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The result of "carbon tax" is as follows:

Indonesia Stock Exchange signs MoU with green fintech to establish carbon trading platform
News

Indonesia Stock Exchange signs MoU with green fintech to establish carbon trading platform

The Indonesia Stock Exchange (IDX) is set to work with MetaVerse Green Exchange (MVGX), a Singapore-based digital green exchange, to develop its first carbon credit trading platform in a bid to incentivize domestic high-emitting industries to reduce their
November 07, 2022
Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
News

Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture

While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
November 02, 2022
Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
News

Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment

According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 31, 2022
Iberia rolls out carbon offset programme for customers
News

Iberia rolls out carbon offset programme for customers

Spanish airline Iberia has launched the CO2labora, a new carbon offsetting scheme, allowing customers to support two certified climate projects through carbon offsetting.
October 27, 2022
Washington state will earn more revenue from carbon auctions than predicted
News

Washington state will earn more revenue from carbon auctions than predicted

Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
October 21, 2022
Australia to pour billions of dollars into renewable energy projects
News

Australia to pour billions of dollars into renewable energy projects

Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.
October 20, 2022
CCS facilities under development worldwide grows 44% in 2022
News

CCS facilities under development worldwide grows 44% in 2022

Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.
October 19, 2022
Buying carbon credit could curb company’s climate efforts, warns UK advisers
News

Buying carbon credit could curb company’s climate efforts, warns UK advisers

Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 13, 2022
London Stock Exchange introduces listing rules for carbon offset
News

London Stock Exchange introduces listing rules for carbon offset

The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
October 12, 2022
Wood Mackenzie: Decarbonizing iron and steel industry requires $1.4 trillion investment
News

Wood Mackenzie: Decarbonizing iron and steel industry requires $1.4 trillion investment

Decarbonizing the iron and steel industry requires $1.4 trillion of investment, of which $250 billion is for carbon credits, according to Wood Mackenzie’s latest report, Pedal to the Metal: Iron and steel’s $1.4 trillion shot at decarbonization.
October 05, 2022
Malaysia to become major carbon market in Asia: McKinsey
News

Malaysia to become major carbon market in Asia: McKinsey

Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
October 03, 2022
Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms
News

Lifecycle emissions from cars nearly carbon-heavy per euro as oil firms

A study by environmental NGO Transport & Environment shows that lifetime carbon emissions of a car are so high that investing in carmakers funds almost as much as carbon dioxide per euro as investing in an oil company.
September 30, 2022
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