News
Global
June 14, 2023
EU develops strategy to expand investment in capturing CO2
The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.
June 09, 2023Germany launches $53 bln scheme to help industrial sector decarbonize
Germany launches a program that will make tens of billions of euros available for firms facing considerable energy costs, with an aim to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.
June 07, 2023IEA: Global solar additions to hit 310 GW in 2024
The International Energy Agency (IEA) has released a new recent market report update regarding the outlook for renewable energy in 2023 and 2024.
June 06, 2023Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
June 06, 2023Renewable energy set to break records in 2023, IEA says
With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, IEA report shows.
June 05, 2023Delta Air faces lawsuit over carbon-neutral claims
A consumer class action lawsuit filed Tuesday alleges Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” while relying on carbon offsets that were largely fraudulent.
June 05, 2023Shell buys 1.1 GW of solar projects in Spain
Oil giant Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 GW from renewables developer Isemaren, its head of renewables generation Thomas Brostrom said.
June 02, 2023Germany, Denmark sign offshore wind power cooperation deal
Germany and Denmark have signed an agreement to connect at least 3 GW of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday.
June 02, 2023Greenlandic rock flour can capture significant CO2, study finds
Rock flour produced by the grinding under Greenland’s glaciers can capture climate-heating CO2 when spread on farm fields, research has shown for the first time.
May 30, 2023U.S. House votes against tighter heavy-duty truck emissions regulations, White House to veto
The U.S. House of Representatives voted 221 to 203 on May 24 to repeal Environmental Protection Agency (EPA) regulations aiming to significantly reducing emissions that contribute to smog and soot from heavy-duty trucks.