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Global
May 29, 2023
Carbon pricing generates record revenue, says World Bank report
Charging firms for emitting carbon dioxide has generated a record high of about $95 billion in revenue, but prices remain too low to meet the targets set by the Paris climate accord, says a World Bank report.
May 26, 2023California asks EPA to approve ban on sales of gas-powered cars by 2035
California is urging the Biden administration to approve its plan to mandate all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, according to a letter seen by Reuters.
May 18, 2023EPA proposes new greenhouse gas standards for US fossil fuel-fired plants
The Environmental Protection Agency (EPA) on May 11 proposed new limits on greenhouse gas emissions from coal- and gas-fired power plants, a move seeking to reduce pollutants and protect public health.
May 17, 2023EU develops method to calculate solar carbon footprint
The European Commission has developed a methodology to measure the carbon footprint of solar modules to be used in regulatory contexts such as the EU’s Ecodesign Directive.
May 15, 2023Treasury Americas to install 13,000 solar panels to power its wineries
Treasury Americas, a division of Treasury Wine Estates Ltd, is expanding its investment in on-site solar electricity generation that will power its wineries. Over 60% of its electricity will be generated by solar upon the project’s completion, setting a r
May 12, 2023California to ban sale of new diesel trucks by 2036
California's Air Resources Board has recently approved a mandate to shift big rigs and other trucks to zero emissions in a bid to transform the state's economy and end diesel's long-standing dominance in goods movement.
May 04, 2023Elon Musk's private jet emits more than 2,000 tons of carbon
Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.
May 03, 2023EU carbon prices could rise after reform agreement
Analysts have raised their average price forecasts for EU carbon permits for the next three years after the EU gave green light to the bloc’s carbon market reforms.
May 02, 2023Google, EDP Renewables sign PPA for 650 MW solar
Google has signed a new PPA with Madrid-based renewable energy company EDP Renewables (EDPR) to procure solar energy in the U.S.
April 27, 2023Carbon trading market to reach USD 479 million by 2030
In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.