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July 11, 2022

Biggest-ever UK renewables auction offers record-low price offshore wind contracts

UK’s biggest-ever renewables auction was held on July 7 and awarded record capacity of almost 11GW of clean energy, nearly double the capacity achieved in the previous round.
July 08, 2022

Shanghai eyes personal carbon account to encourage low-carbon consumption

Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
July 08, 2022

Green energies provide 49% of power used in Germany in first half of 2022

Renewable energy accounted for 49% of German gross domestic electricity consumption in the first half of 2022, up 6% compared with the data last year.
July 06, 2022

Dutch government limits Schiphol airport flights to reduce pollution

The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.
July 05, 2022

Foxconn pushes supply chain to switch to 100% renewables

Foxconn has pledged to reach net zero carbon emissions for its operations in Taiwan by 2030, and to support more than 100 major suppliers in switching to 100% renewable energy by 2050, according to the electronics giant’s 2021 CSR report.
July 05, 2022

Australian direct air carbon capture tech company secures US$700,000 deal

An Australian prototype carbon capture and storage machine has secured a US$700,000 contract and this deal is thought to be the first time an Australian company has obtained a deal to remove CO2 using direct air capture (DAC) technology.
July 04, 2022

Dubai to source 14% of energy from renewables by end of year

Dubai, economic and financial hub of the United Arab Emirates, plans to increase the share of renewables in its energy mix to 14% by the end of 2022 as part of the country’s attempts to meet its environmental targets.
July 04, 2022

Australia to review carbon credit scheme after ‘fraud’ allegations

Australia’s new Labor government has appointed a climate scientist to conduct a six-month review of the country’s carbon credit scheme, following concerns that certain projects receiving credits are not actually reducing carbon emissions.
July 01, 2022

Mexico’s appetite for I-RECs grows rapidly amid policy uncertainty

International renewable energy certificates (I-RECs) issued in Mexico have seen a significant increase in demand this year, as foreign corporations attempt to decrease their carbon footprints and policy uncertainty drives generators to seek additional rev
July 01, 2022

Gabon to issue world’s largest volume of carbon credits

Gabon, a country located on the west coast of Africa, is planning the world’s biggest carbon credits issuance ever, involving 187 million carbon credits with almost half of them to be sold on the offsets market.

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