“There is still hope” for a renewables revolution, despite Trump -experts
The goal of tripling global renewable energy capacity by the end of this decade is still within reach, despite the US likely backtracking on its energy transition in the next four years, renewable energy leaders and governments said on Thursday.
Read More2024 ACCU issuance hits record high, but short of regulator forecast
Last year saw some 18.78 million Australian Carbon Credit Units (ACCUs) issued to projects, a record high, but short of the 20 mln initially expected by the Clean Energy Regulator (CER), highlighting longer-term supply concerns.
Read MoreINTERVIEW: Environmental plantings ACCU project of choice for Safeguard facilities, CEFC head says
Compliance entities covered under the Safeguard Mechanism were the subject of focus behind the Clean Energy Finance Corporation’s (CEFC) decision to back environmental plantings projects, its head of natural capital told Carbon Pulse.
Read MoreIndustrial clusters can accelerate decarbonisation, but obstacles to clean energy persist -WEF
Creating industrial clusters can help to accelerate the rollout of clean energy infrastructure, helping to achieve economies of scale, share the risks, aggregate and optimise demand, and attract capital, according to a report released on Wednesday.
Read MoreAustralian oversight body explains the barring of beef herd management method
Australia’s carbon market oversight body cited evidence and uncertainties that the beef herd management methodology no longer meets the offset integrity standards (OIS), as to why it advised against renewing the method.
Read MoreAU Market: ACCUs slide to 4-mth low as election uncertainty rattles the market
Australian Carbon Credit Unit (ACCU) prices recovered slightly Wednesday after hitting a four-month low Tuesday, with the lead up to the next federal election and bearish signals affecting market sentiment.
Read MoreAustralia’s CER opens consultation to ease audit burden for smaller ACCU developers
Australia’s Clean Energy Regulator (CER) on Wednesday opened its draft Audit Thresholds Instrument 2025 for Australian Carbon Credit Units (ACCUs) for consultation.
Read MoreWoodside reports net emissions drop, as it expands South American carbon project
Australian oil and gas producer Woodside Energy says it has reduced its net emissions in 2024 compared to its baseline even as its overall gross emissions rose, as the company expanded a carbon credit project in South America.
Read MoreSouth Australia puts first Biodiversity Act out for consultations
The government of South Australia (SA) has opened public consultations on the draft text of the state’s first Biodiversity Act aimed at enhancing nature protection, including through establishing conservation targets and increasing penalties for environmental crimes.
Read MoreAustralia more than doubles annual land clearing rate in 2024, analysis finds
The Australian government approved the clearing of more than 25,000 hectares of threatened species habitat in 2024, more than double compared to the previous year, according to an analysis published Tuesday.
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