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December 23, 2024
Thailand exempts land tax to boost blue carbon in mangrove forests
Recently, Thailand amended tax laws to encourage mangrove restoration, with plans to exempt land taxes on green area, such as mangrove forests, starting in 2025.
December 23, 2024‘Phantom’ rice projects expose voluntary carbon market failings
Amid accusations of fraud, lax auditors and problematic offset certifiers, is the carbon credit market still … credible?
December 20, 2024Why is Foxconn-PTT's EV project struggling in Thailand?
Japan's two major automakers, Honda and Nissan, confirmed they are considering a merger. Soon after, reports emerged that Foxconn is interested in acquiring Nissan, aiming to bolster its brand in the electric vehicle sector.
December 20, 2024Coal will be a central pillar of COP31, wherever it’s held
In the shadows of COP29, two of the world’s most coal-dependent countries are still bidding to host the UN climate summit in 2026, offering what could be a unique moment to renew focus on coal, write two climate analysts.
December 19, 2024Mitsubishi eyes Vietnam's green energy market with LNG, low-carbon technologies
Vietnam's renewable energy sector is booming, and Japanese companies operating locally are noticing the shift.
December 18, 2024Malaysia's banks accelerate carbon reduction with solar, financing projects
Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.
December 18, 2024Japan expands nuclear power use in new draft energy plan
In addition to reaffirming the goal of achieving 20% nuclear power by 2030 and extending it through 2040, Japan will also allow the construction of new nuclear reactors and remove the phrase "reduce dependence on nuclear power as much as possible."
December 18, 2024Proton unveils first EV with low price to compete against Tesla, BYD
As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.
December 18, 2024Philippines struggles to break free from coal despite renewables pledge
The government has ambitious plans for renewable energy but coal power is still on the rise.
December 17, 2024Taiwan’s feed-in tariff system under scrutiny amid calls for reform
Taiwan’s feed-in tariff (FIT) system, a cornerstone policy for promoting renewable energy development, is facing growing debate. The Ministry of Economic Affairs recently announced its draft FIT rates for 2025, maintaining stable reductions for solar ener