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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 20, 2023

Scramble for African forests looming for carbon credits

The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 19, 2023

UK to launch carbon brooder tax on imports by 2027

Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.
December 19, 2023

Japan eyes ammonia as critical strategic energy source

It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.
December 15, 2023

Taiwan greenlights sales of self-generated PV power to electricity retailers

The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users. The policy change is estimated to contribute an
December 15, 2023

Unilever investigated in UK over greenwashing

Unilever is facing an investigation by the UK regulatory authority, for alleged "greenwashing." The company is accused of exaggerating its “environment-friendly” products through tactics such as the use of green leaf patterns and vague language.
December 12, 2023

More companies set internal prices to manage carbon risk

COP28 has officially concluded. While the global carbon price is not set to be standardized, the concept of "carbon pricing" has begun to ferment. Governments and large corporations alike have established carbon pricing mechanisms.
December 12, 2023

Taiwan exchange set to kick off trading for first batch carbon credits

The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent.
December 11, 2023

2023 DJSI is out: 24 Taiwan companies are listed in 2 indexes

The latest results of the Dow Jones Sustainability Indices (DJSI), the highest honor for corporate ESG performance, were announced on 8th December. Taiwan has added four new companies to the list.

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