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IE WEEK: Ukraine war prompts Russia to look more seriously at renewables -expert

Carbon Pulse - Wed, 2024-02-28 02:41
The geopolitical fallout of Russia’s war in Ukraine is forcing Moscow and Central Asian countries to look more seriously at renewable energy than ever before, a long-time advisor in the region said on Tuesday.
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Conduct biodiversity impact assessments to unlock renewable investments, EBRD says

Carbon Pulse - Wed, 2024-02-28 02:24
Governments and companies have been urged to conduct nature risk assessments when identifying sites for renewable energy plants, to minimise biodiversity impacts while enhancing investments, by the European Bank for Reconstruction and Development (EBRD).
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INTERVIEW: Interconnected supply chains drive need for climate risk insurance

Carbon Pulse - Wed, 2024-02-28 02:13
Climate risk is affecting a growing number of actors across the economy as supply chains become more interconnected around the world, according to a climate insurance company offering specialised products for the carbon, energy, and agricultural industries.
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EU cracks down on CEO environmental crime with landmark directive

Carbon Pulse - Wed, 2024-02-28 01:49
The European Parliament has become the first international body to criminalise large-scale ecosystem destruction, introducing sentences of up to 10 years for CEOs, following a vote on Tuesday.
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International Energy Week: Oil and gas isn’t going away anytime soon -industry execs

Carbon Pulse - Wed, 2024-02-28 01:45
The clean energy industry may need to speed up, but the economy isn't yet ready to quit oil and gas, and won't be for decades to come, oil and gas executives said on Tuesday.
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London is city most exposed to air pollution from aviation, global study finds

The Guardian - Wed, 2024-02-28 01:43

Six airports put UK capital ahead of Tokyo and Dubai, with Heathrow second-worst global airport for climate impact

The planes taking off and landing at London’s six airports expose the city’s inhabitants to the equivalent of 3.23m cars’ worth of harmful nitrogen oxides and particulate matter emissions every year. In Tokyo and Dubai, residents are exposed to 2.78m cars’ worth of emissions from air traffic.

These three cities are the world’s worst affected by air pollution from aviation, according to new research tracking the air pollution and greenhouse gas emissions of cargo and passenger flights from airports around the world.

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Oxfordshire housing development ‘should be blocked due to failing sewage system’

The Guardian - Wed, 2024-02-28 01:32

Environment Agency objects to plans for 1,450 new homes, saying Thames Water’s Oxford plant cannot cope with more demand

A major housing development should be blocked because underinvestment by Thames Water in the sewage system means it is unable to cope with the pressure of an increased population, the Environment Agency has warned.

Thames Water’s treatment plant in Oxford has been illegally discharging sewage for six years, causing significant risk to the rivers and environment from pollution, the EA has said.

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EU heat pump sales fall 5% in 2023, threatening bloc’s climate targets

Carbon Pulse - Wed, 2024-02-28 00:48
Heat pump sales across the EU fell by around 5% last year compared to the previous year, data from an industry group show, putting the EU’s climate and energy targets at risk.
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Brazil launches programme worth billions to de-risk foreign investments in sustainable projects

Carbon Pulse - Wed, 2024-02-28 00:47
The government of Brazil has launched a programme to encourage foreign investment in sustainable projects by offering protections against exchange rate volatility, according to a government statement released Monday.
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New hydrogen-producing plant will demonstrate how to cut CO2 removal costs

Carbon Pulse - Wed, 2024-02-28 00:38
A project developer has unveiled plans for a demonstration ocean-based hydrogen plant in Singapore that will show how durable carbon dioxide removal (CDR) costs can fall below $100 per tonne before 2030, the company announced Tuesday.
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Microsoft inks deal for voluntary biochar carbon credits from Kenyan supplier

Carbon Pulse - Tue, 2024-02-27 23:29
Microsoft has signed an offtake agreement for 10,000 tonnes of voluntary carbon removals with a Kenyan-based biochar supplier, one of the largest single purchases of the credit type in the region.
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Environmentally friendly heat pumps hit slump in Europe, says lobby group

The Guardian - Tue, 2024-02-27 23:24

Sales fell 5% over 14 countries for which data exists, according to the European Heat Pump Association

Europe’s heat pump market has hit a slump, industry data shows, holding up the continent’s efforts to heat its homes without polluting the planet.

Manufacturers in most markets sold fewer heat pumps in 2023 than they did the year before, according to the lobby group European Heat Pump Association (EHPA). Total sales fell 5% over the 14 countries for which data exists, bucking a trend of accelerating growth that peaked in 2022 when Russia’s invasion of Ukraine sent gas prices soaring.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-02-27 22:13
European carbon allowances gave up most of Monday's gains in early trade on Tuesday as the previous day's positive sentiment across most energy markets faded and sellers reappeared.
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Microplastics found in every human placenta tested in study

The Guardian - Tue, 2024-02-27 21:00

Scientists express concern over health impacts, with another study finding particles in arteries

Microplastics have been found in every human placenta tested in a study, leaving the researchers worried about the potential health impacts on developing foetuses.

The scientists analysed 62 placental tissue samples and found the most common plastic detected was polyethylene, which is used to make plastic bags and bottles. A second study revealed microplastics in all 17 human arteries tested and suggested the particles may be linked to clogging of the blood vessels.

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Ships hungry for biofuel to reduce EUA buying with break-even point from next year, say analysts

Carbon Pulse - Tue, 2024-02-27 20:32
The break-even point between the cost of biofuels and EUAs for the shipping sector is likely to occur as soon as next year, as purchasing greener alternatives to petroleum products becomes cheaper than the cost of carbon permits, according to market analysts.
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We are taking a devastating risk with the green energy sector – one that might cost us our future | Brett Christophers

The Guardian - Tue, 2024-02-27 20:00

Relying on private companies to solve the climate crisis means that the planet’s fate rests in the hands of asset managers

We are living through perhaps the biggest and most important policy experiment in human history, without even being aware of it: we have been relying primarily on the private sector to put an end to the climate crisis. But this experiment increasingly looks like a mistake, and one that may cost us our planetary future.

To appreciate this, consider the global stock market. With stock prices now at all-time highs, it would be easy to assume that global business is uniformly buoyant. But look behind the headline figures and it becomes clear that while some industry sectors are flourishing, others are floundering. The cast of winners and losers throws up an irony that is significant and dreadful. One of the sectors where stock performance is worst happens to be one the world arguably needs to be best. That sector is clean, renewable energy, or what is more widely termed “green capitalism”.

Brett Christophers is a professor in the Institute for Housing and Urban Research at Sweden’s Uppsala University and author of The Price is Wrong: Why Capitalism Won’t Save the Planet

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Labour would lift block on onshore windfarms, says Ed Miliband

The Guardian - Tue, 2024-02-27 19:30

Tory government has ‘ducked’ difficult decisions, leading to higher bills, says shadow energy secretary

Labour has claimed a “culture of inertia and stasis” has blocked renewable energy projects under the Conservatives and says the party will overturn a de facto onshore wind ban “at the stroke of a pen” if it wins the general election.

The shadow energy secretary, Ed Miliband, told energy industry executives at a conference in London on Tuesday that Labour would immediately rip up a decade-long effective block on large onshore wind developments in England if elected.

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China urged to introduce green public procurement for decarbonisation in steel, cement

Carbon Pulse - Tue, 2024-02-27 19:01
The introduction of green public procurement (GPP) has great potential to significantly drive down China's emissions associated with construction materials, particularly steel and cement, according to a report published Tuesday.
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Vietnam’s upcoming carbon market to be key to clean energy investment -report

Carbon Pulse - Tue, 2024-02-27 18:30
Vietnam has many legislative and legalistic levers to pull when it comes to attracting much needed investment into clean energy, with its 2028 carbon pricing mechanism among them if well designed, a report has found.
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China ETS should introduce market-based adjustment mechanism -study

Carbon Pulse - Tue, 2024-02-27 17:17
China should introduce new policies to reverse the dynamics in its oversupplied carbon market, as the carbon price is still far from the optimal level for meeting the country's climate targets, a report has argued.
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