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September 29, 2022
Queensland to shut coal plants by 2035
Queensland, one of Australia's biggest coal-producing states, announced on Sep. 28 an A$ 62 billion ($40 billion) clean energy plan to end its reliance on fossil fuels and convert its coal-fired power stations to renewable hubs by 2035.
September 28, 2022ESG investors consider measuring Scope 4 emissions
Amid global race to net-zero emissions, Environmental, Social, and Governmental (ESG) investors are now considering how Scope 4 emissions can be integrated into their portfolio analysis.
September 26, 2022Low-carbon rice production could help Vietnam meet 2030 emission target
According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
September 23, 2022Iron ore giant Fortescue pledges to go green by 2030
Australian resource giant Fortescue Metals Group, one of the world’s biggest iron ore producers, has unveiled a $6.2 billion plan to transition to renewable energy by 2030. Its billionaire owner Andrew Forrest has urged other heavy industries to follow su
September 22, 2022New KARB ETF opens door to global compliance carbon markets
Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.
September 21, 2022South African businesses propose revisions to carbon tax rates
The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
September 20, 2022Vietnam needs new FiT to boost biomass investment, say experts
Despite an existing feed-in tariff (FiT) for deepening biomass energy investment in Vietnam, some experts advise that a new scheme must be paired with other legal incentives to ensure a more significant share in the country’s energy mix.
September 19, 2022OCC designates its first-ever “climate cop”
The U.S. Office of the Comptroller of the Currency (OCC) has appointed Dr. Yue (Nina) Chen as its first chief climate risk officer to manage climate-related financial risks.
September 16, 2022Africa's first green hydrogen plant to start production in 2024
French independent power producer HDF Energy has announced that its green hydrogen power plant in Namibia, Africa’s first, will begin producing electricity in 2024.
September 15, 2022First climate lawsuit demanding Russian government stronger emissions targets
Activists filed Russia’s first-ever lawsuit in the Supreme Court on Sep.13, demanding the government take stronger actions on emissions reduction to meet its obligations under the 2015 Paris Agreement.