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October 14, 2022
EU countries eye scaling down 45% renewables target
EU countries are considering revising REPowerEU, the European Commission’s plan to shift away from Russian fossil fuels, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
October 13, 2022Buying carbon credit could curb company’s climate efforts, warns UK advisers
Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 12, 2022UK set to impose revenue cap on renewable energy generators
The UK government has announced to introduce the ‘Cost-Plus Revenue Limit,’ a temporary cap on renewable energy companies’ revenue, to curb the impact of soaring wholesale power prices.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
October 07, 2022BNEF: Renewables investment must quadruple by 2030
To reach net-zero emissions by 2050 and limit global warming to 1.5C temperature, investment in renewable energy sources needs to exceed finance flows to fossil fuels by a factor of four over the next decade, according to a report published by BloombergNE
October 05, 2022Wood Mackenzie: Decarbonizing iron and steel industry requires $1.4 trillion investment
Decarbonizing the iron and steel industry requires $1.4 trillion of investment, of which $250 billion is for carbon credits, according to Wood Mackenzie’s latest report, Pedal to the Metal: Iron and steel’s $1.4 trillion shot at decarbonization.
October 05, 2022Germany added 803 MW of solar, wind in August
Germany commissioned 561.35 MW of solar power plants and a 152.11 MW of onshore wind farms in August, according to the latest figures from the Federal Network Agency.
October 04, 2022Queensland’s Kaban wind farm connects to SuperGrid
The 157-MW Kaban wind farm in Queensland’s Far North region has officially connected to the state’s new SuperGrid.
October 03, 2022Malaysia to become major carbon market in Asia: McKinsey
Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
September 30, 2022Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms
A study by environmental NGO Transport & Environment shows that lifetime carbon emissions of a car are so high that investing in carmakers funds almost as much as carbon dioxide per euro as investing in an oil company.