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Tag: Emissions Trading Systems
Record High Revenues From Global Carbon Pricing Near $100 Billion
May 23, 2023
Direct carbon pricing instruments, key policy to decarbonization, now cover almost a quarter of global greenhouse gas emissions, according to a new World Bank report Revenues from carbon taxes and...
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EU Parliament Adopts Key Laws To Reach 2030 Climate Target
April 18, 2023
MEPs adopted the reform of the EU’s Emissions Trading System including for aviation and maritime, the Carbon Border Adjustment Mechanism and a new Social Climate fund. On Tuesday, the EU...
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ICAP Reports Record $63 Billion Raised from Carbon Allowance Sales in 2022
March 22, 2023
Carbon markets hold steady amid energy cost surges, finds the International Carbon Action Partnership (ICAP)’s Emissions Trading Worldwide Status Report for 2023. The world’s emissions trading systems (ETSs) were largely...
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