News

China’s national emissions trading scheme (ETS), the world’s largest carbon market covering a seventh of emissions globally, hit 10 billion yuan (US$1.4 billion) in total transactions on Thursday.

The Australian Government is seeking views from stakeholders on a clean energy Guarantee of Origin (GO) scheme to foster the global and domestic markets needed to transform Australia into a renewable energy superpower.

The New Zealand government raised the country's 2023 Emissions Trading Scheme (ETS) carbon allowance price and volume settings on December 15 to levels significantly below those advised by its national climate body.

Taiwanese companies are struggling to source renewable energy domestically due to shortfalls in supply and access to the grid, which may hinder its efforts to achieve its 2025 renewable energy goals, the global initiative RE100 said in a report.

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.

US renewable energy sources provided almost 23% of the nation's electrical
generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.

The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to

Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.