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Global
May 17, 2024
Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion
Tech giant Microsoft is demanding that its primary suppliers use 100% renewable energy by 2030. This move underscores the pressure stemming from the company's significant expansion of data centers, which has led to a surge in carbon emissions.
May 13, 2024Shell accused of selling 200 million of “phantom carbon credits”
Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 13, 2024Eurostar pledges to achieve 100% renewable energy usage by 2030
The high-speed train service "Eurostar," spanning five European countries, has recently released its first sustainability report.
May 07, 2024Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI
Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
May 06, 2024EU targets greenwashing in aviation industry amid growing environmental concerns
The European Union continues its relentless campaign against corporate greenwashing, with its latest move aimed at the major carbon emitter aviation industry.
May 03, 2024EU parliament approves law to ban certain single-use plastic packaging
As part of the EU’s effort to curb the increasing waste from packaging, the European Parliament has approved a law that will ban certain single-use plastic packaging.
May 02, 2024U.S. considers anti-dumping probe into Southeast Asian solar cells
Seven global solar manufacturers accuse Vietnam, Thailand, Malaysia, and Cambodia of dumping solar panels and batteries on the United States market and call for imposing import tariffs, while directly implicating Chinese companies behind the scenes.
April 25, 2024EU offers $30 million for carbon removal project proposals
The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
April 24, 2024Sam Altman ventures into renewable energy to tackle data center power demands
Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.
April 23, 2024New SBTi standard to drive renewable energy certificate market changes: expert
The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark