News

China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.

The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.

South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.

The Dutch government has unveiled its plans to construct a large-scale hydrogen production facility to covert wind power into hydrogen in the North Sea.

The European Union has introduced a range of fresh initiatives to foster green technology and secure raw materials, in an effort to maintain its competitive edge against the U.S. and China amid growing global protectionism.

Shortages of grid connections is a significant obstacle that must be addressed as South Africa endeavors to increase its power generation capacity to put an end to its unprecedented blackouts, according to the head of an office that procures power from pr

Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.

China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping shift the world's largest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group Inc.

The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.