CAD Trust partners with QAI to advance carbon market data initiatives

Published 12:15 on September 13, 2024  /  Last updated at 12:15 on September 13, 2024  / /  Americas, Asia Pacific, EMEA, International, Paris Article 6

The Climate Action Data Trust (CAD Trust) and Quantedge Advancement Initiative (WAI) announced a two-year funding partnership Friday to catalyse climate change action and improve carbon market data, the former said.

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Australia takes further steps to shore up renewable energy dreams with verification scheme

Published 12:28 on September 12, 2024  /  Last updated at 12:28 on September 12, 2024  / /  Asia Pacific, Australia

Australia’s Labor government has introduced its Guarantee of Origin bill to parliament as part of the Future Made in Australia (FMIA) policy that was recommended by a senate committee last week.

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Australia releases battery consultation paper prior to funding round open

Published 13:18 on September 11, 2024  /  Last updated at 13:18 on September 11, 2024  / /  Asia Pacific, Australia

Australia has released a consultation paper for entrants to the wide scale battery industry and value chain the nation hopes to build in a bid to further its ambitions as a renewable energy and battery superpower while reducing emissions.

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Methane emissions continue to grow, threatening pledges and Paris commitments, report finds

Published 12:11 on September 10, 2024  /  Last updated at 12:11 on September 10, 2024  / /  Americas, Asia Pacific, EMEA, International

Methane emissions have risen 20% in the past two decades, a global report released this week has found, and threatens the goals of the Global Methane Pledge, which aims to reduce methane emissions by 30% by 2030 over 2020 levels.

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Australian carbon farming outfit expands offerings

Published 09:02 on September 10, 2024  /  Last updated at 09:02 on September 10, 2024  / /  Asia Pacific, Australia

An Australian carbon farming group has launched a new offering to help landholders measure their carbon footprint and generate carbon credits.

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Committee recommends Australia’s Nature Positive Bill go ahead, with caveats

Published 14:59 on September 9, 2024  /  Last updated at 00:11 on September 10, 2024  / /  Asia Pacific, Australia, Biodiversity

An Australian Senate committee has recommended the Nature Positive Bill 2024 be passed by the Senate, the nation’s upper house of parliament, subject to several recommendations it has made.

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Methane leaks from coal mines need more regulation -report

Published 10:51 on September 9, 2024  /  Last updated at 10:51 on September 9, 2024  / /  Asia Pacific, Australia

Methane leaks from Queensland’s many coal mines are not being adequately addressed by the government or Australia’s beefed up Safeguard Mechanism, driving emissions up that should be falling, according to a report from an environmental law firm.

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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns

Published 11:00 on September 6, 2024  /  Last updated at 11:00 on September 6, 2024  / /  Asia Pacific, Australia

An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.

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Carbon removals are expensive but essential, finds report

Published 12:51 on September 5, 2024  /  Last updated at 12:51 on September 5, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

Corporate financing of carbon removals will be crucial to keeping aligned with Paris Agreement commitments but they are not being deployed at the speed and scale necessary, a working paper from a UK university has argued.

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Australia’s states need more work to meet emission and renewables targets -report

Published 12:08 on September 4, 2024  /  Last updated at 12:08 on September 4, 2024  / /  Asia Pacific, Australia

Australia’s switch to renewable energy and away from its legacy coal power has been gaining ground but more needs to be done, a report released Wednesday argued.

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