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Queensland state govt to fund environmental accounting in bid to capitalise on biodiversity market opportunities

Carbon Pulse - Wed, 2023-09-13 22:22
The Queensland state government in Australia on Wednesday said it will fund better uptake of Accounting for Nature’s environmental accounting framework to provide stakeholders with better tools to measure the environment.
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South Australia slashes red tape for new wind, solar and hydrogen “gold rush”

RenewEconomy - Wed, 2023-09-13 21:49

South Australia is aiming to cut red tape to pave way for what it expects to be a new wind, solar and green hydrogen "gold rush".

The post South Australia slashes red tape for new wind, solar and hydrogen “gold rush” appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-09-13 21:37
European carbon prices were slightly stronger at midday on Wednesday as traders shrugged off data showing that investment funds had increased their bearish bets for a third week, accumulating the largest total short position in nearly two years, while UK Allowances fell to a new record low in early trade.
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New Zealand outfit adds more biodiversity credit types

Carbon Pulse - Wed, 2023-09-13 20:59
A New Zealand-based company on Wednesday announced it has launched biodiversity action credits tied to the conservation of two species of bird around the Southern Lakes Sanctuary on the country’s South Island, to add to its existing offerings.
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HK natural resources firm announces first deal as it joins HKEX voluntary market

Carbon Pulse - Wed, 2023-09-13 20:21
Hong Kong Exchanges and Clearing (HKEX)  has reached a carbon credit deal with a natural resources company with a significant presence in the Philippines, it announced Wednesday.
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SK Market: Monthly KAU acution sees lacklustre interest again despite carryover policy update

Carbon Pulse - Wed, 2023-09-13 20:10
South Korea’s latest monthly CO2 auction for the current compliance cycle sold only around 30% of the permits on offer Wednesday, as market sentiment remained lukewarm despite the government's proposed policy change to revitalise the market.
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Carbon price could help miners overcome high capital spend on electric mines, group says

Carbon Pulse - Wed, 2023-09-13 19:59
Electric mines could decarbonise much of mining companies' Scope 1 and 2 emissions, while offering health benefits to workers no longer trapped underground with diesel fumes and particulate matter, and could be made more affordable through a price on carbon, a conference heard this week.
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Devastatingly low Antarctic sea ice may be the ‘new abnormal', study warns

The Conversation - Wed, 2023-09-13 19:02
Sea ice around Antarctica has always followed a predictable seasonal cycle. Now, we’ve experienced a sudden dramatic loss, and the changes are here to stay. Edward Doddridge, Research Associate in Physical Oceanography, University of Tasmania Ariaan Purich, Lecturer in Climate Variability and Change, Monash University Licensed as Creative Commons – attribution, no derivatives.
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European Green Deal and economic competitiveness key issues for EU’s von der Leyen in last speech of her term

Carbon Pulse - Wed, 2023-09-13 18:44
European Commission President Ursula von der Leyen confirmed her commitment to the European Green Deal on Wednesday in her last annual speech to the European Parliament before the EU elections next June, though her focus was less on climate action and more on the need to support European industry on their decarbonisation journeys.
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British forest carbon data startup raises $2.2 mln in pre-seed funding

Carbon Pulse - Wed, 2023-09-13 18:36
A tech startup that offers an AI-powered measurement, reporting, and verification (MRV) service for forest conservation carbon projects, has announced Wednesday a $2.2 million pre-seed funding round.
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Solar, batteries and microgrids essential for disaster-prone communities, study finds

RenewEconomy - Wed, 2023-09-13 18:06

Losing power after a disaster is devastating for communities, a new report suggests this can be mitigated by distributed and renewable energy resources.

The post Solar, batteries and microgrids essential for disaster-prone communities, study finds appeared first on RenewEconomy.

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Expand ACCUs for biogas pipeline contracts, industrial energy boss pleads

Carbon Pulse - Wed, 2023-09-13 18:06
The energy director of a giant Australian brickmaker would like to see Australian Carbon Credit Units (ACCUs) offered for far more biogas projects so large-scale users can better decarbonise via taking biogas from the nation’s network of pipelines.
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Australia Market Roundup: More than half of surveyed companies say Australia will need carbon credits to achieve net zero, as ACCUs rebound

Carbon Pulse - Wed, 2023-09-13 18:03
A survey of over 200 companies released Wednesday showed that over half of the respondents believe Australia will need to buy carbon credits to meet its net zero goals and most of them have or will buy offsets themselves, as Australian Carbon Credit Units (ACCUs) rebounded over the past few days after a dip late last week.
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We just blew past 1.5 degrees. Game over on climate? Not yet

The Conversation - Wed, 2023-09-13 15:35
July was the hottest month on record – and took us past 1.5 degrees. But one month isn’t the same as failing to meet our Paris Agreement goals Ailie Gallant, Senior Lecturer, School of Earth, Atmosphere and Environment, Monash University Kimberley Reid, Postdoctoral Research Fellow in Atmospheric Sciences, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Ukraine plans up to 1GW wind farm in Chernobyl nuclear disaster zone

RenewEconomy - Wed, 2023-09-13 15:25

Germany's Notus Energy signs declaration of intent to develop an up to 1,000MW wind farm in the exclusion zone around Ukraine's failed Chernobyl power plant.

The post Ukraine plans up to 1GW wind farm in Chernobyl nuclear disaster zone appeared first on RenewEconomy.

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Battery cell prices plunge in August, close to tipping point for the end of ICE vehicles

RenewEconomy - Wed, 2023-09-13 15:12

Price of battery cells plunges in August, taking it close to the "tipping point" where the cost of building battery-powered EVs can match that of internal combustion engine cars.

The post Battery cell prices plunge in August, close to tipping point for the end of ICE vehicles appeared first on RenewEconomy.

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NSW social housing could host 650MW of rooftop solar, save occupants $129m a year

RenewEconomy - Wed, 2023-09-13 15:09

rooftop solar western australiaNew modelling shows NSW's more than 54,000 social and affordable housing properties could host up to 650MW of rooftop solar and slash occupants' bills.

The post NSW social housing could host 650MW of rooftop solar, save occupants $129m a year appeared first on RenewEconomy.

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Tesla gets ready to take on Australia energy utilities in landmark move for the grid

RenewEconomy - Wed, 2023-09-13 15:00

Tesla household battery small iStock-1296608191Tesla has applied for new licences with market operator and regulator in a landmark move for the grid, and for efforts to "orchestrate" consumer energy resources as coal plants close.

The post Tesla gets ready to take on Australia energy utilities in landmark move for the grid appeared first on RenewEconomy.

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EU states must bridge ‘planning gap’ in order to hit climate targets, report warns

The Guardian - Wed, 2023-09-13 15:00

Clean Air Task Force calls for overhaul of action plans with many countries, including Germany and France, missing drafts deadline

European countries must bridge the vast “planning gap” between their climate targets and action plans, according to a report.

The national energy and climate plans (NECPs) that EU member states made in 2019 are outdated, lack key details and do not line up with long-term strategies, according to analysis from the environmental nonprofit organisation Clean Air Task Force. Only half of the states have submitted a fresh proposal two months after an EU deadline for draft plans passed in June.

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Britain’s fish populations are in a ‘deeply troubling state’ – report

The Guardian - Wed, 2023-09-13 15:00

Species such as mackerel and North Sea cod have been overfished or have reached critically low populations

Half of Britain’s 10 largest fish populations are in a “deeply troubling state”, having been either overfished or depleted to a critically low size, according to a new report. The situation is being driven by the UK government setting catch limits at levels that exceed scientific advice, said Oceana, a Washington DC-based NGO.

The UK’s fishing industry relies heavily on 10 key stocks. Five are either being overfished, including mackerel, which accounted for the largest volume of landings in the UK in 2021, or have reached critically low populations, such as North Sea cod. Many cod species are in crisis, pushing the popular fish close to population collapse.

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