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Chile moves UN COP25 climate summit to Easter Island over logistical, environmental fears

Published 00:01 on April 1, 2019  /  Last updated at 00:43 on April 2, 2019  /  Africa, Americas, Asia Pacific, Australia, Climate Talks, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, South & Central  /  1 Comment

Amid a raft of concerns about overcrowding and a lack of conference venue options in Santiago, the Chilean government has announced its remote Easter Island as the surprise site for this year’s UN COP25 climate summit, highlighting the island’s ecological-driven collapse as a point of urgency for global efforts to reduce emissions.

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Australian carbon credit issuance passes 60 million

Published 09:08 on March 29, 2019  /  Last updated at 09:08 on March 29, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator issued 330,000 carbon credits this week, taking the total number of offsets generated at emission reduction projects past 60 million since the programme began in 2012.

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Australian, NZ investors call for zero emission targets, carbon pricing

Published 13:01 on March 27, 2019  /  Last updated at 10:31 on March 27, 2019  /  Asia Pacific, Australia, New Zealand  /  No Comments

Investors in Australia and New Zealand are calling on their governments to design durable climate policies using carbon pricing as a tool to align with the Paris Agreement and set long-term zero emission targets.

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Australia shortlists lower-carbon projects for support amid calls for stable climate, energy policy

Published 09:48 on March 26, 2019  /  Last updated at 10:30 on March 26, 2019  /  Asia Pacific, Australia  /  No Comments

Australia on Tuesday shortlisted 12 projects for underwriting in a bid to boost energy reliability, but a major industry group still called for a more long term post-election policy that allows access to offsets for major emitters.

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Australia’s weekly offset issuance rises above 500k

Published 09:25 on March 22, 2019  /  Last updated at 09:25 on March 22, 2019  /  Asia Pacific, Australia  /  No Comments

Carbon credit issuance in Australia picked up this week after a slow period as the Clean Energy Regulator handed out well over half a million offsets.

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Canadian firm to commercialise direct air capture technology for under $100/tonne

Published 22:15 on March 21, 2019  /  Last updated at 22:15 on March 21, 2019  /  Americas, Australia, Canada, International, US  /  No Comments

A Canadian carbon capture firm has completed its latest funding round that will allow it to build its first commercial scale direct air capture (DAC) facility, potentially leading to deployment of the technology that could remove greenhouse gases at a lower cost.

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ICAP Status Report 2019: Emissions Trading Worldwide

Published 21:51 on March 19, 2019  /  Last updated at 21:51 on March 19, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Canada, China, China's National ETS, China's Pilot Markets, Conversations, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, South & Central, South Korea, Switzerland, US, Views  /  No Comments

Carbon Pulse partner ICAP has published its annual Status Report “Emissions Trading Worldwide”. The 2019 edition provides a comprehensive overview of the latest developments and design elements of all ETS in operation, scheduled and under consideration around the world.

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Australia’s offset market oversupplied despite rising voluntary demand

Published 09:22 on March 19, 2019  /  Last updated at 09:22 on March 19, 2019  /  Asia Pacific, Australia  /  No Comments

Voluntary demand for carbon credits has increased to dwarf buying interest from Safeguard Mechanism companies, but Australia’s offset market is still oversupplied by some 730,000 credits in FY2018-19, the Clean Energy Regulator said Tuesday while setting its next ERF auction date.

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Australia broadens method to generate offsets from animal manure

Published 10:42 on March 15, 2019  /  Last updated at 10:42 on March 15, 2019  /  Asia Pacific, Australia  /  No Comments

Australia on Friday released a new draft method to broaden and simplify generation of carbon offsets from animal effluent.

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Australia loosens CO2 caps for coal mining companies

Published 10:17 on March 15, 2019  /  Last updated at 10:17 on March 15, 2019  /  Asia Pacific, Australia  /  No Comments

Australia’s Clean Energy Regulator has raised CO2 emission caps for three coal mining companies, data released this week showed, including a 64% increase for Anglo Coal’s Moranbah North mine.

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