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April 21, 2022

ExxonMobil projects carbon capture market to be worth $4 trillion by 2050

Exxon Mobil predicts that by 2050, the market for carbon capture and sequestration will be worth US$4 trillion, according to a presentation given on Tuesday.
April 21, 2022

EU carbon prices jumps 9% as the bloc moves closer to market reform

The benchmark European carbon contract soared to nearly an eight-week high following news of potential European Union market reform, and technical purchasing drove the contract through resistance levels of the past few weeks.
April 20, 2022

Microsoft inked 15-year solar PPA with ATCO Group

Canada-based ATCO Group announced on Tuesday that it has entered into a 15-year power purchase agreement with Microsoft. Under the deal, Microsoft will purchase all renewable energy generated by ATCO's Deerfoot solar facility in Calgary, Alberta.
April 20, 2022

EU mulls toughening renewable targets to cut Russian energy reliance

The European Union is considering setting more ambitious targets for its renewable energy capacity expansion as part of its efforts to cut its over-dependency on Russian fossil fuels, according to Frans Timmermans, the Executive Vice President of the Euro
April 20, 2022

WINT launches new tool to help businesses cut water waste and carbon footprint

WINT Water Intelligence, an American water management company, has released a new set of data-driven tools to help businesses reduce carbon and other greenhouse gas emissions from water use and waste, as well as their carbon footprints.
April 19, 2022

New York approves two massive renewable projects to cut fossil fuel reliance

The New York Public Service Commission had approved on Thursday two renewable energy projects, which are expected to boost clean power in the state and put the state on track to meet its climate goal.
April 19, 2022

Satellite data can help improve transparency in emission reporting

Scientists have developed new methods for comparing national greenhouse gas inventories with independent measurements collected from space, according to new research published in Earth System Science Data.
April 19, 2022

BlackRock expects 75% of its assets to be backed by science-based climate targets by 2030

BlackRock announced last week that by 2030, at least 75% of the corporate and sovereign assets it manages on behalf of clients will be in issuers with science-based targets for climate change.
April 18, 2022

Foxconn to buy 70 million kWh of green energy in Taiwan by 2030

Foxconn, Taiwanese electronics manufacturing giant, has signed an agreement on Friday with Foxwell Power, a subsidiary of solar power supplier Shinfox Energy, to procure 2.36 million kWh of green electricity this year.
April 18, 2022

India invites initial bids for setting up renewable energy manufacturing zone

Indian Ministry of Power and Ministry of New and Renewable Energy have issued an expression of interest (EoI) to set up manufacturing zones for power and renewable energy sectors on a pilot basis.
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