India’s carbon market could absorb booming biofuels production, IEA says
India’s push to scale up biofuels could feed directly into its emerging carbon market, even as gaps in accounting remain, the International Energy Agency (IEA) said in a report this week.
Read MoreAustralia mining diesel emissions climbing higher against government forecasts, says think tank
Australia’s government forecasts that diesel emissions from its mining sector have peaked and will decline over the next decade is at odds with reality, according to research published Friday.
Read MoreIndonesia’s carbon market seen as complex, short on integrity
Indonesia’s carbon market is complex and weak on incentives, with an emission calculation system considered not yet fully accurate, according to a new survey of industry professionals.
Read MoreAustralia needs active forest management to meet climate goals, scientific review says
Preserving forests without actively managing them may hinder Australia’s emissions reduction goals given carbon loss risk from wildfires, a scientific review said on Wednesday.
Read MoreVietnamese conglomerate seeks input on EV carbon credit projects
Vietnam’s largest conglomerate has launched stakeholder consultations for two carbon credit projects covering electric two-wheelers and charging infrastructure.
Read MoreIndonesia’s nickel boom drives surge in captive coal, threatening emissions targets
Indonesia’s push to dominate global nickel supply chains for electric vehicles is driving a rapid expansion of captive coal-fired power plants, putting the country’s climate targets in jeopardy and exposing its exports to possible carbon penalties, a report warned on Tuesday.
Read MoreBrussels resists pressure to dilute EU’s CBAM in India trade deal
India will not be granted exemption from the EU’s Carbon Border Adjustment Mechanism (CBAM) under a landmark free trade agreement signed in New Delhi today, officials stressed, saying the two sides will instead open a “technical dialogue” to ease implementing issues.
Read MoreAustralia net zero hinges on power, transport, and farming -OECD
Deeper cuts in emissions from power generation, transport, and agriculture will be needed for Australia to make its 2050 net zero goal credible, the OECD said in a report published last week.
Read MoreIndia carbon market tightening could push prices near $45 by 2030 -analysts
Prices in India’s compliance carbon market will remain subdued for two years before jumping towards the end of the decade, as tightening emissions benchmarks outstrip industry’s ability to reign in emissions, according to a market outlook published this week.
Read MoreIndia’s solar boom creates development shortcut that China never had -report
Record-low cost of green technology, particularly solar, is helping India leapfrog the fossil-fuel heavy development path taken by China and Western economies, according to a new report.
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