World sets record coal demand 2024, tipped to decline by 2026 -IEA
Last year saw a record for global total coal demand, with a rise of 1.5% to nearly 8.8 billion tonnes globally driven by power demand, but this will slow in 2025 and reverse by next year, the International Energy Agency (IEA) said in its mid-year coal update.
Read MoreMiner sticks to ‘real zero’ by 2030 despite cancelling more hydrogen projects
Australian miner Fortescue on Thursday said it is still well-placed to meet its “real zero” emissions target by 2030 even after mothballing two of its green hydrogen projects.
Read MorePartners target low-carbon hydrogen, ammonia to make net zero cotton
An Australian energy company, an agricultural outfit, and the New South Wales state government have announced financial close on a green hydrogen project they say will lower emissions in the fertiliser sector.
Read MoreVietnam’s steel sector not on track to decarbonise -think tank
Vietnam’s pilot emissions trading scheme will provide incentives for the country’s steel sector to shift to lower carbon production methods, but current government efforts are not yet sufficient to see it decarbonise, a think tank said this week.Â
Read MoreAustralian government consults on hydrogen guidance
Australia’s climate change department has opened a consultation on two hydrogen regulatory guidebooks, one for production facilities and one for refuelling facilities.
Read MoreAustralia’s overlapping CCS regulations could be a drag on development -law firm
Australia’s carbon capture and storage (CCS) laws may contradict or replicate one another in a way that will disincentivise project development via onerous regulation, a legal firm argued this week.
Read MoreAustralian court challenge to coal mine begins this week
Two environmental groups will challenge the approval of a new coal mine in the Queensland Land Court this week, citing emissions and climate change concerns.
Read MoreINTERVIEW: Interest emerges in linking Australian, Japanese carbon markets
There is interest building in linking Australia’s and Japan’s carbon markets, including via Article 6 of the Paris Agreement or a bilateral framework that includes carbon capture and storage (CCS).
Read MoreCCS storage capacity needs better understanding to progress, experts say
The market needs to better understand the difference between geological storage abilities and capacity if carbon capture and storage (CCS) is to become a financially viable industry and emissions reduction strategy, a Melbourne conference heard Friday.
Read MoreINTERVIEW: Australia, Japan need an energy transition partnership -expert
Australia and Japan should create an energy transition partnership in order to address security and uncertainty issues between the two countries, according to a climate and energy policy expert.
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