News
News
September 26, 2023
Indonesia launches first carbon exchange, traded at price of $4.51 per unit
Indonesia launched its first carbon emissions trading market to curb the climate impact of its coal-dominated power sector.
August 17, 2023
China’s carbon price hits record as power generators rush for permits
China’s carbon price continues to rise, setting a fresh record on Aug. 11 as Beijing pushes power generators to obtain sufficient permits for the year.
July 31, 2023
Supply shortages, poor data quality are main barriers for China’s carbon market
Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.
July 25, 2023
Indonesia, UK partner to set carbon price ahead of bourse launch in September
Indonesia and the UK signed an implementing arrangement to assist the Southeast Asian country in establishing carbon pricing.
July 24, 2023
Carbon prices set to decline as Europe accelerates energy transition
Hedge fund manager Per Lekander, who has been historically bullish on carbon prices, is predicting that carbon credit prices will drop as Europe speeds up energy transition.
July 17, 2023
Analysts cut EU carbon price forecasts on weaker power demand
Analysts have trimmed average price forecasts for EU carbon permits on expectations of lower demand from the power sector as renewable generation increases.
July 05, 2023
China says no way to set the same carbon price as EU now
It is now impossible to ask China to set the same carbon price as the EU, as the two sides' carbon prices were set under different development conditions and emission goals, said a Chinese climate official, who also criticized EU's new carbon tariff as "u
June 06, 2023
Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
May 29, 2023
Carbon pricing generates record revenue, says World Bank report
Charging firms for emitting carbon dioxide has generated a record high of about $95 billion in revenue, but prices remain too low to meet the targets set by the Paris climate accord, says a World Bank report.
April 25, 2023
Taiwan to start collecting carbon fees from second half of 2024
Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).