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Netherlands coalition pact seeks to raise CO2 tax, eyes industry deals

Carbon Pulse - Fri, 2021-12-17 07:59
A coalition agreement struck by political groups in the Netherlands this week seeks to raise the nation’s carbon tax for EU ETS-covered sectors and to strike bespoke deals with the country’s big-emitting industrial firms.
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PepsiCo Australia goes 100 per cent renewable with PPAs and rooftop solar

RenewEconomy - Fri, 2021-12-17 06:37

Solar powered Twisties: Australian arm of food and beverage giant meets early 100% renewables mark with mix of power purchase agreements.

The post PepsiCo Australia goes 100 per cent renewable with PPAs and rooftop solar appeared first on RenewEconomy.

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Farmers shouldn't have to compete with solar companies for land. We need better policies so everyone can benefit

The Conversation - Fri, 2021-12-17 05:09
Such tension has played out over many decades between agricultural communities and coal companies. We can avoid history repeating itself if we urgently set the right policies and laws in place. Madeline Taylor, Senior Lecturer, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
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CSIRO GenCost: Wind and solar still reign supreme as cheapest energy sources

RenewEconomy - Fri, 2021-12-17 05:00

Latest CSIRO GenCost assessment says wind and solar much cheaper than fossil fuels and nuclear, even with storage and 90 per cent renewables.

The post CSIRO GenCost: Wind and solar still reign supreme as cheapest energy sources appeared first on RenewEconomy.

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COMMENT: When is a market not a market? When it’s the EU ETS that Poland & Co. want

Carbon Pulse - Fri, 2021-12-17 04:34
Everyone’s aware how natural gas prices are up by more than 400% this year due to reduced Russian supplies, tight LNG markets, low EU storages, and the onset of winter demand. And of course since gas is a primary fuel for power generation, there’s been a knock-on effect there too. So you might be forgiven if you find it confusing that a number of EU member states think that suspending the EU ETS and reforming the market is a sure-fire way to deal with these gas and power prices.
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Plans for carbon-neutral homes in England are a step back, say experts

The Guardian - Fri, 2021-12-17 04:29

Newly published building policy said to be a ‘missed opportunity’ to help the UK reach net zero by 2030

The government’s new building regulations were supposed to be the blueprint for carbon-neutral homes, helping the country reach net zero by 2030, but instead are a step backwards, industry experts have said.

The government policy, published on Wednesday and due to be introduced by 2025, has mandated a 30% carbon cut in all new buildings and a 27% cut in others. The new rules will come into force in June in England, with a transition period to allow for planning applications that are in progress at the time.

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EU’s Modernisation Fund grants €898.43 mln in eight states since its go-live

Carbon Pulse - Fri, 2021-12-17 03:33
The EU ETS-financed Modernisation Fund has disbursed a total of €898.43 million to fund eight countries since it was launched this year, the European Commission said on Thursday, with only Latvia and Slovakia yet to benefit from the cash pot.
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Rhino deaths in South Africa from poaching reach 24 in December

The Guardian - Fri, 2021-12-17 03:20

Carcasses found in four provinces, including one pregnant female, with nine arrests made

Poachers have killed 24 rhinos in South Africa during the first two weeks of December after a lull in killings during the Covid pandemic.

On Tuesday, the South African environment ministry said carcasses had been discovered in four provinces across the country since the beginning of the month, with seven rhinos found dead in Kruger national park, six in KwaZulu-Natal and seven in Mpumalanga. Four, including a pregnant female, were shot dead by poachers at a game reserve in the Western Cape last week while a fifth is being treated for gunshot wounds.

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Supermarkets drop Brazilian beef products linked to deforestation

The Guardian - Fri, 2021-12-17 03:18

Sainsbury’s is one of six European supermarkets to stop selling some or all beef products from South American country

Sainsbury’s and five other European supermarkets have announced they will stop selling some or all beef products originating in Brazil because of concerns over links to deforestation in the Amazon rainforest and other ecologically important areas.

Sainsbury’s, along with Lidl Netherlands and others, took action after research into “cattle laundering” involving the meat conglomerate JBS. According to the news organisation Repórter Brasil, the company allegedly indirectly sourced cattle from illegally deforested areas.

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Canadian carbon border measure faces challenges over CO2 price complexity

Carbon Pulse - Fri, 2021-12-17 03:14
Canada is currently examining a carbon border adjustment mechanism (CBAM) as it sets it sights on a domestic carbon price of C$170/tonne by 2030, but experts say this level is not at all reflective of what should be charged for emissions at the border.
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EU leaders poised to ask for more scrutiny of carbon market

Carbon Pulse - Fri, 2021-12-17 02:58
EU leaders are readying a deal on Thursday to task the European Commission to strengthen its supervision of the bloc’s ETS, ceding to some of Poland's longstanding demands as an unprecedented surge in the cost of carbon fuels concerns about anticompetitive behaviour.
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British or Irish reached remote islands before Vikings

BBC - Fri, 2021-12-17 02:05
People from Britain or Ireland may have reached the remote Faroe Islands before the Vikings.
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Brazil wildfires killed an estimated 17 million animals

BBC - Fri, 2021-12-17 02:05
'Body count' study gives first estimate of animals killed in wildfires in Brazil's Pantanal wetland.
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Good citizen award? No thanks, young climate campaigners tell Welsh council

The Guardian - Fri, 2021-12-17 00:34

Young Friends of the Earth group in flood-hit Pontypridd accuse borough council of ‘sitting in the flames’

Most youngsters chosen to receive a good citizen award would probably have welcomed the recognition and dutifully attended the ceremony and photocall with the local mayor.

But members of Young Friends of the Earth in the south Wales town of Pontypridd, who have been campaigning for changes to address the climate emergency, weren’t having any of it.

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BRIEFING: Excess speculation risks destabilising EU ETS, threatens climate efforts, warns report

Carbon Pulse - Fri, 2021-12-17 00:14
Excessive speculation in the EU ETS could destabilise the market, with improved data availability, better monitoring of financial players, and a dedicated regulatory body needed to avoid “serious” disruption, a report has warned.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2021-12-16 23:30
EUAs were relatively rangebound in early Thursday trading as the market waited for news from Brussels, where EU leaders are discussing how to react to high energy costs and Poland is expected to propose intervention in the EU ETS.
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Waterbirds in eastern Australia declining despite breeding boost from wet years, survey finds

The Guardian - Thu, 2021-12-16 23:01

Latest edition of one of world’s largest and longest nature surveys counts 95,306 birds, third lowest tally in almost four decades of tracking

Consecutive wet years have boosted breeding colonies of waterbirds in eastern Australia but not enough yet to increase total bird numbers, according to the latest edition of one of the world’s largest and longest nature surveys.

Researchers on the annual survey, now in its 39th year, flew 38,360km – or almost enough to circumnavigate the globe – to track the abundance in more than 2,000 wetlands of about 50 bird species, from Queensland down to Victoria.

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CN Markets: Overtime compliance rush pushes up China ETS price, volume

Carbon Pulse - Thu, 2021-12-16 21:05
China’s carbon price and trading volumes rose again on Thursday as emitters that failed to meet Wednesday’s initial compliance deadline continued to chase supply.
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Trayport, Incubex VCM trading platform hosts first offset trade

Carbon Pulse - Thu, 2021-12-16 18:00
UK-based trading software company Trayport has hosted a first trade in voluntary emissions reductions (VERs) on its Joule system ahead of the launch of a dedicated VCM trading platform, the company said Thursday.
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SunDrive, backed by Cannon-Brookes, produces first panel with record-busting solar cell

RenewEconomy - Thu, 2021-12-16 17:28

The Australian start up that achieved a new benchmark for solar cell efficiency has notched up another major new milestone, with production of its first full-size solar panel.

The post SunDrive, backed by Cannon-Brookes, produces first panel with record-busting solar cell appeared first on RenewEconomy.

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