News
Global
June 28, 2022
EU states agree on higher targets and faster permitting for renewables
The EU Energy Ministers have reached an agreement on Monday on revisions to the Renewable Energy Directive (RED) and the Energy Efficiency Directive (EED), aiming to accelerate renewable energy deployment and facilitate permission process for renewable pl
June 27, 2022Denmark to cut electricity tax to ease energy burdens
In an attempt to compensate citizens for growing energy prices, Denmark will temporarily lower electricity taxes in the fourth quarter of this year, according to a cross-party agreement posted on the Ministry of Finance’s website.
June 24, 2022Air Liquide pens its largest power deal to decarbonize sites in Benelux
Air Liquide, a French supplier of industrial and medical gases, announced on Wednesday that it has inked its largest long-term power purchase agreement (PPA) to date with energy company Vattenfall.
June 23, 2022EU’s historic carbon market overhaul gets green light from lawmakers
The European Parliament on Wednesday endorsed the long-anticipated carbon market reforms, easing worries that Europe’s climate actions might be delayed after legislators rejected the proposals in a first vote earlier this month.
June 22, 2022US solar consortium pledges US$6 billion to boost solar supply chain
A newly established consortium of four American solar companies has committed to investing US$6 billion per year to purchase 6 GW to 7 GW of crystalline silicon solar modules, aiming to revive domestic solar manufacturing in the United States.
June 21, 2022Chanel goes green with carbon credits offsetting 6.9 million tonnes carbon
Chanel has spent US$25 million in carbon credit offsets, which have cut or eliminated 6.9 million metric tonnes of carbon emissions every year, according to the French luxury brand’s Mission 1.5 climate report.
June 21, 2022IATA launches online tool to help travelers calculate flight emissions
The International Air Transport Association (IATA) unveiled on Sunday the ‘IATA CO2 Connect’, an online service that provides airlines, travel agents, corporate organizations, and passengers with accurate carbon emission calculations.
June 21, 2022US energy regulator unveils new plan to speed up grid-connection for renewables
The US Federal Energy Regulatory Commission (FERC) last week issued a proposed rule to accelerate the connecting of new renewable energy generators to the grid and alleviate the enormous backlog in interconnection queues.
June 20, 2022US, EU launch new global initiative to cut methane emissions
To mitigate climate crisis, countries around the world should team up to reduce methane emissions and stabilize global energy market in the aftermath of Russia’s invasion of Ukraine, US President Joe Biden said on Friday on a meeting of more than 20 of th
June 20, 2022Mexico signs deal with 17 US firms to build solar park near border
Andres Manuel Lopez Obrador, Mexico’s President, said on Friday that after several months of friction with business leaders, the country has made commitment with 17 American companies on clean energy generation.