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US lab stands on threshold of key nuclear fusion goal

BBC - Wed, 2021-08-18 09:59
A US science institute is on the verge of achieving a longstanding goal in nuclear fusion research.
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Forrest says green hydrogen market could be worth $16 trillion by 2050

RenewEconomy - Wed, 2021-08-18 09:26

Andrew Forrest says green hydrogen market could be worth $16 trillion, and says fossil fuel hydrogen backed by Australian government is a "smokescreen".

The post Forrest says green hydrogen market could be worth $16 trillion by 2050 appeared first on RenewEconomy.

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Glencore lands veteran ex-banker to build EMEA carbon trading business

Carbon Pulse - Wed, 2021-08-18 08:33
Commodity trading house Glencore has hired a veteran environmental products expert in London to help build its growing global carbon trading business, which includes new hires in Asia.
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CEFC readies for big plunge into hydrogen after landmark battery and grid deals

RenewEconomy - Wed, 2021-08-18 08:31

CEFC looking at opportunities in green hydrogen after a year of big grid and big battery investments, and as it looks for "harder to abate" sectors.

The post CEFC readies for big plunge into hydrogen after landmark battery and grid deals appeared first on RenewEconomy.

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Quebec working to finalise new anaerobic digester offset protocol

Carbon Pulse - Wed, 2021-08-18 06:36
Quebec’s environment ministry (MELCC) is working to develop a draft later this year to expand the agency's existing livestock protocol, with the announcement coming amid a flurry of activity from the Canadian province on new and proposed compliance offset methodologies.
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Planning to plant an Australian native like wattle? Read this first — you might be spreading a weed

The Conversation - Wed, 2021-08-18 05:58
Not all Australian native species belong in all Australian environments. In fact, many Australian plant species have become pests in places far from their original homes. Could some be in your garden? Singarayer Florentine, Professor (Restoration Ecologist), Federation University Australia Licensed as Creative Commons – attribution, no derivatives.
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RFS Market: RINs stagnate as stakeholders await biofuel quotas

Carbon Pulse - Wed, 2021-08-18 03:42
US biofuel credit (RIN) values have remained rangebound over much of August on a lack of drivers and as market participants await the release of this year’s biofuel quotas under the Renewable Fuel Standard (RFS).
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Astronomers see galaxies in ultra-high definition

BBC - Wed, 2021-08-18 03:26
Researchers capture some of the most detailed images ever seen of galaxies in deep space.
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Fortum’s Russian coal shift can’t halt massive jump in carbon footprint

Carbon Pulse - Wed, 2021-08-18 02:36
Finnish energy company Fortum is on track to meet its own climate targets after striking a deal to sell coal assets, the company said in results on Tuesday despite reporting a major rise in emissions.
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California outlines initial scenarios that may exceed 2030 GHG goal

Carbon Pulse - Wed, 2021-08-18 02:02
California regulator ARB will ask for stakeholder feedback on Tuesday about whether to set a more ambitious 2030 carbon abatement goal during the 2022 Scoping Plan process, while also contemplating other mechanisms to drive emissions reductions in the Golden State.
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UK medical schools must teach about climate crisis, say students

The Guardian - Tue, 2021-08-17 23:27

Extreme weather events widen existing inequalities and traumatise victims while climate anxiety affects mental health

Medical students are demanding their schools include the climate crisis as a core component of the curriculum, as the intensifying climate emergency highlights the corresponding health crisis.

Hannah Chase, a final year medical student at Oxford said the sense of urgency hit home recently when a fellow student confessed they didn’t believe in climate change. “It just shows that we make such assumptions,” said Chase. “It’s needed, this education.”

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2021-08-17 21:29
EUAs struggled to overcome their recent high in early Tuesday trading, while natural gas prices shrugged off early losses triggered by reports of increased flows of Russian gas into Europe.
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Stop the east African oil pipeline now | Bill McKibben, Diana Nabiruma and Omar Elmawi

The Guardian - Tue, 2021-08-17 21:14

The fate of a planned line from Uganda to Tanzania will be the first test of whether anyone was listening to António Guterres’ call to end fossil fuels

If there is one world leader trying to look out for the planet as a whole, not just their own nation, it’s the UN secretary general. Last week, António Guterres was resolute in the wake of the damning report from the IPCC on the perilious climate crisis. It should, he said, sound “a death knell for coal and fossil fuels, before they destroy our planet”.

He called for an end to “all new fossil fuel exploration and production”, and told countries to shift fossil fuel subsidies into renewable energy.

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Categories: Around The Web

Beijing wants clean hydrogen to earn CCERs in new plan

Carbon Pulse - Tue, 2021-08-17 21:11
The Beijing municipal government on Tuesday unveiled a five-year plan for hydrogen, which included developing a methodology to allow clean hydrogen to earn carbon offsets.
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Exxon’s oil drilling gamble off Guyana coast ‘poses major environmental risk’

The Guardian - Tue, 2021-08-17 20:15

Experts warn of potential for disaster as Exxon pursues 9bn barrels in sensitive marine ecosystem

ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to adequately prepare for possible disaster, the Guardian and Floodlight have found.

Exxon has been extracting oil from Liza 1, an ultra-deepwater drilling operation, since 2019 – part of an expansive project spanning more than 6m acres off the coast of Guyana that includes 17 additional prospects in the exploration and preparatory phases.

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South Pole teams up with community group to develop Australian offsets

Carbon Pulse - Tue, 2021-08-17 19:04
Developer South Pole has partnered with a local community group to establish nature-based offset projects in New South Wales, Australia.
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China hopes to open ETS door to financials before year-end -exchange

Carbon Pulse - Tue, 2021-08-17 18:33
China is hopeful institutional investors will be able to trade in the national emissions trading scheme by year-end, an exchange official told state media this week, a move considered vital to ignite the market’s liquidity.
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EU CBAM to have marginal impact on Australian exports, but could offer opportunities -report

Carbon Pulse - Tue, 2021-08-17 18:02
The EU’s proposed carbon border adjustment mechanism (CBAM) will only have marginal impacts on Australian exports, and could even boost the country’s competitiveness in Europe in the near term, the Australian industry (Ai) Group said Tuesday.
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ETS could cut 30-60% of China’s emissions over time, report finds

Carbon Pulse - Tue, 2021-08-17 16:28
China’s national emissions trading scheme could drive reductions of 30-60% of the nation’s current carbon output by 2060, though is unlikely to have much impact in the near term, found a report released Tuesday.
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Global water crisis will intensify with climate breakdown, says report

The Guardian - Tue, 2021-08-17 16:00

Flooding, droughts and wildfires will worsen as global heating disrupts the planet’s water cycle

Water problems – drought, with its accompanying wildfires, and flooding – are likely to become much worse around the world as climate breakdown takes hold, according to the biggest assessment of climate science to date.

Global heating of at least 1.5C is likely to happen within the next two decades, according to the Intergovernmental Panel on Climate Change. Temperature rises will be accompanied by big changes in the planet’s water cycle, with areas that are already wet becoming much wetter, and already arid areas becoming prone to greater drought. Extreme rainfall intensifies by 7% for each additional 1C of global heating, the report found.

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