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NA Markets: Bullish pressure pushes CCAs to 14-mth high, as RGGI prices rise amid Q1 emissions uptick

Carbon Pulse - Fri, 2021-04-30 06:46
California Carbon Allowance (CCA) prices surged on the secondary market amid increased speculative demand over the week, while RGGI Allowance (RGA) values rose as entities looked to move positions further out on the curve.
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Historic German court decision finds inaction violates the rights of the young

RenewEconomy - Fri, 2021-04-30 06:31

A significant and historic ruling from Germany's top court: putting off climate action for future generations to deal with is illegal.

The post Historic German court decision finds inaction violates the rights of the young appeared first on RenewEconomy.

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Morrison in mad scramble to boost fossil fuels while the world changes fast

RenewEconomy - Fri, 2021-04-30 06:30

scott morrison SnowyA taxpayer funded gas plant and a proposed subsidy for fossils on the grid. As the world shifts away from coal and gas, Australia's government doubles down.

The post Morrison in mad scramble to boost fossil fuels while the world changes fast appeared first on RenewEconomy.

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Feral desert donkeys are digging wells, giving water to parched wildlife

The Conversation - Fri, 2021-04-30 06:06
Incredibly, once the wells dried up some became nurseries for the germination and establishment of wetland trees. Erick Lundgren, PhD Student, Centre for Compassionate Conservation, University of Technology Sydney Arian Wallach, Lecturer, Centre for Compassionate Conservation, University of Technology Sydney Daniel Ramp, Associate Professor and Director, Centre for Compassionate Conservation, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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South Korea appoints three new ETS market makers

Carbon Pulse - Fri, 2021-04-30 04:23
South Korea has appointed three additional market makers in a bid to boost liquidity in its emissions trading scheme, the government said on Thursday, bringing in the first private sector firms beyond those with compliance obligations.
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EU Market: EUAs hold near €48 as investor interest rises, compliance season draws to a close

Carbon Pulse - Fri, 2021-04-30 03:36
EU carbon was little changed on Thursday, hovering near €48 as the annual ETS compliance cycle neared its end while data showed increasing investor flows.
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Australian energy board chair says gas-fired power plant in Hunter Valley ‘doesn’t stack up’

The Guardian - Fri, 2021-04-30 03:30

Kerry Schott says private sector won’t back ‘expensive power’ when there are cheaper alternatives such as renewables and batteries

The chair of Australia’s Energy Security Board says a taxpayer-funded gas-fired power plant in the Hunter Valley makes little commercial sense given the abundance of cheaper alternatives flooding the market.

The Morrison government is continuing to hold out the prospect of Snowy Hydro building a new plant at Kurri Kurri to replace the power generation gap created by the exit of the ageing Liddell coal-fired plant.

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Shipping ‘insets’ could curb GHGs within supply chain, says industry representative

Carbon Pulse - Fri, 2021-04-30 03:14
The global maritime industry should look into emissions-cutting projects within the sector instead of relying on offsets, a representative from a Europe-based shipping company said Thursday, as the industry braces for EU mitigation measures.
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New study identifies gaps, over-crediting in California’s forestry offset protocol

Carbon Pulse - Fri, 2021-04-30 02:54
California’s compliance offset programme could have erroneously issued up to nearly 40 million credits to forestry projects, and developers utilised gaps in the state’s protocol to inflate emissions reductions attributed to those initiatives, according to a non-profit study released Thursday.
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Barcelona installs Spain’s first solar energy pavement

The Guardian - Fri, 2021-04-30 01:19

Photovoltaic ground installation part of move to increase capacity close to where it’s most needed, in cities

Barcelona city council has installed Spain’s first photovoltaic pavement as part of the city’s drive to become carbon neutral by 2050.

The 50 sq metres of non-slip solar panels, installed in a small park in the Glòries area of the city, will generate 7,560kW a year, enough to supply three households.

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Energy Insiders Podcast: Kerry Schott on the post-2025 market reform

RenewEconomy - Fri, 2021-04-30 00:13

Kerry Schott clean energy summit energy security board esb - optimisedKerry Schott joins Energy Insiders to discuss the proposed options for the energy market reform, and why coal generators are not viable, and may need support.

The post Energy Insiders Podcast: Kerry Schott on the post-2025 market reform appeared first on RenewEconomy.

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ESB outlines market options to handle accelerating shift to renewables

RenewEconomy - Fri, 2021-04-30 00:02

ESB unveiled market reform options to manage an accelerating clean energy transition, but most focus will be on what it proposes for coal generators.

The post ESB outlines market options to handle accelerating shift to renewables appeared first on RenewEconomy.

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Coal generators could be paid to stay open under options proposed by ESB

RenewEconomy - Fri, 2021-04-30 00:01

ESB floats proposal to reward coal plants to stay open, preventing their early closure, while the growth of solar erodes their profitability.

The post Coal generators could be paid to stay open under options proposed by ESB appeared first on RenewEconomy.

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Three Extinction Rebellion activists acquitted over press protests

The Guardian - Thu, 2021-04-29 23:58

Environmental protesters cleared of aggravated trespass at newspaper printing plant last year

Three more Extinction Rebellion protesters have been acquitted for their part in demonstrations that blockaded newspaper printing plants last year.

Katie Ritchie-Moulin, 22, Harrison Radcliffe, 21, and Luca Vitale, 22, were among 81 people arrested outside printers in Broxbourne, Hertfordshire, and Knowsley, Merseyside, on 4 September.

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US Senate votes to reinstate methane rules loosened by Trump

The Guardian - Thu, 2021-04-29 23:38

Congressional Democrats move to reinstate regulations designed to limit potent greenhouse gas emissions from oil and gas fields

Congressional Democrats are moving to reinstate regulations designed to limit potent greenhouse gas emissions from oil and gas fields, as part of a broader effort by the Biden administration to tackle climate change.

The Senate approved a resolution Wednesday that would undo an environmental rollback by Donald Trump that relaxed requirements of a 2016 Obama administration rule targeting methane emissions from oil and gas drilling.

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Facing regulatory pressure, airline Ryanair upstages rival IAG on sustainable fuels

Carbon Pulse - Thu, 2021-04-29 22:51
The EU’s largest airline Ryanair plans to power an eighth of its flights with sustainable aviation fuel by 2030, it said on Thursday, aiming to fend off prospects to regulate more of its climate impact.
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Germany must tighten post-2030 climate measures, top court rules

Carbon Pulse - Thu, 2021-04-29 22:46
Germany will need to set further post-2030 emissions reduction measures by the end of next year, the country’s top court ordered on Thursday in a ruling that found its national climate law ‘partly unconstitutional’.
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Utility Vattenfall reports 1.5% dip in EU ETS-covered output for Q1

Carbon Pulse - Thu, 2021-04-29 20:55
Swedish utility Vattenfall’s EU ETS-covered power output dipped 1.5% year-on-year in Q1, outpacing a 0.6% drop in total generation, the company said in its quarterly results on Thursday.
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World will lose 10% of glacier ice even if it hits climate targets

The Guardian - Thu, 2021-04-29 19:22

Exclusive: loss is equivalent to more than 13,200 cubic kilometres of water or 10m Wembley Stadiums

A tenth of the world’s mountain glacier ice will have melted by the middle of this century even if humanity meets the goals of the Paris climate agreement, according to figures compiled exclusively for the Guardian.

The loss is equivalent to more than 13,200 cubic kilometres of water – enough to fill Lake Superior, or more than 10m Wembley Stadiums – with knock-on effects on highly populated river deltas, wildlife habitats and sea levels.

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China launches first module of new space station

BBC - Thu, 2021-04-29 17:19
It's a major step in China's ambitions to rival the United States and Russia in space exploration.
Categories: Around The Web

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