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July 19, 2022

China’s carbon market trading hits 194m tonnes in one year, becoming world’s largest

The trading volume of China’s national carbon market hit 194 million tonnes, with a cumulative turnover of 8.49 billion yuan (US$1.26 billion), since its launch on July 16, 2021, the data released by Shanghai Environmental and Energy Exchange showed.
July 18, 2022

Microsoft, Climeworks sign 10-year carbon removal deal

Microsoft has signed a 10-year carbon removal deal with Swiss direct air-capture company Climeworks to remove 10,000 tonnes of carbon emissions from air.
July 15, 2022

Greece to issue 1 GW joint renewable power tender for solar, wind

The Regulatory Authority for Energy (RAE) of Greece is about to launch a new 1 GW joint renewables tender for PV and wind power on Sept. 5 with a target of securing 1 GW of solar capacity.
July 14, 2022

Temasek raises internal carbon price to US$50, aiming US$100 by 2030

In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 14, 2022

UK government invests £54M in carbon removal tech projects

The UK government has invested over 54 million pounds ($65 million) in 15 projects that develop carbon emissions removal technology.
July 13, 2022

Japan to aid India’s clean energy transition

Japan plans to support India in accelerating the switch to clean energy, expanding a program it started last year for Southeast Asian countries, said Economy, Trade and Industry Minister Koichi Hagiuda on July 13.
July 13, 2022

New Frontier Markets launches blockchain platform for carbon credits

New Frontier Markets (NFM), a technology company devoted to providing access to the new low-carbon economy, announced on July 12 its launch of a blockchain platform for voluntary carbon credits. The company expects that the platform to be broadly in use i
July 12, 2022

Fewer event staff helps Tokyo Olympics curb CO2 emissions

Carbon dioxide emissions at the 2020 Olympics Games in Tokyo were much lower than estimated as fewer personnel attended the event due to the COVID-19 outbreak, according to a new study.
July 12, 2022

China begins building world’s largest hydro-solar hybrid power station

According to CGTN, China has started to build Kela photovoltaic power station, which is a part of the biggest hydro-solar hybrid power station in the world. The facility is expected to have an installed capacity of 1 million kilowatts.
July 11, 2022

German lawmakers back largest renewable expansion reforms in history

The German Bundestag, lower house of the parliament, approved on Thursday a legislative package to speed up the expansion of renewable energy. The bill aims to increase the renewable share to at least 80% by 2030, up from its previous objective of 65%.

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