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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-05-19 21:48
European carbon prices were poised to record a second successive weekly gain on Friday after four weeks of declines in April, as the market appeared to gain confidence amid a wider risk-on mood even amid the prospect of the regular daily auction programme resuming next week.
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Analysts pan Japan’s climate policy as protests erupt ahead of G7 meeting

Carbon Pulse - Fri, 2023-05-19 20:38
Japan is unlikely to meet its Paris Agreement emissions pledge based on its current policies, analysts have said, as activists worldwide on Friday protested the country's fossil fuel dependence while G7 leaders gather for their annual summit in Hiroshima.
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China releases blue carbon guidelines

Carbon Pulse - Fri, 2023-05-19 17:55
China this week released technical regulations and requirements for three types of blue carbon methodologies, as the world’s biggest-emitting nation gears up efforts to deploy nature-based solutions to help meet its climate commitments.
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If swing voters were terrified of the climate crisis, ministers would take it seriously | Gaby Hinsliff

The Guardian - Fri, 2023-05-19 17:00

The effort to stay below 1.5C needs to be a battle people feel we can win. They must sound the alarm, and make sure politicians listen

The end of the world is nigh, again. And as usual, it’s being greeted largely with a shrug. Perhaps you felt a prick of unease as you scrolled the headlines, or half listened over breakfast to some radio debate about the fact that sometime in the next four years the planet is likely to breach the 1.5C rise in global temperature that we have long been told is the tipping point to avoid. (Although this time the breach should be only temporary, the World Meteorological Organisation report stresses that it still takes us into uncharted waters, and if nothing changes the world is likely to cross this dangerous threshold more and more often in future.)

Perhaps you even felt rage or frustration that it’s taking everyone else so long to wake up. But the chances are that most people will have forgotten it by lunchtime. YouGov’s regular tracker poll finds Britons are still more worried about immigration, which almost a third consider the single most important issue currently facing the country, than about climate and the environment.

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The week in wildlife – in pictures

The Guardian - Fri, 2023-05-19 17:00

The best of this week’s wildlife photographs, including a rare monk seal, nesting gannets and lurking alligator

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Watch Guardian Australia's 10th birthday celebrations – video

The Guardian - Fri, 2023-05-19 16:43

Hosted by our associate news editor for audio and visual, Gabrielle Jackson, this special event at the Seymour Centre in Sydney traces Guardian Australia's history and examines some of the values and goals that will shape the next decade.

The founding editor of Guardian Australia and now editor-in-chief of the Guardian, Katharine Viner, and Guardian Australia's editor, Lenore Taylor, discuss our humble beginnings and growth with our opinion editor, Bridie Jabour, before Guardian Australia's political editor, Katharine Murphy, climate and environment editor, Adam Morton, Full Story host Laura Murphy-Oates, and social affairs and inequality editor, Luke Henriques-Gomes, talk to the features editor, Lucy Clark, about the impact of Guardian journalism. First Dog on the Moon, photographer Mike Bowers and cartoonist Fiona Katauskas also present their own take on the past 10 years

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CN Markets: CEA trading volume improves on the back of three block deals, CCER liquidity falls

Carbon Pulse - Fri, 2023-05-19 16:36
Liquidity largely improved in China’s emissions market over the past week with an uptick in prices, thanks to the contribution of three block deals, though cooling demand continues to weigh on the market amid regulatory uncertainties.
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After coal-keeper and solar-stopper, energy ministers disband Energy Security Board

RenewEconomy - Fri, 2023-05-19 16:01

Energy ministers agree to disband ESB and replace it with an "advisory panel" as they seek to fast track the connection process for wind, solar and storage.

The post After coal-keeper and solar-stopper, energy ministers disband Energy Security Board appeared first on RenewEconomy.

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Bangladesh shelters as Cyclone Mocha hits land – in pictures

The Guardian - Fri, 2023-05-19 16:00

The category-5 storm brought 160mph winds and torrential rain to parts of Bangladesh and Myanmar on Sunday, leaving at least five dead and causing half a million people to be evacuated

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Landscape monitoring tech company raises $9 mln in Series A funding round

Carbon Pulse - Fri, 2023-05-19 15:37
A natural capital tech company has successfully raised $9 million from a Series A funding round, as it looks to expand its global operations and customer base.
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Queensland details plan to turn regions into green industrial hubs

RenewEconomy - Fri, 2023-05-19 14:52

Queensland unveils plan to grow the renewable energy and green industrial manufacturing and supply chain capabilities of Queensland's regions.

The post Queensland details plan to turn regions into green industrial hubs appeared first on RenewEconomy.

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Energy Insiders Podcast: Are we too focused on big energy?

RenewEconomy - Fri, 2023-05-19 14:44

Transmission links are front and centre of the energy debate, but Enphase co-founder Raghu Belur says more focus should be on what is consumed and produced at home.

The post Energy Insiders Podcast: Are we too focused on big energy? appeared first on RenewEconomy.

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Bijnor: Leopard attacks spark fear in Uttar Pradesh district

BBC - Fri, 2023-05-19 13:26
For years, residents of Bijnor have peacefully coexisted with leopards. Now they say they are afraid.
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Big batteries “cannibalising” gas plants, says AGL, as Torrens BESS charges up

RenewEconomy - Fri, 2023-05-19 13:18

Torrens island big battery aglAGL says big batteries are eating its own gas generator profits, but they are also being saddled with unnecessary and expensive kit by AEMO and transmission companies.

The post Big batteries “cannibalising” gas plants, says AGL, as Torrens BESS charges up appeared first on RenewEconomy.

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New Zealand launches consultation on ETS settings, NZU price rises

Carbon Pulse - Fri, 2023-05-19 13:03
New Zealand opened a consultation Friday on the price settings and controls of its emissions trading scheme for the period of 2024-28, however some observers are expressing frustration at the government’s slow pace of reform.
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CP Daily: Thursday May 18, 2023

Carbon Pulse - Fri, 2023-05-19 13:00
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

From big gas kettle to big battery: The energy “time tunnel” at Torrens Island

RenewEconomy - Fri, 2023-05-19 11:41

Torrens battery and gas flue stacksAt the heart of the renewables dominated grid of South Australia, AGL Energy's Torrens Island Power Station is a museum of power generation past, present and future.

The post From big gas kettle to big battery: The energy “time tunnel” at Torrens Island appeared first on RenewEconomy.

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UK govt slashes 2021-25 free ETS allowance allocations by another 8 mln due to diminished industrial output

Carbon Pulse - Fri, 2023-05-19 11:24
The UK government has slashed free ETS allowance allocations between 2021-25 by a further 8 million tonnes due to reduced production at industrial plants, according to data published late Thursday.
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“Trojan horse:” Industry angry at Queensland’s electricians-only solar proposal

RenewEconomy - Fri, 2023-05-19 10:42

Industry says proposed new rules in Queensland are not practical and will push up the cost of solar installations.

The post “Trojan horse:” Industry angry at Queensland’s electricians-only solar proposal appeared first on RenewEconomy.

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More than half of the world’s lakes have shrunk in past 30 years, study finds

The Guardian - Fri, 2023-05-19 10:33

Lakes and reservoirs have lost 22 gigatonnes a year since 1992, driven by factors including global heating and human consumption

More than half of the world’s large lakes and reservoirs have shrunk since the early 1990s – chiefly because of the climate crisis and human consumption – intensifying concerns about water supply for agriculture, hydropower and human consumption, a study has found.

A team of international researchers reported that some of the world’s most important freshwater sources – from the Caspian Sea between Europe and Asia, to South America’s Lake Titicaca – lost water at a cumulative rate of about 22 gigatonnes a year for nearly three decades, equivalent to the total water use in the US for the entire year of 2015.

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