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May 26, 2022

US government may require suppliers to disclose GHG emissions

In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source
May 24, 2022

Brazil announces carbon credits market but lacks details

Brazil President Jair Bolsonaro signed a decree on Monday to establish a national carbon market to cut greenhouse gas emissions, stating that “Brazil emerges as a powerhouse in this still new green economy sector.”
May 19, 2022

Japan to pilot first carbon trading market in September

Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept
May 16, 2022

US lawmakers mull import fee for carbon-intensive products

The two parties of the US Congress are currently discussing a potential bipartisan energy and climate bill, including the possibility of imposing a levy on carbon-intensive products entering the country, according to local media.
May 13, 2022

India rolls out renewable energy certificate multiplier to boost new technologies

India’s Central Electricity Regulatory Commission (CERC) released on Monday a new notification, introducing the idea of multiplier for renewable energy certificates (RECs) for new projects depending on the tariff range of various renewable technologies, w
May 11, 2022

Karnataka proposes solar RPO target of 11.5% for DISCOMS

The Karnataka Electricity Regulatory Commission (KERC) issued amendment to Karnataka Electricity Regulatory Commission (Procurement of Energy from Renewable Sources) Regulations, 2022, establishing the Renewable Purchase Obligation (RPO) target for fiscal
May 09, 2022

China’s farmers can now earn money with ‘carbon tickets’

China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.
May 05, 2022

Japan submits to IMO ‘most ambitious’ carbon tax plan

The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its
May 04, 2022

India orders mandatory bundling of renewables with coal-based plants

The Indian government plans to make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones, to reduce the country’s coal demand and make electricity prices cheaper or more a
April 27, 2022

India plans to launch its own carbon trading market to finance energy transition

India, one of the world’s largest exporters of carbon credits, plans to launch its own uniform carbon market in a year as a major source of funding for energy transition and emission reduction projects.

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