News
News
November 17, 2023
EU to auction 244 million carbon permits from Jan-Aug 2024
European governments will auction 244 million EU carbon permits from January to August next year under the bloc's ETS, the European Commission announced on November 16.
November 03, 2023Barclays rebuilds carbon trading desk amid global net-zero push
Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
November 03, 2023Indonesia outlines emission roadmaps for $20 billion energy transition plan
Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.
October 16, 2023Indonesia launches tourism decarbonization road map to enhance energy efficiency
Indonesian government has launched a road map for low-carbon tourism and hopes that this road map will guide the tourism industry towards achieving carbon neutrality.
October 05, 2023Philippines' EDC to pour $1 billion into geothermal energy storage
Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).
October 04, 2023Malaysia eyes B10 biodiesel expansion to industrial sector
Malaysian plantations and Commodities minister Fadillah Yusof said government is considering expansion of its B10 biodiesel programme to industrial sector during the fourth Palm Biodiesel Conference held on Tuesday.
September 08, 2023Singapore to expand ocean CO2 removal project, aim to build demonstration factory
Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb CO2 emissions using emerging technologies that supporters hope can play a key role in addressing climate change.
September 07, 2023Indonesia's VP urges tougher vehicle emissions tests to fight air pollution
Vice President Ma'ruf Amin has called for stricter carbon emission testing on motorized vehicles in Jakarta to combat air pollution.
August 29, 2023Malaysia mandates less air con in government offices to lower carbon footprint
Malaysia has decided to raise the temperature in typically cold government offices to save energy. To offset any discomfort this may cause, the government has relaxed the dress code, allowing civil servants to wear cooler batik to work on most days.
August 25, 2023Hanoi boosts public bike service to reduce CO2 emissions
Vietnamese Tri Nam Group launched a pilot program in Hanoi utilizing public bicycles, aiming to reduce CO2 emissions, and diversify the city's passenger transport sector.