Blog

Petition of 6,000 urges government to end free carbon credits for major polluters

The Don’t Subsidize Pollution campaign has taken a 6000 strong petition to Parliament asking the government to scrap free carbon credits for major polluters. Under the Emissions Trading Scheme, most carbon dioxide emitters including petrol companies and coal-burning electricity companies pay a price – currently around $50 – for every tonne of emissions. But companies such […]

Saudi top for trading Co. to buy 1K carbon credits from PIF-Backed Firm

Plastic and wax specialists Saudi Top Plastics has signed an agreement with a Public Investment Fund-backed firm to purchase 1,000 carbon credits. The memorandum of understanding, signed by the plastics trading name Saudi Top for Trading Co. with the Regional Voluntary Carbon Market Co. will remain in effect for three years, and will also see a focus on […]