News
News
January 16, 2023
MEPs to vote on key EU ETS reforms in February
The European Parliament’s environment committee may vote on key reforms of the EU ETS in February, with a parliamentary vote due in March, MEP Pieter Liese said on Thursday.
January 12, 2023
Carbon pricing could raise $7-B revenues in the Philippines: IMF
The introduction of carbon pricing in the Philippines could raise around $7 billion in revenues by 2030, according to a report released by the International Monetary Fund (IMF).
December 26, 2022
China’s ETS trading volume crosses 10 billion yuan mark
China’s national emissions trading scheme (ETS), the world’s largest carbon market covering a seventh of emissions globally, hit 10 billion yuan (US$1.4 billion) in total transactions on Thursday.
November 14, 2022
EU agrees stronger carbon price control
The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
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