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RGGI Market: RGAs plateau despite shrinking allowance surplus

Carbon Pulse - Tue, 2023-05-09 07:34
RGGI Allowances (RGAs) posted modest price declines this week as a continued lack of news from the third programme review starved the market of a catalyst, even as a new report showed the power sector scheme’s permit glut fell last year.
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US financial services giant to aid carbon market investors with administration, deposit services

Carbon Pulse - Tue, 2023-05-09 07:17
A US-based investment manager on Monday announced a new service to help fund owners and other financial institutions integrate compliance and voluntary carbon assets on the physical and futures markets into their portfolios.
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Alberta TIER credit prices tick up in April, as traders debate upcoming election impact

Carbon Pulse - Tue, 2023-05-09 06:13
Spot carbon credit prices under Alberta’s Technology Innovation and Emissions Reduction (TIER) regime rose slightly in April, while traders had different opinions on whether the outcome of the provincial election later this month would influence the output-based pricing system (OBPS) market.
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The end of offshore oil and gas exploration in NZ was hard won – but it remains politically fragile

The Conversation - Tue, 2023-05-09 06:10
Over a decade of protest led to the banning of fuel exploration in New Zealand waters. As this extract from a new book explains, that ‘win’ is still precarious and may depend on the election result. Amanda Thomas, Lecturer in Environmental Studies, Te Herenga Waka — Victoria University of Wellington Gradon Diprose, Senior Researcher, Environmental Social Science, Manaaki Whenua - Landcare Research Sophie Bond, Associate Professor in Geography, University of Otago Licensed as Creative Commons – attribution, no derivatives.
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EU Parliament’s largest party falters on efforts to extend methane curbs to imports

Carbon Pulse - Tue, 2023-05-09 05:51
EU lawmakers from the centre-right EPP political group are backing a last-minute amendment that would block the extension of the bloc's methane regulation to imports, putting in jeopardy one of the bill's most far-reaching elements ahead of a crucial vote by the entire Parliament on Tuesday.
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Frogs in Puerto Rico croak at a higher pitch due to global heating

The Guardian - Tue, 2023-05-09 04:40

Call of the coquí frog is affected by rising temperatures, scientists find

Frogs in Puerto Rico are croaking at a higher pitch due to global heating, scientists have found.

The frogs appear to be decreasing in size at warmer temperatures, which causes their croaks to become high pitched. If the trends continue, the heat could become too much for the sensitive amphibians to survive successfully, researchers have said.

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Whales take up to two hours to die after being harpooned, Icelandic report finds

The Guardian - Tue, 2023-05-09 03:01

Food and veterinary authority report questions whether hunting large whales can meet animal welfare objectives

Whales have taken as long as two hours to die during Icelandic hunts, according to a report by the Icelandic food and veterinary authority.

A number of the carcasses of the fin whales shot by explosive harpoons during hunts in Iceland last year were examined by the organisation, which found that almost 40% struggled for approximately 11 and a half minutes before they died, while two took more than an hour. A quarter of the fin whales, the second-largest mammal on Earth after the blue whale, considered “vulnerable” globally by the International Union for Conservation of Nature, had to be harpooned a second time. Only 59% died instantly.

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Cornish farm launches project to triple UK’s temperate rainforest

The Guardian - Mon, 2023-05-08 23:54

Former soldier is transforming his land on Bodmin Moor with tree planting and natural regeneration

Tripling Britain’s temperate rainforest is the goal of a new charity founded by a veteran of the war in Afghanistan who found solace in this unique and biodiverse habitat.

The Thousand Year Trust is being launched this week by Merlin Hanbury-Tenison, who suffered post-traumatic stress disorder (PTSD) after three tours of Afghanistan and is now transforming his 120-hectare (300 acre) hill farm on Bodmin Moor into the largest rainforest restoration project in England and Wales.

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UK joins list of donors to Brazilian fund for Amazon protection

Carbon Pulse - Mon, 2023-05-08 22:59
The UK has become the latest government to support Brazil’s Amazon Fund, designed to back REDD+ projects that protect the nation’s forests as a key pillar to global action on climate change and biodiversity protection.   
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Global coal plant pipeline to shrink by around half due to policies and lack of finance, study finds

Carbon Pulse - Mon, 2023-05-08 20:02
Additional coal power plant build will be around 50% lower than what is in the global capacity pipeline as projects will face cancellation due to policy changes and less finance, but new plants must only be allowed to have a limited lifespan if there is to be alignment with a 1.5C pathway, research released on Monday has found.
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What Australia's new gas tax will mean for new projects, the economy and the climate

The Conversation - Mon, 2023-05-08 19:38
Changes to the petroleum resource rent tax (PRRT) are long overdue, but Labor’s modest attempt at reform represents a missed opportunity. Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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How First Nations can help keep Australia in the global clean energy race

RenewEconomy - Mon, 2023-05-08 19:12

rio tinto solar farmFollowing Canada’s lead, the US Inflation Reduction Act supports First Nations as equity owners of major energy projects. Australia has an opportunity right now to get the settings rights.

The post How First Nations can help keep Australia in the global clean energy race appeared first on RenewEconomy.

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Germany unveils plans to add 150GW of solar by 2030, as gas use slumps

RenewEconomy - Mon, 2023-05-08 18:07

Germany outlines plan to add 150GW of solar by 2030, including agri and floating PV. Meanwhile, gas use slumps by nearly one quarter in a year.

The post Germany unveils plans to add 150GW of solar by 2030, as gas use slumps appeared first on RenewEconomy.

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Major Chinese cement maker to acquire 10 mln forest carbon credits by 2030

Carbon Pulse - Mon, 2023-05-08 17:49
One of the world's largest cement makers has inked a deal with a major forestry group in China to secure millions of carbon credits by the end of this decade to realise its low-carbon transition.
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Our tropical fruits are vulnerable to climate change. Can we make them resilient in time?

The Conversation - Mon, 2023-05-08 16:47
Climate change is bringing heightened droughts, heat stress and floods. For our fruit trees, that means tougher conditions. To prepare means mining their genomes to hunt for resilience. Rajeev Varshney, Professor, Murdoch University Abhishek Bohra, Senior research fellow, Murdoch University Licensed as Creative Commons – attribution, no derivatives.
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Thank goodness for the decent hardworking scientists at the Bureau of Meteorology! OR ARE THEY? | First Dog on the Moon

The Guardian - Mon, 2023-05-08 16:27

Well-meaning weather boffins or a scheming hive of traitorous warmists?

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Project Manager Blue Carbon, Australian Institute of Marine Science – Perth

Carbon Pulse - Mon, 2023-05-08 16:04
This newly created Project Manager position will bring expert project management skills to manage the execution of large-scale blue carbon research projects with industry and government partners.
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Bold and innovative planning is delivering Australia’s newest city. But it will be hot – and can we ditch the colonial name?

The Conversation - Mon, 2023-05-08 15:43
The new city bears a colonial name and there are questions about locating it in the hottest part of Sydney, but we are also seeing all 3 tiers of government work together in an innovative way. Tooran Alizadeh, Associate Professor in Urbanism and Infrastructure, ARC Future Fellow, University of Sydney Glen Searle, Honorary Associate Professor in Planning, University of Queensland, University of Sydney Rebecca Clements, Postdoctoral Research Associate, Faculty of Architecture, Building and Planning, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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Hornsdale battery lands new contract, as wind farms fan jump in Neoen revenue

RenewEconomy - Mon, 2023-05-08 15:24

Hornsdale big battery lands new contract for fast frequency response, as wind gains boost quarterly revenue and a solar farm takes a break in negative prices.

The post Hornsdale battery lands new contract, as wind farms fan jump in Neoen revenue appeared first on RenewEconomy.

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Labor’s timid fossil rent tax should be revamped into a Norway-like wealth fund

RenewEconomy - Mon, 2023-05-08 15:17

Gas companies have long been gaming the resources rent system, but copying the Norwegian scheme would have vast benefits.

The post Labor’s timid fossil rent tax should be revamped into a Norway-like wealth fund appeared first on RenewEconomy.

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