Australia interested in updating emissions inventory to include biochar, conference hears
Australia is keen to make regulatory changes that would allow biochar production to earn Australian Carbon Credit Units (ACCUs), an expert told a conference Wednesday while presenting research highlighting its massive emissions abatement potential.
Read MoreClimate litigation more often reaching world’s highest courts, with growing number of greenwashing cases -report
Climate litigation is reaching the world’s highest courts more frequently, with 276 such cases reaching apex courts since 2015 – a growing number of which have raised greenwashing concerns about the use of carbon credits to offset emissions, new analysis has found.
Read MoreAustralian carbon industry companies team up to pilot nature integrity-labelled ACCU programme
Accounting for Nature (AfN) is launching a pilot product that digitally links certified nature measurement to Australian Carbon Credit Units (ACCUs), it announced Wednesday, with a group of carbon industry heavyweights joining in to test the scheme.
Read MoreFirst digital fuel certificate for ammonia bunkering issued
A group of companies has completed the issuance of the world’s first digital fuel certificate for an ammonia-to-ship transfer, seen to aid carbon emissions accounting and claims tracking in the industry, they announced Tuesday.
Read MoreAustralia opens consultation on hydrogen Guarantee of Origin
Australia on Tuesday began consulting on rules that will back its planned Guarantee of Origin (GO) hydrogen scheme, due to start later this year, which it hopes will kickstart a clean energy export boom.
Read MoreSurvey finds 99% of nature investors plan to expand portfolios
Political trends and ESG backlash are shaping investors’ nature finance strategies but not stopping spending plans, according to a survey by an investment and advisory firm.
Read MoreAustralia Market Roundup: ACCU issuance climbs to 2.2 mln in May
Australian Carbon Credit Unit (ACCU) issuance hit 2.17 million in May, the highest monthly volume this year so far, as the Clean Energy Regulator published more carbon project data on its register.
Read MoreAustralia’s CSIRO debuts novel hydrogen-making process more energy efficient than electrolysis
Australia’s leading scientific research agency has developed what it called a breakthrough in ways to make green hydrogen that will lower costs.
Read MoreAbandoned coal mines could house 300 GW of solar -report
Installing solar power plants on abandoned coal mines could unlock nearly 300 GW of capacity by 2030, according to a study by Global Energy Monitor that identified 5,820 square kilometres of free land on coal mines that have closed since 2020, as well as those expected to shutter by the end of the decade.
Read MoreAustralia’s sustainable finance taxonomy backs carbon credits, biochar in green investment push
Australia on Tuesday launched a sustainable finance taxonomy, establishing a classification system designed to channel private capital towards green investments, notably agricultural decarbonisation measures such as biochar application and carbon credit generation.
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