AU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake
One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.
Read MoreINTERVIEW: Either have a market or don’t, Australian project veteran tells government, industry
A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.
Read MoreAustralian carbon trading firm raising A$25 mln – media reports
An Australian carbon trading company is seeking A$25 million ($17 mln) to expand into Asia, according to local media.
Read MoreAustralia sets course for national ecosystem accounting
The Australian Bureau of Statistics has released a paper outlining its approach to developing the country’s first national set of ecosystem accounts, ahead of a full rollout in early 2025.
Read MoreAustralasian group taps nature markets in investor toolkit
The Responsible Investment Association Australasia (RIAA) has launched a Nature Investor Toolkit, a guidance framework that also sheds light on opportunities related to nature markets.
Read MoreAustralian trio’s reef credits method approved by market administrator
Three Australian companies have announced their method to allow landholders to earn reef credits from improved grazing land management that seeks to boost soil health and improve water quality at the Great Barrier Reef (GBR) has been approved by the market’s overseer.
Read MoreXpansiv, S&P, CME Group collaborate on ACCU market products
A group of global trading houses will collaborate to offer new price assessments and products focussed on the growing Australian Carbon Credit Unit (ACCU) market, they announced Thursday.
Read MoreGlobal solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Read MoreQueensland coal miner granted state funding to cut emissions
A Queensland coal company covered by the Safeguard Mechanism has been granted funding from a state government initiative to cut carbon emissions from its operations.
Read MoreRio Tinto brings in local carbon business for tree planting trial for renewable diesel
Mining giant Rio Tinto is partnering with an Australian carbon abatement business on a renewable diesel pilot project using a particular kind of seed oil for fuel switching to help decarbonise its operations.
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