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Analysts lowered EU carbon price forecasts due to weak power sector demand
News

Analysts lowered EU carbon price forecasts due to weak power sector demand

Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026, predicting that weak demand from power plants and sluggish industrial demand will impact the market.
January 25, 2024
Vietnam's first carbon credit program starts this fall
News

Vietnam's first carbon credit program starts this fall

Lilama 2 College has announced its collaboration with British-based Pearson BTEC, to introduce a carbon credit academic program, and become the first educational institute in Vietnam to offer a carbon credit academic program.
January 25, 2024
What’s next for renewable energy market in Southeast Asia in 2024?
Research

What’s next for renewable energy market in Southeast Asia in 2024?

Southeast Asia stands at a critical juncture in its energy transition journey. As a region with diverse energy landscapes, it is grappling with the challenge of decarbonizing its power sector amid growing environmental and economic imperatives.
January 25, 2024
Offshore wind to power Google’s latest $1 billion data center
News

Offshore wind to power Google’s latest $1 billion data center

Google has started building a $1 billion data center in north of London that will be powered by Scottish offshore wind. The data center will be located on a 33-acre site that the global tech giant purchased in the town of Waltham Cross in Hertfordshire.
January 24, 2024
Closing Philippine coal plants 5 years earlier could cut 290 million tons of CO2
News

Closing Philippine coal plants 5 years earlier could cut 290 million tons of CO2

Terminating coal plants in the Philippines five years before original retirement date could prevent the release of 290 million tons of carbon emissions, as indicated a report from climate tech thinkthank TransitionZero.
January 24, 2024
Rise of LFP battery worries Indonesia’s nickel industry
News

Rise of LFP battery worries Indonesia’s nickel industry

During the fourth debate of the Indonesian presidential elections, discussions were ignited on the country’s social media after the vice-presidential candidate, Gibran Rakabuming Raka, mentioned lithium iron phosphate (LFP) electric vehicle batteries.
January 24, 2024
Annual carbon market review and outlook for 2024
Research

Annual carbon market review and outlook for 2024

In 2023, the EU launched a sweeping Carbon Border Adjustment Mechanism (CBAM), ushering the global carbon market into a new era; China's carbon prices saw record highs despite a lack of trading momentum; South Korea introduced its first carbon neutrality
January 24, 2024
China’s national voluntary carbon credit market resumes operations
News

China’s national voluntary carbon credit market resumes operations

China has relaunched its long-stalled voluntary carbon offset market, providing funding to projects with the potential to restrain emissions but facing challenges in generating profits.
January 23, 2024
Malaysia airports turn to solar power for net-zero emissions goal
News

Malaysia airports turn to solar power for net-zero emissions goal

Malaysia Airports Holdings Berhad (MAHB) ensures the sustainable development of its airports through solar power system.
January 23, 2024
90% of FMCG turn to circular economy: VCCI
News

90% of FMCG turn to circular economy: VCCI

According to the Vietnam Chamber of Commerce and Industry (VCCI), 90% of Fast-Moving Consumer Goods (FMCG) enterprises in Vietnam have shifted toward the circular economy, including food and non-alcoholic beverage big brands such as Nestlé, Coca-Cola, and
January 23, 2024
AI helps to slash energy usage of carbon capture
News

AI helps to slash energy usage of carbon capture

The latest research, conducted by academics at the University of Surrey in the UK, suggests that AI may help revolutionize carbon capture technology.
January 22, 2024
Solar, wind capacity in ASEAN rises 20% in just one year, report says
News

Solar, wind capacity in ASEAN rises 20% in just one year, report says

Wind and Solar capacity in the ASEAN region increased by 20% in 2023, bringing the total to over 28 GW. According to a new report from Global Energy Monitor (GEM), the technologies now account 9% of electricity generating capacity in ASEAN countries.
January 22, 2024
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