News
Global
February 04, 2023
Taiwan expects to add 2 GW solar, wind capacity in 2023
According to the Ministry of Economic Affairs (MOEA), Bureau of Energy, six utility-scale solar projects are planned to be completed this year, and four offshore wind farms will be connected to the power grid, adding a total capacity of 2 GW, or the equiv
February 04, 2023
McDonald’s strategy to power its logistics supply chain with renewables
In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.
February 02, 2023
Taiwan passes climate law amendments to achieve net zero by 2025
Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
February 02, 2023
Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
January 19, 2023
China building world’s biggest offshore wind farm as renewable energy growth gains momentum
China is building the world’s largest commercial floating offshore wind farm off the coast of Hainan, showing sign of growing momentum of renewable energy.
January 11, 2023
France pushes forward with law to accelerate renewables
French MPs on Tuesday moved ahead with a law to speed up the deployment of renewable energy, as the country’s nuclear plants were hit by maintenance and corrosion problems and Russia’s invasion of Ukraine caused energy costs to surge.
January 10, 2023
Chubb review recommends changes to Australian carbon credits scheme
A review of Australia’s controversial carbon credit system has recommended significant changes to how it is managed, but rejected claims that the scheme lacks integrity and is not delivering real cuts in greenhouse gas emissions.
January 06, 2023
Australian forests could become net carbon emitters in coming decades, report finds
Forests in New South Wales are continuing to be cleared to a point that some could become net carbon emitters in coming decades, according to a report released in December by the New South Wales’ Natural Resource Commission.
January 05, 2023
UK enjoys record-breaking 2022 for renewables
A record-breaking level of green energy was generated in the UK in 2022, according to new analysis from Imperial College London for Drax Electric Insights.
January 04, 2023
Germany earns record 13 billion euros from carbon pricing
Europe’s carbon market and national scheme for heating and transport brought Germany a record 13.2 billion euros in 2022, the Federal Environment Agency (UBA) said on Tuesday.