EmissionsTrading

Negotiations Heat Up at COP29: A Potential Landmark Carbon Deal in the Works

1 month ago

Amidst intense discussions at COP29, world leaders and climate negotiators are edging closer to a significant carbon market agreement that could redefine global approaches to reducing emissions. As nations recognize the urgent need to address climate change, this summit has emerged as a vital platform for crafting a cohesive strategy that incorporates carbon offsets and emissions trading. However, as optimism builds, significant concerns about the integrity of these carbon markets are surfacing.

China's Carbon Prices Surge to Record Levels as Compliance Deadline Approaches

2 months ago

In a significant economic development, China's carbon prices have reached unprecedented heights just before the critical compliance deadline for the country's emissions trading system. This uptick is indicative of both the urgency surrounding China's commitment to environmental targets and the subsequent pressures on companies operating under this new regulatory framework.