News

Spacious and comfortable SUVs are the top choice for many car enthusiasts, but recent studies indicate that these large vehicles are one of the culprits hindering the global automotive industry's carbon reduction efforts.

The Thai Eastern Group Holdings converts discarded palm empty fruit bunches and palm oil residues into biogas, resulting in a 48% reduction in production costs for the company.

Vietnamese Ministry of Industry and Trade (MOIT) has proposed a draft of retail electricity pricing with 3 different approaches for calculating electricity tariffs for electric vehicle (EV) charging stations.

Malaysia is actively contemplating about the implementation of request for information (RFI) mechanisms for coal carbon reduction and potential early coal phase-out, said Nik Nazmi at COP28.

After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.

The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.

Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.

CLIMATE Impact X has secured investment from Japan’s Mizuho Financial Group, which will collaborate with the Singaporean carbon exchange to meet the growing demand for international carbon credits among Japanese companies.

Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.

Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.