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The result of "carbon tax" is as follows:

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
Indonesia’s Pertamina signs four deals to explore CCS, CCUS partnerships
News

Indonesia’s Pertamina signs four deals to explore CCS, CCUS partnerships

Indonesia's Pertamina signed four agreements to explore potential developments of carbon capture storage projects in the country. The largest economy in Southeast Asia is aiming to accelerate the realization of its renewable energy goals.
July 28, 2023
Koch Modular launches carbon capture demonstration system, aim to lower emission
News

Koch Modular launches carbon capture demonstration system, aim to lower emission

Koch Modular is rolling out a new carbon capture demonstration scale system called Project Enterprise. The project is poised to achieve a remarkable reduction in carbon emissions, expected to be at least 95%.
July 27, 2023
ICVCM set global standards to bring transparency to the voluntary carbon market
News

ICVCM set global standards to bring transparency to the voluntary carbon market

ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.
July 27, 2023
Vietnam considers domestic carbon trading market to promote green transaction
News

Vietnam considers domestic carbon trading market to promote green transaction

The potential for a carbon market in Vietnam is huge. The growing need for efficient exchange and purchase mechanisms has sparked active discussions on establishing a domestic carbon credit exchange.
July 27, 2023
Japan's Sumitomo in pact with UAE’s oil firm for carbon capture project
News

Japan's Sumitomo in pact with UAE’s oil firm for carbon capture project

Japan’s Sumitomo Corporation has signed an initial agreement with UAE’s SNOC to develop a carbon capture project in the Emirates.
July 26, 2023
Indonesia, UK partner to set carbon price ahead of bourse launch in September
News

Indonesia, UK partner to set carbon price ahead of bourse launch in September

Indonesia and the UK signed an implementing arrangement to assist the Southeast Asian country in establishing carbon pricing.
July 25, 2023
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