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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.

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).

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.”

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

Wind, utility solar, and battery storage power capacity in the United Stated surpassed 200 GW in 2021, following the commissioning of 28.5 GW of clean energy projects, according to the Clean Power Annual Market Report 2021 released by American Clean Power

Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept

As more mills switch to less-polluting electric arc furnaces (EAF), carbon dioxide emissions from the world’s steel sector are expected to drop 30% by 2050 compared to last year, according to a study released on Tuesday by consultancy Wood Mackenzie.

Australia’s Department of Industry, Science, Energy and Resources has developed the Guarantee of Origin (GO) scheme to verify hydrogen production emissions. The scheme has entered into its first trial phase, with 19 trial participants having signed up to

German carmaker BMW plans to run its new factory in Debrecen, Hungary, fully on renewable electricity, completely dispensing with fossil fuel, the company’ chief executive Oliver Zipse said on the Annual General Meeting on Wednesday.

The two parties of the US Congress are currently discussing a potential bipartisan energy and climate bill, including the possibility of imposing a levy on carbon-intensive products entering the country, according to local media.