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The result of "carbon tax" is as follows:

Carbon emission trading is best for Philippines: business group
News

Carbon emission trading is best for Philippines: business group

The Philippine government is currently deliberating on how to implement carbon pricing, considering options between a carbon tax or an Emissions Trading System (ETS). The influential Makati Business Club (MBC) has publicly supported the latter and emphasi
March 01, 2024
Viettel’s data center aims to reduce energy consumption by 2% per year
News

Viettel’s data center aims to reduce energy consumption by 2% per year

Data centers in Vietnam have been booming in the past year (2023), with the cumulative total reaching nearly 30. However, energy consumption and carbon emissions remained high. State-owned telecommunications giant Viettel pledged to address this issue by
February 29, 2024
Japan's World Smart Energy Week sheds light on hydrogen, zero-emission power generation technologies
News

Japan's World Smart Energy Week sheds light on hydrogen, zero-emission power generation technologies

Japan's World Smart Energy Week (WSEW) returned to Tokyo from Feb. 28 to March 1, featuring hydrogen, fuel cells, solar, wind, smart grids, carbon neutral, and the circular economy and gathered more than 1,600 exhibitors from 29 countries and regions this
February 28, 2024
Phuket Island invites "Tesla of Thailand" to expand low-carbon green tourism
News

Phuket Island invites "Tesla of Thailand" to expand low-carbon green tourism

Phuket Island, a popular tourist destination in Thailand, has pledged to become a green island and, on February 17th, signed a memorandum of understanding with the listed energy group Energy Absolute (EA) to comprehensively develop green tourism.
February 27, 2024
World's most expensive carbon credits in Thailand's first forest initiative
News

World's most expensive carbon credits in Thailand's first forest initiative

The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand has bought 400 tons of carbon credits at what is considered the world's highest price for such a project.
February 26, 2024
Malaysia's corporate green power trends: insights into recent procurement options
Research

Malaysia's corporate green power trends: insights into recent procurement options

Malaysia is seeking foreign investments across high-end sectors including electric vehicles, carbon capture, and semiconductor. This article delves into the existing ways and prospective measures companies may consider as they enter Malaysia.
February 22, 2024
Tesla achieves record breaking sales of $1.79 billion from carbon credits
News

Tesla achieves record breaking sales of $1.79 billion from carbon credits

Tesla earned $1.79 billion from carbon credit sales last year, as disclosed in its Q4 2023 and annual financial report, bringing its total earnings from such credits since 2009 to nearly $9 billion.
February 22, 2024
Taiwan's carbon fee exemption sparks debate as government, industry, academia urge fair competition
News

Taiwan's carbon fee exemption sparks debate as government, industry, academia urge fair competition

A forum titled “Carbon Levy and Sustainable Governance” took place on Feb. 20 in Taipei to facilitate exchanges among industry, government, academia, and research institutes on the topic of carbon pricing.
February 21, 2024
Singapore, Indonesia sign LOI on cross-border carbon storage
News

Singapore, Indonesia sign LOI on cross-border carbon storage

Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.
February 17, 2024
Indonesia rolls out free carbon tracking system for Southeast Asian businesses
News

Indonesia rolls out free carbon tracking system for Southeast Asian businesses

East Ventures and The Indonesian Chamber of Commerce and Industry launched ECOVISEA. The platform acts as a free web-based global greenhouse gas (GHG) calculator.
February 17, 2024
Vietnam’s FPT works with Japan’s Carbon EX to compete in the carbon market
News

Vietnam’s FPT works with Japan’s Carbon EX to compete in the carbon market

FPT Group has announced its cooperation with Carbon EX, a Japanese carbon credit trading platform, to develop carbon market in Vietnam and establish carbon credits that meet international standards and provide solutions for green transformation.
February 17, 2024
Vietnam plants over 700 million trees in last three years
News

Vietnam plants over 700 million trees in last three years

Afforestation is one of the most direct ways to increase carbon sink. Vietnam planted nearly 770 million trees in 2021-2023, achieving 77% of its goal to plant one billion trees in the 2021-2025 period.
February 16, 2024
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