“Infinite carrots” won’t solve Australian carbon leakage as a CBAM emerges as option, expert says

Published 04:24 on September 12, 2023  /  Last updated at 04:50 on September 14, 2023  / Helen Clark /  Asia Pacific, Australia, Carbon Taxes, CBAM  /  Comments Off on “Infinite carrots” won’t solve Australian carbon leakage as a CBAM emerges as option, expert says

Carbon leakage is a problem that is still worth worrying about for Australia, and a Carbon Border Adjustment Mechanism (CBAM) is a logical way to address it, an industry expert told a Sydney conference Tuesday.

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OECD climate group to discuss national carbon pricing approaches, advance stocktake work at fall dialogue meeting

Published 00:22 on September 9, 2023  /  Last updated at 00:22 on September 9, 2023  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, CBAM, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, Switzerland, US, Voluntary  /  Comments Off on OECD climate group to discuss national carbon pricing approaches, advance stocktake work at fall dialogue meeting

An OECD committee assembled to help improve the impact of emissions reduction efforts around the world through enhanced multilateralism will meet this autumn to discuss countries’ various carbon pricing approaches, as part of an initiative to take stock of global efforts, examine their effectiveness, and prevent carbon leakage.

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Colombian government announces billion-dollar fund to tackle deforestation

Published 18:07 on September 7, 2023  /  Last updated at 18:07 on September 7, 2023  / Tom Woolnough /  Americas, Carbon Taxes, South & Central  /  Comments Off on Colombian government announces billion-dollar fund to tackle deforestation

The Colombian environment ministry on Wednesday announced a fund to help reduce deforestation and put the country on track to reach its climate targets.

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Carbon Pulse grows global news reporting team by almost 50% in biggest hiring push yet

Published 01:28 on September 7, 2023  /  Last updated at 13:02 on September 7, 2023  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Biodiversity, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, Nature-based, New Zealand, Other APAC, Paris Article 6, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary  /  Comments Off on Carbon Pulse grows global news reporting team by almost 50% in biggest hiring push yet

FREE READ – Carbon Pulse has increased its global team of reporters by nearly 50% in its largest hiring push to date, as the company channels significant investment into further strengthening the world’s premier carbon markets news service.

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AFRICA CLIMATE SUMMIT: Leaders call for global carbon taxation regime following $23 bln of pledges

Published 09:01 on September 6, 2023  /  Last updated at 23:04 on September 6, 2023  / Roy Manuell /  Africa, Carbon Taxes, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary  /  Comments Off on AFRICA CLIMATE SUMMIT: Leaders call for global carbon taxation regime following $23 bln of pledges

African leaders adopted the “Nairobi Declaration” as the curtain closed on the inaugural Africa Climate Summit in Kenya on Wednesday, calling for a tax on fossil fuels, aviation and maritime transport, and a reform of the world financial system that they said penalises African nations with excessively high interest rates.

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Malaysia considering carbon tax to help reduce emissions, state govt official says

Published 10:35 on September 4, 2023  /  Last updated at 11:14 on September 4, 2023  / Nikita Pandey /  Asia Pacific, Carbon Taxes, Other APAC  /  Comments Off on Malaysia considering carbon tax to help reduce emissions, state govt official says

The federal government of Malaysia is considering a carbon tax to reduce greenhouse gas emissions, a state official said according to local media.

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Cameroon mulls introducing carbon tax, local media reports

Published 03:07 on September 2, 2023  /  Last updated at 03:07 on September 2, 2023  /  Africa, Carbon Taxes, EMEA, International, Nature-based, Voluntary  /  Comments Off on Cameroon mulls introducing carbon tax, local media reports

Cameroon’s President Paul Biya has hinted at the possibility of introducing a carbon tax as part of the country’s 2024 Finance Act, local media reported this week.

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Tata Steel boss says India should change approach on CBAM

Published 13:29 on August 28, 2023  /  Last updated at 13:30 on August 28, 2023  / Nikita Pandey /  Asia Pacific, Carbon Taxes, CBAM, EMEA, Other APAC  /  Comments Off on Tata Steel boss says India should change approach on CBAM

India should rename some of its current fees and levies as carbon taxes to get a better deal under the EU’s carbon border adjustment mechanism, instead of opting for flat refusal of the entire scheme, the CEO of Tata Steel has told local media.

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Ireland works towards adopting a similar woodland code to the UK, says corporate looking to invest

Published 14:20 on August 24, 2023  /  Last updated at 14:20 on August 24, 2023  / Bryony Collins /  Carbon Taxes, CBAM, EMEA, Voluntary  /  Comments Off on Ireland works towards adopting a similar woodland code to the UK, says corporate looking to invest

Ireland is working towards adopting a similar code to the UK’s Woodland Carbon Code (WCC) to incentivise reforestation and afforestation projects, according to an Irish property developer looking to offset its residual emissions by financing tree planting on its home turf.

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Taiwan set to postpone carbon levy to 2025 -media

Published 08:30 on August 23, 2023  /  Last updated at 09:14 on August 23, 2023  / Chia-Erh Kuo /  Asia Pacific, Carbon Taxes, Other APAC  /  Comments Off on Taiwan set to postpone carbon levy to 2025 -media

Taiwan plans to push back the timeline for its upcoming carbon levy scheme by a year given the slower-than-expected policy progress, despite rising concerns over the island’s climate goals and industry competitiveness, local media has reported.

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