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RGGI compliance entities boost allowance holdings after Q2 auction

Carbon Pulse - Wed, 2023-08-23 09:41
Emitters in the power sector RGGI carbon market added to their allowance positions in the time between the June auction and end of the second quarter, while traded volumes overall declined during the spring period, according to a report published Tuesday.
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Size limits urged to stop “wind turbine arms race” as factories struggle to keep up

RenewEconomy - Wed, 2023-08-23 09:27

Energy analysts call for a cap on the size of offshore wind turbines in an effort to ease supply chain pressures at a time when demand is booming.

The post Size limits urged to stop “wind turbine arms race” as factories struggle to keep up appeared first on RenewEconomy.

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Brazil president’s ETS language incorporated into advanced Senate carbon trading bill

Carbon Pulse - Wed, 2023-08-23 09:11
Language from Brazilian president Luiz Inacio Lula da Silva's draft emissions trading system proposal was incorporated into an already-existing carbon trading bill in the Senate on Monday, with experts noting some potential tailwinds and challenges for the legislation’s passage.
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G20 poured more than $1tn on fossil fuel subsidies despite Cop26 pledges – report

The Guardian - Wed, 2023-08-23 09:01

Public money still flowing into industry despite agreement to phase out ‘inefficient’ subsidies, thinktank says

The G20 poured record levels of public money into fossil fuels last year despite having promised to reduce some of it, a report has found.

The amount of public money flowing into coal, oil and gas in 20 of the world’s biggest economies reached a record $1.4tn(£1.1tn) in 2022, according to the International Institute for Sustainable Development (IISD) thinktank, even though world leaders agreed to phase out “inefficient” fossil fuel subsidies at the Cop26 climate summit in Glasgow two years ago.

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California power sector emissions remain depressed through July

Carbon Pulse - Wed, 2023-08-23 08:43
California electricity sector CO2 output continued to hold at 10-year lows through July as the share of renewables and hydroelectricity increased and imports fell compared to 2022 levels, according to data published Tuesday.
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US gov’t announces $150 mln in funding for connecting small forest landowners to voluntary carbon market

Carbon Pulse - Wed, 2023-08-23 07:51
US President Joe Biden's administration on Tuesday announced it will allocate $150 mln in grants to organisations that assist underserved and small acreage landowners in accessing revenue from the sale of carbon credits.
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Better than net zero? Making the promised 1.2 million homes climate-friendly would transform construction in Australia

The Conversation - Wed, 2023-08-23 06:05
We can construct buildings that reduce atmospheric CO₂ by more than their lifetime emissions. They now don’t cost much more – and a project involving 1.2 million homes would drive costs down further. Jason Alexandra, Senior research fellow, Institute for Climate, Energy and Disaster Solutions, Australian National University Kate Lawrence, Climate Program Manager, Institute of Climate, Energy and Disaster Solutions, Australian National University Mark Howden, Director, ANU Institute for Climate, Energy and Disaster Solutions, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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Bolivian biochar developer targets ramp-up after gaining certification

Carbon Pulse - Wed, 2023-08-23 05:47
Bolivian biochar producer Exomad Green aims to remove 200,000 tonnes of CO2 a year from next year after gaining certification under the Puro.earth carbon crediting standard, the certifier said on Tuesday.
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Slow train coming: only a genuine shift to rail will put NZ on track to reduce emissions

The Conversation - Wed, 2023-08-23 04:55
Both major parties are promising major road projects this election. Meanwhile, the potential for passenger and freight rail to help meet the country’s climate goals seems stuck at the station. Philip Laird, Honorary Principal Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.
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Germany to fall short on “overestimated” 2030 climate targets

Carbon Pulse - Wed, 2023-08-23 03:29
Germany's plan to reduce its greenhouse gas emissions is likely to fail short of the nation's climate targets, an independent panel warned on Tuesday, in a release that could pile pressure on Berlin to ramp up its mitigation policies. 
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The Guardian view on canals: a national success story under threat | Editorial

The Guardian - Wed, 2023-08-23 03:15

A government plan to cut funding to the charity that manages inland waterways is shortsighted and out of step with the times

The restoration of much of Britain’s vast canal network has been a notable and uplifting success story. Originally saved in the 1960s from Beeching-style closures by Labour’s transport secretary, Barbara Castle, many of these formerly working and polluted waterways have become modern urban oases.

Otters, kingfishers and dragonflies can be glimpsed along the 100 miles or so of Birmingham’s canals. In Manchester, barge users and walkers can trace the origins of the Industrial Revolution along intersecting routes that crisscross the city. Across the country, canalside regeneration has transformed urban landscapes, partly enabled by the thousands of unpaid volunteers who rescued abandoned channels from dereliction and paved the way for Castle’s vision of “leisureways” to become a reality.

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Power-hungry Bitcoin miners turn to hydro for new European data centres

Carbon Pulse - Wed, 2023-08-23 02:58
Bitcoin mining companies are increasingly looking to use renewable energy to sustain their new cryptocurrency data centres in Europe as carbon and energy costs bite. A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click […]
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New global standard for biodiversity uplift certification due next year

Carbon Pulse - Wed, 2023-08-23 02:54
A UK-based environmental research organisation is developing a site-based biodiversity standard, applicable to any project size in any geography.
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Bacteria that ‘eats’ methane could slow global heating, study finds

The Guardian - Wed, 2023-08-23 02:28

Technology has the potential to make deep cuts to emissions of the potent greenhouse gas but requires major investment

A bacteria that consumes the greenhouse gas methane could slow the rate of global heating, according to a study out this week.

Methane is a potent greenhouse gas emitted from energy (natural gas and petroleum systems), industry, agriculture, land use and waste management activities.

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EU climate chief officially resigns, with former energy boss Sefcovic named as replacement

Carbon Pulse - Wed, 2023-08-23 02:05
EU climate chief Frans Timmermans officially handed in his much-anticipated resignation on Tuesday, with the European Commission temporarily handing responsibilities for the European Green Deal and climate action files to Commissioner Maros Sefcovic.
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Hogfish can use their skin to ‘see’ what colour they are, say scientists

The Guardian - Wed, 2023-08-23 01:58

Light-sensitive proteins below colour-changing cells mean fish can ‘take a photo of their own skin from the inside’

What do you call a fish with no eyes? Fsh. What about a fish that can also use its skin as “eyes”? Well, that would be a hogfish.

Hogfish often use their ability to change colours to support their camouflaging abilities. They also have light-sensing skin, or skin vision, that can help them “see” their surroundings.

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$7 trillion investor group asks G20 to reform agricultural subsidies

Carbon Pulse - Wed, 2023-08-23 00:13
Thirty-two investors managing $7.3 trillion in assets have asked the G20 group of wealthy countries to align their agricultural subsidies with climate and nature goals.
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Battery storage charges on as new wind and solar projects hit new low

RenewEconomy - Wed, 2023-08-23 00:01

Hazelwood big battery BESS engie ekuInvestment in battery storage is at record levels, surging through the billion dollar market in the last quarter. But financial commitments for new wind and solar has plunged, putting renewable targets at risk.

The post Battery storage charges on as new wind and solar projects hit new low appeared first on RenewEconomy.

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Tortoise shells can yield information on nuclear contamination, scientists find

The Guardian - Wed, 2023-08-23 00:00

Researchers focused on turtles and tortoises from sites of nuclear tests

Tortoise and turtle shells can be used to study nuclear contamination, scientists have found.

Just as tree rings can provide snapshots of the Earth’s climate, and ice cores can give us information on past temperature, researchers found that the layers of shells can be used as a time stamp of periods with nuclear fallout.

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Two ports in North Africa identified as possible carbon leakage hotspots for ships

Carbon Pulse - Tue, 2023-08-22 23:37
Two ports in Northern Africa have experienced a jump in activity in the past year in what may be a pre-emptive attempt by ship operators to avoid purchasing EU carbon allowances once the shipping sector is part of the EU ETS in 2024, a piece of additional draft legislation by the European Commission has outlined. 
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