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June 28, 2022
Australia’s GHG emissions climbed in 2021 amid pandemic recovery
Australia’s greenhouse gas emissions increased by roughly 1% in 2021, as driving and travel increased and manufacturing activity rebounded in the aftermath of COVID-19 pandemic, the government announced on Monday.
June 24, 2022Air Liquide pens its largest power deal to decarbonize sites in Benelux
Air Liquide, a French supplier of industrial and medical gases, announced on Wednesday that it has inked its largest long-term power purchase agreement (PPA) to date with energy company Vattenfall.
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 14, 2022Better Energy pens 10-year solar PPA with Telenor, Telia
Better Energy, a Danish renewable energy developer, has signed a ten-year power purchase agreement (PPA) with Telenor and Telia in Denmark. Under the deal, Better Energy will oversee the construction of a solar park, which is scheduled to be completed and
June 10, 2022Canada’s newly launched carbon market draws criticism for its price
Canada unveiled on Wednesday its first federal carbon market, enabling governments, businesses and other organizations to offset their carbon dioxide emissions by purchasing credits.
June 01, 2022Bursa Malaysia, Verra team up to work on voluntary carbon market
In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.
June 01, 2022European carbon prices hike as power generators turn to coal
European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.
May 27, 2022Verra halts tokenization of carbon credits to avoid double counting
Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 26, 2022US government may require suppliers to disclose GHG emissions
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
May 18, 2022Indonesia, PNG restrictions may stifle carbon credit market
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.