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The result of "carbon tax" is as follows:

Carbon reduction for businesses - Internal carbon pricing
Research

Carbon reduction for businesses - Internal carbon pricing

According to the Carbon Disclosure Project (CDP), more than 1,200 companies worldwide have adopted internal carbon pricing to date, with an annual growth rate of over 10%.
August 26, 2023
Indonesia issues regulations for operation of its first carbon exchange
News

Indonesia issues regulations for operation of its first carbon exchange

Indonesia's Financial Services Authority (OJK) has released a series of rules for the establishment of a carbon exchange, with the goal of launching an onshore carbon trading market by the year-end.
August 25, 2023
U.S proposes tariffs on solar panels from Southeast Asia to punish China’s trade violations
News

U.S proposes tariffs on solar panels from Southeast Asia to punish China’s trade violations

Starting June 2024, the U.S. will impose a 254% tax on Chinese solar panel manufacturers in Southeast Asia, unless they can prove key components are not from China.
August 24, 2023
Japan’s Kureha, Brazil’s Petrobras team up on offshore carbon capture
News

Japan’s Kureha, Brazil’s Petrobras team up on offshore carbon capture

Japanese chemical manufacturer Kureha is collaborating with Brazil's Petrobras to develop carbon capture at offshore oil rigs. Both hope to create a new way to capture the greenhouse gas and utilize it to make various valuable products, such as batteries
August 24, 2023
Vietnam’s e-commerce urged to go green to reduce carbon footprint
News

Vietnam’s e-commerce urged to go green to reduce carbon footprint

The Vietnam E-commerce Index 2023 report highlights that the online retailer has two main stages that negatively affect the environment, including delivery and the packaging. Experts are advocating for a change in the e-commerce towards rapid development
August 22, 2023
Vietnam establishes agricultural carbon footprint monitoring system for the first time
News

Vietnam establishes agricultural carbon footprint monitoring system for the first time

Vietnam's Ministry of Agriculture introduced for the first time the electronic traceability system for tracing the origin and carbon footprint of each dragon fruit produced in Binh Thuan province.
August 22, 2023
China’s carbon price hits record as power generators rush for permits
News

China’s carbon price hits record as power generators rush for permits

China’s carbon price continues to rise, setting a fresh record on Aug. 11 as Beijing pushes power generators to obtain sufficient permits for the year.
August 17, 2023
The huge potential and viability of carbon credit trading in ASEAN
News

The huge potential and viability of carbon credit trading in ASEAN

ASEAN holds vast potential for generating carbon credits, given the region’s rich biodiversity and renewable energy sources. Climate experts suggest that member countries should collectively commit to a timeline for implementing regionwide carbon trading.
August 15, 2023
UK government to invest £20bn for CCS project in Scotland
News

UK government to invest £20bn for CCS project in Scotland

UK announced an investment of £20 billion for the development of carbon capture, utilization, and storage projects in Scotland and the Humber.
August 02, 2023
Supply shortages, poor data quality are main barriers for China’s carbon market
News

Supply shortages, poor data quality are main barriers for China’s carbon market

Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.
July 31, 2023
Google reports strong progress with 24/7 carbon-free operation goal
News

Google reports strong progress with 24/7 carbon-free operation goal

Google published report that highlights the significant progress the company has made in achieving 24/7 carbon-free operations.
July 31, 2023
Honeywell offers CCUS solutions to carbon-intensive industry in Indonesia
News

Honeywell offers CCUS solutions to carbon-intensive industry in Indonesia

In order to meet Indonesia's carbon capture regulations, Honeywell provides a full suite of Carbon Capture, Utilization and Storage solutions to support high carbon emission industries.
July 31, 2023
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