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MEPs to vote on key EU ETS reforms in February
News

MEPs to vote on key EU ETS reforms in February

The European Parliament’s environment committee may vote on key reforms of the EU ETS in February, with a parliamentary vote due in March, MEP Pieter Liese said on Thursday.
January 16, 2023
Greenfact projects GO prices to trade for EUR 6-8/MWh in 2023
News

Greenfact projects GO prices to trade for EUR 6-8/MWh in 2023

The trading prices for European guarantee of origin (GO) prices would likely to range from EUR 6/MWh to EUR 8/MWh this year, Norwegian market intelligence firm Greenfact said in a report on Thursday.
January 13, 2023
Carbon pricing could raise $7-B revenues in the Philippines: IMF
News

Carbon pricing could raise $7-B revenues in the Philippines: IMF

The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
January 12, 2023
France pushes forward with law to accelerate renewables
News

France pushes forward with law to accelerate renewables

French MPs on Tuesday moved ahead with a law to speed up the deployment of renewable energy, as the country’s nuclear plants were hit by maintenance and corrosion problems and Russia’s invasion of Ukraine caused energy costs to surge.
January 11, 2023
Chubb review recommends changes to Australian carbon credits scheme
News

Chubb review recommends changes to Australian carbon credits scheme

A review of Australia’s controversial carbon credit system has recommended significant changes to how it is managed, but rejected claims that the scheme lacks integrity and is not delivering real cuts in greenhouse gas emissions.
January 10, 2023
US tops EY’s ranking for world’s most attractive renewables market
News

US tops EY’s ranking for world’s most attractive renewables market

Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the coun
January 09, 2023
Australian forests could become net carbon emitters in coming decades, report finds
News

Australian forests could become net carbon emitters in coming decades, report finds

Forests in New South Wales are continuing to be cleared to a point that some could become net carbon emitters in coming decades, according to a report released in December by the New South Wales’ Natural Resource Commission.
January 06, 2023
UK enjoys record-breaking 2022 for renewables
News

UK enjoys record-breaking 2022 for renewables

A record-breaking level of green energy was generated in the UK in 2022, according to new analysis from Imperial College London for Drax Electric Insights.
January 05, 2023
Germany earns record 13 billion euros from carbon pricing
News

Germany earns record 13 billion euros from carbon pricing

Europe’s carbon market and national scheme for heating and transport brought Germany a record 13.2 billion euros in 2022, the Federal Environment Agency (UBA) said on Tuesday.
January 04, 2023
Brussels plans energy market reform to curb renewables cost
News

Brussels plans energy market reform to curb renewables cost

Brussels plans to overhaul the bloc’s electricity market to prioritise cheaper renewable energy, European Union’s energy commissioner Kadri Simson has said, despite industry warnings that the reforms could smother investment in wind and solar projects.
January 03, 2023
Taiwan sets new emissions reduction goal for 2030
News

Taiwan sets new emissions reduction goal for 2030

Taiwan aims to reduce carbon emissions by 23-25% by 2030 compared with 2005 levels in pursuit of achieving net-zero carbon emissions by 2050, the National Development Council said Wednesday at a press conference.
December 30, 2022
Delhi High Court suspends REC trading for six weeks
News

Delhi High Court suspends REC trading for six weeks

The Delhi High Court has suspended the market for trading renewable energy certificates (RECs) issued before October 31, 2022 for six weeks.
December 29, 2022
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