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Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.

The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).

The trading volume of China’s national carbon market hit 194 million tonnes, with a cumulative turnover of 8.49 billion yuan (US$1.26 billion), since its launch on July 16, 2021, the data released by Shanghai Environmental and Energy Exchange showed.

New Frontier Markets (NFM), a technology company devoted to providing access to the new low-carbon economy, announced on July 12 its launch of a blockchain platform for voluntary carbon credits. The company expects that the platform to be broadly in use i

Gabon, a country located on the west coast of Africa, is planning the world’s biggest carbon credits issuance ever, involving 187 million carbon credits with almost half of them to be sold on the offsets market.

In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir

Chanel has spent US$25 million in carbon credit offsets, which have cut or eliminated 6.9 million metric tonnes of carbon emissions every year, according to the French luxury brand’s Mission 1.5 climate report.

A record number of firms are committing to and adopting science-based climate targets, according to a recent report released by the Science-Based Objectives Initiative (SBTi), the global organization that encourages firms to set science-based emissions re