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Emitters padded their California Carbon Allowance (CCA) net length for the fifth week in a row, while financial players kept their positions mostly steady, according to US Commodity Futures Trading Commission (CFTC) data published Friday. 

The South African Treasury has rejected a plea from business groups to decelerate the government’s proposed trajectory of national carbon tax increases.

The Oregon Environmental Quality Commission (EQC) on Friday voted to increase the stringency of the GHG targets under the province’s low-carbon fuel standard, giving the state the deepest carbon intensity (CI) reduction goals in any North American programme.

A senior European energy and carbon analyst from a French bank has joined a London-based clean energy fund management company, Carbon Pulse has learned.

Countries from the Global North and South are diverging on the stringency of the post-2023 emissions baseline for the CORSIA global aviation offset mechanism, as UN body ICAO’s Council puts forth a compromise ahead of a decision next month.

Fridays for Future ‘strikes’ in about 450 places demanded rich countries pay for damage from global warming

Thousands of young people have staged a coordinated “global climate strike” across Asia, Africa and Europe in a call for reparations for those worst affected by climate breakdown.

From New Zealand and Japan to Germany and the Democratic Republic of Congo, activists walked out of schools, universities and jobs to demand rich countries pay for the damage global warming is inflicting on the poor.

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A ratings agency has placed three Uruguayan forestry projects “on watch” for a potential ratings change, alongside a methane recovery project in the Netherlands.

Pacific Island nation makes world-first call to halt the expansion of new fossil fuel projects through the establishment of an international treaty.

The post Vanuatu makes historic call for global treaty end fossil fuel era appeared first on RenewEconomy.

Czechia is proposing the EU raise most of a €20 billion RePowerEU revenue target from selling carbon allowances earmarked for the bloc’s Innovation Fund amid member state objections to solely exploiting units held in the MSR, an official told Carbon Pulse on Friday.

The Swiss executive governing body has approved three bilateral agreements with Morocco, Malawi, and Uruguay, creating the framework conditions for the country to trade international carbon emissions reductions units to count towards Paris Agreement climate goals.

The tiny South Pacific island nation of Vanuatu has been making waves at the UN this week, calling for an international mechanism to stop the expansion of all new fossil fuel projects.

The newly-installed UK government made a major energy security push on Friday, announcing plans to fast-track both low-carbon and fossil fuel projects even as it submitted a revised climate pledge to the UN detailing a pathway towards its binding 2050 net zero emissions target.

In my group, Nanas Against Fracking, we know community organising is not easy. But we are a force to be reckoned with

Hysterical “luddites” funded by Russia was how Jacob Rees-Mogg, in parliament yesterday, described concerned residents opposed to fracking in England. What a slap in the face for those of us who have spent more than a decade trying to protect our communities from the dangerous, polluting shale gas industry. We have never received so much as a rouble or a vodka shot for our efforts.

Here in Lancashire, we actually believed we had won this fight – twice. Our first victory was in 2015, when Lancashire county council rejected planning applications from the fracking firm Cuadrilla for two large sites between Preston and Blackpool. This decision was overruled by Westminster in 2016, and work began in 2017 to transform the Preston New Road site from a field where cows graze into a shale gas site. Nanas Against Fracking, a group I co-founded, started protesting at the site that day too, and continued for more than 1,000 days.

Tina Rothery is a Blackpool resident, campaigner and co-founder of Nanas Against Fracking

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UK allowances will maintain their premium to EUAs in the coming years as the British market remains structurally tighter than its European counterpart, even as forward hedging demand for UKAs declines over the rest of the decade, according to an analyst.

Participants view Milky Way and Andromeda galaxy as campaigners bemoan restrictions on right to roam

“Welcome to the night,” beamed a right to roam campaigner welcoming a coach load of city dwellers to the pitch dark stillness of remote Northumberland countryside on a chilly September evening.

The passengers had been attracted by a secretive offer spread on Instagram and by old-school posters pinned up in Newcastle.

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Wind could be more productive way than fracking to boost electricity supplies and bring down prices

Kwasi Kwarteng looks likely to lift a de facto ban on new onshore windfarms after the UK government said it would bring planning consent into line with that for other infrastructure.

It has been very difficult for onshore windfarms to get planning permission since David Cameron put in place a tough consent regime in 2015. Earlier this year, Kwarteng pushed for the restrictions to be lifted but he encountered cabinet opposition.

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EUAs tumbled as much as 5.5% on Friday morning as traders reacted to news that Germany is mulling an idea for a larger revenue target for allowances sales under the RePowerEU plan, while energy markets were marginally weaker as forecasts showed windy conditions and temperatures above seasonal norms.

The business secretary has been filmed trying to convince staff at the Department for Business, Energy and Industrial Strategy that ‘domestically’ produced gas is green, adding that this is why ‘we must get every cubic inch of gas out of the North Sea’. Jacob Rees-Mogg made the comments on Thursday at an internal meeting in which he gave his first address to BEIS staff since taking on the role

• Factcheck: is Jacob Rees-Mogg right that fracking is safe and vital?
  

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Studies collectively examined nearly 30,000 samples over the past five years in ‘disturbing’ findings

Toxic PFAS chemicals were detected in every umbilical cord blood sample across 40 studies conducted over the last five years, a new review of scientific literature from around the world has found.

The studies collectively examined nearly 30,000 samples, and many linked fetal PFAS exposure to health complications in unborn babies, young children and later in life. The studies’ findings are “disturbing”, said Uloma Uche, an environmental health science fellow with the Environmental Working Group, which analyzed the peer-reviewed studies’ data.

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Cost of safely clearing waste from ageing power stations is soaring, says Nuclear Decommissioning Authority

The cost of decommissioning the UK’s 20th-century nuclear waste could rise to £260bn as the aged and degrading sites present growing challenges, according to analysis presented to an international group of experts.

As the government pursues nuclear energy with the promise of a new generation of reactors, the cost of safely cleaning up waste from previous generations of power stations is soaring.

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