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Net Zero
EU to Squeeze Carbon Market Cap in 2024 as New Climate Policies Kick In
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File PhotoBRUSSELS, July 28 (R…
Net Zero
Global Standards Launched to Boost $2 Bln Voluntary Carbon Market
General view of smoke coming from a chimney of an energy plant in Dublin, Ireland, September 24, 2018. REUTERS/Clodagh Kilcoyne/File PhotoLONDON, July 27 (Reute…
Net Zero
VN Eyes Investment in Clean Energy to Develop Carbon Market, Achieve Net Zero Emissions
Forests in Nam Tra My District in the central province of Quang Nam. Viet Nam has the potential to develop a carbon market due to its large forest cover. — Pho…
Carbon Emissions
Africa Carbon Markets Initiative Announces 13 Action Programs
The Africa Carbon Markets Initiative (ACMI) announced 13 action programs. Steering committee members, made up of African leaders, CEOs and carbon credit experts…
‘Carbon Offsets Give Some Companies a Smokescreen on Climate Impact’
The carbon market is allowing firms to warp their actual environmental impact, the CCC has found
Emissions Trading System
Risk of Delay to Carbon Market Reforms After Surprise EU Vote
The European Parliament on Wednesday rejected a proposal to upgrade the European Union's carbon market, an unexpected move that exposed divisions over the bloc'…
Net Zero Emission
Wrangle over EU Carbon Market Revamp Threatens Climate Targets
Officials and lawmakers negotiating an overhaul of the EU carbon market are struggling to reach a compromise over plans to levy CO2 costs on suppliers of pollut…
Carbon Emissions
Emissions Trading Covers 37% of Emissions Under Net-Zero Targets – ICAP
Carbon markets hit record prices and revenues globally in 2021, reports the International Carbon Action Partnership.
Coal Price
Europe's Carbon Price Nears the 100 Euro Milestone
The price of permits in the European Union's carbon market closed at a record high above 96 euros on last Friday, with analysts expecting the symbolic 100 euro …
Carbon Pricing
China's Carbon Trading Market Gets Brisker as Compliance Deadline Approaches
China's national carbon market, a major institutional innovation to facilitate emissions reduction, is getting brisker as its first compliance deadline is at th…
Carbon Pricing
Average Transaction Price of the Beijing Carbon Trading Market Ranks First in China!
China kicked off its national carbon emission exchange, the world’s largest carbon market.
Emissions Trading System
Sinopec Completes the First Bulk Agreement Transaction in China's Carbon Market
Sinopec successfully completed the first major agreement transaction in the national carbon market, buying 100,000 tons of national carbon market carbon allowan…
Carbon Pricing
EU Carbon Price Running at Level not Expected Until Next Year
Emissions permits are selling at around €50 per ton, completing a rally from last year’s Covid-driven slump faster than expected by business respondents to th…
China
China Launches World’s Largest Carbon Market for Power Sector
China’s national emissions trading scheme could become a significant lever for climate action, but experts warn that it will do little to curb emissions in the…
Carbon Emissions
EU Price on Pollution Hits Record High in Early 2021
The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU…
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