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WCI emitters reduce CCA length ahead of quarterly auction as speculators hold firm

Carbon Pulse - Sat, 2021-05-15 07:01
WCI compliance entities cut California Carbon Allowance (CCA) holdings this week as speculative interest continued to surge on the secondary market, while financial firms held their length roughly flat week-on-week, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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EU Market: EUAs jump back into record-breaking gear to near €57

Carbon Pulse - Sat, 2021-05-15 03:38
EU carbon prices resumed their record-breaking run on Friday, leaping another €2 as wider markets recovered from inflationary jitters and gas continued to climb.
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China prepares to land its Zhurong rover on Mars

BBC - Sat, 2021-05-15 03:05
The six-wheeled robot is ready to make the hazardous descent to the surface of the Red Planet.
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Third of global food production at risk from climate crisis

The Guardian - Sat, 2021-05-15 02:28

Food-growing areas will see drastic changes to rainfall and temperatures if global heating continues at current rate

A third of global food production will be at risk by the end of the century if greenhouse gas emissions continue to rise at their current rate, new research suggests.

Many of the world’s most important food-growing areas will see temperatures increase and rainfall patterns alter drastically if temperatures rise by about 3.7C, the forecast increase if emissions stay high.

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ECOSYSTEM MARKETPLACE – Shades of REDD+: ART, JNR or GCF… Which is Best for Countries?

Carbon Pulse - Sat, 2021-05-15 02:07
Carbon finance is growing and countries are faced with an array of choices—including whether to pursue projects, nesting or jurisdictional REDD+, which standards to use in doing so, and what finance opportunity to pursue.  The landscape can be a confusing array of options.  In this contribution to the Shades of REDD+ series, targeted for forest countries, we try to demystify three opportunities to capture finance for jurisdictional REDD+ performance.
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Sightings and social media spark British whale-watching boom

The Guardian - Fri, 2021-05-14 23:02

Marine life charities and wildlife tour operators observe growing interest in and empathy for whales

When a sick baby minke whale lost its way up the Thames earlier this week, hundreds of people gathered to watch the rescue efforts at Richmond and Teddington over the course of two days.

It was the furthest upriver a whale had ever ventured, a feat so out of the ordinary that the curiosity among the crowds flocking to the weir and those following the whale’s misguided journey on social media was matched by the outpouring of sadness when the little whale didn’t survive.

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US Carbon Pricing and LCFS Roundup for week ending May 14, 2021

Carbon Pulse - Fri, 2021-05-14 22:53
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in California's Scoping Plan process, North Dakota's long-term climate goal  and a major East Coast offshore wind project.
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Exchange, registry test takes China a step closer towards launching ETS trading

Carbon Pulse - Fri, 2021-05-14 22:47
China is now just weeks away from offering companies in its national emissions trading scheme the long-awaited opportunity to trade CO2 allowances, after industry group China Electricity Council conducted final tests of the exchange and the permit registry over the past week.
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The most plastic-polluted riverbed in the UK

BBC - Fri, 2021-05-14 22:30
Part of the River Tame in Greater Manchester is the most plastic-polluted riverbed in the UK, scientists say.
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UK will vaccinate and test to ensure Cop26 is in-person event

The Guardian - Fri, 2021-05-14 22:22

Alok Sharma is working with health experts and Scottish government on best way for climate summit to go ahead

The UK government will use Covid-19 vaccinations and testing to try to ensure vital UN climate talks this year go ahead in person, rather than as an online event.

Alok Sharma, a former UK business secretary and now president-designate of Cop26, the climate summit to be held in Glasgow this November, said: “I have always been very clear that this should be the most inclusive Cop ever. I have been travelling around the world and it is very clear to me that people want to see a physical Cop, in particular developing countries want this to be face to face.”

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UK plans for in-person COP26 climate summit, explores COVID safeguards

Carbon Pulse - Fri, 2021-05-14 21:27
The UK is planning on host the COP26 UN climate negotiations as an in-person summit in Glasgow in November and is considering various ways of ensuring protection against the coronavirus pandemic, the meeting’s president Alok Sharma said on Friday.
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Australian regulator sees offset exchange expanding beyond ACCUs

Carbon Pulse - Fri, 2021-05-14 19:52
Australia’s in-progress carbon credit exchange will likely over time expand beyond domestic credits to host trade in other emissions units as well as certified low carbon energy, steel, and aluminium for export, according to the Clean Energy Regulator.
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COMMENT: EU carbon’s “fine mess”

Carbon Pulse - Fri, 2021-05-14 18:56
Carbon’s been on a bit of a journey in the last week, and to judge from the chatter in the market there really is no end in sight. How high can it go? What can stop it? Who’s going to call the top? Most of the reasons why carbon is rising are clear and not really new. But what *is* new, to me at least, is the “fine mess” that has developed involving natural gas and carbon prices.
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Calls for post-Covid 'revolution' in building air quality

BBC - Fri, 2021-05-14 17:01
Top experts in how diseases spread are calling for massive improvements to the air in buildings.
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Climate crisis is not a ‘partisan issue’, young Republican tells his own party

The Guardian - Fri, 2021-05-14 16:00

Peter Meijer, 33-year-old Michigan congressman, says Republicans are in midst of ‘generational shift’ – but progress is slow

Lies that hamburgers will be banned, conspiracy-laden claims of government tyranny, blame for environmental degradation foisted upon immigrants – the Republican response to Joe Biden’s climate agenda suggests the base instincts of Donald Trump still strongly animate the party.

Related: Asia is home to 99 of world’s 100 most vulnerable cities

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Solar Insiders Podcast: Behind the meter at Smart Energy

RenewEconomy - Fri, 2021-05-14 15:27

A summary of what happened behind the meter at the Smart Energy Conference, with some special guests.

The post Solar Insiders Podcast: Behind the meter at Smart Energy appeared first on RenewEconomy.

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Initial results confirm Oakajee as ideal site for green hydrogen

RenewEconomy - Fri, 2021-05-14 15:25

Initial data recordings of wind and solar conditions at the Oakajee Strategic Industrial Area in Western Australia's Mid-West region indicate that it is an ideal site for the development of a green hydrogen industry.

The post Initial results confirm Oakajee as ideal site for green hydrogen appeared first on RenewEconomy.

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Why the low carbon transition may be much cheaper than models predict

RenewEconomy - Fri, 2021-05-14 15:12

To achieve net-zero emissions by mid-century, global energy systems must undergo a wholesale switch to low-carbon and energy-efficient technologies.

The post Why the low carbon transition may be much cheaper than models predict appeared first on RenewEconomy.

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Time to stop flirting with ‘blue’ hydrogen and go green, experts say

RenewEconomy - Fri, 2021-05-14 15:10

Research shows that 'blue' hydrogen made from fossil fuels doesn't always mean low emissions, and experts say it's time to go green.

The post Time to stop flirting with ‘blue’ hydrogen and go green, experts say appeared first on RenewEconomy.

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Last hope over climate crisis requires end to coal, says Alok Sharma

The Guardian - Fri, 2021-05-14 15:00

President-designate of Cop26 talks says tackling the fossil fuel is ‘a personal priority’

Coal must be consigned to history as the world faces its “last hope” of holding back climate breakdown, the president of the Cop26 climate summit says.

Alok Sharma, a former UK business secretary and now president-designate of Cop26, to be held in Glasgow this November, is expected to say this Friday morning: “This is our last hope of keeping 1.5C alive. Our best chance of building a brighter future … of green jobs and cleaner air. I have faith that world leaders will rise to the occasion and not be found wanting in their tryst with destiny.”

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