Feed aggregator

There are too many “tourists” in the EU carbon market, which cause allowance prices to follow “rubbish stuff”, thereby causing unnecessary volatility, a panel heard Wednesday.

Fuel-switching economics are playing less of a role in European carbon price formation than financial flows, analysts said, adding that the role of non-compliance participants isn’t affecting the fundamentals of the EU ETS.

Russia has drafted a new climate strategy that includes a 2060 net zero emissions target, according to local media reports, with the potential to bolster its position ahead of COP26 and respond to looming carbon border adjustment mechanism (CBAM) risks.

California Low Carbon Fuel Standard (LCFS) credit values trended higher over the past week after falling to 3.5-year lows, though traders said the uptick did not signal any fundamental changes in the programme.

Washington may choose to eliminate the carbon intensity reduction target during the first year of the state’s low-carbon fuel standard (LCFS), and is considering several scenarios for rearranging the abatement schedule, Department of Ecology (ECY) officials said Wednesday.

Wild sandalwood populations in Australia have been slowly collapsing for decades. New research found the Western Australian government has been warned repeatedly for a century. Richard McLellan, PhD candidate, Charles Sturt University David M Watson, Professor in Ecology, Charles Sturt University Kingsley Dixon, John Curtin Distinguished Professor, Curtin University Licensed as Creative Commons – attribution, no derivatives.

After years of trials, the vaccine has shown potential to save tens of thousands of children's lives.

We are looking for a high energy and passionate individual with a few years of quality sales experience on EU ETS or related markets. We offer the opportunity to become a corporate sales trader for the Czech market at one of the fastest growing trading companies in Europe.

We are looking for a high energy and passionate individual with a few years of quality sales experience on EU ETS or related markets. We offer the opportunity to become a corporate sales trader for the Bulgarian market at one of the fastest growing trading companies in Europe.

A flash of colour that caught my eye at the age of 10 in 1968 – that’s how far back I trace a sense of obligation to care for the biodiversity that was here first

• Australian bird of the year poll 2021

A flash of colour that takes my eye at the age of 10 in 1968 and learning that it is an Adelaide rosella.

Reaching the edge of a vast swamp north of Birdsville in 1982 thinking, “This is perfect habitat for grey grasswrens. They must be here.” And they are! Right at the edge of the road – just the third population ever discovered until then of an inland Australian bird only described to science in 1969.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...

Washington has adopted ground-breaking legislation to address climate change by sharply reducing Greenhouse Gas (GHG) emissions and achieve carbon neutrality.  Do you care passionately about climate change?  Are you seeking a challenging and rewarding job in which you will be directly addressing the climate crisis?  Then join us as we implement this historic legislation.

The UK's fortnightly carbon allowance auction failed to sell out on Wednesday, with just 80% of the UKAs on offer finding buyers, as bid prices fell far below the prevailing market price.

EU carbon plummeted by as much as 7.5% on Wednesday numerous bearish pressures including reports of a big emitter unwinding hedges and selling relating to margin calls – all as gas prices spiked further and EU lawmakers discussed Europe’s energy crisis and possibly curbs to ETS speculation.

Current sky-high energy prices must not divert EU lawmakers from reforms to meet the bloc’s climate goals, the MEP tasked with steering carbon market legislation through the European Parliament said Wednesday.

A Briton and a German have been awarded the chemistry Nobel for their work to build new molecules.

A Japanese government energy agency will commence work to develop a standard for the measuring of emissions from the LNG sector, it was announced this week.

Some old favourites have fallen by the wayside, but it’s all to play for on Thursday as supporters of eliminated birds decide which finalist to back

Vote now for your chosen bird

The cassowary is long gone. So too the sulphur-crested cockatoo, the swift parrot, the shy albatross and the spotted pardalote.

No, there hasn’t been (another) mass extinction (yet) but the new voting format in the 2021 Guardian Australia/Birdlife Australia bird of the year poll means the competition has morphed into a brutal kind of ornithological Game of Thrones.

Continue reading...

Catastrophes like fires and floods could set the economy back more than $1.2tn by 2060, even if action is taken

• Get our free news app; get our morning email briefing

Climate change-related disasters will cost Australia $73bn a year by 2060, even if action to curb emissions is taken now, a report has found.

And if nothing is done to tackle climate change, that figure will grow to $94bn a year by that date, a study by Deloitte Access Economics says.

Continue reading...

South Korea is likely to bump up its 2030 emissions target again, according to domestic media reports, just weeks after the previous increase, with most of the additional commitment likely to be met through purchasing credits from abroad.

Photon selects Longi technology to generate maximum solar energy yields and achieve the financial goals set out in merchant operator business model.

The post Photon taps Longi Hi MO 4 bifacial solar panels for NSW merchant projects appeared first on RenewEconomy.