INTERVIEW: Canadian CDR player makes push into Australian mining heartland

Published 08:57 on February 17, 2025  /  Last updated at 08:57 on February 17, 2025  / /  Americas, Asia Pacific, Australia, Canada, Voluntary

A Canadian carbon dioxide removal (CDR) firm has announced a wide-scale push into Australia’s mining heartland with two partnerships with local miners and an $8 million boost from two venture capital firms to further its tech, and a separate partnership with the Climate Recovery Institute.

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Policy support needed for Malaysian steel decarbonisation

Published 06:06 on February 14, 2025  /  Last updated at 06:06 on February 14, 2025  / /  Asia Pacific, Other APAC

Malaysia has the potential to decarbonise its lagging and relatively small steel industry, but government support will be needed as the sector is experiencing a downturn that makes investment in green technology difficult. 

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Japanese shipper sets up carbon insetting programme

Published 09:14 on February 12, 2025  /  Last updated at 09:14 on February 12, 2025  / /  Asia Pacific, International, Japan, Shipping

Mitsui OSK Lines (MOL) on Wednesday launched a net zero alliance that will establish carbon insetting projects and generate environmental attributes certificates (EACs) from voyages that use its alternative fuels.

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Australia passes hydrogen, mineral tax credit scheme

Published 05:42 on February 11, 2025  /  Last updated at 05:42 on February 11, 2025  / /  Asia Pacific, Australia

Australia has passed legislation to provide production tax credits for hydrogen and critical minerals processing in the hopes of kickstarting clean energy industries that have struggled to take wing.

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Australian banks still committing billions of dollars to fossil projects -report

Published 13:01 on February 10, 2025  /  Last updated at 11:36 on February 10, 2025  / /  Asia Pacific, Australia

An activist shareholder group has run the ruler over the exposure to fossil fuels for Australian and international banks and found the numbers significant, but said ‘ordinary’ people may not realise the full extent of their banks’ lending activities.

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Australian miner partners with green steel hopeful for low emissions iron work

Published 07:13 on February 7, 2025  /  Last updated at 07:13 on February 7, 2025  / /  Asia Pacific, Australia

An Australian miner sitting on an iron ore deposit saw its share price jump close to 20% by the middle of Friday after it announced an in-principle agreement to supply a large-scale green iron plant in Western Australia.

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Bangladesh garment industry holds vast biogas potential, study finds

Published 10:55 on February 6, 2025  /  Last updated at 10:55 on February 6, 2025  / /  Asia Pacific, Other APAC

Bangladesh’s vast garment industry could cut costs and reduce carbon emissions, according to a team of local and German researchers.

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Australian port association releases first ever emissions guidelines for tricky sector

Published 13:01 on February 4, 2025  /  Last updated at 12:54 on February 4, 2025  / /  Asia Pacific, Australia, International, Shipping

Ports Australia has released reporting guidelines for ports covering Scopes 1, 2, and 3 greenhouse gas emissions, a first of its kind in the country.

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Australian farmers’ group calls to retain seven ACCU methodologies due for sunset

Published 10:07 on February 4, 2025  /  Last updated at 10:07 on February 4, 2025  / /  Asia Pacific, Australia

The National Farmers’ Federation (NFF) would like to see retained seven of the 19 Australian Carbon Credit Unit (ACCU) methodologies that are due to be phased out, it said in a submission to the government.

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Japanese steelmaker to supply ‘green steel’ pipes to Singapore

Published 10:04 on January 30, 2025  /  Last updated at 10:04 on January 30, 2025  / /  Asia Pacific, Japan, Other APAC

Japan’s Nippon Steel said Thursday it will supply a form of lower carbon steel to Singapore’s Hupsteel, one of the largest wholesalers in the city-state, although Japanese environmental groups take issue with this particular type of carbon accounting.

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