Government should incentivise renewables investment to lure trillions in pension fund dollars -pension funds
Australia has a truly remarkable amount of private wealth under management thanks to its mandated pension scheme, but more of this money should be invested by the big superannuation funds into renewable and clean energy, a report said Friday.
Read MoreCleaner mining offers emissions benefit for Australia -science body
A wide ranging report on the opportunities for decarbonisation in Australia by its peak scientific body released Friday found the mining sector could be one of the earlier cabs off the rank.
Read MoreACCU demand to peak in 2031, govt predicts
The federal government has laid out its projections for Australian Carbon Credit Units and Safeguard Mechanism Credits (SMCs), expecting demand for ACCUs to peak in 2031.
Read MoreAustralian govt seeks to finalise Nature Repair Market recommendation report on Monday, Senate documents show
The Australian government is making moves in the Senate to get a report into its Nature Repair Market legislation finalised on Monday, some five months ahead of its official deadline.
Read MoreAustralia’s New South Wales legislates emission reduction targets
The New South Wales (NSW) state parliament on Thursday passed legislation that will make its emissions reduction targets legally binding, the government announced.
Read MoreAustralian pipeline giant expands decarbonisation plans
An Australian pipeline company has signed on a junior partner to develop more biomethane as it takes steps to decarbonise its operations longer term.
Read MoreAustralia’s emissions rise by 4 Mt as govt’s “broad and deep” climate agenda yet to translate to GHG reductions
Australia’s GHG emissions have risen by 4 million tonnes of CO2e in 2023 and although the government is pursuing a “broad and deep” climate policy agenda it has yet to translate to falls in GHGs, a report by the country’s Climate Change Authority said Thursday.
Read MoreFirst ever carbon mineralisation at active mine now fully funded
A Canadian province announced funding for a carbon removal mineralisation company, allowing the world’s first CO2-to-rock project at an active mine to go ahead in Australia on Wednesday.
Read MoreCOP28: Boosting climate resilience of food and agriculture to be new focal point at UN climate talks
Greater focus will be given to food and agriculture this year at COP28 in Dubai, as the links between food production and climate change become increasingly apparent, with a day dedicated to the topic and a concerted push to get governments to align agricultural policies with their emissions pledges.
Read MoreL’Oreal teams up with Great Barrier Reef Foundation to calculate coral reef biodiversity value
Global beauty product brand L’Oreal is partnering with the Great Barrier Reef Foundation (GBRF) to pioneer a methodology to calculate the value of coral reef biodiversity and support the deployment of heat-tolerant corals.
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