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EDP, the renewables unit of Portugal's largest utility, is in talks to sell power directly to Japanese and Korean companies as a way to boost growth in Asia, a change from the traditional contracts with state entities.

Charging firms for emitting carbon dioxide has generated a record high of about $95 billion in revenue, but prices remain too low to meet the targets set by the Paris climate accord, says a World Bank report.

Investments in clean energy could outpace spending on fossil fuels due to energy security concerns exacerbated by the war in Ukraine, as well as policy support from wealthy countries, according to a new report published by the International Energy Agency

Taiwan’s Environmental Protection Administration (EPA) cautioned local businesses against "greenwashing," which falsely present businesses as environmentally friendly while neglecting negative effects such as greenhouse gas emissions.

In response to the global net zero trend, governments in Northeast and Southeast Asia have announced policy plans, covering carbon taxes, carbon trading, as well as mandatory and voluntary markets. While everything seems in the progress, the Renewable Ene

California is urging the Biden administration to approve its plan to mandate all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, according to a letter seen by Reuters.

Singapore-based Grab and Indonesia's GoTo, the two biggest ride-hailing and delivery firms in Southeast Asia, are falling far behind their carbon neutrality pledge as their greenhouse gas emissions surged in 2022.

Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.

The Group of Seven (G7) countries call on the need to ensure energy security through actions including natural gas investments, calling it a "temporary" step as they accelerate the phase-out of our dependency on Russian energy.

British firm Octopus Energy Group has announced plans to invest 1.5 billion pounds ($1.21 billion) in the Asia-Pacific energy market by 2027 to accelerate the region's transition to clean energy.

The Korean government and industry have begun to promote the Carbon Free Energy (CFE) system, an initiative promoting 100% energy sources that do not emit greenhouse gases, including nuclear power.

India intends to file a complaint to the WTO over the EU's proposal to impose a 20% to 35% levy on carbon-intensive imports such as steel, iron ore, and cement from India, according to top government and industry sources.