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The result of "carbon tax" is as follows:

Global oil giants plan to storage huge amounts of CO2 in Southeast Asia
News

Global oil giants plan to storage huge amounts of CO2 in Southeast Asia

Carbon dioxide storage is emerging as a potential multi-billion-dollar revenue stream for oil giants like Exxon Mobil and Shell, which are under pressure to rein in the unfettered burning of fossil fuels.
April 10, 2024
Singapore starts electric harbor craft charging point trial
News

Singapore starts electric harbor craft charging point trial

Singapore's first public charging station for electric harbor crafts commenced its trial operation at Marina South Pier on April 8. Scheduled for full operation in May, the two-year trial is poised to assist the maritime industry to reduce carbon emission
April 10, 2024
Thailand promotes rubber plantation carbon credits for sustainable agriculture
News

Thailand promotes rubber plantation carbon credits for sustainable agriculture

Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 08, 2024
Vietnam’s ministry says carbon credits are sold at acceptable price
News

Vietnam’s ministry says carbon credits are sold at acceptable price

There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 03, 2024
Malaysia’s new moratorium unexpectedly propels rise of green steel
News

Malaysia’s new moratorium unexpectedly propels rise of green steel

The green steel supply chain is gradually starting up in Malaysia, largely due to stricter government policies related to decarbonization. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in t
April 03, 2024
Africa’s largest exchange to initiate carbon credit trading
News

Africa’s largest exchange to initiate carbon credit trading

JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.
April 02, 2024
Vietnam Rubber Group evaluates rubber forest carbon for commercialization
News

Vietnam Rubber Group evaluates rubber forest carbon for commercialization

The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024
"Greenflation" leads to downgrading green energy targets in ASEAN countries
News

"Greenflation" leads to downgrading green energy targets in ASEAN countries

"Greenflation" has become a factor to countries in Southeast Asia, including Indonesia and Vietnam, in lowering their commitments to renewable energy targets. Meanwhile, in Malaysia, the weakening currency is hindering the funding for decarbonization effo
April 02, 2024
Indonesian startup offers decarbonization solutions to fill green financing gap
News

Indonesian startup offers decarbonization solutions to fill green financing gap

Indonesian energy startup enables both non-state entities and individuals to participate in the nation's carbon reduction efforts through effective greenhouse gas projects and tree planting initiatives.
April 01, 2024
Machine tool industry seeks green transition amid booming carbon market
News

Machine tool industry seeks green transition amid booming carbon market

Verification agencies, consulting firms, and agri-food industry players of Taiwan gathered at a forum held on March 28 to share insights on corporate sustainability and carbon reduction from three different perspectives.
April 01, 2024
2025 World Expo Osaka to display carbon-capturing concrete dome
News

2025 World Expo Osaka to display carbon-capturing concrete dome

2025 World Exposition in Osaka will exhibit a dome made from a new form of carbon-capturing concrete, with the potential to make a huge impact in greening the construction sector, which currently make up for 40% of greenhouse emissions worldwide.
March 29, 2024
Thai study warns of 32% GDP impact if decarbonization efforts fail to keep up
News

Thai study warns of 32% GDP impact if decarbonization efforts fail to keep up

The impact of carbon tariffs from Europe and the United States is gradually becoming evident. The Kasikorn Research Center estimating that Thailand could face significant economic losses if it fails to keep pace with the low-carbon measures adopted by oth
March 26, 2024
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