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Global
January 05, 2024
Taylor Swift raises concerns over carbon emissions from frequent travels
American musician Taylor Swift has been taking the world by storm with her successful Eras tour, but critics are raising concerns about the negative impact on the environment due to her frequent air travel.
January 02, 2024Food producers switch to greener fertilizers to cut carbon footprints
Global leading food and drinks producers are rushing to reduce carbon footprint by tackling one of the hidden culprits of emissions in value chains: fertilizers.
December 26, 2023Carbon credit futures fall 90% as major buyer shun the market
Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 25, 2023UK’s new CCUS Vision to create competitive carbon capture market
The UK government announced its new vision to create a carbon capture market by 2035. The plan, called the CCUS Vision, outlines a competitive UK carbon capture, usage and storage market aimed at generating new jobs and supporting its net zero goal.
December 05, 2023IMF sees high carbon price as best incentive for decarbonization
The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.
November 30, 2023World’s richest 12 people have same carbon footprint as 2 mln homes
Superyachts, private jets and financial investments of 12 of the world’s wealthiest people are accountable for generating annual energy emissions equivalent to 2.1 million homes, according to a report.
November 29, 2023Virgin Atlantic’s first 100% SAF flight showcase the potential of low carbon options
A Virgin Atlantic passenger jet powered by 100% sustainable aviation fuel (SAF) successfully completed a London-to-New York jaunt on November 28 to showcase the potential of low-carbon options that make up a tiny fraction of the industry's fuel mix.
November 17, 2023EU to auction 244 million carbon permits from Jan-Aug 2024
European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.
November 17, 2023UK plans to introduce carbon border tax in 2026 following EU’s CBAM
In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.
November 10, 2023Apple says it does not pass on costs of carbon reduction to consumers
Apple does not charge more to account for its carbon reduction efforts in its consumer technology products, said Lisa Jackson, the vice president of Environment, Policy and Social Initiative.