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Google-backed carbon footprint tracker may be game-changer for small businesses
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Google-backed carbon footprint tracker may be game-changer for small businesses

As businesses around the world struggle to figure out how to manage their environmental footprints, Normative, a Swedish start-up backed by Google, has released a free version of its carbon emissions tracker.
March 18, 2022
Hemp rebar could be eco-friendly alternative to easily corroded steel
News

Hemp rebar could be eco-friendly alternative to easily corroded steel

Researchers at Rensselaer Polytechnic Institute (RPI) in the United States have developed a hemp-based alternative to steel rebar. Researchers believe that the new option can avoid corrosion while reducing carbon emissions from construction, according to
March 17, 2022
US carbon markets remain robust while EU allowances prices fluctuate
News

US carbon markets remain robust while EU allowances prices fluctuate

European Union carbon allowances prices fluctuated during the last three weeks due to rising energy prices and political instability. U.S. carbon credits markets, on the other hand, have not yet been affected by the turbulence.
March 16, 2022
EGA teams up with three partners to decarbonize aluminum production
News

EGA teams up with three partners to decarbonize aluminum production

Emirates Global Aluminium (EGA) is partnering with the Abu Dhabi National Energy Company (Taqa), the Emirates Water and Electricity Company (Ewec), and Dubal Holding to expand solar generation capacity in the UAE and decarbonize aluminum production.
March 16, 2022
Microsoft’s internal carbon fee to raise 567% as Scope 3 emissions jump in 2021
News

Microsoft’s internal carbon fee to raise 567% as Scope 3 emissions jump in 2021

Microsoft released on Thursday the update of its sustainability commitment, pledging to become carbon negative, zero waste, water positive by 2030. It also raised inter-company penalties for business travel by 567%.
March 15, 2022
Mumbai becomes first South Asian city to set net-zero roadmap
News

Mumbai becomes first South Asian city to set net-zero roadmap

Mumbai, India's financial hub, has unveiled its first ever Climate Action Plan as part of India’s pledge to achieve carbon neutrality by 2070. Under the plan, the city aims to reach net zero carbon emissions by 2050, becoming the first Southeast Asian cit
March 14, 2022
Australian carbon prices plummeted after regulator’s surprise intervention
News

Australian carbon prices plummeted after regulator’s surprise intervention

Last Friday, Australia's Clean Energy Regulator announced new changes to the Emissions Reduction Fund, as well as a decision to share with carbon farmers and landholders the windfall profits generated from the change.
March 11, 2022
Global carbon emissions rebounded to record high in 2021 amid economic recovery
News

Global carbon emissions rebounded to record high in 2021 amid economic recovery

After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 10, 2022
Carbon credits market to worth trillions within two decades
News

Carbon credits market to worth trillions within two decades

As governments set up environment pledges, most enterprises around the world are required to attain net zero emissions by 2050. The carbon credit market thus has the potential to explode. The total amount of carbon credits traded last year was over US$1 b
March 09, 2022
SBTi shuts door on carbon target validation for fossil fuel firms and suppliers
News

SBTi shuts door on carbon target validation for fossil fuel firms and suppliers

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action, has made change to its criteria and will no longer accept pledges or validate targets from fossil fuel companies.
March 09, 2022
UK’s new low carbon cements can cut carbon emissions by 4m tonnes per year
News

UK’s new low carbon cements can cut carbon emissions by 4m tonnes per year

New low-carbon cements with up to 60% lower embodied CO2 emissions than Portland cement, the current market leader in the UK, have been created and tested thanks to Industrial Energy Efficiency Accelerator, a UK government-backed research program.
March 07, 2022
IFM, QIC strike PPA with Origin Energy to green Autralia’s critical infrastructure
News

IFM, QIC strike PPA with Origin Energy to green Autralia’s critical infrastructure

IFM Investors and Queensland Investment Corporation (QIC), two of Australia's largest infrastructure fund managers, have collaborated on a new renewable energy program to help reduce electricity costs and greenhouse gas emissions at key Australian airport
March 07, 2022
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