Global carbon markets value surged to record US$851 billion last year
1 Feb 2022
THE value of traded global markets for carbon dioxide (CO2) permits grew by 164% to a record 760 billion euros ($851 billion) last year, analysts at Refinitiv said on Monday.
Related Topics: Carbon News world Carbon prices Emissions trading
COP30 climate talks evacuated after fire breaks out
Today 10:30am
The UN climate talks COP30 have been evacuated due to a fire breaking out inside the venue in Belém, Brazil.
Turkey set to host COP31 after reaching compromise with Australia
Today 10:30am
The COP31 climate meeting is now expected to be held in Turkey after Australia dropped its bid to host the annual event.
Pacific Islands rue lost chance to host COP climate summit
Today 10:30am
Pacific islanders decried on Thursday a wasted chance to draw eyes to their climate troubles, after their bid to co-host next year's COP climate summit was brushed aside.
Early COP30 climate deal eludes Brazil, but Lula remains upbeat
Today 10:30am
Brazil failed to land an early COP30 climate deal on Wednesday, though President Luiz Inacio Lula da Silva remained upbeat about the prospects of progress in the last two days of the summit despite differences between nations on key issues.
China’s diesel trucks are shifting to electric. That could change global LNG and diesel demand
Today 10:30am
China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport.
Trump’s anti-climate agenda could result in 1.3m more deaths globally, analysis finds
Today 10:30am
Fallout from increased emissions linked to president’s ‘America First’ policies expected to most affect those in poor, hot countries.
COP-and-trade? Tariffs, carbon tax weigh on climate talks
Thu 20 Nov 2025
Trade-restrictive measures loom large over this year's UN climate summit, with China pushing for wider market access for its green technologies and major developing economies challenging Europe over its new carbon border tax.
At COP30, focus on wildfire prevention amid record destruction
Thu 20 Nov 2025
With wildfires causing unprecedented damage, countries and organisations at COP30 agree to boost community-based prevention.
Artificial intelligence sparks debate at COP30 climate talks in Brazil
Thu 20 Nov 2025
At the U.N. climate talks in Brazil, artificial intelligence is being cast as both a hero worthy of praise and a villain that needs policing.
A landmark court ruling looms over US absence at COP30
Thu 20 Nov 2025
The historic climate change advisory opinion from the International Court of Justice suggests the United States is violating international law on climate, legal experts say.