New Zealand govt proposes to halve ETS forestry charge
The New Zealand government is consulting on updated charges to foresters in the Emissions Trading Scheme (ETS), including to roughly halve the price of previously proposed per-hectare charges.
Read MoreArticle 6 markets unlikely to scale until end of decade, says expert
Large volumes of sovereign carbon credits traded between countries under Article 6.2 of the Paris Agreement are unlikely to be seen until the end of the decade, a panel heard Tuesday.
Read MoreANALYSIS: Nature Repair Market needs govt investment, greater transparency, submissions say
Australia’s Nature Repair Market (NRM) rules need greater transparency and additionality assurances to increase investor confidence, while the government must lead investment in order help support its fundamentals, stakeholders have urged.
Read MoreAustralian CCS project set to start earning ACCUs
Australia’s second-largest carbon capture and storage (CCS) project has started up in the remote desert of the Cooper Basin and is set to earn 250,000 Australian Carbon Credit Units (ACCUs) by the end of the year.
Read MoreNew Zealand will have to plant out and cut emissions “hugely” to achieve its climate targets, panel hears
New Zealand is likely to be severely short on NZUs after 2030 unless emissions start to rapidly decline, a forestry expert told a panel discussion Wednesday.
Read MoreAustralia Market Roundup: Complaint launched against Qantas “fly neutral” claims, ACCU issuance increases
An environmental legal group has submitted a greenwashing complaint to Australia’s consumer watchdog over airline Qantas’ “fly carbon neutral” product and its broader sustainability claims.
Read MoreScientist examining HIR ACCU project compliance refutes damning study findings
A scientist tasked with scrutinising Australian human-induced regeneration (HIR) projects on behalf of the Clean Energy Regulator has hit back against accusations about his practices and findings that the projects are over-credited.
Read MoreNew Zealand broker to launch new trading platform
A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.
Read MoreNew Zealand urged to take cooperative approach to addressing 2030 NDC challenge
Fresh analysis has highlighted the policy paralysis plaguing New Zealand in achieving its 2030 Nationally Determined Contribution under the Paris Agreement, urging it to adopt a more internationally cooperative approach.
Read MoreJudicial review filed against NZ govt for weakening vehicle emissions standard
A New Zealand advocacy group has launched legal action against the government over its decisions to weaken the country’s Clean Car Standard, it announced Monday.
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