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CWNYC24: RGGI’s proposed updates could split regional power market -experts

Carbon Pulse - Tue, 2024-10-01 13:40
The proposed updates from RGGI states could divide the regional power market into trading zones each with a different emissions cap and separate allowance types, a panel of experts discussed at Climate Week NYC last week.
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NZ government lays out its climate, ETS agenda for the rest of the year

Carbon Pulse - Tue, 2024-10-01 12:13
The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.
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EU carbon prices to face more bearish “headwinds” before turnaround by 2026 -analysts

Carbon Pulse - Tue, 2024-10-01 11:17
European carbon prices will continue to face bearish “headwinds” that will extend into next year, but will start to see a turnaround by 2026, analysts said Monday.
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RGGI Market: Third Program Review proposals hold more questions than answers

Carbon Pulse - Tue, 2024-10-01 10:43
RGGI Allowances (RGAs) in the secondary market continued to slide through the week after the release last Monday of the long-awaited Third Program Review proposed changes, with traders expecting further pressure on prices.
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Washington’s cap-and-invest participation continues to increase despite programme repeal risks

Carbon Pulse - Tue, 2024-10-01 10:06
The number of entities registered with active accounts in Washington’s cap-and-trade programme once again increased in an early look at Q3 data, despite the lack of clarification from the regulator regarding the worth of allowances if the scheme is repealed through the ballot initiative.
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US can reach 65% emissions reduction by 2035 with strong subnational support -study

Carbon Pulse - Tue, 2024-10-01 08:40
The US has a pathway to cut emissions by 65% from 2005 levels by 2035 and meet its climate goals under the Paris Agreement if there is an “all-of-society” approach, according to a new study.
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Amid Australia’s chaotic climate politics, the rooftop solar boom is an unlikely triumph | Adam Morton

The Guardian - Tue, 2024-10-01 08:39

It’s difficult to overstate how rapidly Australians have embraced solar power – there’s now more rooftop solar than coal-fired power. The key question is what policymakers can learn from its success

Australia was a different place in 2011. Julia Gillard’s Labor government, the Greens and a couple of country independents were rewriting the country’s climate policies, including introducing a world-leading carbon pricing system and creating three agencies to back it up.

Those organisations – the Clean Energy Finance Corporation, the Australian Renewable Energy Agency and the Climate Change Authority – have survived and help shape the investment and policy landscape. The carbon pricing system – falsely described as a tax – famously didn’t.

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Natural gas necessary bridge fuel in US grid decarbonisation, CCS not yet commercially viable -report

Carbon Pulse - Tue, 2024-10-01 08:05
Natural gas will remain important to bridge the gap in energy demand for "many decades" as the US grid expects greater additions of solar and wind power, but carbon capture technology is not yet commercially competitive, according to a study published Monday by a US public policy think tank.
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Firefly species may blink out as US seeks to list it as endangered for first time

The Guardian - Tue, 2024-10-01 07:14

Bethany Beach firefly, found in Delaware, Maryland and Virginia, faces dangers to habitat because of climate change

The US government is seeking to consider a firefly species as endangered for the first time, according to a proposal from the US Fish and Wildlife Service.

The Bethany Beach firefly, found in coastal Delaware, Maryland and Virginia, is facing increasing dangers to its natural habitat because of climate change-related events. They include sea level rise, which is predicted to affect all sites within the known distribution by the end of the century, and the lowering of groundwater aquifers.

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Environmental group sues Vermont for alleged failure to comply with state climate law

Carbon Pulse - Tue, 2024-10-01 06:24
The Vermont chapter of a New England-focused environmental group filed a lawsuit against the state agency, alleging failure to comply with greenhouse gas (GHG) reduction-related requirements under its climate law.
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Animals in the machine: why the law needs to protect animals from AI

The Conversation - Tue, 2024-10-01 05:51
If left unchecked, artificial intelligence will harm animals. Experts in law, ethics and animal welfare call for AI to be included in the revised Australian Animal Welfare Strategy, coming soon. Lev Bromberg, PhD Candidate and Research Fellow, The University of Melbourne Christine Parker, Professor of Law, The University of Melbourne Simon Coghlan, Senior Lecturer in Digital Ethics, Centre for AI and Digital Ethics, School of Computing and Information Systems, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Morgan Stanley IM closes climate equity fund at $750 mln

Carbon Pulse - Tue, 2024-10-01 04:19
Morgan Stanley Investment Management announced Monday that it closed its climate-targeted private equity fund at $750 million after attracting investments from firms in Europe, North America, and Japan.
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Joyful welcome by stranded astronauts for SpaceX capsule crew

BBC - Tue, 2024-10-01 04:00
A capsule sent to bring back two astronauts stranded on the International Space Station has docked.
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VCM Report: Market hopeful for COP29 boost despite weak liquidity

Carbon Pulse - Tue, 2024-10-01 02:56
Liquidity continued to drag in the voluntary carbon market in the last week of September amid the distraction of New York Climate Week, although the summit has stirred hopes of a breakthrough at COP29 in November.
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Saudi firm to launch voluntary carbon exchange at COP29 -media

Carbon Pulse - Tue, 2024-10-01 02:31
A state-backed Saudi company created to scale up the voluntary carbon market (VCM) in developing countries will launch a trading platform at COP29 and seek to integrate regional markets, local media has reported.
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DATA DIVE: Britain’s coal achievement comes against backdrop of ever-increasing global consumption

Carbon Pulse - Tue, 2024-10-01 02:21
On Sep. 30, Britain's last coal-fired power plant in operation, at Ratcliffe-on-Soar in Nottinghamshire, powered electricity to the UK grid for the final time.
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