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Green Policy
November 16, 2022
Brussels tables emergency law to boost renewables
The European Commission on November 10 put forward a temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia-Ukraine conflict calls for exceptional measures.
November 10, 2022France launches decarbonization strategy to slash maritime sector's carbon footprint
France has unveiled a plan aimed at reducing the carbon footprint of the shipping industry over the next seven years. Boosted by funding of 300 million euros, the industry is looking towards a greener future with the objective of building a zero emission
November 09, 2022Doubling 2030 renewable power targets is needed to achieve 2050 climate target
The International Renewable Energy Agency’s (IRENA) new analysis finds that collective global ambitions on renewable energy are not enough to keep temperature increases below 1.5 degrees C.
November 08, 2022Analysts slash EU carbon price forecasts on weak economies, increased supply
Analysts have cut their average price forecasts for EU carbon permits for the next two years in the sign that weak economies will hit Europe and lead to lower industrial output, while the European Commission readies an increase in permit supply.
November 07, 2022Malaysia to extend PPA in large-scale solar tender for 4 years
The Malaysian authorities have said that they will extend power purchase agreements from the fourth round of Malaysia’s large-scale PV tender from 21 to 25 years.
October 31, 2022Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 28, 2022Walmart suppliers team up to purchase renewable energy
Five Walmart suppliers joined forces to buy renewable energy from a Kansas wind farm, as part of the retailer’s plan to reduce 1 billion metric tons worth of emissions across its supply chain by 2030.
October 20, 2022Australia to pour billions of dollars into renewable energy projects
Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.
October 18, 2022New renewable energy initiative aims to benefit developing countries
A new not-for-profit initiative called the Distributed Renewable Energy Certificate (D-REC), backed by multiple stakeholders, is developing an internationally recognised market instrument acting as a guarantee of origin for distributed renewable energy.
October 14, 2022EU countries eye scaling down 45% renewables target
EU countries are considering revising REPowerEU, the European Commission’s plan to shift away from Russian fossil fuels, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.