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The two parties of the US Congress are currently discussing a potential bipartisan energy and climate bill, including the possibility of imposing a levy on carbon-intensive products entering the country, according to local media.

Senior members of the European Parliament’s environment committee have reached initial agreement on a plan to restrict market speculators’ access to the European carbon market, as well as to tighten the carbon market by pushing for a 67% cut in emissions

Levels of carbon dioxide in the atmosphere reach the highest on record for any calendar month during April, according to the Scripps Institution of Oceanography’s data.

The global payments technology company Visa, together with Carbonplace, a carbon credit settlement platform, has developed a carbon credit system and has conducted a successful pilot transfer.

The global recession fears have spread to the European carbon market and led to a 5% decline in prices although there are no new dangers of an escalation in the Ukraine war or the impasse between the European Union and Russia over its fossil fuels.

To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early

China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.

Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.

The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its

High Hopes Lab, an Israeli startup, has joined the fight against climate crisis by developing carbon-capture balloons that it said will become the world’s first affordable, scalable technique of capturing carbon dioxide from the atmosphere.

In a recent report, the Reserve Bank of India (RBI) pushed for technological intervention to address carbon emissions from the cement industry to help India meet its net-zero emission targets.

As high gas prices push electricity generators to use more coal-fired power, analysts have upped their European carbon market average price forecasts for 2024, but have cautioned that the Russia-Ukraine conflict might stifle industrial activity and decrea