Australian cement decarbonisation company wins $3 mln in US grants
A company already backed by the Australian government for its cement decarbonisation solution announced that two of its projects have now been selected for US Department of Energy (DOE) funding.
Read MoreJapanese player partners with coal miner for SAF project
A Japanese conglomerate is partnering with a coal miner and an agricultural startup in a further step toward sustainable aviation fuel (SAF) in Australia this week, with a view to earning carbon credits.
Read MoreParticipants left in the dark over fate of Australian voluntary offsetting scheme
The Australian government has yet to decide on reforms for its troubled voluntary corporate offsetting programme, even as speculation swirls that it may be scrapped altogether.
Read MoreAustralian miner partners with steel giant for green iron project
Australian iron ore miner Fortescue and Chinese steelmaker Baowu signed a memorandum of understanding this week in Shanghai to pursue green iron making, one of Fortescue’s great green dreams for decarbonisation and an ultimate realisation of ‘real zero’, as opposed to net-zero.
Read MoreBeverage giant launches third round of APAC emissions reduction innovation grant programme
A global food and beverage multinational has kicked off its third annual sustainability incubator programme, offering grants to pilot projects focussed on sustainable agriculture, climate tech, and GHG emissions reduction.
Read MoreAustralia’s power grid decarbonisation will require gas as back-up -study
A recent study has highlighted the careful balance Australian policymakers must strike between growing the country’s renewable energy capacity and electrifying much of its natural gas demand.
Read MoreAU Market: First ACCU trades see ‘active start’ for 2025, as climate reporting debate heats up
This week saw the first spot trades of Australian Carbon Credit Units (ACCUs) for the new year, all at relatively flat prices, as experts weigh in on the country’s climate reporting laws.
Read MoreWoodside submits Browse CCS plans with Australian federal department
Woodside Energy has submitted plans for its offshore carbon capture and storage project (CCS) at its proposed Browse gas field development in Western Australia, as a way to limit its reliance on offsets under the Safeguard Mechanism.
Read MoreSeveral countries to use international carbon markets to achieve Paris goals, while others keep options open
A handful of mostly developing countries said they intend to use the Article 6 carbon markets to help finance their Paris Agreement climate plans by 2030 — or are keeping open the option to do so, according to the first round of transparency reports to be submitted to the UN every two years.
Read MoreBloomberg acquires data and analytics from climate tech company
Bloomberg has taken ownership of carbon market data and analytics from an AI-powered climate tech company.
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