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The result of "carbon tax" is as follows:

Carbon Trust rolls out new net zero certification scheme for businesses
News

Carbon Trust rolls out new net zero certification scheme for businesses

UK-based organization Carbon Trust launched on Tuesday a new certification scheme designed to certify businesses' net zero goals and strategies.
February 25, 2022
Most carbon capture and reuse technologies are incompatible with climate goals: experts
News

Most carbon capture and reuse technologies are incompatible with climate goals: experts

Most efforts to capture and reuse carbon dioxide produce more carbon dioxide than they capture, and they are not able to reduce enough emissions to meet the Paris Agreement's goals, said researchers from Radboud University, the Netherlands.
February 23, 2022
A $174 carbon price is needed for global shipping bunker fuels: experts
News

A $174 carbon price is needed for global shipping bunker fuels: experts

As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 22, 2022
Singapore announces 500% rise in carbon tax from 2024
News

Singapore announces 500% rise in carbon tax from 2024

Singapore will raise its carbon tax by 500% to SG$25 per tonne in 2024, said Lawrence Wong, the city-state’s finance minister, as the government strives to achieve its net zero goal by 2050.
February 21, 2022
Australian carbon price drops as investors liquidating credits
News

Australian carbon price drops as investors liquidating credits

After more than six months of rapid increase, the price of Australian Carbon Credit Units (ACCUs) has decreased in the last two weeks. ACCUs were trading at around AU$51/tonne of carbon dioxide equivalent this week, down from over AU$57/tonne at the start
February 18, 2022
Google Cloud launches tool to help firms reduce carbon footprint
News

Google Cloud launches tool to help firms reduce carbon footprint

Google Cloud, after analyzing collected data from its whole customer base in 2021, has recently announced that it has broadened scope of Active Assist to assist its clients in reducing their carbon footprint.
February 18, 2022
Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
News

Lead EU lawmaker proposes amendments to tame skyrocketing carbon price

German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.
February 17, 2022
World Shipping Council outlines six zero-carbon shipping pathways
News

World Shipping Council outlines six zero-carbon shipping pathways

The World Shipping Council (WSC), a Washington, D.C.-based trade group that represents international liner shipping, is releasing for the first time concrete regulatory and economic pathways that it believes the UN International Maritime Organization (IMO
February 15, 2022
Old carbon credits preferred by companies threaten climate pledges, experts warn
News

Old carbon credits preferred by companies threaten climate pledges, experts warn

According to a new analysis published by Nikkei, one of the world’s largest financial newspaper, nearly 40% of carbon credits acquired by firms are more than five years old, which might threaten progress on reducing greenhouse gas emissions.
February 14, 2022
Key EU lawmaker seeks tougher rules for carbon price mechanism
News

Key EU lawmaker seeks tougher rules for carbon price mechanism

Peter Liese, a German Christian Democrat and member of European Parliament, is pushing for stricter controls to refrain the bloc’s carbon prices from growing too quickly. Following his remarks, the benchmark December 2022 contract was traded at 91.54 euro
February 10, 2022
World’s largest companies fall far short of net-zero, climate group says
News

World’s largest companies fall far short of net-zero, climate group says

According to a study conducted by NewClimate Institute, some of the world's largest corporations are failing to live up to claims that they will achieve net-zero emissions targets, reducing carbon emissions by only 40% rather than the projected 100%. Amaz
February 09, 2022
The 10% wealthiest population is key to reach net zero, expert suggests
News

The 10% wealthiest population is key to reach net zero, expert suggests

To mitigate the climate crisis, limit carbon footprint has become a primary mission for the globe. According to a study, wealthy people’s carbon footprints is gradually increasing, accounted for a larger proportion of global emissions.
February 09, 2022
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