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Voluntary carbon market worth $2 billion now
News

Voluntary carbon market worth $2 billion now

The voluntary carbon market (VCM) now has a real worth of $2 billion, with prices of up to 170 forms of carbon credits on the rise, according to a recent Ecosystem Marketplace (EM) report.
August 09, 2022
Petronas signs MoU with South Korea businesses to develop CCUS
News

Petronas signs MoU with South Korea businesses to develop CCUS

Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s
August 05, 2022
Neoen inks 10-year PPA with Flow Power for South Australian wind farm
News

Neoen inks 10-year PPA with Flow Power for South Australian wind farm

French renewable energy producer Neoen has signed a 10-year power purchase agreement (PPA) with Australian electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia.
August 05, 2022
Kenya to replace feed-in-tariffs with auction-based system
News

Kenya to replace feed-in-tariffs with auction-based system

Government officials of Kenya announced at the Renpower Kenya clean energy event in Nairobi that incentive programs will change in 2022, with mature technologies no longer receiving fixed payments.
August 04, 2022
American BioCarbon’s biochar is now certified carbon removal tool
News

American BioCarbon’s biochar is now certified carbon removal tool

American BioCarbon, a manufacturer of bio-energy products made from sugarcane bagasse, has have its biochar successfully verified by Puro.earth as a carbon removal tool.
August 04, 2022
Amazon’s carbon emissions increase 18% last year driven by pandemic shopping
News

Amazon’s carbon emissions increase 18% last year driven by pandemic shopping

Amazon emitted 71.54 million tonnes of carbon emissions in 2021, up 18% from 2020 and a jump of 40% from 2019, according to its sustainability report issued Monday.
August 03, 2022
SK E&S secures South Korea’s largest renewables PPA
News

SK E&S secures South Korea’s largest renewables PPA

SK Specialty, a subsidiary of Korean conglomerate SK Materials, has signed a 20-year power purchase agreement (PPA) with South Korean natural liquefied gas (LNG) supplier and renewable energy company SK E&S, a unit of SK Materials.
August 03, 2022
Taylor Swift, Drake, the Kardashians criticized for the biggest private jet emitter
News

Taylor Swift, Drake, the Kardashians criticized for the biggest private jet emitter

Marketing and analytics agency Yard recently published a list naming the celebs with the worst private jet carbon emissions based on the purported use of their privately owned jet planes since the start of the year by examining flight tracking maps.
August 02, 2022
Vietnam says AES plans to develop $13 billion offshore wind project
News

Vietnam says AES plans to develop $13 billion offshore wind project

Vietnam announced on July 31 that US energy company AES Corp plans to develop a major offshore wind farm in Vietnam that could potentially increase the nation's wind power capacity.
August 02, 2022
Cambodia earns $11.6 million from selling carbon credits
News

Cambodia earns $11.6 million from selling carbon credits

Cambodia has earned $11.6 million from 2016 to 2020 by selling carbon credits in the global voluntary carbon market.
August 01, 2022
India energy giant partners Greenko to develop 1.3 GW green hydrogen project
News

India energy giant partners Greenko to develop 1.3 GW green hydrogen project

India’s state-owned fossil fuel corporation Oil & Natural Gas Corporation (ONGC) and Greenko, one of the biggest renewable energy developers in the world, have formed a strategic cooperation to develop a 1.3 GW green hydrogen project powered by 24/7 renew
August 01, 2022
Canadian city of New Westminster earns $26 million from selling low-carbon credits
News

Canadian city of New Westminster earns $26 million from selling low-carbon credits

The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).
July 29, 2022
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