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

China’s National Development and Reform Commission (NDRC) unveiled a new road map last Wednesday stating that the government plans to double wind and solar capacity by 2025 while granting licenses for more coal-fired power plants to bolster energy securit

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).

Denmark and the United Kingdom are among “a handful of countries” on track to achieve net-zero emissions by 2050, while South Asian and Southeast Asian countries like Bangladesh, Vietnam, Myanmar, and India lag, according to the Environmental Performance

Japan Electric Power Exchange (JEPX) plans to create a scheme by 2023 to certify the origin of green energy, aiming at identifying the types and locations of renewable power plants, Nikkei reported in May.

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.

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

MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.

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.

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.