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The result of "carbon tax" is as follows:

Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
News

Carbon capture can help reduce Singapore’s emissions, but huge challenges remain

The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 23, 2024
IETA unveils new guidelines for companies on carbon credits
News

IETA unveils new guidelines for companies on carbon credits

The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.
April 23, 2024
New SBTi standard to drive renewable energy certificate market changes: expert
News

New SBTi standard to drive renewable energy certificate market changes: expert

The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark
April 23, 2024
Indonesia expected to introduce new law to stimulate carbon trading market
News

Indonesia expected to introduce new law to stimulate carbon trading market

To fully unleash the potential of the carbon credit market, Indonesian government plans to speed up the review of relevant regulations and introduce new laws in June.
April 23, 2024
Paris Olympics climate action criticized as falling short of sustainability targets
News

Paris Olympics climate action criticized as falling short of sustainability targets

To mitigate global warming, the Paris Olympics has set ambitious carbon reduction goals. However, the non-profit organization Carbon Market Watch argues that its carbon footprint remains excessively high, making it difficult to be sustainable.
April 22, 2024
SBTi rule relaxation signals turning point for carbon credit market: TCX
News

SBTi rule relaxation signals turning point for carbon credit market: TCX

The new statement from the SBTi indicates that carbon credits have now reached a turning point, with demand expected to significantly increase, according to Tian Jian-zhong (田建中), general manager of Taiwan Carbon Solution Exchange (TCX).
April 19, 2024
Indonesia president, former UK Prime Minister explore renewable investment in Nusantara
News

Indonesia president, former UK Prime Minister explore renewable investment in Nusantara

Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora
April 19, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
News

Singapore pursues low-carbon methanol development to lead maritime fuel innovation

Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
April 17, 2024
Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more
Research

Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

What is the best way to decarbonize your power use in Southeast Asia? This article explains the 4 major power purchase mechanisms and their advantages and considerations.
April 15, 2024
SBTi rules relaxed set to boost the carbon credits market
News

SBTi rules relaxed set to boost the carbon credits market

The Science Based Targets initiative announced that it will allow the use of carbon credits to reduce emissions from Scope 3. Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, are set to be published July.
April 12, 2024
Vietnam’s green energy company to apply blockchain for carbon credits
News

Vietnam’s green energy company to apply blockchain for carbon credits

Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.
April 12, 2024
Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds
News

Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds

According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.
April 11, 2024
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