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Better net zero alignment is driving record ETS prices and revenues -study

Carbon Pulse - Wed, 2022-03-30 04:25
Emissions trading systems (ETS) worldwide have begun to align their emissions ambitions with net zero targets, boosting allowance prices and more than doubling government revenue in 2021, a research report outlined on Tuesday.
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Chevron announces first offset project, launches voluntary tool

Carbon Pulse - Wed, 2022-03-30 04:09
US oil major Chevron has picked a reforestation project in Louisiana as its first carbon credit project, the company said Tuesday while also launching a tool to help motorists offset their climate impact.
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Dead eagle found in Dorset was poisoned but case closed, police confirm

The Guardian - Wed, 2022-03-30 02:31

Rare white-tailed eagle had high level of rodenticide in its system but no further police action will be taken

A rare white-tailed eagle found dead in Dorset was poisoned, police have confirmed – but they have shut the case, in a decision the RSPB has called “baffling”.

The eagle was one reintroduced on the Isle of Wight, where a successful programme has been taking place since summer 2019. The white-tailed eagles had become extinct in the UK in the early 20th century after they were poisoned and shot by gamekeepers.

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NSW puts out call for wind farms to be located in pine plantations

RenewEconomy - Tue, 2022-03-29 23:32

NSW seeks expressions for interest from wind developers to build renewable energy stations in state forests.

The post NSW puts out call for wind farms to be located in pine plantations appeared first on RenewEconomy.

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Australia gets a fail-grade for climate action, falls behind G20 peers

RenewEconomy - Tue, 2022-03-29 23:01

 PA/Andrew Milligan.Australia given a fail-grade for climate policies in new BloombergNEF assessment, after being one of the few G20 countries actually going backwards in the last year.

The post Australia gets a fail-grade for climate action, falls behind G20 peers appeared first on RenewEconomy.

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Senior Associate (Carbon Markets), KAPSARC – Riyadh

Carbon Pulse - Tue, 2022-03-29 22:40
KAPSARC seeks to hire a highly motivated and driven Senior Associate to support the center’s new research project on Carbon Markets and Paris Agreement Article 6 and contribute to building the Center’s in-house expertise on carbon markets.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-03-29 22:19
EUAs were little changed after a calm morning on Tuesday as the market traded in its narrowest range in four months, while energy prices erased Monday's losses amid forecasts for colder weather.
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Forrest strikes huge $50 billion green hydrogen plan with German energy giant E.ON

RenewEconomy - Tue, 2022-03-29 22:19

Fortescue Future Industries Chairman Andrew Forrest poses for a photograph in Sydney. (AAP Image/Bianca De Marchi)Forrest strikes huge plan with German energy giant E.ON to produce five million tonnes of green hydrogen a year by 2030, using Australian renewables.

The post Forrest strikes huge $50 billion green hydrogen plan with German energy giant E.ON appeared first on RenewEconomy.

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Offset ratings firm Sylvera expands carbon credit pricing offering

Carbon Pulse - Tue, 2022-03-29 21:58
Carbon offset ratings provider Sylvera on Tuesday announced the introduction of a carbon credit pricing offering into its intelligence platform.
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Adders and slowworms to gain extra protection under new system in England

The Guardian - Tue, 2022-03-29 21:55

Slowworms thrive in brownfield sites – often targeted for development

Adders and slowworms will be among animals given extra protection under plans by the government to “streamline” the process for protecting nature-rich areas.

George Eustice, the environment secretary, said that he plans for brownfield and urban sites to be given greater protection as he scraps sites of special scientific interest (SSSIs) and special protected areas (SPAs), in order to replace them with a streamlined system.

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Investment bank hires ex-Mercuria trader as head of global carbon

Carbon Pulse - Tue, 2022-03-29 20:48
A former VP for emissions with trading house Mercuria has moved on to become the head of global carbon at a large investment bank, Carbon Pulse has learned.
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Firms form venture to develop forward-based OTC services for China’s power, carbon markets

Carbon Pulse - Tue, 2022-03-29 20:42
A group of energy, financial, and data firms actors have teamed up to develop data and analytics services for China’s OTC power and carbon markets to bring those markets beyond their current dependence on spot deals.
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Federal budget slammed as another “massive missed opportunity” for climate action

RenewEconomy - Tue, 2022-03-29 20:33

Australian Treasurer Josh Frydenberg is congratulated by Australian Prime Minister Scott Morrison after handing down his fourth budget in the House of Representatives at Parliament House in Canberra. (AAP Image/Lukas Coch)The 2022 federal budget slammed for prioritising fossil fuels over climate action, labelled "bad economic policy".

The post Federal budget slammed as another “massive missed opportunity” for climate action appeared first on RenewEconomy.

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Abu Dhabi finance centre partners with Singapore outfit to set up first regulated carbon exchange

Carbon Pulse - Tue, 2022-03-29 20:15
Abu Dhabi Global Market (ADGM) will establish a fully regulated carbon trading exchange and carbon clearing house, the world’s first, in a partnership with Singapore-based AirCarbon Exchange (ACX), the UAE-based international financial centre announced on Tuesday.
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Climate spending cut as Frydenberg delivers empty budget for clean energy and EVs

RenewEconomy - Tue, 2022-03-29 19:56

Treasurer Josh Frydenberg and Minister for Finance Simon Birmingham pose for the media with the 2022/23 federal budget at Parliament House in Canberra, Tuesday, March 29, 2022. Treasurer Fydenberg will today hand down the 2022/23 federal budget. (AAP Image/Mick Tsikas)The Morrison government will cut spending on climate action, with clean energy and electric vehicles neglected. Fossil fuel subsidies get a boost.

The post Climate spending cut as Frydenberg delivers empty budget for clean energy and EVs appeared first on RenewEconomy.

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Japan lines up multiple new potential partner nations for carbon offset scheme

Carbon Pulse - Tue, 2022-03-29 19:29
Japan is in talks with several countries to join its Joint Crediting Mechanism (JCM), as the government seeks to scale up the generation of carbon credits.
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Another mass bleaching event is devastating the Great Barrier Reef. What will it take for coral to survive?

The Conversation - Tue, 2022-03-29 13:49
Coral reefs that suffer widespread bleaching can still recover if conditions improve, but it’s estimated to take up to 12 years. And that’s if no more bleaching events occur. Adam Smith, Adjunct Associate Professor, James Cook University Nathan Cook, Marine Scientist, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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FactCheck: Energy minister Angus Taylor misleads on oil reserves in Australia

RenewEconomy - Tue, 2022-03-29 13:21

Minister for Energy Angus Taylor arrives at a press conference at Parliament House in Canberra. (AAP Image/Mick Tsikas)Angus Taylor's attempt to quell public concern about rising fuel prices and global oil shortages are misleading.

The post FactCheck: Energy minister Angus Taylor misleads on oil reserves in Australia appeared first on RenewEconomy.

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Switching to renewables is most effective way to prevent gas shortfalls, AEMO says

RenewEconomy - Tue, 2022-03-29 13:00

AEMO punctures Angus Taylor's claims of a ‘European style’ gas shortage, saying switch to renewables and electrification will slash gas demand.

The post Switching to renewables is most effective way to prevent gas shortfalls, AEMO says appeared first on RenewEconomy.

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“It will be built:” NT legislates to help deliver world’s biggest solar and battery project

RenewEconomy - Tue, 2022-03-29 11:45

sun cable solar and batteryNorthern Territory government further backs Sun Cable's massive $30 billion renewables export project with passage of new Solar Project Bill.

The post “It will be built:” NT legislates to help deliver world’s biggest solar and battery project appeared first on RenewEconomy.

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