Australia launches new A$70 mln industrial decarbonisation funding round
The Australian Renewable Energy Agency (ARENA) has opened a second round of funding to support industrial decarbonisation valued at A$70 million ($44 mln).
Read MoreVietnam to develop voluntary carbon labelling for emissions-heavy exports
Vietnam’s Department of Climate Change (DCC) under the new Ministry of Agriculture and Environment (MAE) is working to design voluntary carbon accounting programmes and labelling for emissions-heavy businesses that export to Europe and the US.
Read MoreAustralia kickstarts Hydrogen Headstart programme with A$814 mln
The Australian government has awarded its first tranche of cash under the Hydrogen Headstart programme, with A$814 million ($515 mln) to Copenhagen Infrastructure Partners’ (CIP) Murchison project in Western Australia.
Read MoreMalaysian CCUS bill will increase emissions, provides no legal recourse, watchdog warns
A Malaysia-based environmental watchdog said this week the nation’s newly announced carbon capture, utilisation, and storage (CCUS) laws will ramp up rather than cut emissions, and expressed alarm over its restrictive national security provisions that could prevent legal action being launched if a project goes wrong.
Read MoreAustralia urged to up emissions target, improve Safeguard Mechanism
Australia will need to update its Nationally Determined Contribution and set an emissions reduction target above 60% while also better managing the Safeguard Mechanism if it hopes to reach net zero by 2050, according to a Melbourne-based think tank.
Read MoreAustralia offers A$750 mln for clean minerals development
Australia on Friday continued its clean energy spending, announcing it will invest A$750 million ($471 mln) in critical minerals and their development and processing through the Australian Renewable Energy Agency (ARENA).
Read MoreAustralia may miss green iron opportunity, think tank says
The world’s largest iron ore exporter may miss the jump on greening its product into a higher-quality product thanks to lower gas supplies and high gas prices, a think tank has suggested.
Read MoreRio Tinto signs large solar-battery deal to slash aluminium smelter emissions
Australian miner Rio Tinto has signed two large power agreements with Edify Energy for clean energy supply to one of its largest emitting facilities in Queensland covered by the Safeguard Mechanism.
Read MoreMore efficient CO2 capture seen as key to scale CCS industry
More attention must be paid to capturing post-combustion carbon streams with low CO2 concentrations if the world is to hit climate targets and scale the carbon capture and storage (CCS) industry, a Perth conference heard this week.
Read MoreAustralia set to miss renewable target, think tank says
Australia is unlikely to meet its planned target of 82% of electricity sourced from renewable energy by 2030 no matter who wins the upcoming election, but output could be much lower under the conservative opposition, according to a report released Tuesday.
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