Singapore’s SGX sets up advisory body to advise corporates on sustainability reporting

Published 22:30 on June 20, 2022  /  Last updated at 12:08 on June 20, 2022  / /  Asia Pacific, Other APAC

The Singapore Exchange (SGX) has joined forces with the city-state’s Accounting and Corporate Regulatory Authority (ACRA) to establish a committee to guide Singaporean companies on their sustainability reporting, it was announced on Tuesday.

Read More

Qantas joins Airbus to kickstart sustainable aviation fuel sector in Australia

Published 06:46 on June 20, 2022  /  Last updated at 08:02 on June 20, 2022  / /  Asia Pacific, Australia, Aviation/CORSIA, EMEA, International

Australian airline Qantas will collaborate with Airbus in a $200 million investment aimed at establishing Sustainable Aviation Fuel (SAF) production in Australia, the two companies announced.

Read More

Australia’s AGL gets Japanese, South Korean backing for green hydrogen study

Published 08:39 on June 17, 2022  /  Last updated at 08:39 on June 17, 2022  / /  Asia Pacific, Australia, Japan, Other APAC, South Korea

Australia’s largest utility, AGL, will lead a consortium that includes key Japanese and South Korean companies to prepare a feasibility study to develop a green hydrogen hub at one of its sites, the company announced on Friday.

Read More

Analysis of LNG carrier emissions highlights industry knowledge gaps, shortcomings in carbon neutral claims

Published 09:45 on June 16, 2022  /  Last updated at 10:00 on June 16, 2022  / /  International, Shipping, Voluntary

University researchers that conducted the first ever “onboard” study of methane and CO2 emissions generated from an LNG carrier have reported higher levels of methane emitted during the voyage compared with previous assessments, highlighting the importance of accuracy in collecting GHG data for fossil fuel shipments, especially those that are claimed to be carbon neutral.

Read More

Post-Covid economic recovery a missed opportunity to lock in lower emissions pathway, report says

Published 11:55 on June 15, 2022  /  Last updated at 11:55 on June 15, 2022  / /  Climate Talks, International

The promise of a global green economic recovery from the Covid-19 pandemic has been dashed, sending a warning that the clean energy transition has stalled and making it unlikely that the world will be able to meet critical climate goals this decade, according to a report released on Wednesday.

Read More

BP acquires key 40% role in big Australian green hydrogen export project

Published 06:35 on June 15, 2022  /  Last updated at 06:35 on June 15, 2022  / /  Asia Pacific, Australia, International, Japan, Other APAC, South Korea

UK oil and gas major BP has acquired a 40.5% stake and operatorship of the Asian Renewable Energy Hub (AREH), a massive solar and wind project in north-west Australia that aims to export green hydrogen or ammonia, the company announced on Wednesday.

Read More

TotalEnergies buys into Adani’s $50 bln hydrogen splurge as report urges massive uptake to meet Paris goals

Published 12:07 on June 14, 2022  /  Last updated at 12:07 on June 14, 2022  / /  Americas, Asia Pacific, China, Climate Talks, EMEA, International, Other APAC

European oil major TotalEnergies has acquired a 25% stake in a new hydrogen-focussed business arm of the Adani conglomerate, Adani New Industries Limited (ANIL), as the Indian industrial behemoth also committed to a massive $50 billion investment in a green hydrogen ecosystem through the subsidiary over the next ten years, it was announced on Tuesday.

Read More

Australia’s CEFC awards A$2 million to help scale new shark-inspired tech for aviation, shipping

Published 06:43 on June 14, 2022  /  Last updated at 06:43 on June 14, 2022  / /  Asia Pacific, Australia, Aviation/CORSIA, International, Shipping

Australia’s Clean Energy Finance Corporation (CEFC) has awarded a A$2 million ($1.4 mln) grant to a local company that has developed a unique technology to dramatically improve fuel efficiency for aviation and shipping and cut carbon emissions in both sectors, it announced on Tuesday.

Read More

Orsted to trap 400,000 tonnes of CO2 per year from 2025 for storage, green fuels

Published 12:49 on June 13, 2022  /  Last updated at 16:28 on June 13, 2022  / /  EMEA, International

Danish energy company Orsted plans to capture 400,000 tonnes of CO2 from two combined heat and power (CHP) plants on an annual basis from 2025, both for permanent storage and in producing green fuels, the company announced on Monday.

Read More

CPC makes Taiwan’s first crude oil “carbon neutral” trade in deal with Azeri NOC

Published 10:23 on June 13, 2022  /  Last updated at 10:29 on June 13, 2022  / /  Asia Pacific, Other APAC, Voluntary

State-owned oil, gas, and petrochemicals company CPC has made Taiwan’s first “carbon neutral” trade for a crude oil shipment in a deal involving the trading arm of SOCAR, Azerbaijan’s national oil company (NOC), it announced over the weekend.

Read More