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Romanian utility Oltenia launches first tender to buy EUAs for 2020 compliance

Carbon Pulse - Wed, 2021-02-10 06:36
Romania’s second-largest utility CE Oltenia will begin to buy Phase 3 EUAs for 2020 compliance in spot tenders starting on Wednesday, despite a probe into the company’s restructuring plans launched by the European Commission last week.
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Inuit hunters blockade iron mine in freezing temperatures over expansion

The Guardian - Wed, 2021-02-10 06:10

Standoff exposes tensions between large Inuit organizations with power to approve permits and residents of small communities

A group of Inuit hunters have braved nearly a week of freezing temperatures to blockade a remote iron mine in northern Canada, in protest over an expansion plan they say will harm local wildlife.

The blockade, which has prompted solidarity rallies in other Nunavut communities, has also exposed growing tensions between large Inuit organizations with the power to approve development permits – and residents of the small communities where the impact of such projects is felt.

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California offset task force members resign over group’s deregulatory aim

Carbon Pulse - Wed, 2021-02-10 05:57
Two members of California’s Compliance Offset Protocol Task Force (OPTF) stepped down on Monday, arguing that the majority of the group stands to financially benefit from expanding and deregulating the state’s carbon credit programme, contradicting the wishes of environmental groups and the environmental justice (EJ) community.
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Australia must control its killer cat problem. A major new report explains how, but doesn't go far enough

The Conversation - Wed, 2021-02-10 05:06
Cats kill a staggering 1.7 billion native animals each year, and threaten at least 120 species with extinction. Five experts analyse a parliamentary report on the problem. Sarah Legge, Professor, Australian National University Chris Dickman, Professor in Terrestrial Ecology, University of Sydney Jaana Dielenberg, University Fellow, Charles Darwin University John Woinarski, Professor (conservation biology), Charles Darwin University Tida Nou, Project officer, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Industries urge EU to safeguard flow of free carbon units amid virus impact

Carbon Pulse - Wed, 2021-02-10 04:52
The European Commission must ensure the effects of the COVID-19 pandemic will not “unduly” affect free EUA allocation through 2030, according to heavy industry representatives.
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Whitehaven coal mine plan to be re-examined by council

BBC - Wed, 2021-02-10 04:21
Councillors will reconsider the planning application in the light of climate change advice.
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RGGI Q4 transactions skyrocket as post-2020 changes spark price spike -report

Carbon Pulse - Wed, 2021-02-10 03:49
RGGI’s impending Emissions Containment Reserve (ECR) trigger price spurred a rise in allowance prices throughout Q4 2020, as the volume of units transferred between unaffiliated parties surged over the final months of the compliance period, according to a report released Tuesday.
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'It's an ecological wasteland': offsets for Sydney toll way were promised but never delivered

The Guardian - Wed, 2021-02-10 02:30

The M7 was supposed to be offset by environmental protection 15 years ago. Leaked documents show that never happened

Western Sydney has seen some of the most intensive urban development in Australia in the past 20 years – and what’s known as “conservation offsets” have been used as a bargaining chip to make this rapid construction of new residential suburbs and infrastructure more palatable to the public.

But an investigation by Guardian Australia has found at least two instances where the offsets never eventuated, in one case 20 years after they were first proposed.

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County council to reconsider Cumbria coalmine application

The Guardian - Wed, 2021-02-10 01:29

Planning proposal for project near Whitehaven faces widespread opposition from environmentalists

Cumbria county council has said it will reconsider the planning application for a new coalmine near Whitehaven, which has prompted widespread criticism.

Government ministers in January declined to intervene in the go-ahead for the mine on the basis it was a local decision, but environmental campaigners have warned it undermines UK efforts to tackle climate change.

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EU Midday Market Briefing

Carbon Pulse - Tue, 2021-02-09 23:59
EUAs slipped back below €38 on Tuesday as energy prices gave back some of the previous session’s gains, even as freezing temperatures continued to bite.
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Coronavirus: Bat virus hunters find new evidence

BBC - Tue, 2021-02-09 22:59
Experts say coronaviruses related to Sars-CoV-2 may be found in bats across many parts of Asia.
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Australia Market Roundup: LFG, herd management projects pick up majority of new ACCUs as prices firm

Carbon Pulse - Tue, 2021-02-09 21:21
Landfill gas and beef herd management projects picked up the majority of credits in Australia’s latest offset issuance, as secondary market prices continued to firm.
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Activists occupy second London tunnel in protest at tree-felling plans

The Guardian - Tue, 2021-02-09 20:10

Highbury Corner tunnel built by same crew behind HS2 protest tunnel at Euston, say environmentalists

A second tunnel or tunnel network has been occupied by tree protectors in central London in protest at plans by Islington council to fell a range of mature trees to make way for new housing.

Activists from a group called Save The Trees are occupying the site, which is close to a busy roundabout in a polluted part of London.

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Climate crisis pushing great white sharks into new waters

The Guardian - Tue, 2021-02-09 20:00

Shift is caused by the heating of the oceans and other wildlife is suffering more attacks

The climate crisis is pushing great white sharks into new waters where they are causing populations of endangered wildlife to plunge, research has shown.

Heating of the oceans, which reached a record level in 2020, has led young great white sharks to move 600km (373 miles) northwards off the coast of California since 2014, into waters that were previously too cold. Over that time there was a dramatic rise in sea otters killed by white sharks, with the number in Monterey Bay dropping by 86%.

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Indonesian projects take the spoils as SE Asian offset market grows -report

Carbon Pulse - Tue, 2021-02-09 19:44
The cumulative value of Southeast Asia-generated carbon credits surpassed $100 million last year, according to a report released this week, with projects in Indonesia securing around four-fifths of the total for their avoided deforestation efforts.
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Bailiffs find tunnels at Highbury Corner as tree protector activists are evicted – video

The Guardian - Tue, 2021-02-09 19:29

A second tunnel or tunnel network has been occupied by activists in London in a protest against plans by Islington council to fell a range of mature trees.

Activists say the tunnel at Highbury Corner tree protection camp was built by the crew that dug the tunnel at the Euston Square Gardens HS2 protection camp.

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Climate change: New targets to eliminate Wales' gases

BBC - Tue, 2021-02-09 18:56
Changes could mean replacing gas boilers in homes and finding new ways to make steel without coal.
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'Invisible killer': fossil fuels caused 8.7m deaths globally in 2018, research finds

The Guardian - Tue, 2021-02-09 18:00

Pollution from power plants, vehicles and other sources accounted for one in five of all deaths that year, more detailed analysis reveals

Air pollution caused by the burning of fossil fuels such as coal and oil was responsible for 8.7m deaths globally in 2018, a staggering one in five of all people who died that year, new research has found.

Countries with the most prodigious consumption of fossil fuels to power factories, homes and vehicles are suffering the highest death tolls, with the study finding more than one in 10 deaths in both the US and Europe were caused by the resulting pollution, along with nearly a third of deaths in eastern Asia, which includes China. Death rates in South America and Africa were significantly lower.

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Australia's climate wars were always stupid. Now they've got even dumber | Katharine Murphy

The Guardian - Tue, 2021-02-09 17:32

Climate action wreckers who used to rant about real things – carbon pricing, a national energy guarantee – are spouting about policies that don’t even exist

Given Australian politics has transited back to climate change, stupid isn’t really a shock. Stupid is the default.

But even though stupid is to be expected – and stupid always gets supercharged when the Coalition fuses its climate change “debates” with internal leadership tension – I’m still gobsmacked that somehow, over the past 72 hours, we have managed to move to somewhere even dumber. Let me explain what I mean by this.

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State-owned fossil fuel firms planning $1.9tn investments

The Guardian - Tue, 2021-02-09 16:01

Oil projects over the next decade would destroy hopes of meeting Paris climate goals, thinktank warns

The world’s state-owned fossil fuel companies are poised to invest about $1.9tn (£1.4tn) in the next decade in projects that would destroy any prospect of meeting the Paris agreement climate goals.

A large proportion of these investments are likely to become stranded assets, with at least $400bn unlikely to be profitable if the world sticks to its promises to hold global heating to less than 2C (3.6F) above pre-industrial levels, according to a report from the Natural Resource Governance Institute thinktank.

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