Australia and Germany sign €400 mln H2 funding cooperation agreement

Published 03:06 on September 13, 2024  /  Last updated at 04:50 on September 13, 2024  / /  Asia Pacific, Australia, EMEA, International

Australia and Germany have signed a A$660 million (€400 mln) agreement to deepen their cooperation on green hydrogen supply chains and guarantee European buyers for Australian hydrogen producers, the two countries announced Friday.

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Australia takes further steps to shore up renewable energy dreams with verification scheme

Published 12:28 on September 12, 2024  /  Last updated at 12:28 on September 12, 2024  / /  Asia Pacific, Australia

Australia’s Labor government has introduced its Guarantee of Origin bill to parliament as part of the Future Made in Australia (FMIA) policy that was recommended by a senate committee last week.

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Qantas tweaks its carbon strategy as tightening credit, SAF supply seen as ongoing risk

Published 08:58 on September 12, 2024  /  Last updated at 08:58 on September 12, 2024  / /  Asia Pacific, Australia, Aviation/CORSIA, International

Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.

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FEATURE: Offshore wind is gaining traction in APAC, but regulatory gaps, supply chain bottlenecks could stifle deployment

Published 06:04 on September 12, 2024  /  Last updated at 06:04 on September 12, 2024  / /  Asia Pacific, Australia, China, Japan, Other APAC, South Korea

The offshore wind industry in the Asia Pacific is displaying significant growth in a patchwork fashion, but missing regulatory frameworks and significant supply chain bottlenecks down the track will require careful planning, according to experts. 

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DATA DIVE: Voluntary carbon projects have become better for biodiversity over time

Published 18:19 on September 11, 2024  /  Last updated at 15:06 on September 13, 2024  / /  Africa, Americas, Asia Pacific, Australia, Data Dive, International, Mexico, Nature-based, US, Voluntary

Nature-based voluntary carbon projects are becoming increasingly beneficial for biodiversity, according to new data from AlliedOffsets that has been shared with and analysed by Carbon Pulse.

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Australia releases battery consultation paper prior to funding round open

Published 13:18 on September 11, 2024  /  Last updated at 13:18 on September 11, 2024  / /  Asia Pacific, Australia

Australia has released a consultation paper for entrants to the wide scale battery industry and value chain the nation hopes to build in a bid to further its ambitions as a renewable energy and battery superpower while reducing emissions.

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Natural capital investments could pass $1 trln within two decades, financier says

Published 13:07 on September 11, 2024  /  Last updated at 13:07 on September 11, 2024  / /  Australia, Biodiversity, International

Total investments in the natural capital asset class could rise to $1 trillion or more over the next two decades, on the back of revenues from outputs including biodiversity markets, investor New Forests has said.

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CME releases details of upcoming ACCU futures contract

Published 09:57 on September 11, 2024  /  Last updated at 10:55 on September 11, 2024  / /  Asia Pacific, Australia

Global trading house CME Group has provided details of its Australian Carbon Credit Units (ACCUs) futures contract, adding to the sole such offering currently available in the market, from the Australian Securities Exchange.

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Australian govt earmarks A$215 mln for species protection, habitat restoration

Published 09:46 on September 11, 2024  /  Last updated at 09:46 on September 11, 2024  / /  Asia Pacific, Australia, Biodiversity

The Australian government has ringfenced over A$215 million ($143 mln) to ramp up efforts in nature restoration and native species protection, it announced Wednesday.

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Australian states announce forestry, Indigenous ACCU initiatives

Published 08:04 on September 11, 2024  /  Last updated at 08:04 on September 11, 2024  / /  Asia Pacific, Australia

Western Australia and New South Wales have announced initiatives to support projects that will earn Australian Carbon Credit Units (ACCUs), with a focus on forestry and Indigenous environmental plantings (EP) projects.

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