APAC carbon credit supplier calling for premium to ACCUs in upcoming offer round
An Asia Pacific carbon credit supplier is offering credits for bidding at a significant near-50% premium over generic Australian Carbon Credit Units (ACCUs).
Read MoreCoal mine emissions reporting change will squeeze ACCU market, report says
Changes to the Safeguard Mechanism reporting methods in Australia will hit the nation’s coal mines and their new methane emissions calculations, which is likely to eventually drive up the price of Australian Carbon Credit Units (ACCUs), according to analysis published Tuesday.
Read MoreJapanese gas partners sign on for CCS study
Japan’s largest LNG developer has partnered with a local power company for a joint study on capturing post-combustion CO2 in Japan for transport to Australia for permanent sequestration.
Read MoreANALYSIS: Nature Repair Market needs govt investment, greater transparency, submissions say
Australia’s Nature Repair Market (NRM) rules need greater transparency and additionality assurances to increase investor confidence, while the government must lead investment in order help support its fundamentals, stakeholders have urged.
Read MoreAustralian CCS project set to start earning ACCUs
Australia’s second-largest carbon capture and storage (CCS) project has started up in the remote desert of the Cooper Basin and is set to earn 250,000 Australian Carbon Credit Units (ACCUs) by the end of the year.
Read MoreAustralia Market Roundup: Complaint launched against Qantas “fly neutral” claims, ACCU issuance increases
An environmental legal group has submitted a greenwashing complaint to Australia’s consumer watchdog over airline Qantas’ “fly carbon neutral” product and its broader sustainability claims.
Read MoreLogging in Australian state kills or displaces 300,000 animals a year, report estimates
Over 300,000 animals are killed or displaced annually in Tasmania, Australia due to logging-related activities, a paper published this week estimated.
Read MoreCCS capacity ramping up, NDCs may drive further growth, says report
There are now 50 carbon capture and storage (CCS) facilities operating across the world and another 628 in various stages of development, according to a report released Tuesday, with the inclusion of the technology in national UN climate strategies likely to drive further expansion.
Read MoreScientist examining HIR ACCU project compliance refutes damning study findings
A scientist tasked with scrutinising Australian human-induced regeneration (HIR) projects on behalf of the Clean Energy Regulator has hit back against accusations about his practices and findings that the projects are over-credited.
Read MoreNew Zealand broker to launch new trading platform
A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.
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