News

China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.

Australia’s renewable energy output hit record level, helping extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.

Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).

Demand for Brazilian international renewable energy certificates (I-RECs) rose to 13.96 TWh in the first quarter from 8.5 TWh a year earlier, making Brazil the largest global market.

The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.

The UK government is seeking views on a major reform to the flagship renewables contracts for difference (CfD) scheme that could help drive further investment in renewable energy deployment and improve energy security.

Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.

India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.