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Finance
January 23, 2024
China’s national voluntary carbon credit market resumes operations
China has relaunched its long-stalled voluntary carbon offset market, providing funding to projects with the potential to restrain emissions but facing challenges in generating profits.
January 12, 2024
How green manufacturing can maximize profitability
Japanese data communications company NTT DATA and Business Weekly co-organized an ESG forum on Jan. 11 in Kaohsiung to explore pathways for Taiwan’s manufacturing industry to align with the global net-zero trend.
December 22, 2023
Germany approves 50% hike in its carbon price next year
On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 21, 2023
Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator
As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 05, 2023
IMF sees high carbon price as best incentive for decarbonization
The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.
November 22, 2023
Demand for carbon-related insurance is growing, say experts
Where investors see risks in buying carbon credits that might not live up to their promise, insurers are seeing opportunity.
November 17, 2023
EU to auction 244 million carbon permits from Jan-Aug 2024
European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.
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.