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CN Markets: CEA price declines amid shrinking liquidity despite market expansion plans

Carbon Pulse - Fri, 2024-09-13 21:19
Recent policy updates on sectoral expansion failed to boost trading activity in China's emissions market over the past week, which saw permit prices fall below 90 yuan ($12.69) again with shrinking liquidity. 
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CAD Trust partners with QAI to advance carbon market data initiatives

Carbon Pulse - Fri, 2024-09-13 21:15
The Climate Action Data Trust (CAD Trust) and Quantedge Advancement Initiative (WAI) announced a two-year funding partnership Friday to catalyse climate change action and improve carbon market data, the former said.
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Maine officials trying to hide scale of ex-navy base PFAS spill, advocates suspect

The Guardian - Fri, 2024-09-13 21:00

Government’s communication called ‘unconscionable’ after one of largest spills of toxic ‘forever chemicals’

A former US navy base in Maine has caused among the largest accidental spills of toxic PFAS “forever chemicals” ever recorded in the nation, and public health advocates suspect state officials are attempting to cover up its scale by reporting misleading and incomplete data.

Meanwhile, state and regional officials were slow to alert the public and are resisting calls to immediately test some private drinking water wells in the area despite its notoriously complex hydrology, which could potentially spread the contamination widely.

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High court blocks Cumbria plan for first new UK coalmine in 30 years

The Guardian - Fri, 2024-09-13 19:36

Court rules against West Cumbria Mining’s fossil fuel development in Whitehaven

The UK’s first new coalmine in 30 years will not be allowed to go ahead after a ruling in the high court.

On Friday morning, Justice Holgate ruled plans for the facility to be built in Whitehaven, Cumbria will not proceed, in what campaigners called a “victory for the environment”.

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Pedalling perils: five dangers every UK cyclist needs to watch out for

The Guardian - Fri, 2024-09-13 19:36

The hazards of urban roads are familiar to many: from drivers itching to get in front, to corner cutters and e-bike dabblers

More or less anyone who has ridden a bike, particularly in a town or city, has a mental list of the types of road users or situations you really need to look out for. The more you cycle, the longer and more entrenched this list becomes, to the extent that you can almost sense a familiar peril lurking a good minute or two’s pedalling distance away.

Below are some examples from my list, the product of years cycling around several cities; London more than most. I’d say at least four are nonetheless fairly universal, at least to urban areas lacking proper cycling infrastructure. But there are others – do tell us yours below.

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China’s Sichuan seeks forest carbon offset methodologies under local scheme

Carbon Pulse - Fri, 2024-09-13 18:57
The government of China's Sichuan province is seeking methodological proposals on the development of forest carbon sinks under the local offset scheme.
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AU Market: Over 1 mln units traded in a single day pushes ACCU prices to 16-month high

Carbon Pulse - Fri, 2024-09-13 18:53
The generic spot price for Australian Carbon Credit Units (ACCUs) reached a 16-month high Thursday off the back of over 1 million credits changing hands throughout the day.
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Wild at Art 2024 winners: Australia’s threatened species through the eyes of children – in pictures

The Guardian - Fri, 2024-09-13 17:00

Nearly 5,000 primary school students took part in the Australian Conservation Foundation’s Wild at Art competition, which invites children to create an artwork depicting one of the country’s threatened native animals or plants

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Week in wildlife in pictures: a rebellious kingfisher, golfing bobcats and a sex-mad marsupial

The Guardian - Fri, 2024-09-13 17:00

The best of this week’s wildlife photographs from around the world

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German biogas company raises funding to scale up carbon-negative plug-and-play plants

Carbon Pulse - Fri, 2024-09-13 17:00
A German biogas energy startup has raised $62 million in Series A funding following an oversubscribed round, enabling it to begin producing power plants and meet pre-orders from farmers and industrials, it announced on Friday.
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Get set for more extreme weather across Australia this spring and summer

The Conversation - Fri, 2024-09-13 16:44
Australia is facing climate hazards on all fronts this spring and summer. Climate scientist Andrew King walks us through the Bureau of Meteorology’s new national outlook. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Japanese trading house to join world’s largest low-carbon ammonia project

Carbon Pulse - Fri, 2024-09-13 16:31
A major Japanese trading house has secured a preliminary agreement to buy a stake in a large low-carbon ammonia project in the US, it announced Friday.
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California LCFS takes the spotlight during contentious environmental justice meeting

Carbon Pulse - Fri, 2024-09-13 16:10
Discussions surrounding California’s cap-and-trade programme took a backseat as a joint meeting Thursday between regulator ARB and the Environmental Justice Advisory Committee (EJAC) focused largely on shortfalls in proposed changes to the state’s Low Carbon Fuel Standard (LCFS).
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Enemy at the gate? The West Australian turns its guns on Labor to back the mining giants | Weekly Beast

The Guardian - Fri, 2024-09-13 16:00

The newspaper owned by billionaire Kerry Stokes has not been shy about attacking environmental reforms – but are readers getting the full picture?

Kerry Stokes’ West Australian has not been shy about its support of mining and resources industries.

Last year an opinion piece by the Woodside chief executive, Meg O’Neill, spruiking the fossil fuel company’s interests was stretched into a front-page splash, a separate news story and an editorial without the tabloid troubling itself to include an alternative view on what she had to say.

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More than 80% of EU marine protected areas are ineffective, study shows

The Guardian - Fri, 2024-09-13 16:00

Activities such as mining, dredging and bottom trawling in most MPAs mean conservation targets will be missed, say researchers

Most of Europe’s marine protected areas, set up to safeguard species and habitats, will not meet conservation targets as they provide only “marginal” protection against industrial activities such as dredging, mining and bottom trawling, a study has revealed.

Low levels of protection in 86% of marine protected areas (MPAs) have left the EU far from reaching its 2030 biodiversity targets, which are designed to reduce the risk of species’ extinction, researchers said in a paper published in the One Earth journal. The EU aims to protect 30% of its seas by 2030, with 10% “strictly” protected from damaging activities.

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Labor’s new ‘renewable hydrogen’ targets aim for Australia to produce 15m tonnes by 2050

The Guardian - Fri, 2024-09-13 15:57

In announcing the strategy, climate minister Chris Bowen also took a swipe at the ‘climate inactivism’ of critics of the nascent industry

The Albanese government has set annual targets of at least 15m tonnes of “renewable hydrogen” by 2050 and dismissed critics who had “gloated” about setbacks to the nascent industry.

The energy minister, Chris Bowen, said on Friday that Australia’s green hydrogen pipeline of projects was “alive and healthy” as he released the government’s new hydrogen production strategy, which updates the 2019 plan he inherited from the Coalition.

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Soaring summer temperatures push California power sector emissions higher YoY in June, July

Carbon Pulse - Fri, 2024-09-13 15:07
California’s power sector emissions rose above 2023 levels in June and July with a rise in natural gas power generation and a concurrent decline in the share of renewables as the state sweltered under record temperatures. 
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High Court decision expected on UK coal mine plan

BBC - Fri, 2024-09-13 14:53
Legal challenges against the project were submitted by environmental campaigners.
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