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Global
June 06, 2022
UK, Denmark on track to meet climate pledge while Southeast Asia lags
Denmark and the United Kingdom are among “a handful of countries” on track to achieve net-zero emissions by 2050, while South Asian and Southeast Asian countries like Bangladesh, Vietnam, Myanmar, and India lag, according to the Environmental Performance
May 30, 2022
Japan creates world’s fastest system to remove carbon dioxide from air
Tokyo Metropolitan University researchers have developed a new way to capture carbon emissions. The technology, using isophorone diamine (IPDA) in a “liquid-solid phase separation” system, can remove carbon dioxide from the atmosphere with 99% efficiency.
May 30, 2022
G7 nations to end carbon emissions from power sector by 2035
The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.
May 27, 2022
Verra halts tokenization of carbon credits to avoid double counting
Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 26, 2022
Gujarat to launch India’s first carbon trading market
In keeping with India’s decarbonization commitment, the Gujarat government inked a Memorandum of Understanding (MoU) on Monday to establish the country’s first carbon market.
May 26, 2022
US government may require suppliers to disclose GHG emissions
In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source
May 25, 2022
Brazil sees surging demand for I-RECs as firms vowing net zero
As more Brazilian companies seek to minimize their carbon footprint, the country has seen a considerable increase in demand for international renewable energy certificates (I-RECs) this year, according to Argus media.
May 25, 2022
Latin America’s renewable market rebounds with Brazil leading way
As energy markets recovered from the slump caused by the pandemic, Latin America’s wind and solar energy additions increased by 50% in 2021, according to a new report released by Bloomberg New Energy Finance (BNEF).
May 24, 2022
Brazil announces carbon credits market but lacks details
Brazil President Jair Bolsonaro signed a decree on Monday to establish a national carbon market to cut greenhouse gas emissions, stating that “Brazil emerges as a powerhouse in this still new green economy sector.”
May 23, 2022
Spain green lights guarantee of origin scheme for renewable gases
The Spanish government adopted a royal decree last week to establish the system of guarantee of origin for gases coming from renewable sources, such as green hydrogen, biogas or biomethane, which will allow marketers and consumers to differentiate themsel