Australian state pulls together big data for better CCS mapping
The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.
Read MoreCN Markets: CEA price rebound to 90 yuan level, trading volumes increase
Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline.
Read MoreEnvironmentally harmful subsidies grow to $2.6 trillion per year, study says
Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.
Read MoreJapanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania
A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.
Read MoreAirline operators face future CORSIA compliance risk as Article 6 negotiations drag on -report
Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.
Read MoreINTERVIEW: Biodiversity credit rebranding into ‘nature asset’ could unlock corporate demand
A Brazil-based biodiversity and carbon developer is considering transitioning from a ‘credit’ to a ‘nature asset’ approach in a bid to attract corporate funding, the company told Carbon Pulse.
Read MoreAU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake
One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.
Read MoreCarbon credit platform, French utility subsidiary in partnership to boost transparency, innovation in VCM
A France-based carbon crediting platform is teaming up with the subsidiary of a state-owned utility in the country to “promote transparency and innovation” in the voluntary market.
Read MoreUS investment manager launches venture to earn carbon credits from planting oyster farms
A US-based investment manager has launched a new company with the goal of generating carbon credits through planting 6 million oysters in the Chesapeake Bay.
Read MoreINTERVIEW: Either have a market or don’t, Australian project veteran tells government, industry
A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.
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