FEATURE: Environmental interests are a driving force behind rising land prices

Published 16:11 on October 3, 2023 / Last updated at 16:11 on October 3, 2023 / / Australia, EMEA, International, Nature-based, New Zealand, US, Voluntary

Growing awareness of natural capital opportunities such as carbon and biodiversity credit-generating projects is an important factor driving up land values, particularly in supply-constrained markets such as the UK, according to industry sources.

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Australian government seeks input on its Gordian knot of gas policy

Published 10:05 on October 3, 2023 / Last updated at 10:22 on October 3, 2023 / / Asia Pacific, Australia

Australia has released its future gas strategy paper for consultation, via which the government hopes to support Australia’s gas industry of both users and producers, its vast LNG exports to allies, and its 43% emissions cut to 2030.

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Conservation group urges govt to adopt stronger ACCU scheme principles

Published 06:34 on October 3, 2023 / Last updated at 09:11 on October 3, 2023 / / Asia Pacific, Australia

A conservation group has called on the Australian government to apply stricter integrity principles to the Australian Carbon Credit Unit (ACCU) scheme, saying recently proposed measures “appear to serve optics more than material outcomes”.

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VCM Report: Diverse REDD pricing creates odd backwardation in nearby curve as CME’s N-GEO future tumbles

Published 17:53 on October 2, 2023 / Last updated at 17:53 on October 2, 2023 / / Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, International, Japan, Mexico, Middle East, Nature-based, New Zealand, South Korea, Switzerland, US, Voluntary

Nearby nature-based carbon credit futures tumbled over the past week to create backwardation between the spot and the December future, as much of the rest of the market was little changed despite relatively strong volumes.

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Alliance calls for national plan as Australia fights losing battle against nature loss

Published 12:38 on October 2, 2023 / Last updated at 12:38 on October 2, 2023 / Asia Pacific, Australia, Biodiversity

An alliance of more than 20 organisations and companies has urged the Australian government to design a national restoration plan with targets and funding mechanisms to turn the tide as the nation’s ecosystem degradation and decline continue at scale.

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Scientists sound alarm over recent soil ACCU issuances

Published 02:12 on October 2, 2023 / Last updated at 08:56 on October 2, 2023 / / Asia Pacific, Australia

A group of Australian scientists have raised “serious concerns” that Australian Carbon Credit Units (ACCUs) generated from soil carbon projects could be overinflated and based on non-additional activities, urging  the Clean Energy Regulator to release its data on how it calculates its crediting.

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Mining giant notes bumps in road from brown to green

Published 11:01 on September 29, 2023 / Last updated at 11:34 on September 29, 2023 / / Asia Pacific, Australia, International

There is a a looming shortfall of the materials needed for electrification and the energy transition, according to a report released Friday by miner BHP and investment firm BlackRock on the challenges ahead facing the mining sector, new energy sectors, and hard-to-abate sectors such as steel making and cement.

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Canadian CDR company signs cooperative agreement with Australian nickel producer

Published 06:50 on September 29, 2023 / Last updated at 09:40 on September 29, 2023 / / Americas, Asia Pacific, Australia, Canada, Other APAC

A Canadian climate tech company and an Australian mining company have partnered to investigate carbon mineralisation opportunities at a nickel mine site in Vietnam.

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Climate fintech firm partners with US-based carbon analytics platform

Published 06:41 on September 29, 2023 / Last updated at 09:37 on September 29, 2023 / Asia Pacific, Australia, Bavardage, US, Voluntary

An Australia-based climate fintech firm has teamed up with a carbon credit pricing, data, and analytics company to build transparency around carbon projects.

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Indian green hydrogen ambitions may dampen Australia’s coal exports, report finds

Published 03:45 on September 29, 2023 / Last updated at 09:27 on September 29, 2023 / / Asia Pacific, Australia, International, Other APAC

Australia’s metallurgical coal may lose market share in coming decades as China’s steel industry recedes and its domestic production of coking coal rises while India’s plans to transition to using hydrogen in the steel making process could put a further dent on exports, according to a think tank.

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