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Global
June 08, 2022
Korean companies struggle to join RE100 in market short of clean energy
Korea’s major companies appear to have difficulty committing themselves to 100% renewable energy, owing to a lack of solar, wind, and other cleaner energy options, the country’s industry officials said last week.
June 08, 2022
Austria mulls deferring carbon tax as inflation concerns grip market
Due to rising energy prices and public criticism, the Austrian government is considering delaying the implementation of carbon tax until October, reported Euractiv.
June 06, 2022
China to source one third of electricity from renewables in 2025
China’s National Development and Reform Commission (NDRC) unveiled a new road map last Wednesday stating that the government plans to double wind and solar capacity by 2025 while granting licenses for more coal-fired power plants to bolster energy securit
June 06, 2022
Atmospheric carbon levels peak at level not seen for 4 million years
Carbon dioxide in the atmosphere peaked more than 50% higher than pre-industrial levels in May, comparable to levels observed around 4 million years ago, according to the National Oceanic and Atmospheric Administration (NOAA).
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