News
Asia Pacific
April 25, 2023
Taiwan to start collecting carbon fees from second half of 2024
Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).
April 24, 2023Brazil surpasses China to become biggest I-REC issuer
Demand for Brazilian international renewable energy certificates (I-RECs) rose to 13.96 TWh in the first quarter from 8.5 TWh a year earlier, making Brazil the largest global market.
April 10, 2023India plans to add 250 GW of renewable capacity in five years
India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.
April 06, 2023Apple expand renewable energy to 13.7 GW with supply chain partners
Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.
March 29, 2023Carbon allowance sales up 9% to $63 billion
A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 28, 2023China to launch rural pilot scheme for renewables
China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 27, 2023New Zealand's carbon allowance unit prices plunge to 18-month low
Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 23, 2023Global renewables capacity additions increased by 10% last year: IRENA
The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.
March 22, 2023South Korea lowers 2030 industrial emissions reduction targets
South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
March 16, 2023China to slash steel output for third year to reach climate goals
China will again decrease its yearly crude steel production in 2023, according to a source familiar with the matter. This move will mark the third consecutive year in which the government has imposed forced cuts to output to curb carbon emissions from the