News
Carbon Market
December 16, 2022
New Zealand’s new carbon price settings lag behind climate body recommendations
The New Zealand government raised the country's 2023 Emissions Trading Scheme (ETS) carbon allowance price and volume settings on December 15 to levels significantly below those advised by its national climate body.
December 12, 2022Bursa Malaysia launches first Shariah-compliant carbon trading platform
Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.
November 24, 2022Integrity issues of Australia’s carbon credits system undermine transparency, new report finds
Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.
November 16, 2022Australian carbon trading volumes jump 50% as corporates place bets ahead of review
Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.
November 14, 2022EU agrees stronger carbon price control
The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
October 21, 2022Washington state will earn more revenue from carbon auctions than predicted
Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
October 12, 2022London Stock Exchange introduces listing rules for carbon offset
The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
August 16, 2022Malaysian stock exchange to launch voluntary carbon market
Bursa Malaysia will launch a voluntary carbon market (VCM) by the end of 2022. This will help increase transparency and enable companies to purchase carbon credits to offset their emissions.
August 14, 2022Small-scale landowners can benefit from forest carbon offset
Small privately or family-owned forest land accounts for the largest share of the U.S. forestland, at 39%. Yet, the majority of these land have difficulty participating in the carbon offset marke
August 02, 2022Taylor Swift, Drake, the Kardashians criticized for the biggest private jet emitter
Marketing and analytics agency Yard recently published a list naming the celebs with the worst private jet carbon emissions based on the purported use of their privately owned jet planes since the start of the year by examining flight tracking maps.