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EU member states and parliamentarians on Sunday reached a political deal to reform the bloc's carbon market, the key policy of its ambitions to cut emissions and invest in climate-friendly technologies.

Pexapark, a Swiss renewable energy investment and consulting firm, said in a recent report on European PPAs that renewables “are the absolute winners of 2022 and the years to come in an environment of crisis and difficulties.”

The New Zealand government raised the country's 2023 Emissions Trading Scheme (ETS) carbon allowance price and volume settings on December 15 to levels significantly below those advised by its national climate body.

Taiwanese companies are struggling to source renewable energy domestically due to shortfalls in supply and access to the grid, which may hinder its efforts to achieve its 2025 renewable energy goals, the global initiative RE100 said in a report.

Although the use of renewable energy is a market trend, it increases costs and inconvenience for businesses to purchase electricity. Such concern becomes the reason why many enterprises hesitate to go green. This chapter analyzes the challenges enterprise

The European Union took a step forward to imposing a carbon tax on imports of energy-intensive goods such as steel and cement after striking a deal with EU members on Tuesday.

Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.

Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.

The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.

Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa

Global renewable energy capacity will soar by around 75% in the next five years, according to the International Energy Agency (IEA) on Tuesday, citing energy security concerns as a key reason.

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.