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May 11, 2022
Atmospheric carbon levels hit all-time high in human history
Levels of carbon dioxide in the atmosphere reach the highest on record for any calendar month during April, according to the Scripps Institution of Oceanography’s data.
May 10, 2022Renewable energy certificate market to reach $103 billion by 2030
The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese
May 10, 2022EU seeks one-year limit for renewable energy permission process
The European Commission aims to accelerate the bloc’s green transition and to wean itself off Russian resources by allowing some renewable energy projects to acquire permits within a year, Reuters reported on Monday, quoting a draft document.
May 10, 2022European carbon prices plummet 5% after challenging recent high
The global recession fears have spread to the European carbon market and led to a 5% decline in prices although there are no new dangers of an escalation in the Ukraine war or the impasse between the European Union and Russia over its fossil fuels.
May 09, 2022AES, Amazon ink PPAs for 450 MW solar, 225 MW energy storage
American energy developer AES Corporation announced last week that it has signed two power purchase agreements (PPAs) with Amazon to deliver 450 MW of clean energy to power its data center operations in California.
May 09, 2022China’s farmers can now earn money with ‘carbon tickets’
China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.
May 09, 2022Singapore carbon exchange to launch carbon offset futures trading
To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early
May 06, 2022I-REC transactions go digital with ENGIE’s online platform
ENGIE Brasil, Brazil’s largest private energy generator, has started the digital transaction of I-REC, a certificate proving the renewable origin of the power consumed, on Energy Place, a digital marketing platform developed by the company.
May 06, 2022AES to supply Microsoft 110 MW solar for its California data centers
American energy company AES Corporation announced this week that it has entered into a 20-year power purchase agreement with Microsoft to deliver renewable energy to its California data centers.
May 06, 2022EU drafts sustainability disclosure standards for businesses
Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.