Global energy crisis fuels surge in near-term coal demand across Asia-Pacific, report says
The prolonged energy crisis stemming from the Middle East conflict is driving a significant near-term surge in thermal coal demand across the Asia-Pacific region, according to a new report.
Read MoreCalifornia power emissions rise YoY in April as natural gas drops
California power sector CO2 emissions increased roughly 1.6% year-on-year (YoY) in April, even as the share natural gas-based generation decreased, recently published grid operator data showed.
Read MoreNew York legislature passes data centre moratorium bill as power demand tests grid, climate goals
New York lawmakers passed a bill that would impose a one-year moratorium on permits for large data centres, require larger facilities to source increasing shares of electricity from renewable energy, and direct utilities to shield other customers from costs linked to serving the sector.
Read MoreSupply chain, financing pressures keep corporate carbon accounting in play despite broader ESG pullback -panellists
Companies are continuing to use GHG accounting to guide investment, procurement, and emissions reduction decisions despite a more uncertain North American disclosure landscape, as climate risk, financing needs, customer demands, and supply chain pressure keep emissions data on the corporate agenda, panellists said on Thursday.
Read MoreVirginia should postpone RGGI return until at least 2027 to prevent utility rate spike -paper
Virginia should postpone its return to RGGI until at least 2027 to prevent a spike in utility rates, according to a paper published by a Washington DC-based think tank.
Read MoreEU climate investment stalls as bloc falls €344 bln short of 2030 needs -report
Europe risks repeating a damaging cycle of reacting to energy crises rather than preparing for them, after climate investment stagnated for a third consecutive year and covered barely three-fifths of what is needed to meet the EU’s 2030 climate and energy goals, according to new analysis from the Institute for Climate Economics (I4CE).
Read MoreUPDATE – Trump taps wartime authority to bolster coal plants, expand export capacity
US President Donald Trump launched hundreds of millions of dollars in funding to protect coal plants and mines on Thursday, using powers under wartime authority to dole out much of the funding.
Read MoreEurope’s post-1980 heatwave surge driven mainly by GHGs, amplified by cleaner air policies -study
The sharp rise in European summer heatwaves since 1980 has been driven primarily by greenhouse gas emissions and further intensified by reductions in aerosol pollution resulting from air quality regulations, according to a new study.
Read MoreColombian draft decree conditions carbon market continuation on emerging systems
Colombia has published a draft carbon markets decree addressing technical and safeguarding concerns with tools that don’t yet exist, also imposing new responsibilities on domestic and international entities, but leaving key implementation questions open.
Read MoreFinnish minister urges strong EU ETS to keep Europe in clean-tech race
Finnish climate minister Sari Multala on Thursday defended the EU Emissions Trading System (EU ETS) as the central policy to steer investment towards clean energy, warning that any weakening of the bloc’s carbon market risks undermining the continent’s clean-tech ambitions.
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