Change ahead, so business needs to get smart
24 Jan 2014
Smart companies will have clear strategic objectives and flexible tactical responses to deal with on-going disruptive change likely to be caused by carbon policy this year, Westpac’s international carbon desk says.
Trends Westpac predicts this year are:
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France updates its 2050 carbon neutrality roadmap
Today 11:15am
To mark the 10th anniversary of the Paris Agreement, France released a revamped climate plan promising to phase out oil and gas and sharply increase electricity use.
This is another ‘ozone layer’ moment. Now, we must urgently target methane
Today 11:15am
COMMENT: The oil and gas industry must be legally bound to cut methane emissions. With climate tipping points approaching, time is running out.
US demands EU exempt its gas from methane emissions law, document shows
Today 11:15am
The US has demanded that the European Union exempt its oil and gas from obligations under the bloc's methane emissions law on fuel imports until 2035, a US government document seen by Reuters showed.
EU waters down plans to end new petrol and diesel car sales by 2035
Today 11:15am
The European Commission has watered down its plans to ban the sale of new petrol and diesel vehicles by 2035.
Ford takes US$19 billion hit after EV plan reversal
Today 11:15am
Ford Motor Company is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient gasoline-engines and hybrid EVs, the company said Monday.
The EV leapfrog – how emerging markets are driving a global EV boom
Today 11:15am
Growth in emerging markets has turbocharged global EV sales in 2025, with over a quarter of new cars sold being electric.
Battery subsidy scheme set for 'urgent' overhaul as costs run out of control
Tue 16 Dec 2025
Australian Energy Minister Chris Bowen has announced big changes to the government's battery subsidy scheme amid claims most of its $2.3 billion budget has been spent in just six months.
Verra cancels four tree planting projects in China. And starts reviews of 45 more projects
Tue 16 Dec 2025
“Multiple carbon projects in China are facing serious allegations regarding the authenticity of government approval documents."
‘A shift no country can ignore’: where global emissions stand, 10 years after the Paris climate agreement
Tue 16 Dec 2025
The watershed summit in 2015 was far from perfect, but its impact so far has been significant and measurable.
The deep ocean is fixing carbon in ways no one expected
Tue 16 Dec 2025
A new study reveals that unexpected microbes are quietly fixing carbon in the dark depths of the ocean.
