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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-02-23 22:50
Carbon prices were marginally lower on Thursday morning, extending their midweek losses after having topped €100 for the first time on Tuesday, as all energy markets were described as quiet and traders continued to await updated Commitment of Traders data from the main exchange.
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EU carbon border tax could cut $16 bln from Africa’s GDP -experts

Carbon Pulse - Thu, 2023-02-23 21:20
The EU's carbon border adjustment mechanism (CBAM) could wipe some $16 billion off Africa's total GDP, experts told a webinar, with the continent seen as among the most exposed to the divisive policy.
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The American climate migration has already begun | Jake Bittle

The Guardian - Thu, 2023-02-23 21:11

Last year, 3 million were displaced in the US. Millions more will follow – and neither they, the government or the housing market are ready

Over the past decade, the US has experienced a succession of monumental climate disasters. Hurricanes have obliterated parts of the Gulf Coast, dumping more than 50in of rain in some places. Wildfires have denuded the California wilderness and destroyed thousands of homes. A once-in-a-millennium drought has dried up rivers and forced farmers to stop planting crops. Many of these disasters have no precedent in living memory, and they have dominated the headlines as Americans process the power of a changing climate.

But the disasters themselves are only half the story. The real story of climate change begins only once the skies clear and the fire burns out, and it has received far less attention in the mainstream media.

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This ‘climate-friendly’ fuel comes with an astronomical cancer risk

The Guardian - Thu, 2023-02-23 21:00

Almost half of products cleared so far under a new US federal ‘biofuels’ program are not, in fact, biofuels

The Environmental Protection Agency recently gave a Chevron refinery the green light to create fuel from discarded plastics as part of a climate-friendly initiative to boost alternatives to petroleum. But, according to agency records obtained by ProPublica and the Guardian, the production of one of the fuels could emit air pollution that is so toxic, one out of four people exposed to it over a lifetime could get cancer.

“That kind of risk is obscene,” said Linda Birnbaum, former head of the National Institute of Environmental Health Sciences. “You can’t let that get out.”

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CCUS in Asia-Pacific needs boost from cross-border deals, supply chain partnerships -consultants

Carbon Pulse - Thu, 2023-02-23 20:44
The Asia-Pacific can realise its significant long-term potential as a CCUS leader with a series of actions by governments and companies, such as kickstarting cross-border CO2 transport and storage deals and developing supply chain partnerships, according to a global consulting firm.
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Shanghai to hammer out carbon-related standards by 2025

Carbon Pulse - Thu, 2023-02-23 20:00
Regulators in Shanghai have jointly released an implementation plan to develop a standard and measurement system for the city regarding its climate goals, which will include a focus on industrial projects and forestry pilots.
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India ETS needs stakeholder engagement, alignment with overseas schemes, think-tank urges

Carbon Pulse - Thu, 2023-02-23 16:39
India should align the early phase of its transition towards establishing a carbon market with the development of an emissions trading scheme (ETS) that is similar to what exists elsewhere in Asia and the rest of the world, an Indian energy policy think-tank report has recommended.
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Dark Skies: Welsh island is first sanctuary in Europe

BBC - Thu, 2023-02-23 16:16
Ynys Enlli, also known as Bardsey Island, officially has one of the best night skies in the world.
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Revealed: scale of ‘forever chemical’ pollution across UK and Europe

The Guardian - Thu, 2023-02-23 15:00

Major mapping project reveals PFAS have been found at high levels at thousands of sites

Pollutants known as “forever chemicals”, which don’t break down in the environment, build up in the body and may be toxic, have been found at high levels at thousands of sites across the UK and Europe, a major mapping project has revealed.

The map shows that per- and polyfluoroalkyl substances (PFAS), a family of about 10,000 chemicals valued for their non-stick and detergent properties, have made their way into water, soils and sediments from a wide range of consumer products, firefighting foams, waste and industrial processes.

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Steel giants are stoking double standards on decarbonisation

RenewEconomy - Thu, 2023-02-23 14:47

Steel majors will need to explain how they will meet their net zero emissions targets while continuing to build blast furnaces in high-growth economies like India.

The post Steel giants are stoking double standards on decarbonisation appeared first on RenewEconomy.

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VNI West: New transmission route found to get around cost and community concerns

RenewEconomy - Thu, 2023-02-23 13:11

AEMO proposes new preferred route for VNI West transmission upgrade that costs less, fixes more grid problems, and might even have social licence.

The post VNI West: New transmission route found to get around cost and community concerns appeared first on RenewEconomy.

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New high-emitting projects could derail Australia’s Safeguard Mechanism in its first few years –report  

Carbon Pulse - Thu, 2023-02-23 12:28
A report has found that emissions from new facilities in the early years of the Safeguard Mechanism could scuttle the government’s climate goals, however it said the scheme would become more resilient towards the end of the decade.
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Gas industry still talking garbage about big batteries, knowing they will kill its dirty cartel

RenewEconomy - Thu, 2023-02-23 12:20

big battery tesla Neoen VictoriaThe gas industry is sprouting utter nonsense about big batteries - a technology it knows will kill its dirty cartel in no time at all.

The post Gas industry still talking garbage about big batteries, knowing they will kill its dirty cartel appeared first on RenewEconomy.

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CP Daily: Wednesday February 22, 2023

Carbon Pulse - Thu, 2023-02-23 12:18
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Waratah Super Battery: Australia’s biggest committed battery gets final approval

RenewEconomy - Thu, 2023-02-23 12:11

NSW gives final approval for Waratah Super Battery, before launching into campaign mode as the election battle heats up.

The post Waratah Super Battery: Australia’s biggest committed battery gets final approval appeared first on RenewEconomy.

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Households find low waste living challenging. Here's what needs to change

The Conversation - Thu, 2023-02-23 11:43
Experimenting with low waste living shows it’s not easy being green. But householders can help policymakers design better waste management systems. Rob Raven, Professor and Deputy Director (Research), Monash Sustainable Development Institute, Monash University David O. Reynolds, Postdoctoral Fellow, Waste and Households, National University of Singapore Jo Lindsay, Professor of sociology, Monash University Ruth Lane, Associate Professor in Human Geography, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Australia to make area the size of Germany a marine park in Southern Ocean

The Guardian - Thu, 2023-02-23 10:49

Plan to triple size of Macquarie Island protection zone to shield ‘remote wildlife wonderland’

The Australian government plans to make an area about the size of Germany in the Southern Ocean a marine zone, strengthening protections around Macquarie Island for millions of penguins and seals.

The environment minister, Tanya Plibersek, announced that the government wants to triple the size of the Macquarie Island marine park, describing it as a globally significant contribution to marine conservation that would put 388,000 sq km under high protection.

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Newcastle Airport signs up to go 100% renewable, seven years early

RenewEconomy - Thu, 2023-02-23 10:34

Newcastle Airport is looking to land its 100% renewable energy target seven years ahead of schedule, with a solar carport and new energy purchase agreement.

The post Newcastle Airport signs up to go 100% renewable, seven years early appeared first on RenewEconomy.

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Labor won’t block new fossil fuel developments. Here are some options for a climate deal | Adam Morton

The Guardian - Thu, 2023-02-23 10:21

With the Coalition opting out of an adult discussion on climate policy, tough decisions lie ahead for Labor, the Greens and independents on what they are willing to accept

The long-running fractures that define Australian climate politics can do weird things to people who have been involved in it too long.

One observer with more experience than most had a moment of reverie this week, joking about a fantasy universe in which Labor, the Coalition and the Greens all made substantial compromises to transform the landscape, literally and figuratively.

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Health impact of tyre particles causing ‘increasing concern’, say scientists

The Guardian - Thu, 2023-02-23 10:01

Far more tiny particles now come from tyres than are emitted from exhausts but new tyre designs may help

Scientists are “increasingly concerned” by the health impact of air pollution produced by the wear of vehicle tyres. The particles are especially damaging due to the toxic chemicals they are made from, say the scientists from Imperial College London.

The warning follows UK government data that shows significantly more tiny pollution particles now come from tyre erosion than are emitted from vehicle exhausts.

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