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China’s carbon price tops RMB 100

China’s carbon price tops RMB 100

By Jiang Mengnan China’s carbon price has topped RMB 100 (USD 13.80) for the first time. In July 2021, during the first month of the national carbon market, the price averaged about RMB 50 (USD 6.90). Back then some market analysts predicted that the price would approach RMB 100 only in 2030. The landmark was in fact reached on 24 […]

Eco-friendly and cost-effective: Harnessing energy audits for business success

Eco-friendly and cost-effective: Harnessing energy audits for business success

Sponsored Content Photo credit: depositphotos.com. By Antaris Consulting Energy audits have become essential for businesses looking to reduce costs and achieve operational sustainability. A partnership with a trusted energy auditor can reveal inefficiencies and offer a clear path towards greater savings and a reduced carbon footprint. Empowering sustainable practices There is an obvious need for greater sustainability in business energy […]

Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace

Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace

Extinction Rebellion and Greenpeace Netherlands protests against Rabobank’s agricultural policies in the Dutch city of Utrecht last year. Photo credit: Marten van Dijl / Greenpeace. By Anders Lorenzen A coalition of green groups led by Greenpeace has in a report, found that Europe’s largest banks have failed to stop investing in climate and nature-destructive projects. The report which was published […]

Despite global uncertainty, 2023 was a record year for wind power in Europe

Despite global uncertainty, 2023 was a record year for wind power in Europe

Photo credit: WindEurope. By Anders Lorenzen Analysis by WindEurope, Europe’s wind power industry group, reveals a record-breaking year for European wind power when it comes to investments in the industry as well as installing new capacity. The report revealed a significant comeback. The wind sector having struggled in 2022 with soaring inflation, interest rates and the volatile energy markets as […]

Analysis: New coal mines add question mark to India’s climate commitments

Analysis: New coal mines add question mark to India’s climate commitments

A coal power plant at Dadri in Gautam Budh Nagar district, Uttar Pradesh. Despite a significant uptake of renewable energy, India still relies on coal plants for more than half of its installed electricity supply. Photo credit: Mayank Makhija / Alamy. By Rejimon Kuttappan Along with a major expansion of renewable energy, India is also pushing for big increases in […]

Financial boost to green steel plant in Sweden

Financial boost to green steel plant in Sweden

H2 Green Steel. By Anders Lorenzen H2 Green Steel, the Swedish company behind a project to construct the first large-scale green steel plant in the world, has received a significant financial boost. H2 Green Steel has raised €4.75 billion worth of funding for the flagship plant, which will be located in Boden, a town in northern Sweden.  The company was […]

Opinion: At COP28, climate finance takes centre stage

Opinion: At COP28, climate finance takes centre stage

Dubai, United Arab Emirates (UAE),  site of the COP28 conference at the end of the month, where government representatives from all UN countries will discuss global efforts to limit climate change and adapt to its effects. Photo credit: Frank Peters / Alamy. By Kashmala Kakakhel COP28 will be judged on its solutions to questions of climate finance – for mitigation, […]

Huge investor warns about Earth Overshoot Day

Huge investor warns about Earth Overshoot Day

Photo credit: Earth Overshoot Day. By Anders Lorenzen Earth Overshoot Day is the day of the year when we have already used up all the resources the Earth can generate. It has been happening earlier and earlier each year since the 1970s. This year the day falls on the 2nd of August.  It is estimated it would take 1.7 Earths […]

The US government sets up a fund to encourage rural clean energy generation

The US government sets up a fund to encourage rural clean energy generation

US President Joe Biden delivers remarks at North America’s Building Trades Unions Legislative Conference at the Washington Hilton. Photo credit: Reuters / Leah Millis. By Anders Lorenzen The Biden Administration has set up an $11 billion grant to encourage rural clean energy projects. Rural energy companies, co-operatives as well as other providers of energy, will soon be able to apply […]

How climate change could sink the US real estate market

How climate change could sink the US real estate market

Flooding in the US Midwest. Photo credit: Don Becker, USGS – via Flickr. By Amanda Abrams Rising seas, fires, and outdated government policies threaten a repeat of the subprime mortgage meltdown. Liz Greene hadn’t originally intended to buy this house. She’d been looking at another one here in the River Haven subdivision, 20 miles northeast of Myrtle Beach, South Carolina. […]