India PM may launch carbon trading platform in mid-August, framework bill still to be introduced
India Prime Minister Narendra Modi may decide to launch a national carbon trading platform to begin on Aug. 15 to boost efforts to meet the country’s climate commitments, according to local media reports.
Read MoreMining outfit signs deal to use blockchain platform to certify carbon neutral pig iron
An ASX-listed mining company has signed an agreement with an Australian tech company focused on sustainability to provide Guarantee of Origin (GO) certification for the full supply chain and production of “green” pig iron.
Read MoreDubai tanker firm signs up to new offsetting platform designed for marine players
Dubai-based tanker operator and oil product trader Oilmar has teamed up with a Norwegian start-up, ESG-NRG, to complete a deal involving the first use of a new carbon offsetting marketplace that is specifically designed for use in the marine sector.
Read MoreLower cost for direct air capture means net zero less costly and more likely -report
The use of direct air capture with CCS, or DACCS, would reduce the total cost of decarbonisation in meeting global climate goals in a long term scenario where deploying the technology at scale is low cost, while also making it more likely that net zero emissions can be reached, according to a report released this week.
Read MoreGlobal group established to promote nuclear power as source for hydrogen
A coalition comprising of over 40 industry, government, academic, and non-profit group participants has formed the Nuclear Hydrogen Initiative, a body that will seek to advance the role of hydrogen sourced from nuclear power as a climate change mitigation solution.
Read MoreAustralia’s Westpac bank sets sectoral carbon emissions targets, plans future offset review
Big Australian bank Westpac outlined on Wednesday new and updated emissions targets to be reached by 2030 for its lending portfolio and has stated that it plans to review the role that carbon offsets can play in the future to meet its longer-term decarbonisation objectives.
Read MoreTata Steel states it will target net zero emissions by 2045
Indian steelmaker Tata will target net zero emissions by 2045, the company announced in the release of its latest financial results on Tuesday, though offered little detail on how it plans to achieve the goal.
Read MoreDNV forms partnership with energy firms, tech outfit, to utilise seaweed for carbon capture
DNV has joined forces with two energy companies and a Norwegian-based technology research firm to establish the world’s first pilot project to develop nature-based carbon capture involving seaweed cultivation, the classification society has announced.
Read MoreAustralian state environmental regulator gets record 750+ appeals against extension of giant NWS gas project
Western Australia’s Environmental Protection Authority (EPA) has received a record number of appeals to its recommendation last month to grant a 50-year extension to Australian Woodside’s giant gas and LNG North West Shelf (NWS) project, it has been revealed.
Read MoreAustralia’s Northern Territory makes net zero deal with Japan’s Inpex, both commit to boosting LNG supplies
The Northern Territory (NT) government in Australia and Japanese oil and gas firm Inpex have signed a “statement of commitment” to achieve a “net zero emissions future” as part of an agreement that also involves the expansion of a key gas and LNG project, it was announced on Thursday.
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