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Buyer pays $52/tonne for first electric clean cooking offsets amidst over-crediting claims

Carbon Pulse - Mon, 2023-03-27 23:11
A buyer has paid an average $52/tonne for the first issued electric clean cooking credits as well as future units, a project developer confirmed to Carbon Pulse, despite cookstoves coming under heightened scrutiny in recent weeks amid claims of historical over-crediting.
Categories: Around The Web

UPDATE – EnBW posts marginal drop in 2022 ETS-covered fossil burn, brings forward coal phaseout

Carbon Pulse - Mon, 2023-03-27 22:17
German utility EnBW reported a 1% fall in its ETS-covered thermal generation in 2022, according to results published Monday, but a double-digit rise in brown coal burn that will keep support for its compliance demand. 
Categories: Around The Web

Brookfield seals deal for Origin buyout and $20 billion renewables splurge

RenewEconomy - Mon, 2023-03-27 22:15

 Goldwind).Brookfield-led consortium seals deal for $18.7 billion purchase of Australia's biggest energy utility, paving way for a $20 billion splurge on renewables and storage.

The post Brookfield seals deal for Origin buyout and $20 billion renewables splurge appeared first on RenewEconomy.

Categories: Around The Web

EU states to address stalled CO2 cars deal after Germany signals breakthrough

Carbon Pulse - Mon, 2023-03-27 22:03
EU transport ministers are poised to consider approving the bloc’s stalled CO2 car standard this week after Germany signalled a breakthrough, though sources suggested that the compromise might not be smoothly adopted as other states seek more time to consider changes.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2023-03-27 21:39
European carbon made modest gains on Monday morning, shrugging off a weak auction amid thin screen trading volume as the March futures contract entered its final trading day.
Categories: Around The Web

I live near the East Palestine chemical spill. Officials who say we’re safe are lying | Greg Mascher

The Guardian - Mon, 2023-03-27 20:05

My granddaughters got red blotches and their eyes burned. I’ve been having headaches and coughing fits

On the evening of 3 February I was at home in East Palestine, Ohio, watching a movie with my granddaughters, when my daughter Adyson called and asked, “Dad, what’s going on downtown?” I looked out the window and there was an orange glow in the sky. I turned the movie down to talk to my daughter but she’d hung up. Ten minutes later she called back and said, “We’re coming to get you.”

We went to try to figure out what had happened and it was like driving into a cloud – smoke was billowing overhead. A Norfolk Southern freight train had derailed. You could see the flames over the tops of nearby houses and feel the heat from several hundred feet away. Huge clouds of smoke were spreading from the crash site over our town.

Greg Mascher is a grandfather and concerned resident of East Palestine, Ohio

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Categories: Around The Web

China’s Hainan approves mangrove methodology, enhancing local blue carbon scheme

Carbon Pulse - Mon, 2023-03-27 18:43
The government of the Chinese island province of Hainan has passed the technical review of a methodology for mangrove afforestation and reforestation projects, which could further strengthen the operation of the region's offset programme and the country's emerging blue carbon sector.
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Around 80% of key biodiversity sites have human infrastructure with share set to rise, study finds

Carbon Pulse - Mon, 2023-03-27 18:32
The vast majority of the of the world’s key biodiversity sites already contain human-made infrastructure, with the share of these areas likely to be impacted by further development only expected to increase, a global assessment by scientific researchers has found.
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ETS & Carbon Land Use Advisor, Forever Forests – Christchurch

Carbon Pulse - Mon, 2023-03-27 16:59
Forever Forests is looking for a full-time ETS and carbon land-use advisor.
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Greens will back Labor's safeguard mechanism without a ban on new coal and gas. That's a good outcome

The Conversation - Mon, 2023-03-27 16:19
The Greens wanted Australia to rule out new coal and gas projects. Instead, we have a hard cap on emissions – and that should make many fossil fuel projects unviable Tony Wood, Program Director, Energy, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Living on a boat is hard – but it’s worth it to escape the toxic rental market | Faye Keegan

The Guardian - Mon, 2023-03-27 16:00

The challenges are myriad, including raising a child and, yes, using the toilet. But we’ve gained so much more than we lost

When people find out that I live on a narrowboat, their eyes light up. They say things like “Gosh, I’d love to do that,” and “That’s so bohemian of you!,” and “It must be so peaceful”. It is peaceful, sometimes, but it’s easy to forget that when you’re struggling to push open a heavy lock gate in the pouring rain with a screaming baby strapped to your chest. Still, I love the way I live: I love being close to the water, and feeling more connected to nature and in sync with the changing seasons than I did living on land.

That isn’t to say boat life was always the plan. I used to imagine I’d end up in some rambling old farmhouse, with Farrow & Ball wallpaper, period features and an open fire. I still get pangs when I visit friends’ seemingly enormous and lavishly equipped houses – upstairs and downstairs! A freezer! Hot taps! But for my husband, Nigel, and I, with our ill-paid, bookish jobs (I’m a writer, he’s a librarian. OK fine, my ill-paid job) along with, you know, The Economy, buying a house just isn’t feasible, especially where we live in Oxford. But owning his own home has always been important to Nige, who grew up in council housing, so we began to explore alternative options. Once we let go of the impossible goal of a house and focused instead on what we could afford, everything changed.

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Categories: Around The Web

Energy Insiders Podcast: How big will offshore wind be?

RenewEconomy - Mon, 2023-03-27 14:26

offshore wind turbinesCorio CEO Jonathan Cole on big turbines and even bigger offshore wind plans. Plus. Matt Kean and busted coal.

The post Energy Insiders Podcast: How big will offshore wind be? appeared first on RenewEconomy.

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Hydrogen expert says blending green fuel into gas network an “expensive” waste

RenewEconomy - Mon, 2023-03-27 14:15

Visiting expert says "scarce and precious" green hydrogen should not be wasted on hot water and cooking when cheap abundant solar can do the job.

The post Hydrogen expert says blending green fuel into gas network an “expensive” waste appeared first on RenewEconomy.

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Macquarie’s Corio says Victoria can double its offshore wind green dream

RenewEconomy - Mon, 2023-03-27 14:11

offshore wind core generationMacquarie's Corio says Victoria could easily beat its offshore wind targets, which in turn would facilitate a more rapid exit of coal.

The post Macquarie’s Corio says Victoria can double its offshore wind green dream appeared first on RenewEconomy.

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Canadian carbon project financier closes fresh round of financing

Carbon Pulse - Mon, 2023-03-27 14:01
A Canada-based carbon credit investor announced on Monday it had successfully closed its latest round of financing for climate mitigation projects.
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Labor agrees to absolute cap on emissions to secure Greens backing for safeguard mechanism climate bill

The Guardian - Mon, 2023-03-27 13:39

Adam Bandt says deal puts ‘significant hurdles’ in the way of new coal and gas but Chris Bowen insists it will not kill off new investment

The Albanese government’s signature climate bill targeting big polluters is a step closer to passing after a deal with the Greens including an absolute cap on emissions.

The Greens leader, Adam Bandt, announced the deal on the safeguard mechanism bill on Monday, taking credit for “a big hit on coal and gas” that could effectively block half of 116 proposed new fossil fuel projects.

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Categories: Around The Web

Latrobe Valley wind farm beats court challenge, targets 2024 construction

RenewEconomy - Mon, 2023-03-27 13:29

Supreme Court quashes challenge to 200MW Delburn Wind Farm, paving the way for the 33 turbine project to go ahead in Victoria’s Latrobe Valley.

The post Latrobe Valley wind farm beats court challenge, targets 2024 construction appeared first on RenewEconomy.

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“Huge hit” to coal and gas as hard cap and pollution trigger added to Safeguard reforms

RenewEconomy - Mon, 2023-03-27 12:10

gas flare fracking victoria moratorium 2 - optimisedLabor and Greens agree to raft of changes to Safeguard Mechanism, including new measures the Greens say will put new coal and gas projects "on the ropes."

The post “Huge hit” to coal and gas as hard cap and pollution trigger added to Safeguard reforms appeared first on RenewEconomy.

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Fresh blow for Queensland coal, as shareholder dispute topples Callide C co-owner

RenewEconomy - Mon, 2023-03-27 11:51

callide c queenslandFuture of broken down Callide C coal plant in fresh doubt after a shareholder dispute sends its part owner into voluntary administration.

The post Fresh blow for Queensland coal, as shareholder dispute topples Callide C co-owner appeared first on RenewEconomy.

Categories: Around The Web

Australia’s Safeguard Mechanism passes in lower house of parliament after government strikes compromise with Greens

Carbon Pulse - Mon, 2023-03-27 11:04
The Safeguard Mechanism passed the lower house of Australian parliament Monday and looks set to survive a Senate vote later this week after the Greens party announced it had negotiated with the Labor government a series of measures to strengthen the scheme, including putting a cap on absolute emissions and giving the climate minister broad powers to ensure projects don’t exceed the cap.
Categories: Around The Web

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