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Carbon credits at risk of link to Uyghur forced labour bought by BP and Spotify

The Guardian - Mon, 2023-11-13 23:06

Credits sourced from carbon project that was centred on biomass power plant in Xinjiang, investigation finds

BP and Spotify were among companies who bought carbon credits at risk of being implicated in potential Uyghur forced labour, an investigation has found.

The credits were sourced from the Bachu carbon project, which was developed by South Pole, the world’s largest carbon consultancy. The project focussed on a biomass power plant in Xinjiang, China, which said it would lower global carbon emissions by using waste cotton stalks from nearby fields to generate electricity.

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Euro Markets: Midday Update

Carbon Pulse - Mon, 2023-11-13 22:35
European carbon prices slumped on Monday morning, giving up most of the gains posted at the end of last week as mild and windy weather and weaker energy prices combined to hearten the bears.
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World Bank wants Vietnam to auction off rice carbon credits before COP

Carbon Pulse - Mon, 2023-11-13 20:23
The World Bank is working with Vietnam to progress an auction of excess carbon credits from the planned Mekong Delta Climate Change Adaptation plan and for the nation to plant 1 million hectares of low carbon rice.
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South Korea plans public-private climate fund to secure overseas carbon credits

Carbon Pulse - Mon, 2023-11-13 20:06
South Korea is planning to set up a special climate fund with government and private investments, as the country is seeking to secure more credits from overseas carbon reduction projects to realise its climate goals, local media reported Monday.
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UK to launch carbon border measure to align with EU -FT

Carbon Pulse - Mon, 2023-11-13 18:57
The UK is planning to launch its own carbon border adjustment mechanism that would mirror the full 2026 launch date of the EU’s programme, the FT reported on Monday, citing anonymous officials.
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Carbon stocks at least 70% higher in mixed forests than in monocultures -research

Carbon Pulse - Mon, 2023-11-13 18:43
Aboveground carbon stocks in mixed planted forests could be a lot higher than in monocultures, new research has found, suggesting mixed forests could be far more effective as carbon sinks.
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South Korean, Australian firms to work on offshore, transborder CCS

Carbon Pulse - Mon, 2023-11-13 18:36
South Korea’s SK E&S has signed a Memorandum of Understanding (MoU) with Australia’s Santos over carbon capture and storage collaboration, the latter said Monday.
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Queensland polystyrene spill: volunteers clean up as government response lags – video

The Guardian - Mon, 2023-11-13 18:03

Sunshine Coast locals have spent days on their hands and knees picking polystyrene balls off the beach. More than a week has passed since the balls were discovered, yet it is still unclear which government agency is responsible for leading the cleanup and investigating the cause.

Reports from volunteers indicate the balls spread over at least 5km of coastline and riverbank

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China introduces capacity payments to power stations to boost thermal plant profitability

Carbon Pulse - Mon, 2023-11-13 17:33
China has introduced a capacity payment mechanism to improve the profitability of domestic thermal plants, a move the government claimed will support the country's low-carbon transition, though concerns have emerged as to whether the new policy will incentivise generators to build more coal.
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People who build wind turbines at sea do not care if whales live or die. Monsters! | First Dog on the Moon

The Guardian - Mon, 2023-11-13 15:52

Donald Trump said it so it must be true

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Snakes alive: Sydney woman reunited with pet pythons allegedly dumped on street by ex

The Guardian - Mon, 2023-11-13 15:45

‘My two precious pythons have been safely returned to me,’ the woman wrote on social media on Monday

A Sydney woman has been reunited with her two pet pythons after they were allegedly dumped on a Coogee street by her ex-partner more than three weeks ago.

The owner took to social media in October requesting community help to find the 2.5-metre snakes named Bagel and Mango. They were allegedly discarded on a main street in Coogee by her ex-boyfriend on 21 October.

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Views split on whether a NZ biodiversity market is the best course

Carbon Pulse - Mon, 2023-11-13 15:25
Submissions to New Zealand’s biodiversity market consultation agreed that governments alone can not muster enough cash to adequately address biodiversity decline, but there are concerns that credit-based schemes are too immature to be considered.
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Woodside boosts investment in molten silicon energy storage hopeful

RenewEconomy - Mon, 2023-11-13 14:26

Oil and gas major tips more money into Adelaide energy storage minnow 1414 Degrees, increasing its bet on the company's molten silicon industrial heat solution.

The post Woodside boosts investment in molten silicon energy storage hopeful appeared first on RenewEconomy.

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Australia’s biggest coal state reaches 100 pct “potential” renewables for first time

RenewEconomy - Mon, 2023-11-13 14:25

cropped-GundarySolarLightsourcebpNSW.jpgNSW - the state with the biggest capacity of coal fired generators - reaches more than 100 per cent "potential" renewables for first time as coal output hits record low.

The post Australia’s biggest coal state reaches 100 pct “potential” renewables for first time appeared first on RenewEconomy.

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Flattening the solar duck: Why households should also face negative export tariffs

RenewEconomy - Mon, 2023-11-13 14:04

Should we panic about negative electricity prices, or – as one industry expert argues – embrace them as an indispensable part of a two-sided market?

The post Flattening the solar duck: Why households should also face negative export tariffs appeared first on RenewEconomy.

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Tailem Bend solar farm doubles in size with completion of stage two – battery to come

RenewEconomy - Mon, 2023-11-13 14:03

The second stage of what was one of South Australia's first large-scale solar farms has been completed, with the commissioning of an additional 87MW.

The post Tailem Bend solar farm doubles in size with completion of stage two – battery to come appeared first on RenewEconomy.

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Australian politicians, conservation groups call on govt to end native forest logging

Carbon Pulse - Mon, 2023-11-13 13:20
A group of Australia’s past and present politicians and environmental groups have signed on to a pledge urging the state and federal governments to halt the logging of native forests in the country.
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Murray-Darling water buybacks won't be enough if we can't get water to where it's needed

The Conversation - Mon, 2023-11-13 12:49
Buying back water from irrigators across the Murray-Darling Basin will not be enough to restore river health because we have big problems getting this ‘environmental water’ to where it’s needed most. Avril Horne, Research fellow, Department of Infrastructure Engineering, The University of Melbourne Andrew John, Research fellow, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Origin dances an offshore wind jig with Bluefloat as it confirms special dividend

RenewEconomy - Mon, 2023-11-13 12:15

offshore wind bluefloatOrigin says it is looking at partnering in an offshore wind project near Newcastle with Bluefloat as it confirms a special dividend if the bBookfield-led takeover bid is approved.

The post Origin dances an offshore wind jig with Bluefloat as it confirms special dividend appeared first on RenewEconomy.

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