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A wet spring: what is a 'negative Indian Ocean Dipole' and why does it mean more rain for Australia's east?

The Conversation - Fri, 2022-08-05 10:33
Will spring bring an end to the cold and the rain? Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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NA Markets: CCAs surge while RGAs stagnate in legal quagmire

Carbon Pulse - Fri, 2022-08-05 09:00
California Carbon Allowance (CCA) prices climbed on purchases believed to be generated from funds along with an uptick in broader market sentiment, while RGGI Allowances (RGAs) were relatively flat this week, as Pennsylvania’s future in the 11-state cap-and-trade programme remains mired in uncertainty.
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Green group sues Virginia over release of AG opinion on RGGI withdrawal

Carbon Pulse - Fri, 2022-08-05 08:43
A green group has sued Virginia's government to force it to release a document that the environmental organisation says contains an opinion from the state’s attorney general’s office indicating that Gov. Glenn Youngkin (R) cannot withdraw Virginia from RGGI.
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ANALYSIS: Could VCM regulatory oversight move beyond US futures?

Carbon Pulse - Fri, 2022-08-05 07:29
Regulators' interest in the voluntary carbon market (VCM) has grown alongside its bloom, with the US Commodity Futures Trading Commission (CFTC) the latest US agency contemplating oversight through a variety of channels that stretch beyond derivative products.
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FEATURE: Scramble for arms to threaten global net zero goals

Carbon Pulse - Fri, 2022-08-05 03:54
The escalation of war in Europe and in other regions may hamper efforts to slash planet-warming gases, as newly beefed-up defence spending risks driving sectoral emissions to record highs.
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New Victorian laws targeting peaceful protesters should send a chill up our spines

The Guardian - Fri, 2022-08-05 03:30

Australia has a rich history of environmental protest. We shouldn’t threaten communities trying to speak out

Coming from Sri Lanka, where dissent has been violently quashed and stable government broke down, I know how important it is to sound the alarm when our democracy is being threatened.

My first experience of protest was watching my primary school teachers strike to gain better working conditions. The biggest was the rally to protest the war in Iraq in Melbourne. The most moving have been those to free asylum seekers from detention.

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Source of River Thames dries out ‘for first time’ during drought

The Guardian - Fri, 2022-08-05 03:15

Thames Head is now more than 2 miles downstream as forecaster warn of further high temperatures to come

The source of the Thames has dried up during the drought, with river experts saying it is the first time they have seen it happen while forecasters warn of further high temperatures to come.

The river’s source has shifted from its official start point outside Cirencester during the continuing dry weather and is now more than 2.4 miles (4km) downstream.

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Xpansiv to buy Evolution Markets to create carbon powerhouse

Carbon Pulse - Fri, 2022-08-05 02:52
A powerhouse is being created in the carbon market after Xpansiv, the leading platform for environmental markets, including the CBL platform for the voluntary carbon market (VCM), announced Thursday it is acquiring Evolution Markets, one of the largest brokerage firms.
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Floods, storms and heatwaves are a direct product of the climate crisis – that’s a fact, so where is the action? | John Vidal

The Guardian - Fri, 2022-08-05 02:21

As Guardian analysis reveals that human-caused global heating is driving more frequent and deadly weather disasters, there is no place for denialism any more

Revealed: how climate breakdown is supercharging toll of extreme weather

In November 2015, prolonged and heavy rainfall dumped 341mm (13.4in) of rain in Honister, Cumbria, within 24 hours. Just as in 2009 and again in 2013, when massive rainstorms inundated Cumbria and the West Country, lives were lost, thousands of homes were flooded, it took months to recover from and cost hundreds of millions of pounds.

But how far have these winter storms been caused by the climate crisis? Until 2015, the stock answer of government and meteorologists was that it was impossible to attribute the climate emergency to any particular weather event and that they were most likely extreme, once-in-a-century disasters and by implication not much for politicians to worry about.

John Vidal is a former Guardian environment editor

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Revealed: how climate breakdown is supercharging toll of extreme weather

The Guardian - Fri, 2022-08-05 01:37

Guardian analysis shows human-caused global heating is driving more frequent and deadly disasters across the planet, in most comprehensive compilation to date

The devastating intensification of extreme weather is laid bare today in a Guardian analysis that shows how people across the world are losing their lives and livelihoods due to more deadly and more frequent heatwaves, floods, wildfires and droughts brought by the climate crisis.

The analysis of hundreds of scientific studies – the most comprehensive compilation to date – demonstrates beyond any doubt how humanity’s vast carbon emissions are forcing the climate to disastrous new extremes. At least a dozen of the most serious events, from killer heatwaves to broiling seas, would have been all but impossible without human-caused global heating, the analysis found.

The 12 events deemed virtually impossible without humanity’s destabilisation of the climate span the globe, including intense heatwaves in North America, Europe and Japan, soaring temperatures in Siberia and sweltering seas off Australia.

Seventy-one per cent of the 500 extreme weather events and trends in the database were found to have been made more likely or more severe by human-caused climate change, including 93% of heatwaves, 68% of droughts and 56% of floods or heavy rain. Only 9% of the events were less likely, mostly cold snaps and snowstorms.

One in three deaths caused by summer heat over the last three decades was the direct result of human-caused global heating, implying a toll of millions.

Huge financial costs are also now attributable to human influence on the climate, such as $67bn of damages when Hurricane Harvey smashed into Texas and Louisiana in 2017, which was 75% of the total damages from the storm.

Global heating has been hurting us for far longer than commonly assumed, with traces of its influence as far back as the heatwaves and droughts that triggered the infamous Dust Bowl in the US in the mid-1930s.

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‘Generally ignored’ species face twice the extinction threat, warns study

The Guardian - Fri, 2022-08-05 01:00

Wildlife with little data faces double the risk of dying out – which may mean many more species are endangered than previously thought

Plants and animals that do not have enough data to be properly assessed appear to be at twice the risk of extinction as those that have been evaluated, meaning more species may face being wiped off the planet than previously thought, a study has warned.

Researchers looked at the extinction risk of species assessed on the red list of endangered species and found that 56% of species in the data deficient (DD) category were threatened, compared with 28% of those that had been assessed.

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Estonian firm to launch combined carbon, biodiversity token

Carbon Pulse - Fri, 2022-08-05 00:48
A venture capital-backed Estonian start-up is launching a combined carbon and biodiversity token for blockchain buyers, saying traditional carbon credits might help the climate but not the biosphere.
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Crypto activists plans to turn oil block in DRC into VCM project

Carbon Pulse - Thu, 2022-08-04 23:23
Some of the crypto community are planning to save at least one oil block put up for sale in the Democratic Republic of Congo (DRC) by turning their conservation efforts into a voluntary carbon market (VCM) project.
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Rare coloured sea slug spotted in British waters for first time

The Guardian - Thu, 2022-08-04 22:56

The Babakina anadoni – less than half the size of a little finger – was sighted off the Isles of Scilly

An extremely rare multi-coloured sea slug has been spotted in British waters for the first time.

The multi-coloured sea slug, Babakina anadoni, measures just 2cm in length and was confirmed as a first sighting by the Cornwall Wildlife Trust and the Isles of Scilly Wildlife Trust.

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How Australia created its own gas price mess

RenewEconomy - Thu, 2022-08-04 22:37

Liquefied natural gas lng carrier ship with five tanks 1200 - optimisedThe problems we face today with gas prices and supply are a result of decisions made almost 30 years ago that have been systematically ignored by governments.

The post How Australia created its own gas price mess appeared first on RenewEconomy.

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Huge 1,000MWh battery at site of closed coal plant gets NSW planning approval

RenewEconomy - Thu, 2022-08-04 22:13

A huge 1000MWh battery proposed for site of former coal fired power station near Lithgow gets NSW planning approval.

The post Huge 1,000MWh battery at site of closed coal plant gets NSW planning approval appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-08-04 21:43
EUAs were little changed in the morning session on Thursday after a weak auction result dragged prices back from a 12-day high, while energy markets relaxed slightly on news that a major US Gulf LNG export terminal would restart faster than expected after repairs.
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Pellet imports from Estonia may breach UK sustainability law

Carbon Pulse - Thu, 2022-08-04 21:16
A new analysis published by a coalition of environmental groups in the UK has argued that the country's demand for wood pellets to generate biomass energy is harming Estonia’s forests and ecosystems, including protected nature reserves.
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Analysts cautiously optimistic for India’s carbon market framework as details still to emerge

Carbon Pulse - Thu, 2022-08-04 20:16
A bill to establish a national framework for carbon market trading and mandate low carbon energy use that was introduced to India’s parliament on Tuesday has been met with cautious optimism by analysts, with specific details over how it will operate to further the government’s emissions reduction agenda still to be developed.
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Global heating means almost every sea turtle in Florida now born female

The Guardian - Thu, 2022-08-04 20:00

Rising temperatures have made beach sand so warm that eggs incubate above 31C and are overwhelmingly born female – experts

Nearly every sea turtle born on the beaches of Florida in the past four years has been female, according to scientists.

The spike in female baby turtles comes as a result of intense heatwaves triggered by a growing climate crisis that is significantly warming up the sands on some beaches, as CNN reported this week.

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