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Showing 11 - 20 of 67 results for "sequestration"

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... 34% of carbon abatement respectively from 2024-2050, and 22% for aluminum and chemicals. For the power sector, CCS sequestration may account for up to eight gigatons of carbon dioxide annually. Australia needs to triple its renewable energy capacity ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... Roc Partners and C6 Investment Management, will acquire or lease agricultural land to develop large-scale carbon sequestration projects by replanting cleared areas while ensuring the land remains productive for farming. "These high-integrity environmental ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... to invest in a controversial technology aiming to capture CO2 and store it underground through "subsurface saline sequestration". The world's leading tech company with US$3.15 trillion market cap says the tech is key to meeting its carbon reduction goal. ...

Three innovations to fix carbon market

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... Industry Network (ICIN) - whose members manage over 50% of Australia's landmass. CMI CEO John Connor says land-based sequestration must be ramped up to eight times its current level by 2050 to limit warming to 1.5 degrees. "After a turbulent few years ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down emissions through sequestration, by supporting the development of new greenfield plantations. It will also support the conversion of existing hardwood plantations ...

L'Oréal Groupe invests in First Nations-led biodiversity

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... the Wudjari Nyungar people will own legal title to land and long-term income from landscape rejuvenation, carbon sequestration through certified carbon credits, and regenerative agriculture. The land and biodiversity restoration project will support ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... amid a storm of controversies around the future of carbon credit programs, the limitations of land-based carbon sequestration, and the role of speculative technology. When published, the final recommendations of the CCA's review will provide critical ...

UniSuper, pension funds buy forestry fund

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... register a plantation forestry method with the Clean Energy Regulator, which allowed for the recognition of carbon sequestration in new and longer-rotation plantation forests as well as the carbon stored in wood products, New Forests said at the time. ...

Record number of soil ACCUs issued for Queensland graziers

ROSE MARY PETRASS  |  WEDNESDAY, 27 SEP 2023  |  NEWS
... we experienced three very dry years, and we were concerned this would have a negative impact on the soil carbon sequestration. However, by focusing on developing better grazing practices and improving ecological health, we were able to increase overall ...

Aussie farmers call for climate courage

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... shelterbelts, native foods, biofortified crops, integrated perennial plants, improved land management, cropland carbon sequestration, and degraded land restoration. "I do believe that we are living in a time where we need to grow courage to confront ...