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Traders anticipate a steep discount to occur at the May 19 quarterly WCI auction, as California Carbon Allowance (CCA) prices have surged to near all-time highs on the secondary market this spring amid a wave of speculative interest.

Australia's gas export industry will be crushed by the shift to net zero emissions. Curiously, the gas industry failed to mention that.

The post Chart of the day: Australia’s gas exports must decline for world to meet net zero by 2050 appeared first on RenewEconomy.

The Atmospheric Sciences and Global Change Division at Pacific Northwest National Laboratory (PNNL) and its Maryland based Joint Global Change Research Institute (JGCRI) seeks a candidate for a research, modelling and analysis role.

Angus Taylor commits $600 million to Kurri Kurri gas plant, extending a remarkable fossil fuel subsidy spending spree, even by this government's standards.

The post Taylor commits $600m to Kurri Kurri gas in fossil fuel spending spree appeared first on RenewEconomy.

Paraquat's potentially lethal effects on humans are well known. But our research has found it also causes serious environmental damage. Nedeljka Rosic, Senior Lecturer, Southern Cross University Joanne Bradbury, Senior Lecturer, Evidence Based Healthcare, Faculty of Health, Southern Cross University, Southern Cross University Sandra Grace, Professor, Southern Cross University Licensed as Creative Commons – attribution, no derivatives.

Supermarkets and multinational manufacturers have unveiled a plastics pact across Australia, New Zealand and Pacific Islands

Australia will miss its 2025 targets to cut plastic pollution from packaging unless it shifts from voluntary programs to enforcement, an alliance of conservation groups and the Greens have said.

On Tuesday major supermarkets and multinational food and consumer goods manufacturers launched a new voluntary program across Australia, New Zealand and Pacific Islands with a goal that plastic “never becomes waste or pollution”.

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EUAs plunged 7% on Tuesday as a pause in carbon's record-breaking run and the onset of the first supply under the new UK ETS helped trigger widespread selling, dragging down much of the European energy complex.

US biofuel credits (RINs) for biodiesel hit the $2 mark on Tuesday as climbing soybean oil values continued to lead prices under the Renewable Fuel Standard (RFS) to new records.

Belarus is drafting a plan to shield itself from the effects of the EU’s planned carbon border adjustment mechanism (CBAM), a government official said Tuesday, according to national media reports.

Engie’s former head of carbon and power trading in China has left to take over as head of environmental product trading in Asia for a US-headquartered commodities merchant, in the latest sign that the CO2 trading job market in the Asia-Pacific region is heating up.

No new gas boilers should be sold from 2025 according to the the International Energy Agency.

Heralded as the ‘world’s biggest carbon market” for almost a decade, China’s national emissions trading scheme will likely be more modest than most of its peers when trading begins around a month from now, but stakeholders thought the market might still hold a few surprises.

Carbon pricing and specifically emissions trading systems can play an important role in incentivising removals necessary for achieving Paris Agreement emissions targets, according to the ICAP Secretariat.

A ban on new gas boilers from 2025 is one step to reach net-zero emissions by 2050, say energy experts.

Exclusive: consultations for asthma and other respiratory infections go up with increased dirty air, finds study

A “huge” increase in the number of visits to doctors by children with asthma problems occurs after a week of raised air pollution, according to a study. The number of inhaler prescriptions also increases significantly.

Dirty air is already known to increase hospital treatment for severe asthma attacks and other respiratory problems. But the new research is the first using clinical data to show increased illness among the much bigger number of people who seek treatment from their GP.

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There must be no more investment in new fossil fuel supply projects and no further sign-offs on unabated coal projects, the IEA said in a landmark report on how to achieve global net zero CO2 emissions in energy and industry without nature-based removals.

The UK is aiming to allocate the first free carbon allowances to emitters under its new ETS before the end of May, the government announced Tuesday, meaning trading in the market will very likely begin this week amid virtually no physical supply being available.

Nigel Topping acknowledges world is running out of time as he lobbies businesses and lawmakers in lead-up to Cop26 summit

The UK’s climate champion, Nigel Topping, says he is stubbornly optimistic that the world will converge on an agreement to forge a transition to a net zero future at the UN climate talks later this year.

Topping’s role in the run-up to the UN Cop26 climate summit, to be held in Glasgow in November, is to drive and encourage action from businesses, civil society, and local and regional government on climate change.

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Angus Taylor sets new regulations opening up Australian Renewable Energy Agency to support carbon capture and storage, and potentially gas projects.

The post Taylor files new regulations to push ARENA into CCS and gas projects appeared first on RenewEconomy.

Environmentalist actor, with other conservation groups, aims to rewild the entire archipelago and other Pacific islands in Latin America

Leonardo DiCaprio has announced a $43m (£30.4m) pledge to enact sweeping conservation operations across the Galápagos Islands, with his social media accounts taken over by a wildlife veterinarian and island restoration specialist.

The initiative, in partnership with Re:wild, an organisation founded this year by a group of renowned conservation scientists and DiCaprio, the Galápagos National Park Directorate, Island Conservation, and local communities, aims to rewild the entire Galápagos Islands, as well as all of Latin America’s Pacific archipelagos.

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