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Connecticut abandons TCI carbon market after legislature omits programme from budget

Carbon Pulse - Tue, 2021-06-08 00:07
Connecticut will not participate in the Transportation and Climate Initiative Programme (TCI-P) after the legislature failed to authorise the proposed fuel sector cap-and-trade scheme, leaving the initiative with three jurisdictions.
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CSIRO and Ampol team up for “step-change” hydrogen storage technology

RenewEconomy - Tue, 2021-06-08 00:01

hydrogen fuel renewable arena - optimisedCSIRO and Ampol launch new hydrogen storage start-up aiming to deliver zero emissions storage to off-grid and remote applications.

The post CSIRO and Ampol team up for “step-change” hydrogen storage technology appeared first on RenewEconomy.

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China carbon market to face early test from expected power shortages

Carbon Pulse - Mon, 2021-06-07 23:26
Heat waves and booming industrial production are expected to cause power shortages in a number of Chinese provinces this summer, putting the nation’s emissions trading scheme to an early test of whether it is able to control spikes in greenhouse gas emissions.
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Jeff Bezos and brother to fly to space in Blue Origin flight

BBC - Mon, 2021-06-07 22:07
The Amazon founder will take the first human flight launched by his space company, Blue Origin.
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It’s time to nationalize Shell. Private oil companies are no longer fit for purpose | Johanna Bozuwa and Olúfẹ́mi O. Táíwò

The Guardian - Mon, 2021-06-07 20:15

Failing, heavily subsidized private oil companies enjoy the profits of oil extraction while the rest of us pay in tax dollars, human rights abuses, and an unlivable climate

It has been a bad month for big oil. A Dutch court just ruled that Shell must cut its carbon pollution by 45% by 2030. The court’s decision has rightly been celebrated: it is a much more stringent requirement than the ineffective regulations imposed to date. Meanwhile, shareholders are waging rebellions at various oil giants – ExxonMobil shareholders won two seats on the board to pressure the oil company towards a greener strategy, and shareholders at Chevron and ConocoPhillips passed nonbinding resolutions pressuring the companies to disclose their lobbying efforts and emissions amounts.

Private oil and gas companies are finally up against the wall. Shell has promised to appeal the Dutch court decision, but oil prices went negative last month and put companies on bankruptcy notice, and last week the International Energy Agency said to stop digging. Politicians have floated the idea of oil and gas magnates becoming “carbon management companies” as a way for those companies to have a “future in a low-carbon world” while retaining control over oil, gas, and profit in a planet increasingly aware of and hostile to their emissions-generating activity.

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Economist, World Resources Institute – Beijing

Carbon Pulse - Mon, 2021-06-07 18:53
World Resources Institute China Climate & Energy Program is seeking an economist to work on China’s climate policy towards 2050 and its associated economic transition, at both national and subnational levels.
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Analyst, The Carbon Trust – Beijing

Carbon Pulse - Mon, 2021-06-07 18:49
The purpose of this role is to support the growth of the Carbon Trust’s activities and impact in China, especially with our corporate clients. 
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Low Carbon Trading Portfolio Project Manager, BP – Singapore

Carbon Pulse - Mon, 2021-06-07 18:42
Low Carbon Trading (LCT) Portfolio Project Manager will be an integral part of the LCT Centre of Excellence (CoE) and the Trading & Shipping (T&S) organisation.
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Nature Based Solutions Technical Manager, Shell – The Hague

Carbon Pulse - Mon, 2021-06-07 18:42
Shell is hiring a Technical Manager to play a leadership role in the technical and environmental assessment and maturation of opportunities in the region and to work with other leaders in the global NBS team to ensure the development of a balanced portfolio that is robust from economic environmental and societal perspectives.
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UPDATE – ICE suspends EU carbon trade after Endex migration hit by “technical issues”

Carbon Pulse - Mon, 2021-06-07 17:22
Exchange operator ICE halted its EU carbon trading early Monday amid "technical issues" linked to the migration of the contracts from to its Endex platform from its London-based hub.
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We are running out of time to reach deal to save natural world, says UN talks chair

The Guardian - Mon, 2021-06-07 17:00

Warning comes amid fears of further delays to Kunming summit, which aims to agree on curbing destruction of ecosystems

The world is running out of time to reach an ambitious deal to stem the destruction of the natural world, the co-chair of negotiations for a crucial UN wildlife summit has warned, amid fears of a third delay to the talks.

Negotiators are scheduled to meet in Kunming, China, in October for Cop15, the biggest biodiversity summit in a decade, to reach a hoped-for Paris-style agreement on preventing wildlife extinctions and the human-driven destruction of the planet’s ecosystems.

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Wealthy nations breaking climate pledge with gas dash in global south

The Guardian - Mon, 2021-06-07 17:00

Study finds leading economies have funded projects related to fossil fuel, worsening global heating

Wealthy nations are breaking their climate commitments by funding a new dash for gas in the global south, according to a study.

A week before the G7 summit begins in Cornwall, the report reveals low and middle-income nations received nearly $16bn a year between 2017 and 2019 to fund projects related to gas, a fossil fuel that worsens global heating.

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Climate crisis to shrink G7 economies twice as much as Covid-19, says research

The Guardian - Mon, 2021-06-07 16:00

G7 countries will lose $5tn a year by 2050 if temperatures rise by 2.6C

The economies of rich countries will shrink by twice as much as they did in the Covid-19 crisis if they fail to tackle rising greenhouse gas emissions, according to research.

The G7 countries – the world’s biggest industrialised economies – will lose 8.5% of GDP a year, or nearly $5tn wiped off their economies, within 30 years if temperatures rise by 2.6C, as they are likely to on the basis of government pledges and policies around the world, according to research from Oxfam and the Swiss Re Institute.

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Explainer: What happens to old wind turbines?

RenewEconomy - Mon, 2021-06-07 15:58

The wind power industry is making gains in its quest for full recyclability, but there is still much to do.

The post Explainer: What happens to old wind turbines? appeared first on RenewEconomy.

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Grant King flags “secret society” working to lift nuclear power ban

RenewEconomy - Mon, 2021-06-07 15:49

Chair of the Climate Change Authority, Grant King. (AAP Image/Paul Miller)Climate Change Authority chair Grant King says there is a "secret society" that is pushing to remove Australia's ban on nuclear power.

The post Grant King flags “secret society” working to lift nuclear power ban appeared first on RenewEconomy.

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Great apes predicted to lose 90% of homelands in Africa, study finds

The Guardian - Mon, 2021-06-07 15:00

Global heating and habitat destruction may together devastate humanity’s closest relatives

Great apes – humanity’s closest relatives, are predicted to lose a “devastating” 90% of their homelands in Africa in coming decades, according to a study.

All gorillas, chimpanzees and bonobos are already endangered or critically endangered. But a combination of the climate crisis, the destruction of wild areas for minerals, timber and food, and human population growth is on track to decimate their ranges by 2050, the scientists said. Half of the projected lost territory will be in national parks and other protected areas.

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Are Australia’s biggest states moving fast enough in transition to clean energy?

RenewEconomy - Mon, 2021-06-07 14:53

2020 was a strong year for renewables uptake in every Australian state and territory, but are some of the biggest states moving fast enough?

The post Are Australia’s biggest states moving fast enough in transition to clean energy? appeared first on RenewEconomy.

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ElectraNet approves landmark “freeway” for wind, solar and storage

RenewEconomy - Mon, 2021-06-07 14:47

ElectraNet gives approval for its part of new transmission link from South Australia to NSW, expected to unlock huge wind and solar projects.

The post ElectraNet approves landmark “freeway” for wind, solar and storage appeared first on RenewEconomy.

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Solar overtakes wind to be new queen of Australian renewables in 2020

RenewEconomy - Mon, 2021-06-07 14:01

australia agl solar rooftop commericial - canva - optimised 2Solar overtakes wind and renewables overtake gas, as new data suggests 2020 could be the turning point for Australia's clean energy transition.

The post Solar overtakes wind to be new queen of Australian renewables in 2020 appeared first on RenewEconomy.

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Price explosion: Gas producers clean up as sun goes down in post Callide world

RenewEconomy - Mon, 2021-06-07 13:57

Gas and coal producers are profiting from the "scarcity" created by the Callide explosion and the early winter sunsets. Will Angus Taylor claim responsibility?

The post Price explosion: Gas producers clean up as sun goes down in post Callide world appeared first on RenewEconomy.

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