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Showing 1 - 10 of 34 results for "Australian Carbon Credit Unit"

Labor victory likely to increase ACCU demand: CBA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
Demand for Australian Carbon Credit Units (ACCUs) is likely to rise as a result of Labor's victory in the federal election, according to CBA. With Anthony Albanese forming government, Labor will target a 43% reduction in greenhouse gas emissions from ...

HSBC funds blue carbon projects

RACHEL ALEMBAKIS  |  THURSDAY, 21 APR 2022  |  NEWS
HSBC is funding two new blue carbon projects - one relating to the Great Barrier Reef, the other to establish a framework for an investment fund. Each project builds on previous work funded by HSBC and aims to establish "the most effective way to harness ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
The Australian Carbon Credit Unit (ACCU) market must scale up in terms of supply while maintaining its reputation for high integrity, according to Commonwealth Bank of Australia. One of the challenges in Australia's carbon market is that there is a ...

Property manager buys nearly 100,000 carbon credits for offsetting

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
Industry Super Property Trust (ISPT) has purchased nearly 100,000 Australian Carbon Credit Units (ACCUs) to meet carbon neutral commitments for its property portfolio. ISPT has purchased and surrendered 97,000 ACCUs, representing one metric tonne of ...

CEFC makes $25m allocation to Orica to manage nitrous oxide

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 NOV 2021  |  NEWS
The CEFC is making its first direct investment into the manufacturing sector with a $25 million commitment to Orica to abate nitrous oxide emissions. The $25 million allocation will allow Orica to upgrade processing plants used in the production of ...

Fiji, Australia sign Indo-Pacific Carbon Offsets Scheme deal at COP26

RACHEL ALEMBAKIS  |  TUESDAY, 2 NOV 2021  |  NEWS
Fiji will become the first international partner to join Australia's recently established Indo-Pacific Carbon Offsets Scheme. The scheme was announced in April and is modelled on Australia's Emissions Reduction Fund. Its aim is to develop a high-integrity ...

CEFC in $50m agri-platform investment

RACHEL ALEMBAKIS  |  TUESDAY, 19 OCT 2021  |  NEWS
The Clean Energy Finance Corporation has invested $50 million towards a sustainable farming platform aimed at using data-driven practices to make farms more productive and resilient to climate change. The CEFC made the allocation to the Transforming ...

Carbon offsets essential to net zero ambitions: Grattan Institute

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
Carbon offsets will be required to achieve net zero targets, and government should set clear policy around the use of offsets and that the offsets used have high integrity, according to the Grattan Institute. The Grattan Institute has published Towards ...

IPCC report highlights need for urgent action in Australia: CMI

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... to reduce greenhouse gas emissions for specific projects. ERF participation and the growth of the Australian Carbon Credit Unit (ACCU) sector points to the potential for a much larger market in Australia, Connor noted. Connor further pointed to the CER ...

Mitsubishi buys stake in Australian carbon credit developer

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
Mitsubishi Corporation has bought a 40% stake in an Australian nature-based developer of carbon credit projects. Mitsubishi Corporation said their investment in Australian Integrated Carbon (AIC) "falls in step with our sustainability objectives, which ...
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