News

Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.

Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.

EV's charging (also known as V2G, vehicle-to-grid) has the potential to contribute to the smoothing out of peaks and troughs in grid electricity demand, but many are wary, and the tech is currently expensive.

The acquisition methods for carbon credits are complex and varied. Now, a newer category, "Jurisdictional REDD+" (JREDD+), has emerged, potentially increasing market demand by six times and prices by up to fourfold compared to traditional REDD+.

With the 2024 Euros and Paris Olympics vowing to be greener, the focus shifts to the challenges of cutting emissions from major sporting events.

Japan plans to finalize the 7th Strategic Energy Plan by mid next year. RE100 seizes the opportunity and calls on the Japanese government to triple its renewable energy capacity up to 363 GW by 2035 from 121 GW in 2022.

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.

The U.S. think tank IEEFA's new report indicates that more than 800 coal-fired power plants in emerging markets could transition to renewable energy profitably, creating more investment opportunities for the decarbonization of the energy industry.

In early June, ten West African countries wrote to the Science Based Targets initiative (SBTi), urging that carbon offsets be included in corporate net zero standards, allowing companies to offset their emissions.

Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.