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FEATURE: CO2-derived plastics trump bio-based plastics on GHG footprint, resource usage
CO2-derived plastics could reduce the greenhouse gas footprint of plastics under a clean energy grid scenario and reduce pressure on biomass resources, which will become increasingly in-demand as the world pivots towards a more circular economy, say plastic experts.
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High operational costs limiting Thailand’s voluntary carbon market -report
High operational costs, including that of of assessment and certification of carbon credits, has hindered the growth of Thailand’s domestic carbon market, a report released this week has found.
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Giant Canberra battery gets approval to help wean national capital off fossil gas
The post Giant Canberra battery gets approval to help wean national capital off fossil gas appeared first on RenewEconomy.
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Learnings from the Texas grid, and why it’s been able to add so much solar and battery storage
The post Learnings from the Texas grid, and why it’s been able to add so much solar and battery storage appeared first on RenewEconomy.
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Euro Markets: Midday Update
European carbon prices were slightly lower at midday on Thursday as the market consolidated the gains of the last two days in fairly active trading, while energy markets also fell on technical selling after sharp rises on Wednesday.
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Plan Vivo moves to plug risk of unintended leakage from biodiversity crediting projects
Nature and carbon standard-setter Plan Vivo Foundation is developing an initiative for measuring the unintended consequences of conservation activities involved in emerging biodiversity markets.
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Australian startup releases guidance on biodiversity metrics to enhance corporate disclosures
An Australian-based biodiversity intelligence startup has developed a model incorporating global and local metrics to assess ecosystem and species health, seeking to enhance data comparability and steer companies in nature-related disclosures.
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Indonesia expands ETS as smaller coal-fired plants to be added
Indonesia is about to increase the scope of its nascent emissions trading scheme, as the coverage threshold for participating coal-fired power plants will be lowered to 25 MW of capacity, the government announced this week.
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Carbon pricing can lower green premium in Asia steel sector, report says
An effective carbon price can potentially make a greener, hydrogen-based steelmaking process a cost-effective alternative for steelmakers in China and some other Asian countries, a group of researchers have found.
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Typhoon Gaemi makes landfall in Taiwan and brings floods to Manila – video
The storm has made landfall in Taiwan, unleashing torrential rain and strong gusts that have claimed at least three lives. Typhoon Gaemi also exacerbated rains in the Philippines, flooding the capital, Manila, and nearby cities, forcing authorities to shut schools, offices and prompting authorities to declare a state of calamity
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Biodiversity credit firms partner to scale nature markets
Two of the participants in the emerging biodiversity credit market are partnering to align their work with the aim of scaling nature markets in Africa, Europe, and the Americas, Carbon Pulse has learned.
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Sabah govt to launch mangrove action plan
The state government of Sabah in Malaysia will soon launch a Sabah Mangrove Action Plan for the conservation of its mangrove forests, its chief minister has announced.
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Xpansiv’s CBL spot exchange trades 37,606 tonnes on first day
Xpansiv launched trading of standardised Global Emissions Offset (GEO) contracts on its CBL spot exchange on Monday with 37,606 tonnes trading via the contracts, which are aligned with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP).
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Food giants come out in defence of EU’s anti-deforestation law
Chocolate makers Nestle, Mars Wrigley, and Ferrero have written to the European Commission to defend the EU’s anti-deforestation regulation amid calls to delay and revise the legislation to reduce bureaucracy for small farmers.
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Falling coal costs for power raise prospect of more EUA demand this winter –analyst
A decline in short-term coal prices in Europe may set the stage for an increase in consumption of the fuel in the coming winter, as operating costs for coal-fired power plants approach parity with those for gas-fired generation, according to an analyst.
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Developed countries should contribute trillions to support climate finance, BASIC bloc says
The BASIC group of Brazil, South Africa, India, and China have repeated demands that rich countries ramp up their climate finance contributions, urging them to commit trillions of dollars to assist developing countries in reducing their greenhouse gas emissions.
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Monday was the warmest day recorded on Earth. But how do scientists actually measure that?
Determining the global average temperature on any given day is complex. It involves thousands of observations, high-tech equipment and sophisticated computer models.
Andrew King, Senior Lecturer in Climate Science, The University of Melbourne
Licensed as Creative Commons – attribution, no derivatives.
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Solar Insiders Podcast: Controlling household PV and batteries
The post Solar Insiders Podcast: Controlling household PV and batteries appeared first on RenewEconomy.
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Petronas acquires land for CCS hub in Malaysian state of Pahang
National oil major Petronas has inked a land rental agreement with the Kuantan Port Consortium for the development of a carbon capture and storage (CCS) hub in the state of Pahang in Malaysia, the company said in a release.
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