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EU seeks views as it prepares creation of an industrial carbon management market

Carbon Pulse - Fri, 2023-06-09 20:32
The European Commission has launched a long-awaited consultation on the EU's upcoming industrial carbon management strategy which is seen by stakeholders in the removals and carbon capture and storage space as key for shaping the future of such technologies in the bloc.
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CN Markets: CEA price reaches new year-to-date high, though liquidity remains drained

Carbon Pulse - Fri, 2023-06-09 20:23
Allowance prices in China’s carbon market edged up over the past week with improved but still small trading volume, though the overall sentiment remains cautious amid concerns over the impact of the upcoming carbon border tax, experts said.
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High levels of drugs found in water pollution study of England’s south coast

The Guardian - Fri, 2023-06-09 20:22

Scientists say marine life is being harmed by human chemicals from recreational drugs, antidepressants and oestrogen

A study looking at water pollution on the south coast of England has revealed high levels of potentially harmful chemicals including recreational drugs and antidepressants.

Scientists involved in the research say marine life is being harmed by human chemicals, pointing to evidence that oestrogen in water can feminise male fish through biological changes.

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Footage from space shows Canada wildfires smoke reaching Pennsylvania – video

The Guardian - Fri, 2023-06-09 19:41

Satellite images captured from the International Space Station on Wednesday showed smoke from Canada's raging wildfires spreading to the US. The massive cloud of smoke was seen moving across Lake Superior, in the Great Lakes region, passing over Lake Huron and Lake Erie, and ending in Pennsylvania, which appears completely obscured. The smoke pushed further down the Atlantic seaboard on Thursday, blanketing Washington DC in an unhealthy haze

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ACCU issuance nearly halves in Q1, but market well-supplied to 2030, Australian regulator says   

Carbon Pulse - Fri, 2023-06-09 19:08
The number of Australian Carbon Credit Units (ACCUs) issued in the first quarter of 2023 fell by nearly half compared to the same period last year, according to the Clean Energy Regulator, though it estimated that the market is well supplied to 2030.
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£19.3bn of fossil fuels imported by UK from authoritarian states in year since Ukraine war

The Guardian - Fri, 2023-06-09 19:00

As Russian oil and gas imports fell petrostates including UAE, Qatar and Saudi Arabia increased exports to UK

UK fossil fuel imports from authoritarian petrostates surged to £19.3bn in the year following Russia’s invasion of Ukraine, it can be revealed.

Efforts to end the purchasing of oil and gas from Russia appear to have resulted in a surge in imports from other authoritarian regimes, including Algeria, Bahrain, Kuwait, Libya, Qatar, Saudi Arabia and the United Arab Emirates (UAE), according to data from the Office for National Statistics analysed by DeSmog.

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Japan’s main bourse to launch carbon market, trading to begin around October

Carbon Pulse - Fri, 2023-06-09 18:55
Japan's main bourse will set up a carbon market that initiates trading of domestically issued J-Credits around October this year, it announced Friday.
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Wildfires: UK to set up new Mediterranean-style specialist units

BBC - Fri, 2023-06-09 18:13
Fire chiefs are set to increase the number of specialist teams trained in 'fighting fire with fire'.
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Singapore-based start-up partners with Chevron for pilot lower carbon fuel oil deal

Carbon Pulse - Fri, 2023-06-09 18:01
A Singapore-based green finance platform has teamed up with oil major Chevron to back a fuel oil transaction with carbon credits under a government-backed pilot programme that seeks to improve transparency and trust in sustainable finance.
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Australian governments impose recycling rules after packaging industry fails on waste

The Guardian - Fri, 2023-06-09 17:57

New rules agreed at meeting of environment ministers welcomed as breakthrough by conservationists

Industry will be forced to do more to cut waste and boost recycling after Australia’s federal and state governments agreed for the first time to impose mandatory packaging rules on manufacturers and retailers.

The agreement, at a meeting of environment ministers in Sydney on Friday, was welcomed by conservationists as a major breakthrough after years of voluntary industry action has failed to reduce waste.

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The week in wildlife – in pictures

The Guardian - Fri, 2023-06-09 17:00

The best of this week’s wildlife photographs, including a hungry gull, a rare wolverine and a police escort for ducks

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Weather tracker: Canada wildfires rage in what could be worst season to date

The Guardian - Fri, 2023-06-09 16:30

Plumes of smoke move southwards across US east coast. Elsewhere, Japan hit by remnants of Typhoon Mawar

Wildfires in Quebec, Canada, continue to rage, following a spring that was drier and warmer than normal, creating perfect conditions for wildfires to develop. As of 7 June, at least 150 fires remained active across the province, with more than 400 across the country according to the Canadian Interagency Forest Fire Centre. Officials warned this could be the country’s worst wildfire season to date, with at least 9.4m acres of land destroyed so far.

Plumes of smoke from the fires have been moving southwards across the US east coast, delaying thousands of flights. The US National Weather Service also issued air quality alerts for many states, with air quality index levels above 400 – a level of 300 is considered “hazardous” – in some states. A fairly static weather pattern this weekend will mean further plumes of smoke moving towards eastern parts of the US.

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Australia publishes ACCU market reform plan, grant guidelines to A$20 mln outreach programme

Carbon Pulse - Fri, 2023-06-09 15:34
The Australian government on Friday published its long-awaited implementation plan to reform the country’s carbon market, while it will launch its A$20 million ($13.3 mln) Carbon Farming Outreach programme next week.
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Cash for gas: Networks offer rebates, cash bonuses to keep home fossils burning

RenewEconomy - Fri, 2023-06-09 15:12

As governments try to encourage households to quit the gas network, gas companies are offering even bigger incentives to burn more fossil fuels.

The post Cash for gas: Networks offer rebates, cash bonuses to keep home fossils burning appeared first on RenewEconomy.

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BlueFloat moves ahead, and further north, on NSW floating offshore wind project

RenewEconomy - Fri, 2023-06-09 15:09

offshore wind bluefloatBlueFloat announces "re-launch" of 1.6GW South Pacific Offshore Wind Project in a location off the NSW coast between Shellharbour and Clifton.

The post BlueFloat moves ahead, and further north, on NSW floating offshore wind project appeared first on RenewEconomy.

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Energy Insiders Podcast: Australia’s grid needs a 1.5°C target

RenewEconomy - Fri, 2023-06-09 14:10

sigmund-r9PeXDCJyEw-unsplashStephanie Bashir from Nexa Advisory on why setting a firm target of 1.5°C for the electricity grid would help solve regulatory and other blockages to new renewables. Plus: News of the week.

The post Energy Insiders Podcast: Australia’s grid needs a 1.5°C target appeared first on RenewEconomy.

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ADB-approved Indonesian project brings size to JCM

Carbon Pulse - Fri, 2023-06-09 13:45
The Asian Development Bank (ADB) has given the green light to a geothermal power generation project utilising the Japan Fund for the Joint Crediting Mechanism (JCM), which will be one of the largest projects registered under the bilateral mechanism so far.
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El Niño is coming. We must plan for the worst to protect Australia’s energy system | Dylan McConnell and Iain MacGill

The Guardian - Fri, 2023-06-09 13:05

The Bureau of Meteorology predicts increased temperatures and heatwaves this year, raising the prospect of blackouts – just as the electricity sector faces several other challenges

The Bureau of Meteorology this week declared a 70% chance of an El Niño developing this year. It’s bad timing for the electricity sector, and means Australians may face supply disruptions and more volatile energy prices.

El Niño events are associated with increased temperatures and heatwaves. These conditions drive demand for electricity, especially in summer.

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Beetaloo gas pollutes Darwin “sustainable” precinct, despite green hydrogen and battery mandates

RenewEconomy - Fri, 2023-06-09 12:41

sun cable 5b solar northern territory optimisedGreen hydrogen ventures proposed by Andrew Forrest and Total Eren get land in new Darwin precinct, and may source solar power from Sun Cable. But will Beetaloo LNG gas terminal pose a problem?

The post Beetaloo gas pollutes Darwin “sustainable” precinct, despite green hydrogen and battery mandates appeared first on RenewEconomy.

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Wind farms set new output record in Australia’s main grid for first time in 2023

RenewEconomy - Fri, 2023-06-09 11:33

Vestas wind turbines and RES dulacca wind farm qldWind energy sets first output record of the year in Australia's main grid, with more to come over winter.

The post Wind farms set new output record in Australia’s main grid for first time in 2023 appeared first on RenewEconomy.

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