Denmark Introduces 'Fart Tax' to Curb EmissionsDenmark, known as the dairy powerhouse, has decided to impose a carbon tax on farmers for the first time in the world. The so-called “fart tax” that is imposed depending on carbon dioxide emissions, is expected to levy approximately $107 per cow annually. According to the Financial Times (FT) on the 25th (local time), the […]
Nearly 70% of Our Oceans Could Suffer Year-Round Heatwaves by 2100According to a new study, nearly 70% of the world's oceans will experience year-round heat waves due to ongoing carbon emissions.
Navigating Carbon Costs: Small Businesses in South Korea Face New EU Export ChallengesThe Ministry of SMEs and Startups held an EU Carbon Border Adjustment Mechanism (CBAM) Response SME Support Plan Announcement Meeting at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul, on the 22nd. The CBAM, which has been on a trial run since last October, is a system that requires the purchase of certificates […]
Record High Carbon Emissions: Global Increase Despite Pandemic FalloutIEA “37.4 billion tons, a 1.1% increase from the previous year”Reasons for pre-COVID recovery in the transport sectorEU and US decline due to expansion of renewable energy Namdong Power Tamla Offshore Wind Power/Namdong Power Last year, global carbon dioxide emissions hit a record high due to China’s economic recovery and increased air travel. According to […]
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