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January 03, 2024
Singapore’s electricity prices rise due to higher carbon tax
Singapore’s gas and electricity prices have risen due to the impact of higher carbon tax, goods and services tax (GST) increments, and rising energy costs.
January 03, 2024Thailand’s BOI approves green investment projects to combat PM2.5 pollution
The Board of Directors of Thailand’s Board of Investment’s (BOI) have approved measures to promote investments aimed at addressing PM2.5 particulate pollution, according to BOI’s secretary-general, Narit Therdsteerasukdi.
January 02, 2024Food producers switch to greener fertilizers to cut carbon footprints
Global leading food and drinks producers are rushing to reduce carbon footprint by tackling one of the hidden culprits of emissions in value chains: fertilizers.
January 02, 2024Local content rules hampering 9 renewable energy projects in Indonesia
Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.
December 29, 2023Thai residential solar installation hits record as electricity rates surge
Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's
December 29, 2023Vietnam's renewable energy sprung up, but localization is slow
Experts generally agree that Vietnam leads other ASEAN countries regarding total installed capacity and project development in renewable energy. However, there are concerns about insufficient localization.
December 28, 2023Philippine Congressional think tank questions need for carbon tax
The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
December 28, 2023Indonesia vice presidential debate: CCS in the spotlight
The issue of Carbon Capture and Storage (CCS) was debated by Gibran Rakabuming Raka and Mahfud MD during the vice presidential debate last Friday. This unexpected topic of question has become widely discussed.
December 28, 2023OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.
December 28, 2023Vietnam earns more than $41 million from selling forest carbon credits
Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.