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Australia Market Roundup: Govt commits A$69 mln to renewable hydrogen hub, ACCU issuance drops

Carbon Pulse - Thu, 2023-10-26 15:48
The Australian government will invest A$69.2 million ($43.3 mln) to develop a renewable hydrogen hub in Queensland, it announced Thursday, as the latest weekly issuance of Australian Carbon Credit Units (ACCUs) fell to just 40,000 units.
Categories: Around The Web

Fiji signs MoU with Korean company for mangrove project

Carbon Pulse - Thu, 2023-10-26 15:19
The Pacific island of Fiji on Thursday signed a Memorandum of Understanding (MoU) with a South Korean conglomerate on a project to plant and restore mangroves to reduce carbon emissions.
Categories: Around The Web

Venezuelans handpick plastic and rake up oil in bid to save Lake Maracaibo – video

The Guardian - Thu, 2023-10-26 15:00

Anglers in Venezuela have been raking up oil spills and collecting plastic waste from Lake Maracaibo to try to save the lake that sustains their livelihoods.

President Nicolás Maduro has ordered the implementation of a "rescue, attention and decontamination" plan for the 13,000 sq km lake, one of South America’s largest and one of the oldest in the world. Years of inadequate waste management and neglect of oil industrial infrastructure have polluted the lake, which harbours two-thirds of the country’s oil reserves – and production is expected to increase.

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Scottish whale watchers’ photos used to gain insights into animals’ habits

The Guardian - Thu, 2023-10-26 15:00

Images taken by public reveal insights into threatened minke whales, including finding the most attention-seeking whale

Snowy is the oldest known minke whale in Europe, while Knobble appears to adore attention – or, at least, the whale has been spotted more than 60 times since 2002, mostly close to the Isle of Mull.

Photographic records of minke whales submitted by members of the public are being published in a digital catalogue, providing insights about the threatened species.

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Categories: Around The Web

Australia’s “biggest” green hydrogen project given $69m in new round of funding

RenewEconomy - Thu, 2023-10-26 14:14

Federal government tips $69.2 million into the 2.2GW Central Queensland Hydrogen Hub, described by the state government as the biggest in Australia.

The post Australia’s “biggest” green hydrogen project given $69m in new round of funding appeared first on RenewEconomy.

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Climate “Australia’s next big employer:” Cannon-Brookes joins push for net zero workforce

RenewEconomy - Thu, 2023-10-26 14:12

Cannon-Brookes joins industry led campaign to populate the millions of new climate and energy roles required for Australia to meet net zero by 2050.

The post Climate “Australia’s next big employer:” Cannon-Brookes joins push for net zero workforce appeared first on RenewEconomy.

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CP Daily: Wednesday October 25, 2023

Carbon Pulse - Thu, 2023-10-26 13:34
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Conference sees new set of guidelines for biomass-based CO2 removal projects

Carbon Pulse - Thu, 2023-10-26 13:33
A carbon management firm launched guidelines to mitigate potential adverse impacts related to biomass-based CO2 removal offtake agreements at a conference on Wednesday.
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Fortescue produces first “home grown” electrolysers as it lines up green hydrogen deals

RenewEconomy - Thu, 2023-10-26 12:50

Fortescue producing first of its "home grown" electrolysers at new Gladstone gigafactory, which it sees as key to success in Hydrogen Headstart program after missing out on Whyalla tender.

The post Fortescue produces first “home grown” electrolysers as it lines up green hydrogen deals appeared first on RenewEconomy.

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“The SEC is back:” Victoria flicks switch on state-owned utility in push to 95 pct renewables

RenewEconomy - Thu, 2023-10-26 12:43

Neoen Tesla Big Battery VictoriaVictoria re-boots the publicly owned State Electricity Commission, with plans to build 1.2GW of renewables and storage by 2025, generate thousands of green jobs.

The post “The SEC is back:” Victoria flicks switch on state-owned utility in push to 95 pct renewables appeared first on RenewEconomy.

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Public still leery over airline carbon offsets, prefers clean jet fuel

Carbon Pulse - Thu, 2023-10-26 12:30
More than just sustainable aviation fuel (SAF) will be needed to decarbonise the world’s aviation industry as even with full deployment only 80% of emissions will be cut, and customers may not always be willing to cover the costs, a conference heard Wednesday.
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All mines close. How can mining towns like Mount Isa best manage the ups and downs?

The Conversation - Thu, 2023-10-26 11:54
For towns built on mining, mine closures have huge impacts. Because mines inevitably close, communities should be involved from the start in planning for that time. Kimberley Crofts, Doctoral Student in Sustainable Transitions, School of Design, University of Technology Sydney Liam Phelan, Senior Lecturer, School of Environmental and Life Sciences, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.
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China’s Guangdong to add three sectors to regional ETS

Carbon Pulse - Thu, 2023-10-26 11:27
China's Guangdong is planning to include three new emissions-intensive sectors in its regional emissions trading scheme (ETS), as the province has pledged to expand the scope of the carbon pricing mechanism.
Categories: Around The Web

Quebec considering changes to offset usage in cap-and-trade programme, direct contribution scheme

Carbon Pulse - Thu, 2023-10-26 09:22
Quebec's environment ministry (MELCCFP) is looking at restrictions on the use of offsets within its cap-and-trade programme before the end of the decade, and is also mulling more wholesale changes to the credit system thereafter, officials detailed in a webinar on Wednesday.
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Canadian carbon project developer forms partnership to address emissions affecting Indigenous territories

Carbon Pulse - Thu, 2023-10-26 08:46
A Calgary-based carbon project developer announced Wednesday a partnership with a community development organisation and an ESG-specialised consultancy to provide emission offset solutions and explore CO2 removal options in ways that benefit Indigenous communities.
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California compliance offset project owner suing original developer over intentional reversal of credits

Carbon Pulse - Thu, 2023-10-26 08:05
The owner of a California-registered forest offset project is suing the original landowner for over $1 million for allegedly overstating the carbon sequestration capacity of the project, causing the new holder to need to purchase more credits to compensate for an international reversal.
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Oregon Clean Fuels Program chief plans departure for national biofuels lobby

Carbon Pulse - Thu, 2023-10-26 07:28
The leader behind the Oregon Clean Fuels Program (OCFP) will take up a senior position at a national advanced biofuels group in early 2024, the organisation announced Tuesday, meaning two West Coast jurisdictions are losing their government agency heads for their respective low-carbon fuel standard (LCFS) programmes.
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Carbon removal credit purchases up five-fold since 2021 amidst overall credit issuance decline -report

Carbon Pulse - Thu, 2023-10-26 07:25
Demand for quality-focused carbon removal credits has significantly grown, despite an overall credit decline in issuances largely driven by downward trends in REDD+ and renewable energy (RE) credits, according to a report released by a carbon management firm on Wednesday.
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California offset issuance trails 2022 YTD levels, as DEBs premium hits record into compliance deadline

Carbon Pulse - Thu, 2023-10-26 07:10
California compliance offset issuance slowed over the past two weeks to once again trail year-ago levels, state data published Wednesday showed, while credits providing direct environmental benefits to the state (DEBs) reached an all-time high premium to untagged units heading into next week’s interim cap-and-trade true-up deadline.
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Brazil agricultural association pushes for Article 6.4 recognition of forestry carbon credits at COP28

Carbon Pulse - Thu, 2023-10-26 06:09
Nations gathered at the COP28 UN climate summit next month should include carbon credits from forestry-based activities in the final rules for the Article 6.4 successor mechanism to the Kyoto Protocol, a Brazilian agriculture lobby group said in recommendations to the federal government Wednesday.
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