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Germany approves 50% hike in its carbon price next year
News

Germany approves 50% hike in its carbon price next year

On Friday, Germany approved the plan to raise the price on carbon dioxide emissions by more than agreed on previously on Dec. 15. The country currently has a levy on CO2 emissions from fuel of 30 euros per ton of CO2.
December 22, 2023
Gulf Energy, EGAT sign PPA for 12 solar power projects
News

Gulf Energy, EGAT sign PPA for 12 solar power projects

Gulf Energy Development is continuing to expand its footprint in the solar energy sector. On Thursday, the company signed a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (EGAT).
December 22, 2023
COP28: How Article 6 of Paris Agreement works and why is it important?
Research

COP28: How Article 6 of Paris Agreement works and why is it important?

The 2023 United Nations Climate Change Conference (COP28) closed on December 12, with particular attention on the adoption of Article 6 of the Paris Agreement, which allows parties to offset their own emissions by financing other countries' reduction init
December 22, 2023
Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply
News

Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply

Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 21, 2023
Singapore, Japan agree green and digital shipping corridor for maritime decarbonization
News

Singapore, Japan agree green and digital shipping corridor for maritime decarbonization

The Singaporean and Japanese governments have signed a MoC to establish the first Singapore–Japan Green and Digital Shipping Corridor (GDSC).
December 21, 2023
Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator
News

Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator

As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 21, 2023
Geothermal coffee process used in Indonesia speeds up processing
News

Geothermal coffee process used in Indonesia speeds up processing

Geothermal energy has the potential to generate direct social benefits through direct use applications. This potential is currently being realized in Indonesia with the introduction of the Geothermal Coffee Process (GCP) by PGE in West Java.
December 20, 2023
Scramble for African forests looming for carbon credits
News

Scramble for African forests looming for carbon credits

The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 20, 2023
Indonesia state utility PLN inks 14 clean energy deals during COP28
News

Indonesia state utility PLN inks 14 clean energy deals during COP28

Indonesia's state power firm Perusahaan Listrik Negara (PLN) said it had signed 14 agreements with various institutions during the COP28 climate summit to transition to cleaner energy.
December 20, 2023
Japan eyes ammonia as critical strategic energy source
News

Japan eyes ammonia as critical strategic energy source

It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.
December 19, 2023
Indonesia builds more water reservoirs to fight climate change
News

Indonesia builds more water reservoirs to fight climate change

Indonesia’s Public Works and Public Housing (PUPR) Minister, Basuki Hadimuljono, said that the government's efforts to construct more dams and retention basins serve as concrete actions to address the threats of climate change.
December 19, 2023
UK to launch carbon brooder tax on imports by 2027
News

UK to launch carbon brooder tax on imports by 2027

Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.
December 19, 2023
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