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Australian pension fund fined A$11.3 million for greenwashing…
Australian pension fund Mercer Superannuation Australia Ltd. has been fined A$11.3 million ($7.3 million) for greenwashing, concluding the corporate regulator’s first court action on this…
Google data center in Uruguay faces backlash over…
Google’s plan to build a data center in Uruguay has angered environmentalists, who argue it will release large amounts of carbon dioxide and hazardous waste.…
Antarctic ground temperatures soar 10°C, nears record heatwave 
Ground temperatures across much of Antarctica’s ice sheets have soared an average of 10°C above normal over the past month, leading to what is being…
US lawmakers introduce bill to block Chinese solar…
On Wednesday, a bipartisan group of US lawmakers introduced a bill to block Chinese solar panel manufacturers from receiving subsidies for their factories in the…
SBTi publishes technical outputs to revise Corporate Net-Zero…
The Science Based Targets Initiative (SBTi) published four technical outputs as an early step in revising the SBTi Corporate Net-Zero Standard.  Earlier in May 2024,…
TotalEnergies strengthens clean energy strategy with acquisition of…
TotalEnergies announced that it has signed an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power.   SN Power…
Wildfire smoke poses greater risk for brain than…
New research reported at the Alzheimer’s Association International Conference in Philadelphia revealed that wildfire smoke may be worse for brain health than other types of…
Forests, land ecosystems failed to curb emissions in…
According to a Laboratory for Climate and Environmental Sciences (LSCE) study presented on Monday, forests and other land ecosystems were less effective at combating climate…
Spain approves construction of about 300 renewable projects…
On Monday, the Spanish government announced it has approved nearly 300 renewable power projects with a combined capacity of over 28 gigawatts.  These projects, involving…
India declines to accept EU carbon tax proposal,…
According to a senior official speaking to Reuters, India has rejected a European Union proposal to impose higher taxes on its carbon-emitting industries, even though…
COP29 host launches comprehensive training program to boost…
To support Azerbaijan’s government agencies in aligning with global climate goals, the COP29 Azerbaijan Operating Company has launched an extensive training program aimed at enhancing…
Yellen says $3 trillion needed in global transition…
On Saturday, U.S. Treasury Secretary Janet Yellen stated that shifting to a low-carbon economy globally will need $3 trillion in new funding each year until…
UK’s water coasts the hottest ever recorded, scientists…
A report has found that water temperatures near the UK’s coasts in 2023 were the highest ever recorded. This means that children today are growing…
UN Chief issues global call to action as…
United Nations Secretary-General António Guterres issued a new “global call to action” to protect people from extreme heat just days after the world recorded its…
EIB and IDB partner on $300 million guarantee…
The Inter-American Development Bank (IDB) and the European Investment Bank (EIB) announced that they have approved guarantees amounting to $300 million to support an “innovative…
Emerging economies urge developed countries to boost climate…
China, South Africa, Brazil, and India have renewed their call for wealthier countries to increase climate financing to trillions of dollars annually to expedite the…
UK’s Crown Estate and Great British Energy collaborate…
The Prime Minister of the UK and the Energy Secretary announced a new partnership between Great British Energy and The Crown Estate. The collaboration can…
Global coal demand to remain broadly unchanged through…
The International Energy Agency’s latest update on global coal market trends forecasts that coal demand will stabilize in 2024 and 2025.  This stability comes despite…
Egypt to increase electrical capacity with two $700…
Egypt’s Ministry of Electricity and Renewable Energy has unveiled plans to boost the country’s electrical capacity by 750 megawatts, with two renewable energy projects set…
South Africa passes new climate change law to…
South African President Cyril Ramaphosa has enacted a comprehensive climate change law that imposes emission caps on major polluters and mandates that every town and…
Iberdrola signs €500 million green loan to support gl...
Iberdrola announced that it has signed a syndicated green loan...
August 2, 2024 6:57 pm SGT
Plenitude secures long-term PPA with Ferriera Valsabbia...
Plenitude announced that it has signed a 10-year power purchase...
August 2, 2024 6:53 pm SGT
DOE allocates $41 million to boost renewables-to-liquid...
The US Department of Energy announced that it will invest...
August 2, 2024 6:43 pm SGT
Shell’s H1 profits climb to $14 billion, boosted by f...
Shell’s profits reached $14 billion (£10.9 billion) in the first...
August 2, 2024 2:18 pm SGT
Australian pension fund fined A$11.3 million for greenw...
Australian pension fund Mercer Superannuation Australia Ltd. has been fined...
August 2, 2024 1:49 pm SGT
SBS signs 10-year renewable energy deal with ZEN Energy...
SBS, an Australian broadcaster, announced that it has signed a...
August 2, 2024 1:37 pm SGT

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