FEATURE: Scientists enhancing the carbon appetite of crops explore voluntary market opportunity
Scientists developing gene-edited crops with deeper root systems that sequester more CO2 expect the first carbon credits to be generated in the next couple of years from farmers adopting their varieties.
Read MoreVCM Report: Low price trade dominates voluntary carbon market as liquidity thins ahead of CCPs arrival
Over-the-counter trade seems to have slowed in the voluntary carbon market and retirement levels have fallen ahead of the much-anticipated announcement at the end of the month of the first methodologies that will qualify for the Core Carbon Principles (CCPs) stamp of high integrity.
Read MoreAustralian state updates koala protection, housing plan
The New South Wales state government has committed A$100 million ($65 mln) to a conservation plan designed to protect koalas while at the same time deliver housing in southwestern Sydney.
Read MoreAustralia Integrated Farm Land Management ACCU method likely to be delayed again -market sources
The Australian government is likely to delay the Integrated Farm Land Management (IFLM) method, according to market sources, with potential alternatives to be considered as several outstanding issues remain.
Read MoreAnother Japanese bank invests in Australian CCUS firm
Another Japanese bank has made a strategic investment in an Australian clean technology firm that specialises in CCUS.
Read MoreUS-led Indo-Pacific initiative plans Article 6 collaboration, weighs big spending on carbon removals
The Indo-Pacific Economic Framework (IPEF), spanning 13 countries across the region and the US, has penned a Clean Economy Agreement (CEA) that involves collaboration on the Paris Agreement’s Article 6 and potential spending of as much as $10-15 billion on carbon removals this decade.
Read MoreSafeguard Mechanism’s cost containment measure unlikely to be needed, will stifle innovation, outlook says
The cost containment measure (CCM) function under Australia’s reformed Safeguard Mechanism is unlikely to be needed and its purpose should be addressed, according to analysis released Friday.
Read MoreAustralian govt suggests offering ACCUs to biomethane producers as a way to incentivise investment
Biomethane producers could earn Australian Carbon Credit Units (ACCUs) as a way to attract finance and investment in decarbonising hard-to-abate sectors, according to a government discussion paper, however cost and lack of current demand could prove challenging.
Read MoreBuild it and they will sequester: Australian expert calls for govt CO2 pipeline help to aid CCS
If Australia is serious about cutting emissions and supporting carbon capture and storage (CCS), the government should do more than improve legislation and back industry via an infrastructure build, a Perth energy conference heard this week.
Read MoreAustralia’s GreenCollar Group issues over 50k NaturePlus credits to its own project
Project developer GreenCollar Group, which last year launched its own biodiversity credit scheme, has issued over 50,000 NaturePlus units to one of its own restoration projects, the second batch of units generated under the framework.
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