New data from the Clean Energy Regulator shows a record 17.7 million ACCUs were issued in 2022 with unit numbers forecast to rise again in 2023, while cancellation of ACCUs by private companies increased by 56% compared to the previous year.
Federal Minister for Resources Madeleine King has urged industry to invest in carbon capture and storage technologies and dismissed the idea of banning new gas projects in a speech to the oil and gas industry in Perth.
The threshold for inclusion in the Safeguard Mechanism should be reduced from 100,000 tonnes of carbon to just 25,000 tonnes according to the Productivity Commission.
A new report from IP Australia shows patents for hydrogen-related technologies began to surge globally from 2015 onwards with China dominating the sector filing a total of 17,264 hydrogen patents, while Australia ranks 16th with 193.
A team of leading design specialists from the RMIT have called on the federal government to establish a central body to co-ordinate Australia’s transition to a circular economy through product design.
Global pallet management company Brambles has raised 500 million Euro ($A800 million) in its first green bond issue, with the proceeds to be used for the company’s sustainability strategy and to fund its eligible green assets.
The WA EPA has recommended the greenhouse gas conditions in the Ministerial approval for Woodside’s Pluto project be reviewed to bring them up to date with “contemporary GHG conditions” and to reflect Woodside’s 2021 greenhouse gas abatement program.
Leading Australian-listed resource recovery company Close the Loop is on the verge of a major acquisition in the US, with the shares going into a trading halt today ahead of the announcement.
