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Any business with annual carbon emissions equal to or exceeding 2,000 tonnes of carbon dioxide equivalent (direct emissions) is responsible for registering as a reportable organization and submitting an annual emissions report.

Following the European Commission’s introduction of the Carbon Border Adjustment Mechanism (CBAM), the U.S. also proposed a border carbon adjustment (BCA) fee on imports.

Japan began to implement a carbon tax in 2012. The carbon tax is an additional tax over and above the existing Oil and Coal Tax, which covers oil, natural gas and coal (electricity excluded).

Under the J-Credit Scheme, Japanese enterprises, local governments, agricultural workers, or forest owners can reduce carbon emissions by introducing energy-saving equipment.

South Korea has developed a carbon labeling scheme for intermediate products and services and a low-carbon product certification scheme, both of which are non-mandatory and voluntarily participated by enterprises.

The Thailand Greenhouse Gas Management Organization (TGO) introduced the carbon labeling scheme in August 2008.

The United Kingdom is the first country in the world to introduce the carbon footprint labelling scheme for products. In March 2007, the Carbon Trust launched the world's first batch of products labeled with carbon labels.

The Thailand Greenhouse Gas Management Organization (TGO), Thailand Business Council for Sustainable Development (TBCSD) and Thailand Environment Institute (TEI) jointly launched the carbon reduction label.

New Frontier Markets (NFM), a technology company devoted to providing access to the new low-carbon economy, announced on July 12 its launch of a blockchain platform for voluntary carbon credits. The company expects that the platform to be broadly in use i

Oil and gas giant Shell announced on July 6 that it will build Europe’s largest hydrogen plant in the Netherlands. The plant, with 200 megawatt electrolyzer, is expected to start operation in 2025, generating 60,000 kilograms of renewable hydrogen each da

Japan plans to support India in accelerating the switch to clean energy, expanding a program it started last year for Southeast Asian countries, said Economy, Trade and Industry Minister Koichi Hagiuda on July 13.

According to CGTN, China has started to build Kela photovoltaic power station, which is a part of the biggest hydro-solar hybrid power station in the world. The facility is expected to have an installed capacity of 1 million kilowatts.