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The result of "carbon tax" is as follows:

Philippine Congressional think tank questions need for carbon tax
News

Philippine Congressional think tank questions need for carbon tax

The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
December 28, 2023
Blue Bird invests Rp250 billion in IKN for greener transport
News

Blue Bird invests Rp250 billion in IKN for greener transport

Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.
December 27, 2023
Carbon credit futures fall 90% as major buyer shun the market
News

Carbon credit futures fall 90% as major buyer shun the market

Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.
December 26, 2023
UK’s new CCUS Vision to create competitive carbon capture market
News

UK’s new CCUS Vision to create competitive carbon capture market

The UK government announced its new vision to create a carbon capture market by 2035. The plan, called the CCUS Vision, outlines a competitive UK carbon capture, usage and storage market aimed at generating new jobs and supporting its net zero goal.
December 25, 2023
Indonesia’s renewables investment hits multiyear low amid transition push
News

Indonesia’s renewables investment hits multiyear low amid transition push

Indonesia is about to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to tackle barriers.
December 25, 2023
Singapore’s first public sector sustainability report: no bottled water
News

Singapore’s first public sector sustainability report: no bottled water

Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.
December 22, 2023
Japan's Eneos, Sumitomo to produce green hydrogen in Malaysia
News

Japan's Eneos, Sumitomo to produce green hydrogen in Malaysia

Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.
December 22, 2023
Germany approves 50% hike in its carbon price next year
News

Germany approves 50% hike in its carbon price next year

On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 22, 2023
Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply
News

Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply

Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 21, 2023
Singapore, Japan agree green and digital shipping corridor for maritime decarbonization
News

Singapore, Japan agree green and digital shipping corridor for maritime decarbonization

The Singaporean and Japanese governments have signed a MoC to establish the first Singapore–Japan Green and Digital Shipping Corridor (GDSC).
December 21, 2023
Scramble for African forests looming for carbon credits
News

Scramble for African forests looming for carbon credits

The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 20, 2023
Japan eyes ammonia as critical strategic energy source
News

Japan eyes ammonia as critical strategic energy source

It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.
December 19, 2023
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