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NA Markets: CCAs see turbulent morning trading as prices crest $25 again

Carbon Pulse - Wed, 2021-09-08 04:10
California Carbon Allowance (CCA) prices surged towards all-time highs Tuesday morning before retracing towards the previous day’s settlement, as participants said financial firms could be deploying additional capital after the quarterly sale.
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Coal from planned Cumbria mine may go outside UK and EU, inquiry told

The Guardian - Wed, 2021-09-08 03:47

Opponents say document contradicts company’s claim it will principally supply industries closer to home

The coal extracted from the planned Cumbrian mine may go further overseas, rather than be used in Britain and the EU as the company has claimed, the public inquiry into the scheme heard on its opening day.

West Cumbria Mining’s (WCM) proposals to extract 2.7m tonnes of metallurgical coal a year from a site off the Cumbrian coast at St Bees are being examined by the Planning Inspectorate.

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Coal companies allowed to delay environmental offsets on NSW mines for up to 10 years

The Guardian - Wed, 2021-09-08 03:30

Exclusive: At least nine mines have received special permission from regulators allowing them to avoid penalties

Promised environmental offsets for new and expanded coalmines in New South Wales have been delayed for years because governments have allowed companies to push back deadlines for protecting sites for conservation.

At least nine coalmines in NSW, including several in the Hunter Valley, received special permission from federal and state regulators on multiple occasions that allowed them to avoid penalties for not securing permanent protection of habitat.

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British dragonfly numbers soar as warming climate attracts new species

The Guardian - Wed, 2021-09-08 02:06

Study finds 40% of resident and regular migrant dragonflies and damselflies have increased in number since 1970

Six new species of dragonfly have colonised Britain in the last 25 years as dragonflies and damselflies boom in a warming climate.

More than 40% of resident and regular migrant dragonflies and damselflies have increased in number since 1970 with just 11% declining, according to a study of 1.4m dragonfly records.

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Avocados and vanilla among dozens of wild crop relatives facing extinction

The Guardian - Wed, 2021-09-08 02:00

Study finds agriculture and pesticide use threaten relatives of world’s most important crops, considered crucial to food security

Wild relatives of some of the world’s most important crops, including potatoes, avocados and vanilla, are threatened with extinction, according to a study.

Vanilla, an orchid native to South and Central America, is facing the highest risk of extinction, with all eight wild species found in the region listed as endangered or critically endangered on the International Union for the Conservation of Nature’s (IUCN) red list of threatened plants and animals.

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NZ Market: Unstoppable NZUs hit NZ$62 as bullish sentiment prevails

Carbon Pulse - Tue, 2021-09-07 23:46
New Zealand carbon allowances on Tuesday reached a record high for the tenth successive session, as last week’s bumper auction and patchy supply continue to fuel the market’s latest bull run.
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China starts green power trading scheme, clouds outlook for renewable-backed offsets

Carbon Pulse - Tue, 2021-09-07 22:30
China launched a pilot market for green power trading on Tuesday that some observers say might put the squeeze on offset-generating renewable projects.
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How a racist taunt prompted me to reclaim Britain's countryside | Anita Sethi

The Guardian - Tue, 2021-09-07 21:55

A man on a train told me to go back to where I’m from – and so I did. Walking alone in nature, I felt liberated from prejudice

I was sitting on a stage inside a tent recently, surrounded by the mountains and valleys of the beautiful Brecon Beacons national park, and gazing out into a sea of hundreds of faces – audience members, mostly silhouetted.

“Put your hand up if you’re a person of colour,” I said.

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Australian, Canadian investors eye offset opportunities after large land purchase

Carbon Pulse - Tue, 2021-09-07 19:47
Australia-headquartered New Forests and the Alberta Investment Management Corp. (AIMCo) will assess soil carbon opportunities after agreeing to purchase a 90,000-hectare agricultural land estate from Macquarie Asset Management.
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Climate change: Dragonflies spread north in warming world

BBC - Tue, 2021-09-07 18:36
The expansion of dragonflies across Britain and Ireland is an indicator of climate change, say experts.
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Rooftop solar delivers 62% of total generation, drives demand to record low in WA

RenewEconomy - Tue, 2021-09-07 18:36

Rooftop solar sends minimum "operational demand" to a new low in WA's main grid, some 10 per cent below the previous benchmark.

The post Rooftop solar delivers 62% of total generation, drives demand to record low in WA appeared first on RenewEconomy.

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Infrastructure investor giant pledges 40% cut in emissions by 2030

Carbon Pulse - Tue, 2021-09-07 18:21
IFM Investors, one of the world’s biggest infrastructure investor firms, has set an interim 2030 emissions reduction target of 40% for its infrastructure asset class, the company announced Tuesday.
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Climate change: Green groups call for COP26 postponement

BBC - Tue, 2021-09-07 18:13
Vaccine inequality and travel challenges risk excluding many delegates from poorer nations.
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20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France

The Guardian - Tue, 2021-09-07 18:00

Livestock companies with large emissions receive billions of dollars in funding, campaigners say

Twenty livestock companies are responsible for more greenhouse gas emissions than either Germany, Britain or France – and are receiving billions of dollars in financial backing to do so, according to a new report by environmental campaigners.

Raising livestock contributes significantly to carbon emissions, with animal agriculture accounting for 14.5% of the world’s greenhouse gas emissions. Scientific reports have found that rich countries need huge reductions in meat and dairy consumption to tackle the climate emergency.

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South Korea to give financials limited access to carbon market

Carbon Pulse - Tue, 2021-09-07 17:05
South Korea on Tuesday released an administrative notice that will give financial institutions limited access to trading CO2 allowances, perhaps as early as next month.
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Europe’s coal legacy – in pictures

The Guardian - Tue, 2021-09-07 16:00

Coal power has been the foundation for much of what Europe is today. But what has been the cost? Since 2016, half of the continent’s coal plants have closed, or are scheduled to close, as markets shift and the race to save the climate gathers speed. NGOs and grassroots organisations are working with communities to ensure the transition from coal is rapid, focused on renewables, and, most importantly, fair.

This increased attention on the people who have long lived with coal has revealed unsteadiness, illness and deep seams of injustice in communities across the continent. The photographer Dan Wilton joined the environmental law charity ClientEarth to investigate and document Europe’s journey beyond coal


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Port of Townsville signs MOU to export green hydrogen to South Korea

RenewEconomy - Tue, 2021-09-07 15:32

Plans to export Queensland-made renewable hydrogen to South Korea are being weighed in a memorandum of understanding between Ark Energy and Port of Townsville.

The post Port of Townsville signs MOU to export green hydrogen to South Korea appeared first on RenewEconomy.

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Fractured policies will stymie Australia’s clean energy transition, experts say

RenewEconomy - Tue, 2021-09-07 14:50

Investment experts say coordinated and comprehensive climate policies needed for Australia to seize full potential of energy transition.

The post Fractured policies will stymie Australia’s clean energy transition, experts say appeared first on RenewEconomy.

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Western Australia creates new fund to kickstart renewable hydrogen industry

RenewEconomy - Tue, 2021-09-07 14:43

Mark McGowan WA premier - aap - optimisedWA Labor government announces tens of millions in new funding for the state’s renewable hydrogen industry, including a $50 million fund.

The post Western Australia creates new fund to kickstart renewable hydrogen industry appeared first on RenewEconomy.

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BP sizes up former oil refinery as industrial renewable hydrogen hub

RenewEconomy - Tue, 2021-09-07 14:35

Kwinana Oil RefineryThe site of what was once Australia’s largest oil refinery in WA is being sized up as domestic renewable hydrogen hub by BP.

The post BP sizes up former oil refinery as industrial renewable hydrogen hub appeared first on RenewEconomy.

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