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Finland could be subject to billions of euros in costs as the diminishing capacity of forests as a carbon sink has undermined its effort to meet the sink target set by the EU.

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.

A platform developed by Swiss university of Geneva that allows consumers to track the variations in the composition of the electricity mix used and to calculate the carbon footprint has come online.

EU member states and parliamentarians on Sunday reached a political deal to reform the bloc's carbon market, the key policy of its ambitions to cut emissions and invest in climate-friendly technologies.

The New Zealand government raised the country's 2023 Emissions Trading Scheme (ETS) carbon allowance price and volume settings on December 15 to levels significantly below those advised by its national climate body.

The European Union took a step forward to imposing a carbon tax on imports of energy-intensive goods such as steel and cement after striking a deal with EU members on Tuesday.

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.

Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.

Scientists at the University of Surrey have developed a new technology to convert CO2 captured from the atmosphere into useful chemicals such as carbon monoxide and synthetic natural gas.

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.