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India govt panel suggests ban on diesel vehicles by 2027
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India govt panel suggests ban on diesel vehicles by 2027

India should ban the use of diesel-powered four-wheeler vehicles by 2027 in cities with more than a million people and polluted towns and switch to electric and gas-fueled vehicles to reduce emissions, the Energy Transition Advisory Committee is recommend
May 12, 2023
California to ban sale of new diesel trucks by 2036
News

California to ban sale of new diesel trucks by 2036

California's Air Resources Board has recently approved a mandate to shift big rigs and other trucks to zero emissions in a bid to transform the state's economy and end diesel's long-standing dominance in goods movement.
May 12, 2023
China completes first online trade for 1,000 tons of liquified CO2
News

China completes first online trade for 1,000 tons of liquified CO2

China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.
May 11, 2023
Total Eren, PLN sign PPA for 70 MW wind-battery power
News

Total Eren, PLN sign PPA for 70 MW wind-battery power

Total Eren, Adaro Power and PJBI have signed a power purchase agreement (PPA) with PLN for a 70-MW wind farm equipped with a 10-MW battery energy storage system to be located in Tanah Laut in Indonesia.
May 05, 2023
Australia’s record renewables drive down energy prices, emissions
News

Australia’s record renewables drive down energy prices, emissions

Australia’s renewable energy output hit record level, helping extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.
May 04, 2023
Elon Musk's private jet emits more than 2,000 tons of carbon
News

Elon Musk's private jet emits more than 2,000 tons of carbon

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.
May 04, 2023
EU carbon prices could rise after reform agreement
News

EU carbon prices could rise after reform agreement

Analysts have raised their average price forecasts for EU carbon permits for the next three years after the EU gave green light to the bloc’s carbon market reforms.
May 03, 2023
Google, EDP Renewables sign PPA for 650 MW solar
News

Google, EDP Renewables sign PPA for 650 MW solar

Google has signed a new PPA with Madrid-based renewable energy company EDP Renewables (EDPR) to procure solar energy in the U.S.
May 02, 2023
Carbon trading market to reach USD 479 million by 2030
News

Carbon trading market to reach USD 479 million by 2030

In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.
April 27, 2023
Thailand selects 175 firms for renewable energy scheme
News

Thailand selects 175 firms for renewable energy scheme

Thailand’s Energy Regulatory Commission (ERC) has selected 175 companies for the first phase of its renewables scheme. It has attracted massive interest, receiving proposals with a combined capacity of almost 17GW, more than three times its 5.2GW target.
April 26, 2023
Taiwan to start collecting carbon fees from second half of 2024
News

Taiwan to start collecting carbon fees from second half of 2024

Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).
April 25, 2023
Brazil surpasses China to become biggest I-REC issuer
News

Brazil surpasses China to become biggest I-REC issuer

Demand for Brazilian international renewable energy certificates (I-RECs) rose to 13.96 TWh in the first quarter from 8.5 TWh a year earlier, making Brazil the largest global market.
April 24, 2023
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