Top 20 fossil fuel countries need to ramp up transition in next Paris pledges -report
A third of the world’s 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
Read MoreAustralian, Japanese companies team up on biochar, soil health
An Australian biochar and carbon dioxide removal project developer has formed a partnership with a Japanese agri-tech firm to focus on scaling the global biochar market, they announced Wednesday.
Read MoreAcademics find holes in Verra’s new consolidated voluntary carbon methodology for REDD+
Verra’s consolidated methodology for REDD+ could still see voluntary carbon project developers use inside knowledge to cherry pick forests that are unlikely to be chopped down, because they have been overlooked in the jurisdictional maps used to assess the risk of deforestation, warns a new academic paper.
Read MoreAustralian soil tech developer to undertake review of carbon business after “disappointing results”, CEO departure
An Australian soil carbon tech developer on Tuesday announced a complete review of its carbon business due to what it described as “disappointing results to date” and the departure of its managing director and CEO.
Read MoreAustralia Market Roundup: Progress being made on securing COP31, opposition won’t announce 2030 emissions reduction target
Australia is making “strong progress” on securing its bid to host COP31 in 2026, Climate Change and Energy Minister Chris Bowen said Tuesday, as opposition leader Peter Dutton told media he would not set a 2030 emissions reduction target until after next year’s election.
Read MoreFormer Viridios head joins advisory firm as carbon markets director
A former head at fintech company Viridios in Australia has joined an engineering advisory firm as carbon markets director, they announced Monday.
Read MoreANU experts trash governments draft landfill gas ACCU method options
A group of experts have raised concerns with the reform options put forward by the government to overhaul Australia’s landfill gas method, describing them as deeply flawed and politically motivated.
Read MoreAustralia’s AgriProve issued 9,000 ACCUs from soil carbon projects
Soil carbon developer AgriProve has been issued over 9,000 Australian Carbon Credit Units (ACCUs), generated at two of its projects in Queensland.
Read MoreAustralian opposition signals intention to quit the Paris Agreement
The Australian opposition Coalition have declared it will get rid of the country’s 2030 emissions reduction target, arguing the goal is unachievable, and by extension withdraw from the UN’s Paris Agreement if it wins the next election.
Read MoreAU Market: Forward volumes surge to record levels in May, analysis shows
While Australian carbon prices were relatively range bound in May, there was a record increase in credits traded under derivative contracts such as forward and options, according to analysts.
Read More
