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July 04, 2022
Test Dubai to source 14% of energy from renewables by end of year
Dubai, economic and financial hub of the United Arab Emirates, plans to increase the share of renewables in its energy mix to 14% by the end of 2022 as part of the country’s attempts to meet its environmental targets.
June 30, 2022Google Cloud to show users their carbon footprint in Gmail, Docs
Google Cloud has expanded its suite of tools to reveal the carbon footprint for its Workspace apps, which include Gmail and Docs, aiming to help its customers assess their environmental impact.
June 28, 2022Australia’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.