Global commodity markets platform company, Xpansiv, has announced the launch of a new electronic auction service designed to streamline the process of marketing and selling carbon credits.
Businesses should be prepared for a rapid increase in TCFD analysis of their climate risk exposure commissioned by third parties such as investors, business customers and climate activists, says leading advisor Dr Karl Mallon of consultancy XDI.
Prime Minister Scott Morrison today undertook to stop activists undermining the coal mining industry and prevent them using similar tactics against other big emitters.
Activist group Market Forces has criticised the big four banks for lending to fossil fuel projects including the Ichthys LNG development, but noted none of them funded a coal mine expansion in 2016.
Instead of just relying on companies to disclose carbon information to investors, it's time to establish a service that uses sophisticated techniques to collect facility–specific environmental data, says a leading international stranded assets think–tank.
The Queensland Land Court has recommended the State Government approve Adani's Carmichael coal mine, but only if it improves its water monitoring and "controls or regulates" threats to an endangered bird species.