Carbon News - Intelligence for the carbon market


Teens take their climate crisis plea to court

Tuesday - Eight teenagers and an octogenarian nun are in Australian court today to launch what they hope will prove to be a landmark case – one that establishes the federal government’s duty of care in protecting future generations from a worsening climate crisis.

OPINION: Carbon tariffs are not about Australia

24 Feb 21 - Reports that Britain’s prime minister, Boris Johnson, is considering calling for carbon border levies at the G7 summit to be held in London in June have produced a predictable reaction from the Australian government.

Gas networks eyeing hydrogen

23 Feb 21 - Australia's' natural gas pipeline owners are working to future-proof their $A75 billion in assets amid a global push towards clean energy, running tests to blend hydrogen with gas and produce green methane to replace the fossil fuel.

How can soil carbon cut Australia's emissions?

22 Feb 21 - The Australian Government is backing soil carbon – drawing carbon from the atmosphere and storing it in the land – as a major part of its response to the climate crisis.

Sinking coal profits prompts rething at AGL

15 Feb 21 - Listed Australian energy company AGL says it will urgently rewrite its business strategy after rapid market change forced it to announce a massive loss in the December half, and as demand for home batteries, remote storage and electric vehicles is starting to “take off.”

Bank to stop lending to port over fossil fuels

10 Feb 21 - ANZ will stop lending money to Australia’s biggest coal port, the Port of Newcastle, after adopting new policies last year that prohibit it entering new finance deals for customers with significant exposure to the fossil fuel.

'Dangerous' push to leave farmers out of Aussie target

9 Feb 21 - Australian Prime Minister Scott Morrison might be warming to the goal of net-zero emissions by 2050, but federal Nationals leader Michael McCormack has thrown a spanner in the works by suggesting agriculture be excluded from the target.

Australian carbon offset prices jump on surging corporate demand

5 Feb 21 - Prices for Australian carbon offset permits have pushed above $17, a new 12-month high, boosted by demand from corporate emitters looking to take advantage of lower prices as the push for stricter...

EXPERTS: Australia must halve emissions by 2030

29 Jan 21 - Australia will effectively be abandoning the Paris agreement unless it makes at least a 50 per cent cut in greenhouse gas emissions by 2030 and reaches net zero well before 2050, according to an...

Fuel industry leaders join Aussie emissions reduction panel

26 Jan 21 - Fossil-fuel industry leaders and a controversial economist have joined a committee responsible for ensuring the integrity of projects that get climate funding in Australia.

One-in-500,000 spring heat in Australia

10 Dec 20 - Australia’s hottest spring on record, which saw temperatures more than 2deg above average, would have been “virtually impossible” without human-caused climate change, new analysis has found.

Morrison yet to be granted speaking slot at weekend climate summit

8 Dec 20 - Australian Prime Minister Scott Morrison does not yet have a speaker’s spot at a global climate ambition summit this weekend, despite telling his parliament last week he intended to use an appearance...

Australia endures hottest spring ever

2 Dec 20 - Australia has sweltered through its hottest spring and November on record, with both the season and the month more than 2deg warmer than the long-term average.

Severe fire danger for Australia as temperatures smash records

30 Nov 20 - Parts of Australia, including Sydney, have sweltered through the hottest November night on record with temperatures likely to stay high, prompting authorities to issue a total fire ban.

Big bosses join to beat climate change

27 Nov 20 - Australia’s top corporate leaders have met to discuss tackling climate change in line with the Paris Agreement as part of an environmental initiative backed by Richard Branson’s The B Team.

Blue Scope is going green

17 Nov 20 - Steel giant BlueScope has announced a $A20 million investment to expand Australian manufacturing of components used in wind and solar projects, as the company prepares to meet a surge in demand for...

NSW unveils $32bn renewable energy plan

10 Nov 20 - The New South Wales Government is promising a $32bn private investment boom in renewable energy in regional areas under a plan to transform the state’s electricity infrastructure.

Pension fund settles landmark climate lawsuit

3 Nov 20 - One of Australia's largest pension funds has agreed to settle a landmark climate risk litigation filed by a 25-year-old member who alleged it was failing to protect his retirement savings against...

The cost to Australia of unchecked climate change

2 Nov 20 - Australia’s economy will be six per cent smaller, there will be 880,000 fewer jobs and $3.4 trillion in economic opportunities will be lost if the climate crisis goes unchecked for next 50 years, new...

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