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The result of "carbon tax" is as follows:

Australian climate advisers recommend establishment of national carbon market
News

Australian climate advisers recommend establishment of national carbon market

Australia’s Climate Change Authority recently suggested Australia establish a transparent national carbon market and hint at integrating voluntary and compliance carbon markets.
August 11, 2022
Voluntary carbon market worth $2 billion now
News

Voluntary carbon market worth $2 billion now

The voluntary carbon market (VCM) now has a real worth of $2 billion, with prices of up to 170 forms of carbon credits on the rise, according to a recent Ecosystem Marketplace (EM) report.
August 09, 2022
Petronas signs MoU with South Korea businesses to develop CCUS
News

Petronas signs MoU with South Korea businesses to develop CCUS

Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s
August 05, 2022
American BioCarbon’s biochar is now certified carbon removal tool
News

American BioCarbon’s biochar is now certified carbon removal tool

American BioCarbon, a manufacturer of bio-energy products made from sugarcane bagasse, has have its biochar successfully verified by Puro.earth as a carbon removal tool.
August 04, 2022
Amazon’s carbon emissions increase 18% last year driven by pandemic shopping
News

Amazon’s carbon emissions increase 18% last year driven by pandemic shopping

Amazon emitted 71.54 million tonnes of carbon emissions in 2021, up 18% from 2020 and a jump of 40% from 2019, according to its sustainability report issued Monday.
August 03, 2022
Taylor Swift, Drake, the Kardashians criticized for the biggest private jet emitter
News

Taylor Swift, Drake, the Kardashians criticized for the biggest private jet emitter

Marketing and analytics agency Yard recently published a list naming the celebs with the worst private jet carbon emissions based on the purported use of their privately owned jet planes since the start of the year by examining flight tracking maps.
August 02, 2022
Cambodia earns $11.6 million from selling carbon credits
News

Cambodia earns $11.6 million from selling carbon credits

Cambodia has earned $11.6 million from 2016 to 2020 by selling carbon credits in the global voluntary carbon market.
August 01, 2022
Canadian city of New Westminster earns $26 million from selling low-carbon credits
News

Canadian city of New Westminster earns $26 million from selling low-carbon credits

The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).
July 29, 2022
Disney VIP tour will emit 6.2 tonnes carbon for each traveler
News

Disney VIP tour will emit 6.2 tonnes carbon for each traveler

Disney has launched a 24-day, US$110,000 all-in-one elite tour package that comes with 6.2 tonnes of carbon emissions for each customer, 20 times more than a person’s carbon emissions in a low-income country in a year.
July 27, 2022
Tesla's carbon credit sales fall 49% in Q2
News

Tesla's carbon credit sales fall 49% in Q2

Tesla’s carbon credits revenue came in at $344 million in Q2, down 49% from $679 million in Q1, and a 3% decline from the same period in 2021.
July 21, 2022
Airbus teams up with major airlines to develop carbon removal plan
News

Airbus teams up with major airlines to develop carbon removal plan

European airplane manufacturer Airbus and several major airlines, including Air France-KLM, International Airlines Group, Lufthansa Group, and Virgin Atlantic, signed letters of intent to explore opportunities for the future supply of carbon removal credi
July 20, 2022
China’s carbon market trading hits 194m tonnes in one year, becoming world’s largest
News

China’s carbon market trading hits 194m tonnes in one year, becoming world’s largest

The trading volume of China’s national carbon market hit 194 million tonnes, with a cumulative turnover of 8.49 billion yuan (US$1.26 billion), since its launch on July 16, 2021, the data released by Shanghai Environmental and Energy Exchange showed.
July 19, 2022
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