News
Energy, Transport & Building
July 06, 2022
Dutch government limits Schiphol airport flights to reduce pollution
The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.
July 06, 2022Green energy leasing project to help firms access renewable energy
To help small businesses and commercial building owners access renewable energy, the Ministry of Economic Affairs launched a green energy leasing project on July 4. Two of Taiwan’s largest office landlords, Cathay Life Insurance Co (國泰人壽) and Shin Kong Li
July 04, 2022Only 35% of shipping companies committed to climate target by 2050, study says
According to a new study, only 33 major shipping firms have a publicly stated goal of achieving net zero by 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to 2008, which accounts for 35% of the world’s 94 largest shipping
July 01, 2022Mexico’s appetite for I-RECs grows rapidly amid policy uncertainty
International renewable energy certificates (I-RECs) issued in Mexico have seen a significant increase in demand this year, as foreign corporations attempt to decrease their carbon footprints and policy uncertainty drives generators to seek additional rev
July 01, 2022Gabon to issue world’s largest volume of carbon credits
Gabon, a country located on the west coast of Africa, is planning the world’s biggest carbon credits issuance ever, involving 187 million carbon credits with almost half of them to be sold on the offsets market.
June 30, 2022Meridian Group buys RECs for its entire DC portfolio
US real estate management company Meridian Group announced this week that it has entered into a contract with energy company Constellation to purchase renewable energy certificates (RECs) for nearly its entire portfolio in the Washington, D.C., area.
June 29, 2022NATO pledges to cut emissions by 45% by 2030, be carbon neutral by 2050
North Atlantic Treaty Organization (NATO) unveiled on Tuesday its first emissions targets, aiming to reduce civilian and military greenhouse gas emissions by at least 45% by 2030 and become carbon neutral by 2050.
June 29, 2022India lacks penalty enforcement to stimulate voluntary REC purchases
Despite a major legislative push for renewable energy, voluntary purchasers of renewable energy certificates (REC) are still insignificant in India, consulting firm Intellecap said in its report.
June 28, 2022UK government handed airlines with 4.4 million free carbon allowances
In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir
June 28, 2022EU states agree on higher targets and faster permitting for renewables
The EU Energy Ministers have reached an agreement on Monday on revisions to the Renewable Energy Directive (RED) and the Energy Efficiency Directive (EED), aiming to accelerate renewable energy deployment and facilitate permission process for renewable pl