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WCI Markets: CCAs retreat before late tick up after record auction settlement results

Carbon Pulse - Fri, 2024-02-23 10:05
California Carbon Allowance (CCA) prices jumped Thursday afternoon following the release of Q1 auction results after having lost momentum over the previous week amidst a dearth of regulatory news post the first quarter sale, while Washington Carbon Allowances (WCAs) saw modest weekly gains on even thinner volumes.
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Leading French insurers support “highly polluting” shale gas despite touting climate commitments, says non-profit

Carbon Pulse - Fri, 2024-02-23 09:35
Two French insurance firms are bringing their recent climate pledges into question by providing coverage for numerous US LNG terminals linked to the environmentally contentious production of shale gas, an independent non-profit highlighted in a report Thursday.
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When homes already hit 40°C inside, it’s better to draw on residents’ local know-how than plan for climate change from above

The Conversation - Fri, 2024-02-23 09:18
Western Sydney residents whose homes often get hotter inside than outside during heatwaves have learnt to be resourceful in adapting to the increasing heat. Abby Mellick Lopes, Associate Professor, Design Studies, Faculty of Design, Architecture and Building, University of Technology Sydney Cameron Tonkinwise, Professor, School of Design, University of Technology Sydney Stephen Healy, Associate Professor, Human Geography and Urban Studies School of Social Sciences/ Institute for Culture and Society, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
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Uruguayan timber company sells 2.2 mln carbon credits to project developer

Carbon Pulse - Fri, 2024-02-23 09:15
A Montevideo-headquartered wood products company announced Thursday the sale of 2.2 million offsets to a London-based global project developer and credit provider.
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UPDATE – WCI Q1 carbon allowance auction clears at new record

Carbon Pulse - Fri, 2024-02-23 08:28
The February California-Quebec current vintage carbon auction marked the fifth consecutive auction of record high settlement prices, once again clearing at a premium to secondary market prices, according to government data published Thursday.
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Canada needs bigger pot behind the guaranteed floor price for carbon credits price -report

Carbon Pulse - Fri, 2024-02-23 08:14
Canada’s recent C$7 billion injection into its carbon contracts for difference (CCfD) programme, which guarantees a floor price for credits, is too meagre and has failed to assure investors, warns a Canadian climate policy firm.
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Canadian trucking fleets scoop up emissions monitoring technology

Carbon Pulse - Fri, 2024-02-23 08:04
An emissions monitoring firm announced Thursday demand to outfit several Canadian trucking fleets with its technology ahead of annual federal carbon tax increases in April.
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Global carbon credit price gap to narrow in 2024, convergence continues between compliance and voluntary markets -analysts

Carbon Pulse - Fri, 2024-02-23 05:41
Carbon prices will start to converge in 2024, while the gap between compliance and voluntary credit prices will narrow because more offsets will be included into regulated programmes, according to a report released Thursday.
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US spacecraft completes Moon landing mission

BBC - Fri, 2024-02-23 05:34
The Odysseus has successfully touched down near the Moon's South Pole, after a nervy search for its signal.
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Emissions from households’ water use are on a par with aviation. The big cuts and savings they can make are being neglected

The Conversation - Fri, 2024-02-23 05:20
More efficient water use is one of the most cost-effective steps we can take to cut emissions. Steven Kenway, Research Group Leader, Water-Energy-Carbon, The University of Queensland Liam Smith, Director, BehaviourWorks, Monash Sustainable Development Institute, Monash University Paul Satur, Research Fellow for Water Sensitive Cities, Monash Sustainable Development Institute, Monash University Rob Skinner, Professorial Fellow, Monash Sustainable Development Institute, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Victoria’s power outage could have been far worse. Can we harden the grid against extreme weather?

The Conversation - Fri, 2024-02-23 05:19
Transmission towers bent like soft plastic when extreme winds whipped through Victoria last week. Fixing it means asking hard questions. Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University Licensed as Creative Commons – attribution, no derivatives.
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EU risks failing to meet net zero target without greater investment in new tech –report

Carbon Pulse - Fri, 2024-02-23 04:54
Europe risks failing to meet its 2050 net zero target until the 2060s unless the bloc invests more in emerging technologies such as hydrogen and carbon capture, according to a new report.
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UK government can never accept idea nature has rights, delegate tells UN

The Guardian - Fri, 2024-02-23 04:44

Dismissal of concept already recognised in UN declarations described as shameful, contradictory and undemocratic

The UK government can never accept that nature or Mother Earth has rights, a British government official from the environment department has told the UN.

The dismissal of a concept that has already been recognised in UN declarations and is a fundamental belief of many Indigenous communities was described by critics as shameful, contradictory and undemocratic.

Continue reading...
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Climate change is fanning the flames of NZ’s wildfire future. Port Hills is only the beginning

The Conversation - Fri, 2024-02-23 04:11
The recent Port Hills fires highlight the increasing wildfire risks caused by climate change. Reducing the threat is going to take a shift in strategy, investment and community engagement. Nathanael Melia, Adjunct Senior Research Fellow – Climate Science, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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EU Commission’s chief opens up dialogue with clean industry

Carbon Pulse - Fri, 2024-02-23 02:31
European Commission President Ursula von der Leyen is committed to discussing the bloc's climate objectives with its clean technology companies, she said on Thursday, as the bloc's industry struggles with high energy costs and rising inflation. 
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Frozen antimatter may reveal origins of Universe

BBC - Fri, 2024-02-23 02:01
Positronium has the potential to revolutionise physics but the elusive substance had been too hot to handle.
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