News
News
November 08, 2022
Analysts slash EU carbon price forecasts on weak economies, increased supply
Analysts have cut their average price forecasts for EU carbon permits for the next two years in the sign that weak economies will hit Europe and lead to lower industrial output, while the European Commission readies an increase in permit supply.
October 31, 2022
Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 21, 2022
Washington state will earn more revenue from carbon auctions than predicted
Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
August 22, 2022
EU carbon prices hit record high as drought strains energy supply
EU carbon prices in the EU’s emissions trading system rose to an all-time high above 99 euros a tonne on Aug. 19, due to a cut to auction supply in August and a significant increase in demand.
July 21, 2022
Tesla's carbon credit sales fall 49% in Q2
Tesla’s carbon credits revenue came in at $344 million in Q2, down 49% from $679 million in Q1, and a 3% decline from the same period in 2021.
July 14, 2022
Temasek raises internal carbon price to US$50, aiming US$100 by 2030
In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
