Australian steel company invests in low-carbon mill
Australia is set to get a new, low-carbon steel mill in Queensland built by one of the nation’s largest steel suppliers, who buys from local and international sources.
Read MoreAustralia consults on sunsetting unused ACCU methods
The Australian government is seeking feedback on how carbon credit methodologies that have not been taken up should be retired.
Read MoreAustralia’s green iron opportunity could cut its entire emissions footprint -report
One of Australia’s biggest resource powerhouses could export billions of dollars worth of green iron by the beginning of the next decade and A$170 bln ($109 bln) by 2050 while saving emissions bigger than the entirety of Australia’s annual carbon output, a report said Monday.
Read MoreNSW EPA to increase transparency on coal mine emissions
The New South Wales Environmental Protection Agency (EPA) is looking to strengthen GHG emissions regulations at its coal mines, based on feedback on how licences are governed.
Read MoreAustralia commits A$165 mln to APAC energy transition investments
Australia has committed to spend A$165 million ($106 mln) through various initiatives towards domestic and regional decarbonisation technology initiatives, including critical minerals, hydrogen, and renewable energy.
Read MoreRio Tinto calls for global carbon pricing to encourage investments in hard-to-abate sectors
The world will need to embrace fundamental demand drivers, such as more entrenched carbon pricing, in order to drive decarbonisation of hard-to-abate mineral processing work and encourage buyers’ willingness to pay a green premium, global miner Rio Tinto told shareholders Thursday.
Read MoreAU Market: ACCU price claws back after week of volatility
Australian Carbon Credit Unit (ACCU) prices recouped some of their recent losses Thursday after a bout of severe volatility earlier in the week that had seen units trade as low as A$37 ($23.82).
Read MoreRegional gas lobby releases legal recommendations on cross-border CCS projects
An industry coalition of energy majors has released a set of recommendations for cross-border carbon capture and storage (CCS) projects in the Asia Pacific, in order to provide the necessary legal clarity in the absence of international regulations.
Read MoreAustralian outfit finds biodiversity credit demand in carbon partnership
An Australian project developer has sold 70,000 biodiversity credits over the past three months after striking a partnership with a carbon credit supplier to combine offerings.
Read MoreMajor biochar project to get grant funding in Western Australia
One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.
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