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Showing 1 - 10 of 92 results for %22Australian Carbon Credit Unit%22

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... carbon project developer CO2 Australia, at $0.00091 per share. The developer has not yet generated any Australian Carbon Credit Units (ACCU), but has registered nine projects across Queensland and New South Wales with the Clean Energy Regulator. Avatar ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian carbon credit units (ACCU). CER first sought expressions of interest for participants to develop Australia's first carbon exchange in 2021 ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... first close include Swedish pension fund Andra AP-fonden; German pension group Bayerische Versorgungskammer, and the Australian Government's Clean Energy Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down ...

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 ...

Impact investment unlocks land finance for Traditional Owners

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
... deal. "The unique element is that this loan is to designed to be repaid through the proceeds of selling Australian Carbon Credit Units, not selling the land or any other revenues," Wood said. "The impact was first class and really something we wanted ...
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