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Showing 1 - 10 of 18 results for "carbon units"

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... and renewable energy. The plantations are viable to generate additional future revenue through Australian Credit Carbon Units (ACCUs). David Shelton, managing director, Australia and New Zealand at New Forests commented: "Since New Forests launched its ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... Karoon Energy reducing emissions in operations where it can and offsets the rest through the use of REDD+ [Verified Carbon Units] VCUs. "By the time we get to 2035, we aim to be only using removals-based offsets, which is a challenge for our company," ...

Mike Cannon-Brookes, CEFC back biosequestration startup

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
... soils for longer periods of time," says Loam co-founder and CEO Guy Hudson. "Increasing the quantity and quality of carbon units farmers can produce per hectare, makes participating in carbon projects more economically valuable for farming enterprises." ...

Experts weigh implications of Labor's ETS proposal

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2016  |  NEWS
... tweak that, which would allow them to have the interim scheme," de wit said. "At the moment, there are prescribed carbon units under the safeguard mechanism for people that go above the current baseline. They would then need to work out the baselines ...

Assessing likely process, impacts of first ERF auction

RACHEL ALEMBAKIS  |  FRIDAY, 20 FEB 2015  |  NEWS
... also questions as to whether a voluntary market for local ACCUs will develop, given that internationally, voluntary carbon units are priced at less than $2 per tonne, Lauber-Patterson said. "The auction design may create some negative reactions by participants," ...

Business begins unwinding of carbon tax arrangements

RACHEL ALEMBAKIS  |  FRIDAY, 18 JUL 2014  |  NEWS
... under the scheme in that they have to acquit their 2013/2014 liability, which means that they will have to surrender carbon units equivalent to around 25% of their 2013/2014 liability by 1 February next year." Another element to consider is the extent ...

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
... meet their liabilities for the 2013/2014 year in full. This means that, on 15 June 2014, they will need to surrender carbon units to cover their interim 2013/14 emissions liability and, on 1 February 2015, they will need to surrender carbon units to ...

Government drafts legislation to bring forward ETS timeline

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
... limit for Kyoto units will be decreased as a way to facilitate the convergence of the price of EUAs and Australian carbon units. The sub-limit on Kyoto units will be 6.25% of an entity's liability in 2014-15, increasing to 12.5% for liabilities that ...

Capturing the upside potential of Australia's carbon market

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
... inhibited by political uncertainties, businesses are beginning to plan for a longer term future where buying and selling carbon units and permits is a part of their strategy. Nick Armstrong, CEO COzero "Last year it was a question of is there going to ...

Ernst & Young: go beyond carbon price implementation

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
... change and sustainability leader. "For example, businesses are unlikely to forward purchase significant volumes of Carbon Units (CUs) at advance auctions (expected to commence in FY14) until it is clear that this will be necessary or that there will ...
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