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Members of the European Parliament (EP) last week rejected proposals to include marine and road transport in the EU Emissions Trading Scheme (ETS). On the other hand, a proposal to expand its carbon market to all departing flights was approved.

US retail giant Walmart announced last week that it is testing three types of renewable energy to power its fleet, aiming to save energy and lower emissions.

Canada unveiled on Wednesday its first federal carbon market, enabling governments, businesses and other organizations to offset their carbon dioxide emissions by purchasing credits.

Singapore will introduce a carbon credit program for sustainable aviation fuels in July, providing businesses and travelers with the option of paying additional costs to cut their carbon footprint when flying and transporting goods by air.

Due to rising energy prices and public criticism, the Austrian government is considering delaying the implementation of carbon tax until October, reported Euractiv.

Carbon dioxide in the atmosphere peaked more than 50% higher than pre-industrial levels in May, comparable to levels observed around 4 million years ago, according to the National Oceanic and Atmospheric Administration (NOAA).

The Carbon Credit Quality Initiative (CCQI) this week released a new interactive tool to rate the quality of various forms of carbon credits. The free online CCQI Scoring Tool is designed to help buyers in the expanding carbon credit market to make inform

The United States Navy plans to get 100% of its electrical power needs from carbon-free sources by 2030, with at least 50% coming from local power generation and on-base generation.

European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.

In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.

Global carbon pricing revenue reached US$84 billion in 2021, almost 60% higher than in 2020, providing an important source of funding to support a long-term economic recovery, finance broader fiscal reforms, and invest in communities, according to the Wo

The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.