ANALYSIS: Market hopes new administration awakens giant dormant Colombia, key implementation questions loom
Colombia, a major player in voluntary and international environmental markets, is nearing the end of a presidential term that dealt the sector a major blow – but while the incoming president has raised hopes of a revival, questions remain over implementation.
Read MoreDemocrats introduce bicameral bill to advance US clean shipping with $1 bln per year
Democrats in the US Senate and House of Representatives have reintroduced a legislative effort to fund advanced clean shipping technology and infrastructure.
Read MoreCalifornia gasoline consumption edges higher, diesel sales dip lower YoY in March
California gasoline sales picked up year-on-year (YoY) in March for the first time in multiple years, while diesel dropped by a larger percentage, recently published state data showed.
Read MoreWashington’s highest court upholds farm fuel exemption under cap-and-invest programme
The Supreme Court of Washington ruled in favour of the state’s Department of Ecology (ECY) regarding the agriculture fuel exemption for fuel suppliers within the carbon cap-and-invest programme, ending a dispute brought by an agricultural association.
Read More$8 bln clean energy project scrapped in Louisiana
A planned clean energy project in Louisiana will not proceed after failing to meet internal financial return criteria, its developer announced Tuesday.
Read MoreCountries reaffirm commitment to bolstering energy efficiency by 2030
Countries have reaffirmed the importance of scaling up energy efficiency in a new action plan signed in Montreal this week at a conference hosted by the International Energy Agency (IEA), which includes reference to enhancing efficiency in data centres.
Read MoreSPONSORED: Europe’s Industrial Wake-Up Call – Competitiveness Requires a New Approach to Energy and EU ETS
Europe’s climate ambitions must go hand-in-hand with industrial competitiveness. The upcoming EU ETS reform should support decarbonisation while ensuring affordable energy, investment certainty, energy security, and a level playing field for European industry.
Read MoreAustralian aviation company raises A$28 mln to scale drag-reducing tech
An Australian venture capital fund announced Tuesday it had successfully raised A$28 mln ($19.2 mln) on behalf of an aerospace company looking to scale its drag-reducing adhesive film that improves flight efficiency.
Read MoreUK off target to meet 2030 clean power goal by two years -report
The UK is set to fall short of its target for 95% clean power by 2030 by a margin of 12 percentage points, though could achieve the full target by 2032 provided more renewables come online and grids are upgraded, said a consultancy in a new report.
Read MoreInternational climate diplomacy should evolve to distinguish institutional, implementation processes -report
A recent report by a German non-profit suggested a two-tiered approach to multilateralism in international climate diplomacy, more distinctly distinguishing between institutional and implementation efforts, offers the most realistic path for turning talk into action.
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