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The result of "carbon tax" is as follows:

One-third of voluntary carbon market credits fail to meet additionality standards: ICVCM
News

One-third of voluntary carbon market credits fail to meet additionality standards: ICVCM

Due to a lack of additionality, nearly one-third of carbon credits in the global voluntary carbon market do not meet high-quality standards, according to ICVCM.
August 07, 2024
Understanding carbon credits: A guide to Taiwan's carbon credit trading and regulatory landscape
News

Understanding carbon credits: A guide to Taiwan's carbon credit trading and regulatory landscape

While carbon dioxide is seen as the primary culprit of global warming, carbon credits are treated as a tradable commodity in financial markets. This article will explore what carbon credits are, how they can be obtained through activities like tree planti
August 06, 2024
Global surge in AI sparks race for green data centers
News

Global surge in AI sparks race for green data centers

With AI's huge energy demands driving up carbon emissions, "green data centers" have emerged, drawing investments from tech companies like Google and Microsoft to meet increasing computing power demand while minimizing environmental impact. Southeast Asia
August 05, 2024
China shifts to total emissions control as it aims for 2030 carbon peak
News

China shifts to total emissions control as it aims for 2030 carbon peak

To accelerate reaching peak carbon emissions by 2030, China is gradually transitioning its carbon reduction targets from an economic growth-based approach to a total emission control system, marking a shift from past methods.
August 05, 2024
Tripling reusability: Carbon Shuttle Technology's innovative recycling revolutionizes metal extraction
News

Tripling reusability: Carbon Shuttle Technology's innovative recycling revolutionizes metal extraction

Taiwan’s Carbon Shuttle Technology has developed a new material that reduces carbon emissions by 66% and lowers the need for incineration.
August 02, 2024
State of the climate: 2024 now very likely to be warmest year on record
News

State of the climate: 2024 now very likely to be warmest year on record

As 2024 passes its midpoint, the global climate continues to push into uncharted territory. Carbon Brief’s analysis indicates a 95% probability that this year will surpass 2023 as the warmest year on record.
August 01, 2024
New SBTi research highlights importance of carbon credit quality, expert says
News

New SBTi research highlights importance of carbon credit quality, expert says

SBTi's draft on Scope 3 carbon credits is delayed, with a report showing most carbon credits fail to meet climate goals. Industry researcher warns that this highlights the increasing importance of carbon credit quality.
August 01, 2024
Thailand unveils new incentives to lure hybrid vehicle investment
News

Thailand unveils new incentives to lure hybrid vehicle investment

Thailand announced that manufacturers producing hybrid vehicles will benefit from a reduction in excise tax. This move will attract at least 50 billion baht (about USD 1.4 billion) in new investments over the next four years.
July 30, 2024
ASEAN's energy evolution: Market liberalization vs. state control
Research

ASEAN's energy evolution: Market liberalization vs. state control

Most ASEAN member states have declared national carbon neutrality targets and renewable energy goals. However, translating these commitments into actionable strategies varies widely across the region and demand electricity market liberalization.
July 26, 2024
Indonesia to transform coconuts into sustainable aviation fuel
News

Indonesia to transform coconuts into sustainable aviation fuel

The world’s second-largest coconut producer Indonesia aims to create new value for coconuts by developing sustainable aviation fuel (SAF), hoping to increase coconut exports amidst global decarbonization efforts.
July 23, 2024
Are China’s blue carbon credits a free pass to harm its oceans?
News

Are China’s blue carbon credits a free pass to harm its oceans?

The purchase of blue carbon credits should only be considered if directly remediating environmental damage is not possible, experts say.
July 22, 2024
Shipping industry struggles with decarbonization amid green fuel supply, policy challenges
News

Shipping industry struggles with decarbonization amid green fuel supply, policy challenges

The shipping industry is facing immense pressure to reduce emissions due to underdeveloped decarbonization technologies and tightening carbon tax policies. Major players like Maersk and Taiwan’s top shipping companies—Evergreen, Wan Hai, and Yang Ming—are
July 16, 2024
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