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March 21, 2022
Voluntary carbon market expected to grow 100 times as firms vowing net zero
The carbon credit market, which consists of the voluntary and regulatory markets, has the potential to boom as the world approaches its 2050 goal of net zero carbon emissions. “The demand for voluntary carbon credits is estimated to grow 15 times by 2030,
March 18, 2022A1 Bulgaria, Renalfa sign first sleeved PPA on Bulgarian market
Telecommunication service provider A1 Bulgaria has signed a long-term power purchase agreement (PPA) with Renalfa, a Bulgarian clean energy investment organization, for solar energy.
March 18, 2022Google-backed carbon footprint tracker may be game-changer for small businesses
As businesses around the world struggle to figure out how to manage their environmental footprints, Normative, a Swedish start-up backed by Google, has released a free version of its carbon emissions tracker.
March 18, 2022Kingspan introduces first internal carbon fee towards net zero manufacturing goal
Kingspan, an Ireland-based building materials company, recently published its annual sustainability report, according to which the company will implement its first internal carbon fee next year, at a price of 70 euros per tonne of carbon dioxide equivalen
March 17, 2022Canada opens consultations on Clean Electricity Standard to achieve net-zero grid
In hopes of developing Canada's Clean Electrical Standard (CES) and accelerate progress toward a net-zero electricity grid by 2035, Steven Guilbeault, Canadian Minister of Environment and Climate Change, launched consultations on Tuesday.
March 17, 2022Hemp rebar could be eco-friendly alternative to easily corroded steel
Researchers at Rensselaer Polytechnic Institute (RPI) in the United States have developed a hemp-based alternative to steel rebar. Researchers believe that the new option can avoid corrosion while reducing carbon emissions from construction, according to
March 16, 2022EGA teams up with three partners to decarbonize aluminum production
Emirates Global Aluminium (EGA) is partnering with the Abu Dhabi National Energy Company (Taqa), the Emirates Water and Electricity Company (Ewec), and Dubal Holding to expand solar generation capacity in the UAE and decarbonize aluminum production.
March 16, 2022US carbon markets remain robust while EU allowances prices fluctuate
European Union carbon allowances prices fluctuated during the last three weeks due to rising energy prices and political instability. U.S. carbon credits markets, on the other hand, have not yet been affected by the turbulence.
March 15, 2022UN inks largest P-REC agreement to light up displaced persons’ camp
With support from Energy Peace Partners (EPP), 3Degrees, a renewable energy consulting firm, and the International Organization for Migration (IOM), have inked the largest Peace Renewable Energy Credit (P-REC) agreement to date, which is also the first-ev
March 15, 2022Microsoft’s internal carbon fee to raise 567% as Scope 3 emissions jump in 2021
Microsoft released on Thursday the update of its sustainability commitment, pledging to become carbon negative, zero waste, water positive by 2030. It also raised inter-company penalties for business travel by 567%.