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June 10, 2022
Canada’s newly launched carbon market draws criticism for its price
Canada unveiled on Wednesday its first federal carbon market, enabling governments, businesses and other organizations to offset their carbon dioxide emissions by purchasing credits.
June 09, 2022Vietnam’s state-owned utility aims for 5 GW of renewables by 2025
To meet the growing need for power in national development, the Electricity of Vietnam (EVN) plans to ramp up its investment in renewable energy in the next years.
June 09, 2022Finland sets world’s most ambitious climate pledge in law
Finland’s parliament last week passed a new Climate Change Act, promising to reach net-zero emissions by 2035 and negative emissions by 2040. The timeline is much ahead than other countries, and the law makes Finland the world’s first country to create a
June 09, 2022Travelers can cut carbon footprint under Singapore Airlines’ new scheme
Singapore will introduce a carbon credit program for sustainable aviation fuels in July, providing businesses and travelers with the option of paying additional costs to cut their carbon footprint when flying and transporting goods by air.
June 08, 2022Modhera, home to Sun Temple, becomes India’s first 24/7 solar-powered town
Modhera, in the Indian state of Gujarat, is the country’s first 100% solar-powered town, demonstrating that battery storage may offer 24/7 clean electricity to rural areas.
June 08, 2022Korean companies struggle to join RE100 in market short of clean energy
Korea’s major companies appear to have difficulty committing themselves to 100% renewable energy, owing to a lack of solar, wind, and other cleaner energy options, the country’s industry officials said last week.
June 08, 2022Austria mulls deferring carbon tax as inflation concerns grip market
Due to rising energy prices and public criticism, the Austrian government is considering delaying the implementation of carbon tax until October, reported Euractiv.
June 06, 2022China to source one third of electricity from renewables in 2025
China’s National Development and Reform Commission (NDRC) unveiled a new road map last Wednesday stating that the government plans to double wind and solar capacity by 2025 while granting licenses for more coal-fired power plants to bolster energy securit
June 06, 2022Atmospheric carbon levels peak at level not seen for 4 million years
Carbon dioxide in the atmosphere peaked more than 50% higher than pre-industrial levels in May, comparable to levels observed around 4 million years ago, according to the National Oceanic and Atmospheric Administration (NOAA).
June 06, 2022UK, Denmark on track to meet climate pledge while Southeast Asia lags
Denmark and the United Kingdom are among “a handful of countries” on track to achieve net-zero emissions by 2050, while South Asian and Southeast Asian countries like Bangladesh, Vietnam, Myanmar, and India lag, according to the Environmental Performance