AU Market: First ACCU trades see ‘active start’ for 2025, as climate reporting debate heats up
This week saw the first spot trades of Australian Carbon Credit Units (ACCUs) for the new year, all at relatively flat prices, as experts weigh in on the country’s climate reporting laws.
Read MoreWoodside submits Browse CCS plans with Australian federal department
Woodside Energy has submitted plans for its offshore carbon capture and storage project (CCS) at its proposed Browse gas field development in Western Australia, as a way to limit its reliance on offsets under the Safeguard Mechanism.
Read MoreNZ Market: NZU price reaches one-month high in first session of the year
New Zealand Unit (NZU) prices inched up in the market’s first trading session of 2025, when the new auction settings and price controls officially take effect.
Read MoreJapan, Indonesia adopt CCS/CCUS regulations, approve new methods at Joint Crediting Mechanism meeting
Indonesia and Japan at a recent meeting adopted guidelines for carbon capture, utilisation, and storage (CCS/CCUS) projects under the latter’s Joint Crediting Mechanism (JCM), as well as approving seven new eligible crediting methodologies.
Read MoreBloomberg acquires data and analytics from climate tech company
Bloomberg has taken ownership of carbon market data and analytics from an AI-powered climate tech company.
Read MoreThailand sees fresh biochar carbon removal project registered on ICROA-backed registry
Thailand registered another carbon dioxide removal (CDR) project on a Switzerland-based registry earlier this week.
Read MoreAU Market: ACCU prices trend lower as market enters summer doldrums
Australian carbon prices have softened in recent days as the market enters into its Christmas lull.
Read MoreLeadership reshuffle at Australia’s largest soil carbon project developer
The managing director of Australia’s largest soil carbon project developer has become chair, with the company’s general manager stepping into fill his place.
Read MoreSecond Trump presidency forces Australia to push back 2035 NDC advice -Climate Change Authority
The election of US President Donald Trump means Australia’s Climate Change Authority (CCA) will delay its advice on the country’s 2035 climate target in order to conduct further analysis, according to local media.
Read MoreNew Zealand appeals court dismisses climate change inaction case against govt
New Zealand’s Court of Appeals has struck out a long-running case against the government over its failure to act on climate change, but left the door open for rights-based climate cases in the country.
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