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Category: Government
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced $6 billion in tax credit allocations for the second round of the § 48C Qualifying Advanced Energy...
The Treasury Department and IRS have announced new guidelines for the Clean Fuels Production Credit (Section 45Z), designed to cut GHG emissions from transportation fuels. The credit applies to sustainable...
Toyota Motor North America has received a $4.5 million grant from the Department of Energy (DOE) to accelerate electric vehicle (EV) battery recycling efforts. The initiative, led by the Toyota...
The U.S. Department of the Treasury and IRS released final rules for the Clean Electricity Investment and Production Tax Credits under sections 45Y and 48E of the tax code. These...
Historic Clean Energy Partnership Constellation, the largest U.S. producer of emissions-free energy, secured over $1 billion in contracts with the U.S. General Services Administration (GSA) to supply carbon-free energy and...
Pioneering Carbon Storage in Kern County The U.S. Environmental Protection Agency (EPA) issued four Class VI Underground Injection Control (UIC) permits to Carbon TerraVault (CTV), a subsidiary of California Resources...
President Biden has taken decisive action to protect U.S. coastal waters from offshore oil and gas drilling, conserving over 625 million acres of the Atlantic, Pacific, and Northern Bering Sea....
The U.S. Department of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit, aiming to drive industry growth while meeting stringent emissions standards....
Japan’s Carbon-Neutral Drive Japan’s Prime Minister Shigeru Ishiba unveiled the “GX 2040 Vision” at the Yomiuri International Economic Society event, outlining a transformative industrial policy rooted in ESG principles. “Carbon...
Ed Miliband’s ambitious drive to make Britain Net Zero by 2029 comes with a hefty £37.4 billion price tag, according to an audit by The Mail on Sunday. The allocation...
Vietnam has enacted a new Electricity Law, effective February 1, 2025, to modernize its energy sector and create a robust framework for renewable energy development. The amended law addresses longstanding...
The Environment Agency – Abu Dhabi (EAD) has reported a dramatic reduction in single-use plastic bag consumption since implementing its Single-Use Plastic Policy in June 2022. In just two years,...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has approved a $15 billion conditional loan guarantee to Pacific Gas & Electric (PG&E) for hydropower, battery storage, and grid...
The News: Ecuador has completed a $1.5 billion debt-for-nature swap to fund the Amazon Biocorridor Program, unlocking $460 million for conservation efforts over the next 17 years. This is Ecuador’s...
The News: Japan has unveiled a draft energy policy targeting 40-50% renewable energy in its power mix by fiscal year 2040, alongside a steady reliance on nuclear power at 20%....
UK’s Energy Revolution The UK government has launched its Clean Power Action Plan, aiming to secure energy independence and tackle the climate crisis by 2030. Energy Secretary Ed Miliband called...
Canada’s 2035 Emissions Target: Balancing Climate Action and Economic Growth Canada has unveiled an ambitious emissions reduction target of 45-50% below 2005 levels by 2035, reinforcing its commitment to achieving...
The Story: California has delayed full enforcement of its climate reporting requirements, originally set to begin in 2026. The California Air Resources Board (CARB) announced it would use “enforcement discretion,”...
The Story: Ecuador has introduced a $1 billion bond as part of a debt-for-nature swap aimed at funding conservation efforts in the Amazon rainforest. This move builds on the success...
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