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In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir

Indonesia’s carbon tax scheme, which was set to go into force in July, could be postponed due to global economic volatility and to give authorities time to prepare, according to a government official.

Air Liquide, a French supplier of industrial and medical gases, announced on Wednesday that it has inked its largest long-term power purchase agreement (PPA) to date with energy company Vattenfall.

Carbon dioxide emissions from cement production have doubled in the last 20 years, according to emissions scientist Robbie Andrew of Norway’s Centre for International Climate and Environmental Research (CICERO).

The European Parliament on Wednesday endorsed the long-anticipated carbon market reforms, easing worries that Europe’s climate actions might be delayed after legislators rejected the proposals in a first vote earlier this month.

The International Air Transport Association (IATA) unveiled on Sunday the ‘IATA CO2 Connect’, an online service that provides airlines, travel agents, corporate organizations, and passengers with accurate carbon emission calculations.

Spanish fast fashion brand Zara last week released a series of limited clothing collection and drew public attention with one pink dress sourcing in part from collected carbon emissions. The launch marks one of the company’s steps toward a more sustainabl

Chanel has spent US$25 million in carbon credit offsets, which have cut or eliminated 6.9 million metric tonnes of carbon emissions every year, according to the French luxury brand’s Mission 1.5 climate report.

To mitigate climate crisis, countries around the world should team up to reduce methane emissions and stabilize global energy market in the aftermath of Russia’s invasion of Ukraine, US President Joe Biden said on Friday on a meeting of more than 20 of th

Australia’s new Labor government upped its 2030 carbon-cutting target on Thursday, bringing the country closer in line with other developed economies’ climate pledge.

The New Zealand Government held on Wednesday its second carbon allowance auction for the year, auctioning 4.825 million tonnes of carbon credits on the NZX-EEX platform. Due to the strong demand, the prices went up to 76 New Zealand dollars per tonne, up

After the European Parliament voted down the key parts of carbon market reform, France, the holder of the EU rotating presidency, plans to ask the bloc to enhance a mechanism to prevent excessive carbon price spikes as part of the most comprehensive refor