News

Queensland, one of Australia's biggest coal-producing states, announced on Sep. 28 an A$ 62 billion ($40 billion) clean energy plan to end its reliance on fossil fuels and convert its coal-fired power stations to renewable hubs by 2035.

Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.

The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.

The U.S. Office of the Comptroller of the Currency (OCC) has appointed Dr. Yue (Nina) Chen as its first chief climate risk officer to manage climate-related financial risks.

French independent power producer HDF Energy has announced that its green hydrogen power plant in Namibia, Africa’s first, will begin producing electricity in 2024.

Hawaii recently shut down its last coal-powered electricity plant, a step forward in the state’s effort to adopt more renewable energy sources and use less fossil fuels such as coal and oil.

The US city of Chicago plans to run more than 400 public buildings, including City Hall and two international airports with 100% renewable electricity.

In wake of record-breaking heat wave that has smothered California for days, Democratic Gov. Gavin Newsom said on Sept. 7 that “all of our models have been thrown out” when it comes to climate change.

Record high temperatures scorched cities across California’s Central Valley to outside of Los Angeles on September 4, with officials warning that the dangerous heat wave could last through the end of the week, threatening the state’s electrical grid.

India’s wind energy outlook looks bright, with an additional 23.7 GW of wind capacity expected within the next five years, according to the Wind Energy Market Outlook 2026 released by Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+).