With annual emissions thresholds declining and methodological delays, carbon credit prices in Australia are expected to soar in 2025, drawing attention from market players.
With annual emissions thresholds declining and methodological delays, carbon credit prices in Australia are expected to soar in 2025, drawing attention from market players.
SLB Capturi has completed the construction of the world's first industrial-scale carbon capture plant for Heidelberg Materials in Norway. A major breakthrough that will reduce up to 400,000 tons of CO2 annually in the cement sector.
SLB Capturi has completed the construction of the world's first industrial-scale carbon capture plant for Heidelberg Materials in Norway. A major breakthrough that will reduce up to 400,000 tons of CO2 annually in the cement sector.
Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
Hanwha Power Systems and TC Energy collaborate to commercialize a waste heat recovery technology based on supercritical CO₂, aiming to produce zero-carbon energy within pipeline infrastructures.
Hanwha Power Systems and TC Energy collaborate to commercialize a waste heat recovery technology based on supercritical CO₂, aiming to produce zero-carbon energy within pipeline infrastructures.
India is preparing to launch an ambitious Carbon Credit Trading Scheme (CCTS) focused on reducing industrial emissions intensity. This initiative, planned for 2026-27, could transform emission management nationwide.
India is preparing to launch an ambitious Carbon Credit Trading Scheme (CCTS) focused on reducing industrial emissions intensity. This initiative, planned for 2026-27, could transform emission management nationwide.
The European Council has approved a regulatory framework to certify carbon capture and storage activities, a significant milestone toward the EU's 2050 carbon neutrality target.
The European Council has approved a regulatory framework to certify carbon capture and storage activities, a significant milestone toward the EU's 2050 carbon neutrality target.
Indonesia and Japan establish a historic collaboration for carbon credit trading under the Paris Agreement, enhancing transparency and international environmental standards.
Indonesia and Japan establish a historic collaboration for carbon credit trading under the Paris Agreement, enhancing transparency and international environmental standards.
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
Saudi Arabia, the world’s largest oil exporter, has inaugurated its first carbon credit exchange platform during COP29 in Baku, aiming to bolster its decarbonization efforts and diversify its economy.
Occidental Petroleum, in partnership with Enterprise Products Partners, is setting up a CO₂ pipeline network in Southeast Texas to transport captured emissions, thus supporting carbon capture and storage projects in the Houston area.
Occidental Petroleum, in partnership with Enterprise Products Partners, is setting up a CO₂ pipeline network in Southeast Texas to transport captured emissions, thus supporting carbon capture and storage projects in the Houston area.
The European Union's Carbon Border Adjustment Mechanism (CBAM) could have little effect on Asia’s voluntary carbon market and minimal impact on finished product prices, according to experts at the Asia Climate Summit.
The European Union's Carbon Border Adjustment Mechanism (CBAM) could have little effect on Asia’s voluntary carbon market and minimal impact on finished product prices, according to experts at the Asia Climate Summit.
With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.
With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.
The Pycasso project, aimed at storing CO2 to decarbonize industry in the Lacq Basin, has been abandoned. A lack of dialogue and risks to existing industries were key factors in this controversial decision.
The Pycasso project, aimed at storing CO2 to decarbonize industry in the Lacq Basin, has been abandoned. A lack of dialogue and risks to existing industries were key factors in this controversial decision.
Japan is projected to become the leading hub for captured carbon (CO2) trade in the Asia-Pacific region by 2050, according to Wood Mackenzie, with government investment and policy support being crucial to this goal.
Japan is projected to become the leading hub for captured carbon (CO2) trade in the Asia-Pacific region by 2050, according to Wood Mackenzie, with government investment and policy support being crucial to this goal.
Singapore is stepping up its efforts to achieve carbon neutrality by 2050 by co-funding feasibility studies on carbon capture and storage (CCS) in its power plants. This key project aims to reduce emissions while ensuring the country's energy security.
Singapore is stepping up its efforts to achieve carbon neutrality by 2050 by co-funding feasibility studies on carbon capture and storage (CCS) in its power plants. This key project aims to reduce emissions while ensuring the country's energy security.
Malaysia will introduce a carbon tax in 2026 targeting the steel, iron, and energy industries, in line with its emission reduction ambitions. This measure aligns with the EU's Carbon Border Adjustment Mechanism.
Malaysia will introduce a carbon tax in 2026 targeting the steel, iron, and energy industries, in line with its emission reduction ambitions. This measure aligns with the EU's Carbon Border Adjustment Mechanism.
Industrial carbon capture and storage (CCS) initiatives have seen significant growth in 2024, reaching 628 global projects. This expansion is supported by public policies and strengthened international collaboration.
Industrial carbon capture and storage (CCS) initiatives have seen significant growth in 2024, reaching 628 global projects. This expansion is supported by public policies and strengthened international collaboration.
The body overseeing Article 6.4 of the Paris Agreement has adopted unprecedented standards for project methodologies and carbon removals, facilitating the operationalization of global voluntary carbon markets.
The body overseeing Article 6.4 of the Paris Agreement has adopted unprecedented standards for project methodologies and carbon removals, facilitating the operationalization of global voluntary carbon markets.
A Rockefeller Foundation-led initiative aims to prematurely close coal-fired power plants in developing countries using carbon credits to reduce CO₂ emissions.
A Rockefeller Foundation-led initiative aims to prematurely close coal-fired power plants in developing countries using carbon credits to reduce CO₂ emissions.
Large international companies are intensifying their investments in Chinese carbon credits, attracted by the extension of the national system and the growth potential of new projects.
Large international companies are intensifying their investments in Chinese carbon credits, attracted by the extension of the national system and the growth potential of new projects.
COP28 President Sultan Al Jaber calls on governments to submit ambitious NDCs to accelerate global decarbonization, relying on technology investment and innovation to reach the 1.5°C climate target.
COP28 President Sultan Al Jaber calls on governments to submit ambitious NDCs to accelerate global decarbonization, relying on technology investment and innovation to reach the 1.5°C climate target.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Large companies are reducing their investments in decarbonization due to geopolitical tensions, although regulations and consumer expectations continue to push them towards better management of their emissions.
Large companies are reducing their investments in decarbonization due to geopolitical tensions, although regulations and consumer expectations continue to push them towards better management of their emissions.
