News

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.

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.

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.

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.

Shortages of grid connections is a significant obstacle that must be addressed as South Africa endeavors to increase its power generation capacity to put an end to its unprecedented blackouts, according to the head of an office that procures power from pr

Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.

China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping shift the world's largest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group Inc.

The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.

China’s buildings and rooftops have potential to host more than 1,000 GW of solar power capacity — almost the same size as the entire existing global industry, according to the sector’s largest manufacturer.

New solar installations in the U.S. dropped 16% to 20.2 GW in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.