APAC carbon service provider, biodiversity project developer launch hybrid credit solution
An Australian biodiversity credit provider has partnered with a carbon credit supplier for what they describe as a new environmental impact offering which combines traditional nature-based credits with one square metre of 20-year biodiversity protection.
Read MoreAustralian agriculture giant announces carbon partnerships with farmers
An Australian agriculture giant and real estate company has announced a carbon partnership this week that aims to assist local farmers develop projects.
Read MoreThink tank rates Singapore’s carbon tax as far off meeting Paris Agreement
Singapore’s compliance carbon market, one of the few in Southeast Asia, is considered “highly insufficient” for meeting its climate goals, a think tank said this week, adding it does not expect the country to align with the 1.5C warming target of the Paris Agreement.
Read MorePlantation carbon developer charts course on ACCU projects, pays special dividend on back of success
An Australian wood chip processor and woodfibre exporter turned carbon developer outlined its market plans Thursday, suggesting strong rewards from a tightening compliance market and large upside to its particular Australian Carbon Credit Units (ACCUs).
Read MoreAustralian miner says committed to ‘real zero’ by 2030, shuns offsets
Fortescue, one of Australia’s iron ore giants, used Wednesday’s full year financial results presentation to underline its plans to hit zero emissions for Scopes 1 and 2 by the end of this decade despite its diesel-heavy carbon footprint.
Read MoreAustralia bets on SAF to decarbonise crucial aviation industry
Australia plans to decarbonise its aviation industry in coming years, both domestically and internationally, but government support will be needed to drive the uptake of sustainable aviation fuel (SAF), according to a government white paper released on Monday.
Read MoreJapanese energy players sign agreement for negative carbon project with Indonesian counterpart
Two major Japanese companies and an Indonesian counterpart have agreed to a joint study on biomass energy carbon capture and storage (BECCS), hot on the heels of decarbonisation agreements signed between the governments of the two countries last week.
Read MoreAustralia offers another A$200 mln to aid Great Barrier Reef
The Australian government will spend an additional A$192 million ($129 mln) to improve and protect the Great Barrier Reef’s water quality in order to prevent bleaching events and aid recovery when they do occur.
Read MoreCarbon removal verifier issues credits to US corporations
A carbon dioxide removal (CDR) firm has issued a swathe of credits to a series of large US corporations in what it described as a turning point for carbon markets.
Read MoreAustralia’s Climate Active sees another departure
Another Australian company this week announced a decision to look more closely at changing the way it tackles net zero with a plan for only “limited” use of carbon credits and a plan to leave the government’s Climate Active programme.
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