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Global
July 09, 2024
AI in green transition market to reach $115 billion by 2032
Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.
June 28, 2024Jurisdictional REDD+: A new frontier in carbon credit market
The acquisition methods for carbon credits are complex and varied. Now, a newer category, "Jurisdictional REDD+" (JREDD+), has emerged, potentially increasing market demand by six times and prices by up to fourfold compared to traditional REDD+.
June 28, 2024How to cut emissions from ‘big sport’?
With the 2024 Euros and Paris Olympics vowing to be greener, the focus shifts to the challenges of cutting emissions from major sporting events.
June 07, 2024ICVCM announces first batch of approved carbon credit methodologies
The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced the first batch of carbon credit methodologies to pass their review.
May 30, 2024U.S. establishes Manila as headquarters for Southeast Asia civil nuclear expansion
To improve power infrastructure, the Philippines is incorporating nuclear energy into its energy transition plans and set to become a base for the U.S. Civil Nuclear Work Group in Southeast Asia.
May 24, 2024U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 17, 2024Microsoft 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