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June 02, 2022
Japan seeks to launch certificate of origin for renewables
Japan Electric Power Exchange (JEPX) plans to create a scheme by 2023 to certify the origin of green energy, aiming at identifying the types and locations of renewable power plants, Nikkei reported in May.
June 02, 2022US Navy aims for 100% carbon-free energy by 2030
The United States Navy plans to get 100% of its electrical power needs from carbon-free sources by 2030, with at least 50% coming from local power generation and on-base generation.
June 02, 2022Carbon quality initiative launches free tool to score projects
The Carbon Credit Quality Initiative (CCQI) this week released a new interactive tool to rate the quality of various forms of carbon credits. The free online CCQI Scoring Tool is designed to help buyers in the expanding carbon credit market to make inform
June 01, 2022South Asian apparel giant MAS switches two sites to 100% renewables
MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.
June 01, 2022Bursa Malaysia, Verra team up to work on voluntary carbon market
In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.
June 01, 2022European carbon prices hike as power generators turn to coal
European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.
May 31, 2022Consum signs solar PPA with Endesa to secure 50% electricity needs
Consum announced that it has entered a ten-year power supply contract with Endesa for 75 MW of solar power, which will be able to cover 50% of the supermarket chain’s power demand, equivalent of nearly 76,000 families’ electricity consumption.
May 31, 2022IKEA to sell solar panels in some US stores
IKEA, the world’s largest furniture retailer, will collaborate with American renewable energy company SunPower to make solar energy more accessible for customers, the company stated earlier this month in a press release.
May 31, 2022Global carbon pricing schemes brought in US$84 billion in 2021
Global carbon pricing revenue reached US$84 billion in 2021, almost 60% higher than in 2020, providing an important source of funding to support a long-term economic recovery, finance broader fiscal reforms, and invest in communities, according to the Wo
May 30, 2022Infineon to adopt 100% green energy for its Austin plant
Infineon Technologies, one of the world’s major semiconductor makers, announced earlier this month that it will run its Austin production site entirely on renewable energy.