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December 06, 2022
Qatar World Cup criticized for its gigantic carbon footprint
The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.
December 02, 2022Study finds way to generate chemicals from captured carbon dioxide
Scientists at the University of Surrey have developed a new technology to convert CO2 captured from the atmosphere into useful chemicals such as carbon monoxide and synthetic natural gas.
November 17, 2022125 billionaires emit as much CO2 as whole France
Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.
October 05, 2022Wood Mackenzie: Decarbonizing iron and steel industry requires $1.4 trillion investment
Decarbonizing the iron and steel industry requires $1.4 trillion of investment, of which $250 billion is for carbon credits, according to Wood Mackenzie’s latest report, Pedal to the Metal: Iron and steel’s $1.4 trillion shot at decarbonization.
September 23, 2022Iron ore giant Fortescue pledges to go green by 2030
Australian resource giant Fortescue Metals Group, one of the world’s biggest iron ore producers, has unveiled a $6.2 billion plan to transition to renewable energy by 2030. Its billionaire owner Andrew Forrest has urged other heavy industries to follow su
September 21, 2022South African businesses propose revisions to carbon tax rates
The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
August 05, 2022Petronas signs MoU with South Korea businesses to develop CCUS
Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s
July 20, 2022Emerson joins RE100, aiming 100% renewable energy by 2030
Global software and engineering company Emerson has joined RE100, an international initiative dedicated to replacing all electricity generated by fossil fuels with 100% renewable energy.
July 19, 2022China’s carbon market trading hits 194m tonnes in one year, becoming world’s largest
The trading volume of China’s national carbon market hit 194 million tonnes, with a cumulative turnover of 8.49 billion yuan (US$1.26 billion), since its launch on July 16, 2021, the data released by Shanghai Environmental and Energy Exchange showed.
June 30, 2022Korea saw 3.5% increase in GHG emissions as economy rebound in 2021
Korea’s total greenhouse gas (GHG) emissions climbed 3.5% year on year in 2021 to 679.6 million tonnes, the country’s Ministry of Environment said on Tuesday.