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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 13, 2024

Eurostar pledges to achieve 100% renewable energy usage by 2030

The high-speed train service "Eurostar," spanning five European countries, has recently released its first sustainability report.
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
May 06, 2024

EU targets greenwashing in aviation industry amid growing environmental concerns

The European Union continues its relentless campaign against corporate greenwashing, with its latest move aimed at the major carbon emitter aviation industry.
May 06, 2024

Researchers create device to consume CO2 to generate electricity

Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.
May 03, 2024

EU parliament approves law to ban certain single-use plastic packaging

As part of the EU’s effort to curb the increasing waste from packaging, the European Parliament has approved a law that will ban certain single-use plastic packaging.
May 02, 2024

U.S. considers anti-dumping probe into Southeast Asian solar cells

Seven global solar manufacturers accuse Vietnam, Thailand, Malaysia, and Cambodia of dumping solar panels and batteries on the United States market and call for imposing import tariffs, while directly implicating Chinese companies behind the scenes.

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