News

To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.

Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.

The forests around the ancient Lake Poso in Indonesia’s Central Sulawesi province are being lost to mining, oil palm plantations and smallholder farm expansion, threatening both unique species and local residents.

U.S. President Donald Trump immediately announced the withdrawal from the Paris Agreement. However, some oil and gas industry leaders have expressed concerns that this move does not help their push for clean energy investments.

Turning carbon-cutting pressures into growth opportunities is critical for Chinese businesses, write two researchers.

To meet corporate carbon reduction goals, Malaysia's ship service company Keyfield International has completed the installation of a solar photovoltaic system on its largest work barge, setting a national record for the scale of the equipment.

Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.

The rate at which atmospheric CO2 is increasing is now outpacing the pathways set out by the Intergovernmental Panel on Climate Change (IPCC) that limit global warming to 1.5ºC.

Singapore relies heavily on natural gas, which accounts for 95% of its electricity generation. To meet growing electricity demand while staying on track for net-zero emissions by 2050, Singapore must shift toward cleaner energy sources.

Thailand’s cabinet approves a carbon tax rate of 200 baht ($5.88) per ton of carbon emissions. Deputy Finance Minister Paopoom Rojanasakul stated in an official announcement that the carbon tax will be integrated into the existing petroleum tax structure.