News

Germany is set to reform its electricity market design as it moves to decarbonise its power sector. In a paper outlining fields of action, the economy ministry (BMWK) presented reform options for the market elements of renewables support.

To accelerate reaching peak carbon emissions by 2030, China is gradually transitioning its carbon reduction targets from an economic growth-based approach to a total emission control system, marking a shift from past methods.

The purchase of blue carbon credits should only be considered if directly remediating environmental damage is not possible, experts say.

With the 2024 Euros and Paris Olympics vowing to be greener, the focus shifts to the challenges of cutting emissions from major sporting events.

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.

Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.

The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced the first batch of carbon credit methodologies to pass their review.

Minister of Economic Affairs Kuo Chih-hui (郭智輝) reviewed Taiwan’s current power supply as soon as he assumed office, assuring that there would be sufficient power supply by 2030.

To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel

Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.