News
Global
October 28, 2022
Walmart suppliers team up to purchase renewable energy
Five Walmart suppliers joined forces to buy renewable energy from a Kansas wind farm, as part of the retailer’s plan to reduce 1 billion metric tons worth of emissions across its supply chain by 2030.
October 27, 2022Iberia rolls out carbon offset programme for customers
Spanish airline Iberia has launched the CO2labora, a new carbon offsetting scheme, allowing customers to support two certified climate projects through carbon offsetting.
October 26, 2022Google expands eco-friendly directions into Europe
Google Maps is expanding its “eco-friendly” route to users in 40 countries across Europe.
October 25, 2022European PPA prices for wind, solar spike over 11% in Q3
Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.
October 24, 2022US and EU increase collaboration to boost green energy in Africa
The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.
October 19, 2022CCS facilities under development worldwide grows 44% in 2022
Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.
October 14, 2022EU countries eye scaling down 45% renewables target
EU countries are considering revising REPowerEU, the European Commission’s plan to shift away from Russian fossil fuels, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
October 13, 2022Buying carbon credit could curb company’s climate efforts, warns UK advisers
Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 12, 2022UK set to impose revenue cap on renewable energy generators
The UK government has announced to introduce the ‘Cost-Plus Revenue Limit,’ a temporary cap on renewable energy companies’ revenue, to curb the impact of soaring wholesale power prices.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.