News

In keeping with India’s decarbonization commitment, the Gujarat government inked a Memorandum of Understanding (MoU) on Monday to establish the country’s first carbon market.

In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source

As more Brazilian companies seek to minimize their carbon footprint, the country has seen a considerable increase in demand for international renewable energy certificates (I-RECs) this year, according to Argus media.

As energy markets recovered from the slump caused by the pandemic, Latin America’s wind and solar energy additions increased by 50% in 2021, according to a new report released by Bloomberg New Energy Finance (BNEF).

The price of Australian Carbon Credit Units (ACCU) skyrocketed on the first trading day following the federal election, boosted by anticipation that the new Labor government led by Anthony Albanese will raise demand for emissions reductions.

The Spanish government adopted a royal decree last week to establish the system of guarantee of origin for gases coming from renewable sources, such as green hydrogen, biogas or biomethane, which will allow marketers and consumers to differentiate themsel

Woolworths, an Australian chain of supermarkets, last week announced a renewable energy cooperation with Spanish energy company Iberdrola to power its sites in South Australia.

Sony announced on Wednesday that it decided to bring forward its deadline for reaching carbon neutrality by a decade, saying it now plans to achieve net-zero emissions across its whole business by 2040.

With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.

German carmaker BMW plans to run its new factory in Debrecen, Hungary, fully on renewable electricity, completely dispensing with fossil fuel, the company’ chief executive Oliver Zipse said on the Annual General Meeting on Wednesday.