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Can Morocco solve Europe’s energy crisis?

BBC - Thu, 2023-05-04 09:17
Morocco plans to send renewable energy to Europe, but some want it to save it for its home market.
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Largest Massachusetts GWSA emitters can cover 2023 short positions as Q1 emissions stall

Carbon Pulse - Thu, 2023-05-04 08:48
Four of the largest regulated entities under the Massachusetts Global Warming Solutions Act (GWSA) carbon market have emissions trending above 2023 allowance holdings, but should be able to satisfy compliance obligations through various channels given the plunge in Q1 emissions, according to a report published Wednesday.
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Brazilian Senate passes Bolsonaro-era voluntary carbon measure for public forest concessions

Carbon Pulse - Thu, 2023-05-04 08:34
The Brazilian Senate on Tuesday voted in favour of legislation allowing the sale of voluntary carbon credits from public forest concessions, leaving only President Luiz Inacio Lula da Silva to sign his predecessor's bill into law.
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Oregon Clean Fuels Program ekes out Q4 credit surplus as diesel alternatives boom

Carbon Pulse - Thu, 2023-05-04 07:39
The Oregon Clean Fuels Program (OCFP) recorded its lone quarterly credit surplus of 2022 over the October-December period as low-carbon diesel alternatives outweighed greater deficits from fossil fuels, government data showed Tuesday.
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LCFS Market: California prices head towards $90 following data release, while major refiner heard selling

Carbon Pulse - Thu, 2023-05-04 07:35
California Low Carbon Fuel Standard (LCFS) prices this week shrugged off another large quarterly credit generation figure to approach an eight-month high, even as traders reported one of the largest refiners under the programme was heard selling units.
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Migrating birds could bring lethal avian flu to Australia's vulnerable birds

The Conversation - Thu, 2023-05-04 06:18
From September onwards, migratory birds will arrive on Australian shores. If one is carrying the lethal bird flu, it could devastate our birdlife Parwinder Kaur, Associate Professor | Director, DNA Zoo Australia, The University of Western Australia Licensed as Creative Commons – attribution, no derivatives.
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Fear and Wonder podcast: where to next on climate change? – Live bonus episode

The Conversation - Thu, 2023-05-04 06:18
Fear and Wonder is a new climate podcast, brought to you by The Conversation, and sponsored by the Climate Council. In this live bonus episode, we discuss where to next on climate change. Michael Green, Host + Producer, The Conversation Licensed as Creative Commons – attribution, no derivatives.
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Australia warned of ‘over-mining’ risk in race to secure minerals needed for clean energy

The Guardian - Thu, 2023-05-04 06:00

Research says mining boom to support renewable energy risks ‘significant social and environmental damage’

In the high-stakes quest to break China’s grip over minerals crucial to clean energy technology, Australia risks over-mining while ignoring alternatives such as improved battery recycling, according to a new report.

The release of the Jubilee Australia research, which questions mineral demand assumptions and warns against causing unnecessary environmental harm, comes as the federal government prepares a strategy to address China’s dominance of minerals seen as critical to a nation.

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Enel EU ETS-covered generation dips 5% in Q1, IEA urges Italy to speed up for EU targets

Carbon Pulse - Thu, 2023-05-04 03:07
Generation covered by the EU's carbon market across Italian utility Enel's power plants fell 5% year-on-year during the first quarter of 2023 as hydro output rebounded after extreme lows seen in 2022, while the IEA separately warned in an analysis that Italy must accelerate its renewables expansion to meet more ambitious climate targets.
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US private equity firm seeks to raise $500 mln for new forestry, agriculture fund with carbon optionality

Carbon Pulse - Thu, 2023-05-04 03:00
A US private equity investment manager announced on Wednesday the launch of a natural resources fund investing in global forestry and agriculture assets combined with carbon sequestration.
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Long-time carbon trader leaves Canadian bank for US-based fund

Carbon Pulse - Thu, 2023-05-04 02:23
A Toronto-based trader has parted ways with one of Canada’s largest financial institutions after spending more than a decade transacting products in European and North American compliance and voluntary carbon markets, Carbon Pulse has learned.
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Scotland's wildcat on brink of extinction - research

BBC - Thu, 2023-05-04 02:10
NatureScot warned there are likely too few pure-bred Scottish wildcats for the population to be viable.
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French oil giant TotalEnergies sues Greenpeace over emissions report

The Guardian - Thu, 2023-05-04 01:44

Green group accused company of emitting more than it disclosed but TotalEnergies says report used dubious methodologies

The French oil major TotalEnergies has sued the environmental group Greenpeace France and the climate consulting firm Factor-X over a report claiming that the company massively underestimated its 2019 greenhouse gas emissions, Total said on Wednesday.

The civil complaint, served on 28 April, seeks a ruling that the November publication contains “false and misleading information”, a judicial order to withdraw the publication and cease all references to it under penalty of €2,000 (£1,760) a day in fines, plus a symbolic €1 in damages.

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Indian renewable company secures extra $250 mln from global investment firm

Carbon Pulse - Thu, 2023-05-04 01:36
A start-up decarbonisation platform has secured $250 million of additional financing from a global investment firm after the company won long-term contracts to deliver round-the-clock green energy to industries in India.
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An ill wind blows: the unfair distribution of Australia’s air pollution hotspots

The Guardian - Thu, 2023-05-04 01:00

Analysis shows disadvantaged people are hit harder by the effects of airborne particulates, compounding existing inequalities

Kerry-Ann Weirick’s asthma took a turn for the worse when she moved to the western Sydney suburb of St Marys.

“I was going to hospital two or three times a year with really bad breathing problems,” she says.

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Communication is key – four ways carbon projects can better engage with Indigenous people

Carbon Pulse - Thu, 2023-05-04 00:51
Developers need to embed Indigenous leadership into projects in a way that is not fundamentally disempowering, and for this there must be lasting, genuine interactions between project developers and people on the ground, writes Isack Bryson of Carbon Tanzania.
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Wind industry begins recycling drive to stop 599 ageing turbines going to landfill

RenewEconomy - Thu, 2023-05-04 00:01

Australia is looking to solve a major landfill problem as a quarter of the country's farms approach the end of their design life.

The post Wind industry begins recycling drive to stop 599 ageing turbines going to landfill appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-05-03 23:31
European carbon prices gave up all the gains they made over the previous session early on Wednesday as market sentiment relaxed after the European Commission announced there would be no further EUA volumes added to market supply this year, as energy prices also crumbled amid wider risk-off sentiment.
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A year after “climate election”, Australian fossil fuel subsidies hit record $57 billion

RenewEconomy - Wed, 2023-05-03 22:30

New report says fossil fuel subsidies to hit record $57 billion, just a year after so-called "climate election".

The post A year after “climate election”, Australian fossil fuel subsidies hit record $57 billion appeared first on RenewEconomy.

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Former Shell VP joins carbon capture firm

Carbon Pulse - Wed, 2023-05-03 22:00
The former Vice President of Energy Transition for Shell USA is joining an Illinois-based carbon capture company as Executive Vice President of Growth and Strategic Projects, the company said in a press release Wednesday.
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