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EU carbon prices hit record high as drought strains energy supply
News

EU carbon prices hit record high as drought strains energy supply

EU carbon prices in the EU’s emissions trading system rose to an all-time high above 99 euros a tonne on Aug. 19, due to a cut to auction supply in August and a significant increase in demand.
August 22, 2022
Meyer Burger, DESRI sign up-to-5 GW module supply deal
News

Meyer Burger, DESRI sign up-to-5 GW module supply deal

Swiss solar panel manufacturer Meyer Burger has signed a contract with D.E. Shaw Renewable Investments (DESRI) to supply up to 5 GW modules for the developer’s large-scale solar projects in the U.S.
August 19, 2022
Meet the world’s first carbon negative country – Bhutan
News

Meet the world’s first carbon negative country – Bhutan

Bhutan is not only the happiest country, but also the first carbon negative country in the world. With 70% of the nation’s land covered by forest, Bhutan is able to absorb more carbon dioxide than it emits.
August 18, 2022
India speeds up on green energy transition
News

India speeds up on green energy transition

India has increased its investments in renewable energy in recent years. Traditional energy sources that rely on hydrocarbon resources are being replaced with green energy including solar, wind, and hydrogen. The impact may be slow, but a huge disruption
August 17, 2022
EU greenhouse gas emissions move upward to pre-Covid levels
News

EU greenhouse gas emissions move upward to pre-Covid levels

Greenhouse gas emissions in the European Union in the first quarter has increased since 2020, but they remain below pre-Covid levels, according to data released by Eurostat.
August 17, 2022
Malaysian stock exchange to launch voluntary carbon market
News

Malaysian stock exchange to launch voluntary carbon market

Bursa Malaysia will launch a voluntary carbon market (VCM) by the end of 2022. This will help increase transparency and enable companies to purchase carbon credits to offset their emissions.
August 16, 2022
Ford, DTE Energy signs PPA for 650 MW solar
News

Ford, DTE Energy signs PPA for 650 MW solar

Ford Motor Company and utility DTE Energy have inked a power purchase agreement to offtake 650 MW of solar capacity in Michigan.
August 15, 2022
Small-scale landowners can benefit from forest carbon offset
News

Small-scale landowners can benefit from forest carbon offset

Small privately or family-owned forest land accounts for the largest share of the U.S. forestland, at 39%. Yet, the majority of these land have difficulty participating in the carbon offset marke
August 14, 2022
Apple to purchase electricity from 600 MW Australian wind farm
News

Apple to purchase electricity from 600 MW Australian wind farm

Apple has agreed to buy zero-emission electricity from a new 600 MW wind farm to be constructed in north Queensland, Australia as part of its strategies to become "100% carbon neutral" by 2030.
August 12, 2022
India legislators approve energy conservation bill
News

India legislators approve energy conservation bill

The lower house of India’s parliament on August 9 passed a bill to increase the use of renewable energy and make industrial polluters pay a price for the carbon they emit, marking another step toward its climate goals.
August 11, 2022
Australian climate advisers recommend establishment of national carbon market
News

Australian climate advisers recommend establishment of national carbon market

Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.
August 11, 2022
US Senate passes bill with $369 billion in energy, climate spending
News

US Senate passes bill with $369 billion in energy, climate spending

Senate Democrats on Sunday delivered President Joe Biden a major victory in the fight against climate change, passing a bill that will direct hundreds of billions of dollars into clean energy sources and accelerate the United States' move away from fossi
August 10, 2022
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