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WCI Markets: CCA prices gain momentum on wide intraday range

Carbon Pulse - Fri, 2024-08-02 14:11
California Carbon Allowance (CCA) prices plunged to year-to-date lows before rebounding on Wednesday, with a surge in volatility that brought intraday spreads up to more than $2 in the absence of a catalyst to signal market direction.
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Save our waves: surfing pumps $2.71 billion into the Australian economy and boosts wellbeing

The Conversation - Fri, 2024-08-02 13:34
A new study quantifies the benefits of surfing, to the Australian economy as well as health and wellbeing, as Aussie surfers rule the waves in the 2024 Olympic Games. Let’s protect our surf breaks. Ana Manero, Research Fellow, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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New Zealand to see minor increase in free NZU allocation after govt revises input factor

Carbon Pulse - Fri, 2024-08-02 11:14
The New Zealand government on Friday announced a 3.2% increase for 2024 of the Electricity Allocation Factor (EAF), a key figure to determine the amount of CO2 permits that will be handed out to emissions-intensive, trade-exposed (EITEs) industries in the ETS.
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US-based startup raises $6 mln to produce sustainable aviation fuel from CO2

Carbon Pulse - Fri, 2024-08-02 10:44
A US-based startup has raised a $6 million seed round to scale its direct air capture-to-sustainable aviation fuel (DAC-to-SAF) technology, it announced Thursday.
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RGGI emissions rise over 7% in Q2, continue 2024 ascent

Carbon Pulse - Fri, 2024-08-02 10:19
Emissions under the US Northeast and Mid-Atlantic power sector cap-and-trade scheme increased more than 7% year-on-year (YoY) during Q2, programme data showed Thursday, as regional power demand continued its 2024 growth.
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Hope or hype? NZ needs to be realistic about the clean energy potential of green hydrogen

The Conversation - Fri, 2024-08-02 10:00
Hydrogen is expected to play an important role in New Zealand’s energy strategy. But the government and industry need to focus on its best uses for decarbonisation. Ian Mason, Adjunct Senior Fellow in Renewable Energy Systems Engineering, University of Canterbury Robert McLachlan, Professor in Applied Mathematics, Te Kunenga ki Pūrehuroa – Massey University Licensed as Creative Commons – attribution, no derivatives.
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Indigenous Australians want a seat at the table when it comes to conservation. Here’s how we might get there

The Conversation - Fri, 2024-08-02 09:43
Many Indigenous people want to help protect their traditional lands. That requires deciding which species and habitat matter most to them. Teagan Goolmeer, PhD Candidate, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Ride a bus, take a package with you – how crowdshipping reduces the impacts of millions of deliveries

The Conversation - Fri, 2024-08-02 06:18
The surge in online purchases is increasing parcel delivery traffic and emissions. One solution is to take advantage of the trips people are already making to get parcels to their destinations. Lynette Cheah, Professor and Chair of Sustainable Transport, University of the Sunshine Coast Licensed as Creative Commons – attribution, no derivatives.
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Kids’ sport always cancelled due to rain-soaked grounds? Green infrastructure can help

The Conversation - Fri, 2024-08-02 06:18
As mums, it’s been frustrating to see so many of our kids’ sport matches cancelled due to waterlogged grounds. Research shows how we can tackle this through smarter design and green infrastructure. Jua Cilliers, Head of School of Built Environment, Professor of Urban Planning, University of Technology Sydney Mehrafarin Takin, PhD student in the School of Built Environment, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Brazilian legislature will send hydrogen framework to Lula for approval, partial veto -media

Carbon Pulse - Fri, 2024-08-02 05:11
Brazil’s upper and lower legislative chambers have reached an agreement with the executive branch to send final hydrogen legislation to President Luiz Inacio Lula da Silva for approval and partial veto, sparking a do-over of select clauses, according to local media sources on Wednesday.
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LCFS Q1 net credit output retreats from record highs

Carbon Pulse - Fri, 2024-08-02 05:05
Net credit generation under California’s Low Carbon Fuel Standard (LCFS) trailed behind last quarter’s historic highs on lower renewable diesel (RD) and ethanol contribution to the total, according to state data published Wednesday.
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Hundreds of financial institutions commit to Scope 3 GHG accounting protocol

Carbon Pulse - Fri, 2024-08-02 02:50
An industry-led greenhouse gas (GHG) accounting protocol for financial institutions (FIs), used by public sector and civil society decarbonisation standards, has reached 500 signatories, the organisation announced on Thursday.
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BRIEFING: Italy bets on controversial nuclear energy for 2030s

Carbon Pulse - Fri, 2024-08-02 02:18
The Italian government's plan to build nuclear up to a large share of its energy mix after 2030 goes against current public opinion - in a country that has voted twice to ban the energy source, and never succeeded in building a plant - and fails to address how it will meet the EU's emissions reduction target for this decade.
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Barriers set to block widespread expansion of carbon removal, survey finds

Carbon Pulse - Fri, 2024-08-02 01:57
A survey on durable carbon removal (CDR) technologies released this week has warned that several hurdles exist that could block the necessary pace of expansion needed to meet critical climate goals.
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INTERVIEW: Sovereign funds fit early-stage green hydrogen investment needs

Carbon Pulse - Fri, 2024-08-02 01:05
A number of high-profile green hydrogen investment announcements by Saudi and Emirati sovereign funds in recent months could be a win-win, rather than a driver of interregional competition, a European green industrial transformation and geopolitics advisor told Carbon Pulse.
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Nature markets alliance targets Mexican states

Carbon Pulse - Fri, 2024-08-02 00:13
A programme that aims to halt the net loss of biodiversity by 2030 in Mexico, while developing nature markets including biodiversity credits with regional governments, has been announced in an alliance between French and Mexican companies.
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