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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.
June 30, 2022

Korea saw 3.5% increase in GHG emissions as economy rebound in 2021

Korea’s total greenhouse gas (GHG) emissions climbed 3.5% year on year in 2021 to 679.6 million tonnes, the country’s Ministry of Environment said on Tuesday.
June 30, 2022

Google Cloud to show users their carbon footprint in Gmail, Docs

Google Cloud has expanded its suite of tools to reveal the carbon footprint for its Workspace apps, which include Gmail and Docs, aiming to help its customers assess their environmental impact.
June 29, 2022

India lacks penalty enforcement to stimulate voluntary REC purchases

Despite a major legislative push for renewable energy, voluntary purchasers of renewable energy certificates (REC) are still insignificant in India, consulting firm Intellecap said in its report.
June 28, 2022

UK government handed airlines with 4.4 million free carbon allowances

In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir
June 28, 2022

Australia’s GHG emissions climbed in 2021 amid pandemic recovery

Australia’s greenhouse gas emissions increased by roughly 1% in 2021, as driving and travel increased and manufacturing activity rebounded in the aftermath of COVID-19 pandemic, the government announced on Monday.

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