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Half the world past peak fossil power generation, research finds

Carbon Pulse - Fri, 2023-10-20 09:01
Half of the world's economies are already well into a period of fossil power decline due to strong renewable growth and efficiency gains, even as demand has increased in many cases, according to analysis from a think-tank published Friday.
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Keeping Eraring open longer of little value to Origin, says independent expert

RenewEconomy - Fri, 2023-10-20 08:26

Independent expert looking at Origin Energy takeover says there is likely little value for the utility in keeping Eraring open beyond 2025, and any extension would be limited.

The post Keeping Eraring open longer of little value to Origin, says independent expert appeared first on RenewEconomy.

Categories: Around The Web

Genex lands 10-year supply contract for huge Kidston wind project

RenewEconomy - Fri, 2023-10-20 08:11

Genex lands off take agreement for proposed Kidston wind project that will form part of the clean energy hub incorporating wind, solar and pumped hydro storage.

The post Genex lands 10-year supply contract for huge Kidston wind project appeared first on RenewEconomy.

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High social cost of carbon could halve US emissions, mitigate Gulf of Mexico’s “dead zone” -researchers

Carbon Pulse - Fri, 2023-10-20 07:50
Applying a social cost of carbon (SCC) to fossil fuels in the US could drastically reduce CO2 emissions while simultaneously improving water quality in the Gulf of Mexico's "dead zone", new research has found.
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The climate impact of plastic pollution is negligible – the production of new plastics is the real problem

The Conversation - Fri, 2023-10-20 07:12
Stringent measures are needed to prevent plastic pollution. But concerns about carbon leaching from plastic waste would be better aimed at emissions from producing more plastic in the first place. Karin Kvale, Senior Scientist, Carbon Cycle Modeller, GNS Science Andrew Weaver, Professor, School of Earth and Ocean Sciences, University of Victoria Natalia Gurgacz, Graduate Student, University of Victoria Licensed as Creative Commons – attribution, no derivatives.
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California gasoline sales pick up in July, diesel continues to lag 2022 levels

Carbon Pulse - Fri, 2023-10-20 06:55
California gasoline sales and emissions in July exceeded year-ago levels, while monthly diesel consumption and related GHG output continued the trend of lagging historic levels through most of 2023, according to state data published Wednesday.
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WCI Markets: CCA prices stagnate as options volume accelerates, WCAs tick up

Carbon Pulse - Fri, 2023-10-20 06:54
California Carbon Allowance (CCA) futures prices flatlined this week on lower volume, despite heightened activity in the options market, while Washington Carbon Allowance (WCA) values inched back towards the programme’s Tier 1 reserve price trigger.
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US CO2 pipeline delay won’t risk carbon removal venture’s 2025 goal, official says

Carbon Pulse - Fri, 2023-10-20 05:31
A major US carbon storage pipeline is facing a multi-year delay after several Great Plains states denied permits to the project, but the forward purchasing goal of a CO2 removal buyers’ club won't get threatened by the delay, a senior official told Carbon Pulse.
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INTERVIEW: “First ever” patent for carbon credit generation process, Canadian tech company says

Carbon Pulse - Fri, 2023-10-20 05:26
A Vancouver-based climate-tech company is claiming a world-first in patenting its process of generating carbon credits, which are facilitated by users who make lower-carbon transportation choices as tracked by the firm’s technology.
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The dams are full for now – but Sydney will need new water supplies as rainfall becomes less reliable

The Conversation - Fri, 2023-10-20 05:03
To build drought resilence, Sydney must invest in rainfall-independent water supplies. Stuart Khan, Professor of Civil & Environmental Engineering, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
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Co-legislators kick-off talks to finalise EU electricity market reform, aim for deal in two months

Carbon Pulse - Fri, 2023-10-20 04:27
Co-legislators for the European Parliament and Council of member states met on Thursday for the first time to kick-off talks to finalise a bill to reform the EU power market, aiming to an end-of-year delivery of the law to shield citizens from higher energy prices.
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Oil and gas producer network accelerates investments in decarbonisation in 2022

Carbon Pulse - Fri, 2023-10-20 04:22
A coalition of 12 fossil fuel producers have boosted their low carbon investments, emissions reductions, and carbon capture utilisation and sequestration (CCUS) development in 2022, according to an annual progress report released Wednesday.
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Canadian non-profit allocates C$3 mln to support carbon management tech from British Columbia

Carbon Pulse - Fri, 2023-10-20 04:04
A Vancouver-based organisation announced Thursday that it will provide C$2.8 million ($2.05 mln) in non-dilutive funding to help develop commercial pathways for measurement, monitoring, and verification (MMV) of carbon management solutions originating from British Columbia.
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The Guardian view on protecting trees: planting is a gift to the future, but not enough | Editorial

The Guardian - Fri, 2023-10-20 04:00

From the Sycamore Gap to Wrexham’s sweet chestnut, Britain is increasingly vocal about its love of our historic trees

Henry VIII was still on the throne when the shoots of a sweet chestnut first broke through the soil of Wrexham in what is now Acton Park. Copernicus was about to publish his theory that the Earth revolved around the sun. The Ming dynasty ruled China. More than 480 years on, the tree stands 24 metres tall and on Wednesday was crowned as tree of the year in the annual Woodland Trust competition. Generations have scavenged its chestnuts, taken the sticks that have fallen for firewood and sheltered beneath its splendid branches. It is not merely part of the landscape; it is part of community life.

This year’s contest highlighted urban trees, particularly vulnerable to felling and disease. There is now a host of evidence on the benefits that trees bring, not only in forests but in cities too. They range from boosting mental health, and even immunity, to reducing noise and air pollution, helping to cool the air, and reducing runoff in heavy rains – increasingly important as global temperatures rise. Beyond those lies the sheer pleasure that people take in them. The instinctive bond people feel was highlighted by the outrage and grief that greeted the overnight felling of the Sycamore Gap tree at Hadrian’s Wall last month by unknown vandals. Though practically a sapling compared with Wrexham’s tree – it was planted a mere 130 years ago – it had attracted marriage proposals and scatterings of ashes, as well as starring in countless photographs. Though the stump is expected to regrow, few of us will see anything approaching its former might in our lifetimes.

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Categories: Around The Web

Brazil Senate committee to hear REDD+ project land theft allegations in Para state

Carbon Pulse - Fri, 2023-10-20 03:57
The Brazilian Senate Environment committee on Wednesday approved a lawmaker’s request to investigate allegations that linked avoided deforestation carbon credit project developers in Para state with the theft of public lands.
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Infrastructure development key to ensuring demand for renewable hydrogen in the EU -industry

Carbon Pulse - Fri, 2023-10-20 03:45
Laying out hydrogen infrastructure and grid connections across the EU will be a gamechanger for the renewable hydrogen sector, industry players said during an online talk on Thursday, a day after a key cross-border EU hydrogen infrastructure plan gained a new major partner.
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Vast majority of world’s coal companies have failed to set exit dates -report

Carbon Pulse - Fri, 2023-10-20 03:19
Around 95% of the world's thermal coal value chain lacks a phaseout commitment and only half of those with exit dates have timelines aligned with the Paris Agreement, according to an NGO-compiled report published on Thursday.
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Biodiversity Pulse: Thursday October 19, 2023

Carbon Pulse - Fri, 2023-10-20 03:02
A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
Categories: Around The Web

ECOSYSTEM MARKETPLACE – Shades of REDD+: Reforming the International Financial Systems to Value High-Integrity Forests

Carbon Pulse - Fri, 2023-10-20 02:59
Next week, the Republic of the Congo will host the Three Basins Summit of tropical forest basins, which account for 80% of the world’s tropical forests, house two-thirds of terrestrial biodiversity, and play an essential role in regulating the global carbon balance. Rarely has there been an event where forests play a more central role than the forthcoming meeting in Brazzaville. The Summit provides a unique opportunity to make the case for a reform of the rules of global public finance to value tropical forests as global climate and biodiversity assets, writes Charlotte Streck in a piece for Ecosystem Marketplace.
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Carbon removal purchases jump tenfold in 2023, nature-based projects strong in the pipeline, says ratings agency

Carbon Pulse - Fri, 2023-10-20 02:28
Transactions of durable carbon removals have increased by more than 10 times over the past year, according to an annual report from a carbon credit ratings agency, supporting recent data from analysts that there is likely to be a strong future supply of nature-based credits from projects currently in the pipeline.
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