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NA Markets: CCA prices lift into May auction, RGGI holds amid heavy spread trading

Carbon Pulse - Fri, 2022-05-20 08:10
California Carbon Allowance (CCA) prices rose to a one-month high this week as traders questioned why this would occur before the May 18 WCI auction, as RGGI Allowance (RGA) values lifted as entities rolled positions out on the curve.
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Common EUA auction volumes for 2022 slashed by 3% due to calculation error

Carbon Pulse - Fri, 2022-05-20 08:03
This year's carbon permit sale volumes on the EU's Common Auction Platform are being slashed by almost 3%, exchange EEX announced late Thursday, in a surprise move resulting from an apparent calculation error.
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How the Coalition’s deflated electricity scare campaign was (probably) confected

RenewEconomy - Fri, 2022-05-20 07:59

Remember News Corp's big climate scare campaign from a few weeks ago? Turns out there was never any modelling behind it - just a clumsy guess.

The post How the Coalition’s deflated electricity scare campaign was (probably) confected appeared first on RenewEconomy.

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UPDATE – Carbon spot exchange CBL cancels late Thursday trades following investigation

Carbon Pulse - Fri, 2022-05-20 07:58
Xpansiv market CBL cancelled executions made late Thursday after conducting an investigation regarding “potentially erroneous transactions.”
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California carbon market reform bills proceed to first floor votes

Carbon Pulse - Fri, 2022-05-20 07:49
A pair of California cap-and-trade reform bills received approval from two appropriations committees on Thursday, moving now to their first floor votes before a deadline next week.
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Lead, Carbon Markets Research & Intelligence, Ecosystem Marketplace – Washington DC (Preferred)/Remote

Carbon Pulse - Fri, 2022-05-20 06:42
EM is seeking a Lead on Carbon Markets Research & Intelligence to focus on voluntary and compliance carbon market developments.
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Carbon project developers search for interim solution to CDM freeze

Carbon Pulse - Fri, 2022-05-20 05:18
Developers with projects registered under the CDM are urging regulators to unfreeze post-2020 carbon credits to make them eligible for the voluntary and domestic carbon markets, aiming to keep revenues flowing ahead of the completion of a new carbon crediting mechanism under the Paris Agreement.
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Australia’s greenhouse pollution from coal higher per person than any other developed country, data shows

The Guardian - Fri, 2022-05-20 03:30

Despite the growth of renewable energy, Australia’s per capita coal emissions of 4.04 tonnes a year is nearly four times the global average

Australia had the highest levels of greenhouse gas pollution from coal per person than any other developed country in 2021, according to new data.

But the data shows per capita greenhouse gas emissions from coal fell sharply last year, with a surge in solar and wind energy seeing per capita rates drop well below the average of the previous five years.

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Egg prices could rise for UK consumers as farmers cut flock numbers

The Guardian - Fri, 2022-05-20 01:51

Fewer laying birds are being placed on farms as producers respond to poor retail profit margins

Consumers could be hit with higher egg prices as UK farmers reduce their flock numbers, in response to escalating costs and insufficient profit margins.

The numbers of chicks being placed by egg producers in April was down 15% year on year, according to the latest government figures.

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Environmental toxins are worsening obesity pandemic, say scientists

The Guardian - Fri, 2022-05-20 01:51

Exclusive: Pollutants can upset body’s metabolic thermostat with some even causing obesity to be passed on to children

Chemical pollution in the environment is supersizing the global obesity epidemic, according to a major scientific review.

The idea that the toxins called “obesogens” can affect how the body controls weight is not yet part of mainstream medicine. But the dozens of scientists behind the review argue that the evidence is now so strong that it should be. “This is critical because the current clinical management of obese patients is woefully inadequate,” they said.

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Blockchain and cryptocurrency company commits $100 million to carbon markets

Carbon Pulse - Fri, 2022-05-20 01:47
A blockchain and cryptocurrency company has committed $100 million to carbon markets, targeting CO2 removal projects and building a portfolio of additional, long-term, nature and science-based carbon credit.
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Key lawmakers seek to unlock EU Social Climate Fund in 2024-2032, but post-2027 funding looks uncertain

Carbon Pulse - Fri, 2022-05-20 01:12
Two European Parliament committees have backed plans to swiftly launch an EU-wide fund tasked with supporting poorer people cope with rising heating and road mobility costs during the clean transition, voting results showed this week.
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Boeing aims for new test launch of Starliner astronaut capsule

BBC - Fri, 2022-05-20 01:03
The aerospace company hopes its Starliner vehicle can finally prove its capabilities in orbit.
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Extinction: Why scientists are freezing threatened species in 'biobanks'

BBC - Fri, 2022-05-20 01:00
Conservation scientists hope that preserving genetic material offers future insurance against extinction
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Pharmacy in the sea: Dolphins ‘use coral as medicine for skin ailments’

The Guardian - Fri, 2022-05-20 01:00

New research suggests the cetaceans may be self-medicating for their skin ailments, adding to evidence of the medicinal properties of some corals and sponges

Who doesn’t like a bath scrub? Dolphins definitely do: they are known for being clever, playful, tactile animals, and they like to rub against rough surfaces, nap in coral beds and soak on sponges like guests at an underwater spa.

However, dolphins may be getting more from their bath scrubs than just relaxation and leisure. A study published today suggests that bottlenose dolphins may be self-medicating their skin ailments with the help of corals, adding to growing research on their previously unexplored medicinal properties.

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Low-cost European airlines strengthen EUA hedging, forecast summer demand close to pre-pandemic levels

Carbon Pulse - Fri, 2022-05-20 00:51
Low-cost European carriers announced in quarterly reports this week that they had furthered their hedging of carbon emission allowances (EUAs) for 2022 and 2023 over the past three months, and cautiously expected demand to rebound back towards 2019 levels from the summer onwards.
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Investors paying lip-service to climate action, warns watchdog

Carbon Pulse - Fri, 2022-05-20 00:08
The global investment community is often paying lip-service to pledges to invoke climate action change, according to a report published by a watchdog group on Thursday, finding that financiers often lack the “ambition, transparency and accountability” needed to engage with companies on their transition goals.
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Australia ranks as world’s worst for pollution from coal fired power stations

RenewEconomy - Fri, 2022-05-20 00:01

New analysis shows Australia remains the world's highest per capita emitter from coal use.New analysis shows Australia remains the world's highest per capita emitter from coal generation, almost double the global average.

The post Australia ranks as world’s worst for pollution from coal fired power stations appeared first on RenewEconomy.

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ANALYSIS: Renewables offset projects flock to GCC despite uncertain rewards

Carbon Pulse - Thu, 2022-05-19 23:59
Around 220 renewable energy projects are queueing for registration with offset standard Global Carbon Council (GCC) despite uncertainty over market appetite for the units, should they be successful.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-05-19 22:08
EUA prices continued to slump on Thursday as a weak auction compounded bearish sentiment following EU proposals to sell allowances from the MSR to raise money to accelerate its clean energy expansion and shift away from Russian fossil fuel exports.
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