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Regulation
August 11, 2022
India legislators approve energy conservation bill
The lower house of India’s parliament on August 9 passed a bill to increase the use of renewable energy and make industrial polluters pay a price for the carbon they emit, marking another step toward its climate goals.
July 14, 2022
Temasek raises internal carbon price to US$50, aiming US$100 by 2030
In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 11, 2022
German lawmakers back largest renewable expansion reforms in history
The German Bundestag, lower house of the parliament, approved on Thursday a legislative package to speed up the expansion of renewable energy. The bill aims to increase the renewable share to at least 80% by 2030, up from its previous objective of 65%.
July 08, 2022
Shanghai eyes personal carbon account to encourage low-carbon consumption
Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
July 06, 2022
Dutch government limits Schiphol airport flights to reduce pollution
The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.
July 04, 2022
Australia to review carbon credit scheme after ‘fraud’ allegations
Australia’s new Labor government has appointed a climate scientist to conduct a six-month review of the country’s carbon credit scheme, following concerns that certain projects receiving credits are not actually reducing carbon emissions.
June 27, 2022
Denmark to cut electricity tax to ease energy burdens
In an attempt to compensate citizens for growing energy prices, Denmark will temporarily lower electricity taxes in the fourth quarter of this year, according to a cross-party agreement posted on the Ministry of Finance’s website.
June 21, 2022
US energy regulator unveils new plan to speed up grid-connection for renewables
The US Federal Energy Regulatory Commission (FERC) last week issued a proposed rule to accelerate the connecting of new renewable energy generators to the grid and alleviate the enormous backlog in interconnection queues.
June 15, 2022
UN campaign ‘Race to Zero’ toughens up membership criteria
United Nations-backed campaign ‘Race to Zero’ on Wednesday unveiled a tighter set of baseline criteria for the growing number of firms pledging to reducing greenhouse gas emissions.
June 13, 2022
European lawmakers reject EU ETS reform but vote to ban diesel cars
Members of the European Parliament (EP) last week rejected proposals to include marine and road transport in the EU Emissions Trading Scheme (ETS). On the other hand, a proposal to expand its carbon market to all departing flights was approved.