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April 21, 2023

European Parliament approves EU’s biggest climate policy

The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.
April 20, 2023

UK government looks to reform CfD scheme to improve energy security

The UK government is seeking views on a major reform to the flagship renewables contracts for difference (CfD) scheme that could help drive further investment in renewable energy deployment and improve energy security.
April 19, 2023

Finnish startup turns CO2 into carbon-negative concrete blocks that can trap emissions

Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb
April 13, 2023

European aviation warns of €‎800bn bill to reach net zero

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.
April 10, 2023

India plans to add 250 GW of renewable capacity in five years

India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.
March 28, 2023

China to launch rural pilot scheme for renewables

China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 27, 2023

New Zealand's carbon allowance unit prices plunge to 18-month low

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 22, 2023

South Korea lowers 2030 industrial emissions reduction targets

South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
March 22, 2023

Netherlands plans to build 500 MW offshore green hydrogen project in North Sea

The Dutch government has unveiled its plans to construct a large-scale hydrogen production facility to covert wind power into hydrogen in the North Sea.
March 20, 2023

EU unveils Net-Zero Industry Act in response to IRA

The European Union has introduced a range of fresh initiatives to foster green technology and secure raw materials, in an effort to maintain its competitive edge against the U.S. and China amid growing global protectionism.

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