News

India should ban the use of diesel-powered four-wheeler vehicles by 2027 in cities with more than a million people and polluted towns and switch to electric and gas-fueled vehicles to reduce emissions, the Energy Transition Advisory Committee is recommend

Indonesia’s financial regulator said on May 5 that the government plans to launch a carbon exchange in the second half of this year, as part of efforts to boost renewable energy use and achieve net-zero emissions by 2060.

China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.

Total Eren, Adaro Power and PJBI have signed a power purchase agreement (PPA) with PLN for a 70-MW wind farm equipped with a 10-MW battery energy storage system to be located in Tanah Laut in Indonesia.

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.

Australia’s renewable energy output hit record level, helping extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.

Analysts have raised their average price forecasts for EU carbon permits for the next three years after the EU gave green light to the bloc’s carbon market reforms.

Google has signed a new PPA with Madrid-based renewable energy company EDP Renewables (EDPR) to procure solar energy in the U.S.

In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.

Thailand’s Energy Regulatory Commission (ERC) has selected 175 companies for the first phase of its renewables scheme. It has attracted massive interest, receiving proposals with a combined capacity of almost 17GW, more than three times its 5.2GW target.