Australia 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.
Read MoreElectrification of heat processes could decarbonise emissions-heavy garment industry -report
The clothing industry contributes around 2% to global emissions with much of that coming from energy used for process heating, but there are transition pathways ahead to drop these emissions, a report released Tuesday found.
Read MoreAustralian govt commits A$250 mln to low carbon liquid fuel spending
The Australian government will commit A$250 million ($158.5 mln) to developing the country’s low carbon liquid fuel (LCLF) sector, it announced Thursday.
Read MoreCARBON FORWARD ASIA: Much work ahead for Vietnam’s carbon market launch, analyst says
The ministry overseeing Vietnam’s soon-to-appear pilot carbon market is about to merge with another in the biggest government shake-up in decades, though it’s impact on the scheme launch date remains uncertain.
Read MoreCARBON FORWARD ASIA: Australian Coalition election win might see major Safeguard carve-outs
A Coalition party win at the imminent Australian election would not see the updated Safeguard Mechanism repealed, but it could be weakened or see large sectors, such as LNG, carved out, a conference heard this week.
Read MoreAustralia finalises first Nature Repair Market method, biodiversity instrument
Australia has released the final version of its first new method for the voluntary Nature Repair Market (NRM) allowing project developers to earn biodiversity certificates, the government said Monday.
Read MoreAustralian emissions continue to drop as power demand stays level, regulator says
Emissions from the near-70% of the sectors covered by Australian greenhouse gas reporting requirements have been on the wane since 2019 and fell again in 2024, according to data from the regulator released Friday.
Read MoreBillions of tonnes of profitable CO2 storage up for grabs in mining waste, company says
The global carbon mineralisation industry could be worth tens of billions of dollars using existing mine waste, according to a white paper released Thursday by a startup in the space.
Read MoreSoutheast Asian steelmaker to double production, cut emissions in new deal
A major Indonesian steelmaker with over 1 million tonnes of capacity a year has committed to producing lower-carbon products after announcing a partnership with a European company hoping to meet EU steel demand without having to buy additional CO2 allowances under the carbon border adjustment mechanism (CBAM).
Read MoreAluminium, ammonia key to Australia’s net zero goal, report finds
Decarbonising one of Australia’s leading industrial zones could reduce emissions by several million tonnes of CO2e every year, but would require ramping up renewable energy by a factor of 10 at a minimum, a think tank found Wednesday.
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