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Australian, Japanese firms to explore offset-backed ammonia from natural gas

Published 16:00 on July 21, 2021  /  Last updated at 16:00 on July 21, 2021  /  Asia Pacific, Australia, Japan  /  No Comments

Australia’s Woodside and a quartet of Japanese companies are exploring the possibility of using Australian natural gas to produce ammonia for the Japanese market, with associated CO2 emissions to be offset from CCS or bio-sequestration projects.

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Japan pitches big increase in renewables use at the cost of LNG, coal

Published 08:22 on July 21, 2021  /  Last updated at 09:26 on July 21, 2021  /  Asia Pacific, Japan  /  No Comments

Japan will double the share of renewables in its energy mix by 2030 and make large cuts in LNG and coal consumption, according to a proposal released by the nation’s industry ministry Wednesday.

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Sweden seeks out Article 6 projects in the Dominican Republic

Published 18:50 on July 16, 2021  /  Last updated at 17:25 on July 19, 2021  /  Americas, Climate Talks, EMEA, International, Japan, New Market Mechanisms, REDD, South & Central, Switzerland  /  No Comments

Sweden is inviting carbon-cutting projects in the Dominican Republic to bid to be the first initiatives that could ultimately deliver Paris Agreement-era carbon credits to the Nordic country.

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Shell, PetroChina sign 5-year deal on carbon neutral LNG

Published 12:00 on July 12, 2021  /  Last updated at 12:49 on July 12, 2021  /  Asia Pacific, China, China's Offset Market, International, Japan, Voluntary Market  /  No Comments

Oil and gas majors Shell and PetroChina on Monday announced a 5-year supply contract for LNG backed by carbon credits in what they said was the world’s first term deal for carbon neutral LNG.

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Global CO2 emissions in 2020 fell by most since WW2 -BP

Published 17:15 on July 8, 2021  /  Last updated at 00:15 on July 9, 2021  /  Americas, Asia Pacific, Canada, China, EMEA, International, Japan, Mexico, US  /  No Comments

Global carbon emissions from energy use dropped by the most in a single year since World War 2, as the COVID pandemic hit economic activity and fossil energy demand dropped, oil major BP said in its annual survey of the global energy sector.

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Carbon Pulse expands coverage of world’s largest CO2 markets with new reporter hires

Published 16:58 on July 1, 2021  /  Last updated at 16:58 on July 1, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Carbon Pulse has hired two new reporters to expand its coverage of the world’s two largest carbon markets.

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Japan casts wide net in funding new batch of JCM projects

Published 11:12 on June 30, 2021  /  Last updated at 11:12 on June 30, 2021  /  Asia Pacific, Japan, Other APAC  /  No Comments

Japan’s environment ministry has selected 11 new carbon-cutting projects for co-funding under its Joint Crediting Mechanism, picking schemes in Indonesia, Mexico, the Philippines, Thailand, and Vietnam.

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Japex, J-Power take steps to generate JCM offsets from Indonesian CCS projects

Published 15:03 on June 22, 2021  /  Last updated at 21:42 on July 12, 2021  /  Asia Pacific, Japan, Other APAC, Shipping  /  No Comments

Japan Petroleum Exploration Co. (Japex) and major power company J-Power have signed separate agreements with Indonesia’s state-owned Pertamina to earn carbon credits under the Joint Crediting Mechanism from CCS projects.

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UN shipping body postpones decision over global carbon levy, R&D fund

Published 19:54 on June 16, 2021  /  Last updated at 01:09 on June 17, 2021  /  Africa, Americas, Asia Pacific, EMEA, EU ETS, International, Japan, Shipping  /  No Comments

The International Maritime Organisation’s (IMO) environment committee on Wednesday discussed the introduction of a global carbon levy for ships but decided to postpone this and other decisions to an upcoming meeting in November.

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S&P Global Platts adds carbon neutral LNG to voluntary offset assessment portfolio

Published 12:26 on June 16, 2021  /  Last updated at 08:16 on June 17, 2021  /  Asia Pacific, Australia, China, China's Offset Market, EMEA, International, Japan, Other APAC, South Korea, Voluntary Market  /  No Comments

S&P Global Platts on Wednesday began assessing prices for carbon neutral LNG to tend to the growing interest across global energy markets to bundle carbon credits with LNG shipments.

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