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Australia’s renewable energy output hit record level, helping extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.

Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.

Analysts have raised their average price forecasts for EU carbon permits for the next three years after the EU gave green light to the bloc’s carbon market reforms.

In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.

Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).

A growing number of multinational and large local companies are committing to become carbon neutral. While such a move has yet to be mandated by the government, a major multinational firm last year signed a Memorandum of Understanding (MoU) with Foxwell P

Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb

The rapid rise of atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide has been continuing in 2022, observed the US National Oceanic and Atmospheric Administration (NOAA) scientists, with methane levels in the atmosphere more than two and

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.

In recent years, carbon markets have gained increasing attention from governments, corporations, and investors. In Southeast Asia, Thailand and Malaysia have established voluntary carbon credit trading platforms and exchanges in 2022.

Swedish fashion brand H&M has partnered with carbon capture company LanzaTech to create garments made from captured emissions and combining them with the brand’s own DryMove technology—a trademarked material that is designed to pull away moisture from the

A number of big companies decided to create in-house carbon credits despite criticisms against offsets.