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Global
November 24, 2022
Integrity issues of Australia’s carbon credits system undermine transparency, new report finds
Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.
November 23, 2022Germany mulls state guarantees for solar and wind energy
Germany is considering introducing state guarantees for investments in renewable energy to increase the country’s industrial potential, Economy Minister Robert Habeck has said, as Berlin seeks to become more independent in scaling up renewables capacity.
November 22, 2022China's CO2 emissions down but still fall short of long-term goals
China's greenhouse gas emissions have been decreasing since last year but have not yet reached its peak, with the country's policies still not fully aligned with long-term goals to limit temperature increases, a research report said on Monday.
November 21, 2022IEA advocates hourly renewable energy buying
The International Energy Agency has joined industry calls to overhaul the way companies purchase renewable energy to meet their climate targets, and promotes hourly certification of renewable electricity, it said.
November 18, 2022Microsoft signs wind PPA with Potentia and Greengate in Canada
Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).
November 17, 2022125 billionaires emit as much CO2 as whole France
Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.
November 16, 2022Australian carbon trading volumes jump 50% as corporates place bets ahead of review
Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.
November 16, 2022Brussels tables emergency law to boost renewables
The European Commission on November 10 put forward a temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia-Ukraine conflict calls for exceptional measures.
November 14, 2022EU agrees stronger carbon price control
The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
November 14, 2022Asia Pacific corporate PPAs hit record 7 GW
Asia Pacific is set to see a record 7GW of renewable capacity contracted to corporations in 2022, an 80% increase on 2021.