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June 21, 2022
IATA launches online tool to help travelers calculate flight emissions
The International Air Transport Association (IATA) unveiled on Sunday the ‘IATA CO2 Connect’, an online service that provides airlines, travel agents, corporate organizations, and passengers with accurate carbon emission calculations.
June 20, 2022US, EU launch new global initiative to cut methane emissions
To mitigate climate crisis, countries around the world should team up to reduce methane emissions and stabilize global energy market in the aftermath of Russia’s invasion of Ukraine, US President Joe Biden said on Friday on a meeting of more than 20 of th
June 15, 2022UN campaign ‘Race to Zero’ toughens up membership criteria
United Nations-backed campaign ‘Race to Zero’ on Wednesday unveiled a tighter set of baseline criteria for the growing number of firms pledging to reducing greenhouse gas emissions.
June 13, 2022Net zero pledges gain momentum globally but credibility remains in doubt
More than a third of the world’s largest publicly traded corporations have set net zero goals, up from one-fifth in December 2020, according to Net Zero Tracker effort, a global research consortium.
June 08, 2022Korean companies struggle to join RE100 in market short of clean energy
Korea’s major companies appear to have difficulty committing themselves to 100% renewable energy, owing to a lack of solar, wind, and other cleaner energy options, the country’s industry officials said last week.
June 06, 2022Atmospheric carbon levels peak at level not seen for 4 million years
Carbon dioxide in the atmosphere peaked more than 50% higher than pre-industrial levels in May, comparable to levels observed around 4 million years ago, according to the National Oceanic and Atmospheric Administration (NOAA).
May 31, 2022Global carbon pricing schemes brought in US$84 billion in 2021
Global carbon pricing revenue reached US$84 billion in 2021, almost 60% higher than in 2020, providing an important source of funding to support a long-term economic recovery, finance broader fiscal reforms, and invest in communities, according to the Wo
May 30, 2022G7 nations to end carbon emissions from power sector by 2035
The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.
May 24, 2022Brazil announces carbon credits market but lacks details
Brazil President Jair Bolsonaro signed a decree on Monday to establish a national carbon market to cut greenhouse gas emissions, stating that “Brazil emerges as a powerhouse in this still new green economy sector.”
May 16, 2022Companies committed to SBTi targets represent $38 trillion economy
A record number of firms are committing to and adopting science-based climate targets, according to a recent report released by the Science-Based Objectives Initiative (SBTi), the global organization that encourages firms to set science-based emissions re