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Terminating coal plants in the Philippines five years before original retirement date could prevent the release of 290 million tons of carbon emissions, as indicated a report from climate tech thinkthank TransitionZero.

China has relaunched its long-stalled voluntary carbon offset market, providing funding to projects with the potential to restrain emissions but facing challenges in generating profits.

The latest research, conducted by academics at the University of Surrey in the UK, suggests that AI may help revolutionize carbon capture technology.

To reduce the reliance on Liquefied Petroleum Gas (LPG), the Indonesian government implemented a program that offer free energy-efficient electric cookers last year. The initial target was to distribute 500,000 sets of rice cookers.

Indonesia’s Financial Services Authority (OJK) is optimistic that carbon exchange will continue to grow in 2024. As of Nov 30 in 2023, the trading volume on IDX Carbon reached 494,000 tons of CO2e, with a transaction value of IDR 30.91 billion.

Sarawak Energy Berhad (SEB) has become the first major corporation in Malaysia to receive international recognition as the Science Based Target Initiative (SBTi) validates the state-owned energy firm’s near-term carbon emissions reduction target.

Thailand is preparing to join the league of countries implementing a carbon tax. Ministry of Finance revealed that the department has been collaborating with both domestic and international organizations to draft carbon tax regulations.

A World Bank-backed project has been criticised by rice farmers for high costs and poor returns. Can its proposed second phase salvage things?

The power sector in Malaysia is expected to see a proliferation of solar projects in 2024, as households and companies seek to lower electricity bill and reduce carbon footprint.

Thai electric bus operator, Energy Absolute, announced on Jan 8 that it had sold the first carbon offsets under a new system established by the Paris Agreement to a Swiss fossil fuel group, a major landmark for putting into action the UN climate accord.

As demand for decarbonization grows, discussions surrounding carbon capture have gained momentum. However, the technology has also drawn mounting opposition.

According to the report from Indonesian government, the country’s green hydrogen potential is projected to reach 185,101 GWh by 2060. The report also pledges that Indonesia aims to become a green or low-carbon hydrogen exporting country as early as 2030.