Australian emissions market body proposes lapse for ACCU method
Australia’s Emissions Reduction Assurance Committee (ERAC) has recommended that a waste methodology under the country’s domestic offset scheme not be remade when it expires next month.
Read MoreCarbon Fund value drops 23% amid weaker NZU prices
The value of the NZX-listed Carbon Fund’s assets plunged almost 23% in the final quarter of 2025, matching a fall in New Zealand Unit (NZU) prices.
Read MoreAustralian carbon project developer names new CEO
An Australia-based carbon project developer has appointed a new CEO, following the resignation of its former head last year.
Read MoreUPDATE – Australian court dismisses landmark net zero case
An Australian federal court on Tuesday dismissed a first-of-its-kind case brought against an oil and gas company over its net zero target.
Read MoreNGO presses NZ govt on climate considerations in LNG decision
A New Zealand NGO has questioned the government over its consideration of its climate obligations in its decision to contract a new LNG terminal and has pushed for more clarity and transparency around emissions impact modelling.
Read MoreVerra floats ‘major revision’ to agriculture land management method
Voluntary carbon market standard operator Verra has opened a consultation into a proposed “major revision” of its methodology to reduce emissions via improved agricultural land management.
Read MoreINTERVIEW: Unprecedented New Zealand legal case aims to hold current and future govts accountable over emissions plans
The High Court in Wellington is set to hear a first-of-its-kind climate lawsuit for New Zealand next month, with one of the litigants saying there is a “reasonable prospect of success”.
Read MoreAustralian low-carbon fuels company raises A$10 mln
An Australian low carbon liquid fuels (LCLF) company has closed its Series A funding, having raised A$10 million ($7.1 mln), it announced Wednesday.
Read MoreVanuatu introduces draft UN resolution to endorse ICJ climate opinion
The Vanuatu government has introduced the zero – or rough – draft of a UN General Assembly (UNGA) resolution to endorse the International Court of Justice’s (ICJ’s) landmark opinion on climate change, it announced.
Read MoreBRIEFING: LNG terminal decision backwards step for New Zealand’s decarbonisation, experts warn
The New Zealand government presented its decision to build a new LNG import terminal as an insurance policy for dry years, but the decision to fund it by a levy on electricity bills risks jeopardising clean investments and delaying the country’s decarbonisation, critics warned.
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