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Global
January 21, 2022
Verizon signs seven virtual PPA for 910 MW of new renewables
On January 20, US telecom provider Verizon announced seven new renewable energy purchase agreements for an aggregate of approximately 910 MW of renewable energy capacity. The deals are expected to finance the powering of seven solar and wind facilities un
January 20, 2022Axpo signs 300MWp solar power supply contract with R.power Group
Axpo, Switzerland's largest producer of renewable energy, has inked a Power Purchase Agreement (PPA) with Polish solar developer R.Power Group for the distribution of electricity produced by a 300 MWp array of solar power plants in Poland.
January 19, 2022EU to adopt new calculating rules for renewable cooling
Last December, the European Commission (EC) released new criteria for calculating the amount of renewable cooling and district cooling that can be used to meet the EU's renewable energy targets.
January 19, 2022Exxon aims for net-zero emission by 2050 amid industry’s race to carbon reduction
Exxon Mobil Corp, the American oil and gas giant, announced on Tuesday its ambition to reach net-zero emission from its global operations by 2050, catching up with competitors that are reducing their carbon footprints.
January 19, 2022Energy intensive industries react with dismay as UK government is not intervening to stabilize carbon prices
The UK government announced on Jan. 18 that it will not intervene to curb costs under the UK Emissions Trading System, following a similar decision in December. The decision implies that the market will be left to operate without intervention in January,
January 18, 2022BNEF report finds carbon offset prices could climb 50-fold by 2050
BloombergNEF, a strategic research provider, released its inaugural Long-Term Carbon Offset Outlook 2022, an annual analysis that will update the global carbon offsetting market trends and forecasts.
January 17, 2022Carbon capture tax credit ready to go in Canada
Canada is set to introduce a tax credit for carbon capture investments, a critical step to cut greenhouse-gas emissions from the oil sands and will shortly lay out its 2030 pollution reduction goals.
January 14, 2022European PPA prices surge 8% amid deepening energy crisis
According to new analysis from LevelTen Energy, a provider of renewable transaction infrastructure, Europe’s ongoing energy crisis has led to increases in renewable power purchase agreement (PPA) prices, which climb 7.8% quarter over quarter.
January 14, 2022Built of hemp, France’s Pierre Chevet sports hall may become a carbon sink
Located in Croissy-Beaubourg, France, the Pierre Chevet sports hall is made from hempcrete (a mix of hemp, lime, and water) blocks and has become the world’s very first carbon-negative public building.
January 14, 2022EU’s proposed carbon pricing rules let half of Europe’s ships off the hook
The European NGO Transport & Environment (T&E) found in a new study that the European Commission's proposed carbon pricing scheme for shipping will let small vessels slip through the net, exempting millions of tonnes of carbon dioxide from tax.