Category: carbon credits

AI Could Help Australian Farmers Test for Carbon

January 11, 2023
AustraliaBusiness & Marketscarbon creditscarbon farmingenergyWorld
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Researchers are hoping that a project that uses artificial intelligence and satellite imagery could make it cheaper and easier for landowners to realise the potential of carbon on their farms. Mohammed Rahman from Federation University is leading the research that includes the development of a machine that can then learn to give accurate soil carbon…

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Australia’s Top Polluters Will Get $600 Million to Reduce Emissions by 5 Percent Every Year

January 10, 2023
AustraliaBusiness & Marketscarbon creditsChris Boweneconomyemission targetsenergyInternationalnet zeroWorld
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Australia’s biggest polluters will be required to reduce their net emissions by almost 35 percent by 2030 under the federal government’s new safeguard mechanism reforms. Minister for Climate Change and Energy Chris Bowen said the reforms will support the country’s biggest emitters to remain competitive in a global economy while they work to reduce emissions….

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London Stock Exchange Sets Listing Rules for Firms Financing Carbon-Reduction Projects

October 10, 2022
Business & Marketscarbon creditscompliance carbon marketeconomyenergyinflationLondon Stock ExchangeUKvoluntary carbon marketsWorld
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The London Stock Exchange (LSE) established listing rules for companies that finance carbon-reduction projects in a bid to ensure greater transparency in the market. According to the new rules, a company or fund intending to finance a project aimed at reducing carbon emissions must issue a prospectus—containing details of the project—vetted by the Financial Conduct…

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Australia Adds ‘Blue Carbon’ to Credit System

January 21, 2022
Australiacarbon creditscarbon dioxideclimateemissionsenergyWorld
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More farmers, businesses, and industries will now be able to claim and cash-in Australian Carbon Credit Units (ACCU)—a financial instrument awarded to those who reduce their carbon dioxide emissions—with the inclusion of mangroves and tidal marshes to the carbon offset scheme. One carbon credit represents one tonne of carbon dioxide stored or avoided. These can…

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