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EU launches plan to bolster wind power rollout, reports progress on energy security and emissions cuts

Carbon Pulse - Wed, 2023-10-25 00:32
The European Commission unveiled plans to bolster the EU's faltering wind power capacity rollout on Tuesday, while reporting that the bloc was on track in its efforts to exit Russian fossil fuels despite patchy national progress on decarbonisation.   
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RWE notches 24% drop in fossil-based power output over first nine months of year

Carbon Pulse - Wed, 2023-10-25 00:08
RWE reported a drop of almost a quarter in its ETS-covered thermal power output over the first nine months, according to preliminary results published on Tuesday that showed an acceleration of coal decline over the past quarter.
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Imagine more dragons: US biotech firm aims to breed tiny Australian lizard that is near extinction

The Guardian - Wed, 2023-10-25 00:00

Colossal Biosciences, which is behind bid to bring back Tasmanian tiger, teams up with Melbourne Zoo to save tiny reptile

A US biotechnology “de-extinction” company behind efforts to bring the Tasmanian tiger, woolly mammoth and dodo back from the dead is backing a project to save a tiny Australian dragon.

The support from Colossal Biosciences for a project to restore the Victorian grassland earless dragon – which was feared extinct before being rediscovered in the wild this year – was announced as the company’s representatives visited Tasmania to speak with officials about their plans and inspect a potential thylacine rewilding site.

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Earth’s ‘vital signs’ worse than at any time in human history, scientists warn

The Guardian - Wed, 2023-10-25 00:00

Life on planet is in peril, say climate experts, as they call for a rapid and just transition to a sustainable future

Earth’s “vital signs” are worse than at any time in human history, an international team of scientists has warned, meaning life on the planet is in peril.

Their report found that 20 of the 35 planetary vital signs they use to track the climate crisis are at record extremes. As well as greenhouse gas emissions, global temperature and sea level rise, the indicators also include human and livestock population numbers.

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Dear winter, apparently writing a letter to you can help me hate you less | Anita Chaudhuri

The Guardian - Tue, 2023-10-24 23:21

Research suggests writing down your ‘feelings’ about winter can help with seasonal affective disorder. I’m willing to give it a go

Dear winter,

It seems that you intend to visit us again this year. I just want to make it clear – because researchers have found that expressing “feelings” about you in the form of a “dear winter” letter could make me less miserable at this time of year – that I did not invite you.

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Global progress on deforestation not just off-track but getting worse, groups say

Carbon Pulse - Tue, 2023-10-24 22:14
A new study produced by a collection of NGOs, think tanks, and academics said that international commitments to halt deforestation have not yet been backed up by sufficient action or funding to tackle the challenge.
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EU-funded Align project launches biodiversity measurement guidance

Carbon Pulse - Tue, 2023-10-24 22:12
Three sets of guidance for measuring biodiversity covering direct operations, supply chains, and ecosystem conditions have been launched by the EU Commission-funded Aligning Accounting Approaches for Nature (Align).
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China releases four methodologies for revamped CCER scheme

Carbon Pulse - Tue, 2023-10-24 22:10
China on Tuesday published methodologies for four project types that will be eligible to generate Chinese Certified Emissions Reductions (CCERs), providing clarity for developers and investors.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2023-10-24 21:36
European carbon prices made a small recovery on Tuesday morning after the market had dropped to a two-month low on Monday, as prompt gas prices ticked up despite a generally bearish fundamental outlook and weaker TTF prices further along the curve.
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Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030

RenewEconomy - Tue, 2023-10-24 20:10

Busy highwayIEA, for first time, says demand for oil, gas and coal will all peak by 2030, but must fall sharply before then if agreed climate targets are to be met.

The post Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030 appeared first on RenewEconomy.

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‘First ever’ positive impact of biodiversity fund measured

Carbon Pulse - Tue, 2023-10-24 20:09
Biodiversity over an area equivalent to at least 3,000 hectares was supported by ASN Impact Investor’s biodiversity fund last year, according to the “first” measuring of positive nature impact by an investment manager, it said.
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Wind and solar smash records as renewables reach new peak of 72.5 pct on main grid

RenewEconomy - Tue, 2023-10-24 19:48

Wind and solar deliver more than 70 pct of generation on main grid for first time, as the share of renewables hits a new instantaneous peak of 72.5 pct.

The post Wind and solar smash records as renewables reach new peak of 72.5 pct on main grid appeared first on RenewEconomy.

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US companies double down on oil outlook after Chevron’s $53 bln Hess deal

Carbon Pulse - Tue, 2023-10-24 19:43
The bifurcation of the global oil patch grew this week once again as Chevron bought its US peer Hess for $53 billion, giving it control of billions of barrels of reserves offshore Guyana, one of the most prolific oil provinces in the world, and signalling American oil companies have very different views of the energy transition compared to other independent majors.
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EU’s carbon removal certification bill passes first Parliament step with wide support

Carbon Pulse - Tue, 2023-10-24 18:27
The EU’s first draft legislation defining a framework for certifying carbon removals was backed almost unanimously during a vote in the European Parliament’s cross-party environment committee on Tuesday.
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Big batteries and demand response dominate new very fast frequency control market

RenewEconomy - Tue, 2023-10-24 18:20

Australia has a new energy market - for very fast frequency control - that has attracted huge interest from flexible technologies such as battery storage and demand response.

The post Big batteries and demand response dominate new very fast frequency control market appeared first on RenewEconomy.

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Multilaterals are too dominant in global climate, development funds -paper

Carbon Pulse - Tue, 2023-10-24 17:50
Global development mechanisms like the Green Climate Fund (GCF) have become too easily dominated by multilateral financial organisations at the expense of the small and vulnerable nations they are designed to support, an academic paper has claimed.
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Cutting off solar isn’t the answer: There are smarter alternatives

RenewEconomy - Tue, 2023-10-24 17:16

Australia is pursuing standards and compliance for rooftop solar PV inverters that will allow centralised control by AEMO and network operators. There are smarter and more equitable solutions.

The post Cutting off solar isn’t the answer: There are smarter alternatives appeared first on RenewEconomy.

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Shanghai to auction off 1 mln carbon permits

Carbon Pulse - Tue, 2023-10-24 16:26
The Shanghai government will auction off 1 million carbon allowances under its emissions trading scheme at the end of this month, with the price floor likely to be set below market levels.
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Top ASX firms report social and environment performance by revising pastdata, study finds

The Guardian - Tue, 2023-10-24 15:33

Research finds companies more likely to revisit corporate social responsibility results when tied to CEO pay

Australian companies are reporting better social and environment performance but many gains are generated by revising past outcomes, particularly when a chief executive’s own remuneration is tied to the results, a new study has found.

The study, “CSR Restatements: Mischief or Mistake?”, examined 674 instances of corporate social responsibility (CSR) reporting from the Top 500 ASX-listed companies between 2004 and 2020.

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Skeletons discovered in rare 5,000-year-old tomb in Orkney

BBC - Tue, 2023-10-24 15:17
Archaeologists say pottery and stone tools have also been found at the site in Orkney.
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