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Guyana, which has pioneered offshore oil exploration, is leveraging its inland forests to access carbon markets, a business that the government sees as more profitable than mining or agriculture, Vice President Bharrat Jagdeo said.

The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.

France is spearheading a campaign to have the European Union acknowledge low-carbon hydrogen produced by nuclear power in its renewable energy rules, but some member states are opposed to the notion, fearing it will undermine efforts to quickly scale up w

In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.

Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.

Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.

Analysts have revised up their average price forecasts for EU carbon permits for the next three years in anticipation of improving economies in Europe as energy prices fall from record highs.

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).

A review of Australia’s controversial carbon credit system has recommended significant changes to how it is managed, but rejected claims that the scheme lacks integrity and is not delivering real cuts in greenhouse gas emissions.

Forests in New South Wales are continuing to be cleared to a point that some could become net carbon emitters in coming decades, according to a report released in December by the New South Wales’ Natural Resource Commission.

Europe’s carbon market and national scheme for heating and transport brought Germany a record 13.2 billion euros in 2022, the Federal Environment Agency (UBA) said on Tuesday.