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New hybrid carbon contract to launch Friday, expected to trade at $7-8

Carbon Pulse - Wed, 2022-06-15 03:39
A standardised contract touted as providing a single global price for voluntary carbon market (VCM) credits will launch on two exchanges later this week and should initially trade at $7-8/tonne, a webinar heard on Tuesday.
Categories: Around The Web

In perfect minute detail: jumping spiders, falling water drops and more – in pictures

The Guardian - Wed, 2022-06-15 03:30

Photographer Craig Loechel hones his macro lenses on nature’s beauty to reveal details not normally seen by the naked eye

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Categories: Around The Web

US utility NextEra Energy announces 2045 decarbonisation target without offset use

Carbon Pulse - Wed, 2022-06-15 03:25
Vertically integrated utility NextEra Energy on Tuesday said it will decarbonise its operations by 2045, but without dependence on offsets to supply emissions-free energy across the US.
Categories: Around The Web

Happy the elephant is not a person, New York court rules

BBC - Wed, 2022-06-15 03:19
An animal rights group was seeking legal means to have the elephant moved from a zoo to a sanctuary.
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New ombudsman touted to give corporates money back from dodgy VCM credits

Carbon Pulse - Wed, 2022-06-15 02:54
Corporates unwittingly buying bogus or dodgy offsets in the voluntary carbon market (VCM) may be able to get their money back in the future, just like buying a toaster or television that does not work, a board member of the Integrity Council for the Voluntary Carbon Market (IC-VCM) said Tuesday.
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Anew day dawns: Carbon credit firms Bluesource and Element Markets rename merged entity

Carbon Pulse - Wed, 2022-06-15 02:40
North American offset project developer Bluesource and environmental commodities company Element Markets have merged to form “Anew”, the companies announced Tuesday.
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Air pollution got worse during lockdown in many countries, study finds

The Guardian - Wed, 2022-06-15 00:20

University of Chicago reports little change in global average particulate pollution in 2020, with increases in areas such as India

Lockdowns imposed to stop the spread of Covid led to “virtually no change” in global average particulate pollution levels during 2020, and in some of the most populous countries pollution increased, according to a study.

Analysis of revised satellite-derived data on PM2.5 levels, which measure minuscule and dangerous airborne particles, suggests that the economic lockdowns imposed across many parts of the world brought clear skies to some areas only temporarily.

According to the research by the Air Quality Life Index, based at the University of Chicago, the global population weighted-average PM2.5 level declined from 27.7 to just 27.5 μg/m3 between 2019 and 2020, remaining more than five times the WHO’s guideline, which was revised last year to 5 μg/m 3.

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‘Eco mermaid’ sets world record for monofin swimming at 26.22 miles

The Guardian - Tue, 2022-06-14 23:52

Merle Liivand swam in choppy waters off Miami coast to raise awareness about importance of clean oceans

In the Little Mermaid, Ariel sings a whole song about wishing to be part of a world where people get to walk. Merle Liivand, on the other hand, wanted to do the opposite – and now holds the world record for the farthest swim as a mermaid.

Liivand swam 26.22 miles wearing a silicone monofin, in just over 11 hours in choppy waters off the coast of Miami on 7 May.

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EU lawmakers object to plans to feature gas and nuclear in green rulebook

Carbon Pulse - Tue, 2022-06-14 23:06
Two cross-party committees of the European Parliament voted by a thin margin on Tuesday against including natural gas and nuclear energy on a list of climate-friendly investments, teeing up a full Parliament ballot early next month.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-06-14 22:09
EUA prices made solid gains on Tuesday morning in as European lawmakers agreed to resubmit proposed changes to the ETS reform package to the full Parliament later in June, and as power and coal prices advanced on increasing cooling demand across much of Europe.
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TotalEnergies buys into Adani’s $50 bln hydrogen splurge as report urges massive uptake to meet Paris goals

Carbon Pulse - Tue, 2022-06-14 21:07
European oil major TotalEnergies has acquired a 25% stake in a new hydrogen-focussed business arm of the Adani conglomerate, Adani New Industries Limited (ANIL), as the Indian industrial behemoth also committed to a massive $50 billion investment in a green hydrogen ecosystem through the subsidiary over the next ten years, it was announced on Tuesday.
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VCM marketplace looks to offer ‘forward’ offsets for sale

Carbon Pulse - Tue, 2022-06-14 20:30
A crypto carbon initiative and an online marketplace have teamed up in an effort to boost the market for pre-purchasing voluntary carbon market (VCM) offsets and secure more funding for project developers.
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EU Parliament committee backs plan to not reopen talks on ETS reform

Carbon Pulse - Tue, 2022-06-14 20:01
The European Parliament’s environment committee (ENVI) on Tuesday backed a plan to effectively delay reopening divisive negotiations on EU ETS reforms ahead of a second attempt on vote on the measure by the full Parliament next week.
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WA to close remaining state-owned coal generators by 2030

RenewEconomy - Tue, 2022-06-14 18:10

The Muja power station in Western Australia.WA government says it will close remaining state-owned coal generators before 2030, committing to $3.8B in new clean energy investment.

The post WA to close remaining state-owned coal generators by 2030 appeared first on RenewEconomy.

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Western Australia to become coal-free by 2030 with Muja power station to be shut down

The Guardian - Tue, 2022-06-14 18:01

Mark McGowan says state’s two remaining coal-fired power stations are becoming less viable due to rise of renewable energy

Western Australia will shut its last coal-fired power unit before the end of the decade and spend an extra half a billion dollars to foster new jobs for displayed workers, the state government said.

Later this year, the first of the 854-megawatt Muja power station’s units near Collie, south of Perth, will close, with the entire plant to be shut by 2029. The nearby 340MW Collie plant will exit the market by the end of 2027, the premier, Mark McGowan, said in a statement on Tuesday.

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Africa must forgo gas exploration to avert climate disaster, warn experts

The Guardian - Tue, 2022-06-14 18:00

Call comes after former UN climate envoy urged African countries to exploit their natural gas reserves

Africa must embrace renewable energy, and forgo exploration of its potentially lucrative gas deposits to stave off climate disaster and bring access to clean energy to the hundreds of millions who lack it, leading experts on the continent have said.

Their call came as the UN secretary general, António Guterres, warned that exploring for gas and oil anywhere in the world would be “delusional”.

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Climate change: New fossil fuel funding is 'delusional' says UN chief

BBC - Tue, 2022-06-14 17:50
UN chief Antonio Guterres warns that the rush to find new sources of coal, oil and gas is a major mistake.
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Australia’s CEFC awards A$2 million to help scale new shark-inspired tech for aviation, shipping

Carbon Pulse - Tue, 2022-06-14 15:43
Australia’s Clean Energy Finance Corporation (CEFC) has awarded a A$2 million ($1.4 mln) grant to a local company that has developed a unique technology to dramatically improve fuel efficiency for aviation and shipping and cut carbon emissions in both sectors, it announced on Tuesday.
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Australia’s “largest grid forming battery” to go ahead after landing finance deal

RenewEconomy - Tue, 2022-06-14 15:36

riverina bess battery tesla megapack edifyEdify locks in finance to start building 150MW/300MWh Tesla Megapack big battery featuring a "new vintage" of grid forming inverter controls.

The post Australia’s “largest grid forming battery” to go ahead after landing finance deal appeared first on RenewEconomy.

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Regulator reminds generators of market obligations as Bowen plays down risk of outages

RenewEconomy - Tue, 2022-06-14 15:33

Bowen says there's no need to cut essential electricity use despite forecast shortfalls, as regulators remind generators of their obligation to play fairly.

The post Regulator reminds generators of market obligations as Bowen plays down risk of outages appeared first on RenewEconomy.

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