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Carbon Pricing
June 10, 2025
Singapore’s carbon tax revenue falls short of expectations after sharp rate increase
The Singaporean government estimates that the 2024 carbon tax will generate SGD 640 million (about USD 497 million), more than 30% below the original projection.
June 10, 2025Australia urged to lead regional carbon tariff initiative in Asian CBAM
To enhance industrial competitiveness, carbon tariffs have recently become a focal point for both Taiwan and Australia.
May 23, 2025Updated: European Parliament supports CBAM amendments
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.
May 20, 2025UK, EU agree to link carbon trading systems to ease trade barriers
UK and EU reached an agreement to establish a framework compatible with their respective Emissions Trading Systems (ETS) on May 19, which includes defining CBAM exemptions and mutual recognition of emission allowances.
April 14, 2025IMO reaches initial deal on first global shipping carbon pricing
The United Nations’ International Maritime Organization (IMO) on April 11 reached a historic deal on the world’s first carbon pricing mechanism for the shipping industry.