The Clean Energy Regulator expects a rapid change in the carbon credit market towards long-term contracts, as big commercial buyers look to secure a reliable supply of credits.
A suite of new renewables power purchase agreements developed by the Renewable Energy Hub will reduce power bills for seven major infrastructure assets and speed their advance towards net-zero.
Investing in large-scale wind and solar generation in the Pilbara will be a decarbonisation priority for Rio Tinto over the next three years, with the repowering of its two Australian smelters not far behind.
Gold miner Northern Star Resources has revealed its decarbonisation strategy, and says the unexpected discovery of rare butterflies at Kalgoorlie has prompted it to reassess how a project proceeds.
AGL will reduce its carbon emissions out to 2050 by at least an extra 90 million tonnes, and will partner with others to repurpose its fossil fuel generation sites into circular economy hubs.