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Woodside earns biggest share of Australia’s latest offset issuance

Published 09:29 on August 23, 2019  /  Last updated at 09:29 on August 23, 2019  /  Asia Pacific, Australia  /  No Comments

Oil and gas firm Woodside Burrup was the biggest recipient of new Australian carbon offsets this week, earning A$1.1 million worth of credits for a tree-planting project.

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CARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut

Published 08:39 on August 22, 2019  /  Last updated at 11:20 on August 22, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features key insights from environmental markets experts.

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Resources boom makes Australia world’s third-biggest exporter of fossil fuel CO2 -report

Published 03:41 on August 19, 2019  /  Last updated at 03:42 on August 19, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s massive and increasing fossil fuel industry has made it the world’s third-biggest exporter of carbon emissions, with its share set to rise further without new government policies, a report said Monday.

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Australian offset issuance drops, but ERF delivery holds steady

Published 09:28 on August 16, 2019  /  Last updated at 09:28 on August 16, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator issued just over 190,000 carbon credits this week, just a third of last week’s volume but close to the long-term average.

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Australia announces Pacific climate aid package but struggles to convince

Published 10:08 on August 13, 2019  /  Last updated at 10:08 on August 13, 2019  /  Asia Pacific, Australia, Other APAC  /  No Comments

Australia this week will detail a A$500 million ($338 mln) climate aid package for the Pacific, Prime Minister Scott Morrison announced Tuesday, although observers were left unconvinced as long as Australia does nothing to stem its own rising GHG emissions.

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CARBON FORWARD 2019 – Stick or twist: investors came to the EU ETS, but will they go?

Published 17:24 on August 12, 2019  /  Last updated at 21:47 on August 12, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features a dedicated stream focused on the EU carbon market from an investor perspective.

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Australia’s weekly offset issuance triples as landfill projects claim credits

Published 09:30 on August 9, 2019  /  Last updated at 09:30 on August 9, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s carbon credit issuance ballooned this week, with the Clean Energy Regulator handing out over 580,000 offsets and landfill projects claiming the vast majority.

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Chevron finally launches carbon capture at Australian Gorgon LNG project

Published 10:06 on August 8, 2019  /  Last updated at 01:07 on August 9, 2019  /  Asia Pacific, Australia  /  No Comments

Energy major Chevron on Thursday announced it has started injecting CO2 underground from its Gorgon LNG plant in Western Australia, nearly three years after the project was meant to commence and likely limiting its demand for carbon credits to offset emissions.

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Australian developer offers cash prize for soil carbon projects

Published 09:54 on August 6, 2019  /  Last updated at 09:54 on August 6, 2019  /  Asia Pacific, Australia  /  No Comments

Project developer AgriProve is offering a cash prize to farmers who come up with high quality soil carbon projects as part of a A$150 million ($102 mln) budget to help drive new sector activity in the Australian carbon market.

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Australia’s ERF at standstill as contract terminations cancel out new deals

Published 08:09 on August 2, 2019  /  Last updated at 23:35 on August 2, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Emissions Reduction Fund (ERF) has barely contributed to cutting carbon output since 2017, as over the past 18 months contract terminations have shed almost as much volume from the fund’s portfolio as the Clean Energy Regulator has signed in auctions.

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