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The result of "carbon tax" is as follows:

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
Low-carbon rice production could help Vietnam meet 2030 emission target
News

Low-carbon rice production could help Vietnam meet 2030 emission target

According to a new World Bank report, low-carbon rice production offers great potential for Vietnam to achieve its target of reducing methane emissions by 30% by 2030 while improving the competitiveness of a strategic export product.
September 26, 2022
New KARB ETF opens door to global compliance carbon markets
News

New KARB ETF opens door to global compliance carbon markets

Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.
September 22, 2022
South African businesses propose revisions to carbon tax rates
News

South African businesses propose revisions to carbon tax rates

The Energy Council of South Africa and other business representatives have jointly proposed recommendations to South African government for the country’s carbon tax scheme under the draft Taxation Laws Amendment Bill.
September 21, 2022
US climate bill gives big boost to South Korean clean-energy firms
News

US climate bill gives big boost to South Korean clean-energy firms

South Korean clean energy companies become major winners from Washington's sweeping climate law as they benefit from tax credits and a shift away from China.
August 23, 2022
EU carbon prices hit record high as drought strains energy supply
News

EU carbon prices hit record high as drought strains energy supply

EU carbon prices in the EU’s emissions trading system rose to an all-time high above 99 euros a tonne on Aug. 19, due to a cut to auction supply in August and a significant increase in demand.
August 22, 2022
Meet the world’s first carbon negative country – Bhutan
News

Meet the world’s first carbon negative country – Bhutan

Bhutan is not only the happiest country, but also the first carbon negative country in the world. With 70% of the nation’s land covered by forest, Bhutan is able to absorb more carbon dioxide than it emits.
August 18, 2022
India speeds up on green energy transition
News

India speeds up on green energy transition

India has increased its investments in renewable energy in recent years. Traditional energy sources that rely on hydrocarbon resources are being replaced with green energy including solar, wind, and hydrogen. The impact may be slow, but a huge disruption
August 17, 2022
Malaysian stock exchange to launch voluntary carbon market
News

Malaysian stock exchange to launch voluntary carbon market

Bursa Malaysia will launch a voluntary carbon market (VCM) by the end of 2022. This will help increase transparency and enable companies to purchase carbon credits to offset their emissions.
August 16, 2022
Small-scale landowners can benefit from forest carbon offset
News

Small-scale landowners can benefit from forest carbon offset

Small privately or family-owned forest land accounts for the largest share of the U.S. forestland, at 39%. Yet, the majority of these land have difficulty participating in the carbon offset marke
August 14, 2022
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