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Beijing eyes start of national offset market by year-end

Carbon Pulse - Thu, 2022-03-03 19:38
The Beijing municipal government aims to kick off China’s national carbon offset trading platform before the end of the year, but doubts linger as to whether federal regulators will be able to finalise the market framework by then.
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Zali Steggall outlines plan for net zero, says current disasters just “tip of the iceberg”

RenewEconomy - Thu, 2022-03-03 14:54

Independent Member for Warringah Zali Steggall (AAP Image/Mick Tsikas).Independent MP Zali Steggall outlines a 'five-step' plan for Australia to respond to climate change and decarbonise the economy.

The post Zali Steggall outlines plan for net zero, says current disasters just “tip of the iceberg” appeared first on RenewEconomy.

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New Forests closes $120 mln fund for Southeast Asian sustainable forestry investment

Carbon Pulse - Thu, 2022-03-03 14:21
Global forestry investment manager New Forests has announced the first close of a new $120 million fund, the Tropical Asia Forest Fund 2 (TAFF2), with a host of sovereign, development finance, private, and philanthropic investors with the aim to capitalise on long-term investments in sustainable plantation forestry in Southeast Asia, the company announced on Thursday.
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Could the Ukraine conflict cause one of the world’s worst nuclear disasters?

RenewEconomy - Thu, 2022-03-03 13:47

Russian military has seized control of Chernobyl and launched attacks close to radioactive waste sites. But the greatest nuclear hazard lies in Ukraine's 15 operating reactors.

The post Could the Ukraine conflict cause one of the world’s worst nuclear disasters? appeared first on RenewEconomy.

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Nationals MP hails “reliable” renewables as QNI link upgrade nears completion

RenewEconomy - Thu, 2022-03-03 13:18

A major grid upgrade to unlock and share more reliable renewable energy between Queensland and New South Wales is nearing completion.

The post Nationals MP hails “reliable” renewables as QNI link upgrade nears completion appeared first on RenewEconomy.

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Why water inundates a home during one flood but spares it the next

The Conversation - Thu, 2022-03-03 12:33
As history shows, many natural and human factors determine how water will behave during a flood. Margaret Cook, Lecturer in History, University of the Sunshine Coast Licensed as Creative Commons – attribution, no derivatives.
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Australian carbon credit prices slump sharply as uncertainty grips global markets

RenewEconomy - Thu, 2022-03-03 12:15

 Canva).Prices of Australian Carbon Credit Units dip, following overseas markets, as profit taking and global uncertainty spook traders.

The post Australian carbon credit prices slump sharply as uncertainty grips global markets appeared first on RenewEconomy.

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Unite against climate change - Ukraine scientist

BBC - Thu, 2022-03-03 11:46
A leading climate expert says the Ukraine invasion is closing the window of opportunity to curb global warming.
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New Zealand proposes to rule out key source of forest NZUs from ETS

Carbon Pulse - Thu, 2022-03-03 11:42
New Zealand on Thursday proposed to exclude exotic forests such as radiata pine from generating credits in its emissions trading scheme, a move that would close the door on the vast majority of new plantings driven by the nation’s high carbon price.
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Australia can reach net zero emissions much quicker than 2050. Here’s how

RenewEconomy - Thu, 2022-03-03 11:41

Construction of Pacific Hydro's Crowland's Wind FarmLet’s imagine Australia was able to use politics to work on the single largest threat facing us: climate change.

The post Australia can reach net zero emissions much quicker than 2050. Here’s how appeared first on RenewEconomy.

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Almost 500,000 people across NSW under evacuation orders or warnings as floods hit Sydney – video

The Guardian - Thu, 2022-03-03 11:00

The wild weather system that has battered parts of eastern Australia for a week is approaching the greater Sydney region. Flood warnings are in place for the Hawkesbury-Nepean River that could impact North Richmond and Windsor in the NSW capital

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As industry lines up to take water from a wild Top End river, trees tell the story of a much drier past

The Conversation - Thu, 2022-03-03 10:36
Tree rings are ‘nature’s weather stations’ and reveal far more of the Daly River’s history than scientific records can. Philippa Higgins, PhD candidate, UNSW Sydney Fiona Johnson, Associate Professor, School of Civil and Environmental Engineering, UNSW Sydney Jonathan Palmer, Research Fellow, School of Biological, Earth and Environmental Sciences., UNSW Sydney Martin Sogaard Andersen, Associate professor, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
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Origin lands multiple supply deals for Australia’s biggest wind farm

RenewEconomy - Thu, 2022-03-03 10:13

Origin strikes multiple supply deals with corporate customers for Stockyard Hill wind farm.

The post Origin lands multiple supply deals for Australia’s biggest wind farm appeared first on RenewEconomy.

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CP Daily: Wednesday March 2, 2022

Carbon Pulse - Thu, 2022-03-03 10:04
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

US forestry VER marketplace closes $50 mln capital raise as it targets international expansion

Carbon Pulse - Thu, 2022-03-03 09:32
A San Francisco-based climate tech company on Wednesday announced a $50 mln fundraise that will grow its forestry-based voluntary emissions reduction (VER) marketplace, though the firm has drawn criticism from researchers over its alternative approach for measuring temporary CO2 storage.
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Papua New Guinea to put moratorium on REDD+ projects for voluntary market

Carbon Pulse - Thu, 2022-03-03 09:11
Papua New Guinea will impose a moratorium on all new REDD+ projects for the voluntary carbon market, its climate change minister said Wednesday, potentially scuppering investor plans to launch projects that may have created millions of credits each year for decades.
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New York biomass facility misses fifth straight RGGI compliance deadline

Carbon Pulse - Thu, 2022-03-03 09:05
A biomass-fired power facility in New York did not surrender any allowances for the RGGI programme’s 2021 interim compliance deadline, marking the fifth straight year in which it has failed to comply, according to CO2 Allowance Tracking System (COATS) data published Wednesday.
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ESG marketplace operator Xpansiv to acquire offset registry administrator APX

Carbon Pulse - Thu, 2022-03-03 09:02
ESG commodity marketplace operator Xpansiv has agreed to acquire US-based carbon offset registry administrator APX, the companies announced Wednesday.
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Tesla big battery gets minus 30°C test in 93MWh remote Alaska project

RenewEconomy - Thu, 2022-03-03 08:33

A Tesla big battery using Megapacks will be tested by temperatures as low as minus 30°C in a remote part of Alaska.

The post Tesla big battery gets minus 30°C test in 93MWh remote Alaska project appeared first on RenewEconomy.

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Will closing Australia’s biggest coal-fired power station early really cost thousands of jobs? | Temperature Check

The Guardian - Thu, 2022-03-03 08:30

If you follow the Institute of Public Affairs’s logic on job losses, a net zero target is bad for everyone working in renewables too

Closing Australia’s biggest coal-fired power plant would be an “Electric Shock”, the headline screamed, that would do almost nothing for the climate and cost thousands of jobs.

So said a page one story for Sydney’s Daily Telegraph last week on the supposed impact of a decision by Origin Energy to close its Eraring power station in 2025, seven years earlier than planned.

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