News
Why developing countries oppose the EU's carbon border tax
7+ hour, 41+ min ago (681+ words) Europe's carbon border tax has'come into force'as of January 2026, marking a major shift in how the European Union links climate policy with global trade. Under the Carbon Border Adjustment Mechanism (CBAM), the EU places a carbon tax on imports of…...
Phased increase of carbon price to nearly US$50 needed to decarbonise Malaysia's steel sector: think tank
4+ mon, 2+ week ago (394+ words) As'Malaysia's'iron and steel sector'prepares to face a carbon levy'in 2026, a local'think tank has called for a phased but rapid increase of the'carbon price for the sector'up to RM200 (US$47)'per tonne of carbon dioxide and its equivalents (tCO2e0). Between 2014 and 2022, steel production…...
Korean steel giant Posco sued over climate impact of blast furnace expansion plan
10+ mon, 1+ week ago (425+ words) Posco, one of the world's biggest steel producers, is being sued by youth activists in South Korea over a plan to extend the life of its coal-based blast furnace operations. Plaintiffs aged 11 to 18 years old, supported by non-profit Solutions for…...