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NA Markets: CCA, RGGI prices head into year-end on modest run up

Carbon Pulse - Fri, 2022-12-23 08:43
California Carbon Allowance (CCA) prices continued their end-of-year run up this week, albeit at a slower pace than in 2021, while RGGI Allowance (RGA) values picked up over the last five days after a prolonged stagnation.
Categories: Around The Web

California Governor Newsom appoints labour union representative to carbon market watchdog

Carbon Pulse - Fri, 2022-12-23 07:44
California Governor Gavin Newsom (D) on Wednesday tapped a representative from organised labour to sit on the state’s Independent Emissions Market Advisory Committee (IEMAC), filling a nearly two-year vacancy on the carbon market watchdog.
Categories: Around The Web

RFS Market: RIN prices claw back losses stemming from bearish biofuel quotas

Carbon Pulse - Fri, 2022-12-23 05:46
US biofuel credit (RIN) values this week pared back roughly half of their losses that followed the EPA publishing lower-than-expected Renewable Fuel Standard (RFS) quotas, with traders attributing the price bump to year-end activity.
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Antarctica's emperor penguins could be extinct by 2100 – and other species may follow if we don't act

The Conversation - Fri, 2022-12-23 05:08
The species at risk include flowering plants, moss and lichens, tough invertebrates and breeding seabirds. Jasmine Lee, Conservation biologist, Queensland University of Technology Iadine Chadès, Principal research scientist, CSIRO Justine Shaw, Conservation Biologist, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

The lie of aqua nullius, ‘nobody’s water', prevails in Australia. Indigenous water reserves are not enough to deliver justice

The Conversation - Fri, 2022-12-23 05:08
In the struggle against aqua nullius, Indigenous people’s right to make decisions about water on Country is a priority. Kat Taylor, Water Justice Hub Research Fellow, Australian National University Anne Poelina, Adjunct Professor and Senior Research Fellow, University of Notre Dame Australia Quentin Grafton, Australian Laureate Professor, Crawford School of Public Policy, Australian National University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Palm kernel product imported for use on dairy farms may actually be harmful to cows

The Conversation - Fri, 2022-12-23 05:08
Several batches of palm kernel product imported for dairy farms contained certain chemicals above a safe limit – and there’s an ethical quandary in supporting an industry linked with deforestation. Hadee Thompson-Morrison, PhD Candidate in Environmental Science, University of Canterbury Brett Robinson, Professor of Environmental Chemistry, University of Canterbury Sally Gaw, Director of Environmental Science, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Finland risks huge EU fines over carbon sink collapse, say experts

Carbon Pulse - Fri, 2022-12-23 05:03
Finland is likely to fail to meet its net carbon sink target under the EU's land use regulation (LULUCF), researchers said in a report published this week that concluded the country would face massive costs either from fines or from having to buy allowances from other member states.
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Target date for cleaning up waterways in England is moved back by 36 years

The Guardian - Fri, 2022-12-23 02:55

Environment Agency under fire for extending schedule for tackling pollution in rivers, lakes and coastal waters to 2063

Targets to clean up the majority of England’s rivers, lakes and coastal waters suffering from a cocktail of agricultural and sewage pollution have been pushed back from 2027 to 2063.

Not one English waterway, including rivers, lakes, estuaries and coastal waters is in good ecological and chemical health at present, with pollution from water treatment plants and agriculture the key sources of the damage. The Environment Agency said on Thursday £5.3bn was being invested for the next five years to stop the further deterioration of waterways.

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Categories: Around The Web

COMMENT: Preliminary results are in – good intentions for HFLD credits risk undermining climate change mitigation

Carbon Pulse - Fri, 2022-12-23 02:55
ART/TREES and CORSIA must urgently restrict the use of HFLD credits to safeguard environmental integrity, argue several consultants critical of decisions by both bodies to enable HFLD credits to be used to offset fossil fuel emissions.
Categories: Around The Web

Even temporarily overshooting Paris goals poses tipping point risks -research

Carbon Pulse - Fri, 2022-12-23 02:00
Even temporarily overshooting the 1.5-2C temperature limit goals of the Paris Agreement could significantly increase the risk of tipping point cascades that lead to irreversible changes to the climate, according to analysis published on Thursday.
Categories: Around The Web

Voluntary demand for renewable credits rises in 2022, forestry slumps -analysts

Carbon Pulse - Fri, 2022-12-23 01:03
Voluntary carbon credit retirements are set to fall below 2021 levels this year due to a massive fall in demand for forestry and land use units, while renewable energy credits poised for a year-on-year rise, according to data from a carbon analytics firm.
Categories: Around The Web

Verra starts review process of methodologies, updates geological storage and ARR immediately

Carbon Pulse - Fri, 2022-12-23 00:46
Carbon credit certifier body Verra has launched a new review process of its methodologies, prioritising those not been updated for five years while also updating two methodologies with immediate effect involving geological storage and afforestation, reforestation and vegetation (ARR) projects.
Categories: Around The Web

2022 in review: is this the year Australia faced its climate reckoning?

The Guardian - Fri, 2022-12-23 00:00

The environmental crisis changed the political tide in 2022. There are some reasons to be optimistic about the outlook ahead – but much more to be done

The year 2022 is likely to be seen as one in which Australians started to act as though the climate and environmental crises are not just abstract ideas that mostly happen somewhere else or in the distant future.

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Categories: Around The Web

Australians reset their priorities in 2022, but in 2023 we must hold our leaders accountable | Lenore Taylor

The Guardian - Fri, 2022-12-23 00:00

As it marks the end of its first decade, Guardian Australia will scrutinise climate policies, cost-of-living measures and contribute to the Indigenous voice debate

Many of us emerged from the anxious isolation of the Covid years hesitantly, measuring our steps into the new normal of life. We settled into different patterns of working, travelled a little and dared to plan for things other than just getting through the pandemic.

But Australians also seemed to resume their lives with a resolve that some things should change.

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Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-12-22 22:25
EUAs rose by as much as 3% on Thursday as the market exhibited more of the volatility that has seen price moves of more than 2% on relatively little volume in the approach to the holiday break, while energy markets fell yet again amid milder weather.
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Biodiversity Pulse Weekly: Thursday December 22, 2022

Carbon Pulse - Thu, 2022-12-22 21:55
A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
Categories: Around The Web

Japan to put emissions trading bill to parliament next year

Carbon Pulse - Thu, 2022-12-22 21:38
A Japanese expert panel on Thursday approved a draft basic decarbonisation plan, with the government now intending to present a bill to parliament early next year that would legislate plans to launch an emissions trading scheme in 2026 and a carbon levy on fossil fuel imports two years later.
Categories: Around The Web

Investor Relations Manager, Gold Standard Foundation – Geneva/Remote (UK/Germany)

Carbon Pulse - Thu, 2022-12-22 21:08
Job Title: Investor Relations Manager Organization's Name: Gold Standard Foundation Term, Experience Level, Special Requirements: Full-time position
Categories: Around The Web

EU’s emissions continue to fall despite return to coal

The Guardian - Thu, 2022-12-22 21:03

November statistics show fear EU regressing on climate commitments because of war in Ukraine is unfounded

Returning to coal-fired power generation in some parts of Europe has not prevented strong progress on cutting greenhouse gas emissions, data shows.

Emissions for November for the EU were at their lowest in at least 30 years, as were gas consumption, carbon from the power sector, and power generation from fossil fuels, according to the Centre for Research on Energy and Clean Air.

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Categories: Around The Web

Buyers wary of purchasing Vietnamese carbon credits due to lack of legal framework, media reports

Carbon Pulse - Thu, 2022-12-22 19:58
The lack of a clear legal framework has made it difficult for foreign businesses to buy nature-based carbon credits in Vietnam, according to local media reports, potentially redirecting investments to other nations in the region instead.
Categories: Around The Web

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