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Global
June 22, 2022
US 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.
June 20, 2022Atlas Renewable Energy acquires wind farm in Brazil from Voltalia
US-based clean energy company Atlas Renewable Energy has acquired Juramento, a 378MW wind farm in Minas Gerais, Brazil, from Voltalia, a French energy corporation.
June 16, 2022NZ carbon prices rise on strong demand at auction
The New Zealand Government held on Wednesday its second carbon allowance auction for the year, auctioning 4.825 million tonnes of carbon credits on the NZX-EEX platform. Due to the strong demand, the prices went up to 76 New Zealand dollars per tonne, up
June 15, 2022France urges EU to strengthen means against carbon price volatility
After the European Parliament voted down the key parts of carbon market reform, France, the holder of the EU rotating presidency, plans to ask the bloc to enhance a mechanism to prevent excessive carbon price spikes as part of the most comprehensive refor
June 15, 2022UN campaign ‘Race to Zero’ toughens up membership criteria
United Nations-backed campaign ‘Race to Zero’ on Wednesday unveiled a tighter set of baseline criteria for the growing number of firms pledging to reducing greenhouse gas emissions.