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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.

In line with measures announced by the EU, the UK also plans to implement a carbon border tax starting from 2026.

Singapore set out the eligibility criteria governing international carbon credits that companies can purchase to offset their taxable carbon emissions.

The Indonesian government is still working on finalizing its carbon tax regulation, which aims to anticipate the EU’s CBAM that will be fully implemented in 2026.

EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.

Reccessary brought together roughly 50 professionals from manufacturing, energy, and financial service sectors, as well as the consulting industry in Taipei on Sept. 13 to navigate the path to a sustainable supply chain.

It is now impossible to ask China to set the same carbon price as the EU, as the two sides' carbon prices were set under different development conditions and emission goals, said a Chinese climate official, who also criticized EU's new carbon tariff as "u

India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.

Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).