Land-based activities harming Great Barrier Reef water quality, major study finds
The pollution load in Australia’s Great Barrier Reef has increased following the impacts of land-based activities and climate change, a scientific study involving over 200 experts found on Thursday.
Read MoreVietnam confirms 100 industrial participants in two-year carbon market pilot run
Vietnam confirmed Thursday it is on track to finalise the set-up of its pilot emissions trading scheme, with the initial phase to include 100 companies across the thermal power, iron, and steel production industries, with a trading platform due next year.
Read MoreAustralian startup with Japanese CCS project pipeline secures govt permit
A startup holding several CCS MoUs with Japanese companies has been awarded two offshore greenhouse gas storage permits by the Australian government after being approved for work programmes worth over A$270 million ($176 mln).
Read MoreActive forest management should earn ACCUs too, forest lobby group argues
An Australian forestry industry lobby group is urging Australia to expand forest-related carbon crediting, it said this week via a proposal to Canberra to include them in the Australian Carbon Credit Unit (ACCU) scheme.
Read MoreAustralian micro oiler wins first CCS permit in latest acreage round
Australia has handed out the first offshore carbon capture and storage (CCS) permit from last year’s large acreage round to a Western Australia-based minnow hoping to use end-of-life oil fields it has a share in to develop an ambitious CCS and ammonia project.
Read MoreMiner and maritime heavyweight ink MoU for clean shipping
Australia’s Fortescue, an iron ore giant with a sideline in clean energy, has signed a non-binding agreement with a shipping company to collaborate on decarbonising the sector.
Read MoreNew Zealand on track to meet first emissions budget, Climate Change Commission finds
New Zealand is on track to reach its first interim emissions reduction target based on a swathe of data assessed by the independent Climate Change Commission, but uncertainty persists, its inaugural annual monitoring report released Tuesday found.
Read MoreAustralian Market Roundup: Mining giant loses climate advisor over “hypocrisy”
The Australasian Centre for Corporate Responsibility (ACCR) has pulled out of its advisory role with Australian mining giant Rio Tinto after just a year, with the activist shareholder group saying Tuesday it was the result of revelations Rio “engaged in negative advocacy that undermines a public commitment to an enhanced approach to climate advocacy”.
Read MoreBroker-backed Perth firm teams with Traditional Owners for carbon-biodiversity credit play of “national significance”
A Perth-headquartered company has partnered with a Traditional Owners group in Western Australia’s Goldfields region for a project over a huge tract of land it says will generate premium-priced carbon credits with major biodiversity benefits.
Read MorePump more oil to decrease emissions, report says
Carbon capture and storage (CCS) when used to increase oil production in the form of enhanced oil recovery (EOR) can contribute to deeper emissions reductions than regular CCS projects, according to an energy consultancy.
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