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February 22, 2022
A $174 carbon price is needed for global shipping bunker fuels: experts
As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 21, 2022T-RECs issuance crossed 1 million milestone with 99% taken by TSMC
As environmental consciousness grows, demand for renewable energy saw a rapid surge. Taiwan’s Bureau of Standard, Metrology, and Inspection (BSMI) announced on Friday that, over the past six years, it has issued a total of 1.06 million renewable energy ce
February 21, 2022Singapore announces 500% rise in carbon tax from 2024
Singapore will raise its carbon tax by 500% to SG$25 per tonne in 2024, said Lawrence Wong, the city-state’s finance minister, as the government strives to achieve its net zero goal by 2050.
February 18, 2022CEBA announces 10 largest U.S. corporate buyers of renewable energy in 2021
The Sustainable Energy Buyers Association (CEBA) released its annual Deal Tracker Top 10 list on Wednesday, highlighting the top ten U.S. clean energy buyers in 2021. For the second year in a row, Amazon tops the list with 2.85 GW of announced projects.
February 18, 2022Google Cloud launches tool to help firms reduce carbon footprint
Google Cloud, after analyzing collected data from its whole customer base in 2021, has recently announced that it has broadened scope of Active Assist to assist its clients in reducing their carbon footprint.
February 18, 2022Australian carbon price drops as investors liquidating credits
After more than six months of rapid increase, the price of Australian Carbon Credit Units (ACCUs) has decreased in the last two weeks. ACCUs were trading at around AU$51/tonne of carbon dioxide equivalent this week, down from over AU$57/tonne at the start
February 17, 2022US wind PPA prices rise amid supply chain and inflation concerns
US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said
February 17, 2022Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.
February 16, 2022US telecom giant AT&T inks 155 MW solar power deal with Vitol
US telecom giant AT&T announced on Tuesday that the company has struck a power purchase agreement (PPA) with energy trading company Vitol for 155 MW of solar electricity. The off-take deals involve 80 MW of solar energy from the Bluegrass PV plant in Quee
February 16, 2022EU economic recovery drives up greenhouse gas emissions in third quarter
As economies recovered from the coronavirus crisis, greenhouse gas emissions increased across the European Union in the third quarter of 2021, according to the report released by Eurostat on Tuesday.