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News
May 24, 2023
Vietnam to launch carbon trade exchange in 2028
Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.
May 12, 2023
Indonesia to launch carbon exchange in H2
Indonesia’s financial regulator said on May 5 that the government plans to launch a carbon exchange in the second half of this year, as part of efforts to boost renewable energy use and achieve net-zero emissions by 2060.
May 11, 2023
China completes first online trade for 1,000 tons of liquified CO2
China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.
April 27, 2023
Carbon trading market to reach USD 479 million by 2030
In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.
April 25, 2023
Taiwan to start collecting carbon fees from second half of 2024
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).
March 29, 2023
Carbon allowance sales up 9% to $63 billion
A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
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.
December 12, 2022
Bursa Malaysia launches first Shariah-compliant carbon trading platform
Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.
November 28, 2022
Hong Kong’s new carbon marketplace completes 40 trades
The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to
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.