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A total surplus of 1.2 billion metric tons of carbon credits might flood the carbon market at short notice, according to an analyst from London-based Trove Research.

India, one of the world’s largest exporters of carbon credits, plans to launch its own uniform carbon market in a year as a major source of funding for energy transition and emission reduction projects.

Carbon dioxide emissions covered by the UK’s emissions trading scheme (ETS) in the first year of operation in 2021 were 107.8 million tonnes, according to the UK ETS Authority.

The Oversea-Chinese Banking (OCBC) and the Metaverse Green Exchange (MVGX), a Singapore-based green digital asset marketplace, announced on Monday that they are joining forces to take climate action.

Shell aims to retire 120 million tonnes carbon dioxide equivalent of carbon credits in 2030, roughly 20 times the amount it did in the coronavirus pandemic-affected year of 2021.

Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.

The government of Denmark unveiled on Wednesday a standard carbon tax for businesses as a method to meet the country’s climate goal.

The benchmark European carbon contract soared to nearly an eight-week high following news of potential European Union market reform, and technical purchasing drove the contract through resistance levels of the past few weeks.

Exxon Mobil predicts that by 2050, the market for carbon capture and sequestration will be worth US$4 trillion, according to a presentation given on Tuesday.

WINT Water Intelligence, an American water management company, has released a new set of data-driven tools to help businesses reduce carbon and other greenhouse gas emissions from water use and waste, as well as their carbon footprints.

Indonesia's Ministry of Environment and Forestry has confirmed the suspension of validating certain carbon projects in the country's Sumatra and Kalimantan regions since they didn’t comply with the country’s regulation.

A group of scientists has developed a new AI-based technology that can help lock up greenhouse gases like carbon dioxide in porous rock formations faster and more precisely than ever before.