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The result of "carbon tax" is as follows:

Carbon footprints of Bitcoin mining surge 126-fold in five years
News

Carbon footprints of Bitcoin mining surge 126-fold in five years

Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa
December 08, 2022
Qatar World Cup criticized for its gigantic carbon footprint
News

Qatar World Cup criticized for its gigantic carbon footprint

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.
December 06, 2022
Study finds way to generate chemicals from captured carbon dioxide
News

Study finds way to generate chemicals from captured carbon dioxide

Scientists at the University of Surrey have developed a new technology to convert CO2 captured from the atmosphere into useful chemicals such as carbon monoxide and synthetic natural gas.
December 02, 2022
EU readies carbon removal certification mechanism to help tackle climate change
News

EU readies carbon removal certification mechanism to help tackle climate change

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.
November 30, 2022
Google, Microsoft purchase more renewable energy for datacenters
News

Google, Microsoft purchase more renewable energy for datacenters

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.
November 29, 2022
Hong Kong’s new carbon marketplace completes 40 trades
News

Hong Kong’s new carbon marketplace completes 40 trades

The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to
November 28, 2022
Integrity issues of Australia’s carbon credits system undermine transparency, new report finds
News

Integrity issues of Australia’s carbon credits system undermine transparency, new report finds

Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.
November 24, 2022
125 billionaires emit as much CO2 as whole France
News

125 billionaires emit as much CO2 as whole France

Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.
November 17, 2022
Australian carbon trading volumes jump 50% as corporates place bets ahead of review
News

Australian carbon trading volumes jump 50% as corporates place bets ahead of review

Australia’s carbon trading market has been booming over the past week with traded volumes leaping more than 50%, as big corporates race to secure offsets ahead of Labor’s pending industrial emissions reforms.
November 16, 2022
EU agrees stronger carbon price control
News

EU agrees stronger carbon price control

The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
November 14, 2022
France launches decarbonization strategy to slash maritime sector's carbon footprint
News

France launches decarbonization strategy to slash maritime sector's carbon footprint

France has unveiled a plan aimed at reducing the carbon footprint of the shipping industry over the next seven years. Boosted by funding of 300 million euros, the industry is looking towards a greener future with the objective of building a zero emission
November 10, 2022
Analysts slash EU carbon price forecasts on weak economies, increased supply
News

Analysts slash EU carbon price forecasts on weak economies, increased supply

Analysts have cut their average price forecasts for EU carbon permits for the next two years in the sign that weak economies will hit Europe and lead to lower industrial output, while the European Commission readies an increase in permit supply.
November 08, 2022
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