Global carbon market increases by 56% in one year, says World Bank
The report, launched today, finds that there are currently 51 carbon pricing initiatives around the world, consisting of 25 emissions trading schemes and 26 carbon taxes.
Climate crisis
Pivot Power to build ‘world first’ battery network in the U.K.
Pivot Power unveiled plans to build the world’s first national network of grid-scale batteries and rapid-charge stations across the U.K. to accelerate electric vehicle adoption.
Premature birth rates drop in California after coal and oil plants shut down, study finds
Within a year of eight coal- and oil-fired power plant retirements, the rate of preterm births in mothers living close by dropped, finds new study on air pollution.
Cheap renewable energy is killing India’s coal-based power plants
Renewable energy prices in India are crashing, leaving coal-based power plants in the country financially unviable in their wake.
Two thirds of E.U. cities have climate change plans
66% of EU cities have a mitigation or adaptation plan in place. The top countries were Poland — where 97% of cities have mitigation plans — Germany (81%), Ireland (80%), Finland (78%) and Sweden (77%).
E.U. bank to invest €300 million in Chinese climate projects
The €300 million investment, signed with the Export-Import Bank of China (Eximbank), will be used on a range of climate projects, including sustainable transport, energy efficiency, renewable energy, and water infrastructure.
Brazil’s solar capacity expected increase by 358% in 2018
Brazil now has 320 MW of distributed solar generation, a sector which grew 270% in 2016, 304% in 2017, and is expected to increase by 358% in 2018.
Church of Ireland to end investments in fossil fuel companies
The Church of Ireland has voted to exclude fully companies with a turnover of greater than 10 percent from fossil fuel production, by 2022.
Costa Rica to ban fossil fuels and become world’s first decarbonised society
New president embraces ‘titanic and beautiful task’ of complete renewable energy transition.
London Mayor Sadiq Khan plans for city to go ‘zero carbon’ by 2050
The strategy, first released for consultation last summer, envisions London becoming a ‘zero carbon’ city by mid-century, boasting cleaner air and more green space.