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The result of "carbon tax" is as follows:

Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations
News

Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations

Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.
March 26, 2024
Advantech to advance into renewable energy, carbon credit procurement services
News

Advantech to advance into renewable energy, carbon credit procurement services

Taiwan-based industrial PC (IPC) maker Advantech has introduced the WISE-iEMS system, utilizing generative AI technology to proactively provide energy-saving strategies, promoting the sustainable transition of the industrial chain.
March 25, 2024
Indonesia to announce carbon emission caps to revitalize carbon credit market
News

Indonesia to announce carbon emission caps to revitalize carbon credit market

Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan
March 25, 2024
Tips in purchasing unbundled renewable energy certificates in Southeast Asia
Research

Tips in purchasing unbundled renewable energy certificates in Southeast Asia

Total issuance of I-RECs and TIGRs saw a 130% year-on-year growth last year in the region. There is little doubt that renewable energy certificates (RECs) are growing in popularity as a tool for scope 2 decarbonization in Southeast Asia.
March 22, 2024
2024 Carbon Forward Asia: In-depth Analysis
Research

2024 Carbon Forward Asia: In-depth Analysis

The development of the global carbon market has received widespread attention. On March 7 and 8 in Singapore, the Carbon Forward Asia event gathered industry experts and scholars to discuss the current market situation and future trends. Participants from
March 21, 2024
CCS market size projected to grow by 104.5 million tons by 2027
News

CCS market size projected to grow by 104.5 million tons by 2027

Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
March 20, 2024
Public and private sectors join forces to explore carbon reduction solutions
News

Public and private sectors join forces to explore carbon reduction solutions

Business Today held the 4th ESG Sustainability Taiwan International Summit in Taipei on March 18, inviting government bodies as well as Taiwanese companies to share their low-carbon practices.
March 19, 2024
Singapore selects ExxonMobil, Shell for CCS project
News

Singapore selects ExxonMobil, Shell for CCS project

Exxon Mobil and Shell have announced a collaboration with the Singaporean government to initiate a cross-border carbon capture and storage (CCS) project. The partnership aims to significantly dimmish Singapore's CO2 emissions.
March 15, 2024
Carbon fee for air travel up to airlines, says Mavcom
News

Carbon fee for air travel up to airlines, says Mavcom

The Malaysian Aviation Commission (Mavcom) is reviewing the Malaysian Aviation Consumer Protection Code 2016 (MACPC) to align with the impending introduction of carbon fee for air travel, expected to be implemented as early as April this year.
March 14, 2024
PLN Indonesia Power advances huge carbon emissions reductions with biomass cofiring
News

PLN Indonesia Power advances huge carbon emissions reductions with biomass cofiring

PLN Indonesia Power reduced 555 thousand tons of CO2 emissions last year by substituting coal with biomass cofiring in coal-powered power plants (PLTU).
March 14, 2024
Rapid decline of blue carbon in Southeast Asia due to human activity
News

Rapid decline of blue carbon in Southeast Asia due to human activity

Southeast Asia’s beaches have long captivated tourist’ attention, yet few have recognized another potential of its vast coastline: the ability of its rich marine life to reach carbon neutrality.
March 12, 2024
Grab accused of greenwashing over its “carbon neutral” fee
News

Grab accused of greenwashing over its “carbon neutral” fee

The Malaysian non-profit organization RimbaWatch pointing out Grab, a Southeast Asian ride-hailing service platform, buying carbon credits through the Katingan Mentaya Project (KMP) have exaggerated offset effects and are suspected of greenwashing.
March 12, 2024
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