The policy prioritises low-cost solutions for domestic decarbonisation, and higher-cost measures for international markets under Article 6. An industry leader told Eco-Business that further details on the use of carbon credits and more can drive investor confidence.
Finalists from seven countries with solutions targeting the cooling crisis and industrial decarbonisation were shortlisted in a record-breaking year for entries, which saw 1,500 submissions across 100 countries.
Companies that once competed to look green are now competing to make fossil fuel dependence look reasonable, a study of nearly 2,000 oil and gas advertisements finds.
Court dismissal raises questions about how far companies can stretch climate claims without breaching the law in Australia, the region's most progressive jurisdiction for tackling greenwashing.