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Global
April 14, 2022
Renewable energy prices skyrocket 10% in first quarter amid market volatility
The Russian invasion of Ukraine has worsened global energy market volatility, compounding to the supply-chain shortage issues that have already resulted in price rises for renewable power purchase agreements (PPAs).
April 12, 2022Global renewable energy capacity surges 9% with Asia leading the way
According to a report released on Monday by the International Renewable Energy Agency (IRENA), global renewable power capacity increased by 9.1% to 3,064 GW in 2021, as governments focus on reducing emissions to mitigate global warming.
April 12, 2022Sweden set to be first country to account for consumption-based emissions
To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country
April 11, 2022IPCC cites cryptocurrency as factor of ‘future climate risks’
The Intergovernmental Panel on Climate Change (IPCC), a United Nations entity tasked with analyzing climate change science, has published a new report last week in which it cited cryptocurrency as one of the technologies that might require more energy and
April 08, 2022Maersk pledges to net zero steel by 2040 in a bid to reduce carbon footprint
After committing to achieving carbon neutrality by 2040 in January, Maersk, the world’s largest shipping company, has joined SteelZero to use 100% net zero steel by 2040.
April 07, 2022Hard-to-process plastic waste can be cost-effective way to capture carbon dioxide
Heating plastic waste in the presence of a certain chemical can produce particles that absorb carbon dioxide, according to a research team from Rice University.
April 06, 2022Meta to buy 200 MW of wind energy from TransAlta as it expands footprint
Canadian power producer TransAlta Corp announced on Tuesday that it has signed a long-term renewable energy purchase deal with Meta, formerly known as Facebook, for the offtake of wind energy.
April 06, 2022EU proposes tougher pollution rules for industry, livestock farms
The European Commission presented on Tuesday proposals to update Industrial Emissions Directive, a critical legislation to help control industrial pollution. Under the guidelines, factories and mines in Europe would be subject to stricter pollution limita
March 31, 2022Cost-effective Nuada system could be game changer for carbon capture
North Ireland-based company MOF Technologies said it has developed a new modular technology which will revolutionize the industry by cutting carbon capture prices to as low as 13 pounds per tonne of carbon dioxide.
March 31, 2022US proposes first carbon standard for concrete to cut building sector emissions
The United States General Services Administration (GSA) proposed new limits on high-carbon-emitting building materials for all of its major projects. The decision is expected to have a significant impact on billions of dollars in federal infrastructure in