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The result of "carbon tax" is as follows:

Thailand prepares $93 bln for energy plans to curb carbon emissions
News

Thailand prepares $93 bln for energy plans to curb carbon emissions

To achieve its carbon reduction targets, Thailand is formulating five major energy plans with a total investment of 2.9 trillion baht (about 93 billion USD). Over 50% of this budget will be allocated to renewable and alternative energy.
September 26, 2024
Vietnam’s mangroves, seaweed offer huge blue carbon potential
News

Vietnam’s mangroves, seaweed offer huge blue carbon potential

With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.
September 20, 2024
Air taxis have high costs and emissions, not useful for energy transition – researchers
News

Air taxis have high costs and emissions, not useful for energy transition – researchers

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).
September 18, 2024
Singapore companies face 'minimal impact' from carbon tax hike: Survey
News

Singapore companies face 'minimal impact' from carbon tax hike: Survey

Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.
September 18, 2024
China’s carbon market is moving from burden to boon
News

China’s carbon market is moving from burden to boon

China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
September 16, 2024
Indonesia’s new government targets $65 bln green fund through carbon credit revenues
News

Indonesia’s new government targets $65 bln green fund through carbon credit revenues

Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
September 16, 2024
Subic Freeport aims to achieve carbon neutrality with new green initiatives
News

Subic Freeport aims to achieve carbon neutrality with new green initiatives

The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
September 16, 2024
Singapore to mandate 10% energy cut for large buildings starting 2025
News

Singapore to mandate 10% energy cut for large buildings starting 2025

To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
September 13, 2024
Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’
News

Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’

American tech giant Google has announced a partnership with carbon capture startup Holocene, signing a contract worth up to $10 million. Starting in 2030, Google plans to purchase carbon credits at a very low price of $100 per ton.
September 12, 2024
How far has Apple reduced carbon emissions in its latest products?
News

How far has Apple reduced carbon emissions in its latest products?

The carbon reduction progress for the new Apple Watch and iPhone models is quite limited, highlighting that corporate decarbonization cannot make significant strides in a short period, even for the world's most valuable brands.
September 10, 2024
Malaysia launches aviation decarbonization blueprint, highlights SAF adoption
News

Malaysia launches aviation decarbonization blueprint, highlights SAF adoption

The Malaysian government announced its first aviation industry carbon reduction plan, which proposes four major carbon reduction measures for airlines.
September 09, 2024
Experts address opportunities and challenges for Vietnam’s emerging carbon market
News

Experts address opportunities and challenges for Vietnam’s emerging carbon market

Vietnam is expected to start piloting its carbon trading market in 2025, with carbon emission control and trading measures for high-emission sectors such as cement, steel, and transportation also set to take effect that year.
September 09, 2024
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