UK-Australian mining firm Rio Tinto has signed an agreement to acquire Japanese firm Sumitomo Chemical's stake in New Zealand Aluminium Smelters (NZAS) to own 100pc of NZAS.
The Australian Carbon Credit Unit (ACCU) market has developed significantly in recent years, with demand moving away from the federal government to the private sector. Argus spoke with the country's Clean Energy Regulator's (CER) chair and chief executive David Parker and executive general manager Carl Binning about that transformation. Edited highlights follow:
The Australian federal government has officially begun to accept proposals for the development of new carbon crediting project methods outside of government, as it looks to boost supply and innovation.
New Zealand's Genesis Energy to resume coal imports argusmedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from argusmedia.com Daily Mail and Mail on Sunday newspapers.
Australia's federal government plans to launch the country's largest ever tender for renewable energy in May, with more than a third of the capacity to be allocated to New South Wales (NSW) state.