• Air New Zealand to purchase 8,000 tonnes of internationally verified, New Zealand-based carbon removals by 2030 through My Native Forest.• The deal aims to seed a high-integrity voluntary carbon market while funding native forest restoration across Aotearoa.• The project will channel carbon finance directly into domestic ecosystems, supporting biodiversity, local jobs, and rural economies.… Continue reading
• Sembcorp to acquire ReNew Sun Bright for S$246 million ($190 million), adding 300 MW of solar capacity in Rajasthan.• Acquisition raises Sembcorp’s total renewable capacity in India to 6.9 GW, supporting its target to grow clean energy across Asia.• The deal aligns with India’s push to reach 500 GW of renewable capacity by 2030,… Continue reading
• ACEA calls for easing EU CO₂ goals, arguing that full electrification by 2035 is unrealistic under current market and infrastructure constraints.• Proposals include extended compliance periods, hybrid credits, and equal treatment for vehicles using carbon-neutral fuels.• The European Commission’s year-end review could reshape how the bloc balances industrial competitiveness with climate ambition. Automakers Push… Continue reading
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