November 17, 2023

UK 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, 2023

Apple 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.
November 01, 2023

BloombergNEF expects global carbon market hits $800 billion in 2023

Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.
October 11, 2023

Tokyo Stock Exchange kicks off carbon credit trading to accelerate decarbonization

The Tokyo Stock Exchange began trading carbon credits, a key element in the world's fifth-largest CO2 emitter Japan's strategy to address climate change.
September 25, 2023

Tokyo Stock Exchange to launch carbon credit trading on October 11

Tokyo Stock Exchange will begin trading carbon credits on October 11, launching Japan's first exchange-based carbon market as the world's fifth-largest emitter moves to address climate change.
September 19, 2023

Amazon makes first investment in DAC technology

Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.
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 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 21, 2023

Tanzania carbon credit projects draw $20B: the growing value of Africa

Voluntary carbon market is gaining momentum in Africa, with Tanzania revealing that it will receive over $20 billion investment for carbon offset credits.

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