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April 13, 2023
European aviation warns of €800bn bill to reach net zero
The European aviation industry faces more than 800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.
April 12, 2023‘Entering the clean power era’: Global wind, solar reached record levels in 2022
Wind and solar reached a record 12% of global electricity generation in 2022, up from 10% in 2021, according to the latest Global Electricity Review released Wednesday by energy think tank Ember.
April 11, 2023H&M, LanzaTech launch carbon clothing collection
Swedish fashion brand H&M has partnered with carbon capture company LanzaTech to create garments made from captured emissions and combining them with the brand’s own DryMove technology—a trademarked material that is designed to pull away moisture from the
April 10, 2023India plans to add 250 GW of renewable capacity in five years
India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.
April 07, 2023Large corporations fund their own carbon credit projects
A number of big companies decided to create in-house carbon credits despite criticisms against offsets.
April 06, 2023Apple expand renewable energy to 13.7 GW with supply chain partners
Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.
March 31, 2023Global initiative outlines criteria for voluntary carbon market
The Integrity Council for the Voluntary Carbon Market (ICVCM), an independent governance body for the voluntary carbon market, outlined standards on March 30 that it hopes will bring transparency to the $2 billion market, which has struggled for credibili
March 30, 2023Iberdrola, Amazon to co-develop large-scale wind, solar power
Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
March 29, 2023Carbon allowance sales up 9% to $63 billion
A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 28, 2023China to launch rural pilot scheme for renewables
China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.