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Showing 11 - 20 of 123 results for "carbon credits"

Clean energy approvals increase

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
... million ACCUs (55% of all holdings) were held in Safeguard or Safeguard related accounts," Williamson said. The carbon credits industry is on track to supply this growing demand, with 20 million ACCUs to be issued in 2024. The generic ACCU spot price ...

MSCI launches offset rating

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
... "MSCI Carbon Project Ratings give clients the confidence to stake their strategies, capital and reputations on carbon credits while allowing them to compare credits across the entire market, mitigate risks from investment decisions, and fulfil disclosure ...

Blockchain for carbon credits: Northern Trust

ROSE MARY PETRASS  |  FRIDAY, 13 SEP 2024  |  NEWS
The US$1.4 trillion global wealth manager has begun to use blockchain to sell carbon credits to institutional buyers. Part of Northern Trust's Digital Assets and Financial Markets group, the Northern Trust Matrix Zenith is a platform for project developers ...

Music mecca hits the right note for nature

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... nature. Asia-Pacific carbon offsets provider Tasman Environmental Markets (TEM), the leading voluntary Australian carbon credits provider, teamed up with biodiversity credit developer Wilderlands to bring the new solution to market. The Biological Diversity ...

Canberra to expand ACCU scheme

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... carbon offsets market and firm up its integrity. Last year the Climate Change Authority undertook a review of the Carbon Credits (Carbon Farming Initiative) Act 2011. The review assessed additionality, permanence, and leakage, supply and demand, land ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
The ASX-listed companies have poured $80 million into a new Australian carbon credits fund from Silva Capital. The Silva Carbon Origination Fund is one of the first funds in Australia to invest in large-scale, high-integrity Australian Carbon Credit ...

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... Mechanism is set to put a cap on emissions commencing this financial year. This will essentially force reliance on carbon credits for unavoidable emissions. Around half of all ACCUs currently sit in the registry accounts of safeguard or safeguard-related ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... the tech is key to meeting its carbon reduction goal. The firm has made the largest ever direct air capture (DAC) carbon credits purchase by volume to date, buying 500,000 metric tons of carbon dioxide removal (CDR) credits over six years for an undisclosed ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
... and the NewClimate Institute. The letter responds to increasing pressure to allow countries and companies to use carbon credits most notably with the public statement of the Science Based Target Initiative (SBTi) board of trustees. The group says offsets ...

Climate Change Authority appoints new chair

ROSE MARY PETRASS  |  MONDAY, 24 JUN 2024  |  NEWS
... leadership, the CCA established an annual review of progress to government, as well as led legislative reviews of the Carbon Credits Act and the National Greenhouse and Energy Reporting Scheme. Ahead of his exit, King will deliver the CCA's advice on ...