Australia releases strategy that banks on gas beyond net zero target date
Australia, one of the world’s top three LNG exporters, on Thursday released a long-term strategy for natural gas, with plans to rely on the fuel well beyond its mid-century net zero target date.
Read MoreAustralia’s mining sector well placed to lead on Safeguard credits -expert
Miners could emerge as frontrunners in generating Safeguard Mechanism Credits (SMCs) under Australia’s main carbon market programme thanks to their ability to abate emissions and the varied GHG profiles of different assets, a conference in the country’s unofficial mining capital of Perth heard Thursday.
Read MoreNew Zealand weighs including international shipping, aviation in climate target
The New Zealand government is mulling whether to include the emissions from international flights and shipping to its emissions target, and is seeking public feedback and submissions in a first for the nation.
Read MoreVietnam’s top leadership issues carbon market directive
One of Southeast Asia’s few planned mandatory carbon credit markets is ramping up its work after the prime minister signed a new directive at the end of last week.
Read MoreGreen steel dreams could cut 220 Mt of CO2 per year, Australian miner says
One of the world’s largest iron ore producers has plans to send 100 million tonnes of green iron to China, using vast amounts of clean hydrogen created in the Australian desert, and says it will ultimately cut 220 million tonnes in CO2 emissions per year in the process.
Read MoreWorld could miss Paris temperature target by factor of 100% -report
The world is far off track to keep warming to 1.5C above pre-industrial levels or the temperature needed to avoid catastrophic climate change, according to research released Thursday.
Read MoreTo decarbonise Asia’s JETP members, halt new coal and incentivise renewables, paper argues
Phasing out coal will be integral to the energy transition and Just Energy Transition Partnership’s (JETP) Southeast Asian members, but halting new coal construction in tandem with a renewable energy build-out will be more productive than a focus on shuttering existing coal plants, according to a journal article published this week.
Read MoreSoutheast Asia registries partner for transparency, expansion, and Article 6 work
A recently formed carbon offsets standard and registry based in Singapore has partnered with a larger international partner to enhance the credibility and transparency of its platform.
Read MoreAustralia’s ERAC adds senior technocrat to ranks
Australia’s Emissions Reduction Assurance Committee (ERAC) has added a new member to its ranks to better undertake its work ensuring the integrity of Australia’s carbon credit scheme, the government announced Monday.
Read MoreSingapore creates new lab to pursue economic decarbonisation options
Singapore will spend S$60 million ($44 mln) on a new institute to study various decarbonisation techniques, from new fuels to carbon capture and storage, with a focus on cutting the emissions of its energy and chemical sectors.
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