Australian project developer sees executive team quit
An Australian carbon project developer has seen four members of its executive team leave the company in recent weeks, blaming what they said was a shift in company culture thanks to its new CEO and shareholders.
Read MoreAustralia’s New South Wales commits A$225 mln to low carbon manufacturing, clean tech innovation
The New South Wales state government has announced A$225 million ($161 mln) in grant funding to go towards a broad range of clean tech innovation and manufacturing initiatives.Â
Read MoreBRIEFING: Energy shock will lead to short-term pain, but long-term gain for Asia Pacific’s energy transition
Asia Pacific countries have responded to the global energy shock by delaying key carbon pricing and tax policies, however this will likely be replaced with renewed efforts to transition away from fossil fuels in the future, experts have said.
Read MoreAustralian companies acknowledging, but not acting on, climate risks -analysis
Australia’s largest corporates have flagged the serious climate risks their operations face, but are doing little to address it, according to analysis, as questions around carbon credit disclosure are also raised.
Read MoreAustralia considering whether it will start buying ACCUs again -officials
The Australian government’s proposed reforms to transfer carbon credit purchasing power back to itself does not necessarily mean it will resume buying units as it previously did, but it is considering future options, officials said Tuesday.
Read MoreInvestor survey respondents pour cold water on carbon markets’ attractiveness
Market volatility, changing regulation, and lack of harmonised standards are dulling investor and developer interest in carbon markets, according to legal firm polling.
Read MoreAustralian firm shutters carbon market offering
The carbon division of an Australian engineering firm has been shut down, the company confirmed to Carbon Pulse on Monday.Â
Read MoreSafeguard Mechanism to see ACCU demand peak in 2038, analysis says
Emitters covered under Australia’s Safeguard Mechanism will drive demand for carbon credits well into the 2030s as a result of growing emissions, according to analysis.
Read MoreAsian Development Bank targets $70 bln by 2035 to go towards cross-border electricity investment
The Asian Development Bank has announced a target of investing $70 billion in new energy and digital infrastructure initiatives by 2035 as a way to connect power grids and expand cross-border electricity trade, while reducing power sector emissions.Â
Read MoreForestry asset manager, environmental data company partner to pilot nature measurement platform
A global forestry investment manager and an environmental consultancy have teamed up to pilot a standardised, large-scale nature measurement platform, they announced.
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