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- Sat 00:11More than markets - Microsoft founder Bill Gates said in a letter published Friday that, without a global carbon tax, which he said was "politically unachievable", market forces alone won't be sufficiently incentivise emissions reductions to combat climate change. Only by replacing all emitting activities with cheaper alternatives would stopping temperature increases be achieved, according to Gates. He also emphasised the importance of adaptation, which he discussed previously in a controversial pre-COP30 climate memo.
- Fri 14:28Across voluntary and compliance markets, regulators in the ASEAN countries are racing to put frameworks in place, though the gap between policy and practice remains wide and the success of these markets will mostly hinge on building integrity, MRV, and regional trust, according to experts.
- Fri 12:23ANALYSIS: Fertilisers EU CBAM exemption could undermine stability of entire mechanism, industry saysAnalysts and industry associations have weighed in on the European Commission’s proposed temporary exemption of fertilisers from the EU’s carbon border fee, expressing concern over potential consequences for the overall stability of the new climate policy.
- Fri 10:44Costs of purchasing carbon credits under India’s upcoming compliance mechanism are expected to rise sharply as the price of decarbonisation continues to fall, benefitting early movers that invest in abatement technology, according to a major accounting firm.
- Fri 08:29One of Japan's largest shipping companies has teamed up with a major trading company to decarbonise the transportation sector through the use of Environmental Attribute Certificates (EACs), it announced Friday.
- Fri 08:01Japan's shipping majors are facing growing financial and environmental risks, as they continue expanding their fleets of liquefied natural gas (LNG) carriers, a new report has argued.
