News

Britain’s biggest drugmaker AstraZeneca announced on June 28 that it would invest $400 million to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in accordance with the Paris Agreement.

Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030.

Japan Organization for Metals and Energy Security (JOGMEC) said on June 13 that it has chosen seven candidate projects which capture CO2 and store it underground to offer support for commercialization to build up Japan's decarbonization push.

The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.

Germany launches a program that will make tens of billions of euros available for firms facing considerable energy costs, with an aim to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.

China has taken a major step forward in delivering carbon neutrality after launching projects to capture carbon. The projects located on land and at sea will help the country reduce the release of nearly two million tonnes of carbon dioxide into the atmos

Taiwan’s Environmental Protection Administration (EPA) cautioned local businesses against "greenwashing," which falsely present businesses as environmentally friendly while neglecting negative effects such as greenhouse gas emissions.

California is urging the Biden administration to approve its plan to mandate all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, according to a letter seen by Reuters.

The Group of Seven (G7) countries call on the need to ensure energy security through actions including natural gas investments, calling it a "temporary" step as they accelerate the phase-out of our dependency on Russian energy.

California's Air Resources Board has recently approved a mandate to shift big rigs and other trucks to zero emissions in a bid to transform the state's economy and end diesel's long-standing dominance in goods movement.