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Asia Pacific
April 14, 2022
ACCUs contract volume plummets despite highest ever offered price
Australia’s Clean Energy Regulator announced on Tuesday that a total of 7.6 million tonnes of Australian Carbon Credit Units (ACCUs) has been traded through contracts in the auction held in April, with a potential value of 131 million Australian dollars (
April 13, 2022Clean energy investment soared 50% as governments ramp up economic recovery
Clean energy investment in recovery plans for the Covid-19 crisis has increased by 50% in last five months and currently surpasses US$710 billion globally, according to International Energy Agency’s evaluation report released on Tuesday.
April 13, 2022Science Based Targets initiative develops net-zero standard for financial institutions
The Science Based Targets initiative (SBTi), a global organization that helps businesses set emissions reduction goals based on climate science, is developing a standard for financial institutions to set net-zero goals.
April 11, 2022Australia’s oldest university to go 100% renewables
The University of Sydney, Australia’s oldest university, announced last week that it has entered into a five-year contract with Red Energy, backed by Snowy Hydro, to source 100% of its electricity from solar energy.
April 11, 2022Atmospheric methane saw record surge in 2021, US NOAA says
The National Oceanic and Atmospheric Administration (NOAA) said on Thursday that atmospheric methane continued rising in 2021, setting another new record for the second year in a row.
April 07, 2022New South Wales outlines standards for new renewable energy zone access scheme
The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an
March 31, 2022Tokyu railway to be first in Japan to go fully green
Japan’s leading railway operator Tokyu Corporation announced on Monday that starting Friday, it will run all its eight lines solely on solar and other renewable energy, making it the first Japanese railway company to do so.
March 25, 2022Andrah proposes new RPO targets to ramp up renewable push
Andhra Pradesh Electricity Regulatory Commission (APERC) has recently drafted APERC Renewable Power Purchase Obligation Regulations, 2022, which details the obligation to purchase renewable energy and the compliance by purchasing renewable power or renewa
March 25, 2022Australian carbon prices may need years to recover amid ‘mountain of supply’: analyst
Australian Carbon Credit Units (ACCUs) have seen a significant drop in value after the government announced new changes to the carbon credit scheme earlier this month. Analysts predict that the plunge might last for years.
March 22, 2022Sydney to green its ports with renewable shore power plan
The Port Authority of New South Wales, Sydney, has revealed a plan to build the world’s first 100% renewable energy shore-powered shipping precinct.