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WCI compliance instrument surplus grows faster in Q2

Carbon Pulse - Tue, 2024-07-09 10:54
The WCI compliance instrument surplus continued to build in Q2 as the market marches forward towards the November deadline for true up obligations in the California-Quebec joint carbon market, government data published Friday showed.
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RGGI Market: RGA prices recede from highs, remain rangebound as volumes pick up

Carbon Pulse - Tue, 2024-07-09 10:48
RGGI Allowance (RGA) values over the past week reversed course from earlier records, but stayed well within the range set since early June, while an uptick in activity ahead of the US holiday boosted ICE volumes to the highest in a month.
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High costs and infrastructure hurdles obstruct hydrogen’s role in grid decarbonisation -report

Carbon Pulse - Tue, 2024-07-09 10:39
Technical challenges associated with hydrogen use for clean electricity generation continue to hinder its potential in helping decarbonise the power sector, according to a recent study by a US environmental non-profit.
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Ontario offers large emitters funding through Emissions Performance Program

Carbon Pulse - Tue, 2024-07-09 10:28
Canada’s province of Ontario has opened funding applications for large emitters wanting to implement emissions reduction projects under the recently launched Emissions Performance Program (EPP).
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Road to compliance markets for carbon removals must address CDM -webinar

Carbon Pulse - Tue, 2024-07-09 10:01
The lack of an existing precedent for carbon removals under the UN Clean Development Mechanism (CDM) is “a blessing and a curse”, said a member of the Paris Agreement's Article 6 Methodological Expert Panel during a webinar Monday, as market standards are yet to be developed under Article 6.
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Shipping industry group calls for universal standards on methane emissions

Carbon Pulse - Tue, 2024-07-09 09:01
The shipping industry urgently needs universal standards for measuring methane emissions in order to encourage the use of technologies to cut emissions, an industry-led technical group said on Tuesday.
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When transmission lines fell, 16 electric vehicles fed power into the grid. It showed electric vehicles can provide the backup Australia needs

The Conversation - Tue, 2024-07-09 08:44
On the day of a blackout, a trial of vehicle-to-grid technology proved both the capacity of electric vehicles to support grid stability and the importance of exactly when vehicles are charged. Bjorn Sturmberg, Senior Research Fellow, Battery Storage & Grid Integration Program, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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‘Southerly busters’ are becoming more frequent but less severe as the climate changes, stirring up east coast weather watchers

The Conversation - Tue, 2024-07-09 06:10
Contrary to popular belief, new research shows the abrupt, often gale force wind changes known as “southerly busters” are becoming more frequent, but less severe, as the climate changes. Milton Speer, Visiting Fellow, School of Mathematical and Physical Sciences, University of Technology Sydney Lance M Leslie, Professor, School of Mathematical And Physical Sciences, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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As ocean surfaces acidify, a deep-sea acidic zone is expanding: marine habitats are being squeezed

The Conversation - Tue, 2024-07-09 06:09
By the end of the century, half the world’s deep ocean could be acidic – with serious consequences for some marine animals. Mark John Costello, Professor in Marine Biology, Nord University Peter Townsend Harris, Adjunct Professor in Marine Geology, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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VCM Report: Summer starts early in the voluntary carbon market with liquidity thin, prices flat

Carbon Pulse - Tue, 2024-07-09 05:45
The usual slowdown of the summer holiday season has already arrived in the voluntary carbon market with few major shifts in price, aside from a jump in nature-based spot contracts, and generally weak trading activity this week.
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LATAM Roundup: New regional players lay carbon pricing groundwork

Carbon Pulse - Tue, 2024-07-09 03:17
Now on a weekly basis, Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending July 7, during which new players have emerged and are taking steps to scale their involvement in international markets, while mitigation schemes remain much the same in Colombia and Brazil.
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INTERVIEW: Shippers to start pushing up EU carbon price from 2025, analyst says

Carbon Pulse - Tue, 2024-07-09 02:28
The year 2025 will mark and inflection point in the way maritime companies account for their CO2 emissions, as shippers start realising the consequences of the sector’s inclusion in the EU’s Emissions Trading System (EU ETS), according to a French academic.
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INTERVIEW: Biochar producer demonstrates soil carbon increase, scales up production

Carbon Pulse - Tue, 2024-07-09 02:18
A biochar producer has demonstrated a 51% increase in soil carbon in field trials with low levels of biochar applied, and expects to open its second production facility in the next month, with sales of biochar removal credits to improve the affordability of biochar for farmers.
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Watchdog investigates Defra over authorisation of bee-killing pesticide

The Guardian - Tue, 2024-07-09 02:07

Neonicotinoid was given emergency clearance under Conservative government in 2023 and 2024

The Department for Environment, Food and Rural Affairs is being investigated by the environmental watchdog after Conservative ministers authorised a bee-killing pesticide that was banned by the EU.

The investigation into Defra was launched after the campaign group ClientEarth submitted a complaint to the Office for Environmental Protection, which was set up after Brexit to replace the EU’s framework for punishing environmental offences by governments in the bloc. On Monday, the OEP announced it would be investigating the emergency authorisation of a neonicotinoid pesticide in 2023 and 2024.

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French election puts ‘industrial green deal’ in the spotlight across EU

Carbon Pulse - Tue, 2024-07-09 02:03
Sunday's voting result in France suggests an 'industrial green deal' may be just what the EU needs to create a successful political alliance in the aftermath of snap legislative elections called by President Emmanuel Macron.
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Smelly planet 'reeks of rotten eggs'

BBC - Tue, 2024-07-09 01:16
Most of HD 189733 b's atmosphere is hydrogen sulphide, which is also emitted during farts.
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Electric vehicles could help ease Australia’s energy instability by sending power back to the grid

The Guardian - Tue, 2024-07-09 01:00

Researchers say EV models with vehicle-to-grid capability will be a huge and flexible resource able to respond to emergencies

On 13 February, when freak winds brought down a transmission line in Victoria and shut down the state’s largest power station, a fleet of electric cars plugged into a charger in Canberra 500km away stirred.

Within six seconds, 16 vehicles started discharging their batteries, sending power back into the grid. While the contribution – part of a pioneering research project – was minuscule compared with the 90,000 households who lost electricity, the experiment showed how EVs could help ease grid calamities of the future.

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