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Carbon prices to hit €140 by 2030, analysts forecast in newly-launched EU ETS coverage

Carbon Pulse - Tue, 2021-12-21 06:40
EU carbon prices will reach €140 by 2030, said a team of analysts that has launched coverage of the ETS, with their forecast representing the most bullish outlook to date.
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Climate lawyer loses supreme court appeal over Heathrow leak

The Guardian - Tue, 2021-12-21 05:36

Tim Crosland was found in contempt for prematurely revealing court’s decision on third runway

A lawyer and climate campaigner who leaked the result of a supreme court ruling on the Heathrow airport expansion has lost an appeal against a contempt of court finding.

Tim Crosland, the director of environmental campaign group Plan B Earth, was found in contempt of court for prematurely revealing the court’s decision on Heathrow’s third runway 22 hours before it was made public in December 2020.

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US EPA imposes more stringent clean car standards in final rulemaking

Carbon Pulse - Tue, 2021-12-21 04:39
The US EPA on Monday released its final rulemaking for setting light-duty vehicle GHG standards that were rolled back under the Trump administration, as President Joe Biden’s agency opted to implement more ambitious compliance targets than the proposed rule set out this summer.
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As deeper emissions goals loom, EU ministers resume fight over fair shares

Carbon Pulse - Tue, 2021-12-21 04:05
Several EU environment ministers criticised the allocation of revised non-ETS emissions targets on Monday, signalling a troubled path into law for the bloc's climate legislation to help meet 2030 goals.
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Revealed: the Florida power company pushing legislation to slow rooftop solar

The Guardian - Tue, 2021-12-21 01:35

Florida Power & Light delivered bill text to a state lawmaker. Its parent company sent $10,000 to her campaign coffers

The biggest power company in the US is pushing policy changes that would hamstring rooftop solar power in Florida, delivering legislation for a state lawmaker to introduce, according to records obtained by the Miami Herald and Floodlight.

Florida Power & Light (FPL), whose work with dark money political committees helped secure Republican control of the state Senate, is lobbying to hollow out net metering, a policy that lets Florida homeowners and businesses offset the costs of installing solar panels by selling power back to the company.

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Euro Markets: Midday Update

Carbon Pulse - Mon, 2021-12-20 22:37
Volume in the EUA market dropped away sharply on Monday as the benchmark Dec-21 contract entered its final hours of trading before expiry, while natural gas rallied slightly as Gazprom booked less pipeline capacity than expected for January.
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Revealed: a Florida power company wrote its own bill to slow rooftop solar

The Guardian - Mon, 2021-12-20 21:00

Florida Power & Light delivered bill text to a state lawmaker. Its parent company sent $10,000 to her campaign coffers

The biggest power company in the US is pushing policy changes that would hamstring rooftop solar power in Florida, delivering legislation for a state lawmaker to introduce, according to records obtained by the Miami Herald and Floodlight.

Florida Power & Light (FPL), whose work with dark money political committees helped secure Republican control of the state Senate, is lobbying to hollow out net metering, a policy that lets Florida homeowners and businesses offset the costs of installing solar panels by selling power back to the company.

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FOCUS – Top-ranked on climate, oil firm Eni bets big on renewables

Carbon Pulse - Mon, 2021-12-20 20:34
Italy’s Eni consistently tops climate action rankings for oil firms, with its strong focus on renewables and wide goal-setting establishing the firm as a global leader in a big-emitting sector falling short overall.
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SK Market: KAUs climb to 19-mth high as financials enter market

Carbon Pulse - Mon, 2021-12-20 19:03
Spot allowances in South Korea’s emissions trading scheme rose to a 19-month high on Monday as 20 financial institutions were accepted into the market to bolster liquidity.
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NSW approves Morrison government’s $600m Kurri Kurri gas-fired power plant

The Guardian - Mon, 2021-12-20 18:17

Critics say ‘polluting’ plant in the Hunter region – which will only operate 2% of the year – makes little commercial sense

The NSW government has approved the construction of a $600m gas-fired power station backed by the Morrison government in the state’s Hunter region.

Snowy Hydro’s application to build the 660-megawatt power station in Kurri Kurri was approved by Rob Stokes in one of his final decisions as the state’s planning minister before Anthony Roberts takes over the portfolio.

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2021: when the link between the climate and biodiversity crises became clear

The Guardian - Mon, 2021-12-20 17:30

Looking back on a year in which the Age of Extinction reported on everything from summits to species loss, solutions and community involvement

Bats sweltering in their boxes, polar bears and narwhals using up to four times as much energy to survive, birds starving as Turkey’s lakes dry up, and unique island species at high risk of extinction as the planet warms. If there was ever any doubt about the inextricable link between the climate emergency and the biodiversity crisis, those doubts were well and truly dispelled in 2021.

“The science is clear: climate, biodiversity and human health are fully interdependent,” Frans Timmermans, the European Commission vice-president who heads the European Green Deal; Achim Steiner, of the UN Development Programme; and Sandrine Dixson-Declève, of the Club of Rome, wrote before the Cop26 climate conference.

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Glencore’s proposed $1.5bn coalmine site home to over a dozen threatened species, government told

The Guardian - Mon, 2021-12-20 17:12

Development would have to fit within the mining giant’s pledge to reach net zero greenhouse gas emissions by 2050

Mining giant Glencore has defended its plans to dig a $1.5bn coalmine in Queensland after telling the federal government more than a dozen threatened species could be on the site.

Environmentalists said the Valeria mine would destroy habitat for threatened species and threaten farmland, and put a question mark over the company’s climate goals.

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Phi Phi islands’ sustainable tourism renaissance – in pictures

The Guardian - Mon, 2021-12-20 17:00

Mass tourism had brought the archipelago to the brink of ecological catastrophe. Now Thailand hopes to make it the standard bearer for a sustainable tourism model as the country reopens to visitors after the Covid shutdown

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Newsletters VIC - Mon, 2021-12-20 16:19
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Newsletters Sydney - Mon, 2021-12-20 16:19
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Newsletters QLD - Mon, 2021-12-20 16:19
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Newsletters S.A. - Mon, 2021-12-20 16:19
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Reef 2050 Long-Term Sustainability Plan 2021-25 released

Department of the Environment - Mon, 2021-12-20 16:19
The Australian and Queensland Governments have released the updated
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Newsletters ACT - Mon, 2021-12-20 16:19
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Newsletters National - Mon, 2021-12-20 16:19
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