Australia invests $25 mln in credit generating feed additive technology for livestock sector
The Australian government has invested around A$35 million ($25 mln) in feed additive technologies for the livestock industry to drive down emissions while creating carbon credits, it announced Wednesday.
Read MoreSecond Safeguard compliance year sees 10.8 mln ACCUs surrendered
The second compliance cycle of Australia’s Safeguard Mechanism has seen entities retire 13.4 mln emissions units surrendered, with covered emissions falling 2.3%, according to data published Wednesday.
Read MoreAsia, Latin America drive 2025 global carbon market growth, report finds
Global carbon market coverage and revenues climbed to fresh highs last year as emissions trading systems (ETSs) continued to spread and deepen across major economies, according to the 2026 status report from the International Carbon Action Partnership (ICAP).
Read MoreMost Asian carbon markets unlikely to hit EU CBAM price levels, say experts
Most of Asia’s carbon pricing systems will not approach the EU’s Carbon Border Adjustment Mechanism (CBAM) price levels of around €75 per tonne, experts said Tuesday.
Read MoreEU CBAM to have limited impact on Asian countries that implement effective carbon pricing, report says
As the EU Carbon Border Adjustment Mechanism (CBAM) enters into force, Asian countries are accelerating the development of domestic carbon pricing policies to keep revenues at home, rather than paying a levy at the EU border, according to a report.
Read MoreBRIEFING: Savanna fire method sees supply concerns managed, but market uncertainties remain
The two new savanna fire management (SFM) methods signed off on Friday have addressed long-standing supply impacts participants feared it could have on Australia’s carbon market, according to experts, though other risks in the scheme remain.
Read MoreCarbon ratings agency launches operations in Japan
A carbon ratings company has established a new entity in Japan and is already serving local corporates and market participants, it announced Tuesday.
Read MoreSouth Korea considers changes in free allowance allocation criteria
South Korea is seeking public input on a proposal that will likely enable allocation of additional free allowances to some of those regulated by the national emissions trading scheme.
Read MoreNZ Market: NZU prices climbs to two-month high off the back of buying pressure
Pressure from buyers caught sellers by surprise last week, sending New Zealand allowance prices to a two-month high.
Read MoreINTERVIEW: Australian govt determined to pass ACCU Scheme reforms by year end, minister says
Long-awaited legislative reforms to Australia’s carbon market will not be interrupted by the ongoing energy crisis, as the government looks to better integrate the scheme with other policies, according to Assistant Minister Josh Wilson.
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