Australia’s renewable agency funds gas-fired iron smelter
The Australian Renewable Energy Agency (ARENA) has granted almost A$20 million ($13.05 mln) to the developers of NeoSmelt, a new and cleaner iron-making process set for pilot launch in 2028 in Perth.
Read MoreQueensland debuts co-benefit calculation tool
The Queensland state government in Australia has released a methodology for calculating co-benefits from carbon farming projects for use under its Land Restoration Fund (LRF).
Read MoreAustralia launches savanna burning accounting tool ahead of hotly anticipated ACCU methods
Australia has launched a new tool to better account for emissions reductions under new savanna fire management (SFM) methods that are being developed under the national carbon credit scheme, the Department of Climate Change, Energy, the Environment, and Water (DCCEEW) said Friday.
Read MoreQueensland fund commits A$18 mln to ACCU-generating land restoration work
The Queensland state government’s Land Restoration Fund has committed A$18 million ($11.68 mln) to eight projects that will help abate 180,000 tonnes of CO2 over project lifetimes across 315,000 hectares, generating Australian Carbon Credit Units (ACCUs) in the process.
Read MoreAustralia’s climate change policies are “deficient”, think tank warns
Australia’s policies and targets to cut emissions in line with the Paris Agreement are either off track or insufficient, according to a report published Thursday, which claimed the world would see global warming reach 2-3C if other nations took the same approach.
Read MoreJapanese company signs deal for large green steel plant in Malaysia
A Japanese industrial major this week announced it has teamed up with a local partner in Malaysia to build a green steel plant that will make 2 million tonnes of hot briquetted iron (HBI) annually with significantly lower carbon emissions than traditional coal-fired facilities.
Read MoreLaos adopts decree to speed up carbon market, develop Article 6 pipeline
Laos this week adopted a decree to govern its carbon market, following up on previous efforts with an eye to developing a project pipeline under Article 6 of the Paris Agreement.
Read MoreMalaysian oil and gas projects risk billions of tonnes of CO2 pollution -report
Malaysia could see over 4 billion tonnes of CO2e of lifecycle emissions should all of its existing and planned oil and gas projects continue or go ahead, an environmental watchdog warned Monday.
Read MoreJapanese steelmakers urged to scrap controversial carbon accounting method
Some 30 civil society groups have published an open letter urging steelmakers to focus on decarbonising their industry instead of sticking to an accounting method that allows them to market coal-based steel as green.
Read MoreAustralian partners sign CCS agreement for hydrogen and ammonia project
Woodside Energy’s carbon capture and storage (CCS) hopes took another step forward this week after the consortium it leads signed a Memorandum of Understanding (MoU) with listed miner and energy startup NH3.
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