News

To enhance industrial competitiveness, carbon tariffs have recently become a focal point for both Taiwan and Australia.

On May 22, the European Parliament voted in favor of proposed amendments to the Carbon Border Adjustment Mechanism (CBAM), originally introduced by the European Commission in February.

Canada's federal election will take place on April 28, with a new Prime Minister set to be elected. This election has seen energy issues come to the forefront, largely due to repeated threats from U.S. President Donald Trump.

Western climate policy rollbacks are raising concerns about setbacks to Southeast Asia’s energy transition, as reduced financing and weaker climate accountability could slow progress across the region.

Asia-Pacific’s leading annual carbon market event, Carbon Forward Asia 2025, will be held in Singapore from March 4 to 5, bringing together experts from across the region to discuss ASEAN’s carbon markets, emerging opportunities.

The EU's CBAM, designed to address carbon leakage, has unintentionally hurt domestic exporters as well. EU officials recently indicated that they would assist exporters in coping with the impact.

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.

The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.

EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.