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February 21, 2024
Taiwan's carbon fee exemption sparks debate as government, industry, academia urge fair competition
A forum titled “Carbon Levy and Sustainable Governance” took place on Feb. 20 in Taipei to facilitate exchanges among industry, government, academia, and research institutes on the topic of carbon pricing.
January 25, 2024Analysts lowered EU carbon price forecasts due to weak power sector demand
Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026, predicting that weak demand from power plants and sluggish industrial demand will impact the market.
December 22, 2023Germany 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 12, 2023More 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 05, 2023IMF 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 17, 2023UK 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.
September 26, 2023Indonesia launches first carbon exchange, traded at price of $4.51 per unit
Indonesia launched its first carbon emissions trading market to curb the climate impact of its coal-dominated power sector.
August 17, 2023China’s carbon price hits record as power generators rush for permits
China’s carbon price continues to rise, setting a fresh record on Aug. 11 as Beijing pushes power generators to obtain sufficient permits for the year.
July 31, 2023Supply shortages, poor data quality are main barriers for China’s carbon market
Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.
July 25, 2023Indonesia, UK partner to set carbon price ahead of bourse launch in September
Indonesia and the UK signed an implementing arrangement to assist the Southeast Asian country in establishing carbon pricing.