CN Markets: China’s carbon price touches all-time high on steady compliance demand
Allowances in the Chinese emissions trading scheme this week rose to their highest level since the market launched two years ago, as the approaching compliance deadline for 2021 and 2022 continued to fuel steady demand.
Read MoreFar more work needed to drive clean hydrogen uptake despite increase in projects, IEA says
Policy and direct investment need to match interest and rhetoric if hydrogen is to become a genuine source of large-scale clean energy, and project delays are to be expected given “stubborn” cost pressures, the International Energy Agency said Friday.
Read MoreBRICS expansion will transform bloc into world leader for renewables, net exporter of energy -report
The expansion of the BRICS bloc is going to transform the group into a global leader in renewables, making it a net exporter of primary energy in the coming decades, according to a report released this week.
Read MoreAustralian superannuation fund adopts emissions standards, but may keep oil and gas investments
An Australian superannuation fund has announced emissions targets in line with the government’s plan to reduce emissions by 43% by 2030 over 2005 levels, though it will only decide on a policy towards oil and gas companies late next year.
Read MoreResearch paper claims to refute additionality arguments against Australian landfill gas projects
Carbon revenues can substantially contribute to the additionality of Australian waste management projects by encouraging final investment decisions, a study has found, contradicting conclusions from previous analysis.
Read MoreGas integral to Indonesian net-zero plans -minister
Gas will remain an important part of Indonesia’s energy mix as it moves to a lower emissions economy and the nation is actively looking to expand gas infrastructure, a minister said Friday.
Read MorePipeline company confirms will need ACCUs to meet Safeguard baseline, says emissions reduction pathway will not be linear
Gas infrastructure company Australian Pipeline Association (APA) Group has joined a growing list of companies signalling their reliance on Australian Carbon Credit Units (ACCUs) to meet their emission liabilities under the reformed Safeguard Mechanism.
Read MoreANALYSIS: Cloud of reputational risk continues to hang over voluntary carbon buyers
Negative media coverage continued to dominate discussions during a carbon conference in New York held this week, as stakeholders in the voluntary market reacted to fresh reports from a newspaper that has persistently criticised corporate credit use, with fears of reputational risk threatening to further depress buying activity.
Read MoreNature-based carbon developer closes $11.5 million to help fund Southeast Asian projects
A company founded by two forest carbon veterans has closed $11.5 million in funding from a Singapore-based investor to help develop projects in Southeast Asia.
Read MoreCalifornia introduces international initiative to address methane emissions
California on Wednesday announced an international climate initiative targeting methane reduction and mitigation, as seven signatories from six countries participated in the launch event at New York Climate Week.
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