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Basic Materials
April 11, 2023
H&M, LanzaTech launch carbon clothing collection
Swedish fashion brand H&M has partnered with carbon capture company LanzaTech to create garments made from captured emissions and combining them with the brand’s own DryMove technology—a trademarked material that is designed to pull away moisture from the
March 16, 2023Germany plans to launch long-term subsidy scheme to cut industry emissions
Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.
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
February 22, 2023Indonesia’s energy transition continues to face headwinds
Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.
Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 18, 2023Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
China's CNPC set to strike 30-year LNG deal with Qatar
China National Petroleum Corp (CNPC) is close to finalizing an agreement to purchase liquefied natural gas (LNG) from QatarEnergy for up to 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of t
February 16, 2023Denmark grants first CO2 storage licences for North Sea projects
The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.
February 01, 2023US, Europe experience slowed solar PPA price increases, despite mixed forecast
The US and Europe saw relatively modest increases in the average prices of solar power purchase agreements (PPA) in Q4 2022, up by 4% and 3%, respectively.
December 28, 2022Collapse of Finland's carbon sinks wipes out decades of efforts to reduce emissions
Finland could be subject to billions of euros in costs as the diminishing capacity of forests as a carbon sink has undermined its effort to meet the sink target set by the EU.
December 26, 2022China’s ETS trading volume crosses 10 billion yuan mark
China’s national emissions trading scheme (ETS), the world’s largest carbon market covering a seventh of emissions globally, hit 10 billion yuan (US$1.4 billion) in total transactions on Thursday.
December 14, 2022EU strikes deal to tax carbon on imports
The European Union took a step forward to imposing a carbon tax on imports of energy-intensive goods such as steel and cement after striking a deal with EU members on Tuesday.