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BRIEFING: NZ market participants welcome slash in auction volumes, but fundamental questions remain

Carbon Pulse - Tue, 2024-08-20 18:10
The coalition government’s decision to follow the Climate Change Commission’s advice on emissions trading scheme price settings and auction volumes has been broadly welcomed, participants told a conference Tuesday, but key issues relating to the scheme have yet to be resolved.
Categories: Around The Web

Malaysia weighs carbon tax on big-emitting industries

Carbon Pulse - Tue, 2024-08-20 15:53
The Malaysian government is looking into implementing a carbon tax, particularly on big-emitting industries, and plans to attract green investments into the country, an official told a media conference Tuesday.
Categories: Around The Web

Rare moth found in Cambridgeshire orchard threatened by busway plan

The Guardian - Tue, 2024-08-20 15:00

Appearance of dark crimson underwing causes excitement on land that would be bisected by road scheme

Beneath oak canopies, in an orchard full of hundred-year-old apple trees, excited exclamations rose from a group of moth enthusiasts last week.

The Cambridgeshire Moth Group had just trapped a dark crimson underwing, a species so rare that none of them had ever seen it before. Indeed, the colourful invertebrate is only usually ever found in the New Forest and is considered nationally scarce.

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Categories: Around The Web

Humans can work with nature to solve big environmental problems – but there’s no quick fix

The Conversation - Tue, 2024-08-20 14:34
Nature can provide solutions to problems such as biodiversity loss and climate change. But the best nature-based solutions are resilient to disturbance such as fire or drought and future change. Rachel Standish, Associate Professor, School of Environmental and Conservation Sciences, Murdoch University Tina Parkhurst, Research Fellow, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

South Korea national oil company to set up CCS business

Carbon Pulse - Tue, 2024-08-20 14:13
South Korea's national oil and gas company has decided to set up a carbon capture and storage (CCS) business, with plans to promote projects both at home and abroad, local media reported.
Categories: Around The Web

RGGI Market: Few sellers, weather keep RGGI prices bid

Carbon Pulse - Tue, 2024-08-20 12:50
Lack of liquidity and near-term weather were some of the main drivers of RGGI Allowances (RGA) in the secondary market this week that traders deliberated as prices held north of $27.
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The Coalition has turned its renewable energy denial into a nuclear roadmap to nowhere. It’s exhausting | Adam Morton

The Guardian - Tue, 2024-08-20 12:09

The opposition has still produced nothing to back up its widely disputed claim that Australia could have an operational nuclear industry before the 2040s

Journalists are obsessed with the new. We cast around every day to tell audiences something they don’t know. That’s the job.

Sometimes, when we get it right, we reveal information that’s substantial and deserves exposure and scrutiny. Sometimes we aim for a different type of revelation – one that comes from picking apart and giving context to claims that are demonstrably not true, but have been repeated so often they have become a regurgitated part of public debate. This fact-checking role can feel repetitive and, frankly, exhausting. But it’s also part of the job.

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Categories: Around The Web

US party platforms outline potential Harris, Trump presidencies’ environment, energy plans

Carbon Pulse - Tue, 2024-08-20 11:24
With the release of the official Democratic platform on Sunday, both major US political parties have now made public they priorities regarding climate, energy, and the environment if they emerge victorious in the November presidential election, although both documents largely aligned with established party policy preferences.
Categories: Around The Web

Drone swarms could stop wildfires, researchers say

BBC - Tue, 2024-08-20 11:02
UK researchers hope swarms of up to 30 aircraft using AI could put out flames before they spread.
Categories: Around The Web

Bolivian ombudsman’s office joins fray after high court legalises carbon trading

Carbon Pulse - Tue, 2024-08-20 10:48
The Bolivian human rights agency has issued a statement in support of the vice presidency’s contest to a court decision that effectively legalised carbon trading in the country after a years-long prohibition.
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SpaceX partners with non-profit in launch of methane-detecting satellite

Carbon Pulse - Tue, 2024-08-20 10:39
US spacecraft company SpaceX launched a methane-detecting satellite on Friday that aims to track methane “super emitters” in partnership with a greenhouse gas-monitoring non-profit.
Categories: Around The Web

US DOE announces $127 mln to test industrial carbon capture, conversion

Carbon Pulse - Tue, 2024-08-20 10:36
The US Department of Energy (DOE) announced Monday up to $127.5 million in federal funding to support the development of CO2 capture, removal, and conversion test centres for cement manufacturing facilities and power plants.
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US Policy Roundup: California carbon bills struggle to cross the finish line

Carbon Pulse - Tue, 2024-08-20 10:32
Numerous bills, including those that address CO2 removals (CDR) and the voluntary carbon market (VCM), have stalled in California’s legislature and do not appear likely to become law before the legislative session ends in August.
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