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Showing 1 - 10 of 56 results for "Australian Carbon Credit Unit"

Sandon Capital to buy carbon farms

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
An activist fund has lobbed a $11.6 million cash takeover bid for a majority stake in 30 Western Australian carbon farms. Carbon Conscious Investments (CCI) holds carbon property rights to nearly 17,000 hectares of Mallee trees plantation in the WA ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
Some carbon credits may increase emissions, potentially costing billions of dollars for businesses that must rely on offsets to comply with Safeguard Mechanism. Carbon credits are widely used policy tool to offset the carbon produced by heavy emitters ...

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
The beginning of 2024 has seen a maturing carbon market attracting greater attention from stakeholders across various sectors, indicating a surge in demand in both voluntary and compliance markets. Xpansiv invests in Evident US energy market infrastructure ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... there is value in a voluntary market-based mechanism for nature-positive activities alongside the Australian Carbon Credit Unit (ACCU) framework, but it should be in addition to, rather than a substitute for, public investment and regulatiosn. "The exclusion ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... (VCMs). The guidance comes as Australia's independent watchdog conducts a review into Canberra's Australian Carbon Credit Unit (ACCU) scheme. According to VCMI, use of VCMs could unlock over $50 billion by 2030 if used as part of corporate transition ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
The price of Australian Carbon Credit Units (ACCUs) is likely to double by 2035, meaning that companies should act now to reduce or abate emissions, according to EY. EY has published Changing Gears: Australia's Carbon Market Outlook 2023, which ...

Record number of soil ACCUs issued for Queensland graziers

ROSE MARY PETRASS  |  WEDNESDAY, 27 SEP 2023  |  NEWS
Two Queensland farmers have been awarded a record amount of 94,666 Australian Carbon Credit Units (ACCUs) by the national Clean Energy Regulator - the largest allocation for an individual soil carbon farming project in Australia to date. Regenerative ...

Kyoto credits cancellation brings tough implications for investors

ROSE MARY PETRASS  |  THURSDAY, 21 SEP 2023  |  NEWS
... released recommendations from the Chubb Review, a consultation paper on proposed amendments to the Australian Carbon Credit Unit (ACCU) Scheme, to address integrity concerns. The paper is open for feedback until October 2023. At the summit, the shadow ...
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