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Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.

Masdar, an Abu Dhabi-based state-owned clean energy company, has announced ambitions to invest in Nigeria as part of its Africa-wide penetration which aims to increase renewable energy capacity by 20,000 MW over the next 12 years.

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.

Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.

The US and Europe saw relatively modest increases in the average prices of solar power purchase agreements (PPA) in Q4 2022, up by 4% and 3%, respectively.

Analysts have revised up their average price forecasts for EU carbon permits for the next three years in anticipation of improving economies in Europe as energy prices fall from record highs.

China is building the world’s largest commercial floating offshore wind farm off the coast of Hainan, showing sign of growing momentum of renewable energy.

U.S. greenhouse gas emissions rose in 2022, by 1.3% compared to the previous year according to preliminary estimates by environmental consultancy Rhodium Group.

US telecom giant Verizon has signed four new power purchase agreements (PPAs) to procure renewable energy.

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.

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.

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).