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The result of "carbon tax" is as follows:

Carbon neutral: How to buy carbon credits (Part I)
Research

Carbon neutral: How to buy carbon credits (Part I)

Companies need to assess carefully whether the carbon credits in which they intend to invest are eligible for future offsets.
March 01, 2023
EU carbon price hits record high, topping €100 per tonne
News

EU carbon price hits record high, topping €100 per tonne

The price of permits on the European Union's carbon market reached 100 euros ($106.57) a tonne for the first time on Feb. 17, reflecting the increased costs that factories and power plants must bear when they pollute.

EUAs are the primary currency in t
February 24, 2023
Indonesia introduces carbon trading scheme for coal power plants
News

Indonesia introduces carbon trading scheme for coal power plants

Indonesia's efforts to decarbonize the country's power generation sector took a significant step forward on Feb. 22 when the government initiated the first phase of mandatory carbon trading for coal-fired power plants.
February 24, 2023
Indonesia’s energy transition continues to face headwinds
News

Indonesia’s energy transition continues to face headwinds

Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.

Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 22, 2023
Amazon funds $1.6 million for carbon-sequestering seaweed farm
News

Amazon funds $1.6 million for carbon-sequestering seaweed farm

Amazon.com has awarded 1.5 million euros ($1.6 million) to a Dutch project testing the feasibility of commercially producing seaweed in between turbines of offshore wind farms, the company and organisers said.
February 21, 2023
Oil-rich Guyana eyes carbon offset as lucrative revenue stream
News

Oil-rich Guyana eyes carbon offset as lucrative revenue stream

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.
February 21, 2023
Denmark grants first CO2 storage licences for North Sea projects
News

Denmark grants first CO2 storage licences for North Sea projects

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.
February 16, 2023
France appeals EU for recognizing nuclear-produced hydrogen
News

France appeals EU for recognizing nuclear-produced hydrogen

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
February 13, 2023
Indonesia to start carbon trading for coal-fired power plants
News

Indonesia to start carbon trading for coal-fired power plants

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.
February 03, 2023
Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
News

Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
February 02, 2023
Taiwan passes climate law amendments to achieve net zero by 2025
News

Taiwan passes climate law amendments to achieve net zero by 2025

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.
February 02, 2023
Analyst predicts EU carbon price to edge higher but risks remain
News

Analyst predicts EU carbon price to edge higher but risks remain

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.
January 30, 2023
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