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The result of "carbon tax" is as follows:

EV credits scheme launched in Singapore to support sustainable transition
News

EV credits scheme launched in Singapore to support sustainable transition

Singaporean carbon trading company CRX CarbonBank launched on Tuesday the Electric Vehicle Accelerator initiative, a scheme that generates caron credits based on greenhouse gas emissions avoided by electric vehicle charging points, allowing charging stati
April 13, 2022
Sweden set to be first country to account for consumption-based emissions
News

Sweden set to be first country to account for consumption-based emissions

To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country
April 12, 2022
Maersk pledges to net zero steel by 2040 in a bid to reduce carbon footprint
News

Maersk pledges to net zero steel by 2040 in a bid to reduce carbon footprint

After committing to achieving carbon neutrality by 2040 in January, Maersk, the world’s largest shipping company, has joined SteelZero to use 100% net zero steel by 2040.
April 08, 2022
Canada proposes tax credit to encourage carbon capture investment
News

Canada proposes tax credit to encourage carbon capture investment

Canadian Prime Minister Justin Trudeau announced on Thursday the introduction of one of the country’s largest single industrial tax incentives to fund carbon capture projects, as part of his government’s effort to meet the climate objectives by offsetting
April 08, 2022
Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables
News

Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables

Microsoft Chile announced that it has signed a renewable power purchase agreement (PPA) with Chilean electricity provider AES Andes S.A., allowing customers to cut their carbon footprint while speeding up their digitization.
April 08, 2022
Hard-to-process plastic waste can be cost-effective way to capture carbon dioxide
News

Hard-to-process plastic waste can be cost-effective way to capture carbon dioxide

Heating plastic waste in the presence of a certain chemical can produce particles that absorb carbon dioxide, according to a research team from Rice University.
April 07, 2022
Indonesia defers carbon tax rollout amid inflation concerns
News

Indonesia defers carbon tax rollout amid inflation concerns

The Indonesian government has decided to postpone the implementation of its carbon tax from April to July due to global economic upheaval and continued disruptions in the energy industry, a government official said over the weekend.
April 06, 2022
US proposes first carbon standard for concrete to cut building sector emissions
News

US proposes first carbon standard for concrete to cut building sector emissions

The United States General Services Administration (GSA) proposed new limits on high-carbon-emitting building materials for all of its major projects. The decision is expected to have a significant impact on billions of dollars in federal infrastructure in
March 31, 2022
Cost-effective Nuada system could be game changer for carbon capture
News

Cost-effective Nuada system could be game changer for carbon capture

North Ireland-based company MOF Technologies said it has developed a new modular technology which will revolutionize the industry by cutting carbon capture prices to as low as 13 pounds per tonne of carbon dioxide.
March 31, 2022
Abu Dhabi to launch world's first regulated carbon trading exchange
News

Abu Dhabi to launch world's first regulated carbon trading exchange

Abu Dhabi Global Market announced on Tuesday the partnership with AirCarbon Exchange (ACX), a Singapore-based commodities exchange, which will allow ADGM to establish in Abu Dhabi the world’s first fully regulated carbon trading exchange and carbon cleari
March 30, 2022
Australian carbon prices may need years to recover amid ‘mountain of supply’: analyst
News

Australian carbon prices may need years to recover amid ‘mountain of supply’: analyst

Australian Carbon Credit Units (ACCUs) have seen a significant drop in value after the government announced new changes to the carbon credit scheme earlier this month. Analysts predict that the plunge might last for years.
March 25, 2022
IATA launches industry standard to measure per passenger carbon emissions
News

IATA launches industry standard to measure per passenger carbon emissions

The International Air Transport Association (IATA) has announced on Tuesday the launch of the IATA Recommended Practice Per-Passenger CO2 Calculation Methodology, which aims at calculating the amount of carbon emissions produced by a passenger on a specif
March 24, 2022
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