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 […]
Eco-friendly and cost-effective: Harnessing energy audits for business success
Energy audits are vital for businesses aiming for sustainability, cost reduction, and environmental stewardship. Registered auditors offer expertise, cost savings, and compliance.
Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace
A coalition of green groups, including Greenpeace, found that European banks have invested €256 billion in climate and nature-destructive projects since 2015. European Union’s role is deemed hypocritical. Urgent action is required to halt ecosystem destruction.
Despite global uncertainty, 2023 was a record year for wind power in Europe
Europe’s wind power industry saw a remarkable resurgence in 2023 with record investments of €30 billion in offshore wind projects and 16.2GW of new capacity installed, paving the way to achieve clean energy targets. Despite positive prospects, caution is advised due to sluggish investments in grid upgrades.
Book review: A grand survey of climate hope
Journalist Akshat Rathi’s new book, Climate Capitalism, looks at how businesses are embracing climate-positive practices, providing extensive insights and plenty of optimism, but missing out on developing countries and important details.
Analysis: New coal mines add question mark to India’s climate commitments
Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.
The global wind industry is not out of trouble yet
The global wind power industry faced challenges in 2023, with leading companies like Siemens Energy, Orsted, and Vestas projecting ongoing struggles due to project delays, equipment issues, and inflation. Rising costs and the need for sector reform further complicate the industry’s outlook for 2024.
Financial boost to green steel plant in Sweden
H2 Green Steel, a Swedish company, secures €4.75 billion for the world’s first large-scale green steel plant using green hydrogen, emitting 95% less CO2 emissions. Operations to start in 2025.
Opinion: At COP28, climate finance takes centre stage
COP28 will be judged on its solutions to questions of climate finance – for mitigation, adaptation, and loss and damage – all of which are deeply contentious issues.
Huge investor warns about Earth Overshoot Day
This earth Overshoot Day on the 2nd of August, a financial services company urges its clients to scrutinise the sustainability of the companies they invest in.