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January 17, 2022
Carbon 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.
January 13, 2022Furnas to hold second auction of RECs in February
Brazil's state-owned utility Furnas announced on Monday that its Second Auction of Renewable Energy Certificates will take place on February 17. The auction will provide Certificates to businesses who want to prove that the energy they consume comes from
January 12, 2022Kitty litter clay can help pull methane emissions from air
With countries across the globe taking actions to combat climate change, carbon dioxide gets all the attention as a climate villain. Methane, on the other hand, is significantly more potent and has far greater heat-trapping potential, making it crucial to
January 11, 2022Equinix signs 10-year wind power supply with Neoen
Equinix, a global data center company, announced on Monday that it has agreed, in last December, to purchase renewable energy from a wind farm in Finland under a Power Purchase Agreement (PPA) with Neoen and Prokon.
January 11, 20222021 rated the fifth hottest year on record as emissions soar
According to data from the European Union's Copernicus Climate Change Service, 2021 was the fifth-hottest year on record, with temperatures over 1.2 degrees Celsius higher than the preindustrial norm. The findings showed that the last seven years have bee
January 10, 2022India to invest $1.61 billion in grid integration in efforts to reach net zero
India’s cabinet approved the second phase of the Green Energy Corridor, with a budget of Rs 12,031 crore, to help grid integration and power evacuation for around 20 GW of renewable energy projects across seven states.
January 10, 2022UK firms facing 10% higher carbon price than EU rivals post Brexit
Since the UK government has refused a link between the UK Emissions Trading System (UK ETS) and the EU Emissions Trading System (EU ETS) after Brexit, British businesses are paying far more for their carbon dioxide production than their EU counterparts.