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May 23, 2024
How businesses drive data center decarbonization amid growing data volume
Leading telecom operator Chunghwa Telecom and uninterruptible power supply (UPS) system provider Eaton shared their solutions to carbon reduction through energy management at a forum titled "Green miracle for data centers" on May 22.
May 17, 2024
Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion
Tech giant Microsoft is demanding that its primary suppliers use 100% renewable energy by 2030. This move underscores the pressure stemming from the company's significant expansion of data centers, which has led to a surge in carbon emissions.
May 16, 2024
Three major impacts of the U.S. imposing a 100% tariff on Chinese EVs
The Biden administration announced a significant increase in tariffs on Chinese imports, particularly raising tariffs on EVs to 100%. However, analysts believe that the potential ripple effects may not necessarily be beneficial for the United States.
May 14, 2024
Record 30% of global electricity sourced from renewables, driven by China
According to the European energy think tank Ember, global renewable energy generation has surpassed 30% for the first time. Notably, over half of the new green energy added last year came from China.
May 13, 2024
Shell accused of selling 200 million of “phantom carbon credits”
Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 08, 2024
Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval
Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).
May 07, 2024
Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI
Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
April 30, 2024
Seven countries now produce nearly all of electricity from renewables
According to recently compiled data, seven countries now generate almost all of their electricity from renewable energy.
April 29, 2024
IEA says drop in storage battery costs will boost transition to renewables
The International Energy Agency (IEA) predicts that a significant decline in battery costs for energy storage over the next few years will accelerate the transition from fossil fuels to renewable energy, as reported on Apr. 25.
April 24, 2024
Sam Altman ventures into renewable energy to tackle data center power demands
Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.