News
Energy, Transport & Building
February 03, 2023
Indonesia to start carbon trading for coal-fired power plants
Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.
February 02, 2023Taiwan passes climate law amendments to achieve net zero by 2025
Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
February 02, 2023Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
January 30, 2023Analyst predicts EU carbon price to edge higher but risks remain
Analysts have revised up their average price forecasts for EU carbon permits for the next three years in anticipation of improving economies in Europe as energy prices fall from record highs.
January 18, 2023US fell behind climate goals as greenhouse gas emissions grew in 2022
U.S. greenhouse gas emissions rose in 2022, by 1.3% compared to the previous year according to preliminary estimates by environmental consultancy Rhodium Group.
January 13, 2023Greenfact projects GO prices to trade for EUR 6-8/MWh in 2023
The trading prices for European guarantee of origin (GO) prices would likely to range from EUR 6/MWh to EUR 8/MWh this year, Norwegian market intelligence firm Greenfact said in a report on Thursday.
January 12, 2023Carbon pricing could raise $7-B revenues in the Philippines: IMF
The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
January 11, 2023France pushes forward with law to accelerate renewables
French MPs on Tuesday moved ahead with a law to speed up the deployment of renewable energy, as the country’s nuclear plants were hit by maintenance and corrosion problems and Russia’s invasion of Ukraine caused energy costs to surge.
January 09, 2023US tops EY’s ranking for world’s most attractive renewables market
Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the coun
January 05, 2023UK enjoys record-breaking 2022 for renewables
A record-breaking level of green energy was generated in the UK in 2022, according to new analysis from Imperial College London for Drax Electric Insights.