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May 09, 2022
Singapore carbon exchange to launch carbon offset futures trading
To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early
May 06, 2022I-REC transactions go digital with ENGIE’s online platform
ENGIE Brasil, Brazil’s largest private energy generator, has started the digital transaction of I-REC, a certificate proving the renewable origin of the power consumed, on Energy Place, a digital marketing platform developed by the company.
May 06, 2022AES to supply Microsoft 110 MW solar for its California data centers
American energy company AES Corporation announced this week that it has entered into a 20-year power purchase agreement with Microsoft to deliver renewable energy to its California data centers.
May 06, 2022EU drafts sustainability disclosure standards for businesses
Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.
May 05, 2022Denmark pushes forward ‘energy islands’ to cut reliance on Russia
Denmark, a world pioneer in the offshore wind power, plans to expand its renewable energy portfolio with the world’s first “energy islands.”
May 05, 2022Israeli startup develops cost-effective way to capture carbon with balloon
High Hopes Lab, an Israeli startup, has joined the fight against climate crisis by developing carbon-capture balloons that it said will become the world’s first affordable, scalable technique of capturing carbon dioxide from the atmosphere.
May 05, 2022Japan submits to IMO ‘most ambitious’ carbon tax plan
The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its
May 04, 2022India orders mandatory bundling of renewables with coal-based plants
The Indian government plans to make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones, to reduce the country’s coal demand and make electricity prices cheaper or more a
May 04, 2022ReNew Energy inks PPAs for almost 2 GW solar power in India
ReNew Energy Global, an Indian renewable energy company, announced on Tuesday that it has entered into several power purchase agreements (PPAs) with utilities and corporate off-takers in India totaling about 2 GW of solar energy.
May 04, 2022India’s central bank urges cement sector to cut emissions
In a recent report, the Reserve Bank of India (RBI) pushed for technological intervention to address carbon emissions from the cement industry to help India meet its net-zero emission targets.