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November 22, 2022
China's CO2 emissions down but still fall short of long-term goals
China's greenhouse gas emissions have been decreasing since last year but have not yet reached its peak, with the country's policies still not fully aligned with long-term goals to limit temperature increases, a research report said on Monday.
November 21, 2022IEA advocates hourly renewable energy buying
The International Energy Agency has joined industry calls to overhaul the way companies purchase renewable energy to meet their climate targets, and promotes hourly certification of renewable electricity, it said.
November 18, 2022Microsoft signs wind PPA with Potentia and Greengate in Canada
Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).
November 17, 2022125 billionaires emit as much CO2 as whole France
Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.
November 16, 2022Australian carbon trading volumes jump 50% as corporates place bets ahead of review
Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.
November 16, 2022Brussels 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 14, 2022EU agrees stronger carbon price control
The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
November 14, 2022Asia Pacific corporate PPAs hit record 7 GW
Asia Pacific is set to see a record 7GW of renewable capacity contracted to corporations in 2022, an 80% increase on 2021.
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.