News
Energy, Transport & Building
April 13, 2022
EV credits scheme launched in Singapore to support sustainable transition
Singaporean carbon trading company CRX CarbonBank launched on Tuesday the Electric Vehicle Accelerator initiative, a scheme that generates caron credits based on greenhouse gas emissions avoided by electric vehicle charging points, allowing charging stati
April 12, 2022Global renewable energy capacity surges 9% with Asia leading the way
According to a report released on Monday by the International Renewable Energy Agency (IRENA), global renewable power capacity increased by 9.1% to 3,064 GW in 2021, as governments focus on reducing emissions to mitigate global warming.
April 12, 2022Sweden set to be first country to account for consumption-based emissions
To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country
April 11, 2022Atmospheric methane saw record surge in 2021, US NOAA says
The National Oceanic and Atmospheric Administration (NOAA) said on Thursday that atmospheric methane continued rising in 2021, setting another new record for the second year in a row.
April 08, 2022Canada proposes tax credit to encourage carbon capture investment
Canadian Prime Minister Justin Trudeau announced on Thursday the introduction of one of the country’s largest single industrial tax incentives to fund carbon capture projects, as part of his government’s effort to meet the climate objectives by offsetting
April 07, 2022Germany introduces new package to beef up renewable energy
The German government revealed on Wednesday a new energy package aimed at accelerating and promoting renewable energy development. The proposal, entitled “Easter package,” highlights that the use of renewable energies is in the public interest and serves
April 07, 2022New South Wales outlines standards for new renewable energy zone access scheme
The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an
April 06, 2022Meta to buy 200 MW of wind energy from TransAlta as it expands footprint
Canadian power producer TransAlta Corp announced on Tuesday that it has signed a long-term renewable energy purchase deal with Meta, formerly known as Facebook, for the offtake of wind energy.
March 31, 2022Tokyu railway to be first in Japan to go fully green
Japan’s leading railway operator Tokyu Corporation announced on Monday that starting Friday, it will run all its eight lines solely on solar and other renewable energy, making it the first Japanese railway company to do so.
March 30, 2022Indonesia’s PLN inks 50 MW PPA to ramp up solar power capacity
Filipino-owned solar developer Solar Philippines (SP) and Indonesian oil giant Medco Energi have joined forces to sign a 20-year power purchase agreement (PPA) with PLN, Indonesia’s state-owned electricity company. SP and Medco Energi will build two solar