Former 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 MoreAustralia massively revises up its land sector carbon sink
Australia’s GHG emissions failed to budge in the December quarter, according to recently published figures, however a significant recalculation in the country’s land use, land use change, and forestry (LULUCF) category sparked concerns from experts.
Read MoreANALYSIS: Momentum for direct air capture growing in new countries, but US still the standout
Momentum is building in specific markets for direct air capture investment, according to attendees at a carbon dioxide removal (CDR) event held in Zurich this week.
Read MoreAustralian fund manager placed to be wound up after a string of bad carbon, agricultural deals
A Sydney-based fund manager has been ordered wound up by the Australian Tax Office (ATO) over unpaid debts after recently going into administration, leaving a litany of bad carbon project development deals in its wake.
Read MoreNational Australia Bank details A$80 bln 2030 climate finance ambition, sets interim sectoral decarbonisation targets
National Australia Bank (NAB) will provide A$80 billion ($53 bln) in climate-related finance by 2030 and has set interim decarbonisation targets for certain lending sectors. according to its climate disclosures report published Thursday.
Read MoreReport finds Australia well placed to drive the decarbonising of Asia-Pacific steel
Australia could be a key intermediary in decarbonising the Asia Pacific’s iron and steelmaking processes, according to a BloombergNEF report released Wednesday, saying it would be more economically feasible compared to other methods being explored by itself and its trade partners.
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