volkswagen says carbon emission claims proved unfounded

Volkswagen says carbon emission claims proved unfounded

Allegations that Volkswagen lied about the carbon dioxide emissions of up to 800,000 cars evaporated into thin air Wednesday as the embattled German car maker said they had been proven to be largely unfounded.
australia to scrap carbon tax for trading scheme

Australia to scrap carbon tax for trading scheme

Key greenhouse gas emitter Australia on Sunday announced it will scrap its carbon tax in favour of an emissions trading scheme that puts a limit on pollution from 2014, a year earlier than planned.
the path to carbon neutrality what matters beyond esg investments

The path to carbon neutrality: what matters beyond ESG investments?

The 2021 movie Don’t Look Up starts with a shocking premise: a comet estimated to be 5-10km in diameter is hurtling towards Earth. There are only six months left before impact, yet despite the scientific certainty, the political, economic, and media leadership in the United States is consumed by their own interests.
suitable workforce craved for carbon credit market

Suitable workforce craved for carbon credit market

The plan to establish the first carbon credit exchange in 2025 places Vietnam with a huge task of training enough professional forces to participate in the market.
investment in vietnams carbon market the opportunities and the challenges

Investment in Vietnam’s carbon market: the opportunities and the challenges

The growing demand for carbon credits ranks high in Vietnam. As global awareness and regulatory pressures on climate change increase, the demand for carbon credits is expected to rise.
microsoft seals carbon capture deal with occidental

Microsoft seals carbon capture deal with Occidental

Tech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technology companies grapple with the growing carbon footprint of artificial intelligence.
denmark to introduce worlds first livestock carbon tax

Denmark to introduce world's first livestock carbon tax

Denmark will introduce the world's first carbon tax on livestock, a unique measure designed to bring the Scandinavian country closer to its goal of carbon neutrality by 2045.
vietnam poised to become large scale carbon credit market

Vietnam poised to become large-scale carbon credit market

The Emissions Reduction Purchase Agreements (ERPAs) for 11 forests in the south central region and Central Highlands will lay the foundation for Vietnam's large-scale carbon credit market.
cop28 faces debate over controversy mired carbon credits

COP28 faces debate over controversy-mired carbon credits

Controversial credits bought by corporations to offset their carbon emissions will be in the spotlight at UN climate talks next month.
steel makers shape up to contend with new carbon tax

Steel makers shape up to contend with new carbon tax

Both foreign and local steel businesses are preparing for the upcoming implementation of the EU's Carbon Border Adjustment Mechanism, which will take effect in October.
vietnam needs roadmap for carbon neutrality in light of cbam

Vietnam needs roadmap for carbon neutrality in light of CBAM

Fears were expressed at a recent workshop that the Carbon Border Adjustment Mechanism (CBAM), to be implemented by the EU on October 1, may have a significant impact on Vietnamese businesses exporting to Europe.
exporters anxious over eu carbon tax implementation

Exporters anxious over EU carbon tax implementation

With the European Union to begin use of the Carbon Border Adjustment Mechanism in October, the changes will have a direct impact on four categories of industrial products exported by Vietnam to the EU.
vietnam and japan cooperate for a net zero carbon future

Vietnam and Japan cooperate for a net-zero carbon future

Japan is promoting green growth cooperation with Vietnam, with low-carbon value chains considered one of the leading priorities.
vietnam must step up carbon reduction to enter eu markets

Vietnam must step up carbon reduction to enter EU markets

Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.
vietnam sets out to deal with carbon tax and market barriers

Vietnam sets out to deal with carbon tax and market barriers

Vietnam’s market for carbon credits is likely to heat up, bringing with it various challenges for both regulators and businesses.