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Global
July 01, 2022
Gabon to issue world’s largest volume of carbon credits
Gabon, a country located on the west coast of Africa, is planning the world’s biggest carbon credits issuance ever, involving 187 million carbon credits with almost half of them to be sold on the offsets market.
June 30, 2022Meridian Group buys RECs for its entire DC portfolio
US real estate management company Meridian Group announced this week that it has entered into a contract with energy company Constellation to purchase renewable energy certificates (RECs) for nearly its entire portfolio in the Washington, D.C., area.
June 30, 2022Google Cloud to show users their carbon footprint in Gmail, Docs
Google Cloud has expanded its suite of tools to reveal the carbon footprint for its Workspace apps, which include Gmail and Docs, aiming to help its customers assess their environmental impact.
June 29, 2022NATO pledges to cut emissions by 45% by 2030, be carbon neutral by 2050
North Atlantic Treaty Organization (NATO) unveiled on Tuesday its first emissions targets, aiming to reduce civilian and military greenhouse gas emissions by at least 45% by 2030 and become carbon neutral by 2050.
June 29, 2022Bank of America signs PPA to acquire solar power from Mammoth Central
Bank of America has inked a 15-year, 160 MW contract with Constellation Energy to purchase clean power and renewable energy certificates (RECs) from the Mammoth Central PV project in Indiana, United States.
June 28, 2022UK government handed airlines with 4.4 million free carbon allowances
In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir
June 28, 2022EU 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.