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Global
November 03, 2023
Barclays rebuilds carbon trading desk amid global net-zero push
Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
November 03, 2023Orsted ditches US projects, casts shadow over industry outlook
Amid high interest rates, inflation and supply-chain woes, U.S. wind-energy sector facing a wave of impairments and forcing developer to cancel projects and casting doubts over the industry’s outlook.
October 31, 2023S&P says CCUS not making sufficient progress to achieve 2050 climate goals
According to an outlook report by S&P Global Commodity Insights, that the world is not making enough progress to achieve the necessary CO2 reductions by 2050 in the carbon capture, utilization, and storage (CCUS) market.
October 02, 2023EU launches transitional phase of CBAM, world's first carbon tariff
EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.
September 19, 2023Amazon makes first investment in DAC technology
Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.
August 24, 2023U.S proposes tariffs on solar panels from Southeast Asia to punish China’s trade violations
Starting June 2024, the U.S. will impose a 254% tax on Chinese solar panel manufacturers in Southeast Asia, unless they can prove key components are not from China.
August 04, 2023World’s tallest wood wind turbine in Sweden expected to run later this year
Sweden is building the world’s biggest wind turbine made of wood. The project, created by a wood technology company and a Danish wind turbine manufacturer, is predicted to be operational before the end of the year.
August 02, 2023US singer Billie Eilish to perform solar-powered set at Lollapalooza
US singer Billie Eilish has revealed that her headlining performance at Lollapalooza on August 3rd will be partially powered by solar energy.
August 01, 2023PPA prices in EU, US down 3% and 15% in second quarter
Edison Energy has published its latest report on the global renewables market, which indicates that the average price of PPA across Europe and the US has fallen from Q1 to Q2 of this year.
July 27, 2023ICVCM set global standards to bring transparency to the voluntary carbon market
ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.