This Month
Biodiversity credits aim to help repair nature
The government is seeking to establish a nature repair market, with biodiversity credits creating a new asset class for investors.
- Christopher Niesche
- Opinion
- Opinion
How to sell fake carbon credits: ‘I probably will go to jail’
A scheme to protect trees in Zimbabwe generated big profits but didn’t help global warming,
- Opinion
- Energy transition
How an Australian coal tax can help save the world
This country’s grip on world coking coal supplies means we are well-placed to force up prices and discourage coal use.
- Adrian Blundell-Wignall
September
Listorti deal alert! Carbon investor Viridios buys stake in Pangolin
The investment comes after Viridios wrapped up a $55 million funding round in October led by Roc Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
How 120 workers made millions in KKR’s Australian carbon play
Big Canadian pension’s acquisition of Australian carbon projects group GreenCollar will see the company’s workers split tens of millions in profits.
- Anthony Macdonald
Macquarie’s $58m man backs thorny net zero play
Nick O’Kane says investment in carbon capture and storage systems is critical in the global race to hit emissions targets, and wants the market to stay “open-minded”.
- Lucas Baird
Boral boss says cement imports increase carbon emissions
Vik Bansal says a carbon border adjustment mechanism – or tax – would be crucial to the cement industry’s viability.
- Ben Potter
This European tax could spread to Australia
Climate change expert Frank Jotzo said the European Union’s decision to introduce carbon tariffs could see other countries follow suit.
- Mark Ludlow
Meet the Aussies aiming to turn forests into a magic money tree
Forestry is a $156 billion asset class, and net-zero is turning it into a growth story. But the industry fears it will miss out unless it helps write the climate rule book.
- Hans van Leeuwen
Traders in carbon credits saddled with vast stranded-asset pile
A number of major carbon traders are finding that offsets they bought may now be valueless.
- Natasha White
August
UK watchdog cracks down on junk carbon offsets
The journal “Science” found most of a potential 89 million carbon offsets issued by forest protection projects did not represent real emissions reductions.
- Natasha White
Gas storage sites tie Labor to tech opposed by teals and activists
Labor has released a new group of potential offshore carbon capture and storage sites in a move that has angered climate activists who want the technology blocked.
- Jacob Greber
This debit card promises to offset carbon on everyday purchases
BetaCarbon analysis of household consumption patterns found that for every $100 spent, 24 kilograms of carbon is emitted.
- Lucy Dean
Minister backs carbon capture, days after Labor downgraded it
Capturing carbon and storing it is a “key mechanism” in the fight against climate change, Resources Minister Madeleine King says.
- Jacob Greber
BHP makes seven times its money on early carbon capture bet
But the market expects the mining giant to report a lower profit this week as coal and iron ore prices have softened; dividends could be 47 per cent down.
- Peter Ker
- Exclusive
- Carbon challenge
Bowen’s ‘green tariff’ to shield steel, cement against carbon leakage
Australia could impose a carbon border adjustment mechanism to level the playing field for steel and cement makers against foreign competition.
- Jacob Greber
Bowen won’t fund BHP’s early coal closure
BHP reckons taxpayers should help fund carbon offsets for coal mines that are bound for early closure, but Energy Minister Chris Bowen thinks otherwise.
- Peter Ker
Top dog: BHP, Rio Tinto and the pursuit of political power
There’s much at stake if one company can steal a march over the other in winning access to projects, taxpayer funded grants or shaping policy to their whim.
- Peter Ker and Jacob Greber
Coronado declares coal price floor in a ‘dire’ steel market
The Queensland miner reckons coking coal prices can’t go much lower, unit costs have peaked, and China will have to stimulate its economy soon.
- Peter Ker
- Opinion
- Chanticleer
The green shadow lingering over earnings
Two-thirds of companies in the S&P/ASX 200 have net zero commitments. Investors want to see how they’re travelling and what impact the safeguard mechanism will have.
- Anthony Macdonald
