for all freely distributed permits, programme advocates said Thursday.
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LCFS Markets: California prices reach 3-mth bottom as quarterly credits hit accounts, Oregon and Canada values rise

Carbon Pulse - Fri, 2023-07-07 06:53
California Low Carbon Fuel Standard (LCFS) values continued to sink this week as participants were reported to have received their latest batch of quarterly credits, while clean fuel standard prices in Oregon and the new Canadian programme have climbed recently.
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EU to announce Innovation Fund and MSR-linked auction frontloading at the same time -official

Carbon Pulse - Fri, 2023-07-07 06:38
The European Commission will publish the bloc’s revised EU ETS auctioning regulation at the same time as outlining when additional REPowerEU volumes from the MSR will come to market, a senior official told a conference on Thursday.
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Experts call for diverse EU carbon removals funding ahead of ETS inclusion

Carbon Pulse - Fri, 2023-07-07 04:54
The EU will require several forms of finance to achieve its 2030 carbon removals target but there is potential for the ETS price alone to be sufficient to scale the sector after 2030, a conference heard on Thursday.
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Negotiators craft IMO deal for scaled-up shipping emissions targets

Carbon Pulse - Fri, 2023-07-07 04:25
Negotiators at the UN’s International Maritime Organisation are honing in on a revised emissions strategy for shipping, with officials finalising draft text on Thursday that is more ambitious than the IMO's 2018 version but still adrift from aligning the sector with Paris Agreement climate objectives.
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Bezos fund grants $12 mln to forest carbon monitoring initiative

Carbon Pulse - Fri, 2023-07-07 04:22
The Smithsonian Tropical Research Institute (STRI) has received a $12 million grant from the Bezos Earth Fund to support an international system to independently ensure the accuracy of satellite monitoring of forest biomass.
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Zambia govt to take share of carbon credit revenues -media

Carbon Pulse - Fri, 2023-07-07 04:04
Zambia is following in the footsteps of other African nations and will regulate its carbon market and take a share of revenues.
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