Feed aggregator

RGGI Allowances (RGA) tested $21 levels over the last week in thin activity as traders await outcome of elections for new legislatures to make progress on proposed programme changes.

AEMO details protocols that may see big batteries instructed to discharge and stand by on empty as an alternative to switching off rooftop solar systems.

The post AEMO warns big batteries to expect breakfast call to protect the grid from rooftop solar juggernaut appeared first on RenewEconomy.

Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.

A group of Brazil-based nature-based solutions carbon credit project developers said in a technical note last week that the development of jurisdictional REDD+ approaches (J-REDD+) in the country must better address the risk of planned deforestation.

Former NSW Liberal energy minister Matt Kean debated his former Coalition colleagues about the cost of nuclear power in a parliamentary estimates hearing on Monday. Now chair of the Climate Change Authority, Kean debated Nationals senator Ross Cadell over CSIRO analysis which found nuclear was the most expensive form of large-scale energy available

• ‘No bigger rent-seeking parasite’ than nuclear industry, Matt Kean tells former Coalition colleagues in heated debate

Continue reading...

Alberta’s environmental ministry has released a draft of its proposed changes to a protocol for offset generation from CO2 capture and sequestration projects for a 30-day public comment period.

Independent MPs are pushing for no further delay on Labor's 2035 climate target, saying voters deserve more than silence from the major parties vying for power.

The post “Silence not an option:” Teals push major parties to come clean on 2035 climate targets appeared first on RenewEconomy.

Europe's largest banks have climate plans that are low in ambition and "incoherent", a report published by a British NGO on Tuesday has found.

BASF and Exterra Carbon Solutions have signed a memorandum of understanding (MoU) to explore the deployment of a commercial-scale carbon capture and storage (CCS) project in Quebec.

The week ending Nov. 3 saw hugely varied news for carbon markets in Latin America and Caribbean, alternately accelerating and decelerating market development in core and emerging markets like Brazil, Argentina, and Panama.

The EU is open for global trade, but it also needs to remain vigilant of protecting its own interests against cheaper and less sustainable rivals, the European commissioner-designate for trade and economic security, interinstitutional relations, and transparency said during the first day of European Parliament hearings on Monday.

The US presidential elections on Nov. 5 will open a new chapter for climate diplomacy in the European Union, whoever the winner is, with fresh challenges ahead, experts told Carbon Pulse.

Gas-fired power plants can keep energy reliable and affordable. But they should be used only when absolutely necessary. Roger Dargaville, Director Monash Energy Institute, Monash University Licensed as Creative Commons – attribution, no derivatives.

Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.

In the US Heartland CO2 pipeline controversy has brought glimmers of environmental policy to the region otherwise dominated by Republican trifectas, none of which are expected to shift at the upcoming November elections.

US Northeast and Mid-Atlantic RGGI member states that are Democrat strongholds are mostly expected to retain their trifecta status at the upcoming elections, presumably allowing for continued design and passage of carbon market programmes in 2025.

Union says Defra figures show far more farmers will be hit by budget proposal and warns of ‘militant protest’ to come

The government argument that just one-third of farmers will be affected by the new inheritance tax rules is in direct conflict with data produced by the its own environment department, according to the head of the farmer’s union, as the row over inheritance tax for farmers continued.

The announcement in Rachel Reeves’s budget last week of plans to remove the Agricultural Property Relief inheritance tax exemption from farms worth more than £1m has been met with a storm of fury from across the farming industry and suggestions of “militant protest”.

Continue reading...

Southern US Republican lawmakers are expected to retain a grip on state legislatures in the region after the November elections, while continuing to avail of clean technology investments spurred by the Inflation Reduction Act (IRA), and promoting carbon capture and storage (CCS) in the region.

UK power company Drax is disputing research suggesting that its bioenergy with carbon capture and storage (BECCS) system, using wood pellets sourced from Drax’s southern US mills, would lead to a rise in CO2 levels until around 2053, compared to a scenario without the technology.