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Carbon Pricing

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 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
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.
May 19, 2023

India to confront EU Carbon Tax at WTO

India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.
May 12, 2023

Indonesia to launch carbon exchange in H2

Indonesia’s financial regulator said on May 5 that the government plans to launch a carbon exchange in the second half of this year, as part of efforts to boost renewable energy use and achieve net-zero emissions by 2060.
May 04, 2023

Elon Musk's private jet emits more than 2,000 tons of carbon

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.
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).
April 13, 2023

European aviation warns of €‎800bn bill to reach net zero

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.
February 02, 2023

Taiwan passes climate law amendments to achieve net zero by 2025

Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
January 12, 2023

Carbon pricing could raise $7-B revenues in the Philippines: IMF

The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
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