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Global
April 13, 2022
Science Based Targets initiative develops net-zero standard for financial institutions
The Science Based Targets initiative (SBTi), a global organization that helps businesses set emissions reduction goals based on climate science, is developing a standard for financial institutions to set net-zero goals.
April 12, 2022
Sweden set to be first country to account for consumption-based emissions
To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country
April 11, 2022
IPCC cites cryptocurrency as factor of ‘future climate risks’
The Intergovernmental Panel on Climate Change (IPCC), a United Nations entity tasked with analyzing climate change science, has published a new report last week in which it cited cryptocurrency as one of the technologies that might require more energy and
April 11, 2022
Atmospheric methane saw record surge in 2021, US NOAA says
The National Oceanic and Atmospheric Administration (NOAA) said on Thursday that atmospheric methane continued rising in 2021, setting another new record for the second year in a row.
April 08, 2022
Canada proposes tax credit to encourage carbon capture investment
Canadian Prime Minister Justin Trudeau announced on Thursday the introduction of one of the country’s largest single industrial tax incentives to fund carbon capture projects, as part of his government’s effort to meet the climate objectives by offsetting
April 07, 2022
Germany introduces new package to beef up renewable energy
The German government revealed on Wednesday a new energy package aimed at accelerating and promoting renewable energy development. The proposal, entitled “Easter package,” highlights that the use of renewable energies is in the public interest and serves
April 07, 2022
New South Wales outlines standards for new renewable energy zone access scheme
The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an
March 31, 2022
US proposes first carbon standard for concrete to cut building sector emissions
The United States General Services Administration (GSA) proposed new limits on high-carbon-emitting building materials for all of its major projects. The decision is expected to have a significant impact on billions of dollars in federal infrastructure in
March 30, 2022
Abu Dhabi to launch world's first regulated carbon trading exchange
Abu Dhabi Global Market announced on Tuesday the partnership with AirCarbon Exchange (ACX), a Singapore-based commodities exchange, which will allow ADGM to establish in Abu Dhabi the world’s first fully regulated carbon trading exchange and carbon cleari
March 25, 2022
Andrah proposes new RPO targets to ramp up renewable push
Andhra Pradesh Electricity Regulatory Commission (APERC) has recently drafted APERC Renewable Power Purchase Obligation Regulations, 2022, which details the obligation to purchase renewable energy and the compliance by purchasing renewable power or renewa
