News
News
February 20, 2023
EU countries set to agree push on fossil fuel phase-out
European Union countries are ready to approve a diplomatic statement on Monday calling for a global phase-out of fossil fuels, as they prepare for this year’s COP28, a draft document revealed.
February 16, 2023
Denmark grants first CO2 storage licences for North Sea projects
The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.
December 30, 2022
Taiwan sets new emissions reduction goal for 2030
Taiwan aims to reduce carbon emissions by 23-25% by 2030 compared with 2005 levels in pursuit of achieving net-zero carbon emissions by 2050, the National Development Council said Wednesday at a press conference.
November 10, 2022
France launches decarbonization strategy to slash maritime sector's carbon footprint
France has unveiled a plan aimed at reducing the carbon footprint of the shipping industry over the next seven years. Boosted by funding of 300 million euros, the industry is looking towards a greener future with the objective of building a zero emission
October 31, 2022
Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 26, 2022
Google expands eco-friendly directions into Europe
Google Maps is expanding its “eco-friendly” route to users in 40 countries across Europe.
October 07, 2022
BNEF: Renewables investment must quadruple by 2030
To reach net-zero emissions by 2050 and limit global warming to 1.5C temperature, investment in renewable energy sources needs to exceed finance flows to fossil fuels by a factor of four over the next decade, according to a report published by BloombergNE
September 15, 2022
First climate lawsuit demanding Russian government stronger emissions targets
Activists filed Russia’s first-ever lawsuit in the Supreme Court on Sep.13, demanding the government take stronger actions on emissions reduction to meet its obligations under the 2015 Paris Agreement.
July 14, 2022
MEPs backs tougher renewables targets
Members of the European Parliament voted on July 13 to increase the share of renewable energy in the EU's total energy mix from 40% to 45% by 2030, under the revision of the Renewable Energy Directive (RED) that is also supported by the European Commissio
July 08, 2022
Shanghai eyes personal carbon account to encourage low-carbon consumption
Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
