New Zealand’s Fonterra to switch out coal for 9% emissions drop
Dairy giant Fonterra has announced a new decarbonisation project to convert two coal-fired boilers to using low-carbon wood pellets at its South Island operations in South Canterbury, New Zealand expected to make a significant dent in its emissions.
Read MoreKorean researchers find copper-zinc metal mix can put captured carbon to use
Researchers have found a potential new way of using CO2 to create valuable products such as fuel, a Korean university announced on Wednesday.
Read MoreAsia Pacific shipping sector faces 100 Mt/year CCS challenge, report finds
Ships may have to transport some 100 million tonnes of CO2 annually between jurisdictions by mid-century, which will require huge advance efforts in terms of funding and other preparations, according to a report released Wednesday.
Read MoreAustralian steel company invests in low-carbon mill
Australia is set to get a new, low-carbon steel mill in Queensland built by one of the nation’s largest steel suppliers, who buys from local and international sources.
Read MoreAustralia’s green iron opportunity could cut its entire emissions footprint -report
One of Australia’s biggest resource powerhouses could export billions of dollars worth of green iron by the beginning of the next decade and A$170 bln ($109 bln) by 2050 while saving emissions bigger than the entirety of Australia’s annual carbon output, a report said Monday.
Read MoreVietnam, GGGI extend partnership on climate, carbon pricing
Vietnam and the Global Green Growth Institute (GGGI) have extended for five years a cooperative framework on climate action and carbon pricing designed to put the Southeast Asian country on track to meet its ambitions under the Paris Agreement.
Read MoreG20 nations’ fossil production could blow global carbon budget, study says
The world may not keep warming to less than 2C over pre-industrial levels based on the petroleum reserves of members of the G20, a report cautioned Friday.
Read MoreIndonesia’s 2040 coal phase-out target difficult, could hit ratings -agency
Indonesia’s recently announced 2040 target coal phase-out date may be unrealistic and could affect power and resource sector companies’ credit ratings if the government adjusts its policy approach to meet the goal, a leading rating agency warned over the weekend.
Read MoreOrganic matter decomposition study finds best type of wetland for carbon storage
Wetlands across the world are releasing more carbon and sequestering less when temperatures increase, a study using an unusual proxy tool has found.
Read MoreACCU price expected to more than double over the next the next decade, survey finds
The price of an Australian carbon credit is set to more than double in the next decade, a majority of business owners surveyed believe.
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