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CP Daily: Wednesday May 17, 2023

Carbon Pulse - Thu, 2023-05-18 12:59
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Snowy 2.0 usage set to plummet by 2050 – and VNI West won’t save it

RenewEconomy - Thu, 2023-05-18 12:30

AAP - Snowy Hydro Tumut 3 - optimisedReports reveal VNI West will not increase Snowy 2.0’s transmission capacity to Victoria at all – and that the usage of Snowy 2.0 will plummet after 2050.

The post Snowy 2.0 usage set to plummet by 2050 – and VNI West won’t save it appeared first on RenewEconomy.

Categories: Around The Web

Getting renewables connected is the first step to a zero carbon grid

RenewEconomy - Thu, 2023-05-18 12:09

New wind, solar and batteries have faced long delays in getting connected, increasing costs and slowing the shift to renewables. We propose changes to fix these problems.

The post Getting renewables connected is the first step to a zero carbon grid appeared first on RenewEconomy.

Categories: Around The Web

The gas industry should be transparent about its future. So should MPs and the media | Adam Morton

The Guardian - Thu, 2023-05-18 11:46

An industry conference this week is talking up gas expansion as a key to solving the climate crisis, but the reality is gas power is undeniably in decline

You don’t see many government ministers turning up at coal conferences these days. The industry will continue for a while – thermal coal power still provides about 60% of electricity on the east coast, and exports this year top $60bn – but it is broadly agreed it’s on the way out.

The same cannot be said for gas, the other fossil fuel that Australia excels at digging up and selling overseas.

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Categories: Around The Web

Farmers and vets facing mass cull trauma need more help

BBC - Thu, 2023-05-18 10:45
Farmers and vets traumatised by mass culls do not get enough mental health support, a report finds.
Categories: Around The Web

World headed for record hot year by 2028 – probably our first above 1.5°C limit

RenewEconomy - Thu, 2023-05-18 10:08

New report forecasts two-in-three chance of passing 1.5℃ threshold sometime in the next five years. Does this mean the Paris Agreement has already failed?

The post World headed for record hot year by 2028 – probably our first above 1.5°C limit appeared first on RenewEconomy.

Categories: Around The Web

Fixing broken flood gauges is important. But most of us don't evacuate even when we know the water is coming

The Conversation - Thu, 2023-05-18 10:04
Yes, we need better flood warnings. But most of us don’t or can’t evacuate from floods. Safety means focusing on community resilience as well as warnings Mel Taylor, Associate Professor, Macquarie University Fiona Miller, Associate professor, Macquarie University Kat Haynes, Hononary Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

EU continues exports of bee-killing pesticides while banning them at home -report

Carbon Pulse - Thu, 2023-05-18 09:43
The EU is exporting more than 10,000 tonnes of “bee killing” pesticides a year to developing countries, despite having banned the use of these chemicals in its own fields, according to a report published Wednesday. 
Categories: Around The Web

'We are selling a product that we hope gets discontinued'

BBC - Thu, 2023-05-18 09:40
The firms aiming to help eradicate invasive species by making commercial use of them.
Categories: Around The Web

How Canadian walrus Smooshi ended up in Abu Dhabi

BBC - Thu, 2023-05-18 09:20
The tale involves a long legal battle and a unique bond between a man and Smooshi the walrus.
Categories: Around The Web

UK water companies offer apology and £10bn investment for sewage spills

The Guardian - Thu, 2023-05-18 09:01

Under-fire bosses announce ‘unprecedented plan’ to reduce last year’s 300,000 incidents of sewage pollution

Water companies have apologised for repeated sewage spills and pledged to invest £10bn this decade in an attempt to quell public anger over pollution in seas and rivers.

The companies will triple their existing investment plans to plough funds into the biggest modernisation of sewers “since the Victorian era” to reduce spills of overflowing sewage into England’s waterways.

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Categories: Around The Web

UK backs Biden’s removals and CCUS plan

Carbon Pulse - Thu, 2023-05-18 09:01
The UK is to back the US President Joe Biden’s programme to remove and store global carbon emissions, the government said in a release Thursday, stating that the London wants to forge closer links with the Washington on energy security.
Categories: Around The Web

Costly value chain emissions keeping Unilever off course to meet emissions targets -report

Carbon Pulse - Thu, 2023-05-18 09:01
Global conglomerate Unilever will need to address its Scope 3 emissions in order to align itself with an emissions reduction trajectory consistent with the Science-Based Targets initiative (SBTi), a report has argued, with the financial cost of inaction due to carbon pricing alone to hit nearly $3 bln by 2030 and over $7 bln by mid-century.
Categories: Around The Web

Major US bank sees upside policy risks ahead for carbon, clean fuels markets

Carbon Pulse - Thu, 2023-05-18 07:52
Analysts from a major US bank remain bullish over the medium term for California Carbon Allowance (CCA) prices as balances turn the corner from surplus to deficit, but expect the near-term environment to remain challenged for Low Carbon Fuel Standard (LCFS) credits and voluntary carbon offset (VCO) prices which await policy-driven upside catalysts, in a report published Monday.
Categories: Around The Web

ANALYSIS: Experts caution “opportunistic” Zimbabwe carbon deals bonfire to have wider-ranging consequences for voluntary market

Carbon Pulse - Thu, 2023-05-18 07:15
Zimbabwe's decision to void all existing carbon credit agreements and cream off future revenues from credit sales is an opportunistic move that could render offset projects in the country and elsewhere unattractive or unviable, while also potentially spurring other nations demand similar concessions, stakeholders told Carbon Pulse.
Categories: Around The Web

Alaska lawmakers pass voluntary carbon offset bill for state forestlands

Carbon Pulse - Thu, 2023-05-18 05:51
The Alaska legislature on Tuesday passed a bill to establish a statewide voluntary carbon offset programme for its forestlands, leaving only Governor Mike Dunleavy's (R) upcoming signature standing in the way of the bill becoming law.
Categories: Around The Web

New CEO for asset manager of Apple nature-based solution fund for carbon removals

Carbon Pulse - Thu, 2023-05-18 03:23
A climate veteran has taken on a new role as CEO at an asset management company dedicated to natural capital, and already serving tech giant Apple's nature-based carbon removal fund.
Categories: Around The Web

Kenyan government steps in to oversee cash from carbon projects

Carbon Pulse - Thu, 2023-05-18 02:34
Kenya is going to ensure a healthy share of carbon revenue stays in the east African country in the future under new legislation proposed to meet its updated climate targets for 2030.
Categories: Around The Web

Switzerland becomes first nation to publish official UN report detailing Article 6.2 activities

Carbon Pulse - Thu, 2023-05-18 01:52
Switzerland has become the first country to submit an initial report to the UN detailing accounting and reporting information under Article 6.2 of the Paris Agreement for its international mitigation activities with three other countries, which are estimated to collectively reduce emissions by nearly 2 Mt by 2030.
Categories: Around The Web

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