News
Global
May 10, 2022
Renewable energy certificate market to reach $103 billion by 2030
The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese
May 09, 2022
China’s farmers can now earn money with ‘carbon tickets’
China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.
May 05, 2022
Denmark pushes forward ‘energy islands’ to cut reliance on Russia
Denmark, a world pioneer in the offshore wind power, plans to expand its renewable energy portfolio with the world’s first “energy islands.”
May 05, 2022
Japan submits to IMO ‘most ambitious’ carbon tax plan
The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its
May 04, 2022
India orders mandatory bundling of renewables with coal-based plants
The Indian government plans to make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones, to reduce the country’s coal demand and make electricity prices cheaper or more a
April 27, 2022
India plans to launch its own carbon trading market to finance energy transition
India, one of the world’s largest exporters of carbon credits, plans to launch its own uniform carbon market in a year as a major source of funding for energy transition and emission reduction projects.
April 26, 2022
UK carbon market covered 107 million tonnes of carbon dioxide in 2021
Carbon dioxide emissions covered by the UK’s emissions trading scheme (ETS) in the first year of operation in 2021 were 107.8 million tonnes, according to the UK ETS Authority.
April 25, 2022
US government eyes 29 GW renewable energy expansion on public lands by 2025
The US Bureau of Land Management (BLM) has announced that it aims to approve the construction of 39 utility-scale solar projects totaling more than 29 GW of plant capacity on federal public lands in six western states through third quarter of 2025.
April 22, 2022
Portugal simplifies permission process for renewable energy projects
The Portuguese government has promulgated a new decree on Monday, adopting exceptional measures to simplify permission procedure for renewable energy projects. The new rules are immediately effective for a period of two years.
April 22, 2022
Denmark proposes standard carbon tax for businesses
The government of Denmark unveiled on Wednesday a standard carbon tax for businesses as a method to meet the country’s climate goal.