Tag: Australia
Equity Rally Resumes as New Data Supports Fed Cuts: Markets Wrap
[ad_1] Shares in Asia headed for opening gains after US stocks resumed a rally fueled by fresh data underscoring the pressure on the Federal Reserve to deliver more 2024 interest rate cuts than it flagged last week. [ad_2] Source link
Australia Adviser Urges Improved Reporting of Methane Emissions
[ad_1] Australia needs to improve the accuracy of fossil fuel producers’ reporting on greenhouse gas emissions, especially on methane releases from open-cut coal mines, a review of the nation’s climate reporting systems has found. Targeted changes are needed to ensure the National Greenhouse and Energy Reporting Act and the Australian Carbon Credit Unit system “remain fit-for-purpose” as the nation seeks to meet 2030 and 2050 climate targets, according to two reports by the Climate Change Authority, an independent body that advises the government. [ad_2] Source link