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Iberian hydro continues to suffer as Iberdrola reports 21.6% rise in ETS-covered fossil output

Carbon Pulse - Wed, 2022-07-27 23:49
Utility Iberdrola posted on Wednesday a strong rise in gas-fired generation to send its ETS-covered output rising by more than one fifth year-on-year in H1, while hydro generation in Spain slumped some 52% due to drought across the country.
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James Lovelock, creator of Gaia hypothesis, dies on 103rd birthday

The Guardian - Wed, 2022-07-27 23:40

The scientist was best known for his theory that the Earth is a self-regulating community of organisms

James Lovelock, the creator of the Gaia hypothesis, has died on his 103rd birthday.

The climate scientist died at home surrounded by loved ones, his family said in a statement.

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Euro Markets: EUAs add a further 1.4% as traders assess margin call threat

Carbon Pulse - Wed, 2022-07-27 22:00
EUAs opened with relative calm on Wednesday following multiple volatile sessions over the past week, trading flat across the first hours before finding strength as the Dec-22 moved to a 1.4% gain at midday.
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South Australia’s newest solar farm secures off take with local business group

RenewEconomy - Wed, 2022-07-27 21:35

tailem bend solar farm suppliedGarnaut's Zen Energy secures long term off take with newest solar farm in South Australia on behalf of a local business buyers group.

The post South Australia’s newest solar farm secures off take with local business group appeared first on RenewEconomy.

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Lower cost for direct air capture means net zero less costly and more likely -report

Carbon Pulse - Wed, 2022-07-27 21:29
The use of direct air capture with CCS, or DACCS, would reduce the total cost of decarbonisation in meeting global climate goals in a long term scenario where deploying the technology at scale is low cost, while also making it more likely that net zero emissions can be reached, according to a report released this week.
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Looking for someone to blame for the extreme heat? Try Wall Street | Alec Connon

The Guardian - Wed, 2022-07-27 20:18

Banks’ financing of coal, oil, and gas was higher in 2021 than it was in 2016, the year after the Paris agreement was adopted

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China’s Supreme Court backs stronger carbon market regulations

Carbon Pulse - Wed, 2022-07-27 19:49
China’s highest court has recommended complementing current regulations concerning the activities in carbon markets, in a move backing long-awaited legislation for the country's national emissions trading scheme (ETS).
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BBC criticised over climate question in Tory leadership debate

The Guardian - Wed, 2022-07-27 19:36

Campaigners say question about individual action was irresponsible and too little time spent on subject

A group of environmental organisations and campaigners have written to the BBC to rebuke it for inadequate questioning about the climate crisis during Monday’s Tory leadership debate.

Just one question on the environment was asked in the debate, and it put the onus on individuals rather than leaders to act on the climate.

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Australian Market Roundup: Regulator makes large ACCU issuance, as govt introduces climate bill

Carbon Pulse - Wed, 2022-07-27 19:22
Australia’s Clean Energy Regulator has issued around 1.2 million new Australian Carbon Credit Units (ACCUs) to carbon projects, as the Labor Party government on Wednesday introduced its Climate Change Bill to the House of Representatives.
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Global group established to promote nuclear power as source for hydrogen

Carbon Pulse - Wed, 2022-07-27 18:35
A coalition comprising of over 40 industry, government, academic, and non-profit group participants has formed the Nuclear Hydrogen Initiative, a body that will seek to advance the role of hydrogen sourced from nuclear power as a climate change mitigation solution.
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China ETS unlikely to trigger short-term cost spikes for power industry, analysts say

Carbon Pulse - Wed, 2022-07-27 18:19
The roll-out of China’s national carbon emission trading scheme (ETS) is unlikely to push up near-term cost levels for thermal power plants, though compliance costs could increase in the long run, according to a report by rating agency Fitch.
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Vietnam releases comprehensive national climate strategy to cut emissions by 43% by 2030

Carbon Pulse - Wed, 2022-07-27 17:52
The Vietnamese government has signed a decree to dramatically ramp up its climate and energy initiatives that would result in an emissions reduction cut of 43.5% below business-as-usual levels in 2030, on the way to net zero by 2050, a far more ambitious target than outlined in its NDC.
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Air pollution is ‘likely’ to raise dementia risk, find UK government experts

The Guardian - Wed, 2022-07-27 16:25

Cognitive decline in older people more likely to be accelerated by exposure to emissions, finds review of 70 studies

Air pollution is likely to increase the risk of developing dementia, a government research group has said.

The Committee on the Medical Effects of Air Pollutants has published its findings after reviewing almost 70 studies which analysed how exposure to emissions affect the brain over time.

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Australia’s Westpac bank sets sectoral carbon emissions targets, plans future offset review

Carbon Pulse - Wed, 2022-07-27 15:50
Big Australian bank Westpac outlined on Wednesday new and updated emissions targets to be reached by 2030 for its lending portfolio and has stated that it plans to review the role that carbon offsets can play in the future to meet its longer-term decarbonisation objectives.
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Labor has introduced its controversial climate bill to parliament. Here's how to give it real teeth

The Conversation - Wed, 2022-07-27 14:44
Labor won’t concede to the Greens’ core demands on the bill, but a climate “trigger” on new developments could ensure the bill has real force. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Bowen says historic Climate Bill “not a limit on ambition”, but NGOs want more

RenewEconomy - Wed, 2022-07-27 14:35

Energy and climate minister says Climate Bill is most important for its message of "stable, clear and coherent and necessary policy."

The post Bowen says historic Climate Bill “not a limit on ambition”, but NGOs want more appeared first on RenewEconomy.

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Origin supports separate auction for coal to ensure capacity market focused on renewable future

RenewEconomy - Wed, 2022-07-27 13:47

Neoen Tesla Big Battery VictoriaOwner of Australia's biggest coal generator supports split auctions in proposed capacity market, as UK proposes its own split market for renewables.

The post Origin supports separate auction for coal to ensure capacity market focused on renewable future appeared first on RenewEconomy.

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Why does my cat kick litter all over the place? 4 tips from cat experts

The Conversation - Wed, 2022-07-27 13:34
Digging is a natural and important behaviour for cats – trying to interrupt it may cause stress and confusion for your pet. But if your cat is kicking litter everywhere, here are a few tips to try. Susan Hazel, Senior Lecturer, School of Animal and Veterinary Science, University of Adelaide Julia Henning, PhD Candidate, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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NZ’s CCC recommends major overhaul of ETS, NZUs jump 11%  

Carbon Pulse - Wed, 2022-07-27 13:30
New Zealand’s Climate Change Commission has recommended sweeping changes to the settings of the country’s ETS, sending the NZU spot price up by 11%.  
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Albanese dissembles on Australia’s fossil fuel exports, and he knows it

RenewEconomy - Wed, 2022-07-27 13:10

Australian Prime Minister Anthony Albanese speaks to the media during a press conference ahead of the NATO Leaders’ Summit in Madrid. (AAP Image/Lukas Coch)Albanese says he does not support a ban on new coal and gas because it would be replaced by other producers and Australia would lose. Let's unpack that.

The post Albanese dissembles on Australia’s fossil fuel exports, and he knows it appeared first on RenewEconomy.

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