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Showing 11 - 20 of 56 results for "Australian Carbon Credit Unit"

Impact investment unlocks land finance for Traditional Owners

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
The Kullilli people of far south-west Queensland have acquired their traditional lands at Thargomindah Station through a financing partnership underpinned by cabon farming. The Kullilli Bulloo River Aboriginal Corporation (KBRAC) have purchased at auction ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Australian government has committed the Australian Public Service to a net zero 2030 target its Scope 1 and Scope 2 emissions. The Department of Finance has quietly rolled out the target, which will "achieve net zero by actively reducing emissions ...

Demystifying ACCUs: What are carbon credits and how do they work? - Gary Wyatt

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
Australian Carbon Credit Units have somewhat been in the firing line recently with the independent Chubb review recommending changes to improve transparency and confidence in the scheme. In this podcast, senior journalist Rose Mary Petrass speaks with ...

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
Companies need to address their Scope 3 emissions and sustainability claims for greenwashing, ahead of new Safeguard Mechanism rules. With Safeguard Mechanism reforms set to come into effect on July 1 for the hard-to-abate sector of industrial emitters ...

CBA invests in native seed merchant

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
Commonwealth Bank has invested in a native seed merchant as part of its strategy to develop carbon sequestration and biodiversity restoration projects. CBA has taken on a minority equity stake in Nindethana Seed Service Pty Ltd (Nindethana). The deal ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... high, but there is an increased risk in a cumulative shortfall to 2030. An independent review of the Australian Carbon Credit Unit (ACCU) scheme - the Chubb Review - has found the integrity of key methodologies is generally "sound," while recommending ...

Chubb Review recommends reforms to ACCU governance

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
An independent review of the Australian Carbon Credit Unit (ACCU) scheme has found the integrity of key methodologies is generally "sound," while recommending improvements to governance and transparency. The results of the Independent Review of Australian ...

Australia joins COP27 forests partnership

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... further. "We have seen now, carbon price signals in the California market, the New Zealand market, the [Australian Carbon Credit Unit], ACCU market, the [Verified Carbon Unit] VCU market, where the carbon market price reaches a reasonable level, land ...

CEFC, Grok Ventures back solar tech firm

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
The Clean Energy Finance Corporation (CEFC) has joined Mike Cannon-Brookes' Grok Ventures in backing an Australian company that is commercializing technology that could drastically cut costs and increase efficiency of solar panels. The CEFC and Main ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...