Methane leaks from coal mines need more regulation -report

Published 10:51 on September 9, 2024  /  Last updated at 10:51 on September 9, 2024  / /  Asia Pacific, Australia

Methane leaks from Queensland’s many coal mines are not being adequately addressed by the government or Australia’s beefed up Safeguard Mechanism, driving emissions up that should be falling, according to a report from an environmental law firm.

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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns

Published 11:00 on September 6, 2024  /  Last updated at 11:00 on September 6, 2024  / /  Asia Pacific, Australia

An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.

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Carbon removals are expensive but essential, finds report

Published 12:51 on September 5, 2024  /  Last updated at 12:51 on September 5, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Corporate financing of carbon removals will be crucial to keeping aligned with Paris Agreement commitments but they are not being deployed at the speed and scale necessary, a working paper from a UK university has argued.

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Australia’s states need more work to meet emission and renewables targets -report

Published 12:08 on September 4, 2024  /  Last updated at 12:08 on September 4, 2024  / /  Asia Pacific, Australia

Australia’s switch to renewable energy and away from its legacy coal power has been gaining ground but more needs to be done, a report released Wednesday argued.

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ID Market: Trade drops after July spike

Published 09:01 on September 4, 2024  /  Last updated at 09:01 on September 4, 2024  / and /  Asia Pacific, Other APAC

Trade on Indonesia’s carbon exchange dropped in August over July with only 176 tonnes of CO2e traded compared to the prior month’s 4,801.

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Work on Vietnam’s first flue gas CCS project announced

Published 09:01 on September 4, 2024  /  Last updated at 09:01 on September 4, 2024  / /  Asia Pacific, Other APAC

An engineering company is looking to develop Vietnam’s first carbon capture storage and utilisation (CCUS) project for the country’s coal-fired power plants.

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Oil and gas basins with clean energy opportunities could be new frontiers, consultancy suggests

Published 14:51 on September 2, 2024  /  Last updated at 14:51 on September 2, 2024  / /  Asia Pacific, International

Oil and gas provinces that integrate low-carbon energy into extraction for lower overall carbon intensity could be classed as ‘premium’, according to an energy consultancy.

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APAC carbon service provider, biodiversity project developer launch hybrid credit solution

Published 10:59 on September 2, 2024  /  Last updated at 10:59 on September 2, 2024  / /  Asia Pacific, Australia, Biodiversity, International, Nature-based, Voluntary

An Australian biodiversity credit provider has partnered with a carbon credit supplier for what they describe as a new environmental impact offering which combines traditional nature-based credits with one square metre of 20-year biodiversity protection.

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Australian agriculture giant announces carbon partnerships with farmers

Published 10:28 on August 30, 2024  /  Last updated at 10:28 on August 30, 2024  / /  Asia Pacific, Australia, Voluntary

An Australian agriculture giant and real estate company has announced a carbon partnership this week that aims to assist local farmers develop projects.

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Think tank rates Singapore’s carbon tax as far off meeting Paris Agreement

Published 10:55 on August 29, 2024  /  Last updated at 10:55 on August 29, 2024  / /  Asia Pacific, International, Other APAC, Paris Article 6

Singapore’s compliance carbon market, one of the few in Southeast Asia, is considered “highly insufficient” for meeting its climate goals, a think tank said this week, adding it does not expect the country to align with the 1.5C warming target of the Paris Agreement.

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