Australian 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.
Read MoreACCU, NZU futures trade subdued on bourse debut
The first day of trade for Australian and New Zealand futures contracts on the ASX closed quietly with 1,000 units traded, but prices not given.
Read MoreIndonesian coal mine emissions vastly underreported, report says
Indonesian coal mine emissions are being underreported, with fewer than half of its major miners reporting the methane emissions that occur as part of the mining process, according to a report released Monday.
Read MoreIndonesia plans to stage carbon tax in two phases, webinar hears
Indonesia plans a two-stage carbon tax even as its domestic carbon credit market remains illiquid and sparsely traded, a webinar heard this week according to local media.
Read MoreAustralian soil carbon developer announces pivot as it girds for board fight at AGM
An Australian soil carbon developer has finalised the date of its annual general meeting where it will ask shareholders to vote on removal of a director a day after it outlined a strategy to partner on soil carbon rather than go solo, and gave a firm date for the startup of its Philippines operations.
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