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The result of "carbon tax" is as follows:

Australian carbon prices plummeted after regulator’s surprise intervention
News

Australian carbon prices plummeted after regulator’s surprise intervention

Last Friday, Australia's Clean Energy Regulator announced new changes to the Emissions Reduction Fund, as well as a decision to share with carbon farmers and landholders the windfall profits generated from the change.
March 11, 2022
Global carbon emissions rebounded to record high in 2021 amid economic recovery
News

Global carbon emissions rebounded to record high in 2021 amid economic recovery

After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 10, 2022
Carbon credits market to worth trillions within two decades
News

Carbon credits market to worth trillions within two decades

As governments set up environment pledges, most enterprises around the world are required to attain net zero emissions by 2050. The carbon credit market thus has the potential to explode. The total amount of carbon credits traded last year was over US$1 b
March 09, 2022
SBTi shuts door on carbon target validation for fossil fuel firms and suppliers
News

SBTi shuts door on carbon target validation for fossil fuel firms and suppliers

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action, has made change to its criteria and will no longer accept pledges or validate targets from fossil fuel companies.
March 09, 2022
UK’s new low carbon cements can cut carbon emissions by 4m tonnes per year
News

UK’s new low carbon cements can cut carbon emissions by 4m tonnes per year

New low-carbon cements with up to 60% lower embodied CO2 emissions than Portland cement, the current market leader in the UK, have been created and tested thanks to Industrial Energy Efficiency Accelerator, a UK government-backed research program.
March 07, 2022
Australian carbon prices crash below AU$50 amid global market uncertainty
News

Australian carbon prices crash below AU$50 amid global market uncertainty

As uncertainty grips global energy markets, Australian Carbon Credit Units have seen their first continuous drop in value in over a year, with the price ending on Thursday at AU$46.75 per tonne, down nearly 20% from the all-time highs achieved in January.
March 04, 2022
AWS launches carbon footprint tool as Big Techs race to green cloud computing
News

AWS launches carbon footprint tool as Big Techs race to green cloud computing

Amazon Web Service (AWS), a cloud computing platform provided by e-commerce giant Amazon, has launched a free tool for customers to track their cloud consumption’s carbon footprint and to compare it to the estimated footprint of an on-premise data center.
March 04, 2022
Cambridge researchers develop energy-efficient way to convert CO2 into clean fuel
News

Cambridge researchers develop energy-efficient way to convert CO2 into clean fuel

Researchers from the University of Cambridge have developed a method for converting carbon dioxide into clean, sustainable fuels without producing any undesired by-products or waste.
March 03, 2022
Bitcoin mining’s carbon emission jumped 17% after moving out of China
News

Bitcoin mining’s carbon emission jumped 17% after moving out of China

Bitcoin mining’s carbon emissions have increased after moving from China to the United States and other countries, according to a team of academics from the Netherlands, Switzerland, and Germany.
March 02, 2022
European carbon permits suffer biggest one-day fall amid Russia-Ukraine conflicts
News

European carbon permits suffer biggest one-day fall amid Russia-Ukraine conflicts

The benchmark European carbon price plummeted 16.25% on Tuesday, closing at 68.85 euros. The price is now down more than 28% since Russia's invasion of Ukraine, with the price decoupling from the energy markets it normally monitors due to profit-taking an
March 02, 2022
I-RECs demand surges amid tightening of carbon credit rules
News

I-RECs demand surges amid tightening of carbon credit rules

The I-REC Standard, according to S&P Global Platts, is fast spreading over the world, with a presence in more than 30 countries, indicating increased demand for sustainable products in emerging markets.
March 01, 2022
Tencent pledges carbon neutrality across operations and supply chain by 2030
News

Tencent pledges carbon neutrality across operations and supply chain by 2030

Chinese tech giant Tencent announced on Thursday that it plans to achieve carbon neutrality in its operations and supply chain by the end of the decade.
February 25, 2022
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