News
Global
May 04, 2023
Elon 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.
April 21, 2023European Parliament approves EU’s biggest climate policy
The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.
April 20, 2023Foxwell Power helps multinational corporation decarbonise supply chain
A growing number of multinational and large local companies are committing to become carbon neutral. While such a move has yet to be mandated by the government, a major multinational firm last year signed a Memorandum of Understanding (MoU) with Foxwell P
April 19, 2023Finnish startup turns CO2 into carbon-negative concrete blocks that can trap emissions
Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb
April 18, 2023European wind PPA prices rise 35% over last six months while solar prices drop
European wind prices have continued to rise by 35% over the last six months, as project developers face permitting barriers and rising costs that have pushed up prices, according to LevelTen Energy's Q1 PPA Price Index.
April 17, 2023Global methane levels soar to over 2.5 times pre-industrial levels
The rapid rise of atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide has been continuing in 2022, observed the US National Oceanic and Atmospheric Administration (NOAA) scientists, with methane levels in the atmosphere more than two and
April 14, 2023Google signs Belgium, Dutch PPAs for 176 MW wind
Google has signed new Power Purchase Agreements (PPAs) for wind energy in Belgium and the Netherlands in an effort to run 24/7 clean energy by 2030.