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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.

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

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.

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.

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.

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.

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.

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

Finland could be subject to billions of euros in costs as the diminishing capacity of forests as a carbon sink has undermined its effort to meet the sink target set by the EU.

The Swedish fashion company H&M has signed a power purchase agreement (PPA) for a solar park with Neoen and Alight to power its operations.

The Central Electricity Regulatory Commission (CERC) has agreed on Dec. 9 to revise up fees and charges paid by eligible entities for accreditation, registration and issuance renewable energy certificates (RECs).

China’s national emissions trading scheme (ETS), the world’s largest carbon market covering a seventh of emissions globally, hit 10 billion yuan (US$1.4 billion) in total transactions on Thursday.