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Canada opens consultations on Clean Electricity Standard to achieve net-zero grid
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Canada opens consultations on Clean Electricity Standard to achieve net-zero grid

In hopes of developing Canada's Clean Electrical Standard (CES) and accelerate progress toward a net-zero electricity grid by 2035, Steven Guilbeault, Canadian Minister of Environment and Climate Change, launched consultations on Tuesday.
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
UN inks largest P-REC agreement to light up displaced persons’ camp
News

UN inks largest P-REC agreement to light up displaced persons’ camp

With support from Energy Peace Partners (EPP), 3Degrees, a renewable energy consulting firm, and the International Organization for Migration (IOM), have inked the largest Peace Renewable Energy Credit (P-REC) agreement to date, which is also the first-ev
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
Green hydrogen market needs standardized certification scheme: Irena
News

Green hydrogen market needs standardized certification scheme: Irena

The global green hydrogen market will require a trustworthy and transparent certification mechanism to incentivize companies to commit to using green hydrogen and create social interest, stated the International Renewable Energy Agency in its 'Green hydro
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
German government agrees to abolish renewables levy as energy prices skyrocket
News

German government agrees to abolish renewables levy as energy prices skyrocket

The German government approved a draft law on Wednesday, planning to abolish the Renewable Energy Source Act (EEG) levy that consumers pay with their electricity bills from July 1 this year.
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
Turkey mulls legislation to promote use of renewable energy
News

Turkey mulls legislation to promote use of renewable energy

The Turkish government is stepping up efforts to increase the usage of green energy and is planning new legal requirements to help consumers transition to renewable energy sources.
March 10, 2022
Poor grid infrastructure may impede Southeast Asia’s renewable push
News

Poor grid infrastructure may impede Southeast Asia’s renewable push

According to a new report by Black & Veatch, flexible transmission infrastructure is a critical enabler for solar and wind power to function, and Southeast Asia needs to start preparing for stronger networks to support its renewable ambition.
March 10, 2022
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