News
Carbon Pricing
April 22, 2022
Denmark proposes standard carbon tax for businesses
The government of Denmark unveiled on Wednesday a standard carbon tax for businesses as a method to meet the country’s climate goal.
April 14, 2022ACCUs contract volume plummets despite highest ever offered price
Australia’s Clean Energy Regulator announced on Tuesday that a total of 7.6 million tonnes of Australian Carbon Credit Units (ACCUs) has been traded through contracts in the auction held in April, with a potential value of 131 million Australian dollars (
April 06, 2022Indonesia defers carbon tax rollout amid inflation concerns
The Indonesian government has decided to postpone the implementation of its carbon tax from April to July due to global economic upheaval and continued disruptions in the energy industry, a government official said over the weekend.
March 22, 2022SEC’s draft carbon disclosure rules for companies with Scope 3 in dispute
The Securities and Exchange Commission (SEC) of the United States has released on Monday its long-awaited draft rule. If the rules are approved by the regulators, companies would be required to disclose their direct and indirect greenhouse gas emissions,
March 16, 2022US carbon markets remain robust while EU allowances prices fluctuate
European Union carbon allowances prices fluctuated during the last three weeks due to rising energy prices and political instability. U.S. carbon credits markets, on the other hand, have not yet been affected by the turbulence.
February 22, 2022A $174 carbon price is needed for global shipping bunker fuels: experts
As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 21, 2022Singapore announces 500% rise in carbon tax from 2024
Singapore will raise its carbon tax by 500% to SG$25 per tonne in 2024, said Lawrence Wong, the city-state’s finance minister, as the government strives to achieve its net zero goal by 2050.
January 24, 2022Australia’s carbon credits price soar 20% as business bets on Labor
As Australia’s federal election approaches, companies are locking in supply of offset agreements several years in advance to prepare for the possibility of a Labor government requiring emission reductions, pushing the forward price of carbon credits to a
January 21, 2022Singapore plans to increase carbon tax in 2022 budget
Singapore's Finance Minister Lawrence Wong has said in parliamentary interpellation that the government plans to raise the carbon tax in its 2022 Budget.