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European lawmakers reject EU ETS reform but vote to ban diesel cars
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European lawmakers reject EU ETS reform but vote to ban diesel cars

Members of the European Parliament (EP) last week rejected proposals to include marine and road transport in the EU Emissions Trading Scheme (ETS). On the other hand, a proposal to expand its carbon market to all departing flights was approved.
June 13, 2022
Walmart invests in renewable energy to decarbonize its fleet
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Walmart invests in renewable energy to decarbonize its fleet

US retail giant Walmart announced last week that it is testing three types of renewable energy to power its fleet, aiming to save energy and lower emissions.
June 13, 2022
India eases open access rules in a bid to promote clean energy
News

India eases open access rules in a bid to promote clean energy

To promote renewable generation, purchase and consumption, India’s federal government this week notified the Green Open Access Rules for further easing the access rules for green energy.
June 10, 2022
Canada’s newly launched carbon market draws criticism for its price
News

Canada’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 10, 2022
Travelers can cut carbon footprint under Singapore Airlines’ new scheme
News

Travelers can cut carbon footprint under Singapore Airlines’ new scheme

Singapore will introduce a carbon credit program for sustainable aviation fuels in July, providing businesses and travelers with the option of paying additional costs to cut their carbon footprint when flying and transporting goods by air.
June 09, 2022
Finland sets world’s most ambitious climate pledge in law
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Finland sets world’s most ambitious climate pledge in law

Finland’s parliament last week passed a new Climate Change Act, promising to reach net-zero emissions by 2035 and negative emissions by 2040. The timeline is much ahead than other countries, and the law makes Finland the world’s first country to create a
June 09, 2022
Vietnam’s state-owned utility aims for 5 GW of renewables by 2025
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Vietnam’s state-owned utility aims for 5 GW of renewables by 2025

To meet the growing need for power in national development, the Electricity of Vietnam (EVN) plans to ramp up its investment in renewable energy in the next years.
June 09, 2022
Austria mulls deferring carbon tax as inflation concerns grip market
News

Austria mulls deferring carbon tax as inflation concerns grip market

Due to rising energy prices and public criticism, the Austrian government is considering delaying the implementation of carbon tax until October, reported Euractiv.
June 08, 2022
Korean companies struggle to join RE100 in market short of clean energy
News

Korean companies struggle to join RE100 in market short of clean energy

Korea’s major companies appear to have difficulty committing themselves to 100% renewable energy, owing to a lack of solar, wind, and other cleaner energy options, the country’s industry officials said last week.
June 08, 2022
Modhera, home to Sun Temple, becomes India’s first 24/7 solar-powered town
News

Modhera, home to Sun Temple, becomes India’s first 24/7 solar-powered town

Modhera, in the Indian state of Gujarat, is the country’s first 100% solar-powered town, demonstrating that battery storage may offer 24/7 clean electricity to rural areas.
June 08, 2022
UK, Denmark on track to meet climate pledge while Southeast Asia lags
News

UK, Denmark on track to meet climate pledge while Southeast Asia lags

Denmark and the United Kingdom are among “a handful of countries” on track to achieve net-zero emissions by 2050, while South Asian and Southeast Asian countries like Bangladesh, Vietnam, Myanmar, and India lag, according to the Environmental Performance
June 06, 2022
Atmospheric carbon levels peak at level not seen for 4 million years
News

Atmospheric carbon levels peak at level not seen for 4 million years

Carbon dioxide in the atmosphere peaked more than 50% higher than pre-industrial levels in May, comparable to levels observed around 4 million years ago, according to the National Oceanic and Atmospheric Administration (NOAA).
June 06, 2022
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