Beef producer AACo, which manages a $1.2 billion portfolio of cattle stations extending over 6.4 million hectares, has reviewed its climate risk exposures, and will do the same for nature risks.
Western Australia is drafting a Bill to establish a new type of lease for pastoral lands to smooth the way for renewable energy, carbon farming and conservation activities.
Carbon credits from human-induced regeneration projects are trading at a premium, even though their integrity has been called into question, according to carbon and energy analyst RepuTex.
The Western Australian Parliament has passed a Bill that allows the Forest Products Commission to create Australian Carbon Credit Units by expanding its plantations estate.
Chevron will significantly increase its spending on carbon capture and nature-based credits, and will develop a new business as a CCS service provider.