Australian regulator publishes Safeguard facilities’ emissions intensity data
The Clean Energy Regulator (CER) has published new emissions intensity data (EID) for facilities covered under the reformed Safeguard Mechanism in the lead up to the next compliance deadline in March, a move which experts said would help provide a guide on how many below baseline credits facilities are likely to generate.
Read MoreVerra releases first methodology for CCS, DACCS
Verra, the voluntary carbon standard-setter and verifier, has released a set of modules for carbon capture and storage (CCS) – the first in its Verified Carbon Standard (VCS) as part of methodology VM0049 – with a view to better proving direct air capture (DAC) projects with carbon storage.
Read MoreAustralia’s sovereign wealth fund must do better to push fossil fuel companies to transition
An activist shareholder group said Thursday Australia’s sovereign wealth fund has over A$1 billion ($660 million) invested in three of the nation’s most polluting companies, two oil and gas and one coal.
Read MoreCredit use flat in meeting emissions reductions, Australian regulator finds
The latest report on emissions reduction by Australia’s Clean Energy Regulator (CER) found gross emissions are falling faster than net emissions and renewable energy generation is increasing, but the use of carbon credits is ‘flat’, balanced out by greater use of international credits and less of Australian Carbon Credit Units (ACCUs), which is “trending downwards”.
Read MoreSoutheast Asian power demand, emissions set to rapidly rise, IEA says
Southeast Asia is one of the world’s most power hungry regions, with sectoral demand and emissions set to rise faster than in the past without significant decarbonisation and clean energy expansion, a new report from the International Energy Agency (IEA) said Tuesday.
Read MoreAPAC carbon credit supplier calling for premium to ACCUs in upcoming offer round
An Asia Pacific carbon credit supplier is offering credits for bidding at a significant near-50% premium over generic Australian Carbon Credit Units (ACCUs).
Read MoreCoal mine emissions reporting change will squeeze ACCU market, report says
Changes to the Safeguard Mechanism reporting methods in Australia will hit the nation’s coal mines and their new methane emissions calculations, which is likely to eventually drive up the price of Australian Carbon Credit Units (ACCUs), according to analysis published Tuesday.
Read MoreIndonesia’s new president stresses need for energy security, domestic biofuels
Indonesia will work to enhance its food and energy security with a place for coal in the energy mix, incoming President Prabowo Subianto said in his inauguration speech Sunday, after winning the election in February.
Read MoreSeaweed company plans for J-Blue credit issuance by next year
A Japanese blue carbon hopeful has set its sights on Dec. 2025 as the date by which it expects to gain J Blue credit certification for its seaweed farming project, though has made no mention of the numbers of credits it plans to generate.
Read MoreJapanese gas partners sign on for CCS study
Japan’s largest LNG developer has partnered with a local power company for a joint study on capturing post-combustion CO2 in Japan for transport to Australia for permanent sequestration.
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