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July 13, 2022

Shell 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, 2022

New 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, 2022

Houston-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, 2022

EU 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, 2022

Tata 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, 2022

Dutch 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.
July 05, 2022

Mitsubishi signs virtual PPA with Murata for renewable energy supply

According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one
July 04, 2022

Only 35% of shipping companies committed to climate target by 2050, study says

According to a new study, only 33 major shipping firms have a publicly stated goal of achieving net zero by 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to 2008, which accounts for 35% of the world’s 94 largest shipping
July 01, 2022

Mexico’s appetite for I-RECs grows rapidly amid policy uncertainty

International renewable energy certificates (I-RECs) issued in Mexico have seen a significant increase in demand this year, as foreign corporations attempt to decrease their carbon footprints and policy uncertainty drives generators to seek additional rev
July 01, 2022

LyondellBasell ramp up renewables with two power deals in US

LyondellBasell, a Houston-based plastics, chemicals and refining company, announced this week the signing of its first two power purchase agreements (PPAs) in the United States, with the goal of procuring at least 50% of its electricity from renewable sou
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