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Enel ETS-covered power output jumps 31% in 2022 on coal and gas surge

Carbon Pulse - Fri, 2023-03-17 04:01
A significant rise in both coal and gas output last year increased fossil power generation across Enel's Italian and Iberian assets by almost one-third year-on-year, according to its annual results published late on Thursday.
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Hybrid voluntary carbon contract shifts weighting to reflect less forestry

Carbon Pulse - Fri, 2023-03-17 03:52
A hybrid standardised contract aiming to provide a single global price for the voluntary carbon market is about to undergo its first annual reweighting, which will see fewer forestry credit prices and more renewable and energy efficiency credit prices included.
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Give veteran trees same protection as heritage buildings, say campaigners

The Guardian - Fri, 2023-03-17 00:26

Destruction of more than 100 trees in Plymouth highlights weakness of protections, says Woodland Trust

Veteran trees should have the same protections as heritage buildings to stop destruction on the scale carried out in Plymouth this week, campaigners have said.

The Woodland Trust is calling for an English Heritage-style body to enforce greater protection for trees – including those which have value to the attractiveness of a town or city.

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The New Zealanders have finally done it – they’ve turned me into a bird-lover | Rebecca Shaw

The Guardian - Fri, 2023-03-17 00:00

It seems like every single Kiwi has some kind of bird madness, and I know now that I am infected (and loving it)

This week, during a visit to the Wellington zoo, I had a realisation about myself. No, it’s not that I wish to strip off all my clothes and live out my days swinging nude from the trees like a spider monkey, although that does sound great. It’s that after spending time on and off in Aotearoa the last couple of years (due to lesbian love), I have now fully become entrenched in the New Zealand mindset.

Walking around the zoo lesbianly, we checked out the extremely cute otters, met the adorable lemurs, raised our eyebrows at the capuchins (not because we were surprised to see them at a zoo, it’s a sign of friendliness) and encountered all sorts of beautiful creatures. But as it turns out, the animal I was personally most excited to see, the one that made me gasp out loud upon entering its habitat? The one I made sure to return to before leaving?

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Ministers ‘ignored’ own adviser over weak targets for restoring English nature

The Guardian - Thu, 2023-03-16 23:00

Government accused of hypocrisy for pushing global target but not following Natural England’s advice at home

The UK government ignored scientific warnings from Natural England that its nature restoration target was inadequate and would not meet its commitments, new documents show, undermining efforts to protect threatened species.

In December the environment secretary, Thérèse Coffey, unveiled targets at the biodiversity Cop15 in Canada to reverse the decline of nature in England. They included plans to improve the quality of marine protected areas, reduce pollution and nitrogen runoff in the river system, and restore more than half a million hectares of wildlife-rich habitat outside protected areas by 2042.

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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-03-16 22:48
EUA prices plunged by more than €4 on Thursday morning after a relief rally on news that bank Credit Suisse would receive a bailout gave way to renewed selling, while the daily auction cleared at the biggest-ever discount to prevailing market prices.
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Brussels proposes EU strategy on sourcing critical raw materials

Carbon Pulse - Thu, 2023-03-16 22:08
The European Commission presented its Critical Raw Materials Act (CRMA) proposal on Thursday, seeking to reduce the bloc’s dependency on third-countries in sourcing raw materials indispensable for the development and building of clean technology.
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Green Climate Fund commits over $580 mln to new projects

Carbon Pulse - Thu, 2023-03-16 21:53
The Green Climate Fund (GCF) this week approved $587.4 million in new funding for seven mitigation and adaptation projects at this year’s first board meeting, including a payment to a cross-country programme aiming to cut carbon emissions by over 55 million tonnes of CO2e.
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UPDATE- EU’s net zero industry bill release complicated by concerns about nuclear -sources

Carbon Pulse - Thu, 2023-03-16 21:09
The European Commission's publication of its proposal for a Net Zero Industrial Act (NZIA) is facing last-minute uncertainty, with sources citing internal disagreements about how nuclear technologies should be dealt with.
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Biodiversity Pulse Weekly: Thursday March 16, 2023

Carbon Pulse - Thu, 2023-03-16 21:03
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).
Categories: Around The Web

US banks are sacrificing poor communities to the climate crisis | Ben Jealous and Bill McKibben

The Guardian - Thu, 2023-03-16 20:15

It took decades to force banks to abandon racist redlining. We don’t have decades to avert catastrophic climate crisis

The collapse of Silicon Valley Bank will bring many forms of fallout. One of the most obvious consequences is that the biggest banks – Chase, Citi, Wells Fargo, Bank of America – will probably get even bigger. That is why we’re joining protests across the United States outside hundreds of those banks’ branches on Tuesday, 21 March: if they’re going to hold that much power over the planet’s economy, we need them to recognize and help with our great crises. We need them not to do what they did last century, which is to ignore or exacerbate our deepest troubles.

Beginning in the 1930s, the federal government mapped America, grading neighborhoods to decide which ones were worthy of investment, literally drawing red lines on maps to make it crystal clear. Many mainly Black and Brown neighborhoods ended up with low grades, and most US banks made sure money didn’t flow in their direction. Nearly a century later, these neighborhoods still suffer. Lacking trees and parks, they are degrees warmer than nearby leafy communities. Their residents are condemned to a myriad of health issues, from asthma to kidney stones.

Ben Jealous is the executive director of the Sierra Club, the former executive director of the NAACP, and the author of Our People Have Always Been Free

Bill McKibben is the founder of Third Act, which organizes Americans over the age of 60 for action on climate and democracy

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Malaysia to target up to 10 Mt/year CO2 storage capacity for regional emitters by 2030

Carbon Pulse - Thu, 2023-03-16 19:52
Malaysia plans to establish itself as a regional hub for CCS in Asia, largely through its national oil company Petronas, with plans to develop infrastructure to store up to 10 million tonnes of CO2 annually by 2030, according to a presentation at a conference on Thursday.
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REDD+ developer expresses frustration, concern with Verra engagement on method overhaul

Carbon Pulse - Thu, 2023-03-16 19:31
An established REDD+ project developer has highlighted the major challenges standard body Verra is facing in revamping its avoided deforestation methodology, noting that greater engagement with developers could have helped.
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Forestry investor begins measuring biodiversity baselines in preparation for incoming nature markets

Carbon Pulse - Thu, 2023-03-16 17:02
A global forestry investment company has begun measuring biodiversity baselines across their assets in anticipation of emerging nature markets, a company representative said Thursday.
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UK ministers under pressure to tighten laws on ‘forever chemicals’ in drinking water

The Guardian - Thu, 2023-03-16 16:00

Vast numbers of people drinking water with levels that would be banned in the US, research shows

Pressure is building on UK ministers to tighten regulations on PFAS “forever chemicals” as research shows vast numbers of people are drinking water with levels that would be banned in the US.

On Tuesday, US president Joe Biden announced plans to drive down acceptable limits in drinking water to four nanograms per litre (4ng/l) for two types of per- and polyfluoroalkyl substances (PFOS and PFOA), and announced proposals to regulate four more – PFNA, PFHxS, PFBS and GenX Chemicals – as a mixture.

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‘Phenomenal loophole’ in quotas could lead to massive overfishing

The Guardian - Thu, 2023-03-16 16:00

Exclusive: Drastically weakened rules on how vessels document their catches of endangered species could endanger the marine ecosystem, confidential EU papers reveal

A push by EU fishing nations including France and Spain to weaken how fish catches are reported could see massive overfishing of endangered species and even “call into question” the whole point of setting quotas, according to confidential EU documents seen by the Guardian.

Europe’s most commonly fished species – which include mackerel, tuna, Atlantic herring and sprat – could be threatened under the latest proposal, which would apply to all vessels in EU waters.

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Virgin Orbit to pause all operations from Thursday

BBC - Thu, 2023-03-16 15:35
The decision comes after the failure of the first ever satellite mission launched from the UK.
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Why are electricity prices going up again, and will it ever end?

The Conversation - Thu, 2023-03-16 15:20
Households and businesses are set for more hip-pocket pain after regulators flagged hefty electricity price rises in four Australian states. Ariel Liebman, Ariel Liebman Director, Monash Energy Institute and Professor of Sustainable Energy Systems, Faculty of Information Technology, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Carbon neutral commodity claims need emissions accounting for entire supply chain, conference told

Carbon Pulse - Thu, 2023-03-16 15:04
Oil and gas companies may have eased off on making carbon neutral claims for commodity shipments, but work to improve methodologies for calculating lifecycle emissions of cargoes is an ongoing task that will be key to the greater use of carbon neutral commodities as part of company decarbonisation strategies going forward, an industry conference was told on Thursday.
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China releases final ETS allocation plan with minor adjustments, leaves key questions unanswered

Carbon Pulse - Thu, 2023-03-16 12:51
China’s environment ministry has released the final ETS allocation plan for the years 2021 and 2022, marginally easing the settings for coal-fired power plants compared to the previous draft while leaving the key issues of offset use and permit carryover unresolved.
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