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Hong Kong stock exchange launches voluntary carbon market

Carbon Pulse - Fri, 2022-10-28 16:50
Hong Kong Exchanges and Clearing (HKEX) on Friday announced the launch of Core Climate, a new international carbon marketplace for voluntary carbon credits.
Categories: Around The Web

GGGI given green light for Article 6 Carbon Transaction Platform

Carbon Pulse - Fri, 2022-10-28 16:43
The Global Green Growth Institute (GGGI) has been given the go-ahead for its plans to set up the Carbon Transaction Platform (CTP), which it says will provide readiness support and create liquidity in the emerging global carbon market under the Paris Agreement.
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Australia’s reputation at risk on carbon accounting, climate finance at COP27, expert says

Carbon Pulse - Fri, 2022-10-28 16:20
Australia risks reputational and gross decarbonisation opportunities if it fails to properly ensure Paris Agreement carbon accounting rules are robust and it does not increase its efforts to provide adequate climate finance to neighbouring countries, according to a UN expert group member.  
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The profound link between the climate crisis and the ocean – in pictures

The Guardian - Fri, 2022-10-28 16:15

Ahead of Cop27 as part of a drive to increase the diversity of imagery showing the impact of climate on marine environments, Climate Visuals has released a new collection of evidence-based images. Here is a selection

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M&S is a shining example of how not to treat the high street – or the planet | Simon Jenkins

The Guardian - Fri, 2022-10-28 16:00

The retailer wants to knock down and rebuild its flagship store, or leave. It should do the latter, and let small shops thrive

An inquiry opened this week in Westminster that should be revolutionary. It is to decide, in a nutshell, whether the 50% of global carbon emissions embodied in the world’s built environment should be a factor in fighting the climate crisis. If we are all to account for the impact on global temperature rises of our eating, heating and travelling, why not our building?

The inquiry is centred on a decision by M&S to demolish and rebuild its flagship art deco store in London’s Oxford Street, a structure that for some reason was overlooked for listing as historic. We are told that the “embodied” carbon that would be released by the redevelopment is 40,000 tonnes, reportedly the same as would be emitted by a petrol-driven car journeying from the Earth to the Sun. Goodness knows the distance for the forest of slabs and towers now rising out of control on London’s skyline.

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UK should match Norway’s 78% North Sea oil and gas tax, thinktank says

The Guardian - Fri, 2022-10-28 15:00

Increasing windfall tax would help plug £40bn fiscal hole and keep energy bills low, analysis shows

A Norway-style windfall tax on energy companies could raise £33.3bn extra by 2027, plugging a hole in government finances and helping keep energy bills low, analysis has found.

The new chancellor, Jeremy Hunt, is looking at extending the “sunset clause” in the energy profits levy by two years beyond 2025 as a result of the booming profits fossil fuel companies have been recording owing to the war in Ukraine.

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We spoke to the exhausted flood-response teams in the Hunter Valley. Here's what they need when the next floods strike

The Conversation - Fri, 2022-10-28 15:00
We wanted to find out how agencies and communities are heeding the lessons of past floods to manage the wet summer Iftekhar Ahmed, Associate Professor, University of Newcastle Thomas Johnson, Associate Lecturer, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.
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Cement giant Heidelberg signs licence agreement to expand use of carbon capture tech

Carbon Pulse - Fri, 2022-10-28 13:45
A company that develops technologies for the decarbonisation of cement and lime has signed a perpetual global licence agreement with industry giant Heidelberg Materials, one of the largest building materials companies, they announced.
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NSW grants $3 million to Cannon-Brookes backed solar cell innovator

RenewEconomy - Fri, 2022-10-28 13:18

SunDrive is quickly emerging as a favourite child of public and private investors, with the lion's share of a NSW funding allocation going to the solar innovator.

The post NSW grants $3 million to Cannon-Brookes backed solar cell innovator appeared first on RenewEconomy.

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Forrest dives deeper into European green hydrogen with investment in Zhero

RenewEconomy - Fri, 2022-10-28 13:16

Iron ore billionaire Andrew Forrest’s green energy offshoot Fortescue Future Industries to invest in green hydrogen and renewable energy developer Zhero.

The post Forrest dives deeper into European green hydrogen with investment in Zhero appeared first on RenewEconomy.

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Dutton and Coalition still ignorant and deluded on battery storage and nuclear

RenewEconomy - Fri, 2022-10-28 13:01

Peter Dutton and the federal Coalition remain dangerously deluded about battery storage and nuclear power.

The post Dutton and Coalition still ignorant and deluded on battery storage and nuclear appeared first on RenewEconomy.

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“Curtain call” for fossil fuels: IEA says Ukraine war locks in shift to renewables

RenewEconomy - Fri, 2022-10-28 12:53

 Greenspot/Liberty Industrial).For first time, IEA forecasts global demand for fossil fuels will soon peak in all its scenarios as EV sales rise and the shift to wind and solar accelerates.

The post “Curtain call” for fossil fuels: IEA says Ukraine war locks in shift to renewables appeared first on RenewEconomy.

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CEFC backs developer’s 8GW of solar, wind and storage plans for Australia

RenewEconomy - Fri, 2022-10-28 12:27

wind farm acenAustralia's green bank tips $75m into a debt raise for ACEN Australia, to help fast-track delivery of 8GW pipeline of solar, wind, battery and pumped hydro.

The post CEFC backs developer’s 8GW of solar, wind and storage plans for Australia appeared first on RenewEconomy.

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What’s in the mud? Flood victims' fears eased by early test results

The Conversation - Fri, 2022-10-28 10:44
Foods stir up river sediments and can spread contaminants across the floodplain. It’s a risk in areas with a history of industrial pollution, like Maribyrnong, but EPA test results are reassuring. Mark Patrick Taylor, Victoria's Chief Environmental Scientist, EPA Victoria; Honorary Professor, School of Natural Sciences, Macquarie University Kara Fry, Honorary Researcher, School of Natural Sciences, Macquarie University Paul Leahy, Research Associate, RMIT STEM College, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Will energy bills ever come down? Only if Labor gets serious with gas majors

RenewEconomy - Fri, 2022-10-28 10:41

gas-flaring-methane-emissions-nature-EditIf Labor wants to stop prices skyrocketing, it must forcibly reserve gas for the east coast market. The question is, does it have the nerve?

The post Will energy bills ever come down? Only if Labor gets serious with gas majors appeared first on RenewEconomy.

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CP Daily: Thursday October 27, 2022

Carbon Pulse - Fri, 2022-10-28 10:39
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Personal carbon footprint-cutting app raises $10 mln from investors

Carbon Pulse - Fri, 2022-10-28 10:17
A personal carbon footprint-cutting app has raised $10 million in Series A funding from a group of high-profile investors.
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Energy Insiders Podcast: Ørsted’s big power play in Australia

RenewEconomy - Fri, 2022-10-28 10:07

Danish giant Ørsted is looking for a major play in Australia’s offshore wind industry, as well as onshore wind, solar and Power-to-X. Asia Pacific boss Per Kristensen explains why.

The post Energy Insiders Podcast: Ørsted’s big power play in Australia appeared first on RenewEconomy.

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When wind and solar replace fossil fuels, we will use less energy, save money, and won’t be as sick

RenewEconomy - Fri, 2022-10-28 09:23

Modelling for Australia economy shows rapid switch to renewables will save energy, save money, and deliver considerable health benefits.

The post When wind and solar replace fossil fuels, we will use less energy, save money, and won’t be as sick appeared first on RenewEconomy.

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California’s higher CI stringency targets bode well for LCFS credit price forecasts, say analysts

Carbon Pulse - Fri, 2022-10-28 09:08
A proposal by California's ARB to strengthen its carbon intensity (CI) reduction targets for transportation fuels is projected to deplete the state's low carbon fuel standard (LCFS) credit surplus bank, leading to a recovery in credit prices, a webinar hosted by an analysis firm heard on Thursday.
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