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The lower house of India’s parliament on August 9 passed a bill to increase the use of renewable energy and make industrial polluters pay a price for the carbon they emit, marking another step toward its climate goals.

Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.

The voluntary carbon market (VCM) now has a real worth of $2 billion, with prices of up to 170 forms of carbon credits on the rise, according to a recent Ecosystem Marketplace (EM) report.

Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s

American BioCarbon, a manufacturer of bio-energy products made from sugarcane bagasse, has have its biochar successfully verified by Puro.earth as a carbon removal tool.

Amazon emitted 71.54 million tonnes of carbon emissions in 2021, up 18% from 2020 and a jump of 40% from 2019, according to its sustainability report issued Monday.

Marketing and analytics agency Yard recently published a list naming the celebs with the worst private jet carbon emissions based on the purported use of their privately owned jet planes since the start of the year by examining flight tracking maps.

Cambodia has earned $11.6 million from 2016 to 2020 by selling carbon credits in the global voluntary carbon market.

The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).

Disney has launched a 24-day, US$110,000 all-in-one elite tour package that comes with 6.2 tonnes of carbon emissions for each customer, 20 times more than a person’s carbon emissions in a low-income country in a year.

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.

The Science Based Targets Initiative (SBTi) provides a scientifically grounded framework that helps companies reduce greenhouse gas (GHG) emissions, aligning their decarbonization pathways with global climate goals.