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Brazil President Jair Bolsonaro signed a decree on Monday to establish a national carbon market to cut greenhouse gas emissions, stating that “Brazil emerges as a powerhouse in this still new green economy sector.”

Alcoa Corporation, the world’s third largest aluminum producer, announced last week that it has entered into a power purchase agreement (PPA) with Spanish renewable energy group Greenalia for 183 MW of baseload wind energy to power its smelter in Spain.

Singapore-based Eastern Pacific Shipping has teamed up with Dutch maritime technology company Value Maritime to install carbon capture technology on two MR tankers, making them the largest ocean-going vessels equipped with the technology.

Woolworths, an Australian chain of supermarkets, last week announced a renewable energy cooperation with Spanish energy company Iberdrola to power its sites in South Australia.

The Spanish government adopted a royal decree last week to establish the system of guarantee of origin for gases coming from renewable sources, such as green hydrogen, biogas or biomethane, which will allow marketers and consumers to differentiate themsel

Sony announced on Wednesday that it decided to bring forward its deadline for reaching carbon neutrality by a decade, saying it now plans to achieve net-zero emissions across its whole business by 2040.

Researchers at the University of Cambridge have developed a low-cost gadget which is capable of capturing carbon dioxide gas while charging. When it discharges, the carbon dioxide can be released in a controlled way and be collected to be reused.

The European Commission has presented on Wednesday the REPowerEU plan, which aims to reduce reliance on Russian fossil fuels while hastening the transition to renewable energy.

Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept

American aluminum can giant Ball Corporation announced that it has inked a new power purchase agreement to purchase 151 MW of wind energy from a subsidiary of NextEra Energy.

Wind, utility solar, and battery storage power capacity in the United Stated surpassed 200 GW in 2021, following the commissioning of 28.5 GW of clean energy projects, according to the Clean Power Annual Market Report 2021 released by American Clean Power

As more mills switch to less-polluting electric arc furnaces (EAF), carbon dioxide emissions from the world’s steel sector are expected to drop 30% by 2050 compared to last year, according to a study released on Tuesday by consultancy Wood Mackenzie.