Advisory, aviation heavyweights launch efforts to ramp up Australian low-carbon liquid fuel production
A sustainability advisory and major aviation companies on Wednesday launched what they described as a first-of-kind pilot initiative to kickstart commercial-scale low-carbon liquid fuel (LCLF) production in Australia.
Read MoreUPDATE- New Zealand allowance auction declines again
New Zealand’s second government-held auction for the year failed to clear on Tuesday, in line with market expectations.Â
Read MoreSB64: PREVIEW – Adjacent plans, procedures take centre stage at Bonn UN climate talks
UN observers anticipate that already-agreed initiatives, or ones conceived in parallel to formal COP negotiations, will shape the SB64 climate talks in Bonn this week and next – and that forward momentum on these fronts could itself be a determinant of the summit’s success.
Read MoreNZU holdings fall by 25 mln post surrender deadline, EPA data shows
Private holdings of New Zealand allowances fell by some 25.4 million following the May 31 surrender deadline, according to government data published Monday.Â
Read MoreNZ Market: NZU price tightly rangebound, as another non-event auction looms
New Zealand allowance prices traded tightly this week in the low NZ$50s ($29s), as next week will see another government auction that is unlikely to clear.
Read MoreAustralia’s NSW commits A$221 mln to nature conservation strategy
The New South Wales state government is investing A$221 million ($157 mln) into what it describes as a new, holistic approach to threatened species conservation, it announced Friday.
Read MoreAU Market: ACCU prices rise 6% year-on-year in May as compliance activity solidifies
Australian carbon prices steadily climbed to higher levels last month, thanks to consistent compliance activity that suggests a maturing market, according to intelligence companies.
Read MoreNZ climate minister at odds with ministry over ETS setting updates, documents show
Cabinet documents published Thursday showed a rift between New Zealand’s climate minister and his ministry over how often the country’s ETS price controls and settings should be updated.
Read MoreNew Zealand confirms lower annual forestry ETS charges, new service charges
The New Zealand government has given the nod to lowering ETS annual charges for foresters, as well as introducing several new service fees, it announced Wednesday.
Read MoreSingapore’s share of ACCU holdings grow due to intermediaries, regulator says
Singapore-based intermediaries have a growing presence in Australia’s carbon market, according to data published by the Clean Energy Regulator, largely due to surrendering credits on behalf of clients.Â
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