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Thailand turns to mangrove carbon credits despite scepticism
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Thailand turns to mangrove carbon credits despite scepticism

Thailand aims to bring thousands of hectares of mature mangroves into its new carbon market, but local communities are concerned about the consequences.
September 30, 2024
Thailand’s carbon tax to link with excise tax
News

Thailand’s carbon tax to link with excise tax

Thailand's carbon tax is expected to be implemented this year. Officials from the Ministry of Finance have revealed plans to link the carbon tax with the excise tax to prevent companies from passing on costs to consumers. Additionally, the country will ad
September 30, 2024
AirAsia to implement mandatory carbon fee starting next year
News

AirAsia to implement mandatory carbon fee starting next year

Malaysia's AirAsia, plans to impose a mandatory carbon fee on passengers starting next year, pending approval from the respective countries on its routes. If successfully implemented, this will be a first for a Malaysian national airline.
September 27, 2024
Germany debates new electric car subsidies ahead of auto industry crisis summit
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Germany debates new electric car subsidies ahead of auto industry crisis summit

German policymakers, industry experts, NGOs and unions were split over a proposal to support the country’s ailing car industry with a new ‘cash for clunkers’ scheme, ahead of an industry crisis summit convened by the economy ministry.
September 27, 2024
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
Tripling renewables, doubling efficiency are ‘feasible’, says IEA
News

Tripling renewables, doubling efficiency are ‘feasible’, says IEA

IEA released a new report indicating that the goals supported by countries at COP28—such as doubling renewable energy capacity and increasing energy efficiency by 100% by the end of 2030—could be achievable with the right enabling conditions.
September 25, 2024
Singapore’s cross-border deal reveals obstacles of ASEAN power grid
News

Singapore’s cross-border deal reveals obstacles of ASEAN power grid

Singapore announced that the second phase of the project will expand, with plans to import an additional 100 MW of electricity from Malaysia. However, unexpectedly, this electricity may not necessarily be renewable.
September 24, 2024
Jokowi urges immediate reforms in Indonesia’s geothermal permit delays
News

Jokowi urges immediate reforms in Indonesia’s geothermal permit delays

Indonesia possesses rich geothermal resources, with a goal of increasing geothermal power generation capacity to 10.5 GW by 2035. However, development has been slow, and to meet this target, an annual increase of 700 MW to 800 MW will be necessary.
September 24, 2024
Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey
News

Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey

The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e
September 23, 2024
Microsoft’s nuclear power deal propels Three Mile Island restart
News

Microsoft’s nuclear power deal propels Three Mile Island restart

Constellation Energy recently announced a power purchase agreement with Microsoft to prepare for the restart of the Three Mile Island nuclear plant. However, the plan has not yet received approval from federal, state, and local governments.
September 23, 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
Can the Fed’s rate cut spark growth in renewable energy?
News

Can the Fed’s rate cut spark growth in renewable energy?

The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.
September 19, 2024
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