Western Australia releases CCUS action plan, allocates $17 mln for two major projects
Western Australia on Thursday announced the state’s inaugural action plan for carbon capture, utilisation, and storage (CCUS), pledging to spend A$26 million ($17 mln) towards two CCUS projects.
Read MoreJapan to release policy draft on domestic carbon market soon -media
The Japanese government is expected to soon release draft regulations for its planned emissions trading scheme, requiring hundreds of domestic emitters to participate in the programme, according to domestic media reports.
Read MoreNew Zealand seeks public feedback on 2035 NDC
New Zealand’s environment ministry is seeking comments on the country’s 2035 international climate change target, as the government is set to finalise the latest Nationally Determined Contribution (NDC) in the coming months.
Read MoreCOP29: Singapore, Japan set overseas carbon credit targets for 2030 NDC
Singapore and Japan have formulated purchase targets for Paris-aligned carbon credits through 2030.
Read MoreSouth Korean project developer gears up for expansion in Africa, Central Asia
A carbon offset project developer from South Korea has secured international partnerships for its expansion into Africa and Central Asia, as it seeks to diversify its project portfolio and seize opportunities in international carbon markets.
Read MoreAustralian oil major sets 2040 carbon storage target
Oil and gas major Santos has set a target to build and operate a commercial carbon storage business that would permanently store around 14 million tonnes of third-party CO2 per year by 2040.
Read MoreJapanese trading house, energy company to promote AI-based evaluation system for carbon credits
One of Japan’s largest trading houses has teamed up with a domestic energy company to develop the use of AI tools in evaluating carbon credit quality, they announced Monday.
Read MoreChina thermal power growth slows in October, solar and wind expansion continues
Growth in China’s thermal power generation slowed in October with a sustained high level of coal output, with analysts remaining optimistic about the country’s emissions reduction trajectory given the current pace of renewables expansion.
Read MoreCN Markets: CEAs extend record high again, volume continues to increase
Chinese carbon prices hit record highs again over the past week as the emissions market continued to gather momentum from emerging demand ahead of the year-end compliance deadline.
Read MoreCOP29: South Korea seeks Article 6 opportunities in blue carbon, forestry projects
South Korea is seeking to expand international partnerships on blue carbon and forestry projects, as part of its efforts to secure credits aligned with Article 6 of the Paris Agreement.
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