Qantas will use 10% sustainable aviation fuel by 2030, potentially sourcing feedstock from a huge revegetation project in Western Australia, as part of its net-zero strategy.
Australia needs a RET-style certificate scheme to support the partial substitution of renewable hydrocarbons for diesel, avgas and bunker fuels, according to the Grattan Institute.
HSBC and climate change advisory firm Pollination Group plan to raise US$6 billion for investment in nature-based projects and Australia is likely to attract a significant portion, according to Pollination co-founder Martijn Wilder.