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April 22, 2022
Tesla earns US$679 million from sales of carbon credits in first quarter
Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.
April 21, 2022Renewable market size to hit $1,998.03 billion by 2030 with Asia Pacific leading the way
As worries about climate change and pollution levels continue to grow, the worldwide renewable energy market size is expected to value around US$1.9 trillion by 2030, with a compound annual growth rate of 8.6% from 2022 to 2030, according to Precedence Re
April 21, 2022ExxonMobil projects carbon capture market to be worth $4 trillion by 2050
Exxon Mobil predicts that by 2050, the market for carbon capture and sequestration will be worth US$4 trillion, according to a presentation given on Tuesday.
April 21, 2022EU carbon prices jumps 9% as the bloc moves closer to market reform
The benchmark European carbon contract soared to nearly an eight-week high following news of potential European Union market reform, and technical purchasing drove the contract through resistance levels of the past few weeks.
April 20, 2022Microsoft inked 15-year solar PPA with ATCO Group
Canada-based ATCO Group announced on Tuesday that it has entered into a 15-year power purchase agreement with Microsoft. Under the deal, Microsoft will purchase all renewable energy generated by ATCO's Deerfoot solar facility in Calgary, Alberta.
April 20, 2022EU mulls toughening renewable targets to cut Russian energy reliance
The European Union is considering setting more ambitious targets for its renewable energy capacity expansion as part of its efforts to cut its over-dependency on Russian fossil fuels, according to Frans Timmermans, the Executive Vice President of the Euro
April 20, 2022WINT launches new tool to help businesses cut water waste and carbon footprint
WINT Water Intelligence, an American water management company, has released a new set of data-driven tools to help businesses reduce carbon and other greenhouse gas emissions from water use and waste, as well as their carbon footprints.
April 19, 2022New York approves two massive renewable projects to cut fossil fuel reliance
The New York Public Service Commission had approved on Thursday two renewable energy projects, which are expected to boost clean power in the state and put the state on track to meet its climate goal.
April 19, 2022Satellite data can help improve transparency in emission reporting
Scientists have developed new methods for comparing national greenhouse gas inventories with independent measurements collected from space, according to new research published in Earth System Science Data.
April 19, 2022BlackRock expects 75% of its assets to be backed by science-based climate targets by 2030
BlackRock announced last week that by 2030, at least 75% of the corporate and sovereign assets it manages on behalf of clients will be in issuers with science-based targets for climate change.