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Carbon pricing

This Month

How to fly green without the carbon offset ‘accounting trick’

Does ticking the carbon offset box and paying loose change to plant a few trees really make a difference?

December 2024

Rio Tinto says carbon price pain justifies action on emissions

Carbon pricing schemes in Australia and Quebec mean almost half of Rio’s emissions are subject to penalty and would soon cost $940 million per year if not tackled.

November 2024

Former Treasury secretary Ken Henry.

Taxing fossil fuels better than Future Made in Australia, Ken Henry says

The proposal backs a similar fossil fuel export tax on commodities such as coal and gas put forward by former Hawke Labor government advisers Ross Garnaut and Rod Sims.

October 2024

Nature underpins the economy, so the importance of getting the  biodiversity market right cannot be understated.

Why every investor should be thinking about carbon pricing

If we integrate the financial costs of greenhouse gas emissions into our investment decisions, we can figure out what opportunities this opens up for making money.

H2X chief executive Antony Tolfts in one of the Warrego hydrogen-powered 4x4s destined for Swedish customer Renova.

Why hydrogen is better than batteries for long-distance trucks

H2X is focusing the rollout of its hydrogen-powered trucks on Europe and Scandinavia where incentives and refuelling are better.

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Peter Dutton says a Coalition government would “turbocharge” mining and gas projects.

Fortescue mulls whether to take $50m carbon free-kick

Andrew Forrest’s disdain for carbon offsets is clouding the company’s willingness to seize on a lucrative windfall under Australia’s new carbon credit scheme.

September 2024

CORE Markets co-founder and chief executive Chris Halliwel is leading the fundraising efforts.

Carbon broker CORE Markets eyes $25m raise for Asia push

The effort, assisted by Rennie Advisory, is well under way, with roadshows and management presentations in train since July.

Sheep farmer James Campbell has signed up to the Regen Farmers Mutual to have the option of a second revenue stream – cash-in carbon credits.

Farmer co-op shops $51m raising to energy players

Regen has raised $500,000 through crowdfunding efforts and $5 million in government and foundation grants, but this effort represents the group’s biggest push to date.

Soil carbon capture surges as AI drives down costs

Artificial intelligence can reduce barriers to implementing soil carbon projects as ag tech creates new opportunities.

August 2024

Silva Capital founder and co-managing director Raphael Wood (foreground) with (L to R)  investment director Max Butler, co-managing director Brad Mytton and investment director Roger Cameron in Centennial Park, Sydney. Silva Capital is launching a high integrity carbon fund. Photo: Kate Geraghty

BHP, Rio and Qantas back $250m carbon fund to beef up emission offsets

The fund is being run by Silva Capital, itself a joint venture of agriculture-focused private capital investor ROC Capital and C6 Investment Management.

BHP chief executive Mike Henry   has called for a “comprehensive competitive agenda”.

Union iron ore claim poses risks for green superpower hopes

Let’s hope for the sake of Australia’s energy transition that we don’t return to the bad old days of industrial disruption in the Pilbara.

July 2024

Jarden head of commodities Nigel Brunel is set to head up Marex Group’s new office in Auckland.

Marex raids Jarden’s carbon trading business, opens NZ office

The Nasdaq-listed firm has snared Jarden rainmaker Nigel Brunel and a swathe of the Kiwi investment bank’s carbon trading team.

A sheep and cattle farm north of Auckland where the owner is planting trees to earn carbon credits.

This investor is slimming down its stake in Blackstone-backed Xpansiv

The carbon trading platform counts some heavyweight backers including the private equity giant and Macquarie. But Perennial is selling down its investment.

New tools democratise greenhouse gas management

A digital marketplace for companies with smaller carbon footprints to buy offsets has taken out the Technology category.

June 2024

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Agriculture wins carbon price reprieve in New Zealand

Farmers had protested against previous proposals to impose a regulated price on methane, carbon dioxide and nitrous oxide emissions from late 2025.

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May 2024

There is a case for imposing a levy on carbon emissions.

A carbon tax and dividend scheme could be the answer

Readers’ letters on the pressing need for a carbon tax; why we shouldn’t fear AI; in defence of mortgage brokers; and the reality of climate change.

Former Hawke Labor government economist Ross Garnaut estimates if Julia Gillard’s emissions trading scheme was still in place, it would now be raising about $70 billion a year, based on the European carbon price.

Taxpayers are poorer without a carbon tax

Instead of imposing a carbon levy on polluters to fund big personal income tax cuts, governments are gambling taxpayer money on climate and energy projects.

Withcott Seedlings has more than 22 ha of igloo and shade netting nursery space.

Rest Super-backed Cibus to push into carbon farming and robotics

Cibus Capital will make a big push into regenerative farming and will use the latest robotics to expand one of the country’s biggest seedling growers.

Santos chief executive Kevin Gallagher and Shell Australia chair Cecile Wake at the Australian Energy Producers’ conference in Perth.

Subsidy wars: Carbon capture cost adds up for fertiliser maker

Carbon capture and storage would add 50 per cent to the cost of producing ammonia in the Pilbara, making it uneconomic without further government support.

Critics wrong about our clean energy ‘superpower’ plan picking winners

We share concerns about arbitrary government intervention, but our carbon pricing model is designed to minimise those risks.

Original URL: https://www.afr.com/topic/carbon-pricing-1mpn