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Showing 31 - 40 of 182 results for "carbon credit"

Music mecca hits the right note for nature

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
An iconic Aussie music festival is the first entity to invest in a new offering that kills two birds with one stone, as companies start understanding the link between carbon and nature. Asia-Pacific carbon offsets provider Tasman Environmental Markets ...

Canberra to expand ACCU scheme

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... and demand, land use competition, and the intersection with the Safeguard Mechanism. It found that the Australian Carbon Credit Unit (ACCU) Scheme was performing well with robust governance, compliance and enforcement structures. It made 15 recommendations ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... Carbon Origination Fund is one of the first funds in Australia to invest in large-scale, high-integrity Australian Carbon Credit Units (ACCUs) produced through land reforestation. Silva Capital is aiming to raise $250 million for the fund, targeting ...

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... available today on the ASX 24 Market are: physically delivered Large Generation Certificate (LGC) Futures, Australian Carbon Credit Unit (ACCU) Futures, and New Zealand Unit (NZU) Futures. They will support liquidity and scale across regional carbon ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
Microsoft is only the latest tech giant 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 ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
A group of more than 80 global finance industry advocates bodies and nonprofits have come out against the use of carbon offsets, in a letter stating they only delay action. Signatories include Banktrack, Reclaim Finance, ShareAction, Finance Watch ...

Climate Change Authority appoints new chair

ROSE MARY PETRASS  |  MONDAY, 24 JUN 2024  |  NEWS
Former NSW liberal member Matt Kean will take over as the new Climate Change Authority (CCA) chair in August, with the founder of an impact investment firm named a new member. This comes amid ongoing debate around the efficacy of nuclear energy, with ...

CIM to develop ACCUs with Greening Australia

ROSE MARY PETRASS  |  MONDAY, 20 MAY 2024  |  NEWS
... Conscious Investment Management (CIM) has partnered with an environmental non-profit to jointly develop Australian Carbon Credit Units (ACCUs) under the environmental planting methodology. The first acquisition under the partnership will restore biodiversity ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... from 2027. Other notable allocations include: $399m for the Net Zero Economy Authority, $48m for the Australian Carbon Credit Unit scheme, $170.6m to expediate renewables project approvals, $63.8m to support emissions reduction in the agriculture, $178.6m ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... It also responds to changes in the regulatory landscape for carbon markets since May 2015, including Australian Carbon Credit Units (ACCUs). An ASIC spokesperson told FS Sustainability: "As the consultation paper (CP) notes, we are seeking feedback on ...