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Growth in new California carbon speculators slows in Q3, as multiple dairies close accounts

Carbon Pulse - Sat, 2023-09-30 08:18
Fewer new financial players opened accounts in California’s WCI-linked cap-and-trade programme in Q3 than in previous quarters, while a slew of dairy digester owners exited the programme, according to state data published Friday.
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Emitters pick up CCAs, RGAs as speculators trim holdings in both markets

Carbon Pulse - Sat, 2023-09-30 08:14
Regulated parties picked up holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) over the week as financial players moved in the opposite direction, while the roles were reversed in the third week of Washington Carbon Allowance (WCA) holdings being reported in US Commodities Futures Trading Commission (CFTC) data published Friday.
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Pennsylvania governor keeps mum on pursuing cap-and-trade recommendations from RGGI working group

Carbon Pulse - Sat, 2023-09-30 06:57
A working group convened by Pennsylvania Governor Josh Shapiro (D) released its final memorandum Friday detailing recommendations for cap-and-trade in the Keystone State, though the Commonwealth leader did not provide any information regarding his plans to implement the advice.
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Mass death of Amazonian dolphins prompts fears for vulnerable species

The Guardian - Sat, 2023-09-30 03:49

Rising temperatures could be passing tolerance threshold for endangered animals as Lake Tefé reaches 39C

The sudden die-off of more than a hundred Amazonian river dolphins in recent days has prompted fears that rising global heat could be passing the tolerance threshold of species in vulnerable areas.

The floating corpses of the endangered mammals, along with thousands of dead fish, have appeared at Lake Tefé where the temperature is now like a hot bath after a protracted drought has dried up most of the water.

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PREVIEW: World braces for change as EU CBAM comes into force

Carbon Pulse - Sat, 2023-09-30 03:17
As the EU’s carbon border adjustment mechanism comes into effect on Oct. 1, exporters to the region are gearing up to measure their carbon impact and bracing for levies further down the line, with several jurisdictions already moving to ramp up the development of their own carbon pricing measures in a bid to minimise the economic impact of the policy.
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Proposed EU climate and Green Deal commissioners face parliamentary ‘grilling’

Carbon Pulse - Sat, 2023-09-30 02:12
The European Commission's proposed new climate and Green Deal commissioners are expected to face tough hearings before the European Parliament next week despite receiving backing from some quarters.
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US details plan for $35 mln pilot CDR purchasing programme

Carbon Pulse - Sat, 2023-09-30 01:51
The US government on Friday detailed its previously announced plans to allocate up to $35 million to buy carbon dioxide removal (CDR) credits from several pathways as it attempts to help scale the industry and reach net zero GHG output.
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Activists stage Rosebank oilfield protest outside offices of Labour frontbench

The Guardian - Sat, 2023-09-30 01:21

Party urged to commit to revoking licence for site in North Sea and back comprehensive Green New Deal

Young climate activists staged sit-down protests outside the offices of every member of Labour’s shadow cabinet on Friday, calling on the party to take a tougher line on the proposed new Rosebank oilfield and back a comprehensive Green New Deal.

This week the UK’s biggest untapped oilfield was given the go-ahead despite widespread opposition from scientists, poverty campaigners and climate and energy experts.

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Judge allows private prosecution of Southern Water over pollution claims

The Guardian - Sat, 2023-09-30 01:01

Fish Legal win permission to summon firm to face allegations linked to diesel pollution of River Test

A judge has given permission for a private prosecution to go ahead against a water company accused over the pollution of one of the UK’s most cherished fishing rivers.

Southern Water will appear in court in February to face allegations linked to diesel pollution in the River Test in Hampshire.

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I’m a suburban Melbourne renter. Here’s how I weaned my home off gas and saved money on energy bills | Nelli Stevenson

The Guardian - Sat, 2023-09-30 01:00

After ditching central heating and focusing on power efficiency, we’ve cut our gas usage by 83% and are well on the way to paying off our new appliances

  • Change by Degrees is our new Saturday column offering life hacks and sustainable living tips to help reduce your household’s carbon footprint
  • Got a question or tip for reducing household emissions? Email us at changebydegrees@theguardian.com

Come winter, there’s one three-letter subject that really dominates the outer suburbs of Melbourne, and if you guessed AFL, I’m afraid you’ve missed the mark.

I live in the quiet, leafy west, where houses were built cheaply and quickly, which leaves us all groaning about one thing: gas. These big spacious houses cost an absolute bomb to heat in winter.

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Mozambique to place community benefits at heart of new carbon regulatory framework -report

Carbon Pulse - Sat, 2023-09-30 00:26
Mozambique will prioritise community benefits and greater clarity for carbon credit buyers when drafting comprehensive regulations to support the development of offset projects in the country, the country's environment minister was reported as saying Thursday, as it readies almost 50 million units for the market.
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Biden to sell three oil and gas leases over five years, angering climate advocates

The Guardian - Sat, 2023-09-30 00:04

Administration releases plan, which represents lowest number of lease sales since 1980, but is still set to increase oil production

The Biden administration on Friday released a plan to sell as many as three offshore oil and gas leases over the next five years, garnering criticism from some climate advocates.

Set to govern potential sales through late 2028, the hotly anticipated plan from the Bureau of Ocean Energy Management, a part of the interior department, includes no auctions for next year, and represents the lowest number of lease sales since the program began in 1980.

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Major institutions urge the EU to accelerate energy transition to ensure competitiveness

Carbon Pulse - Fri, 2023-09-29 23:08
The heads of three major EU and international institutions warned that not accelerating the clean energy transition in Europe would mean losing industrial competitiveness and threatening financial stability, at a conference in Paris on Friday.
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How a thinktank got the cost of net zero for the UK wildly wrong

The Guardian - Fri, 2023-09-29 23:07

Civitas’s deeply flawed report was timed to follow the PM’s speech in which he called for an honest approach to the issue

Imagine demanding an “honest” debate over the cost of net zero in a report full of errors that even a schoolboy would be embarrassed about. Then imagine getting coverage of your report in the Sun, Times, Daily Mail, Daily Express and Spectator.

Sound impossible? Well, let me tell you how Civitas, one of the thinktanks housed at 55 Tufton Street in London, did exactly that, and nearly got away with it.

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-09-29 21:27
European carbon prices fell back on Friday morning in very thin trading activity as the third quarter approached its end, while energy markets also weakened as mild weather and high gas stocks continued to weigh on the markets.
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‘The dog’s very happy’: water-conscious Gotlanders compete for ugliest lawn title

The Guardian - Fri, 2023-09-29 21:00

Competition aimed at encouraging Swedish island residents to save water is being copied elsewhere

Dry, brown grass is no longer a source of shame on one Swedish island where residents have been competing over the “ugliest lawn” in an attempt to save water – and it seems the trend is spreading.

“It was the easiest competition to win, I didn’t have to do anything,” said this year’s winner Stina Östman, a resident of Sweden’s largest island of Gotland, who has mixed feelings about her victory. “It’s always nice to win, even if you are the worst,” she said.

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Textile industry body looks to set industry biodiversity foundation in new report

Carbon Pulse - Fri, 2023-09-29 20:45
The fashion industry has complex and specific challenges to biodiversity but needs to start moving on understanding their impacts, according to a new report released by an industry body.
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Biden is right to praise the auto strike. His climate agenda depends on it | Kate Aronoff

The Guardian - Fri, 2023-09-29 20:02

The president has a golden opportunity to prove that green jobs will bear dividends for the working class

Joe Biden had to choose a side in the United Auto Workers’ contract fight with the “big three” American automakers, and he did. This week, he became the first US president to walk a picket line while in office when he joined strikers in Belleville, Michigan, offering enthusiastic support for their demands. Biden should be thanking the UAW for handing him a golden opportunity: to prove that the green jobs his administration is creating will be good, union jobs, too, and that climate policy will bear dividends for the working class.

Republicans cosplaying solidarity have tried to exploit the strike to score cheap political points. As Republican presidential hopefuls debated this week, Donald Trump told a rally at a non-union plant in Michigan that the strike wouldn’t “make a damn bit of difference” because the car industry was “being assassinated” by “EV mandates”. (Whether there were any union members or even autoworkers in the room isn’t clear.) Ohio senator JD Vance has similarly blamed autoworkers’ plight on “the premature transition to electric vehicles” and “Biden’s war on American cars”.

Kate Aronoff is a staff writer at the New Republic and the author of Overheated: How Capitalism Broke the Planet – And How We Fight Back

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Mining giant notes bumps in road from brown to green

Carbon Pulse - Fri, 2023-09-29 20:01
There is a a looming shortfall of the materials needed for electrification and the energy transition, according to a report released Friday by miner BHP and investment firm BlackRock on the challenges ahead facing the mining sector, new energy sectors, and hard-to-abate sectors such as steel making and cement.
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Think tank develops blue recovery bond framework to tackle overfishing

Carbon Pulse - Fri, 2023-09-29 19:31
Financial think tank Planet Tracker has developed a theoretical framework for a blue recovery bond that would allow investment in blue recovery bonds to fund fisheries that reduce or completely stop fishing in designated areas while stocks recover.
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