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Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.

Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.

Germany is considering introducing state guarantees for investments in renewable energy to increase the country’s industrial potential, Economy Minister Robert Habeck has said, as Berlin seeks to become more independent in scaling up renewables capacity.

China's greenhouse gas emissions have been decreasing since last year but have not yet reached its peak, with the country's policies still not fully aligned with long-term goals to limit temperature increases, a research report said on Monday.

The International Energy Agency has joined industry calls to overhaul the way companies purchase renewable energy to meet their climate targets, and promotes hourly certification of renewable electricity, it said.

Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).

Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.

The European Commission on November 10 put forward a temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia-Ukraine conflict calls for exceptional measures.

Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.

Asia Pacific is set to see a record 7GW of renewable capacity contracted to corporations in 2022, an 80% increase on 2021.

The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.

France has unveiled a plan aimed at reducing the carbon footprint of the shipping industry over the next seven years. Boosted by funding of 300 million euros, the industry is looking towards a greener future with the objective of building a zero emission