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CN Markets: CEA price falls to 15-month low amid drained liquidity, weak demand

Carbon Pulse - Fri, 2023-04-07 18:04
The spot price in China’s emissions trading market has plunged to its lowest level in 15 months with trading volume halving from the previous week, as cooling demand continues to weigh on the market in the absence of key regulations.
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The week in wildlife – in pictures

The Guardian - Fri, 2023-04-07 17:00

The best of this week’s wildlife photographs, including a rare leopard, very deep-swimming fish and baby ducks

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CP Daily: Thursday April 6, 2023

Carbon Pulse - Fri, 2023-04-07 12:55
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Covid origins: Chinese scientists publish long-awaited data

BBC - Fri, 2023-04-07 11:44
A peer-reviewed study connects the virus with animals sold in the market linked with early cases.
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Sustainable aviation fuel market set for explosive growth by 2030 -report

Carbon Pulse - Fri, 2023-04-07 10:21
The sustainable aviation fuel (SAF) market will see a 30-fold surge in production by 2030, analysts predict, growing to a value of nearly $30 billion.
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WCI Markets: CCAs meander on macro fluctuations, WCAs spike again

Carbon Pulse - Fri, 2023-04-07 08:09
California Carbon Allowance (CCA) prices fell following an up and down week driven by macroeconomic sentiment, while Washington Carbon Allowance (WCA) values continued to set new record highs due to limited supply.
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US Carbon Markets and LCFS Roundup for week ending April 6, 2023

Carbon Pulse - Fri, 2023-04-07 07:23
A summary of legislative, regulatory, and policy action on carbon, clean fuel standard, and clean energy markets at the US federal and subnational levels this week, including further progress to block North Carolina’s RGGI plans, a market-based climate policy bill in Connecticut, a Washington state bill to exempt farm fuels from carbon pricing, and a California proposal to restrict Low Carbon Fuel Standard (LCFS) crediting from dairy digesters.
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Nova Scotia includes reserve allowances in June cap-and-trade sale

Carbon Pulse - Fri, 2023-04-07 07:09
A third of the volume offered at Nova Scotia’s June carbon market sale will come from a reserve account as the Canadian province winds down its cap-and-trade programme, according to a notice published Thursday.
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Developers launch Europe’s first seagrass methodology as French offset scheme takes flight

Carbon Pulse - Fri, 2023-04-07 05:02
A French public-private partnership has established the first carbon accounting methodology in Europe dedicated to the protection of seagrass beds via the country’s carbon credit certification programme.
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California records second-lowest December and annual gasoline consumption figures in 2022

Carbon Pulse - Fri, 2023-04-07 04:58
California’s transportation gasoline sales for December and full year 2022 dropped to the second-lowest level in a decade along with gasoline-linked emissions, trailing behind 2020 totals during COVID-19 lockdowns, according to state data released Wednesday.
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Finally, there’s something to unite Britain – disgust at what is happening to our waterways and seas | Gaby Hinsliff

The Guardian - Fri, 2023-04-07 01:56

To force action on Britain’s sewage-blighted rivers and beaches, we need to kick up a new great stink

After the third lockdown ended, in that summer when everyone felt faintly broken, we ran away to the sea.

At first it rained torrentially. But then the sun began tentatively to come out, and my son went snorkelling in a hidden rocky cove near the Cornish cottage we had rented. When the next day he started being violently sick, my first thought was food poisoning. But the whole family had eaten the same food, and the only one to fall ill was the lone swimmer.

Gaby Hinsliff is a Guardian columnist

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Early mover REDD projects feel brunt of market downturn, says brokerage

Carbon Pulse - Fri, 2023-04-07 01:52
The overhang of REDD avoided deforestation credits weighing on the voluntary market is particularly acute from projects derived from one early-stage blueprint, a brokerage firm has pointed out, calling for radical action to delist the resulting carbon credits and cancel all back issuance.
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Greenhouse gas emissions rose at ‘alarming’ rate last year, US data shows

The Guardian - Thu, 2023-04-06 23:15

Noaa report shows rapid increase in atmospheric levels of carbon dioxide, methane and nitrous oxide

Record temperatures, devastating floods and superstorms are causing death and destruction across the planet but humans are failing to cut greenhouse gas emissions fueling the climate emergency, new US data shows.

Atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide – the greenhouse gases emitted by human activity that are the most significant contributors to global heating – continued to increase rapidly during 2022, according to the National Oceanic and Atmospheric Administration (Noaa).

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Ratings agency gives rare upgrade to score of in-focus Latam REDD project

Carbon Pulse - Thu, 2023-04-06 22:13
A carbon credit ratings agency has upgraded its score for a Latin American REDD forest protection project that has been the focus of a court case surrounding the credibility of climate neutrality claims.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-04-06 22:10
Carbon trade activity fell away on Friday, the last session before the four-day Easter break, with EUA prices ranging just below Wednesday's three-week high after early declines were unwound by yet another strong auction result.
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UK agency has backed billions’ worth of aviation deals since Paris agreement

The Guardian - Thu, 2023-04-06 21:00

Government’s UKEF criticised for ‘locking us all into more carbon emissions for decades to come’ with assistance for the sector

A UK government agency has financially supported the high-carbon aviation industry with billions of pounds since the Paris climate agreement was adopted, it can be revealed.

The effective subsidy for new airports, aircraft and maintenance comes despite the agency believing the oil-dependent sector is unlikely to begin cutting emissions “materially” before the next decade.

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Japan announces $114-mln budget for latest JCM project finance push

Carbon Pulse - Thu, 2023-04-06 20:07
Japan has issued a first FY2023 call for business proposals under the bilateral Joint Crediting Mechanism (JCM), with a total budget of around 15 billion yen ($114 mln) over the coming three years, as the government seeks to boost the generation of carbon credits.
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Biodiversity Pulse Weekly: Thursday April 6, 2023

Carbon Pulse - Thu, 2023-04-06 19:31
A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
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Harvard professor lobbied SEC on behalf of oil firm that pays her lavishly, emails show

The Guardian - Thu, 2023-04-06 19:00

Environmental law professor Jody Freeman urged to cut ties with ConocoPhillips, which pays her more than $350,000 a year

The Harvard environmental law professor at the centre of a conflict-of-interest row lobbied the regulator on behalf of the oil and gas company that pays her more than $350,000 a year, a new investigation can reveal.

Emails seen by the Guardian and the Bureau of Investigative Journalism (TBIJ) show that Jody Freeman facilitated a meeting between a director at the Securities and Exchange Commission (SEC) and ConocoPhillips, one of the world’s worst polluters that is pushing to weaken forthcoming climate regulations. The company’s Willow drilling project in Alaska was recently approved by the Biden administration, despite scientists warning it will be catastrophic for global heating.

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Australia’s ERF contracts 7.9 mln ACCUs in latest auction as price dips

Carbon Pulse - Thu, 2023-04-06 17:47
Australia signed optional contracts to buy 7.9 million Australian Carbon Credit Units (ACCUs) at last week’s Emission Reduction Fund auction, the Clean Energy Regulator announced Thursday, saying it expects private offset demand to increase.
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