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An Australian prototype carbon capture and storage machine has secured a US$700,000 contract and this deal is thought to be the first time an Australian company has obtained a deal to remove CO2 using direct air capture (DAC) technology.

According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one

Foxconn has pledged to reach net zero carbon emissions for its operations in Taiwan by 2030, and to support more than 100 major suppliers in switching to 100% renewable energy by 2050, according to the electronics giant’s 2021 CSR report.

According to a new study, only 33 major shipping firms have a publicly stated goal of achieving net zero by 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to 2008, which accounts for 35% of the world’s 94 largest shipping

Australia’s new Labor government has appointed a climate scientist to conduct a six-month review of the country’s carbon credit scheme, following concerns that certain projects receiving credits are not actually reducing carbon emissions.

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.

Gabon, a country located on the west coast of Africa, is planning the world’s biggest carbon credits issuance ever, involving 187 million carbon credits with almost half of them to be sold on the offsets market.

LyondellBasell, a Houston-based plastics, chemicals and refining company, announced this week the signing of its first two power purchase agreements (PPAs) in the United States, with the goal of procuring at least 50% of its electricity from renewable sou

International renewable energy certificates (I-RECs) issued in Mexico have seen a significant increase in demand this year, as foreign corporations attempt to decrease their carbon footprints and policy uncertainty drives generators to seek additional rev

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.

Korea’s total greenhouse gas (GHG) emissions climbed 3.5% year on year in 2021 to 679.6 million tonnes, the country’s Ministry of Environment said on Tuesday.

US real estate management company Meridian Group announced this week that it has entered into a contract with energy company Constellation to purchase renewable energy certificates (RECs) for nearly its entire portfolio in the Washington, D.C., area.