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May 07, 2024
Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI
Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
May 06, 2024
EU targets greenwashing in aviation industry amid growing environmental concerns
The European Union continues its relentless campaign against corporate greenwashing, with its latest move aimed at the major carbon emitter aviation industry.
May 06, 2024
Researchers create device to consume CO2 to generate electricity
Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.
May 03, 2024
EU parliament approves law to ban certain single-use plastic packaging
As part of the EU’s effort to curb the increasing waste from packaging, the European Parliament has approved a law that will ban certain single-use plastic packaging.
May 02, 2024
U.S. considers anti-dumping probe into Southeast Asian solar cells
Seven global solar manufacturers accuse Vietnam, Thailand, Malaysia, and Cambodia of dumping solar panels and batteries on the United States market and call for imposing import tariffs, while directly implicating Chinese companies behind the scenes.
April 30, 2024
Seven countries now produce nearly all of electricity from renewables
According to recently compiled data, seven countries now generate almost all of their electricity from renewable energy.
April 29, 2024
IEA says drop in storage battery costs will boost transition to renewables
The International Energy Agency (IEA) predicts that a significant decline in battery costs for energy storage over the next few years will accelerate the transition from fossil fuels to renewable energy, as reported on Apr. 25.
April 26, 2024
China's carbon price hit 100 yuan for first time as regulations tighten
China's carbon price has surpassed 100 yuan for the first time since the market's launch in mid-2021, as major polluters ramp up purchases ahead of the implementation of stricter standards.
April 25, 2024
EU offers $30 million for carbon removal project proposals
The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
April 24, 2024
Sam Altman ventures into renewable energy to tackle data center power demands
Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.