News
Energy, Transport & Building
February 06, 2023
Germany to invest €80 million in green hydrogen transport
Germany’s Federal Ministry for Digital Affairs and Transport (BMDV) has earmarked 80 million euros for investments in the production of green hydrogen for the transport sector.
February 04, 2023Amazon breaks green energy buying record with 8.3 GW of new capacity in 2022
Online retail giant Amazon sets a record 8.3 GW of renewable power deals in 2022, giving it access to a 'utility-scale' total 20 GW-plus haul of green capacity, according to the US company.
February 03, 2023UAE's Masdar unveils 20,000 MW renewables target for Africa
Masdar, an Abu Dhabi-based state-owned clean energy company, has announced ambitions to invest in Nigeria as part of its Africa-wide penetration which aims to increase renewable energy capacity by 20,000 MW over the next 12 years.
February 03, 2023Indonesia 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).