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April 22, 2022
Tesla earns US$679 million from sales of carbon credits in first quarter
Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.
April 19, 2022
New York approves two massive renewable projects to cut fossil fuel reliance
The New York Public Service Commission had approved on Thursday two renewable energy projects, which are expected to boost clean power in the state and put the state on track to meet its climate goal.
April 18, 2022
Foxconn to buy 70 million kWh of green energy in Taiwan by 2030
Foxconn, Taiwanese electronics manufacturing giant, has signed an agreement on Friday with Foxwell Power, a subsidiary of solar power supplier Shinfox Energy, to procure 2.36 million kWh of green electricity this year.
April 18, 2022
India invites initial bids for setting up renewable energy manufacturing zone
Indian Ministry of Power and Ministry of New and Renewable Energy have issued an expression of interest (EoI) to set up manufacturing zones for power and renewable energy sectors on a pilot basis.
April 15, 2022
Scientists use AI to speed up climate change mitigation
A group of scientists has developed a new AI-based technology that can help lock up greenhouse gases like carbon dioxide in porous rock formations faster and more precisely than ever before.
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