Australia environmental offset audit an ‘important exercise’, webinar hears, though govt refuses to release full findings

Published 08:54 on April 23, 2024  /  Last updated at 08:54 on April 23, 2024  / /  Asia Pacific, Australia, Biodiversity

The Australian government learned important lessons from its environmental offset audit process, officials told a webinar last week, but is refusing to publicly release the full report on its findings.

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Australian companies sign up to Qantas SAF programme

Published 07:23 on April 23, 2024  /  Last updated at 07:23 on April 23, 2024  / /  Asia Pacific, Australia, Aviation/CORSIA, International

Multiple Australian companies have joined Qantas’ Sustainable Aviation Fuel (SAF) Coalition, opting to contribute to the cost of SAF rather than relying on carbon offsets, the airline said Tuesday.

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Australia Market Roundup: Capacity Investment Scheme targets 6 GW of renewables in May, ACCU issuance increases

Published 02:45 on April 22, 2024  /  Last updated at 02:52 on April 22, 2024  / /  Asia Pacific, Australia

The federal government has announced 6 gigawatts of new variable renewable energy projects will go out for tender in May, as part of its Capacity Investment Scheme (CIS).

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SBTi boss “regrets distress” caused by proposed change to carbon offset use policy

Published 23:37 on April 19, 2024  /  Last updated at 23:59 on April 19, 2024  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, EMEA, International, Japan, Mexico, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary

The CEO of the Science Based Targets initiative (SBTi) has reaffirmed the organisation’s dedication to robust science-based decarbonisation standards, saying he “deeply regrets the concern and distress” caused by a proposed change in its policy regarding offsets.

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Australia’s Clean Energy Regulator writes to Safeguard entities over ACCU compliance concerns -source

Published 13:32 on April 19, 2024  /  Last updated at 06:02 on April 22, 2024  / /  Asia Pacific, Australia

The Clean Energy Regulator has written to entities covered under the Safeguard Mechanism raising concerns that they are not implementing strategies fast enough to meet their compliance obligations ahead of the February surrender deadline, a source has told Carbon Pulse. 

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Australia’s Queensland legislates emissions reduction target of 75% by 2035

Published 08:11 on April 18, 2024  /  Last updated at 08:11 on April 18, 2024  / /  Asia Pacific, Australia

Australia’s state of Queensland on Thursday passed legislation to reduce the state’s emissions by 75% by 2035, as well as to achieve 80% renewable energy generation by the same date.

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ANALYSIS: Australian landfill gas method rework consultation ‘imminent’ as ERAC assessment deemed litmus test for overhauled body

Published 06:05 on April 18, 2024  /  Last updated at 06:05 on April 18, 2024  / /  Asia Pacific, Australia

The Australian government is expected to ‘imminently’ release a discussion paper on the rework of its landfill gas methodology and likely finalise it by the end of the year, but market participants are still left guessing what will be done with one of the market’s biggest-yielding project types.

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CCS won’t solve steel emissions -report

Published 11:39 on April 17, 2024  /  Last updated at 11:39 on April 17, 2024  / /  Americas, Asia Pacific, Australia, EMEA, International

Carbon capture and storage has been passed by for better technologies to decarbonise the steel sector, according to analysis released this week.

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INTERVIEW: Australian biodiversity credit developer plans huge scale up, sees tradable units as “inevitable”

Published 10:56 on April 17, 2024  /  Last updated at 10:56 on April 17, 2024  / /  Asia Pacific, Australia, Biodiversity

Australian biodiversity credit developer Wilderlands has just passed 100,000 units sold, each of which protects one square metre of land, but wants to increase that ten-fold within the next year.

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Australia, Singapore looking to clean, green maritime operations

Published 04:18 on April 17, 2024  /  Last updated at 00:43 on April 18, 2024  / /  Asia Pacific, Australia, Other APAC, Shipping

Singapore and Australia plan a A$20 million ($12.85 mln) spend via the Australia-Singapore Initiative on Low Emissions Technologies (ASLET) for maritime and port operations, the two said Wednesday.

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