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October 24, 2022
US and EU increase collaboration to boost green energy in Africa
The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.
October 21, 2022Washington state will earn more revenue from carbon auctions than predicted
Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
October 20, 2022Australia to pour billions of dollars into renewable energy projects
Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.
October 19, 2022CCS facilities under development worldwide grows 44% in 2022
Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.
October 18, 2022New renewable energy initiative aims to benefit developing countries
A new not-for-profit initiative called the Distributed Renewable Energy Certificate (D-REC), backed by multiple stakeholders, is developing an internationally recognised market instrument acting as a guarantee of origin for distributed renewable energy.
October 17, 2022Australia to pledge to cut methane emissions by 30%
Australia’s new left-leaning government is set to commit to reducing global methane emissions by 30% by 2030.
October 14, 2022EU countries eye scaling down 45% renewables target
EU countries are considering revising REPowerEU, the European Commission’s plan to shift away from Russian fossil fuels, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
October 13, 2022Buying carbon credit could curb company’s climate efforts, warns UK advisers
Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 12, 2022UK set to impose revenue cap on renewable energy generators
The UK government has announced to introduce the ‘Cost-Plus Revenue Limit,’ a temporary cap on renewable energy companies’ revenue, to curb the impact of soaring wholesale power prices.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.