Paraguay to pass renewable energy law this year
Paraguay is preparing to issue its first legislation to support the development of renewable energy sources, including solar and wind power, by the end of 2017.
Sustainability
France to ban all new oil and gas exploration licenses
France plans to terminate the granting oil and gas exploration licenses at home and in overseas territories, as the country aims to increase the share of renewables in the nation’s energy mix.
World’s biggest coal company closes 37 mines as solar prices plummet
Coal India, the world’s biggest coal mining company and producer of 82 percent of the country’s coal, announced the closure of 37 mines that are financially “unviable.”
Philadelphia commits to 100 percent renewable energy by 2035
Weeks after Mayor Jim Kenney denounced the White House’s move to reject the Paris climate accord, Philadelphia announced today that it has committed to transitioning to 100 percent clean energy.
South Korea to transition from nuclear to renewables
President Moon also plans to close at least 10 ageing coal-fired power plants before his term ends in 2022, as well as boosting renewables’ share of the country’s energy mix from 6.6 per cent today to 20 per cent by 2030.
Taiwan plans for $59 billion in finance for renewables
Prime Minister Lin Chuan’s administration hopes to attract $59 billion of private capital in order to boost the share of renewable energy in Taiwan’s power mix to 20 per cent by 2025.
Apple issues billion-dollar ‘green’ bond to support clean projects
That money will go towards efforts to improve the energy efficiency of Apple’s own facilities, as well as throughout its supply chain, by financing renewable energy, procuring more recycled and renewable source materials so as to reduce its need to mine for them.
Renewables generated 10% of US electricity in March, breaking records
Combined wind and solar energy accounted for more than 10 per cent of U.S. power generation in March; the highest ever share of renewable energy in the nation’s power mix.
Singapore opens country’s first sustainability academy
The Singapore Sustainability Academy (SSA) has been built to highest energy efficiency and green building standards and will serve as the city-state’s sustainability learning and collaboration hub.
Nine of the world’s largest fisheries pledge to eradicate overfishing
Signatories of the pact include Maruha Nichiro Corporation and Nippon Suisan Kaish, the two largest fishing companies by revenues, as well as the world’s two largest tuna companies and the two largest aquafeed companies.