BRIEFING: Western Australia opens consultation on CCS rules to bring industry to market
Western Australia this week opened a consultation on carbon storage to update regulations, make them fit for purpose, and create a new industry designed to address local and international emissions, a conference heard Thursday.
Read MoreIndia’s gas-fired plans have been overstated, report says
India’s plans to increase gas’ share of the power market is increasingly unlikely to be realised given low utilisation at existing plants and the retirement of gas-fired power plants outstripping proposed new supply, a report found Tuesday.
Read MoreINTERVIEW: Developer seeks to pool blue carbon stakeholders to help scale investment
Conservation International wants to bring together blue carbon project developers to address issues that stymie the sector’s growth, specifically finance.
Read MoreIssuing DAC credits monthly would help drive down costs, scale uptake, developers say
The carbon dioxide removal (CDR) industry sees several ways to bring costs down and drive uptake of their credits, including from monthly issuances for direct air capture (DAC), given its immediate measurability, according to a project developer.
Read MoreAustralian oil company commits to better emissions reporting after errors
Australian oil and gas producer Beach Energy has made a commitment to the Clean Energy Regulator (CER) to improve the efficacy of its greenhouse gas emissions reporting after several mistakes in prior reporting periods, the latter said this week.
Read MoreDomestic aviation legislation will drive CORSIA compliance, say experts
Domestic aviation emissions regulations should push airlines to comply with CORSIA, the UN’s international aviation offsetting scheme, and drive credit demand in the market, experts told a conference Wednesday.
Read MoreIETA proposes new framework to strengthen NDCs
Explicitly linking conditional emissions reduction targets to international climate finance would position Article 6 better as a tool for mobilising investment, an emissions trading advocacy group said on Tuesday, as it released a new framework to help countries strengthen their Nationally Determined Contributions (NDCs).
Read MoreRestricting ACCU offset use could drive low-carbon liquid fuel boom -report
Australia could lower its emissions footprint from liquids fuel use and improve long-term fuel security if it mandated Safeguard Mechanism facilities to make on-site emissions cuts instead of using Australian Carbon Credit Units (ACCUs), a paper said Monday.
Read MoreInvestor group ups offer for Indian renewable energy, carbon project giant
One of Asia’s largest carbon project developers has received a final offer to take it private from a consortium of heavyweights who have upped its prior bid by over 13% per share.
Read MoreJapanese companies invest millions in Australian hydrogen developer
Several Japanese industrial heavyweights have piled into an Australian smallcap hydrogen and helium player this week, investing a total of A$14.5 million ($9.52 mln) hoping to capitalise on its plans to develop hydrogen at lower cost as a plank to realising their own low-carbon ambitions.
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