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Global
July 20, 2022
Airbus teams up with major airlines to develop carbon removal plan
European airplane manufacturer Airbus and several major airlines, including Air France-KLM, International Airlines Group, Lufthansa Group, and Virgin Atlantic, signed letters of intent to explore opportunities for the future supply of carbon removal credi
July 18, 2022Microsoft, Climeworks sign 10-year carbon removal deal
Microsoft has signed a 10-year carbon removal deal with Swiss direct air-capture company Climeworks to remove 10,000 tonnes of carbon emissions from air.
July 15, 2022European PPA prices up 47% amid inflation storm, energy crisis
Wind and solar power purchase agreement (PPA) prices in Europe have seen a 47% year-over-year increase due to the energy crisis and inflation in the region, according to a new report released by LevelTen Energy.
July 14, 2022MEPs backs tougher renewables targets
Members of the European Parliament voted on July 13 to increase the share of renewable energy in the EU's total energy mix from 40% to 45% by 2030, under the revision of the Renewable Energy Directive (RED) that is also supported by the European Commissio
July 13, 2022Shell to build Europe’s largest hydrogen plant
Oil and gas giant Shell announced on July 6 that it will build Europe’s largest hydrogen plant in the Netherlands. The plant, with 200 megawatt electrolyzer, is expected to start operation in 2025, generating 60,000 kilograms of renewable hydrogen each da
July 13, 2022New Frontier Markets launches blockchain platform for carbon credits
New Frontier Markets (NFM), a technology company devoted to providing access to the new low-carbon economy, announced on July 12 its launch of a blockchain platform for voluntary carbon credits. The company expects that the platform to be broadly in use i
July 12, 2022Houston-based carbon credit registry provides first international soil carbon credits in UK
A Houston-based non-profit organization, BCarbon, issued their first international soil carbon credits that using farmland to remove carbon in the atmosphere in the UK.
July 07, 2022EU parliament backs green label for gas, natural gas investment
The European Parliament voted on Wednesday to label investment in gas and nuclear facilities as environment-friendly, in a bid to help the bloc carry out its climate pledge by facilitating private investment in power plants.
July 07, 2022Tata Chemicals opens UK's largest carbon capture plant
Tata Chemicals Europe (TCE ) opened UK's first industrial-scale carbon capture plant, which will recycle 40,000 tonnes of waste CO2 each year, equivalent of taking more than 20,000 cars off the roads.
July 06, 2022Dutch government limits Schiphol airport flights to reduce pollution
The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.