On July 19, 2022, a soupy, relentless heat smothered Muskogee, Oklahoma. By 4 in the afternoon, the temperature spiked to 106 degrees. While hot, humid days aren’t unheard of in this part of the country, researchers say extreme heat is only going to grow more commonplace. The heat index—what the temperature feels like to the […]
U.S. utility-scale renewable electricity generation fell in 2023 due to weather patterns that reduced output from wind farms and drought that affected hydropower. Data released by the Energy Information Administration shows a decrease of 0.8 percent compared to the prior year. This is a stunning result, considering that utility-scale renewables have been a fast-growing part […]
Join Akin projects & energy transition partner Ike Emehelu at Infocast’s Solar & Wind inance & Investment Summit in Phoenix, AZ where he will moderate the “Lender Perspectives for 2024 and Beyond” panel.
Please click here to register and enter promotional code 240310 to receive 15% off.
On February 20, 2024, European Union (EU) legislators reached a provisional political agreement on a regulatory framework for the certification of carbon dioxide removals (CDR). CDR encompasses a wide range of nature- and technology-based activities that permanently or temporarily remove carbon dioxide from the atmosphere. While CDR is a part of the EU’s plan to reach net zero greenhouse gas emissions by 2050, it has not yet been incorporated into many of the EU’s climate policy vehicles, such as its Emissions Trading Scheme (EU ETS). The Carbon Removal Certification Framework (CRCF) paves the way for the EU to incorporate CDR into its climate policies in practice, and to eventually establish a registry allowing a market-based trading of CDR “units.”